Cryptocurrencies, led by Bitcoin (BTC), are rapidly gaining significance in the US economy and financial markets. The introduction of exchange-traded funds (ETFs) has opened up access to this asset class for a large number of new investors, resulting in an increase in Bitcoin’s value. This development is usually positive as it broadens the reach and … Read more
Some experts believe that the initial acceptance of Bitcoin spot ETFs in Hong Kong markets could significantly boost Bitcoin’s price surge during its upcoming halving event. Hong Kong could approve 4 Bitcoin ETFs before halving The Hong Kong Securities and Futures Commission (SFC) might give its approval for the initial offering of Bitcoin spot ETFs … Read more
In a blog post dated April 12, VeChain announced that UFC fighters’ gloves would soon be turned into digital tokens, allowing for their details to be traced on the VeChainThor blockchain. At UFC 300 on April 13, fighters will start using gloves embedded with NFC chips from VeChain. These chips record fight data, ensuring authenticity. … Read more
On April 12, the value of Bitcoin (BTC) unexpectedly dropped by 5%. This decline led to approximately $400 million in losses for traders holding leveraged positions in Bitcoin and other cryptocurrencies within an hour. In simpler terms, the price of Bitcoin decreased rapidly by 5%, resulting in significant financial setbacks for certain traders with amplified … Read more
Over $1 billion worth of United States Treasury tokens have been transferred onto public blockchains, with traditional financial institutions increasingly moving their securities online in response to extended high-interest rate conditions. According to the data collected by 21.co and Dune Analytics, the value of tokenized government securities surpassed $1 billion on March 28th. This figure … Read more
PEPE rose 10% on the news of the listing but dropped soon after. The decision to list PEPE follows the news of upcoming launch of DOGE futures on Coinbase. On the evening of April 11th, the Pepe token with a frog theme experienced a significant increase in value during US trading hours. This surge appeared … Read more