(Bloomberg) — A batch of exchange-traded funds investing directly in crypto debuted in Hong Kong on Tuesday, heralding potential competition for US Bitcoin products whose popularity stoked a record rally in the digital asset. Most Read from Bloomberg Harvest Global Investments Ltd., the local unit of China Asset Management, and a partnership between HashKey Capital
The cryptocurrency market is renowned for its unpredictable nature and it was witnessed through the downturn that it is experiencing today. Bitcoin [BTC] recorded a 2.3% daily drop and was trading at $62,300, at press time. Amid these market fluctuations, a relatively lesser-known token TIM is currently making news. Insiders have reportedly transformed a modest
As Hong Kong braces for the debut of its first spot Bitcoin and Ethereum ETFs, expectations are soaring that the initial trading volumes will eclipse those witnessed during similar launches in the US, local media reported on April 29. Huaxia Fund Management (Hong Kong), along with digital asset service provider OSL, are spearheading the launch
Venezuela is reportedly expected to increase its use of cryptocurrency when the United States reimposes oil sanctions on the country beginning June 1. A Venezuelan opposition politician, Leopoldo Lopez, and a national security leader at New York-based blockchain data firm Chainalysis, Kristofer Doucette, released a report Monday (April 29) saying that democratic governments should set up structures to
Crypto payments have traditionally suffered from a pervasive “cold start” problem. Among other issues hamstringing the integration of blockchain-based digital assets as a payments mechanism, many potential customers simply don’t own any crypto and therefore can’t use it to carry out transactions. And that doesn’t really incentivize merchants to embrace crypto payments as an offering.
The cryptocurrency market rarely disappoints. The vertical is currently experiencing bearish price declines, and leading altcoins seem to be projecting low price action. While many crypto enthusiasts may label this development as downright negative, several crypto opportunists believe this might be their only time to shine brightly within the crypto community. Price dips might pose
April 29, 2024 3:05 PM | 2 min read | Prominent macro guru and former Goldman Sachs executive Raoul Pal shared his insights on why he believes crypto is the biggest macro opportunity of all time. What Happened: In a recent podcast titled “The Big Picture,” Pal argues that the ongoing debasement of currencies by
Cryptocurrency investors are constantly on the lookout for coins that have the potential to deliver substantial returns. With May approaching, three coins have emerged as top contenders for achieving 10X profits: Golem (GLM), Popcat (POPCAT), and Shiba Inu (SHIB). Golem (GLM) Source: CoinCentral Golem, a decentralized computing power platform, has been making significant strides in
Lazarus Group, a hacking organization with ties to the North Korean government dating back to 2009, has allegedly laundered over $200 million stolen from more than 25 cryptocurrency hacks. The hacks occurred between August 2020 and October 2023, according to research by on-chain sleuth ZachXBT. By tracing funds across multiple blockchains and through crypto mixing
In the dynamic world of cryptocurrencies, ZUSD $ZUSD airdrops have emerged as a powerful tool for community engagement and token distribution. These events offer users the chance to receive free tokens, including ZUSD $ZUSD, by participating in various tasks. In this comprehensive guide, we’ll explore the ins and outs of claiming ZUSD $ZUSD airdrops using