May 17, 2024
Crypto

Bitcoin Wears a Patagonia Vest Now, but Is It Still Crypto?

Cryptocurrency cleaned up its act this week as spot Bitcoin ETFs made their Wall Street debut in January. The digital tokens are looking almost unrecognizable from what the industry represented just a few years ago, leading to the question, is Bitcoin still crypto? Why Should Crypto Currencies be Called Securities? | Gizmodo Interview The “decentralized”

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Crypto

Hong Kong needs to speed up approval of spot cryptocurrency exchange-traded funds after US launch, industry insiders say

Eleven spot bitcoin ETFs – including BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust and ARK 21Shares Bitcoin ETF, among others – began trading on Thursday, following the US Securities and Exchange Commission’s landmark approval that is expected to help bring the cryptocurrency industry closer to the more regulated world of traditional finance. Blackrock representatives ring

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Crypto

FTX bankruptcy could go on for years, legal expert says

While 2023 might be remembered for the sheer number of crypto bankruptcy cases, the biggest one that’s seen FTX creditors seek to recover over $8 billion could go on for years due to the sheer number of people and companies fighting over what’s left. Alan R. Rosenberg, a partner at Markowitz Ringel Trusty & Hartog,

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Crypto

Bitcoin, After 18 Months Of Knockdowns, Enters 2024 Championship Round

symbol. Internet cryptocurrency state concept. getty If cryptocurrency were a sport, it would be boxing. “And we’re in the championship rounds,” says Asad Saddique, CTO of Cryptonary, a media and research platform for 195,397 traders and investors established in 2017. On October 1, 1981, Larry Holmes said, “Anything can happen in a fight between heavyweights.”

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Crypto

Hong Kong prepares for retail access to spot cryptocurrency exchange-traded funds, boosting city’s virtual-asset hub ambitions

Hong Kong previously only allowed retail participation in cryptocurrency futures ETFs, which hold virtual-asset futures contracts, instead of direct investments in crypto tokens at their spot prices. 03:03 The cryptocurrency scandal gripping Hong Kong The cryptocurrency scandal gripping Hong Kong Hong Kong’s latest initiative shows the determination of policymakers to rebuild investors’ confidence in virtual

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