The Hong Kong Securities and Futures Commission (SFC) has given the green light to several spot bitcoin and ethereum exchange-traded funds (ETFs), a move that signals substantial progress in the region’s crypto market, with approvals awarded to China Asset Management, Bosera Capital, and Hashkey Capital Limited, and an in-principle approval for Harvest Global Investments. These […] Original
HashKey and Bosera International have received conditional approval from the Hong Kong regulator for two spot crypto ETFs, marking a pivotal moment for Asian investors. HashKey Capital and Bosera International have secured conditional approval from the Hong Kong Securities and Futures Commission (SFC) to offer spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. In a blog announcement on Apr. 15, HashKey said the ETFs “bridge the gap for traditional institutions to invest in virtual assets,” adding that the move will “significantly expand” mainstream and retail investors’ exposure to…
The Hong Kong Securities and Futures Commission (SFC) has officially approved several spot Bitcoin and Ethereum exchange-traded funds (ETFs), a decision that marks a significant development in the region’s burgeoning crypto market. These approvals were granted to prominent asset managers including China Asset Management, Bosera Capital, and HashKey Capital Limited, alongside an in-principle approval for Harvest Global Investments. Hong Kong’s SFC Approves Bitcoin And ETH ETFs China Asset Management’s Hong Kong unit, as detailed in their press release, has received SFC approval to launch spot Bitcoin and Ethereum ETFs. This…
“So if we take that satoshi that is produced in an event that happens every two weeks, to a sat that’s produced just once every four years, I don’t know what that’s going to be worth, but it could be millions,” Adam Swick, chief growth officer of mining firm Marathon Digital Holdings (MARA), said in an interview. Source
The cryptocurrency community is abuzz with speculation as the next Bitcoin halving event approaches. While all eyes are naturally on Bitcoin itself, XRP, Ripple’s native token, has emerged as a surprising source of intrigue. Historical price movements, recent legal developments, and a range of expert predictions are fueling a sense of cautious optimism for XRP’s future. XRP And The Halving Halo Effect Historically, altcoins like XRP have often mirrored Bitcoin’s price movements. Following significant events in the Bitcoin market, particularly halving events that cut the mining reward in half, altcoins…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Bitcoin hinders El Salvador’s credit talks with the IMF, the Paraguayan Senate issues a statement supporting bitcoin miners, and Venezuela unveils a crypto-linked corruption scheme. Bitcoin Reportedly Hurts El Salvador Credit Opportunities With […] Original
The market has shaken off concerns of escalations between Iran and Israel as the U.S. appears to have talked Israel out of a counter-attack. Original
Solana tumbled and declined toward $110. SOL price is now correcting losses above $140 and facing hurdles near the $160 resistance zone. SOL price gained bearish momentum and declined below $150 against the US Dollar. The price is now trading below $160 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $160 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could continue to recover if it clears the $150 and $160 resistance levels. Solana…
In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes an “investment contract” in digital asset transactions. This pivotal case could set significant precedents for the cryptocurrency industry in the […] Source CryptoX Portal
Ethereum price dived over 10% before the bulls appeared near $2,550. ETH is back above $3,000 and now faces many hurdles near $3,200. Ethereum is attempting a recovery wave from the $2,550 support zone. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There is a rising channel forming with resistance at $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it stays above the $3,000 support zone. Ethereum Price Eyes Recovery Wave Ethereum price started a major…