Tag: Launch

EigenLayer Makes A Big Splash With EIGEN Token Launch And Major Airdrop Plan, Get The Full Scoop!

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EigenLayer, a decentralized restaking protocol built on Ethereum (ETH), has made significant announcements, paving the way for new developments within the crypto ecosystem.  The protocol unveiled its native token, EIGEN, which the newly formed Eigen Foundation will distribute. Alongside this, EigenLayer introduced a major plan for an airdrop and released a comprehensive new Whitepaper. EigenLayer Unveils EIGEN With Novel Mechanism According to the protocol’s announcement, the introduction of the EIGEN token brings forth a complementary mechanism designed to address “intersubjective” faults, which cannot be resolved through ETH restaking alone.  By…

Hong Kong Bitcoin ETF Readies For Stellar Debut, Expected To Outshine $125M US Launch

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The eagerly anticipated Hong Kong Bitcoin ETF market is scheduled to commence trading on Tuesday, marking a significant milestone in the increasing adoption of the leading cryptocurrency and building upon the success of the US ETF market.  With their approval, the newly regulated index funds are poised for a noteworthy debut, surpassing the first-day inflows in the United States. HK Bitcoin ETF Market Poised For Record-Breaking Debut Zhu Haokang, the Digital Asset Management Supervisor and Family Wealth Supervisor at Warsaw Fund expressed great confidence in the trading volume of Hong…

Bitcoin (BTC) and Ether (ETH) ETFs Launch in Hong Kong Tuesday: Interview With Key Executives

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Zhu Haokang : Based on the analysis of various factors, we believe that cryptocurrency ETFs will be beneficial to cryptocurrency prices. First, Hong Kong’s crypto spot ETF market injects more liquidity into the crypto market. Second, accelerate the compliance of the industry. Third, funding channels have been expanded. Fourth, investors may obtain arbitrage opportunities between ETF prices and spot prices, allowing more market makers and arbitrage investors to actively participate. Fifth, with the passage of our crypto spot ETF, trading factors in traditional markets will also directly affect the cryptocurrency…

Australia to launch spot Bitcoin ETFs by end of 2024: Bloomberg

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Australia gears up for a crypto boom as the country’s largest securities exchange is poised to list its first spot-Bitcoin ETFs by the end of 2024. Australian Securities Exchange (ASX) is anticipated to greenlight the first spot Bitcoin exchange-traded funds (ETFs) for the main board by the end of 2024, following the previous approvals of such financial products in the U.S. and Hong Kong. According to a Bloomberg report, at least several issuers are already working on launching their products on ASX, including BetaShares, VanEck, and DigitalX. However, a specific…

BlackRock IBIT ETF logs first zero-inflow day since US Bitcoin ETF launch

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BlackRock iShares Bitcoin Trust (IBIT) has seen its first day of $0 inflows since Bitcoin ETFs were launched in the United States in January. Since its start on Jan 11, IBIT has continuously drawn millions of dollars in daily investments, totaling approximately $15.5 billion in just 71 days. However, BlackRock’s inflow run ended on April 24, when it recorded $0 inflows. Bitcoin ETF Flow (US$ million) – 2024-04-24 TOTAL NET FLOW: -120.6(Provisional data) IBIT: 0FBTC: 5.6BITB: 0ARKB: 4.2BTCO: 0EZBC: 0BRRR: 0HODL: 0BTCW: 0GBTC: -130.4DEFI: 0 For all the data &…

Crypto Exchange Okx Partners With Manchester City to Launch Football Shirts Mintable as Digital Collectibles

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Okx and the English football club Manchester City have partnered to launch commemorative football shirts that can be minted as non-fungible tokens (NFTs). Fans of Manchester City, the reigning English football champions, will be able to mint the “Unseen City Shirts” digital collectible from April 22-25. Authentic Fan Engagement The cryptocurrency exchange Okx and the […] Source

Swiss Bitcoin advocates launch campaign to include BTC in National Bank reserves

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Multiple Swiss Bitcoin advocates are spearheading a renewed campaign to persuade the Swiss National Bank to include Bitcoin (BTC) in its reserves through a constitutional referendum. Yves Bennaïm, who leads the non-profit think tank 2B4CH driving this initiative, argued that integrating Bitcoin into the national bank’s reserves is critical for maintaining Switzerland’s “sovereignty and neutrality” growing global instability. Speaking to a Swiss news outlet, Neue Zürcher Zeitung, on April 20, Bennaïm mentioned that they are finalizing the organizational setup and drafting necessary documents to be submitted to the State Chancellery…

Bitcoin.com Announces Launch of Verse Voyager NFTs With Exclusive Airdrop — Public Sale to Start April 24

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Bitcoin.com, a trailblazer in the cryptocurrency domain since 2015, is thrilled to unveil the highly anticipated Verse Voyager NFT collection, which has officially launched with an exclusive airdrop of nearly 10% of the collection’s supply to early community participants. The public sale is scheduled to commence on April 24th at https://voyager.verse.bitcoin.com/, making this innovative series […] Original