Hong Kong SFC Gets First Spot Bitcoin ETF Application
The race to list the first Bitcoin spot ETF in Hong Kong has already started. As per local reports, the Securities and Futures Commission (SFC)...
Crypto Energy Use to Surge Over 30% by 2026
The International Energy Agency has published new statistics regarding the use of energy input in different sectors and industries. As per the report, the aggregate...
Core Specific to Resume Trading on Nasqaq Following Post-Bankruptcy Restructuring
On January 23, Core Scientific revealed its intention to expand its mining capacity over the next four years by 50%. Core Scientific, a Texas-founded mining...
Hearsay Over Changing Mt.Gox Creditor’s Gears Disturbs Bitcoin market
Bitcoin plummeted following claims that Mt.Gox has begun repaying its creditors, dragging the cryptocurrency market along. Mt.Gox, the long nonoperational crypto exchange, reappears from crypto...
Bank of England Admits Unreadiness for Britcoin’s CBDC in the UK
The British policymakers have portrayed their undecided stance on the digital pound - Britcoin. The policymakers dismissed the possibility of the rushed release of the...
Bloomberg Analyst Predicts Gold Will Outshine Bitcoin in 2024
Mike McGlone, a Bloomberg analyst has noted that Bitcoin prices may absorb negative impact from Macroeconomic dynamics. He is a senior commodity strategist for the...
WisdomTree and Invesco Reduce Fees on European ETPs
In a landmark decision, the Securities and Exchange Commission approved 11 Bitcoin spot ETF applications on 10th January 2024. Bitcoin ETFs backed by direct asset...
Crypto Fund Outflows Nearly $25M as GBTC Sales Erode Bitcoin Prices
The latest CoinShares publication reveals a rise in Bitcoin outflows in the previous week despite the trading volume for the spot Bitcoin exchange-traded funds (ETFs)...
Franklin Templeton Banks on Financial Advisors Familiarity with Spot Bitcoin ETF for Traction
Franklin Templeton has realized a slow start for its spot bitcoin exchange-traded fund (ETF), with the bulk of the billions spread to a few of...
Virginia State Proposes Bill to Protect Crypto Mining Rights
The legislators in Virginia have introduced a new bill to define rights for blockchain miners. The bill also deals with the matter of providing tax incentives...