This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
According to experts, there is no better time than now for China to seek alternative investment opportunities.
Coinbase’s revenue for consumer transactions jumped by 100% year over year amid a strong trading activity spurted by the Bitcoin price rally to $74,000.
The total April net outflows of $343.5 million has successfully broken the three months of consecutive inflow streak for the spot Bitcoin ETFs.
Despite these recent outflows, the accumulated total net inflows for the US-listed spot BTC ETF products stand at nearly $60 billion.
Hong Kong previously listed three futures-based crypto ETFs in late 2022.
The partnership is centered on making HGI’s crypto spot ETF available by leveraging MetaComp’s Client Asset Management Platform (CAMP).
Chhugani and Sapra emphasize the time needed for Bitcoin to be widely accepted as a legitimate investment option for diversifying portfolios.
Australia’s foray into Bitcoin ETFs signifies a growing global acceptance of cryptocurrencies as legitimate investment vehicles.
Northern Data’s navigation into cloud solutions and data center infrastructure makes it an attractive bet with a potential 53.2% upside possibility.
OSL chairman of the board and CEO Patrick Pan said in a statement that the approval of the crypto ETFs in Hong Kong is seen as a “major enhancement” for the country’s financial economy.
BNY Mellon filed form 13F-HR on April 25 with the US SEC and disclosed that it holds shares of GBTC and IBIT.
The much-anticipated Bitcoin halving event on April 20 was expected to trigger a price surge but failed to deliver the anticipated impact. Instead, Bitcoin saw a subsequent 15% drop.
The US SEC must decide on VanEck’s and ARK’s spot Ethereum ETF filings by May 23 and May 24 respectively.
April 24 marked the first-day IBIT experienced zero inflows, concluding its remarkable streak of positive trend.
The launch of the ETFs next week in Hong Kong will likely draw comparisons with the three-month-old US Bitcoin funds, which have already made a significant impact on Wall Street.