Following Hong Kong’s authorization of the region’s first spot bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg’s senior ETF analyst Eric Balchunas shared his insights on social media about the new additions. Although there were anticipations of notable capital inflows into the Hong Kong ETFs, Balchunas mentioned that while it’s a positive step forward, he emphasized […] Source: https://news.bitcoin.com/etf-analyst-offers-sober-outlook-on-newly-approved-hong-kong-bitcoin-etfs-challenges-25b-inflow-estimate/
Month: April 2024
Adidas Releasing $2,500 Solana NFT Sneakers in Move-to-Earn Game ‘Stepn’
Move-to-earn game Stepn announced the launch of a collaborative NFT collection with titan sportswear brand Adidas on Monday, with plans to bring Solana NFT sneakers from the brand into the fitness-focused game. The Stepn x Adidas Genesis Sneakers collection is the first in a series of “co-branded activities” between the two companies. In a year-long partnership, the collaboration will see…
Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake
A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2 billion mark. The performance of these mining stocks has declined compared to their stronger start earlier this year, coinciding with the proximity of just 663 blocks remaining until the next reward halving. Impending Bitcoin Halving […] Source: https://news.bitcoin.com/short-sellers-target-bitcoin-miners-as-reward-halving-nears-2-billion-at-stake/
Bonded and Flex Staking for Celestia (TIA) starts now
April 15, 2024 | Product, Staking We’re thrilled to announce the support for bonded on-chain staking strategies for TIA starts now in most regions! How can I start staking? Add crypto assets to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Clients can now stake crypto assets and earn up to 18% in yearly rewards…
Ethereum Technical Analysis: ETH Teeters Between Bullish Breakout and Bearish Continuation
As ethereum fluctuates within a wide trading range from $2,991 to $3,266 on April 15, 2024, key technical indicators and chart patterns suggest a nuanced but potential shift in market sentiment. Despite a bearish trend over the past week, recent oscillator and moving average signals point towards a possible bullish reversal. Ethereum The relative strength […] Source: https://news.bitcoin.com/ethereum-technical-analysis-eth-teeters-between-bullish-breakout-and-bearish-continuation/
Bitcoin Technical Analysis: Indicators Suggest a Potential Shift in Market Momentum
As of April 15, 2024, bitcoin presents a mixed landscape of consolidation and subtle recovery hints, reflecting a crucial moment for potential bullish or bearish trends. Bitcoin Despite the current market indecisiveness indicated by the 1-hour chart, the 4-hour and daily charts suggest underlying movements that could influence future price actions. The 1-hour chart displays […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-indicators-suggest-a-potential-shift-in-market-momentum/
Blockchain for Good Alliance (BGA) Unites Web3 for Societal Impact, Launching at Blockchain Life Dubai With Bybit Web3, Harvard Blockchain Club, Solana Foundation, Moledao, Aptos, ICP.Hub UAE, Alchemy Pay as Key Partners – Press release Bitcoin News
Blockchain for Good Alliance (BGA) Unites Web3 for Societal Impact, Launching at Blockchain Life Dubai With Bybit Web3, Harvard Blockchain Club, Solana Foundation, Moledao, Aptos, ICP.Hub UAE, Alchemy Pay as Key Partners – Press release Bitcoin News Source: https://news.bitcoin.com/blockchain-for-good-alliance-bga-unites-web3-for-societal-impact-launching-at-blockchain-life-dubai-with-bybit-web3-harvard-blockchain-club-solana-foundation-moledao-aptos-icp-hub-uae-alchemy/
Spot Bitcoin, Ethereum ETFs Approved in Hong Kong
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Hong Kong’s securities regulator has given conditional approval for a number of spot Bitcoin and Ethereum ETF applications. In separate statements Monday morning, China Asset Management…
Cryptocurrencies Not Banned, Vietnam Requires Legal Framework for Regulation — Govt Official
A government official from Vietnam has stated that cryptocurrencies are not prohibited. However, the country urgently needs to establish a legal framework to regulate their use, the official said. The Finance Ministry has been tasked with drafting a framework to govern crypto assets, which is due for completion by May 2025. Finance Ministry Directed to […] Source: https://news.bitcoin.com/cryptocurrencies-not-banned-vietnam-requires-legal-framework-for-regulation-govt-official/
Bitcoin Price Bounces Back to $66,000 Following Weekend Crash
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The crypto market is showing signs of recovery following a crash that saw Bitcoin plunge below $63,000 over the weekend. At time of publication, Bitcoin (BTC)…