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Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFs’ First Weeks On Thursday, the spot bitcoin ETFs in Hong Kong experienced net negative outflows of approximately 104.79 BTC, valued […] Source: https://news.bitcoin.com/lackluster-performance-for-hong-kong-bitcoin-etfs-since-launch/

Elon Musk, CEO of Tesla, SpaceX, and Neuralink, announced today via a tweet that Neuralink is looking for its second participant to undergo a brain implant trial. In true Musk fashion, the tweet described the implant as a “telepathy cybernetic brain implant that allows you to control your phone and computer just by thinking.” Neuralink is a company developed by…

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The Internet Computer-based Bitfinity platform introduces its Ethereum Virtual Machine, facilitating smart contract execution for Bitcoin protocols and enabling Bitcoin DeFi applications with Runes support. Built on the Internet Computer protocol, Bitfinity integrates with the Bitcoin network, offering asset bridging to other blockchains. Leveraging Ethereum’s smart contract language Solidity, developers can access Bitcoin-based tokens, including BTC, Ordinals, and Runes. The…

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Bitcoin (BTC-USD) found itself grouped with other speculative investments during the run-up of the Federal Reserve’s last tightening cycle, declining on expectations that higher interest rates would dampen the risk appetite. Now, with optimism growing again that borrowing costs could soon be heading lower, proponents of the biggest cryptocurrency argue that it’s more akin to high-growth assets such as shares…

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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 So much for the GameStop meme stock revival—and the related meme coin surge, too. With GameStop’s recent share price gains all but evaporated, an unofficial GameStop…

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Bank of America (NYSE:BAC) has revised its rating on Coinbase (NASDAQ:COIN) from underperform to neutral, with a raised price target of $217, up from $110. According to the bank’s report, the current macroeconomic environment has fostered growth in crypto market capitalization and trading volumes. While the bank acknowledges positive dynamics, it also highlights risks associated with Coinbase, including its reliance…

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The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong. Residents can now set up and top up wallets via the Faster Payment System (FPS), marking the first global linkage of a faster payment […] Source: https://news.bitcoin.com/china-expands-digital-yuan-pilot-hong-kong-residents-can-now-set-up-e-cny-wallets-locally/

Imagine a cryptocurrency that combines the internet’s obsession with dog memes and the exciting world of artificial intelligence (AI). That’s exactly what the team behind WienerAI (WAI) has devised – an approach that has helped them raise over $2 million in the project’s ongoing presale phase. WienerAI – The AI-Powered Meme Coin Revolutionizing Crypto Trading […] Source: https://news.bitcoin.com/new-crypto-presale-to-watch-wienerai-meme-coin-hits-2m-milestone/