January 2024

Hong Kong’s Harvest Fund Management Seeks Spot Bitcoin ETF Approval

Hong Kong’s Harvest Fund Management Seeks Spot Bitcoin ETF Approval

The primary focus continues to be on spot Bitcoin ETFs and Hong Kong players do not want to be left behind. Harvest Fund Management’s Hong Kong branch is the latest entity to apply for a spot Bitcoin exchange-traded fund (ETF) with local regulators. This move aligns with Hong Kong’s preparations for its first wave of […]

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Bitcoin Will Hit $170,000 After The Halving: Anthony Scaramucci

Bitcoin Will Hit $170,000 After The Halving: Anthony Scaramucci

Anthony Scaramucci – founder of SkyBridge Capital – predicts that the next Bitcoin (BTC) halving will catapult the asset’s price to $170,000 per coin. His latest estimate is based on Bitcoin’s consistent track record of tapping new all-time highs following the “halving” – a roughly one-in-four-year event that cuts the rate at which new BTC

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Ripple (XRP) CTO Shares Thoughts on Proposed XRPL Governance Changes

Ripple (XRP) CTO Shares Thoughts on Proposed XRPL Governance Changes

Ripple’s Chief Technology Officer, David Schwartz, has shown his support for the proposed governance changes within the XRP Ledger Foundation (XRPLF). The move comes in response to a comprehensive proposal by XRP Ledger developer David Fuelling, aiming to enhance transparency and decentralization within the XRPL governance systems. Open Dialogue and Community Involvement In a recent

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Sponge Token Price Rises 9% Despite Other Meme Coins Falling

Sponge Token Price Rises 9% Despite Other Meme Coins Falling

As the meme coin market sees red, the SpongeBob-themed token Sponge (SPONGE) has swum against the tide with a 9% rise since Thursday. This upward momentum comes as the project prepares to launch Sponge V2 (SPONGEV2), its next evolution, which aims to expand its current functionality and use cases. SPONGE Token Pumps Ahead of V2

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Is XRP on the Verge of a Massive Bounce? (Ripple Price Analysis)

Is XRP on the Verge of a Massive Bounce? (Ripple Price Analysis)

Ripple’s price has been confined within a symmetrical triangle pattern since the latter half of 2023. However, a recent sharp decline has brought the price to the lower boundary of the triangle, where it may find support in the coming days. The subsequent breakout from this triangle pattern will play a pivotal role in shaping

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Amazon Developing Movie on Bitcoin Money Laundering Couple Linked to Bitfinex Hack

Amazon Developing Movie on Bitcoin Money Laundering Couple Linked to Bitfinex Hack

Last updated: January 29, 2024 06:43 EST | 2 min read Source: Adobe/Bits and SplitsAmazon MGM Studios is reportedly in the early stages of developing a movie based on the exploits of the couple involved in laundering billions of dollars worth of Bitcoin connected to the 2016 hack of the cryptocurrency exchange Bitfinex. According to

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Belarus Set to Launch Hyperledger Fabric-powered Digital Ruble Platform

Belarus Set to Launch Hyperledger Fabric-powered Digital Ruble Platform

Last updated: January 28, 2024 20:06 EST | 1 min read Source: Cryptonews.comBelarus is edging closer to the launch of its CBDC, the digital Belarusian ruble, with a new “platform” built on the open Hyperledger Fabric blockchain network. Per Ekononmicheskaya Gazeta, the National Bank of Belarus and the Center for Banking Technologies “began developing a

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OKX Expands Token Support, Adds Atomicals, Stamps, Runes, and Doginals to Platform

OKX Expands Token Support, Adds Atomicals, Stamps, Runes, and Doginals to Platform

Last updated: January 29, 2024 06:18 EST | 3 min read Image Source: AdobeOKX, a prominent Web3 technology company, has announced its pioneering initiative to become the first platform to support four new inscription token standards, namely Atomicals, Stamps, Runes, and Doginals. On January 29, OKX announced its plans to add Atomicals and Runes to

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Web3 Gaming Firm Immutable Opens zkEVM Mainnet Early Access with Polygon

Web3 Gaming Firm Immutable Opens zkEVM Mainnet Early Access with Polygon

Last updated: January 29, 2024 06:08 EST | 2 min read Source: DALL·E 3Gods Unchained developer Immutable launched early access for its zkEVM Mainnet powered by Polygon on Monday. In the early access period, a mainnet deployer allowlist will be in place to guarantee operational smoothness and user security. Initially, this allowlist will include specific

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GBTC Outflows Topped $2.2 Billion Last Week, Outweighing All Spot Bitcoin ETF Gains: CoinShares

GBTC Outflows Topped $2.2 Billion Last Week, Outweighing All Spot Bitcoin ETF Gains: CoinShares

Last updated: January 29, 2024 05:09 EST | 1 min read Source: AdobeStockNewly released data reported by CoinShares reveals Grayscale’s spot bitcoin ETF (GBTC) saw over $2.2 billion in outflows last week, greatly outweighing the total weekly inflows of its competitors. ETF Outflows are Finally Subsiding According to CoinShares’ report, newly issued spot bitcoin ETFs

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