Hashdex withdraws spot Ether ETF application
Hashdex withdrew its application for a spot Ether exchange-traded fund on May 24, a day after the SEC gave eight similar financial products the green light.
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Thailand distributing digital money to 45M citizens to boost economy
The controversial plan began as a campaign promise and will help lower-income Thais buy more.

Bitcoin Bears Struggle at the $9,270 Support — What Happens If It Breaks?
This week Bitcoin (BTC) price has struggled to overcome resistance at $9,600 and at the time of writing the top-ranked cryptocurrency on CoinMarketCap is finding support near $9,400.Crypto market daily performance. Source: Coin360Technical analysis shows there is a strong support level at $9,270 and if Bitcoin price drops below it a steep pullback could occur.To…

FTX crypto exchange wins license in Dubai to open local headquarters
Sam Bankman-Fried's FTX crypto exchange will offer crypto derivatives products to institutional investors in Dubai with the new license. 90 Total views 2 Total shares Major global cryptocurrency exchange FTX is expanding operations in the United Arab Emirates by receiving a virtual asset license in Dubai.The license is apparently granted under a new cryptocurrency law…

Funding Rate of Digital Assets: How to Avoid Being Misled
Since the “digital Sleeping Beauty,” Bitcoin (BTC), woke up about two months after its third halving in mid-May 2020, we have read a lot about the “funding rate” of digital assets futures — from good to completely misleading reports. We just wanted to chime in on that trendy topic.What is the funding rate?First, it is…

How Web3 resolves fundamental problems in Web2
Web3 is a decentralized, permissionless and trustless ecosystem that transfers control from a centralized entity to a pool of participants. Web2, on the other hand, is a centralized space dominated by companies like Google, Microsoft and others. Web3 refers to the next generation of the internet that is decentralized, making it fundamentally different from Web2,…

Bitcoin bulls defend $34K as trader predicts next BTC price ‘impulse’
Bitcoin is setting up for another trip past $35,000, analysis argues as BTC price settles into the weekend. 587 Total views 2 Total shares Bitcoin (BTC) sought to pressure $35,000 on Nov. 4 as weekend markets continued to consolidate higher.BTC/USD 1-hour chart. Source: TradingView"Significant" event sets up BTC price upsideData from Cointelegraph Markets Pro and

Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT
Global equity markets extended their decline on May 9 and the S&P 500 fell to a new 52-week low. Bitcoin (BTC) dropped to a new year-to-date low and most major altcoins extended their decline as they tracked the weakness in the stock markets.Data from blockchain analytics firm Glassnode shows that Bitcoin inflows to centralized exchanges…

Australian regulators open to Bitcoin ETF with ‘rules in place’
Securities regulators' down under said that they are open to a Bitcoin ETF, so long as investors are protected by the proper rules. 1978 Total views 14 Total shares The Australian Securities and Investments Commission has clarified its position regarding Bitcoin (BTC)-linked exchange-traded funds. According to a Feb. 12 report by the Australian Financial Review, the…