Hong Kong Bitcoin ETF launch in ‘top 20%’, STRK scam suspect busted: Asia Express
The Hong Kong Bitcoin ETF launch was in the top 20% of launches, and 77% of local crypto holders still plan to invest: Asia Express.
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JPMorgan note to clients endorses 1% allocation to Bitcoin as a hedge
Bitcoin would serve as a hedge against fluctuations in traditional assets. 2589 Total views 21 Total shares Strategists at Wall Street banking giant JPMorgan have suggested that a one percent portfolio allocation to Bitcoin would serve as a hedge against fluctuations in traditional asset classes such as stocks, bonds, and commodities.A small percentage allocation was…
Telegram Refusing to Tell SEC How It Spent $1.7 Billion of ICO Cash
The United States Securities and Exchange Commission (SEC) has filed a court order on Jan. 2 to compel the messaging platform Telegram into releasing details of how the funds raised in its initial coin offering, or ICO, have been spent.The SEC claims that the requested records are highly relevant to its ongoing case against Telegram,…
3 reasons why Bitcoin price abruptly dropped 6% after reaching $15,800
The price of Bitcoin (BTC) rose to as high as $15,840 before crashing to $14,800. Just 5 hours after reaching an intraday top, the dominant cryptocurrency dropped over 6%. Thi massive spike in volatility was likely caused by three major factors.The three catalysts for the abrupt downtrend were the recovery of the dollar, the decline…
Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?
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Blockchain Browser Brave Tests Crypto Tips for Twitter Users
Blockchain browser Brave is testing a new tipping function for social media platform Twitter on its Nightly version, it announced in a tweet on May 23.The post reads that users of Brave Nightly — the testing and development version of blockchain-based browser that blocks ads and website trackers — will have access to the browser’s…
Canadian crypto exchanges reach $1B in assets under management
WonderFi is currently one of the largest digital asset operators in Canada. Bitbuy and Coinsquare, two of the largest crypto exchanges domiciled in Canada, have surpassed $1 billion CAD in assets ($736 million) under management.According to the Dec. 6 announcement by parent company WonderFi, the two entities currently hold $1 billion CAD in clients' cash
Gemini Hires Former Starling Bank Exec for Push Into Europe
Gemini, the top global cryptocurrency exchange per CryptoCompare’s latest Exchange Benchmark, hired a former senior executive from United Kingdom-based Starling Bank.Julian Sawyer, a former CEO and co-founder at Starling, will now lead Gemini Europe — the European affiliate of Gemini Trust Company — as the managing director of the U.K. and Europe, the firm announced…
Shiba Inu price drops to record low vs Dogecoin — Will history repeat with a 150% rally?
Shiba Inu (SHIB) price can rise by nearly 150% versus its top meme-coin rival, Dogecoin (DOGE), in the coming months, based on a technical fractal.SHIB hits record low against DOGEThe bullish setup appears as the SHIB/DOGE pair rebounded slightly after dropping to 0.0000841 — its lowest level ever — on Nov. 1. The price level…