HSBC, the largest bank in Hong Kong, has become the first local financial institution to allow customers to buy and sell Bitcoin and Ethereum ETFs. This move will expand local users’ exposure to…
Cryptocurrency exchange Binance has reversed its decision to delist certain privacy coins in select European countries. Instead, it will reclassify the coins. The decision came after consultations with the community and various projects.…
The Swiss National Bank (SNB) has announced plans to test a wholesale central bank digital currency (CBDC) on the SIX digital exchange. The chairman of the SNB stated that this pilot project is…
Concordex, the first dedicated decentralized exchange (DEX) built on the Concordium blockchain, has officially launched on the mainnet. The platform aims to bring institutional-grade decentralized finance (DeFi) trading tools to the Concordium ecosystem…
ProShares Bitcoin Strategy ETF (BITO) has experienced its largest weekly inflow in a year, surpassing $1 billion in Bitcoin futures. This information was highlighted by Bloomberg Senior ETF Analyst Eric Balchunas on Twitter.…
The Monetary Authority of Singapore (MAS) has released a comprehensive report exploring the integration of asset tokenization and decentralized finance (DeFi) in global financial systems. The report, named ‘Project Guardian: Enabling Open &…
The market’s attention has turned to XRP as numerous altcoins see significant upticks. Currently hovering below the $0.5 mark, there is anticipation for a price surge. XRP, the sixth-largest cryptocurrency, has seen an…
Bitcoin’s “exchange inflow mean” has seen a recent spike in on-chain data, indicating a potential bearish trend for the cryptocurrency. This metric measures the average amount of Bitcoin being deposited into centralized exchange…
In a recent development, Bored Apes NFTs worth $1.2 million were dumped in a single transaction, causing distress among the ape owners. The news has sent shockwaves through the NFT community, leaving many…