Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
With Bitcoin regaining its position above $65,000 and the cryptocurrency market emerging from a period of geopolitical instability, attention is now turning to the possible effects of soon-to-be-released Bitcoin ETFs in Hong Kong. Significant market interest is predicted in response to this anticipated legal move, especially from Chinese traders who are looking for easier access … Read more
Head of Research David Lawant of FalconX, a premier digital asset brokerage that provides trading, financing, and custody for top financial institutions, recently provided an analysis on X (previously Twitter) about how the dynamics of the market are changing as a result of Bitcoin halvings. This analysis casts doubt on the conventional wisdom that halvings … Read more
Due to the firm’s previous work for rival exchange FTX, the Department of Justice (DOJ) is apparently rethinking its decision to award a significant assignment pertaining to Binance to a well-known New York legal firm. The Financial Crimes Enforcement Network (FinCEN) of the Treasury Department and the Department of Justice (DOJ) required court-ordered supervision for … Read more
The only spot Bitcoin fund in the US to have inflows on the first day of the week is BlackRock’s Bitcoin exchange-traded fund (ETF); other ETFs have reported either withdrawals or zero inflows. Data from Farside Investors indicates that on April 15, net inflows into the iShares Bitcoin Trust (IBIT) totaled $73.4 million, a reduction … Read more
With the crypto market downturn continuing and digital assets continuing to dump, the bull market exuberance seems to have abruptly stopped. The well-known market expert “Cold Blooded Shiller” said on X on April 16 to his 269,000 followers that Bitcoin is “still the cloud that hangs over crypto.” Although Bitcoin has dropped 15% from its peak … Read more
Whales of Ethereum (ETH) have started buying in bulk, with huge wallet holders amassing sizable holdings of the cryptocurrency. This action is a reaction to the recent decrease that most cryptocurrencies had over the weekend, including ETH. Analysts had anticipated that Ethereum was in a strong position to surpass its previous all-time high before to … Read more
DOT, Polkadot’s native token, fell precipitously during the most recent market downturn. Weekly, its price has dropped by 20%, momentarily falling below $6. But during the past few hours, it has begun to rebound, and as of right now, it is trading at about $7, up 7% over the previous day. The X user FLASH … Read more
The Financial Services Commission of South Africa (FSCA) has granted licenses to 59 bitcoin establishments that want to cater to the local populace. Only 199 of the 493 license applications that the FSCA received were complete, according to reports, leaving 262 pending. The FSCA’s regulatory body set a deadline of November 30th for cryptocurrency exchanges … Read more
Starting on April 10, Uniswap Labs implemented a new swap fee of 0.25%. On the same day, Hayden Adams, the creator of the company, said that they had received a Wells Notice from the US Securities and Exchange Commission (SEC). The most recent update from Uniswap Labs states that the cost is applicable to all … Read more
Last week, net withdrawals from US spot bitcoin ETFs occurred, which has only happened twice in the three months since the funds’ inception. According to BitMEX Research statistics, the 11-fund category lost $83 million in assets between April 8 and April 12. This is in contrast to net inflows of $485 million the week before. … Read more