Bitcoin and Ethereum ETFs are now accessible to Hong Kong customers via the Hong Kong Exchange (HKEX). Hongkong and Shanghai Banking Corporation (HSBC) has reportedly added three new exchange-traded products to its listing, including CSOP Bitcoin Futures ETF, Samsung Bitcoin Futures Active ETF, and Ether Futures ETF. These offerings are officially available on the Hong […]
Uniswap Bullish But Struggles With Resistance, Potential For More Gains?
Despite the losses incurred earlier this month, the price of Uniswap (UNI) has managed to recover. However, it has struggled to break through a significant resistance level, causing it to remain stagnant. Despite this, the technical analysis of UNI shows bullish signals, with notable buying strength and a significant increase in both demand and accumulation. […]
SOL unable to clear $17 hurdle – what’s next?
SOL could stay below $17 for a while unless BTC inflicts a second leg of its rally above $31k. Here are potential opportunity areas to consider.
Nevada asks for Prime Trust to be put in receivership, reports $82M deficit
Regulators in Nevada filed a court petition to place Prime Trust LLC in receivership, according to an official press release on June 27. The Nevada Financial Institutions Division (NFID) said that it had asked courts to appoint a receiver to take control of Prime Trust’s daily operations. After examining the company, the receiver could return […]
Nevada regulator petitions for receivership of Prime Trust
The Nevada Financial Institutions Division has recently lodged a petition for receivership for Prime Trust citing operational instability and insolvency.
Nevada financial regulator petitions court to place Prime Trust into receivership
The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto.
Circle targets Asian market in business expansion
Circle is set to focus its expansion efforts on the Asian market, particularly monitoring regulatory developments in Hong Kong.
Bank of England Says ‘Britcoin’ CBDC Might Not Be on a Blockchain
The English Central Bank is looking at a plethora of options for a CBDC it has yet to determine is viable.
XRP outperforms top 10 coins in stagnant market, and DigiToads follows suit
In the midst of a stagnant cryptocurrency market, there are always a few gems that manage to shine through and captivate the attention of investors. XRP has been a standout performer, showcasing its resilience and potential for growth. However, another contender is quickly gaining traction and proving itself as a promising investment opportunity. DigiToads (TOADS), […]
Fidelity may soon file for a spot bitcoin ETF
The Block says Fidelity is next in line to file for a spot bitcoin ETF. Oanda analyst Edward Moya shares his view on the Fidelity news. BlackRock also filed for such an exchange-traded fund last week. Fidelity is in focus on Tuesday following a report that the asset manager was next in line to file […]