The post Animoca in preliminary talks to launch IPO in crypto-friendly region at $6 billion valuation appeared on BitcoinEthereumNews.com. Animoca Brands is looking to go public next year in a crypto-friendly jurisdiction, the Information reported on June 26, citing the firm’s co-founder Yat Siu. According to the report, the Hong Kong-based company, valued at $5.9 […]

The post US Spot Bitcoin ETFs Break Outflow Trend With $30M in Inflows  appeared on BitcoinEthereumNews.com. On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) reversed their continuous outflow trend, attracting $31.01 million in net inflows. Leading the charge, Fidelity’s FBTC garnered $49 million, while Grayscale’s Bitcoin Trust (GBTC) experienced approximately $30 million in outflows. U.S. […]

The post Asset managers say ignoring AI revolution is not an option appeared on BitcoinEthereumNews.com. Investors and asset managers are still positive about artificial intelligence technology’s potential to transform businesses and drive growth. There are some concerns about geopolitical situations, especially around China and Taiwan. The recent selloff in chip giant Nvidia’s stocks has caused […]

The post Crypto industry awaits Indian Budget 2024 with renewed hope for tax relief appeared on BitcoinEthereumNews.com. India is gearing up for Union Budget 2024-25 and crypto industry players are hoping for major reforms. Also Read: India’s Securities Regulator and RBI Clash Over Crypto Regulations CoinSwitch co-founder Ashish Singhal told Cryptopolitan that the country needs […]

The post UK Young Adults See Crypto As Vital Electoral Issue appeared on BitcoinEthereumNews.com. Ahead of the upcoming General Election, a survey has revealed that more than 33% of young adults in the UK consider crypto to be a vital electoral issue. Zumo conducted the research in collaboration with Focaldata. It found that 34% of […]

The post Bearish June Ends Soon; Here’s How Much Profit You Can Make in Bullish July appeared on BitcoinEthereumNews.com. The XRP price took a nosedive, leaving a trail of red across the charts. Is this the end of the XRP dream or just a temporary setback? July might be a game-changer for XRP. Is this […]

The post The Cosmic Kittens Presale Attracts DOGE Investors With A 50x Surge Promise appeared on BitcoinEthereumNews.com. Dogecoin (DOGE), the meme-based cryptocurrency, has captured the hearts and portfolios of many investors. While analysts offer various price predictions for DOGE, this article also dives into the Cosmic Kittens (CKIT). It is a new cryptocurrency project that’s […]

The post Animoca Brands Listing in Hong Kong Before 2025 Is Being Promoted appeared on BitcoinEthereumNews.com. Key Points: Animoca Brands is considering an IPO in Hong Kong or the Middle East as early as next year, with ongoing discussions with investment banks. Valued at $5.9 billion in 2022, the company is exploring a return to […]

The post BitMEX Updates Mark Method for ZROUSDTZ24 to Fair Price appeared on BitcoinEthereumNews.com. BitMEX has officially updated the Mark Method for its ZROUSDTZ24 trading pair to Fair Price marking, according to the BitMEX Blog. This change took effect on June 25, 2024, at 08:00 UTC. New Index for ZRO Pricing The modification was made […]

Analysts at global asset management firm, Bernstein have expressed bearish sentiment for Spot Ethereum ETFs prospects. According to Bernstein analysts, Gautam Chhugani and Mahika Sapra, Spot Ethereum ETFs may see less demand than Spot Bitcoin ETFs due to a lack of staking features. Analysts Predict Sluggish Demand For Spot Ethereum ETFs In a new research […]