Hong Kong approves initial Spot Bitcoin and Ethereum ETFs, aiming to re-establish itself as a major financial hub. These ETFs will allow in-kind creation and redemption, enhancing cost-efficiency and liquidity, setting them apart from US counterparts. The launch might not be accessible to mainland China but could influence regional crypto policies and interest. Hong Kong […]
OKX Launches Ethereum Layer-2 Network in Challenge to Coinbase’s Base
A layer-2 Ethereum scaling network built by OKX has launched mainnet, paving the way for new users with the Polygon-based AggLayer.
Lost Treasure Found? Bitcoin Miner Transfers Over $3 Million BTC After 14-Year Dormancy
According to the on-chain analysis platform Lookonchian, a long-dormant Bitcoin (BTC) wallet dating back to April 2010, recently transferred 50 BTC, equivalent to $3.328 million. Unraveling The Transaction: An Exploration of Potential Motives As reported by Lookonchian, 50 BTC mined over 14 years ago, when each block reward was 50 BTC, was divided into two […]
OKX launches Ethereum layer-2 network for lower fees & interoperability
OKX becomes the latest cryptocurrency exchange to launch an Ethereum-based layer 2 network.
BlockDAG Poised to Surpass NEAR Protocol with $10 Target by 2025
Industry Experts Predict BlockDAG, the “Kaspa Killer,” Will Reach $10 by 2025, Surpassing NEAR Protocol Price Industry experts are casting their forecasts, predicting that BlockDAG, dubbed the “Kaspa Killer,” will reach a milestone price of $10 by 2025, potentially surpassing the performance of the NEAR Protocol. Positioned at the forefront of blockchain innovation, BlockDAG has […]
Cryptojacker conned $3.5M from cloud firms to mine crypto, feds allege
Prosecutors claim the “cryptojacking” scheme stole cloud computing resources to mine nearly $1 million worth of crypto.
Bitcoin’s weekend dip shakes out short-term holders
Bitcoin saw a significant dip over the weekend, with BTC dropping from $70,090 on April 11 to $64,400 on April 13. Despite the initial fears of a broader conflict in the Middle East developing and a potential market downturn beginning, Bitcoin’s price managed to stabilize at around $66,000 as of April 15. To understand the nature […]
HSBC to Expand Tokenized Asset Offerings — CEO Says He’s ‘Very Comfortable’ With Tokenization
Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated that he is “very comfortable with the concept of tokenization.” He indicated that the bank will look at ways of tokenizing assets backed by “real” assets. HSBC’s CEO Discusses Tokenization Plans Hong Kong’s leading commercial […]
DXY Breaks Out of Diamond Bottom, Signals Bullish Momentum
DXY Breaks Out, Signals Bullish Momentum NAIROBI (Coinchapter.com) – The U.S. Dollar Index (DXY) is currently trading around 106.19, showcasing a breakout from a potential giant diamond bottom formation. This technical pattern suggests a strong bullish sentiment surrounding the greenback, as the index continues to maintain its upward momentum. First-quarter growth figures for the US […]
Runes Will Help Bitcoin DeFi ‘Close the Gap’ on Ethereum, Solana: Franklin Templeton
The investment firm said Runes has the potential to help the broader Bitcoin ecosystem compete against Ethereum and Solana.