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With the imminent launch of Hong Kong's Bitcoin ETF, a surprising development has emerged – some of the major traditional asset managers in Mainland China are stepping into the fray. Interest in Hong Kong's New Bitcoin ETF The creation of Hong Kong's new ETF has garnered significant attention in the digital asset space globally. Unlike […]

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Introduction Bitcoin, the leading cryptocurrency, is currently trading between $42,750 and $42,964, with an intraday range of $41,820 to $43,192. Despite price fluctuations, Bitcoin's market capitalization remains strong at $841 billion, accompanied by a 24-hour trade volume of $25.32 billion. Oscillators indicate a neutral stance, while moving averages suggest a cautiously optimistic sentiment in a

A New Venture for the Avalanche Foundation The Avalanche Foundation, known for its support of avalanche initiatives, has recently made an exciting announcement. It will now be venturing into the world of meme coins. This strategic move comes as part of the foundation's plan to explore a broader range of investment opportunities. The decision to

The U.S. Securities and Exchange Commission (SEC) is expected to make a decision on the approval of spot bitcoin exchange-traded funds (ETFs) this week, potentially on Tuesday or Wednesday, according to a recent report. This news has created a wave of anticipation among market participants as major asset management firms rush to secure regulatory approval

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Bitcoin's Role in Diversifying Investment Portfolios Stelian Balta, the billionaire and co-founder of the digital asset management firm Hyperchain Capital, believes that despite its volatility, bitcoin can play a crucial role in diversifying and aligning investment portfolios with digital trends. Balta asserts that the high-return possibilities of the top crypto asset make it an intriguing

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Tether and First Digital USD Experience Supply Increases The stablecoin market, measured by market capitalization, ended 2023 with a total value of approximately $131.69 billion. However, only two of the top ten stablecoins saw an increase in supply over the last 30 days. Tether (USDT), the leading U.S. dollar-pegged cryptocurrency, observed a 2.5% uptick in

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