Based on a current Reuters article, Hong Kong could be the first Asian city to introduce Bitcoin spot Exchange-Traded Funds (ETFs) soon. Remarkably, potential approvals for these ETFs might be unveiled as soon as next week, which is notably earlier than anticipated industry timelines for such introductions in 2023. Hong Kong’s Bid For Revival According … Read more
According to a recent filing with regulators, Wedmont Private Capital, a private wealth management firm, purchased 3,471 shares of Fidelity Wise Origin Bitcoin Fund for approximately $209,336 in value. At Wedmount, we charge a fixed fee of $10,000, which distinguishes us from other companies that bill based on the value of assets. The company’s website … Read more
The price of Cardano has been decreasing for over a month, coinciding with Bitcoin‘s price stabilization around $68,000. After reaching a high of $0.8, the ADA price dropped to a support level of $0.57, representing a 28.5% decrease. This correction has taken the shape of a head and shoulders chart, suggesting that the Cardano coin … Read more
The SEC, the United States securities regulatory body, has taken noticeable steps to oversee the cryptocurrency sector with Uniswap Labs, the creators of Uniswap Decentralized Exchange (DEX), being the latest recipient of a Wells Notice from the agency. An SEC Wells Notice signifies that the US Securities and Exchange Commission’s investigative team has concluded their … Read more
The thriving decentralized exchange, or DEX, market, worth $27.5 billion, is teeming with potential cryptocurrencies. Among these, nine notable DEX tokens – Uniswap (UNI), THORChain (RUNE), Jupiter (JUP), dYdX (DYDX), Synthetix (SNX), PancakeSwap (CAKE), Curve DAO (CRV), Loopring (LRC), and Injective (INJ) – are generating significant interest due to their impressive growth prospects. In the … Read more
The rivalry among companies in the Artificial Intelligence (AI) sphere, including OpenAI, Mistral, and Google, is heating up as they explore innovative ways to apply AI technology. Updated AI Models From OpenAI Entering The Market Within a day’s time, OpenAI led by Sam Altman, Google, and the French AI company Mistral each unveiled new upgrades … Read more
Based on a recent Fortune report, the SEC has notified Uniswap, a prominent decentralized exchange in the US, that it intends to take regulatory action soon. Hayden Adams, the CEO of Uniswap, has acknowledged the news circulating on X social media platform. He expressed his frustration and disappointment, but remains determined to take action. He … Read more
The unexpectedly high Consumer Price Index (CPI) report caused Bitcoin (BTC) price to slip, letting go of its hold around the $70,000 mark. The cryptocurrency’s value reached a 24-hour low of $67,503.57, down from its peak of $69,568.55 that day. The Epic Bitcoin Price Rejection Starting this month, Bitcoin’s price has been quite volatile. It … Read more
Recently, Toncoin (TON) on Telegram’s blockchain surpassed Cardano (ADA) to rank as the ninth largest crypto token based on market capitalization. The remarkable surge and continuous upward trend of TON have sparked speculation that it may soon overtake Dogecoin (DOGE), currently holding the eighth position. Toncoin Hits New All-Time High (ATH) Toncoin reached an unprecedented … Read more
Bitcoin mining equipment manufacturer Auradine announced that they have secured $80 million in their Series B funding, with the funds to be used for expanding capacity in anticipation of increasing demand. The financing round drew participation from investors such as MVP Ventures, Maverick Capital, StepStone Group, and Marathon Digital, among others. At Auradine, we supply … Read more