Bitcoin price steady around $70,355, marking a 0.45% increase, showcases its resilience and potential for growth. As enthusiasts and investors keenly observe, the integration of new financial products like Hashdex’s Spot Bitcoin ETF hints at an expanding horizon for Bitcoin investments. This development, alongside the anticipatory buzz of the Bitcoin halving event, underlines the digital...
The Taiwan stock market on Wednesday halted the two-day losing streak in which it had slumped more than 100 points or 0.5 percent. The Taiwan Stock Exchange now sits just above the 20,200-point plateau and it may add to its winnings on Thursday. The global forecast for the Asian markets is upbeat on continued optimism...
US spot Bitcoin exchange-traded funds (ETFs) have experienced a resurgence of fresh capital, reversing a streak of consecutive net outflows over the past week. According to data from Farside Investors, the ten approved spot Bitcoin ETFs saw a combined net inflow of $418 million on March 26, with BlackRock’s and Fidelity’s funds leading the way. Fidelity’s...
The China stock market turned lower again on Wednesday, one day after snapping the three-day losing streak in which it had dropped more than 50 points or 1.7 percent. The Shanghai Composite Index now rests just above the 2,990-point plateau although it figures to rebound again on Thursday. The global forecast for the Asian markets...
London Stock Exchange (LSE) is set to lunch Bitcoin (BTC) and Ether (ETH) exchange-traded notes (ETNs) from May 28. The announcement follows FCA’s approval on March 11, to allow LSE list crypto offerings for pro investors. Announced Monday, LSE signalled that it would start accepting applications for physically-backed crypto ETNs from April 8. Further, the...
The Hong Kong stock market headed south again on Wednesday, one day after snapping the two-day losing streak in which it had stumbled almost 400 points or 2.5 percent. The Hang Seng Index now sits just beneath the 16,400-point plateau although it\'s expected to open in the green on Thursday. The global forecast for the...
Spot Bitcoin exchange-traded funds (ETFs) experienced net inflows yesterday, breaking a streak of five consecutive days of outflows. According to data from SoSo Value, spot Bitcoin ETFs saw a net inflow of $15.7 million on Monday. This reversal follows a series of single-day outflows last week. The largest outflows occurred on March 19 and March 20, with $326...
Robert Kiyosaki, best known for his book “Rich Dad, Poor Dad” has voiced his support for Bitcoin once again. On March 26, he described Bitcoin as “the perfect asset at the right time” but noted that it could also be a scam or a Ponzi scheme. The New York Times best-selling author, who has maintained...
The British pound weakened against most major currencies in the European session on Thursday. The pound fell to a 6-day low of 1.2586 against the U.S. dollar and a 3-day low of 190.57 against the yen, from early highs of 1.2637 and 191.26, respectively. Against the Swissf franc, the pound slid to 1.1399 from an...
Hong Kong is getting ready to follow the United States’ lead in approving Bitcoin spot ETFs for public trading, analysts at Bloomberg Intelligence suggest. The region’s regulators may go a step further than their Western counterparts, however, by permitting those funds to use an “in-kind” redemption model. What Are ‘In Kind’ Bitcoin ETFs? The redemption...