Hong Kong lawmaker Wu Jie has urged the government to consider including Bitcoin in its fiscal reserves as a way to adapt to the evolving global economy. He suggests that by investing a small percentage of reserves into cryptocurrencies, particularly Bitcoin, the government could potentially protect against inflation and reduce reliance on traditional assets like ...
Today marks an exciting day for the cryptocurrency Market, with a whopping $18 billion in Bitcoin and Ethereum options set to expire. This event is likely to lead to significant price movements and increased volatility. Currently, Bitcoin’s price is around $97,000, having lost most of its earlier gains this week, missing out on the expected ...
Bitcoin has made headlines recently, breaking the $100,000 mark and peaking at over $108,000. Analysts are divided on its future; some believe it will continue to grow, especially following its halving in April 2024, which historically boosts its value. Others warn of potential crashes, particularly if economic conditions worsen or major Bitcoin holders sell off ...
Vivek Ramaswamy’s Strive Asset Management is making a significant move in the evolving investment landscape by filing for the Strive Bitcoin Bond ETF with the SEC. This innovative fund aims to invest at least 80% in Bitcoin, while also offering exposure to convertible securities from MicroStrategy, a leader in Bitcoin adoption. Strive’s approach allows investors ...
KULR Technology Group has made a major move into cryptocurrency by purchasing 217.18 Bitcoin for about $21 million, averaging $96,556.53 per Bitcoin. This investment is part of their new Bitcoin Treasury strategy, which aims to allocate up to 90% of their extra cash into Bitcoin. They will use the Coinbase Prime platform for secure storage ...
In 2024, the rise of memecoins has taken the cryptocurrency world by storm, capturing a significant 31% of investor attention, up from just 8.32% in the previous year. Memecoins are digital currencies inspired by internet memes and jokes, often driven by community engagement rather than practical utility. Popular examples include Dogecoin and newer entrants like ...
Acme Worawat, the founder of ACET digital currency, is proposing to make Thailand a leader in blockchain technology by integrating Bitcoin into the country’s economy. His plan includes using Bitcoin as part of Thailand’s reserve fund and calls for updates to existing digital asset laws to support this initiative. Worawat aims to attract significant foreign ...
SOLOWIN Holdings, trading on NASDAQ as SWIN, has partnered with a group of financial institutions, including HSBC and Hang Seng Bank, to participate in the Hong Kong Monetary Authority’s Project Ensemble Sandbox. Launched in August 2024, this project aims to explore the use of tokenized currencies and assets, focusing on fixed income and investment funds. ...
Kyros Ventures has teamed up with BingX to release the Vietnam Crypto Market Report 2024, marking its fifth year. This detailed report examines the rapidly changing cryptocurrency scene in Vietnam, revealing insights into investor behavior and Market trends. With global cryptocurrency excitement on the rise, Vietnam is firmly establishing itself as a key player, with ...
Cathie Wood, a well-known growth investor, has high hopes for Bitcoin, predicting it could reach between $1 million and $1.5 million by 2030. In a recent Bloomberg interview, she highlighted that institutional investors are starting to take Bitcoin seriously, thanks to new financial tools like spot Bitcoin ETFs. With over 94% of Bitcoin already mined, ...
