Hong Kong Bitcoin and Ether ETFs have tough debut on first-day trading

After months of monitoring and observing the “promising and challenging” potential of distributed ledger technology (DLT), the European Union (EU) is finally making a turn into the blockchain industry.How it all startedBack in February 2018, the European Commission (EC) launched the EU Blockchain Observatory and Forum, aimed to support European cross-border engagement with the technology…

Don’t write off Bitcoin, says Nexo co-founder Antoni Trenhcev. Every time you do, it significantly outperforms. 830 Total views 20 Total shares Another promising price prediction has appeared for Bitcoin bulls in 2022. Antoni Trenchev, co-founder and managing partner of Nexo, said that Bitcoin (BTC) could hit the $100,000 milestone as soon as the summer in…

The largest Bitcoin mining pools are signaling for Taproot but the activation may not reach the 90% critical consensus mark during this current difficulty epoch. 6983 Total views 17 Total shares Disclaimer: This article has been updated to reflect that BTC.Top has begun signaling for Taproot activation.The top-10 Bitcoin (BTC) mining pools by hash rate…

Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week.

The price of Bitcoin (BTC) has started to rally once again on Dec. 13, rising above $19,200 after dropping to sub-$17,600 on Friday. The significant increase in buyer demand in that area indicates that BTC may have just seen a short-term bottom.When Bitcoin initially dropped to around $17,700, on-chain analysts, including Edward Morra and Nik…

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With appetites for BTC allocations firmly present, calculations suggest that even small buy-ins would have a dramatic effect on price action. 1612 Total views 15 Total shares Bitcoin (BTC) could fetch at least a $535,000 price tag if corporate buyers convert 10% of their cash reserves to the largest cryptocurrency.In one of the various conclusions…

Dubai-based real estate giant Emaar Properties has released its new blockchain token-based referral and loyalty platform.Real monetary valueEmaar, which developed the world’s tallest building, the Burj Khalifa, as well as the Dubai Mall, is planning to launch the EMR token for rewarding its customers, local publication Arabian Business reports Oct. 17.Based on JPMorgan’s blockchain platform…

Speaking at Elev8CON in Las Vegas on Dec. 10, Majority Leader of the California State Assembly Ian Calderon discussed plans to bring greater legal certainty for blockchain technology to the State of California. California is the most populous of the United States, with about 40 million residents. Were it to be an independent country, it would…