Hong Kong Bitcoin and Ether ETFs have tough debut on first-day trading
Bitcoin and Ethereum spot ETFs began trading in Hong Kong, but day-one trading volumes were a fraction of those recorded in the United States in January 2024.
Related Posts
Coinbase earnings show the company is now much more than just an exchange
Coinbase, a leading U.S. cryptocurrency exchange, shared its 2Q results on August 3. Despite showing a net loss, some positives emerged, like a 13% cut in operating expenses from the last quarter and a 3% boost in its cash reserves to $5.5 billion. Coinbase key financial metrics, USD million. Source: CoinbaseHowever, the exchange took a hit…
Coinbase Takes on Cryptocurrency Gift Cards With Limited Rollout
Major U.S. cryptocurrency wallet and exchange Coinbase has entered the crypto gift card market, allowing customers in certain countries to exchange coins for brand e-certificates, according to their July 25 blog post. In the post, Coinbase confirmed the new option was made possible through a partnership with UK-based startup WeGift, and will effectively allow cryptocurrency…
Caitlin Long’s Custodia Bank launches Bitcoin custody platform
Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year. 864 Total views 18 Total shares Custodia Bank, a cryptocurrency-friendly bank founded by Bitcoin advocate Caitlin Long, has launched its BT custody platform.The firm took to X (formerly Twitter) on Nov. 7 to announce the launch of
Friday Shows Bloodbath for Crypto Markets, Bitcoin Price At $7,300
Friday, Nov. 22 — Cryptocurrency prices are bleeding heavily, with some of the top-20 coins showing losses of close to 10% on the day.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) started the day just above the $7,600 price mark, when it suddenly started on another sell-off towards the $7,000 price level. The coin bounced off…
May 8 ‘day to watch’ for Dogecoin amid warning DOGE can suffer XRP style crash
Elon Musk's upcoming TV appearance could ultimately spell a Dogecoin Doomsday, one analyst says as price action mimics XRP in 2018. 2477 Total views 22 Total shares Dogecoin (DOGE) is surging and Bitcoin (BTC) is limping, but one analyst predicts that this week will burst the DOGE bubble.In a series of tweets on May 4,…
Tim Cook says he bought crypto, but rejects Apple adding it to its portfolio… for now
Apple is currently the second largest company by market cap behind Microsoft, with Cook personally worth more than $1 billion. 1953 Total views 16 Total shares Apple chief executive officer Tim Cook said he owns some crypto as "part of a diversified portfolio," but is not planning for the tech company to follow Tesla’s example…
Crypto Users Can Now Buy Fractional Shares in Google, Tesla & More
A new service from Uphold allows crypto holders in Latin America to invest in Amazon, Google, or Tesla for as little as 10,000 Satoshis. 2492 Total views 24 Total shares On June 25, Uphold announced that they will allow users in Latin America to use cryptocurrency to acquire fractional ownership of the world’s leading companies.Uphold…
3 metrics contrarian crypto investors use to know when to buy Bitcoin
Buying low and selling high is easier said than done, especially when emotion and volatile markets are thrown into the mix. Historically speaking, the best deals are to be found when there is “blood on the streets,” but the danger of catching a falling knife usually keeps most investors planted on the sidelines.The month of…