Hong Kong spot Bitcoin and Ether ETFs struggle to gain traction
The exchange-traded funds only managed to attract around $22.5 million inflows during their first week of launch.
Related Posts
Aussie Bitcoin exchange owner accuses banks of discrimination
An Australian Bitcoin exchange operator has taken legal action against two commercial banks in the country, accusing them of discriminatory practices. 2620 Total views 15 Total shares Allan Flynn, a Bitcoin trader in Australia has filed a complaint against two commercial banks in the country — ANZ and Westpac — accusing both of systematic discrimination.…
Immersive cooling tech could help Bitcoin mining go green by 2030
Immersive cooling technology may help with the transition to zero-emission Bitcoin mining Bitcoin Mining Council (BMC) member Hass McCook told Cointelegraph. McCook, known online as Friar Hass, believes the industry is on track to hit the goal by 2030.Immersive cooling involves submerging Bitcoin mining ASICs into a specialized cooling fluid, which absorbs and recycles heat from…
Social media interest in Bitcoin hits all-time high
As Bitcoin's price soars, the cryptocurrency has broken several key Twitter metrics 1053 Total views 10 Total shares Twitter analytics data indicates that as Bitcoin continues to post all-time highs well into the $30,000s, social media interest in the digital currency is likewise setting new records across numerous key metrics. In a tweet Saturday night, the…
Report: Bitmain IPO Document Reportedly Reveals $500 Million Q3 Losses
Bitcoin (BTC) mining giant Bitmain could have made losses of around $500 million in Q3 last year, industry magazine CoinDesk reported on Feb. 19, citing a company document.Bitmain, which is currently attempting to launch an initial public offering (IPO) under the auspices of the Hong Kong Stock Exchange (HKEx), submitted a report into its earnings…
Web2 adoption key to Metaverse success, Klaytn Foundation founder — KBW 2022
“Even though it's hard, adapting Web3 technologies to Web2 platforms could be a way to bring mass adoption,” says Klaytn Foundation director Sam Seo. 172 Total views 22 Total shares Sam Seo, the director of metaverse-focused blockchain Klaytn Foundation believes widespread adoption of the Metaverse will be “easier” if Web2 companies integrate the tech with…
Blockchain Startup Bitfury Launches Artificial Intelligence Unit
Blockchain startup BitFury launched an artificial intelligence (AI) unit, Reuters reports on Aug. 13.“Data is the new oil”Bitfury chief executive officer and co-founder Valery Vavilov reportedly said that the company’s dive into AI is motivated by the need to analyze and extract information from great quantities of data. He reportedly noted that data is becoming…
Country-wide Bitcoin adoption a mixed bag for national economies
Country-wide Bitcoin adoption could boost financial inclusion and trade, but challenges like volatility and regulatory hurdles might create mixed economic impacts.
Price analysis 11/2: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, BSV, ADA
China’s central bank governor Yi Gang has said that the nation’s digital yuan pilot projects have processed transactions worth over $299 million without any major problems. This suggests that China is much ahead of its competitors in developing and studying the central bank digital currency (CBDC).However, the European Central Bank does not want to be…