In a significant development for the cryptocurrency market, Hong Kong is on the verge of approving a spot Bitcoin exchange-traded fund (ETF), marking a milestone in the convergence of traditional finance and digital assets. Hong Kong’s Matrixport, a provider of cryptocurrency services in Singapore, indicated that Hong Kong authorities’ prospective approval of Bitcoin Spot ETF […]
Prominent crypto critic and economist Peter Schiff has cautioned against the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, suggesting it could lead to a catastrophic impact on the price of BTC. In a tweet on X (formerly Twitter), Schiff said the promise of a US-listed spot Bitcoin ETF has […]
Roger Ver, known as “Bitcoin Jesus” and a crypto angel investor, is embroiled in a legal tussle with Matrixport, a crypto finance company. He accuses Smart Vega, a branch of Matrixport, of putting a freeze on his $8 million funds. Furthermore, the lawsuit points to Jihan Wu, a co-founder of Matrixport, as the instigator. “Bitcoin […]