#bitcoin
Paraguay’s Senate Proposes Bitcoin Ban While Chamber Seeks Regulation and Legalization
Paraguay, a nation endowed with mighty hydropower sources and ample clean energy, ventures into crypto’s realm. Its Congress now weighs three momentous bills. These bold proposals, from both Senate and Chamber quarters, aim to establish a regulatory framework for digital currencies and Bitcoin mining’s evolving landscape. NEW: 🇵🇾 Paraguayan Depty presented a bill to legalise and […]
Hong Kong’s Bitcoin & Ethereum ETFs Begin Trading April 30
Bitcoin and Ethereum exchange-traded funds (ETFs) are on the horizon in Hong Kong, set to debut by the end of April, as Hong Kong intensifies its focus on cryptocurrencies. In an interview with Bloomberg, a spokesperson for HashKey, an Asian crypto group, said that the firm’s Bosera-HashKey Capital spot products are set to begin trading […]
PayPal Proposes Incentive Program for Bitcoin Miners Using Low-Carbon Energy Sources
International payments giant PayPal plans to reward Bitcoin (BTC) mining companies that make their operations more eco-friendly. According to an April 22 blog post, in collaboration with Energy Web and DMG Blockchain Solutions, PayPal’s Blockchain Research Group has proposed using “cryptoeconomic incentives” to encourage BTC miners to use low-carbon energy sources. PayPal believes these experimental […]
Crypto-Inspired Communication Devices Could Disrupt Government Surveillance, Says Telegram Founder
In a world increasingly wary of government surveillance, Pavel Durov, the founder of Telegram, envisions the frontier of privacy through the development of crypto-inspired hardware for secure communication. During an interview with Tucker Carlson on April 17, Durov remembered how governments keep hiding the movement or sharing data secretly from private individuals: “The world is […]
Hong Kong SFC Approves Spot Bitcoin & Ethereum ETFs : Report
In a significant development for Hong Kong’s crypto market, the Securities and Futures Commission (SFC) has given the green light to several spot Bitcoin and Ethereum exchange-traded funds (ETFs). This decision marks a milestone in the region’s crypto landscape, paving the way for greater accessibility and legitimacy in digital asset investments. On Monday during the […]
Bitcoin ETFs in Hong Kong could surge demand to $25 Billion
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 […]
Bitcoin’s Mean Dollar Invested Age Stagnates As 370K New Wallets Join Network
In the world of cryptocurrency, particularly Bitcoin, investors and traders are anxiously waiting for signs of another great bull run like those seen before. The Mean Dollar Invested Age is often closely analyzed by analysts who are looking for a key indicator that traces the average time an asset has existed in a particular wallet, […]
SEC Postpones Bitwise and Grayscale Bitcoin ETF Decision
In a recent development, The United States securities regulator has delayed its decision on whether to allow the New York Stock Exchange (NYSC) to offer options trading on spot Bitcoin (BTC) ETFs. This move will directly impact the trading strategies involving the Bitwise Bitcoin ETF and the Grayscale Bitcoin Trust. It will also affect any […]
ARK Bitcoin ETF Daily Outflows Surpass Grayscale’s GBTC for the First Time
Cathie Wood’s ARK 21Shares Bitcoin ETF (ARKB) saw net outflows of $87.5 million on April 2, the highest since its debut, according to preliminary data from Farside Investors. This outflow is equivalent to approximately 1,300 BTC. The amount surpasses outflows seen from Grayscale’s Bitcoin Trust (GBTC), which recorded $81.9 million on the same day. This […]