The threat spelled out by Arthur Hayes, the former CEO and co-founder at BitMEX, said a potential downfall of Bitcoin’s recent statement is underlined. Hayes particularly concentrated on the launch of Spot BTC ETFs, highlighting that traditional financial (TradFi) asset managers could be an ugly brute threat against the pioneer cryptocurrency. In his year-end article, […]
Bitcoin has staged a strong recovery over the past few days from a significant retracement and has already broken through several key areas of resistance. With the end of 2023 ahead, the crypto space is cluttered with predictions over Bitcoin’s performance in 2024. Ryan Rasmussen, a research analyst working for Bitwise, has gathered next year’s […]
Hong Kong, a historic financial hub, shifted focus to crypto retail, departing from its traditional money exchange reputation. The city is discussing involving retail investors in a crypto world through spot exchange-traded funds. This act is also in line with the aspirations of Hong Kong seeking to affirm its status as a vibrant crypto center. […]