Tag: bitcoin

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BounceBit has revealed its plan to democratize high-yield Bitcoin investing opportunities by integrating centralized and decentralized finance. BounceBit, a new Bitcoin restaking startup supported by Binance, has outlined its 2024 roadmap, detailing key initiatives for this year. In a Medium blog post on May 20, BounceBit announced its goal to merge the structure and liquidity […]

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The decision aligns with Japan’s yen facing pressures due to the country’s fiscal challenges. Metaplanet integrates bitcoin into its reserve assets to mitigate risks associated with Japanโ€™s increasing debt levels and yen instability. With Japan’s debt-to-GDP ratio surpassing 250%, it leads among developed nations in debt burden, according to IMF data. Tokyo-based investment firm Metaplanet […]

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Hong Kong is poised to introduce its highly anticipated spot Bitcoin and Ethereum exchange-traded funds (ETFs) by the end of April. According to Bloomberg, the Bosera-HashKey Capital spot ETFs are scheduled to commence trading on April 30. The Hong Kong Securities and Futures Commission (SFC) has recently authorized several fund managers to offer these ETFs, […]

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Bitcoin remains the preferred choice in investors’ portfolios (91%), with Ethereum trailing closely behind (78%), indicating strong asset preferences. A recent study by KPMG indicates a resurgence in investor sentiment following a turbulent year in the cryptocurrency market. The research, encompassing approximately 2,400 private crypto investors across Germany, Austria, and Switzerland, provides insights into evolving […]

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Grayscale’s Bitcoin Trust (GBTC) has been in the spotlight recently as it has moved over 19,000 bitcoin (BTC) from its publicly known wallet on a Wednesday morning. This movement of digital assets comes in the wake of the launch of spot bitcoin exchange-traded funds (ETFs) on January 11. Since that date, Grayscale has shifted nearly […]

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In a remarkable development in the financial markets, Bitcoin has recently overtaken silver, becoming the second-largest Exchange-Traded Fund (ETF) commodity in the United States in terms of assets under management (AUM). This shift highlights the rapidly growing interest and investment in digital assets, particularly in Bitcoin. Just a week into trading, Bitcoin ETFs have surged […]

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Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated the central bank’s unwavering stance against cryptocurrencies, even as the US Securities and Exchange Commission approved changes allowing the creation of a bitcoin exchange-traded fund (ETF) in the United States. Das emphasized that the RBI would not follow the path of other countries when it comes […]