Bitcoin Price Prediction as Trillion Dollar Investment Firm Fidelity Says BTC is About to Soar – $100,000 Incoming?
Bitcoin Price Prediction Bitcoin (BTC/USD) currently displays a potential bullish outlook, trading at $62,901, reflecting an increase of around 1%. This observation aligns with Fidelity Investments’ analysis that similar patterns of calm have historically preceded major price increases. With current stability akin
HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability
The Hong Kong Monetary Authority (HKMA) on Tuesday formed a working committee in order to set industry standards for wholesale CBDC interoperability. The group also aims to facilitate tokenized asset transactions and interbank settlement using wCBDC. “It will make recommendations on
Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong
Three Asian-based ventures have joined forces to launch Hong Kong’s first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published Wednesday. LD Capital and Antalpha Ventures, along with quant trading firm Highblock, have teamed
Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors
LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services with immediate effect. In a Tuesday announcement, the exchange informed its users that new signups and advertisement postings for Monero trades would be disabled immediately. Furthermore, starting from May 14, the
Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs
Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs). In an announcement shared with CryptoNews, London-based Wintermute said it is providing liquidity to two Hong Kong licensed digital asset
FTX Creditors Set for Cash Windfall Beyond 100% of Claims
A new reorganization plan filed Tuesday night proposes that nearly all FTX account holders will be repaid in full for their claims. They may even receive additional cash on top of that amount. This unexpected windfall is possible because FTX said
Grayscale Withdraws Ether Futures ETF Application Before SEC Decision
The world’s largest cryptocurrency asset manager Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US Securities and Exchange Commission (SEC) was set to rule on several spot ETH ETFs. The notice of
South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial
Four suspected South Korean OTC crypto “thieves” have pleaded guilty to stealing around $735,000 from a crypto buyer in a “bogus” USDT deal. Five men appeared at the Incheon District Court on May 7, all accused of crypto-related theft and fraud,
Solana Price Prediction as Traders Predict 40% Surge Coming Soon – Here’s What You Need to Know
The Solana (SOL) price is pulling lower on Tuesday, dipping back to $150 having pushed nearly as high as $160 earlier in the day, though traders continue to predict big near-term upside for the token. Solana succumbed to sell pressure on
Worldcoin Hopes to Resolve ‘Differences’ with Argentinian Authorities
Worldcoin officials want to smooth out their “differences” with Argentina regulators, with Tools for Humanity CEO Alex Blania visiting President Javier Milei’s advisors this week. Per a report from Infobae (via La Nueva Radio Suarez), Blania has recently met with several