Hong Kong Ether ETFs See Record Daily Inflow Since Launch
Hong Kong Ether ETFs witness record inflow, possibly expecting US SEC approval. Trade volume boosts institutional interest. The spot ether exchange-traded funds (ETFs) introduced by Chinese fund manager ChinaAMC considerably increased daily inflows, totalling over HK$5 million (US$640,780) as of midday Wednesday. This follows the highest inflow of HK$3.77 million since the ETF’s inception on […]
Tron Founder Justin Sun Owns 665K ETH, Sparking Debate
Tron founder Justin Sun’s $2.5 billion Ethereum holdings have raised concerns regarding his strategy and ETH price impact. Tron founder Justin Sun owns $2.5 billion in Ethereum, indicating his rising confidence in the second-largest cryptocurrency by market capitalization. In the crypto community, his recent purchasing spree and the current Ethereum price rally have sparked extensive […]
Ethereum ETF Buzz Signal Biden’s Crypto Policy Change
Biden’s crypto policy is under scrutiny as the SEC unexpectedly moved to support changes for a spot Ethereum ETF. Analysts evaluate market implications amid political manoeuvring. The cryptocurrency market has been profoundly affected by the recent directive from the U.S. Securities and Exchange Commission (SEC), which urged the issuer to amend their 19b-4 filings for […]
Binance Plans To Remove BTC, ETH, & USDT Pair
Binance, the top cryptocurrency exchange, has announced the removal of a specific pair for Bitcoin (BTC), Ethereum (ETH), & USDT, urging users to act before the deadline. With its recent declaration that it will no longer support a particular pair of Bitcoin, Ethereum, and USDT on its platform, the leading cryptocurrency exchange, Binance, has sparked […]
Crypto Market Indicating Signs of Recovery
The crypto market is showing signs of recovery, with Bitcoin and Ethereum prices rebounding, but data says it is still too early to buy as whale accumulation has yet to begin. The global market capitalization of cryptocurrencies indicates that the industry is beginning to recover from a low of $2.21 trillion during the crypto collapse to […]