Despite the bullying that gamers inflict on traditional gaming companies dipping their toes into nonfungible tokens (NFTs), executives working within the NFT gaming industry are hopeful that more traditional gaming firms will jump into the space this year. From mainstream gaming companies jumping in, to the relevance of NFT gaming models like play-to-earn (P2E) and …
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Bitcoin (BTC) hodlers are returning to profit as new data hints the BTC price has put in the “foundation” of a macro bottom. The latest figures from on-chain analytics firm Glassnode shows a large swathe of the BTC supply heading “into the black” as BTC/USD passed $18,000. Bitcoin establishes “massive” accumulation zone After gaining nearly …
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In Hong Kong, the bell rings for Bitcoin (BTC). Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung’s investment arm Samsung Asset Management, is set to list the “Samsung Bitcoin Futures Active ETF” on the Hong Kong stock market on Jan. 13. The move comes amid a surge in interest from both the government …
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SBF sees potential for FTX to recover and return funds to customers 2 min read Updated: January 12, 2023 at 11:29 am Cover art/illustration via CryptoSlate Sam Bankman-Fried confirmed that he still believes there is a future for FTX in a tweet reply to Twitter user WassieLawyer. SBF said: “I think that [customers] being made …
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SFC Chair Julia Leung said the regulator intends to introduce rules to only allow investing in major virtual assets that are highly liquid. 1 min read Updated: January 12, 2023 at 10:24 am Cover art/illustration via CryptoSlate Hong Kong’s Securities and Futures Commission (SFC) Chair Julia Leung said the commission will allow retail investors to …
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The Samsung Bitcoin Active ETF (under the ticker FA SAMSUNG BTC) will be open for trading on Jan. 13 via the Hong Kong Stock Exchange market. 1 min read Updated: January 12, 2023 at 9:42 am Cover art/illustration via CryptoSlate Samsung Asset Management received approval to list its Bitcoin (BTC) Futures Exchange Traded Fund (ETF) …
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Grayscale’s chief legal officer Craig Salm said on Jan. 12 that he does not expect the recent spate of events in the crypto space to impact its case against the SEC. Recent crypto events won’t impact Grayscale’s case According to him, the lawsuit is about “determinations on questions of law.” He added that despite the SEC’s …
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Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure, which will supposedly not have an impact on “the economic interests of any shareholders of Ant Group and their beneficiaries.” Once the process is complete, no single shareholder will have control over Ant …
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The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation on Digital Pound Currency The executive power in London is considering the introduction a …
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A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.S. Department of Justice (DOJ) called a “groundbreaking cryptocurrency insider trading case.” ‘Groundbreaking’ Crypto Insider Trading Case The U.S. Department of Justice (DOJ) announced Tuesday that Nikhil Wahi “was sentenced to 10 months in prison” in a “groundbreaking cryptocurrency …
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A widely followed crypto analyst is setting bullish price targets on Bitcoin (BTC) and the Ethereum (ETH) competitor Aptos (APT) but warns prices may dip first. Pseudonymous crypto trader Altcoin Sherpa tells his 188,400 Twitter followers that Bitcoin will soon hit the $19,000 price range. The king crypto is rallying in recent days. At time …
Bitcoin (BTC) and other altcoins started the new year on a bullish note, with most cryptocurrencies surging to multi-month highs. Apart from the spot market, the equity exchange-traded fund (ETF) market is also dominated by BTC, wherein Valkyrie’s Bitcoin Miners ETF (WGMI) is the leading equity ETF market and is up by 40% year to date. …
Continue reading “Bitcoin mining ETF tops equity ETF market in new year’s performance charts”
A new survey has found that the blockchain gaming industry is experiencing a “massive shift,” with the once-popular play-to-earn (P2E) model falling out of favor and focus shifting to improving gameplay experience. The survey results were included in a newly released annual report from the Blockchain Game Alliance (BGA) on Jan. 12, conducted with 347 …
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HodlX Guest Post Submit Your Post Digital asset prices have been falling steadily since last November, with the combined market capitalization taking an over 60% hit by December 16, 2022. In the meantime, Terra’s collapse, the bankruptcy of prominent CeFi providers like Celsius and Voyager, as well as the high-profile FTX scandal aggravated the negative …
Continue reading “Why Institutional Investors Are Already Preparing for the Next Bull Run”
