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Recently, Hong Kong’s Bitcoin ETFs faced a setback after experiencing their first cumulative daily Bitcoin outflows since their launch on April 30. The China Asset Management Bitcoin ETF saw an outflow of $4.9 million, marking a significant change in the investment landscape for these products. Despite this setback, the other Hong Kong-based ETFs did not
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Coinbase’s chief legal officer, Paul Grewal, has brought the issue of cryptocurrencies’ legal status to the forefront by calling out US SEC Chair Gary Gensler for allegedly misleading the market. Grewal argues that the SEC chair’s claims that many digital assets are securities are false, citing previous admissions by the SEC’s own lawyers that cryptocurrencies
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Binance CEO Richard Teng has spoken out against the detention of Tigran Gambaryan, a key executive of the exchange, in Nigeria. Teng described the situation as unjust and worrisome, setting a dangerous precedent for companies globally. He emphasized that inviting employees for policy discussions and then detaining them is unacceptable. Tigran Gambaryan, a US citizen
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Bitcoin (BTC) has been facing a price slowdown recently after recovering above $60,000. One of the main factors believed to be contributing to this tepid price movement is the reduced demand for the Spot Bitcoin ETFs. Despite recording billions of dollars in net inflows in the first three months of launch, the demand for these
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Fantasy Top is a groundbreaking crypto-based fantasy football-style game that operates on the Blast network. This innovative game focuses on popular crypto influencers and their real-world social media engagement. Players are tasked with creating lineups of influencer NFT trading cards in order to compete against each other. The game offers cards with multiple rarity levels,
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