FxWirePro- Ethereum Daily Outlook
May 01, 2024 12:38 pm UTC| Technicals Digital Currency
ETHUSD pared most of its gains on weak market sentiment.It hit a low of $2815at the time of writingand is currently trading around $3016.70. Ethereum whale 0x035has offloaded 1767 ETH which was transferred to the...
FxWirePro- BTCUSD Daily Outlook
May 01, 2024 12:24 pm UTC| Technicals Digital Currency
BTCUSDdeclined below $60000 ahead of US Fed monetary policy.It hita low of $56500at the time of writing andis currently trading around $57756. Hongkong BTC and ETH ETF showed a slower response total first-day...
FxWirePro- OPUSD(Chart of the day)
May 01, 2024 11:55 am UTC| Technicals Digital Currency
OP Mainnet is a low-cost and lightning-fast Ethereum L2 blockchain powered by Optimism. It is an EVM equivalent layer 2 blockchain designed to scale up Ethereum. OPUSD showed a minor pullback after a massive...
US Court Sets May Hearing for Terraform Labs, Do Kwon Remedies
May 01, 2024 05:32 am UTC| Technology Digital Currency
On May 22, the U.S. District Court for the Southern District of New York is set to consider proposed financial remedies from Terraform Labs and its co-founder, Do Kwon, following a fraud verdict. The court will hear...
Bitcoin Traders Unfazed by 20% Drop: 'Pretty Ordinary Stuff'
May 01, 2024 05:25 am UTC| Technology Digital Currency
As Bitcoin endures its fourth 20% correction in 12 months, dropping to $59,730, market veterans see it as nothing unusual. Leaders in the crypto industry, like Raoul Pal and Thomas Fahrer, reassure that such fluctuations...
Hong Kong Bitcoin, Ether ETFs Surge with $200M Investment on Debut
May 01, 2024 02:55 am UTC| Technology Digital Currency Business
In an impressive debut, Hong Kongs new Bitcoin and Ether ETFs attracted over $200 million in investments on their first trading day, April 30. This significant influx underscores the regions growing influence in the...
Blockstream CEO Adam Back Highlights Unique Aspects of Hong Kong's Bitcoin, Ethereum ETFs
Apr 30, 2024 17:05 pm UTC| Technology Digital Currency
Adam Back, CEO of Blockstream, recently detailed the unique characteristics of Hong Kongs newly launched Bitcoin and Ethereum ETFs on X, emphasizing their in-kind redemption model, which sets them apart from their U.S....