CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong's markets, allowing traders and investors to speculate on the decline of the cryptocurrency's value. This product complements other ETF products already available, further

Despite experiencing a significant sell-off in Bitcoin's price earlier this week, the cryptocurrency staged an impressive rally to reach $68,000, which has proven to be a critical threshold.Source: bigpara.hurriyet.com.trThis surge has not only put short-term traders back into profit but also unders

Wyoming Senator to Announce Bitcoin Strategic Reserve Legislation at Bitcoin ConferenceOn July 25, three crypto industry executives revealed that Wyoming Republican Senator Cynthia Lummis plans to announce Bitcoin strategic reserve legislation at the Bitcoin Conference. An early draft suggests the b

Rich Dad Poor Dad author Robert Kiyosaki predicts that if Donald Trump is re-elected as U.S. president, the dollar will weaken, leading to increased prices for gold, silver, bitcoin, and other assets. He forecasts gold will rise from $2,400 to $3,300 an ounce, silver from $29 to $79 an ounce, and bi

ETF analyst Eric Balchunas noted that excluding Grayscale’s ETHE, the $625 million in trading volume was robust. He anticipates a significant portion of this amount will convert into inflows.Source: uzmancoin.com On their debut, the United States’ spot Ethereum exchange-traded funds (ETFs) collectiv

Seven US Senators Set to Attend Bitcoin 2024 ConferenceAlex Thorn, head of research at Galaxy Digital, revealed that at least seven current U.S. senators will attend the Bitcoin 2024 conference in Nashville this week, highlighting the increasing political interest in cryptocurrency.Ethereum Long-Ter

Asset manager Bryan Courchesne recently appeared on CNBC to discuss Bitcoin's potential to become a strategic reserve asset for the United States government under a future Trump administration. With its supply cap of 21 million, Bitcoin is seen as an excellent hedge against currency devaluations and

Bitcoin price swung to $66,000 before rebounding to the upper end of its daily range. Analysts are dissecting the reasons behind BTC's current volatility.Source: tarifemevzuati.comBitcoin's drop to an intra day low of $66,569 on July 22, just before the anticipated launch of spot Ethereum ETFs in th

Coalition of Seven States Challenges SEC's Authority Over Cryptocurrency RegulationSeven U.S. states, led by Iowa Attorney General Brenna Bird, filed a friend-of-the-court brief on July 10, challenging the SEC's authority to regulate cryptocurrencies. The coalition, including Arkansas, Indiana, Kans

1. BTC Market TrendFrom July 17 to 21, the BTC spot price swung from $63,279.04 to $68,462.65, an 8.19% range. The increase during this period was mainly due to the overall market’s positive expectations regarding the current U.S. President Biden not running for the next term and the listing of the