The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on furthering the research on already examined use cases for the currency, including programmability and tokenization, and adding new, not previously explored use cases. Hong Kong […]
Grayscale Investments Submits Revised Application for Spot Ethereum ETF
Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the NYSE Grayscale Investments, a digital asset management firm, recently submitted an amended Form 19b-4 filing […]
Standard Chartered Raises Bitcoin Target: BTC Could Hit $150K This Year, $250K Next Year
Standard Chartered has raised its bitcoin forecast, predicting that the cryptocurrency’s price could reach $ 250,000 next year and $ 150,000 this year. The bank also adjusted its ether forecast as it anticipates the approval of a spot ether exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) in May. Standard …
Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900
Bitcoin’s price on Bitmex plummeted to $ 8,900 in a flash crash late Monday, diverging significantly from the global average price of around $ 67,400, due to large sell orders on the XBT/USDT pair. Bitmex is investigating the incident, which involved over 850 BTC being sold, causing the dramatic price drop while other …
Coinme Adds 9,700+ Coinstar Bitcoin ATM Locations to Bitcoin.com as New Featured Partner
PRESS RELEASE. Coinme, a leading cryptocurrency cash exchange in the U.S., announced today the addition of over 9,700 physical Bitcoin ATM locations to the Bitcoin.com site and map finder. Coinme powers thousands of Coinstar Bitcoin ATMs across the country, where customers can turn cash into crypto in mere minutes. “We’re excited to now be discoverable […]