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Google To Comply With Court Order Banning Protest Anthem That Infuriated China — 'Glory To Hong Kong' To Be Taken Down From YouTube
Tuesday, May 14, 2024 - 9:55pm | 497Read More...YouTube has announced that it will be blocking access to specific videos, following a Hong Kong court order. What Happened: YouTube, a subsidiary of Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), will be restricting access to 32 video links in Hong Kong, as per a court ruling. The videos contain...
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U.S. Bitcoin Spot ETFs Net $66M Inflows As Hong Kong ETFs Fall Behind
Tuesday, May 14, 2024 - 7:18am | 522Read More...The U.S. Bitcoin spot exchange-traded fund (ETF) market saw a positive turn on Monday, recording a combined net inflow of $65.96 million. What Happened: This uptick comes amid a period of mixed signals in the broader cryptocurrency market, according to data from SoSoValue Leading the charge was the...
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Hong Kong Launches First $128M Crypto ETF Liquidity Fund
Wednesday, May 8, 2024 - 9:13am | 502Read More...Hong Kong’s burgeoning cryptocurrency market received a significant boost today with the announcement of its first-ever ETF liquidity fund. What Happened: The HK$1 billion (approximately $128 million) fund, established by a consortium of industry leaders, aims to enhance liquidity, improve...
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Spot Bitcoin ETFs Bled Another $162 Million On Tuesday
Wednesday, May 1, 2024 - 10:33am | 579Read More...Bitcoin spot Exchange-Traded Funds (ETFs) experienced a substantial outflow of funds, totaling $162 million on Tuesday, according to financial analytics firm SoSoValue. What Happened: The Grayscale Bitcoin Trust (OTC:GBTC) alone saw a withdrawal of $93.2277 million, contributing significantly to...
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Sunho Biologics Gets Green Light For Downsized IPO
Friday, April 26, 2024 - 12:02pm | 1114Read More...Key Takeaways: Sunho Biologics has no revenue or licensing income to draw on, making a loss of 133 million yuan last year as all its products remain at the R&D or clinical stage The company is rumored to be targeting just $50 million in proceeds, only a third of the $150 million it was thought...
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BlackRock's Spot Bitcoin ETF Sees Zero Inflows, As Net Outflows Tally $130M On Wednesday
Thursday, April 25, 2024 - 7:51am | 555Read More...BlackRock‘s iShares Bitcoin Trust (NASDAQ:IBIT) has seen its record-breaking streak of inflows come to an end on Wednesday. What Happened: According to data from SoSoValue, IBIT recorded no net inflows for the day, snapping a 71-day stretch of continuous investment. On Wednesday, spot...
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Bitcoin Spot ETFs Net $31.6M Inflows As Hong Kong Readies For ETF Launches
Wednesday, April 24, 2024 - 7:50am | 640Read More...The demand for Bitcoin spot exchange-traded funds (ETFs) continues to rebound, with significant inflows recorded on Tuesday. What Happened: This trend coincides with news that Hong Kong is poised to launch its own Bitcoin ETFs, potentially becoming a major player in the digital asset space....
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Hong Kong's Bitcoin And Ethereum ETFs Poised to Reach $1B In Assets, Bloomberg Analyst Predicts
Wednesday, April 17, 2024 - 2:15pm | 501Read More...The newly-approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs) in Hong Kong are projected to accumulate $1 billion in assets within the next two years, according to Bloomberg analysts. What Happened: Bloomberg Senior ETF analyst Eric Balchunas has revised his...
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Why Hong Kong Bitcoin ETFs Matter, According To 10x Research
Monday, April 15, 2024 - 10:46am | 491Read More...Hong Kong’s recent approval of Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) exchange-traded funds (ETFs) for trading is a significant development in the world of digital assets. That’s according to a new research report by 10x Research, which highlights that the approved ETFs, managed...
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Hong Kong's First Bitcoin, Ethereum Spot ETFs Get Regulatory Nod: 'Welcome To The Party, China!' Says Crypto Analyst
Monday, April 15, 2024 - 4:58am | 682Read More...Hong Kong’s securities regulator has approved the city’s first spot Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs). What Happened: The Hong Kong units of Bosera Asset Management and China Asset Management have been granted regulatory approval by the Hong...
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Hong Kong Poised To Approve Spot Bitcoin And Spot Ether ETFs: Report
Friday, April 12, 2024 - 8:58am | 555Read More...Hong Kong is on the verge of becoming a major player in the cryptocurrency exchange-traded funds (ETF) market, with potential approvals for spot Bitcoin ETFs and spot Ether ETFs expected as early as this week. What Happened: This move positions Hong Kong as a competitor to Singapore and Dubai in...
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Will Bitcoin Hit $100K Sooner Than Expected, Thanks To Chinese Asset Managers And Hong Kong's Major ETF Push?
Friday, April 12, 2024 - 3:33am | 942Read More...Despite China’s firm ban on cryptocurrency trading, Hong Kong, closely tied to the mainland, could inadvertently play a pivotal role in Bitcoin‘s (CRYPTO: BTC) ascent to a much-awaited $100,000 price tag. The financial hub is on the brink of becoming a significant player...
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Bitcoin ETF Outflows Slow To $19.5M, Hong Kong Targeting April For Bitcoin ETF Launch
Wednesday, April 10, 2024 - 11:22am | 574Read More...Net outflows from Bitcoin (CRYPTO: BTC) spot ETFs slowed to $19.48 million on Tuesday, recording a slower outflow pace for exchange-traded funds compared to Monday. What Happened: Grayscale’s Bitcoin Investment Trust (OTC:GBTC) experienced a significant single-day outflow of $154 million,...
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Cathie Wood: US Crypto Industry Suffers From 'Brain Drain,' Praises Hong Kong's Regulatory Approach (CORRECTED)
Monday, April 8, 2024 - 3:40pm | 594Read More...Editor’s note: This story has been updated to correct a misspelling of Cathie Wood’s name. ARK Invest CEO Cathie Wood on Monday praised cryptourrency regulation in Hong Kong. What Happened: Wood lauded the Securities and Futures Commission (SFC) of Hong Kong for its clear guidelines...
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Toncoin Surges 16% After TON Network Reveals New Identity Verification System
Monday, April 8, 2024 - 2:49pm | 612Read More...Toncoin (CRYPTO: TON), the native cryptocurrency of the TON network, is up 16.5% on the day, reaching a new all-time high of $6.25. This surge comes amid a flurry of developments within the TON ecosystem, including a new palm scanning initiative aimed at on-chain identity verification. Toncoin...
















