Bitcoin
Hong Kong set to approve its first spot Bitcoin ETFs in April: sources
SPOT Bitcoin exchange-traded funds (ETFs) could be launched in Hong Kong this month, with the first approvals likely to be announced next week, two people familiar with the matter...
Bitcoin seen below US$20,000 in consumer survey by Deutsche Bank
CONSUMERS are divided over Bitcoin’s staying power, with about one-third expecting the world’s largest cryptocurrency to slide below US$20,000 by the end of the year, according to a survey...
Greenback pauses ahead of US inflation data, yen nears 1990 lows
THE US dollar paused on Monday (Apr 8) as investors trained their sights on US inflation data later this week, while the yen slipped close to 34-year lows as...
Bitcoin-Ether ratio flashes potential warning about crypto rally
A RATIO comparing the price of Bitcoin, the largest digital asset, with second-ranked Ether hints at a possible waning of risk appetite in crypto.The ratio scaled 20 this week...
South Korean party pledges access to US Bitcoin ETFs in race for votes
CAMPAIGNING in South Korea’s parliamentary election has underlined the nation’s status as one of the world’s largest crypto markets, with both major political parties touting related inducements to win...
Bitcoin sinks on ebbing Fed rate-cut bets and cooling ETF demand
BITCOIN dropped the most in almost two weeks, weighed down by cooling demand for dedicated US exchange-traded funds and ebbing bets on looser Federal Reserve monetary policy.The digital asset...
US dollar hits 5-month high while jawboning supports yen
THE US dollar hit its highest in almost five months on Tuesday (Apr 2) as stronger-than-expected economic data caused investors to rein in their bets on a June rate...
Bitcoin set for one of worst weeks in 2024 as ETF demand falters
BITCOIN has peeled back more than 10 per cent from its all-time high as the appetite for fledgling spot Bitcoin exchange-traded funds (ETFs) moderates. JPMorgan Chase & Co strategists...
