[ad_1] Thailand has joined the Bitcoin exchange-traded fund (ETF) trend by approving One Asset Management (ONEAM) to launch a Bitcoin ETF, as reported by the Bangkok Post. However, access to the instrument will be limited to wealthy and institutional investors.As approved by the Thai Securities and Exchange Commission (SEC), the ETF is named the ONE Bitcoin ETF Fund of Funds Unhedged and is scheduled to be distributed between May 31 and June 6. The Bitcoin ETF comes with an investment risk level of eight.The approval came about two months after the Thai SEC amended its local rules to allow local…
Author: dfrancis36
[ad_1] At the recent MicroStrategy World: Bitcoin for Corporations conference, Alex Thorn, Head of Firmwide Research at Galaxy Digital, provided valuable insights into the evolving landscape of Bitcoin adoption by Wall Street and corporations.In an interview with Bitcoin Magazine, Thorn explored how Wall Street has begun to embrace Bitcoin, the dual nature of Bitcoin’s role as both a treasury asset and a technological tool and how both institutional investors are beginning to see bitcoin as more of a safe haven asset.Bitcoin: Treasury Asset Or Technological Tool?When asked whether corporations are more likely to view Bitcoin (BTC) as a treasury asset…
[ad_1] The biggest question on many crypto investor’s minds is: How do you find altcoins and buy them before everyone else so you can make those 100x gains?First, it’s necessary to realize that if you are looking at +100x gains, then this will only be achievable from the small and micro-cap market.Why Micro-Cap & Small-Cap Altcoins?Low-cap altcoins (also known as micro-cap or small-cap altcoins) are the only segment of the altcoin market which have the potential for massive ROI (Return on Investment) because they are often undervalued and relatively unknown and or are newly released.These altcoins have a market capitalization…
[ad_1] The crypto market is showing signs of a bullish resurgence, with reports of an impressive $2 billion in inflows for May alone. Alongside this positive trend, Ethereum (ETH) has seen a notable turnaround in investor sentiment as the long-awaited spot exchange-traded funds (ETFs) for the market’s second-largest cryptocurrency received approval from the US regulators last week. Record-Breaking Month For Crypto Products According to a recent report from research firm CoinShares, digital asset investment products consistently attracted inflows during the four weeks, amassing a total of $185 million. May proved to be particularly fruitful, with inflows surpassing $2 billion. This…
[ad_1] Here’s what happened this week in Bitcoin in 99 seconds. As we enter the second quarter of 2018, it appears that Bitcoin market sentiment has turned gently bullish. The psychologically-important $10,000 price level seems likely to be tested soon. Goldman Sachs plans to start trading Bitcoin for its clients, albeit indirectly via the US futures markets. Goldman already trades Bitcoin on its own behalf. The investment bank also intends to create its own Bitcoin futures product. This news is being interpreted as a signal that major institutional money is increasingly flowing into Bitcoin. Argentina may soon receive 5,000…
[ad_1] The U.S. Securities and Exchange Commission (SEC) has just approved the first batch of spot Ethereum (ETH) ETFs. These ETFs could have huge implications across financial markets, given the popularity of the asset and acknowledging how spot Bitcoin ETFs were the fastest growing ETFs in the history of ETFs, according to BlackRock CEO Larry Fink.JUST IN: 🇺🇸 SEC approves spot Ethereum ETFs. pic.twitter.com/t7KLtcaMNg— Bitcoin Magazine (@BitcoinMagazine) May 23, 2024 The newly approved spot Ethereum ETFs will allow investors to gain direct exposure to Ethereum, the second-largest cryptocurrency by market capitalization, without having to purchase and store the digital asset themselves.”TO…
[ad_1] Cryptocurrency security is becoming increasingly important in today’s digital market. The increasing use of digital currencies necessitates stronger security measures to safeguard transactions. AWS blockchain solutions provide a framework that ensures more security in cryptocurrency transactions. Specialised AWS Training lets People and businesses learn how to use these solutions to protect their digital assets. This blog goes into how AWS Blockchain technology improves the security features of cryptocurrency.Blockchain Technology and Role of AWS in ItBlockchain technology offers a decentralized and immutable system that records transactions in public and in a chronological order. This is the foundation of the AWS…
[ad_1] XRP price is slowly moving higher from the $0.5080 zone. It could gain bullish momentum if there is a move above the $0.5250 resistance zone. XRP is attempting a fresh increase above the $0.5120 zone. The price is now trading above $0.5150 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $0.5160 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a decent increase if there is a clear move above $0.5250. XRP Price Eyes Recovery XRP price extended losses below the…
[ad_1] Australia now officially has its first spot Bitcoin ETF that directly holds BTC. The Monochrome Asset Management’s Bitcoin ETF (IBTC) just began trading as the Cboe Australia exchange opened. Trading under the ticker IBTC, the ETF carries a management fee of 0.98%.BREAKING: 🇦🇺 Australia's first spot #Bitcoin ETF to hold #BTC directly officially begins trading. pic.twitter.com/k4OPyPDm5O— Bitcoin Magazine (@BitcoinMagazine) June 4, 2024 This milestone makes IBTC the first fund in the country to offer direct Bitcoin holdings, providing investors with straightforward access to BTC. This new product stands apart from the two existing spot Bitcoin ETFs in Australia, which provide exposure to spot…
[ad_1] Navigating the labyrinth of investment opportunities, particularly ICOs, can indeed be a daunting endeavour. Having personally trawled through myriad options myself, I’m well aware of the challenges it presents.In light of Dogeverse’s impressive feat in amassing over $9 million, I’ve taken it upon myself to delve into the nitty-gritty details and unearth some promising upcoming ICOs for you.This article is designed to arm you with critical insights on what signs to look out for and how to judiciously evaluate potential investments. Curious for some pointers? Let’s dive in!Key TakeawaysSatoshiDEX is a new ICO offering a unique way of trading…