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This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls

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On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two dozen have experienced significant losses. Crypto Asset Market Sees Varied Performance This week saw a mixed performance within the crypto … Read more

Analysts: Gold Rush In China Is Propping Prices Up

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The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S. sanctions have contributed to this end. China … Read more

HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels

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Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial day. Despite High Hopes, Hong Kong’s Bitcoin ETFs Start Slow … Read more

China Asset Management Exec Anticipates Hong Kong Spot Bitcoin ETFs to ‘Exceed’ US Debut

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With the debut of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong trading on Tuesday, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the U.S. following the approval of 11 spot bitcoin ETFs on Jan. 10. Zhu Haokang, head of digital … Read more

DWF Labs Continues Altcoin (JASMY, FET) Transactions Amidst Profitable Moves

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In the dynamic landscape of cryptocurrency investments, DWF Labs, a prominent market maker, remains active not only in making purchases but also in selling altcoins for profits. Recent reports from spotonchain shed light on DWF Labs’ latest transactions involving two distinct altcoins transferred to the leading cryptocurrency exchange Binance: – 329M JASMY ($4.88M) at $0.01483 … Read more