Bitcoin On The Rise, BlackRock Pursuing ETF: Is Crypto Winter Over?
Market Musing-g

Bitcoin On The Rise, BlackRock Pursuing ETF: Is Crypto Winter Over?

2m
1 year ago

Animoca Brands co-founder and executive chairman, Yat Siu published a blog recently in collaboration with Bloomberg where he discusses the current state of affairs in the crypto industry. Titled ‘Is the Crypto Winter Over?’, the blog features an easy yes to the question from Siu....

Bitcoin On The Rise, BlackRock Pursuing ETF: Is Crypto Winter Over?
  • Animoca Brands’ founder says Hong Kong’s optimistic outlook on crypto is driving the end of crypto winter.
  • China’s pursuit of “de-dollarization” prompts significant crypto exploration, with $250 billion in digital currency transactions in June.
  • NFTs democratize revenue for artists, while gaming emerges as a leading sector in web3.

Animoca Brands co-founder and executive chairman, Yat Siu published a blog recently in collaboration with Bloomberg where he discusses the current state of affairs in the crypto industry. Titled ‘Is the Crypto Winter Over?’, the blog features an easy yes to the question from Siu.

Bitcoin’s value is on the rise, the crypto market capitalization is finally stabilizing, investment management giant BlackRock is headstrongly pushing into the Bitcoin ETF market, and Hong Kong is welcoming retail crypto trading with open arms, the blockchain gaming company’s founder state the aforementioned as obvious signs of the sector’s improvement.

Siu has a straightforward answer to what’s the driving force behind the end of crypto winter. He credits Hong Kong’s fres…

0 people liked this article

Related Articles

Market Musing-g
Bitcoin ETF and Halving Comment from Peter Brandt! Are Expectations Empty?
Peter Brandt evaluated the spot Bitcoin ETFs that everyone is looking forward to and the impact of the BTC halving on the market and price. Continue Reading: Bitcoin ETF and Halving Comment from Pe...
1 year ago
1m
Market Musing-g
Polygon (MATIC) Price On the Verge of Bearish Reversal, Top Analyst Predicts Shiba Inu’s (SHIB) N...
The current trading setup for Polygon (MATIC) is characterized by a bearish breakout from a Rising Wedge pattern. This pattern, which has formed below the key level of $0.75, confirms a potential d...
1 year ago
4m
Market Musing-g
Whale Alert: Huge $250 Million ETH Trade Signals Market Strength
Ethereum (ETH) sees massive $250 million bet, hinting at possible price surge on horizon
1 year ago
2m
Market Musing-g
Twitter has been Rebranded to X: Details
Elon Musk, the cofounder of six companies, stated that the social networking platform Twitter, now X Corp will be rebranded to “X” as soon as tomorrow, as a first step towards its upcoming evolutio...
1 year ago
3m
Market Musing-g
Opportunity Knocks: Binance Coin (BNB) Opens Door for 100x Borroe ($ROE) Surge
The post Opportunity Knocks: Binance Coin (BNB) Opens Door for 100x Borroe ($ROE) Surge appeared first on Coinpedia Fintech News In the world of cryptocurrencies, opportunities arise and subside qu...
1 year ago
4m
Market Musing-g
Balada Bursa Aset Kripto Indonesia, Peran Crypto Exchange Lain Bagaimana?
Selayaknya sebuah balada, diimpikan sejak tahun 2018 baru 20 Juli 2023 kemarin Bappebti akhirnya meresmikan bursa aset kripto Indonesia alias bursa kripto berjangka. Itu diklaim sebagai bursa kript...
1 year ago
9m