Winter

Bitcoin

Coin

<ul class="news-points"> 
 <li>Animoca Brands’ founder says Hong Kong’s optimistic outlook on crypto is driving the end of crypto winter.</li> 
 <li>China’s pursuit of “de-dollarization” prompts significant crypto exploration, with $250 billion in digital currency transactions in June.</li> 
 <li>NFTs democratize revenue for artists, while gaming emerges as a leading sector in web3.</li> 
</ul> 
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 <a href="https://coinedition.com/market/" rel="noopener noreferrer nofollow">crypto market</a> 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. 
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 <figure class="aligncenter size-full"> 
 <img decoding="async" width="1153" height="649" src="https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1.png" alt="" class="wp-image-324290" srcset="https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1.png 1153w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-300x169.png 300w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-311x175.png 311w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-380x214.png 380w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-768x432.png 768w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-696x392.png 696w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-124x70.png 124w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-159x89.png 159w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-255x143.png 255w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-791x445.png 791w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-440x247.png 440w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-414x233.png 414w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-293x165.png 293w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-375x211.png 375w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-328x185.png 328w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-144x81.png 144w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-123x70.png 123w, https://coinedition.com/wp-content/uploads/2023/07/Bitcoin-1-129x73.png 129w" sizes="(max-width: 1153px) 100vw, 1153px"> 
 <figcaption class="wp-element-caption"> <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin’s price increasing after Hong Kong’s regulation update</a> 
 </figcaption> 
 </figure> 
</div> 
Siu has a straightforward answer to what’s the driving force behind the end of crypto winter. He credits Hong Kong’s fres… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/bitcoin-on-the-rise-blackrock-pursuing-etf-is-crypto-winter-over/">Bitcoin On The Rise, BlackRock Pursuing ETF: Is Crypto Winter Over?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

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

Coin Edition

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