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Bloomberg Senior ETF Analyst Eric Balchunas said he expects Hong Kong spot bitcoin and ether ETFs will attract a modest $500 million in cumulative assets under management.Although saying approval of the crypto-related investments in Hong Kong is a positive development, he said the market is “child’s play” when compared to the much larger ETF market in the U.S.
Bitkraft Ventures and Hashed co-led a $10 million funding round for crypto gaming studio Avalon, which is slated to release a massively multiplayer online game. Later this year, players will be invited to play a closed, early-access version of the game, also called “Avalon.”
Bitcoin is in no mood for a comprehensive BTC price recovery as the week gets underway.
Railgun token (RAIL) gained over 140% in the past 24 hours after an X.com post from Vitalik Buterin showed his support for its privacy pools protocol.Railgun is a privacy protocol that enables private smart contract and DeFi transactions.