On May 21, Bitcoin (BTC) soared above $70,000, propelled by heavy investment in spot Bitcoin ETFs and an overall market upturn, reaching a high of $71,980 — a 6% rise within a day — then stabilizing at $71,000.
Also, Ethereum (ETH) spearheaded the market surge in the last few hours, soaring an impressive 14.5% in just one hour on Monday, fueled by rumors that the US SEC could greenlight spot Ethereum ETFs. ETH...

Amidst the excitement over the new bitcoin funds, it's important to remember that ETFs tracking the OG-crypto's price have been around since 2021. But they have a key difference: they invest in bitcoin futures, rather than in the coin directly.
By purchasing these funds, you’re essentially betting on the price of bitcoin futures i.e. contracts that let investors buy or sell the crypto for a set price at a later date. While bitcoin futures track the price of bit...

Alibaba Group Holding is bringing back Joseph Tsai, who has become a prominent blockchain proponent and owner of the Brooklyn Nets since co-founding the Chinese e-commerce company, to help turn around the struggling technology giant.
The US-educated Tsai is a longtime ally of fellow Alibaba co-founder Jack Ma.
Tsai understands Alibaba’s business intimately. The two were introduced through a friend and Tsai w...