Maker price has shifted to a bullish trend suggesting that recovery might continue in the coming days. It breaks out from a descending channel range, which showed the initial signs of a bullish trend reversal. MKR price recovered roughly around 30% from the current swing low. It indicates that the
Shares of HK Asia Holdings Limited surged nearly 93% on Feb. 17 after the firm disclosed its purchase of one Bitcoin for $96,150 on Feb. 13. The Hong Kong-based investment firm used internal resources to finance the purchase, calling it a symbolic but strategic step toward digital asset integration. Despite
Ethereum (ETH), the largest altcoin, made a fresh attempt to surge past $2.7K. It broke the $2,794 resistance but faced rejection near the $2,850 range, signalling a short-lived bullish push. In the early hours, a high was formed at $2,848, climbed from the low of $2,669. Analysts predict that Ethereum’s
Argentina’s President Javier Milei has denied promoting the controversial LIBRA token, which collapsed after a brief surge. He claims he only shared information about it. His comments come as fraud lawsuits and an official probe into the incident gain momentum. On February 17, Milei told Todo Noticias, “I did not
Several U.S. states, including California, Florida, Wisconsin, and North Carolina, are making significant moves by investing in Strategy stock formerly known as MicroStrategy as a way to gain indirect exposure to Bitcoin. With Strategy’s aggressive Bitcoin acquisition strategy driving its stock performance, state pension funds and treasuries see this as
Elon Musk’s DOGE has launched an investigation into the U.S. Securities and Exchange Commission (SEC) for suspected waste, fraud, and abuse. The new @DOGE_SEC address on X is inviting the public to come forward with any information on the SEC’s activities. Public Call for Evidence @DOGE The @DOGE_SEC address requested
Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT have announced the formation of a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin. The JV aims to apply for a license from the Hong Kong Monetary Authority (HKMA) under its new regulatory framework. SCBHK brings its
AUSTRAC, Australia’s anti-money laundering regulator, moved against 13 cryptocurrency companies under its overall operation of cracking down on non-adherence to money laundering laws. Over 50 more companies continue to be watched. The probe, which commenced more than a year ago, aims to confirm that cryptocurrency exchanges and digital currency providers
Solana (SOL) remains under bearish pressure, currently trading around $184, struggling to hold above key support levels. The token has experienced a sharp decline of nearly 17% from its recent monthly highs above $220. A combination of ecosystem controversies, decreasing trading volumes, and an impending token unlock contribute to the
The crypto market cap, resting at $3.19 trillion, has yet to fully bounce back from the recent downturn. Among altcoins, Onyxcoin (XCN) has been stuck in a sliding phase, reversing its recent gains, losing a modest 1.95%. Despite attempting a breakout rally, XCN faces challenges in ensuring a strong recovery.
