A Hong Kong securities industry group has pushed back against key parts of the city’s proposed regulatory framework for virtual asset management, warning that the plan could discourage traditional asset managers from gaining exposure to cryptocurrencies. In a Tuesday submission to regulators, the Hong Kong Securities and Futures Professionals Association
BitMine Immersion Technologies, an influential institutional crypto treasury player, has increased its ETH stakes substantially and is largely fueling the institutional presence within the ETH market. Notable data from on-chain analytics revealed that BitMine has staked an extra 86,848 ETH ($277.5M) to strengthen its ETH stake. Right now, the total
Earlier today, Crypto Quant founder Ki Young Ju highlighted that institutional demand for Bitcoin remains strong. He pointed out that large U.S. custody wallets have accumulated around $53 billion worth of Bitcoin over the last year. Institutional demand for Bitcoin remains strong. US custody wallets typically hold 100-1,000 BTC each.
The Pendle price is recovering above a prominent resistance level as the protocol launches a new staking model. The price of Pendle was hovering at $2.07 at the time of writing, up 9% in the last 24 hours, as increasing open interest and a prominent tokenomics overhaul keep the $2.35
The New York Stock Exchange is developing a blockchain-based platform that allows tokenized stocks and ETFs to trade 24/7. This initiative is being led by the NYSE’s Parenting company, Intercontinental Exchange. The project needs to get approval from the U.S. Securities and Exchange Commission. NYSE executives stated that the project
US President Donald Trump has now threatened to impose tariffs on French wines and champagnes. This adds to the list of tariffs imposed by Trump in the last couple of days, adding uncertainty to international trade. Meanwhile, the crypto market has started losing momentum after staying mostly the same for
Pump.fun, a memecoin, has announced the launch of Pump Fund, a new investment arm designed to support early-stage builders, marking a significant shift for the platform, which has been closely tied to the memecoin ecosystem. Introducing the $3,000,000 Build in Public Hackathon Brought to you by Pump Fund – pump
Tether, the company behind the issue of one of the widely recognized stablecoins, has made a strategic partnership announcement with Bitqik, which is recognized as a licensed digital assets exchange within Laos, to develop digital asset knowledge in the region of Southeast Asia, as of January 19, 2025. Under this
The Injective community has approved a governance proposal that reshapes the network’s token economics and pushes INJ into a more aggressive deflationary phase. The vote, submitted as IIP-617, concluded on Jan. 19 after four days and passed with overwhelming support, signaling strong alignment among participating token holders. According to the
The International Monetary Fund (IMF) has published its updated growth forecast for 2026, featuring several advanced and developing economies. However, it is the US growth forecast that is under the scanner despite a slight increase in 2026 over 2025. The crypto market remains on edge, possibly sustaining its volatility from
