Crypto News
Bitcoin Climbs Past $71K Amid Market Surge and Election Speculation
Bitcoin has seen a significant increase, surpassing $71,000 amid a surge in trading and liquidations of short positions.
Business
Animoca Expands Headquarters Amid Hong Kong's Office Space Reductions
Animoca is expanding its headquarters significantly while traditional finance companies in Hong Kong are downsizing.
Finance
Bitcoin Surpasses $70K for the First Time in Over Four Months
Bitcoin's price recently crossed the $70,000 mark, showing a significant recovery after several months of stagnation.
Policy
Reform Needed in U.S. Crypto Regulation
The SEC has a unique opportunity to reform its regulatory approach to foster innovation in the cryptocurrency industry.
Crypto
Dogecoin Surges 10% Amid Trump's Popularity as Bitcoin Approaches $70K
Dogecoin has seen a significant increase, fueled by interest linked to Donald Trump's recent campaign activities, while Bitcoin is nearing its all-time high.
Policy
Hong Kong's Securities and Futures Commission to Form Advisory Panel for Cryptocurrency Exchanges
The Hong Kong SFC is set to launch a consultative panel aimed at enhancing transparency and responsibility among licensed cryptocurrency exchanges.
Business
Tether CEO Paolo Ardoino Discusses U.S. Oversight and Crypto Regulations
Amid rising scrutiny, Tether's CEO reflects on the company's compliance with international sanctions and its relationship with U.S. authorities, while asserting that USDT's involvement in illicit finance is negligible compared to the dollar.
Policy
Hong Kong Weighs Tax Breaks for Crypto Investments
The Hong Kong government is considering tax concessions for virtual assets to attract institutional investors.
Crypto
FTX Secures $228 Million from Bybit, Moves Closer to Bankruptcy Resolution
The FTX bankruptcy saga progresses with a significant settlement from Bybit, enhancing the recovery for affected customers and creditors.
Blockchain
Astria Unveils Main Network for Its Decentralized Sequencing Layer
Astria has launched the main network of its pioneering decentralized shared sequencing layer aimed at enhancing blockchain transaction processing.
Business
Kalshi Partners with Stork to Provide Pricing Data for Crypto Oracle Service
Kalshi expands its role in the crypto market by supplying price data to Stork Labs, enhancing the capabilities of decentralized prediction markets.
Investments
Emory University Invests in Bitcoin ETFs with $16 Million in Grayscale Holdings
Emory University makes a significant move by investing in Bitcoin ETFs, disclosing $16 million in Grayscale's Bitcoin Mini Trust and shares of Coinbase, reflecting a growing interest in cryptocurrency among institutional investors.
Business
Bitcoin Mining in the Arctic: An Innovative Heat Source for a Fishing Village
Sazmining is implementing a novel bitcoin mining operation in a Norwegian fishing village, harnessing excess heat for local buildings.
Market Analysis
CoinDesk 20 Update: SOL Rises 5.4%, Boosting Index Since Friday
The latest update on the CoinDesk 20 index highlights SOL's significant gains and Bitcoin's rise.
Crypto News
Bitcoin Reclaims $68,500 After Recent Dip
Recent developments in the crypto market highlight Bitcoin's recovery, boosted by Tether's denial of allegations.
Policy
Crypto Policy Largely Ignored in Recent Elections in Austria and Georgia
Recent elections in Austria and Georgia saw minimal emphasis on cryptocurrency policies, diverging from trends in Japan and other nations.
Investment
Core Scientific: Poised to Harness AI Demand with Strong Market Position
Jefferies has rated Core Scientific as a 'buy' with a price target of $19, highlighting the company's strong potential in capturing demand from AI sectors.
Market News
HKEX Set to Introduce New Crypto Index This November
Hong Kong Exchanges and Clearing will launch a new virtual asset index aimed at enhancing investment decision-making in the crypto space.
Crypto
MicroStrategy's Bitcoin Holdings Premium Faces a Downturn, Reports Steno Research
A new report indicates that MicroStrategy's substantial premium over its Bitcoin assets may not be sustainable amid changing market dynamics.
Crypto
Arthur Hayes' Strategies Amid U.S. Election Uncertainty
Arthur Hayes of Maelstrom discusses his investment strategies leading up to the 2024 U.S. elections, including the use of staked USDe and large crypto positions.
