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The Hong Kong Monetary Authority (HKMA), the special administrative regionās central banking authority, has finalized its regulatory framework for stablecoin issuers, releasing two sets of guidelines that will take effect on Aug. 1.Ā On Tuesday, the HKMA released completed guidelines and consultationā¦
Key points:Bitcoin returns to $119,000 after a CME gap fill as new Galaxy Digital exchange transactions fail to sway the market mood.Nerves over āOGā BTC sales seem to have passed after last weekās 80,000 BTC transaction.Trading circles still see the potential for another BTC price dip. Bitcoin retā¦
Blockchain analytics platform Bubblemaps raised concerns about Rugproof, a self-described Solana-based launchpad that claims to protect investors from rug pulls.Ironically, Bubblemaps alleged that the project may be orchestrating the type of exploit it claims to prevent. On Monday, the analytics plaā¦
The National Bank of Ras Al Khaimah (RAKBANK), a government-owned bank in the United Arab Emirates (UAE), has become the first conventional bank in the country to offer retail crypto trading.In a Tuesday press release, the bank announced the launch of a crypto brokerage service through its mobile baā¦
The worldās top Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, is reportedly on the verge of opening its first US-based manufacturing plant.According to a Tuesday Bloomberg report, Bitmain plans to open its first US-based ASIC manufacturing facility in the cominā¦
Shares in the Canadian vape company CEA Industries Inc. (VAPE) surged nearly 550% on Monday after revealing plans to become the largest BNB treasury company in the US.Ā VAPE shares closed trading on Monday at $57.59, up nearly 549% from its $8.88 close on Friday. Itās seen an almost 7% drop after houā¦
Update (July 29 at 4:21 am UTC): This article has been updated to reflect a public denial from CoinDCX CEO Samit Gupta over the report. The CEO of Indian crypto exchange CoinDCX has denied that his company is in talks to be acquired by Coinbase for nearly $1 billion.Indian news outlet Mint on Mondayā¦
Nasdaq-listed Mill City Ventures III has completed a major $450 million private placement to pivot its business strategy toward cryptocurrency with a Sui treasury.The non-bank lender and specialty finance company announced on Monday that it has raised approximately $450 million by selling 83 millionā¦
American billionaire and hedge fund manager Ray Dalio has recommended a 15% portfolio allocation into Bitcoin or gold to optimize for the ābest return-to-risk ratioā in light of Americaās crippling debt problem and currency devaluation.ā[If] you were optimizing your portfolio for the best return-to-ā¦
Representative Tom Emmer, the sponsor of the US Houseās Anti-CBDC Surveillance State Act, said the bill, if passed, would significantly limit the Federal Reserveās ability to issue a central bank digital currency.In a Friday press call, the Minnesota representative spoke on the progress of the Anti-ā¦
Key point: Traders expect ETH to retest the $3,500 to $3,300 zone before a break to new year-to-date highs. Ether (ETH) gained 57% over the past month, but consistent selling near $4,000 is putting a cap on the priceĀ upside. Independent market analyst Adam pointed to sell walls in the zone and said ā¦
The USĀ Securities and Exchange Commission (SEC) on Monday delayed its decision on the proposed Truth Social Bitcoin exchange-traded fund (ETF), extending the review deadline to Sept. 18 from Aug. 4.The fund, backed by the Trump Media and Technology group, is seeking approval to list the Truth Socialā¦