Hong Kong is processing license inquiries from more than 40 companies ahead of its new stablecoin regulation, according to a report published by Yicai. The regulation, under the Stablecoin Bill, will come into effect on August 1, when the Hong Kong Monetary Authority (HKMA) begins accepting formal applications.Major Firms Line Up for Stablecoin Licenses Firms […]
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Category: Cryptocurrencies
Japanese Firm Remixpoint Secures $215 Million Funding to Purchase 3,000 Bitcoins
Japanese energy consulting firm Remixpoint has raised approximately $215 million through a financing round dedicated exclusively to Bitcoin investments, with a short-term objective to acquire 3,000 BTC as the company becomes the first Tokyo Stock Exchange-listed entity to pay its CEO entirely in Bitcoin.
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Polygon (POL) Technicals Flash Bullish as Heimdall v2 Upgrade Nears – $0.225 Target in Play
POL rose 7.25% in the past day, as traders bet big on Polygon’s make-or-break Heimdall v2 upgrade, slated for July 10, that promises to slash transaction times while tackling the network’s oldest technical demons.The rally comes despite Polygon’s planned zkEVM sunset, with on-chain data showing 1.6 million daily active addresses and a DeFi TVL of […]
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Circle and OKX Partner to Expand USDC Stablecoin Liquidity
Circle Internet Group, Inc. (NYSE: CRCL) and global crypto exchange OKX have announced a partnership aimed at expanding access to and liquidity for the USDC stablecoin.
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Bitcoin Cash Price Prediction: Whale Transactions Surge 122% – Could BCH Overtake Bitcoin?
Bitcoin Cash has proven among the most resilient to broader macroeconomic headwinds, with ramping interest from speculators and whales pushing its rally beyond that of its peers.
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XRP Price Prediction: Analyst Spots 2017 Setup on XRP Chart – New All-Time High Could Be Days Away
The XRP price has bounced by 2.5% in the past 24 hours, but is history about to repeat itself?
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Truth Social Files for Blue-Chip Crypto ETF Including BTC, ETH, XRP, and SOL
Trump Media & Technology Group, the parent company of Truth Social, has filed an S-1 registration statement with the SEC for a “Blue Chip crypto” ETF holding Bitcoin, Ethereum, Solana, XRP, and Cronos, as Trump’s cryptocurrency ventures reportedly generate over $620 million.
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South Korea to Classify Crypto Firms as Venture Companies, Unlocking Government Perks
South Korea is moving to reclassify crypto trading and brokerage firms as “venture companies,” a status that would grant them access to government subsidies.
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Nasdaq-listed GameSquare Secures $8M to Initiate $100M ETH Treasury
GameSquare has unveiled a new ETH treasury strategy that targets yields of 8-14% and plans to allocate $100 million in phased investments.
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Zelenskyy Suit Controversy Ends in “No” on Polymarket, Traders Cry Foul
Polymarket ruled “No” on whether Zelenskyy wore a suit despite widespread media coverage suggesting otherwise.
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