As Hong Kong seeks to establish itself as a global cryptocurrency hub, experts are warning that the city’s cautious regulatory approach could hinder its growth in the rapidly evolving digital assets sector.
The post Experts Warn Slow Regulatory Moves May Stifle Crypto Growth in Hong Kong appeared first on Cryptonews. …
Category: Cryptocurrencies
FTX/Alameda Unstakes Over $1B in Solana – Is a Major Price Shift Coming?
FTX/Alameda has unstaked over $1 billion in Solana (SOL), raising concerns about potential market impact. Despite this, SOL remains resilient, trading near $137. However, the large-scale unstaking could increase selling pressure and affect future price movements.
The post FTX/Alameda Unstakes Over $1B in Solana – Is a Major Price Shift Coming? appeared first on Cryptonews. …
US Spot Bitcoin ETFs See $263M in Inflows, Largest Single-Day Increase Since July 22
On Friday, U.S. spot Bitcoin exchange-traded funds (ETFs) saw a surge in inflows, with net purchases reaching $263 million.
The post US Spot Bitcoin ETFs See $263M in Inflows, Largest Single-Day Increase Since July 22 appeared first on Cryptonews. …
Sam Bankman-Fried Appeals Fraud Conviction, Prosecutors ‘Eager for Quick Headlines’
Sam Bankman-Fried (SBF), the founder of FTX, has filed a request for a new trial, claiming he was denied a fair hearing during his criminal conviction.
The post Sam Bankman-Fried Appeals Fraud Conviction, Prosecutors ‘Eager for Quick Headlines’ appeared first on Cryptonews. …
Crypto-friendly Rep. Ritchie Torres Urges CFTC to Regulate Election Markets Following Setback
Crypto-friendly Rep. Ritchie Torres has urged the U.S. Commodity Futures Trading Commission (CFTC) to focus on regulating election markets following a recent court ruling that halted political prediction markets, following CFTC’s request for an emergency stay against Kalshi’s markets was upheld by a federal appeals court.
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Bitcoin Reclaims $60K as Bulls Take Control – Is This the Start of a Major Rally?
Bitcoin price reclaims $60K as investor optimism grows, fueled by institutional purchases and rate cut expectations, while caution remains in the market.
The post Bitcoin Reclaims $60K as Bulls Take Control – Is This the Start of a Major Rally? appeared first on Cryptonews. …
Danny Ryan, Key Figure in Ethereum’s Shift to Proof-of-Stake, Resigns – What’s Going On?
Danny Ryan, a prominent researcher at the Ethereum Foundation, has announced his resignation after seven years of work within the Ethereum ecosystem.
The post Danny Ryan, Key Figure in Ethereum’s Shift to Proof-of-Stake, Resigns – What’s Going On? appeared first on Cryptonews. …
ParaFi Taps Securitize to Tokenize Portion of $1 Billion Fund
ParaFi Capital has partnered with Securitize, a real-world asset tokenization platform, to tokenize a portion of its more than $1 billion in assets under management on the Avalanche blockchain.
The post ParaFi Taps Securitize to Tokenize Portion of $1 Billion Fund appeared first on Cryptonews. …
As Grayscale Trust Nears, XRP Holders Are Betting on This New ICO – Is It the Right Move?
With Grayscale set to launch its XRP Trust investment product soon, but the XPR price stuck close to major moving averages in the $57 area, XRP holders are turning to a new ICO that might be able to deliver faster gains.
The post As Grayscale Trust Nears, XRP Holders Are Betting on This New ICO – Is It the Right Move? appeared first on Cryptonews. …
Could Solana Be the Next Bitcoin? Analyst Says SOL Will Outperform Due to This Key Factor
After a brief uptick, the Solana price has seen a cooldown, now holding steady with a slight 0.7% lapse over the past 24 hours. Meanwhile, looking wider, VanEck executive Matthew Sigel says that Solana has the capacity to outperform Bitcoin.
The post Could Solana Be the Next Bitcoin? Analyst Says SOL Will Outperform Due to This Key Factor appeared first on Cryptonews. …