Cryptocurrency Analysis and News Portal
A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals.According to local news reports on Nov. 27, Julia Leung, CEO of Hong Kong’s Securities and Futures Commission, stated, “Even if the grace period ends tomorrow, fraud will still occur, so there is
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"Fed interest rate decisions have seen reduced medium-term directional impact on BTC as correlations reign moderate, K33 analysts Anders Helseth and Vetle Lunde noted in a market preview Tuesday. "We still expect a significant intraday volatility contribution from the Wednesday FOMC, as the market typically reacts with bursts of strongly
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Analysts believe that Bank of Japan would soon face pressure to raise interest rates and reverse from its loose monetary conditions. On Friday, September 22, Japan’s central bank decided to leave its interest rates unchanged amid “extremely high uncertainties”, and continue with its ultra-loose policy. Following its September meeting, the
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Despite Hong Kong steadily progressing with cryptocurrency adoption, mainland China has not changed its anti-crypto stance in terms of local regulations.Some Chinese state-affiliated banks have increasingly opened bank accounts to serve crypto clients in Hong Kong. CPIC Investment Management — a China government-backed firm regulated as a Hong Kong entity —
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Several major NFTs saw a surge in sales and transaction volumes yesterday, with at least one climbing over 1000%. Sales and transactions of major NFTs (non-fungible tokens) hit a surge yesterday, December 11th, even though Ether (ETH) price remained largely unaffected. This recent rally in NFTs comes amid dwindling prices of digital
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Since 2018, the international body has looked to define virtual assets and service providers in order to apply guidelines for anti-money laundering (AML) and combatting the financing of terrorism (CFT) to the crypto industry. In 2021, it published updated guidance for virtual asset service providers. Earlier this year, it said
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Andrew Kang spoke to the Wall Street Journal Wednesday regarding MicroStrategy's bitcoin strategy. Original Source
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Prices of ETH and BTC were mainly unchanged to start the weekend, as market activity slowed, mainly due to the Easter holiday. Price consolidation comes after a week of bearish pressure that sent the world’s two largest cryptocurrencies towards key support levels. Bitcoin Bitcoin was once again trading marginally above the $40,000
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The value of the bitcoin holdings of Tesla (TSLA) at the end of the fourth quarter remained unchanged from the end of the previous quarter at $1.26 billion, the electric car maker reported in its quarterly earnings report on Wednesday.Tesla did not buy or sell any bitcoin in the quarter,
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