As the Securities and Futures Commission (SFC) celebrates its 35th anniversary this year, it highlights its mission to support and strengthen Hong Kong’s capital markets. According to the SFC, the organization has played a key role in shaping the financial landscape through rigorous regulatory measures and forward-looking policies. Looking back on 35 years of regulatory excellence Since its inception, the SFC has played a pivotal role in maintaining market health and protecting investors. The Commission’s efforts have contributed significantly to Hong Kong’s reputation as a global financial hub. Over the past 35 years, the SFC…
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Bitcoin (BTC) extended its losses by the Wall Street open on June 17 as the bulls failed to rebound.BTC/USD 1-hour chart. Source: TradingViewBitcoin Traders Hope for “Red Monday, Green Week”Bitcoin (BTC) fell to $65,066 on Bitstamp, nearly matching its one-month low on June 14, according to data from Cointelegraph Markets Pro and TradingView.The weekend’s modest gains were not maintained during the first Asian trading session of the week as US markets continued to remain sluggish.Source: RagerPopular trader Jelle warned in one of the day’s posts on“Red Monday, Green Week?”BTC/USD chart. Source: Jelle/XTraders had various support levels in mind, which extended…
As cryptocurrency asset prices fell, greed remained dominant. BTC remained below support levels. The recent decline of major cryptocurrency assets such as Bitcoin (BTC) and Ethereum (ETH) has shocked the cryptocurrency industry. While traders are closely monitoring price trends, the Fear and Greed indices indicate that sentiment remains positive for now. Fear and greed index still positive Analysis of the Crypto Fear and Greed Index shows that optimism remains despite the decline in the prices of most cryptocurrencies. The index currently shows a greedy state with a viewership rating of about 64%. However, analysis of Coinglass charts shows that the…
join us telegram A channel to stay up to date on breaking news coverage The market is experiencing significant activity, especially as a decision on the first wave of Ethereum ETFs approaches. Investors are eagerly anticipating positive results, hoping to capitalize on the bullish trend in cryptocurrencies. At the same time, the market is overflowing. New cryptocurrency launches, listings and pre-sales. This article comprehensively reviews various tokens and discusses their features, utility, and potential market viability. New cryptocurrency launches, listings and pre-sales today Laika AI integrates artificial intelligence and blockchain technology to provide decentralized intelligence solutions. At the same time,…
The Bitcoin network saw a significant decrease in average block size and transaction rate, and the price also fell to around $64,100.The decline in block size, a measure of the transaction data contained in each block, has meant a sharp decline in Bitcoin (BTC) blockchain activity, which hit a yearly low on June 7.This is a chart showing the average block size of the Bitcoin blockchain. source: Blockchain.comIn June, the network’s transaction per second (TPS) rate simultaneously decreased, indicating a potential decline in miner profitability due to lower activity and lower BTC block rewards.Related: Oil land buyer LandBridge gave a…
digital asset market It recorded gains during the European morning hours. Ether recovers $3,500. ETH is up more than 4% in the last 24 hours and is trading at $3,540 at the time of this writing. The CoinDesk 20 Index (CD20) rose about 1.6%. DOGE is up nearly 3.5% after Tuesday’s slump, while fellow meme coin SHIB is also up more than 3%. Bitcoin remains stable, trading around $65,400, up 0.2% from 24 hours ago. U.S. spot Bitcoin ETFs experienced additional outflows worth $152.4 million on Tuesday.
Ethereum-based NFT collectibles like Pudgy Penguins and Bored Ape Yacht Club are on the decline after Blur farmers voiced their opinions. The scenario appears to be no different in the case of competitions. For example, DeGods are down 32%, while Azuki is down around 15%. CryptoPunks is also down 13%, reminiscent of where it was trading at the end of last year. NFT marketplace Blur took part in an airdrop farming scheme that brought users in for rewards, which was removed and boosted by Blast. According to traders, this will be similar to the upcoming token belonging to the Blast…
Wasim Ahmad Wasim is a serial entrepreneur with 5 exits and an advisor in the field of AI, blockchain, cryptocurrency and crypto solutions. At Vault12, he led private and public fundraising efforts and is currently focused on expanding the Vault12 ecosystem. His cryptocurrency experience began at AlphaPoint, where he worked with the founding team to launch the world’s first cryptocurrency trading exchange. Previously, he launched Identity-Based Encryption (IBE), a breakthrough in public key cryptography, and founded Voltage Security, a Stanford University spin-off that pioneered the use of sophisticated data encryption to protect sensitive data in payment systems around the world.…
TDLR Uniswap Labs has acquired Crypto: The Game on its native blockchain. This acquisition reflects the game’s increasing value to the cryptocurrency community. Gaming platforms like Galaxy Fox benefit from high interest. Uniswap Labs, the team behind popular decentralized exchange Unisiwap, has acquired Crypto: The Game. The game is on a native layer-2 blockchain and has become one of the most popular decentralized applications in recent months. The growth of blockchain gaming reflects the overall sophistication of the industry. It is no longer the binary sector of crypto asset trading. Aspects such as games and other forms of utility reflect…
While Bitcoin bears argue on the spot bitcoin BTC +0.34% An exchange-traded fund deal is “done,” but two key elements are missing, according to analysts at research and brokerage firm Bernstein.The debate over Bitcoin ETF trading centers around initial allocations led by retail investors, with institutional involvement limited to basic “cash and carry” transactions rather than net long positions. This means that ETF flows are not “real.” Gautam Chhugani and Mahika Sapra wrote a note to their clients on Tuesday.Bernstein analysts noted that institutional holdings in the spot Bitcoin ETF were only 22%, according to a recent 13F filing, and…