Yorg Healer December 5, 2024 08:52 The Hong Kong Monetary Authority (HKMA) announced the results of a successful bid for five-year RMB HKSAR government bonds, with a bid ratio of 3.03 and an annualized yield of 2.255%. The Hong Kong Monetary Authority (HKMA), on behalf of the Hong Kong Special Administrative Region Government (HKSAR Government), has recently released the results of its five-year maturity RMB agency bond bidding. According to a report by the Hong Kong Monetary Authority, the tender held on December 5, 2024, offered RMB1 billion worth of bonds under the Infrastructure…
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Felix Pinkston December 8, 2024 07:37 ElevenLabs launches GenFM, an innovative AI tool that allows users to create podcasts with AI co-hosts. This tool simplifies podcast production and expands accessibility for creators. ElevenLabs, a leader in AI-based audio solutions, has unveiled a groundbreaking tool called GenFM, designed to transform the podcast creation process. This innovative feature integrated into the Project platform allows users to create podcasts with life-like AI voices, significantly lowering the barrier to entry for aspiring podcasters. AI-based podcast production According to ElevenLabs, the GenFM tool allows users to create engaging audio…
Prices soared on Friday after leading cryptocurrency exchange Binance made two low-cap altcoins available for trading on its platform. Binance has launched trading services for interoperability protocol ACX (Across) and Solana (SOL)-based decentralized exchange (DEX) Orca (ORCA). Both platforms’ native tokens saw massive gains on Friday, with ACX up nearly 88% and ORCA up nearly 80%. According to CoinGecko, this marked the biggest gain among the top 1,000 tokens by market capitalization on the day. Across aims to be “a new paradigm in the cross-chain experience” and is powered by cross-chain intents, an order type where users specify the outcome…
Uniswap (UNI) is holding steady above $17 after successfully breaking this level. With bulls holding on to this important support level, speculation is rising as to whether this could be the calm before the bullish storm. Since market sentiment remains bullish, this analysis examines UNI’s current price action by evaluating technical indicators to determine if UNI can gain enough momentum for a breakout rally. Could this stabilization period set the stage for further upside? Let’s take a look at the technical setup and market dynamics shaping this pivotal moment for Uniswap. Uniswap integration steps and market signals analysis UNI price…
Jessie A. Ellis December 5, 2024 09:10 The Hong Kong Monetary Authority announced the results of its one-year RMB Treasury bond bid, reporting strong bid-to-bid ratios and competitive yields. HKMA conducts successful bond bidding The Hong Kong Monetary Authority (HKMA), which represents the Hong Kong Special Administrative Region (HKSAR), recently announced the results of its one-year RMB agency government bond bidding. Held on December 5, 2024, the event saw significant investor interest and competitive pricing as part of its infrastructure bond program, according to the Hong Kong Monetary Authority. Bidding Details Bonds worth 1.5…
join us telegram A channel to stay up to date on breaking news coverage Currently, the Memecoin market is buzzing, recording $136.09 billion, up 6.49% based on 24-hour trading volume. As December approaches, certain meme coins are gaining attention as major investment opportunities. Dogecoin, SafeMoon Inu, and Bonk are leading the way, each boasting unique characteristics and community-driven models that position them for potential growth. In this article, we examine these trending coins to examine their market performance and investment potential for those looking to capitalize on this dynamic sector. Popular Meme Coins You Can Buy Now With the memecoin…
Bullish expectations are high for Uniswap this cycle. Network metrics are well below 2021 highs, suggesting further growth is possible. At press time, Uniswap (UNI) appeared to be showing strong bullish confidence. It’s up 97% since November 20th while also breaking several key resistance levels. Open interest also rose 12% in 24 hours. This is a sign of optimism. According to technical and on-chain indicators, Uniswap is currently in a strong upward trend. And further gains are expected in the coming months. This is despite the UNI price being at $44.9 in May 2021, still 61% below its all-time high.…
Darius Varu December 5, 2024 09:35 Binance announced that it is adding new trading pairs and trading bot services to its platform, improving user experience and expanding trading options. New Trading Pairs on Binance SpotIn a recent announcement, leading cryptocurrency exchange Binance revealed plans to expand its trading options by introducing new trading pairs on Binance Spot. According to Binance, the new pairs include CHZ/USDC, PYTH/USDC, RSR/USDC, RSR/FDUSD, W/USDC, and XTZ/USDC. Trading for this pair is scheduled to begin at 08:00 (UTC) on December 6, 2024. This move aims to improve the trading experience…
Altcoin markets have seen significant gains since Donald Trump’s US presidential election victory, but a venture capitalist has warned that short-term changes are likely as institutional investors increase profit-taking activity.But not all traders agree.“We are currently considering the replacement season closed,” Felix Hartmann, managing partner at Hartmann Capital, said in a December 7 X post.VCs ‘will start clipping more aggressively’“Traders can remain irrational, but we’re at a point where teams and VCs are starting to clip more aggressively,” Hartman said.“When momentum is waning, you might have to pull out the lever and look at the murderer,” Hartmann said. He said…
just alvin December 5, 2024 10:13 The Hong Kong Monetary Authority has launched a public consultation on proposed amendments to the Banking Ordinance to strengthen the regulatory framework and enhance banking stability. The Hong Kong Monetary Authority (HKMA) has launched a public consultation on proposed amendments to its banking bylaws, according to the HKMA. The plan aims to respond to the changing banking regulatory environment and ensure that Hong Kong’s financial system remains robust and resilient. Review Purpose Taking into account rapid developments and international regulatory trends, the HKMA’s review focuses on updating the…