Hong Kong Recognizes Bitcoin, Ethereum as Asset Proof for Investment Immigration

Hong Kong Recognizes Bitcoin, Ethereum as Asset Proof for Investment Immigration

Hong Kong has approved cryptocurrency as proof of assets for investment immigration applications for the first time, marking a significant milestone in the region’s financial policy, according to news site WuBlockchain. Two recent cases, one involving Bitcoin and the other Ethereum, have successfully met the HK$30 million (US$3.8 million) asset requirement under the New Capital…

Trump Media Announces Plans for Crypto, “America-First” ETFs

Trump Media Announces Plans for Crypto, “America-First” ETFs

Trump Media & Technology Group (TMTG) has announced plans to launch a series of exchange-traded funds (ETFs) under its new Truth.Fi brand. The investment vehicles will focus on “America First” values, incorporating U.S.-based blockchain projects such as XRP, SOL, LINK, AVAX, and others, TMTG said in an announcement on Friday. The company is also planning…

HashKey Wins Hong Kong Approval to Offer Crypto Account Services to Professionals

HashKey Wins Hong Kong Approval to Offer Crypto Account Services to Professionals

HashKey has been granted approval to offer discretionary account management services for virtual assets (VA) to professional investors in Hong Kong. According to a blog post, Hong Kong’s Securities and Futures Commission (SFC) approved HashKey to manage tailored investment products, including spot crypto investments and derivatives under the existing type 9 license. This allows the…

DOGE whale transactions fell by more than 70%; bearish move ahead

DOGE whale transactions fell by more than 70%; bearish move ahead

Dogecoin price continues to trade lower to $0.24 after falling more than 7% the previous week. The technical outlook suggests a further correction as RSI and MACD indicators signal bearish divergences. Santiment data shows that DOGE whale transactions are falling, indicating weakness. Dogecoin (DOGE) continues to trade down around $0.24 after falling more than 7%…

Brazil Stock Exchange to Launch Crypto Products, Central Bank Pushes For Regulation Amid Stablecoin Surge

Brazil Stock Exchange to Launch Crypto Products, Central Bank Pushes For Regulation Amid Stablecoin Surge

Brazilian stock exchange B3 is reportedly introducing new crypto products while the country’s central bank pushes for more regulation. According to Coindesk, B3 will launch Bitcoin options as well as Ethereum and Solana future contracts in 2025. The move follows the introduction of Bitcoin futures contracts to the exchange last April, attracting $860 million in…

BTC, ETH and XRP are headed for further drops

BTC, ETH and XRP are headed for further drops

Bitcoin price continues to edge lower, trading below $96,000 on Monday. Ethereum price fell below $2,600 after losing nearly 9% the previous week. Ripple faced rejection around the $2.72 daily resistance; further correction on the cards. Bitcoin’s (BTC) price continues to edge down, trading below $96,000 on Monday after declining the previous week. Ethereum (ETH)…

Crypto Weekly (03/02 – 09/02): The Market Holds Its Breath for News from Trump, CZ Shills Memecoin

Crypto Weekly (03/02 – 09/02): The Market Holds Its Breath for News from Trump, CZ Shills Memecoin

1. Crypto Market Last Week Last week, Bitcoin unexpectedly experienced a significant correction down to the level of 91,300, causing the largest liquidation in the cryptocurrency market, with the amount liquidated reaching up to $2.75 billion. Experts even suggest that this figure could rise to $10 billion, surpassing both the LUNA and FTX events. Following…