Emory University Discloses $16M Bitcoin Investment in Grayscale ETF
Emory University, based in Atlanta, has made headlines by revealing its investment in the Grayscale Bitcoin Mini Trust and Coinbase. This move has positioned Emory as the first endowment to publicly disclose its investment...
FTX and Bybit Reach $228M Settlement, Marking End of Epic Liquidation
FTX, a global exchange that faced bankruptcy, has recently secured a significant cash settlement of over $200 million from the crypto exchange Bybit. This influx of funds will contribute to the approved FTX dispersal...
Dogecoin Surges 10% on Trump Popularity, Bitcoin Approaches $70K
Bitcoin (BTC) has seen a significant increase, reaching a three-month high of $70,000 and coming close to its all-time high of $73,700 from last March. In the past 24 hours, BTC has risen by...
Bitcoin Adoption Surges Among Younger Generations: VanEck Study
Bitcoin adoption is on the rise, especially among younger generations, according to a recent study by VanEck. Matthew Sigel, the head of digital assets research at VanEck, compared this trend to the gaming industry,...
HKMA Collaborates with Brazilian Central Bank for Cross-Border Tokenization Test
The Hong Kong Monetary Authority (HKMA) recently announced a new collaboration with Banco Central do Brasil (BCB) to further advance cross-border tokenization initiatives. This partnership aims to explore payment and delivery systems for trade...
Bitcoin Volatility Forecast: ‘Trump Trade’ and Q4 Seasonality Convergence – Bitfinex
Bitcoin is expected to see a lot of ups and downs in the coming weeks as a result of a combination of factors, including the upcoming US elections, the "Trump trade" narrative, and the...
Tax Benefits for Cryptocurrency Investments in Hong Kong
Virtual assets are potentially on track to receive new tax benefits in Hong Kong, according to Christopher Hui, the city's Secretary for Financial Services and the Treasury. This announcement was made during Hong Kong...
The Impact of US Government Regulation on Tether: Insights from Paolo Ardoino
As crypto giant Tether faces increased scrutiny, CEO Paolo Ardoino shared with CoinDesk that the company is committed to complying with international sanctions and working closely with law enforcement. However, he acknowledged that Tether...
Establishing a Consultative Panel for Licensed Crypto Exchanges in Hong Kong
The Hong Kong Securities and Futures Commission (SFC) is taking steps to establish a consultative panel for licensed cryptocurrency exchanges in the city. Eric Yip, the SFC's Executive Director, Intermediaries, announced this plan during...
Bitcoin Price Surge Driven by Rising Leverage Trading
Bitcoin's recent surge in price, reaching over $69,000, has been largely attributed to the rise in leverage trading. Leverage trading involves using borrowed funds to increase potential returns on investments, allowing traders to control...