Hong Kong Asia Holdings’ board approved expanding Bitcoin investments, increasing their total holdings to 8.88 BTC using internal funds.Hong Kong’s government unveiled a new roadmap to strengthen its position as a global virtual asset hub with enhanced regulations and financial services. The plan by Hong Kong Asia Holdings to expand its Bitcoin reserves has piqued...
The US Securities and Exchange Commission (SEC) is reported to have shown a strong interest in staking as they request information on its types and benefits.This is reported to be a huge step from the previous perception that staking-related activities flout securities rules. In a recent update, we disclosed that the US Securities and Exchange...
The ECB’s two-phase DLT integration plan could reshape financial markets, bridging traditional banking with blockchain technology.Central banks’ growing adoption of DLT may influence cryptocurrency regulations and investor sentiment toward Bitcoin and Ethereum. An earlier CNF report revealed that the European Central Bank (ECB) has played a crucial role in shaping Central Bank Digital Currencies (CBDCs),...
With Japan’s inflation expected to stay around 3% in the first half of the year, the crypto market could face significant challenges.Analysts note that Bitcoin has struggled to reach new highs after hitting $109,000, with demand declining significantly. The crypto market is facing growing uncertainty as concerns over a yen carry trade unwind intensify. Japan’s...
Trump’s Fort Knox audit promise has reignited skepticism over missing gold, fueling Bitcoin’s appeal as a transparent alternative.Musk’s push for a live-streamed inspection of Fort Knox challenges decades of secrecy, sparking debate on financial trust. Elon Musk ignited debate by questioning whether Fort Knox still holds its reported $425 billion gold reserve. His concerns gained...
Coinbase has proposed a six-point framework to address the U.S.’s crypto regulatory gaps.The lack of clear laws risks pushing innovation offshore and leaves consumers unprotected. The U.S. crypto ecosystem has weakened in a net of regulatory confusion, leaving both innovators frustrated and consumers helpless. One of the major crypto platforms, Coinbase, took a big step...
Bitcoin’s price started the year strong at $102,488 but experienced a downturn to $91,000 before slightly recovering to $96,390 recently.Despite volatility, analysts predict a significant Bitcoin rally in Q1 2025, potentially reaching $139,633 by March, driven by historical trends and institutional investment. At the start of the year, Bitcoin hit $102,488, sparking hopes of an...
CryptoQuant CEO Ki Young Ju believes Bitcoin will not enter a bear market in 2025, even with a 30% correction from its peak.Institutional adoption and ETF inflows support Bitcoin’s ongoing bull cycle, while altcoin strength hints at a potential shift in market dynamics. The crypto market has continued to attract attention this year, especially with...
Coinbase CEO Brian Armstrong recently stirred controversy on X by suggesting that Bitcoin, given its growing popularity, could be considered a meme coin.Armstrong admitted that while he doesn’t actively trade meme coins, he recognizes their cultural and technological significance, comparing them to early internet trends. In a statement that has sparked intense debate within the...
Bitcoin-focused financial services firm Fold Holdings is seeking a Nasdaq listing under the ticker symbol “FLD” to enhance transparency and access to institutional capital.Fold’s platform has facilitated over $2.5 billion in transactions and attracted 600,000 customers. Its vision includes integrating BTC rewards into daily financial transactions. Fold Holdings, Inc., a Bitcoin-focused financial services firm, has...