Alfred Yu

Hong Kong, 2023 – The highly anticipated 2023 Global Digital Mining Summit (WDMS) convened today in Hong Kong, attracting blockchain enthusiasts and experts from around the world. Wang XinXi boldly declared that Litecoin (LTC) has joined the ranks of the world's foremost digital payment currencies.

Citi Treasury and Trade Solutions (TTS) announces the creation and piloting of Citi Token Services for cash management and trade finance. The service uses blockchain and smart contract technologies to deliver digital asset solutions for institutional clients.

Despite a multi-year market slowdown, there are signs working in favor of the Web3 industry. Long-held claims about regulatory uncertainty have been validated and a major political win came in the form of a scathing rebuke of how the U.S. Security and Exchange Commission (SEC) is approaching crypto.

Bitcoin's 14-day RSI has breached the crucial 30-mark, plummeting into oversold territory. Many traders are tempted to see this as a bullish signal. However, contrary to popular belief, an oversold reading does not necessarily predict an immediate price reversal.

People are worried that prices might keep going up, which could affect risky investments like bitcoin. The CPI report coming out soon that will tell us about prices in July. If the report isn't too bad, investors might feel better about taking risks, like buying bitcoin.

Non-Custodial Wallet (Also known as "personal Wallet" when adding addresses) is a wallet where you have full control over your private keys and funds. You generate and manage the private keys yourself, often through an app, hardware device, or paper wallet.

The Financial Innovation and Technology for the 21st Century Act, passed with a 35-15 vote, establishes clear registration rules for cryptocurrency firms with the CFTC or SEC, reducing questionable lawsuits and providing clarity for the industry.

As the Litecoin halving draws near, the cryptocurrency's on-chain data reflects a surge in adoption and increasing interest from sizable investors. But beware of a possible short after this bull signal and invest wisely.

In a decisive response to the Treasury Committee's report on Regulating Crypto, the UK government has firmly disagreed with the recommendation to regulate "retail trading and investment activity in unbacked cryptoassets as gambling rather than as a financial service."

The latest Digital Asset Fund Flows Weekly Report from CoinShares showcases a substantial injection of $137 million into the crypto markets last week, marking the continuation of a four-week trend, with a noteworthy $742 million flowing into the markets during this period.

Jacobi Asset Management's bitcoin ETF, initially delayed due to market concerns, is now back on track for launch. The company cites a shift in demand and believes the timing is right. Europe's first bitcoin ETF is set to make its debut.

Standard Chartered predicts that the value of the leading cryptocurrency, Bitcoin, could reach $50,000 this year and $120,000 by the end of 2024.

BlackRock CEO Larry Fink wants to collaborate with regulators and address any concerns they may have regarding BlackRock's recent filing for a spot bitcoin exchange-traded fund (ETF). He believes that bitcoin, the largest cryptocurrency, serves as a digital version of gold.

These measures were introduced following a thorough public consultation conducted in October 2022, which received significant interest and feedback from a wide range of stakeholders. While there were diverse views on this proposal, MAS has decided to proceed with the restriction.

The complexities and technical aspects associated with acquiring and holding Bitcoin often prove intimidating to newcomers. This is where the concept of a Bitcoin ETF, or exchange-traded fund, comes into play.

The US Securities and Exchange Commission (SEC) has granted approval for the launch of the Volatility Shares Trust 2x Bitcoin Strategy ETF.

In the past 24 hours, the crypto market has been on a rollercoaster ride, liquidating a whopping 69,076 traders, sending $226.25 million down the drain. In contrast to the relatively weaker-in-performance stock markets.

In a significant move for the cryptocurrency market, BlackRock, investment behemoth, has recently filed an application with the Securities and Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF).

Hong Kong's banking regulator, the Hong Kong Monetary Authority (HKMA), is reportedly pressuring leading lenders, including HSBC and Standard Chartered, to onboard cryptocurrency exchanges as clients.

In contrast to the resilience of BTC, ETH, and XRP, several major altcoins, including Binance Coin (BNB), Cardano (ADA), Solana (SOL), and Polygon (MATIC), have witnessed substantial price declines of over 25%.

The SEC sued the two of the biggest players in the cryptocurrency market, accusing them of operating illegally and failing to register as a securities exchange, broker and clearing agency. Read to find out more about the speculated impact this will have on the industry.

A bill from Republicans, sponsored by Reps. Patrick McHenry and Glenn Thompson, aims to provide a clearer regulatory plan for crypto assets and exchanges. An overall positive sign for investors both in and outside the US.

Singapore's crypto market has significantly changed in the past few years. While some crypto firms have decided to leave the country due to stricter regulations, others have chosen to stay and thrive in the robust regulatory environment.

Investors have found themselves unable to withdraw funds after Fintoch moved the stolen 31.6 million USDT to different wallets on Tron/Ethereum, leaving investors with no access to their money.

Facebook-backed crypto project Libra, also known as Diem, will likely not see a resurgence with the collapse of Silvergate. The saga leaves a cautionary tale for investors to learn from.