Hong Kong’s financial regulators plan to crack down on over-the-counter (OTC) crypto trading activity in the city-state, according to a Bloomberg report. The report says that Hong Kong’s Financial Services and the Treasury Bureau earlier this month kicked off consultations focused on fighting fraudulent activity, terrorism financing and money laundering in the OTC crypto conversion …
Monthly archives: February 2024
Top Trader Says Solana-Based Memecoin Setting Up for ‘Much Larger’ Leg Up – Here’s His Outlook
A widely followed analyst and trader believes one Solana (SOL) ecosystem memecoin is gearing up for a major breakout. The analyst pseudonymously known as The Flow Horse tells his 202,800 followers on the social media platform X that dogwifhat (WIF) is on the verge of flipping a key resistance level at $0.42 into support and …
Leading Meme Coin $WSM Price Skyrockets 75% Intraday Ahead Of Wall Street Memes 100m Token Burn Event in Less Than 24 Hours – Don’t Miss Out!
Meme coin markets are exploding with excitement ahead of Wall Street Memes’ inaugural burn event tomorrow, with the $WSM price skyrocketing +75% as traders race […] Go to Source
VeBetterDAO: 2 New Tokens & Airdrop, VeChain’s Moonshot for Mass Sustainability Adoption
The leaders of enterprise blockchain project VeChain have made a landmark move to position their network at the forefront of global sustainability efforts. VeChain CEO Sunny Lu unveiled the new VeBetterDAO platform at Mobile World Congress 2024, marking the next evolution of VeChain’s commitment to enabling positive change through innovative blockchain solutions. TLDR VeChain has …
At $61,594 Bitcoin is at fair market price according to the power law model
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Adam Back doubles down on $100K before halving amid sustained market rally
Blockstream CEO Adam Back believes that Bitcoin (BTC) is on track to hit $100,000 per coin on or before the halving. Back reaffirmed his prediction in a series of tweets on Feb. 28 based on current trends and sentiments within the crypto market. With the halving event only 51 days away, Back’s projection has sparked …
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Senator Warren asserts desire for crypto collaboration while claiming industry accepts criminals
Senator Elizabeth Warren expressed willingness to engage the crypto industry if players in the industry adhere to regulatory standards akin to those in traditional finance. In a Feb. 27 Bloomberg interview, Warren said: “I want to collaborate with the industry, what I don’t understand is why the industry seems to be saying that they only …
Tron founder Justin Sun’s $1.6 billion wallet balance dominates HTX $4.9 billion reserves
Justin Sun, the founder of the Tron network, owns over a quarter of the assets on the HTX (formerly Huobi) exchange reserves, as revealed in a screenshot of his wallet balance disclosed on social media platform X (previously Twitter) on Feb. 27. Although the screenshot lacks a detailed breakdown of his portfolio, Sun’s total crypto …
Missing Bitcoin’s top 10 days a year could cost you all annual gains – Fundstrat
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Coca Cola HBC to use Solana-based ALL ART verification system for staff qualifications
Coca-Cola HBC, a leading bottling partner for the Coca-Cola Company, is leveraging blockchain technology to revamp its internal certificate verification process, partnering with Solana-based platform ALL.ART. Coca-Cola HBC has adopted a secure blockchain system for issuing and verifying employee qualifications obtained through its Coca-Cola Digital Academy training program. The move allows participants to receive and …
Bitcoin breaks $60k, now only 2% from highest monthly close in history
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Bitcoin’s Swift Climb Triggers Soaring Premium in South Korea During Worldwide Rally
On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher. In a Worldwide Bitcoin Frenzy, South Korea and 30+ …
Here’s the Upside Potential for Solana (SOL) in the Coming Crypto Bull Run, According to InvestAnswers
A popular crypto analyst is laying out the potential upside for Ethereum (ETH) competitor Solana (SOL). In a new YouTube video, the anonymous host of InvestAnswers notes to his 478,000 subscribers that Solana hit 20% of Ethereum’s market cap in December but has been outperformed by the second-largest crypto asset in the months since then. …
Bitcoin Price Shatters $60,000 As Elite Crypto Trader Warns ‘The Last Resistance’ Has Arrived
Bitcoin’s brute force bull run now has crypto traders eyeing a new all-time high. The leading crypto asset just shattered the $60,000 mark as an analyst who bought the bottom at $16,000 issues an alert to fellow traders. DonAlt tells his 516,000 followers on the social platform X that BTC is now facing its final …
Memecoin ‘Contagion’ Will Spread to One Dogecoin Rival, Says Crypto Trader – Here’s What He Means
A closely followed crypto strategist believes that one memecoin’s latest rally indicates a Dogecoin (DOGE) rival is about to soar. Pseudonymous analyst Inmortal tells his 206,500 followers on the social media platform X that dog-themed crypto asset Floki (FLOKI) is showing a similar pattern as DOGE rival Pepe (PEPE) before its recent rally. “FLOKI will …