Tag: News

South Korea to allow institutional investors to trade crypto: report

South Korea considers easing restrictions on corporate crypto trading, with plans to gradually issue real-name accounts to institutional investors. South Korea is set to allow corporations to invest in cryptocurrencies as the Financial Services Commission is considering a gradual approach…...
Read More

Bitcoin’s outlook faces headwinds amid stronger dollar: Matrixport

Bitcoin may face short-term pressure as tightening global liquidity, following the Trump re-election, suggests a potential pause in price gains, analysts warn. Crypto investors should get ready for a short-term slowdown as global liquidity tightens, Matrixport, Asia’s blockchain analysis hub,…...
Read More

Asia-Based Crypto Firm HashKey Secures VASP Approval In Ireland—Details

HashKey Group, a prominent Asia-based cryptocurrency financial services firm, has successfully obtained Virtual Asset Service Provider (VASP) registration approval from the Central Bank of Ireland through its European arm, HashKey Europe Limited (HEL). This milestone marks a significant step in HashKey’s global expansion strategy, as it is “HashKey Group’s...
Read More

Could Plunging Treasury Yields Be Why BTC Price Slumped Tuesday?

Rising Treasury yields as a result of falling bond prices Tuesday knocked tech stocks in the Nasdaq Composite down nearly 2%. Aside from BTC, Ethereum fell nearly 8%, Ripple dropped by 6%, and Solana slumped by nearly 10% in the 24-hour window. BTC Price Retraces Jan 6 Bump on...
Read More

US Bitcoin Miners Hoard Apex Crypto To Shield Against Rising Expenses — MARA, Riot Replicate MicroStrategy’s Playbook

Leading Bitcoin (CRYPTO: BTC) miners in the U.S. are accumulating BTC as a buffer against growing competition and narrowing profit margins. What Happened: Firms including MARA Holdings Inc. (NASDAQ:MARA), Riot Platforms Inc. (NASDAQ:RIOT), and CleanSpark Inc. (NASDAQ:CLSK) have leveraged Bitcoin’s soaring price, which hit $100,000 last month, to raise over $3.7 billion since November,...
Read More