Former BitMEX CEO Arthur Hayes is optimistic about Bitcoin's future, suggesting it has reached a local bottom and will gradually rise over the next few months. In a blog post on May 3, Hayes commented on the recent market...
After a sustained period of consecutive price gains and reaching new all-time highs (ATHs), Bitcoin (BTC) experienced a setback in its momentum, with its price dropped to as low as $67,000 on Friday, March 15, 2024. Bitcoin's recent surge,...
If you've ever attempted to sell your cryptocurrency assets or convert them into traditional fiat currencies, you'd probably be conversant with the term 'crypto off-ramps.' Crypto off-ramps allow users to exchange their crypto assets for fiat currency, which can...
Hong Kong-based crypto group HashKey has introduced its first secondary crypto market fund. The fund, launched on September 1, 2023, is set to focus on investments in altcoins. Jupiter Zheng, the portfolio manager at HashKey Capital, the group's investment...
Digital currencies emerged as an alternative to traditional fiat, with the goal of exploring new financial opportunities, lowering transaction costs, and promoting financial inclusion. However, early forms of digital currencies, like e-gold, faced challenges in solving the double-spending problem,...
Advancements in technology have given rise to alternative approaches in various areas, including the financial market. One such new approach in the financial industry is the tokenization of securities. While tokenized securities have been around for some time, it...
The Indonesian government is making progress in its efforts to establish a national cryptocurrency exchange. According to a local report, Indonesia's Commodity Futures Trading Supervisory Agency (CoFTRA), also known as Bappebti, is set to establish the country's inaugural cryptocurrency...
According to a recent Wall Street Journal report, Binance, the world's largest cryptocurrency exchange, had attempted to hire Gary Gensler as an advisor in 2018 in order to avoid regulatory scrutiny in the United States. Notably, this strategy was...
