Hong Kong’s Securities and Futures recently changed its rules to allow certain entities to offer crypto staking in a bid to make the city a Web3 hub. Huaxia Fund is set to launch staking services on its Ether exchange-traded fund (ETF), making it the second in Hong Kong. OSL Digital Services (OSL) will provide custody...Continue Reading

Historical data shows Bitcoin price rallying within 150 days of gold hitting new all-time highs. The price of gold surged to a new all-time high of $3,357 per ounce on April 17, igniting speculation on whether Bitcoin (BTC) would follow. In 2017, Bitcoin rallied to $19,120 after gold witnessed a 30% hike a few months...Continue Reading

Traders expect Bitcoin price to benefit from global stimulus, a weaker US dollar, and BTC’s decoupling from equities. Key points:  Monetary stimulus in China and Europe increases investors’ focus on Bitcoin price. The US Federal Reserve is under political pressure to cut rates, as the DXY weakens. Read moreContinue Reading

Converge will allow both permissioned and permissionless projects to build on the tokenized real world asset-focused blockchain network. Ethena Labs, the developer of the USDe synthetic dollar (USDe), and financial technology company Securitize, released a preliminary roadmap for their upcoming Converge network, a high-throughput blockchain focused on real-world assets and decentralized finance (DeFi). According to...Continue Reading

The new proposal allows validators to vote on multiple deflation rates and uses the weighted average as the outcome. Crypto research firm Galaxy Research has made a proposal to adjust the voting system that decides the outcome of future Solana inflation following the failure to come to a consensus in a previous vote. On April...Continue Reading

The Federal Reserve has traditionally operated independently in setting monetary policy, but US President Donald Trump has signaled a desire to challenge that longstanding convention. US President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell, accusing him of being too slow to cut interest rates and escalating a long-running conflict that risks...Continue Reading

Arizona’s Strategic Digital Assets Reserve Bill is one vote away from hitting Governor Katie Hobbs’ desk, though she has been recently vetoing bipartisan bills. One of Arizona’s crypto reserve bills has been passed by the House and is now one successful vote away from heading to the governor’s desk for official approval. Arizona’s Strategic Digital...Continue Reading

As XRP outpaces most altcoins against Bitcoin, a new Cointelegraph video explores what is driving its price action and whether the momentum can last. Over the past year, most altcoins have struggled to keep up with Bitcoin, but one project is breaking away from the pack: XRP. While other tokens have stagnated or slid, XRP...Continue Reading

Jernej Vrtovec, the representative of the New Slovenia opposition party, has slammed the proposal over fears it will stifle crypto growth in the country. Slovenia’s Finance Ministry is considering a possible 25% tax on crypto trading profits for residents in the country under a new draft law now open for public consultation.  The bill proposes...Continue Reading

Bitcoin’s realized cap hit a record $872 billion, but slowing growth, profit-taking, and underwater short-term holders suggest the market remains risk-off. Bitcoin’s (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors’ lack of enthusiasm at BTC’s current price levels. In a recent X post, the analytics...Continue Reading