The crypto market continued to exhibit weakness on Tuesday morning, broadly following a tech selloff across U.S. equities and a correction in the price of precious metals. Bitcoin trades at $68,000, down 1.25% since midnight UTC, while Nasdaq futures and gold lost 0.55% and 2.4%… Read More
HONG KONG — Oleg Ogienko, A7A5’s director for Regulatory and Overseas Affairs, is looking to debate anyone who accuses him of breaking any compliance laws through his stablecoin company. Speaking to CoinDesk during Consensus Hong Kong, the public face of the Ruble-denominated stablecoin issuer A7A5… Read More
Hong Kong’s Securities and Futures Commission (SFC) granted a crypto license to Victory Fintech (VDX), an affiliate entity of publicly listed financial services firm Victory Securities (8540). Victory won permission to operate a digital asset trading platform on Friday, according to the SFC’s registry of… Read More
Bloomberg Intelligence macro strategist Mike McGlone said Monday that collapsing crypto prices may signal broader financial stress, warning bitcoin could revert toward $10,000 and potentially foreshadow the next U.S. recession. In a post on X, McGlone also said the long-standing “buy the dip” mentality that… Read More
Crypto markets are deep red on Monday, with industry leader bitcoin sliding lower before a packed week of economic data. At press time, bitcoin BTC$68,470.69 traded near $68,200, down nearly 3% over 24 hours, with XRP XRP$1.4745, ether ETH$1,967.90, DOGE$0.1025 registering much bigger losses. Losses… Read More
Apollo Global Management (APO) is moving deeper into crypto, striking a deal that could make the $938 billion asset manager a major token holder in a decentralized lending platform. The firm signed a cooperation agreement with the Morpho Association, the French non-profit organization behind the… Read More
