Crypto News Center

Hong Kong Accelerates Crypto Licensing with Approval of 4 New Exchanges

Hong Kong’s Securities and Futures Commission (SFC) has approved licenses for four new crypto exchanges: HKbitEX, Accumulus, DFX Labs, and EX.IO. These approvals bring the total number of licensed exchanges under Hong Kong’s regulatory framework to seven, joining previously authorized platforms OSL, HashKey, and HKVAX. A Robust and Transparent Licensing Framework The SFC launched its virtual asset trading platforms (VATPs) licensing regime in June 2023 to provide a secure and...

El Salvador Unveils Bold Bitcoin Strategy Shift in $1.4B IMF Deal

You are here: Home / News / El Salvador Unveils Bold Bitcoin Strategy Shift in $1.4B IMF Deal Key Takeaways El Salvador will make Bitcoin merchant acceptance voluntary and reduce public sector engagement with Bitcoin. A $1.4 billion loan agreement with the IMF includes extensive economic reform measures. The government plans to unwind involvement in the Chivo wallet to align with IMF policy. El Salvador, the first country to adopt...

Bitcoin Miners Expand Holdings: Hut 8's Reserve Tops $1 Billion

Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 Executive Interview with Naaem Aslan | Zaye Capital Markets | FMLS:24 🔍 Dubai’s Rise as a Global Business Hub: Insights from Naeem Aslam In this interview, Naeem Aslam, discusses Dubai's growing significance as a global business and...

Is The Crypto Bull Run Over? Top Exec Discusses The Market Crash

The broader crypto market experienced a pronounced downturn following yesterday’s Federal Open Market Committee (FOMC) meeting, held on December 18. After the US Federal Reserve delivered a 25-basis-point rate cut as anticipated, it also signaled fewer cuts in 2025 than previously expected. In response, the Bitcoin price fell by more than 5%, dropping below the $100,000 mark before showing slight signs of recovery. Altcoins saw across-the-board double-digit percentage declines. The...

Hut 8 Joins $1 Billion Bitcoin Reserve Club With $100 Million BTC Purchase

Hut 8’s strategic bitcoin reserve of over 10,000 BTC has been achieved through low-cost production and strategic at-market purchase. 990 Bitcoin Purchase Pushes Hut 8’s Holdings Past $1 Billion Net Worth Hut 8, one of North America’s largest bitcoin miners has announced the purchase of 990 BTC at an average cost of $101,710 per bitcoin. This recent purchase of almost a $100 million worth of BTC has raised Hut 8’s...

Ethena (ENA) Defies Altcoin Bloodbath, Shines as Top Gainer 

ENA, the native token of the decentralized finance (DeFi) protocol Ethena, has become the top altcoin gainer in the past 24 hours, recording an 8.50% price increase. This milestone is particularly notable as it comes during a broader crypto market downturn, during which many altcoins have suffered double-digit losses. Here’s a closer look at why ENA is outperforming its peers and what could be next for the token. Why Ethena...

Next Crypto to Explode – XRP’s December 20 Prediction and 6 Hidden Gems to Watch

You are here: Home / News / Next Crypto to Explode – XRP’s December 20 Prediction and 6 Hidden Gems to Watch Ripples CEO, Brad Garlinghouse aired on December 8, stating XRP’S league with SEC and its prospects in the crypto market. Based on bullish trend and market analysis, XRP could reach $3 by the end of 2024. Though XRP continues to seamlessly evolve with challenges on the battlefield, there...

A short-term correction is indicated for Bitcoin, Ethereum, and Ripple: Can a major trend shift follow?

Journalist Posted: December 19, 2024 Share this article BTC, ETH, and XRP defended crucial short-term support levels.  Will they bounce back to their new highs ahead of Christmas?  On Wednesday, 18th of December, the US Fed made another 0.25% interest rate cut, but its 2025 hawkish projection triggered Bitcoin’s [BTC] decline to $100K.  During the same trading session, Ethereum [ETH] dropped 6.8% while Ripple [XRP] dumped 10%. All the major...

El Salvador Amends Bitcoin Law in $1.4 Billion IMF Fund Deal

El Salvador has reached a staff-level agreement with the International Monetary Fund (IMF) for a $1.4 billion Extended Fund Facility (EFF) arrangement. The 40-month deal aims to address the country’s fiscal challenges while supporting economic reforms and long-term growth. El Salvador’s IMF Deal Includes Bitcoin, Tax, and Fiscal Reforms As part of the agreement, El Salvador will amend its Bitcoin Law to make Bitcoin acceptance voluntary rather than mandatory for...

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

PRESS RELEASE. XRP Healthcare (XRPH) is transforming healthcare through blockchain, AI, and real-world solutions. Built on the XRP Ledger, XRPH uniquely combines scarcity, innovation, and utility to address global healthcare challenges. With a fixed total supply of 100 million tokens and its issuing account black-holed, no additional tokens can ever be created. This ensures long-term scarcity and value-driven growth. Over half of the total supply is already in circulation, with...