Victory Securities is set to launch Hong Kong’s first SFC-approved virtual asset structured products.

Victory Securities is set to launch Hong Kong's first SFC-approved virtual asset structured products.

Victory Securities is poised to become the first licensed crypto broker in Hong Kong to offer cash-settled virtual asset structured products specifically for professional investors. In a press release on November 4, the firm revealed its intention to introduce these innovative products by the end of the year, having received approval from the Securities and […]

Singapore unveils frameworks to promote the commercialization of tokenization in financial markets.

singapore-introduces-frameworks-to-commercialize-tokenization-in-financial-markets

Singapore’s regulators are set to enhance tokenization efforts in response to the growing demand for tokenized assets in markets such as fixed income, foreign exchange, and asset management. In a November 4 announcement, the Monetary Authority of Singapore (MAS) outlined its plans to foster the commercialization of tokenized assets by developing market infrastructures, increasing liquidity, […]

Trump based cryptocurrencies rally over 100% ahead of election day

trump-based-cryptocurrencies-rally-over-100-ahead-of-election-day

Trump-themed political meme tokens have experienced a notable surge ahead of the upcoming U.S. elections, with some coins posting impressive gains of over 120% within just 24 hours. Notable tokens like MAGA Hat (up 28.31%), MAGA (TRUMP), Doland Tremp (up 5.05%), Super Trump (STRUMP), and TrumpCoin have all benefited from this rally, contributing to an […]

Kraken unveils broker offering in Australia for institutions

kraken-unveils-broker-offering-in-australia-for-institutions

Kraken, the U.S.-based cryptocurrency exchange, has announced an expansion of its offerings for Australian clients, particularly targeting eligible wholesale clients interested in crypto derivatives. This new service allows these institutions to gain exposure to cryptocurrency price movements without the need to hold the underlying assets directly. In a blog post on November 3, Kraken detailed […]

Investor interest in SUI is fading away after fall from ATH

investor-interest-in-sui-is-fading-away-after-fall-from-ath

Sui has been navigating a highly volatile market over the past month, with recent movements intensifying negative sentiment surrounding the asset. On October 14, Sui reached an all-time high of $2.36, coinciding with a significant bullish momentum in the cryptocurrency market. This upward trend was bolstered by several key factors, including the launch of MLS […]

Breaking! Pi Network’s Open Mainnet Launch is Just Around the Corner: Ushering in a New Chapter for Cryptocurrency

As Pi Network approaches a pivotal moment, the launch of its Open Mainnet promises to transform the cryptocurrency landscape. This landmark development marks a significant milestone for a platform that has garnered the attention of millions worldwide. A Landmark Moment for Pi Network After years of development and testing, the Open Mainnet launch signifies a […]

Bitcoin, Ethereum fall: Whales panic as market corrects

bitcoin-ethereum-fall-whales-panic-as-market-corrects

As October came to a close, Bitcoin and Ethereum faced challenges that fueled fear, doubt, and uncertainty among large holders. Bitcoin (BTC) dropped 1.75% in the past 24 hours, trading at $68,500 at the time of writing, with a market cap of approximately $1.35 trillion and a daily trading volume of $23 billion. Data from […]

BTC, EIGEN, KAS: Top cryptocurrencies to watch this week

BTC, EIGEN, KAS Top cryptocurrencies to watch this week

The market experienced significant fluctuations, with the global crypto market cap rising from $2.33 trillion to a three-month high of $2.5 trillion by mid-week, before settling at $2.38 trillion by the end of the week. Bitcoin led the upward trend, surging to retest the March 2024 all-time high above $73,000 before undergoing a major correction. […]

Bitcoin ETFs record total daily outflow of $54.94 million as BTC hovers at $69K

bitcoin-etfs-record-total-daily-outflow-of-54-94-million-as-btc-hovers-at-69k

As of November 1, the U.S. Bitcoin spot exchange-traded funds (ETFs) reported a notable daily outflow of $54.94 million, while Ethereum ETFs similarly faced a significant outflow of $10.93 million during the same period. Recent data provided by SoSoValue indicates that the U.S. Bitcoin spot ETFs recorded this outflow on November 1, resulting in a […]