Bitcoin Slips Under $30K, Ether Staking Tokens Take a Beating Ahead of Shapella Upgrade
Traders are likely taking profits ahead of Wednesday’s CPI report and Ethereum’s Shapella upgrade.Source
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Hong Kong Regulator Says DeFi Projects Could Face Regulatory Requirements
If DeFi activity falls within the scope of the Securities and Futures Ordinance, it will be subject to the same regulatory requirements as traditional financial activity, says SFC official.Source
Tron’s TRX Drops 6% as Binance.US Delists the Token
Binance.US says a variety of factors can lead to de-listing, including regulatory standing in the U.S. and unethical behavior.Source
First Mover Asia: Does Bitcoin at $30K Really Matter?
ALSO: Crypto exchange Bitget’s $100 million fund targeting Web3 comes as Hong Kong eases crypto regulations and a number of East Asian countries have been promoting crypto.Source
Metalpha Launches Grayscale-Based Digital Asset Fund
Metalpha’s Hong Kong-licensed fund will give investors exposure to Grayscale’s products, but also allow for withdrawals which is something currently missing for U.S. investors.Source
World Regulators Are Looking at DeFi
Decentralized finance (DeFi) is entering regulators’ crosshairs, but they don’t seem to be intent on taking it out – yet anyway. Instead a pair of reports from U.S. and French authorities seem more focused on understanding what sort of risks DeFi might pose to both users and the broader financial world, and whether there are […]
Bitcoin Holds Firm Above $30K, Ether Hovers Near $1.9K Ahead of CPI, Shapella Upgrade
Investors will be eyeing Wednesday’s U.S. Consumer Price Index for the latest reading on inflation and the Shanghai “hard fork.”Source
Aptos Bumps Ahead of $50M Token Unlock Which May Add Selling Pressure
In a planned move, around 0.5% of the total token supply will be unlocked on Wednesday.Source
Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K
Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.Source
Bitcoin Price Ticker Goes Live on China’s Douyin App
Beijing allowing bitcoin’s price to be displayed on one of the country’s largest social network platforms shows a growing acceptance of the asset class within the country.Source