The Hong Kong Legislative Council has passed the Stablecoin Bill in its third reading, establishing a licensing regime for fiat-backed stablecoin issuers The Hong Kong Legislative Council has passed the Stablecoin Bill in its third reading, establishing a licensing regime for fiat-backed stablecoin issuers. The new law allows institutions to apply to the Hong Kong … Read more
Winz.io is back with another top-tier promotion, and this time the spotlight is on Immersive Roulette Deluxe. From now until May 30th, players can grab their share of a €100,000 prize pool spread over two exciting weeks of prize drops. If you enjoy roulette and a surprise cash win sounds good to you, this promo … Read more
PepeCoin has captivated the crypto world with its rapid, meme-fueled rallies, but can it ever reclaim the $0.001 level it flirted with in early cycles? According to long-term projections, PEPE could see a peak near $0.001 before 2030—roughly a 3× rise from more conservative short‑term targets of $0.000045 by mid-2025. However, such gains rely heavily … Read more
Bitcoin ETFs saw another bullish day with $329 million in net inflows, marking the 5th consecutive session of gains. Ether ETFs followed suit with a strong $64.89 million inflow, their 3rd straight day in the green. Bitcoin ETFs and Ether ETFs Stretch Streak With Significant Inflows On Tuesday, May 20, investor appetite for crypto exchange-traded … Read more
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, … Read more
Yield-bearing stablecoins have soared to $11 billion in circulation, representing 4.5% of the total stablecoin market, a steep climb from just $1.5 billion and a 1% market share at the start of 2024. One of the biggest winners is Pendle, a decentralized protocol that enables users to lock in fixed yields or speculate on variable … Read more
Bitcoin ($BTC) has again witnessed a groundbreaking development by breaking a notable price resistance. As per the new market data, Bitcoin ($BTC) has surpassed the $107,000 mark, shattering the former threshold on the top crypto exchange Binance. This remarkable price jump indicates the potential to attain new all-time high price levels. $BTC Price Surpasses $107K, … Read more
Space and Time crypto (SXT) has surged 30% overnight following yesterday’s news that the project will see its data integrated into Microsoft Fabric, the analytics arm for the tech giant. SXT Labs is already backed by M12, Microsoft’s investment wing, and its integration with Fabric will see Microsoft’s core developer platform leveraging fast and secure … Read more
Abu Dhabi-based Bold Technologies, a subsidiary of conglomerate Bold Holdings, has partnered with international artificial intelligence firm My Aion to launch a $2.5 billion smart city initiative aimed at transforming urban infrastructure through AI. The companies announced the development of a platform called Aion Sentia Cognitive City, which manages complex urban systems. The platform will … Read more
Australian Dollar (AUD) is likely to trade in a sideways range of 0.6400/0.6450 vs US Dollar (USD). In the longer run, outlook is mixed; AUD is likely to trade in a range between 0.6370 and 0.6480, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Outlook for AUD is mixed 24-HOUR VIEW: “Our … Read more