Crypto

The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities introduced additional measures to protect retail investors, restricting their access to what they describe as “complex products.” Hong Kong Updates…

Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top 100 holders. Aave and Compound Emerge as Leading Holders of Wrapped Bitcoin As of October 22, 2023, there…

PRESS RELEASE. October 22nd, 2023 — Bitcoin.com, a global leader in introducing newcomers to cryptocurrency, is thrilled to announce the launch of an innovative campaign aimed at enhancing liquidity and trading volumes for the VERSE/USDT trading pair on KuCoin. This strategic campaign will be executed in partnership with Hummingbot, the foremost open-source market making bot. Structured around…

Bitcoin traded around the $30,000 region to start the weekend, as markets remained optimistic that an ETF approval could be looming. This has been the topic of the week, with many speculating how high crypto markets could surge on such potential news. Ethereum slipped from Friday’s peak. Bitcoin Bitcoin was hovering marginally below the $30,000 level on Saturday as a section of bulls looked to…