Hong Kong has approved cryptocurrency as proof of assets for investor immigration, recognizing bitcoin and ethereum holdings in two cases under its HK$30 million residency requirement. Crypto as Proof of Wealth? Hong Kong Is Leading the Way Hong Kong has reportedly accepted cryptocurrency as proof of assets for investment immigration applications. Accountant Xiao Yaohe confirmed […] Source CryptoX Portal
Day: February 9, 2025
Recent Crypto Dip Shows Decline May Be Over
Este artículo también está disponible en español. Altcoins are showing signs of strength as the cryptocurrency market begins to recover from a significant correction in February. This rebound has pushed the total crypto market cap upward after bouncing off the $3 trillion mark on February 2. Related Reading Notwithstanding, this correction saw the altcoin market cap dip massively after a rejection at $425 billion. However, a key observation from crypto analyst Rekt Capital noted that despite the rejection from this significant resistance level, the pullback in altcoin market capitalization is…
Arthur Hayes Warns of Bitcoin Crash if US Creates Strategic BTC Reserve
A U.S. bitcoin strategic reserve would be a ticking time bomb, warns Arthur Hayes, predicting political manipulation, market chaos, and a government ready to dump BTC at will. Arthur Hayes on the Dangers of a US Bitcoin Strategic Reserve Arthur Hayes, former CEO of crypto exchange Bitmex, published an essay on Feb. 5, where he […] Original
Bitcoin $100,000 Rejection Triggers Sell-Off
Este artículo también está disponible en español. Bitcoin attempt to sustain momentum above the highly anticipated $100,000 mark has faced stiff resistance, leading to a sharp pullback. Its rejection at this psychological level has fueled bearish pressure, pushing BTC into a corrective phase as sellers take control. Now, all attention turns to key support zones that could determine whether Bitcoin stabilizes or extends its decline. BTC might see a strong rebound if buyers step in at critical support levels, reigniting bullish momentum. However, a failure to hold above these zones…
Robert Kiyosaki: Bitcoin Is Safer Than US Dollar—He’s Buying More BTC
Bitcoin is the “smarter and safer” choice than the U.S. dollar, Rich Dad Poor Dad author Robert Kiyosaki says, predicting a market crash will push billions into BTC. Bitcoin Over US Dollar? Kiyosaki Declares It’s the Smarter, Safer Bet Financial educator Robert Kiyosaki, renowned for his best-selling book “Rich Dad Poor Dad,” continues to advocate […] Original
Crypto market turns red as US tariff threats linger: update
Cryptocurrencies were indeed under pressure Saturday, days after U.S. tariff threats triggered market turbulence. The market chaos follows President Donald Trump’s executive order on Jan. 31, imposing tariffs on imports from Mexico, Canada, and China. Although the tariffs on Mexico and Canada remain on pause, the move was enough to rattle investors and spark sell-offs across equities and digital assets alike. Adding to the turmoil, crypto markets have been flooded with over 700 fraudulent tokens capitalizing on Trump’s name, as reported by the Financial Times. The wave of scams has…
Top US Crypto Exchange Coinbase Adds Three New Altcoins to Its Listing Roadmap
Coinbase added three relatively new altcoins to its listing roadmap on Friday, putting the tokens on the potential path toward trading on the top US digital asset exchange. The firm could soon support Morpho (MORPHO), Popcat (POPCAT) and Pudgy Penguins (PENGU). Morpho is a decentralized lending protocol built on the Ethereum (ETH) blockchain. The project’s native token launched in June 2022 and is trading at $1.81 at time of writing. The 188th-ranked crypto asset by market cap is down nearly 2% in the past 24 hours. Popcat is a Solana…
Blackrock to Launch Bitcoin ETP in Europe as Institutions Dive Into Crypto
Blackrock is seeking to launch a bitcoin ETP in Europe, capitalizing on institutional demand after its U.S. bitcoin ETF amassed nearly $60 billion in assets. Blackrock Eyes Europe for Bitcoin ETP Amid Institutional Crypto Boom Blackrock, the world’s largest asset management firm, is reportedly preparing to introduce a spot bitcoin exchange-traded product (ETP) in Europe, […] Original
Dogecoin Whales Desert Market: Number Of $100,000 Transactions Nosedives 70%
The price of Dogecoin has been under significant downward pressure over the past week, and the latest on-chain data suggests that the meme coin might not experience relief any time soon. Dogecoin Price Overview As of this writing, the DOGE token is valued at around $0.246, reflecting a mere 0.5 decline in the past 24 hours. While the meme coin seems to have found formidable support around $0.23, there’s not been enough movement to ensure a comeback and wipe out some of the recent loss. CoinGecko data shows that the…