Hong Kong’s SFC Issues Staking Guidance for Crypto Exchanges and Funds

The Securities and Futures Commission (SFC) of Hong Kong has issued new regulatory guidance for licensed virtual asset trading platforms (VATPs) and SFC-authorized virtual asset funds (VA Funds) regarding the provision and engagement in staking services. Recognizing the potential benefits of staking for enhancing blockchain security and allowing investors to earn yields, the SFC’s guidance […] Source

Rumors Burned Stocks but Nvidia (NVDA) Survived, AI Tokens Rally

Key Notes Rumors of a 90-day tariff pause brought short-lived gains to the US stock market. Despite the market-wide crash, Nvidia (NVDA) stock survived. AI-related tokens rallied on the back of Nvidia’s bullish momentum. Financial markets gained optimism on Monday, April 7, as the rumors of a 90-day tariff pause swirled following a massive crash on April 4. The bullish momentum for the US stocks was short-lived and didn’t even last one hour. At 10:10 AM ET, popular accounts on X started to share rumors of a potential 90-day tariff…

Here’s Where Ethereum’s Last Line Of Defense Lies, According To On-Chain Data

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On-chain data shows Ethereum has broken under all major investor cost basis levels, except for one. Here’s where this price level is currently situated. Ethereum Has Only Realized Price…

XRP Soars 11%, ETF Approval Sparks Hope

Key Notes XRP is currently trading at $1.86, marking an 11% recovery from its dip to $1.65. NYSE Arca has approved the listing of Teucrium’s 2X Long Daily XRP ETF, signaling institutional interest. A whale’s transfer of 200 million XRP to Binance has sparked fears of a selloff. XRP XRP $1.88 24h volatility: 6.6% Market cap: $109.84 B Vol. 24h: $9.79 B is trading around $1.86 today, recording an 11% recovery from Monday’s sharp dip to $1.65. This comes as NYSE Arca has approved the listing of Teucrium’s 2X Long…

Bitcoin poised for surge as China pledges response to Trump’s 50% tariff move

With China threatening strong retaliation against Trump’s tariff demands, Bitcoin might be primed for a breakout, following its history of thriving amid geopolitical turmoil. Geopolitical tensions seem to be drawing attention back to Bitcoin (BTC), with Matrixport forecasting a potential rally like in 2015, when the yuan’s devaluation triggered a sell-off before BTC rebounded by the end of the year. In a recent research report on X, the analysts at the Singapore-based blockchain firm pointed out that the USD/CNY exchange rate is nearing key resistance levels, which could trigger a…

Ethereum Price on Radar as Dormant ETH Whales Sell on Rise

Key Notes The ETH investor, who initially bought 10,001 ETH in 2017 for $352 each, still holds an unrealized profit of $12.3 million. After a major drop, analysts suggest that Ethereum price could consolidate if macroeconomic conditions stabilize. Bitcoin critic Peter Schiff predicts further declines for Ethereum, forecasting a drop below $1,000. After a crash to $1,400 on Black Monday yesterday, Ethereum ETH$1 56824h volatility:5.1%Market cap:$189.19 BVol. 24h:$34.66 Bprice has bounced back and is up 3.2% at press time, trading at $1,594 levels. With more than a 50% drop in…

Bitcoin To $69K? BTC’s Short-Term Future Hangs On These Levels

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The market volatility, fueled by the ongoing tariff war, saw Bitcoin (BTC) trade below the $75,000 mark for the first time since November. Despite recovering from the dip, the…

The gold standard is back — Stablecoins need to rethink what ‘backing’ really means

Opinion by: William Campbell, advisory lead at USDKG Stablecoins were heralded as a breakthrough in the cryptocurrency space as a way to marry the lightning-fast, borderless nature of digital assets with the stability of traditional currencies. They achieve this by pegging their value to reserves like fiat currencies or commodities. Stablecoins are engineered to maintain a fixed exchange rate, typically one-to-one, with the underlying asset. What does “stability” mean? At its core, stability demands three pillars: Reliable collateral: The tangible assets that back the token. Transparency: The ability for anyone…

Fartcoin Price Up 30% Today: Is Meme Coin Mania Back?

Key Notes FARTCOIN has recorded a 30% price increase in the past day, reaching $0.57. The meme coin’s trading volume has skyrocketed by 90%, totaling $363 million. A bullish cup and handle pattern is forming on FARTCOIN’s 4-hour chart, indicating potential for a breakout. While the overall crypto market faces a struggling period sparked by US President Donald Trump’s new global tariff push, Solana-based Fartcoin FARTCOIN $0.58 24h volatility: 24.0% Market cap: $576.42 M Vol. 24h: $349.19 M has seen a major uptick in its value. The meme coin has…