Day: August 1, 2025

HK Stablecoin Stocks Drop on New Rules, Experts Approve

Stablecoin companies operating in Hong Kong posted double-digit losses on Friday amid local regulatory shifts and a broader market correction. Bright Smart Securities & Commodities Group fell nearly 20% on Friday, according to Google Finance data. Yunfeng Financial Group dropped more than 16% during the trading session, while Guotai Junan International Holdings slid 11% and OSL Group declined 10.5%. These companies are referred to as “Hong Kong stablecoin-concept companies,” with share prices driven by exposure to stablecoin issuance, custody, trading, or related infrastructure. Still, some local experts view the correction…

Crypto Exchange MEXC Targets Traders With New USDT-Settled Stock Futures

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Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Jeff Patterson of Finance Magnates interviews Kathy Lian, co-founder of BKTraders, at iFX EXPO International 2025. They discuss…

Federal Reserve Governor Adriana Kugler Resigns

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Federal Reserve Board of Governors member Adriana D. Kugler has announced her resignation, stepping down during a particularly sensitive moment for the US central bank as President Donald Trump continues to challenge the long-standing tradition of Fed independence. In a statement released Friday, the Fed said Kugler’s resignation will take effect on Aug. 8. While she did not provide a specific reason for her departure, the central bank noted she plans to return to her academic post at Georgetown University. Her term had been scheduled to end in January. “It…

Việt Nam sẽ quản lý Blockchain, crypto như thế nào?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #vtv24 #chuyendong24h Việt Nam sẽ quản lý Blockchain, crypto như thế nào? ► Chuyển động 24h do VTV Digital sản xuất, phát sóng trên kênh VTV1 – Đài Truyền hình Việt Nam. ► Đăng ký ngay Youtube Chuyển động 24h: – ► Theo dõi Chuyển động 24h trên các trang mạng xã hội khác: – – Bản quyền thuộc về VTV – Đài Truyền hình Việt Nam. Copyright © 2024 Vietnam Television. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Tether Gold Surpasses $800M as Bitcoin Holdings Surge at Twenty One Capital

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While Bitcoin (BTC) is often described as digital gold, a tokenized commodity offering direct exposure to the physical metal is quietly gaining traction. By the end of the second quarter, Tether Gold (XAUt) — a tokenized asset issued by the stablecoin provider behind USDt — was backed by 7.66 tons of gold, according to the company’s latest attestation report. The reserve supports more than 259,000 XAUt tokens in circulation, giving the asset a total market value of over $800 million. The rise of Tether Gold reflects a broader surge in…

OpenAI Secures $8.3B in Funding, Valuation Hits $300B

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OpenAI has raised $8.3 billion at a $300 billion valuation, accelerating its plan to secure $40 billion in funding by year’s end. The latest round, led by Dragoneer Investment Group, comes after the company raised $2.5 billion in March. According to The New York Times on Friday, Dragoneer committed $2.8 billion to the raise, representing roughly 10% of its total funds. The funding round brings OpenAI closer to its 2025 target, which includes a $30 billion commitment from SoftBank. The funding round was five times oversubscribed, meaning investors wanted to…

Analyst Predicts Historical 90% XRP Crash Against Bitcoin, But This Will Happen First

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XRP’s recent performance has been relatively strong against Bitcoin in the past month. Over the past few weeks, the XRP/BTC pair has been quietly pushing up above the 0.00002100 level and challenging long-standing horizontal resistance levels.  Amid this movement, a new technical analysis from crypto analyst JayDee has stirred controversy on social media, with the suggestion that XRP may soon go on an explosive rally against Bitcoin before suffering a catastrophic 90% crash. Final Biblical Move To Send XRP/BTC Surging According to JayDee, XRP is entering the final phase of…

Bloodbath: Bitcoin Shudders Below $114K, BTC and ETH Longs Lead $863M Liquidation Wave

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Bitcoin briefly plunged to $113,547 on Thursday before recovering slightly, leaving traders reeling and liquidations piling up across the crypto market. Bitcoin tumbled 3.2% today to a daily low of $113,547, before bouncing back to $113,820 by afternoon trading. The drop dragged its market capitalization down to $2.26 trillion, while the leading crypto is now […] Original

Alleged Bitcoin Torturer Walks Free on $1M Bond After Two-Month Detention

Key Notes Woeltz posted $1 million bail and remains under home confinement while co-defendant Duplessie stays in custody for the kidnapping case. Italian trader Carturan was allegedly held captive for 17 days and tortured to access his $30 million Bitcoin wallet before escaping. The case highlights rising physical threats against crypto investors, following similar incidents including Ledger co-founder’s kidnapping in France. One of the suspects for the crypto horror in New York, John Woeltz, a 37-year-old crypto entrepreneur accused of kidnapping and torturing an Italian Bitcoin investor in a Manhattan…