TAO drops 30% from its weekly high, confirming fractal setups that projected deeper downside targets for the token in the past. Bittensor’s TAO token may drop by up to 45% in the coming weeks as Covenant AI, one of its top subnet operators, publicly announced its full exit from the ecosystem. Key takeaways: Covenant AI accused Bittensor of being centralized, leading to a 30% drop in TAO prices. Read more Original
Key Takeaways HKMA granted 2 licences to HSBC and a Standard Chartered-led group, advancing Hong Kong crypto plans. New rules require $3 million (HK$25 million) capital and 1-day redemption, boosting trust but limiting yields. HSBC plans HKD stablecoin in H2 2026, targeting payments and cross-border finance growth. New Stablecoin Licences Advance Crypto Push for Hong Kong Hong Kong has granted its first stablecoin issuer licences to HSBC and a consortium led by Standard Chartered. This marks a key milestone in the city’s push to establish itself as a global center…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Welcome to Zach Rector’s channel! iTrust Capital- Legal & Estate Planning- Are you ready to take advantage of the greatest transfer of wealth in world history? Join our community at and discover how you can not only survive, but thrive in this exciting time. XRP Family MERCH- Patreon/Discord Private Community- Buy XRP & Trade Crypto- Caleb & Brown- Uphold- Coinbase- Coinbase Advanced Trading- First Ledger- Send XRP Tips & NFTs- r41a9RBNQYVx1XowGUUNEbJxKdKnMpHQEo Precious Metals- Book 1 on 1 Call with Zach- Crypto Wallets-…
Key Takeaways: Japan reclassified crypto as financial instruments under the FSA to curb insider trading by 2027. Proposed tax cuts from 55% to 20% aim to align digital assets with traditional Japanese stocks. Unregistered sellers face 10-year prison terms and $62,800 fines to boost market transparency. New Compliance Standards and Penalties The Japanese government has reportedly approved a bill to amend the Financial Instruments and Exchange Act, marking a historic shift in digital asset oversight. For the first time, cryptocurrencies will be treated as financial instruments, introducing strict rules to…
Bitcoin (BTC) tagged $73,000 following Friday’s Wall Street open as crucial US inflation numbers came in below expectations. Key points: Bitcoin edges higher as US CPI data remains slightly below market expectations. Gasoline prices see a historic surge within the CPI release. Bitcoin traders plan out key resistance levels overhead. BTC price seeks new local highs after CPI Data from TradingView showed BTC price eyeing new multi-week highs as markets digested the March print of the Consumer Price Index (CPI). BTC/USD one-hour chart. Source: Cointelegraph/TradingView This was the week’s key…
The White House warned staff against improperly using confidential information to place bets in futures markets after suspicious oil trades ahead of President Donald Trump’s March 23 Iran announcement drew scrutiny, according to Reuters. Reuters reported on Thursday that the White House sent the internal email on March 24, a day after Trump ordered a five-day delay in attacks on Iran’s energy infrastructure. The warning followed a roughly $500 million bet on Brent and West Texas Intermediate crude futures placed in a one-minute burst shortly before Trump’s March 23 announcement,…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Tom Lee, Fundstrat’s Head of Research, finally breaks his silence on the Bitcoin crash. After weeks of silence while Bitcoin dropped to $67K, he reveals what’s really going on behind the scenes — and why this crash changes everything for crypto investors. 🔥 What You’ll Learn: – Why Tom Lee stayed silent during the crash – The real forces behind Bitcoin’s drop to $67K – What institutional money is doing right now – Why this crash is different from every other –…
Key Takeaways: Driven by 21.2% higher gas prices, March’s 0.9% CPI rise marks a spike powered by the Iran conflict. The Trump Administration’s Iran conflict fueled a 10.9% energy index spike, possibly influencing the upcoming 2026 midterm elections. Despite a steep 0.9% CPI hike, Jerome Powell believes long-term inflation numbers remain anchored. US Inflation Hits 3.3% in March as Iran’s Conflict Accelerates Energy Prices While the Federal Reserve has set a historical target of 2% inflation annually, the U.S. economy is still far from reaching it, more so with the…
Coinbase Asset Management and MarketVector’s COINSOV index uses inverse volatility weights to blend Bitcoin and gold, targeting better risk‑adjusted ‘store‑of‑value’ returns than static mixes. Summary COINSOV dynamically tilts between Bitcoin and gold each quarter based on realized volatility, aiming to capture Bitcoin’s upside while keeping drawdowns closer to gold. MarketVector’s backtests from 2017–2025 show the index beating simple Bitcoin‑gold splits and several benchmarks on a risk‑adjusted basis, with smaller maximum drawdowns than a 50/50 mix. The index holds Bitcoin and Pax Gold (PAXG), letting institutions track the blend onchain while…
French officials are pushing for tighter oversight of crypto from two directions, as a Bank of France official called for stricter limits on non-euro stablecoins under the European Union’s Markets in Crypto-Assets Regulation (MiCA), and lawmakers in Paris advanced a separate reporting requirement for some self-custody holdings. Denis Beau, First Deputy Governor of the Bank of France, delivered a speech at the EUROFI High Level Seminar in March, calling on the EU to restrict the use of stablecoins for payments, particularly those pegged to non-euro currencies. Published on the Bank…