Author: boss

Hong Kong Grants First Stablecoin Licences to HSBC, Standard Chartered Consortium – Crypto News Bitcoin News

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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…

Japan Passes Bill Reclassifying Crypto as Financial Instruments – Crypto News Bitcoin News

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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 Heads Toward New Local Highs As US CPI Brushes Off Gas-Price Surge

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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…

White House Warns Staff as Iran Bets Spark Insider Concerns

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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,…

March US Inflation Rises 0.9% to 3.3% Led by Energy Prices – Economics Bitcoin News

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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’s COINSOV index blends Bitcoin’s bite with gold’s ballast

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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…

France Pushes Tighter Curbs on Dollar Stablecoins and Self-Custody Wallets

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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…

Solana Gains Tokenized Stock Push As Traders Watch $1,000 Talk

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Securitize is set to issue a Currenc Group equity as a digital token on a public blockchain, with the shares expected to launch on both Ethereum and Solana. The move puts Solana back in the spotlight for a use case tied to real-world assets, not just price moves. The setup is meant to combine Ethereum’s security profile with Solana’s faster and cheaper transaction speed. Price Holds In A Narrow Band Solana (SOL) was trading at $82.45 at the time of writing, according to CoinGecko data. The token was unchanged over…

Bitcoin’s $55,000 Bear Market Bottom Possible In Late 2026: Analysts

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New BTC price analysis predicted that the bear market would bottom out later in the year, before beginning a “two-year accumulation phase.” Bitcoin (BTC) should find a floor near $55,000 in the second half of 2026, a new prediction says. Key points: Bitcoin’s MVRV Z-score metric still needs to match old bear-market bottoms to signal trend change, says CryptoQuant. That should result in a trip to $55,000 in late 2026 before a market rebound. Going forward, the next cycle top is expected in the second half of 2029. Bitcoin MVRV…

AI has dramatically accelerated the quantum threat to Bitcoin: AI Eye

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Artificial intelligence is speeding up the pace of research into quantum computers. Last week, the estimated timeline for Q Day — the date a cryptographically relevant computer is able to break encryption — grew significantly shorter thanks to research papers from Google and the Caltech-linked quantum startup Oratomic. Google got all the attention, but the Oratomic paper was even more significant and suggested that a quantum computer with just 10,000 neutral atom qubits could break Bitcoin’s ECDSA algorithm using an optimized version of Shor’s algorithm. That’s ten times fewer than…