Hong Kong Finance Secretary Paul Chan defended the city’s “same activity, same risk, same regulation” framework for digital assets while speaking at the World Economic Forum in Davos, according to the South China Morning Post. Speaking at a closed-door workshop in Switzerland on Tuesday, Chan said finance and technology were increasingly intertwined but required a balanced regulatory approach. He said: Digital assets should serve the real economy. But we must also build strong guardrails to address risks to financial stability, market integrity and investor protection. Chan pointed to the city’s…
Category: Other Crypto News
XRP Bullish Divergence Shows The Next Direction That Price Is Headed In
XRP might be currently trading in corrections, but technical analysis shows the cryptocurrency is still headed in an upward direction. A recent analysis shared on X by crypto analyst JD frames the pullback as a calculated reset, arguing that the correction fits neatly into a larger setup that may determine XRP’s next major move. The lower the XRP price goes, the higher the breakout will be. Falling Wedge Breakout: The July 2025 Precision Move Technical analysis shared on X by crypto analyst JD shows that XRP’s price action has been…
Bitcoin Sell-off Risk Rises As New Whales Control The Price Action
Bitcoin (BTC) has struggled to regain momentum after the price dipped below $90,000 on Tuesday, with multiple analysts pointing to continued selling pressure in the short term. Key takeaways: New BTC whales with a holding period of less than 155 days now control more realized capital than the “OG” long-term holders. Whale-dominated exchange inflows signal elevated sell-side pressure for Bitcoin near $95,000 to $90,000. Market analysts suggest a pullback toward the $85,000 level based on bearish order book data. New Bitcoin whales take the wheel, for now CryptoQuant analyst MorenoDV…
Massachusetts Judge Bars Kalshi from Offering Sports Bets: Report
The preliminary injunction against the predictions market platform came at the request of Massachusetts Attorney General Andrea Joy Campbell. Prediction markets platform Kalshi could face legal complications operating in the US state of Massachusetts after a judge reportedly ruled that residents could not use the website for sports betting. According to a Tuesday Reuters report, Suffolk County Superior Court Judge Christopher Barry-Smith said he would issue a preliminary injunction against Kalshi prohibiting the platform from offering sporting betting for residents without the required gaming license. The ruling followed Massachusetts Attorney…
Open Interest Climbs And Volatility Spikes
XRP lost the $2 level after the broader crypto market suffered sharp declines on Monday, dragging price action back into a fragile zone. While the move rattled traders, Binance derivatives data suggests the sell-off has not triggered an extreme leverage unwind yet. Instead, the market appears to be entering a transitional phase where risk is rising, but speculative behavior remains relatively controlled. Related Reading Open interest metrics show a delicate balance between positioning and price weakness. Total XRP open interest on Binance climbed to roughly $566.48 million, pushing above the…
US CFTC Chair Names Crypto Lawyer as Senior Adviser
Michael Selig named two people as senior advisers, one of whom helped with a law firm‘s letter that led to an SEC no-action letter on crypto custodians. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), announced the appointment of a senior adviser with experience in litigating crypto and blockchain cases. In a Tuesday notice, Selig said Michael Passalacqua, a former associate at international law firm Simpson Thacher & Bartlett, would join the CFTC as a senior adviser. Selig cited Passalacqua’s experience with “financial regulatory matters involving crypto…
Will Traders Buy The Dip?
ETH sold off at the weekly open, but its net taker volume metric turned positive for the first time in years. Will bulls take notice of the signal and attempt to press Ether price higher? Ether (ETH) derivatives data has begun to highlight a structural shift. After nearly three years of sell-side dominance, ETH’s net taker volume has turned positive, possibly pointing to renewed interest from futures traders. Key takeaways: ETH Net Taker volume reached $390 million since Jan. 6, the largest buy imbalance since January 2023. Since 2023, positive…
RedStone Expands Oracle Business with RWA Data and TokenizeThis Acquisition
Blockchain oracle provider RedStone has acquired Security Token Market (STM) and its TokenizeThis conference, adding a large dataset on tokenized real-world assets to its existing oracle business. According to an announcement, the acquisition brings STM’s historical data, covering more than 800 tokenized products across equities, real estate, debt and fund structures, under RedStone’s ownership, along with control of the TokenizeThis conference brand. STM founder Herwig Konings will join RedStone as an adviser and head of TokenizeThis, while STM chief operating officer Jason Barraza will take on an institutional business development…
Is Dogecoin About To Repeat NVIDIA’s Run? Here’s What The Chart Says
Comparing Dogecoin to NVIDIA may seem illogical at first. One is a speculative digital asset rooted in internet culture, while the other is a leading equity in the AI and tech sector. However, a chart shared by cycle analyst @Cryptollica reframes the comparison by stripping away narrative and focusing on capital flows. Rather than asking which story is more compelling, it examines how money has historically rotated between established market leaders and high‑risk assets as cycles mature. What The Dogecoin—NVIDIA Chart Is Showing Investors The chart posted by Cryptollica tracks…
Ray Dalio Warns of Banks Shying away from Fiat, Praises Gold Surging
The hedge fund manager said central banks were not handling fiat in the same way, warning of a breakdown in the global monetary order. Billionaire hedge fund manager Ray Dalio issued a stark warning for the global economy amid US President Donald Trump’s threats of tariffs and seemingly unpredictable economic policies for the country. Speaking to CNBC’s Andrew Ross Sorkin from the World Economic Forum (WEF) in Davos, Switzerland on Tuesday, Dalio said the monetary order was “breaking down,” warning of a change in behavior of how central banks handled…