According to Standard Chartered analysis, the weakening of long momentum in the cryptocurrency market and the possibility of a deeper correction reflect growing frustration with the lack of new policy announcements.
Better Markets, a nonprofit, has filed an amicus curiae brief in support of the Securities Exchange Commission's (SEC) appeal against Ripple Labs. The brief asks the 2nd Circuit Court of Appeals to overturn a 2023 district court ruling that held that Ripple Labs' sales of XRP to retail investors were not governed by U.S. securities laws. The nonprofit organization argued in its complaint that the court had mistakenly applied the Howey Test, undermining the integrity of investor protection.
Trump 2.0 slightly milder caused the dollar to come under pressure, and gold benefited. The market's heart stone is temporarily put down, and gold may climb to another historical peak? > >
OTC Markets Group Inc., a regulated trading marketplace in the United States, has announced that Sol Strategies, a "Solana version of microstrategies" dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, has been listed and will trade under the CYFRF code, meaning that U.S. investors can find the company's current financial disclosures and real-time secondary quotes on the OTCQX marketplace. Sol Strategies is headquartered in Toronto, Canada, formerly Cypun...
美国受监管的交易市场OTC Markets Group Inc.宣布致力于投资和为Solana区块链生态系统提供基础设施的“Solana版微策略”Sol Strategies已获得上市资格,将以CYFRF代码进行交易,这意味着美国投资者可以在OTCQX市场找到该公司当前的财务披露和实时二级报价。Sol Strategies总部位于加拿大多伦多,前身是Cypherpunk Holdings,之后于2024年9月更名。
The European Securities and Markets Authority (ESMA) said in a statement that the regulator has asked the 27 member states of the European Union to ensure that crypto asset service providers (CASPs) comply with its stablecoin rules "no later than the end of Quarter 1, 2025." ESMA said: "In practice, this means that CASP, which operates a crypto asset trading platform, is expected to stop trading all crypto assets that meet the conditions of ART and EMT but the issuer is not authorized in the Eur...
According to Veronika Rinecker, the European Securities and Markets Authority (ESMA) has ordered crypto asset service providers (CASPs) to remove stablecoins that are not compliant with the Crypto Asset Markets Regulation (MiCA). Although ESMA did not specify which non-compliant issuers or stablecoins should be restricted, the move follows the European Union Commission's July 2024 guidance aimed at clarifying how the MiCA applies to crypto asset services involving non-compliant stablecoins. Befo...
Market news: TikTok said it will shut down services in the U.S. on Sunday unless the Biden administration "immediately provides a clear statement" assuring service providers that it will not enforce the law.
1. JD.com (JD. O) rose more than 5% in pre-market. On the news, JD.com announced the launch of the "gift-giving" function in the latest version of its APP; 2. Morgan Stanley rated Tesla (TSLA. O) stock as "overweight", giving a target price of $430. 3. Goldman Sachs: Raised the target price of Taiwan Semiconductor Manufacturing (TSM. N) to $259, the long-term growth prospects are further strengthened by the advantages of AI. 4. Amazon (AMZN. O) will lay off about 200 people in its North American...
Lin Chen, head of Asia Pacific commerce at Deribit, said in a statement that in the options market, there is only a 10.62% chance that the price of ETH will exceed $4,000 by the end of January.
Market news: The Trump team is studying a 2% -5% increase in tariffs on a monthly basis, but Trump himself has not yet evaluated or approved the idea of gradual tariffs.
The cryptocurrency over the counter (OTC) market matured significantly last year, with an annual growth rate of 106 percent, according to Finery Markets' Year in Review 2024 report. The report highlights a dynamic year for institutional and large-scale digital asset trading, driven by key macroeconomic and sector-specific developments, including the launch of bitcoin and ethereum exchange-traded funds, support for cryptocurrency exchanges, and the development of cryptocurrency exchanges.
Intouch Capital Markets analyst Piotr Matys warned that Bitcoin fell below an important support level of $91,600, and the technical side showed a head and shoulders pattern, indicating that the trend may turn from long to short. Alex Kuptsikevich, principal analyst at FxPro, further predicted that if the bearish sentiment persists, Bitcoin may test the $88,000 and $74,000 support levels successively.