The unstoppable dollar is forcing Asian countries to increase their foreign exchange defenses. Click to view...
According to techinasia, the Legislative Council of Hong Kong, China, discussed the proposed stablecoin bill on January 23. This was the first meeting of the bill since its first reading on December 18, 2024. Key officials, including Deputy Secretary General for Financial Services and the Treasury Francis Ho, outlined the regulatory framework for stablecoins. The bill requires issuers to obtain a license from the HKMA and maintain a reserve of high-quality, highly liquid assets. The proposed leg...
据techinasia报道,中国香港立法会于1月23日讨论了拟议的《稳定币法案》。这是该法案自2024年12月18日初读以来的首次会议。包括金融服务及库务局副秘书长FrancisHo在内的主要官员概述了稳定币的监管框架。 该法案要求发行人获得香港金融管理局(HKMA)的许可,并维持高质量、高流动性资产的储备。 拟议的立法旨在确保合规性和稳定性,支持香港...
According to Techinasia, Coinbase CEO Brian Armstrong said during his participation in the World Economic Forum in Davos, Switzerland, that Trump's presidency could drive an increase in cryptocurrency investment. Brian Armstrong said that the support of leaders of major economies such as the United States could have a significant impact on the market. He believes that Trump could become a supporter of the crypto industry, and emphasizes that public support can have an impact on the development o...
据Techinasia报道,Coinbase首席执行官Brian Armstrong在参与瑞士达沃斯世界经济论坛期间表示,特朗普的总统任期可能会推动加密货币投资的增加。 Brian Armstrong表示美国等主要经济体领导人的支持可能会对市场产生重大影响。他认为特朗普可能成为加密行业的支持者,并强调公开支持能够对行业发展产生影响。国会的立法变化可能推动加密货币的新投资,并提到比特币近...
According to the data disclosed by Lin Chen, head of Asia Pacific commerce at Deribit, on the X platform, the largest block trades of BTC and ETH on Deribit today are call options. Specifically: BTC: a user income 3.165 million dollars, buy the end of January 105,000 call options, while selling the end of March 115,000 call options, unilateral total of 925 BTC, the operation is bullish, and the user expects the near future price will break through, and the end of March can 115,000 take profit. E...
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.
After Microsoft and Amazon, Meta has also received bitcoin investment and financial proposals. It is reported that Ethan Peck, an employee of the National Center for Public Policy Research, a Washington, D.C.-based think tank, has submitted a Meta shareholder proposal asking the social media giant to convert some of its $72 billion cash and short-term cash equivalents into bitcoin as a hedge against currency depreciation.
Saudi Arabia has set the official price of Arab light crude oil sold to Asia in February 2024 at a premium of $1.50 per barrel over the average Oman/Dubai price.
Lin Chen, head of Asia Pacific commerce at Deribit, wrote in X: "This week's ETH ETF performance is slightly weaker than BTC, with a total weekly net outflow of 38.10 million US dollars and a net reduction of 11,846.98 ETH. Although BlackRock and Fidelity still increased their holdings, the rest of the institutions mainly reduced their holdings. Among them, BlackRock slightly increased its holdings on Friday, and the remaining positions remained unchanged for the rest of the days, while grey rel...
Lin Chen, head of Asia Pacific commerce at Deribit, wrote in X: "This week's BTC spot ETF overall performance was a small net inflow, although the market was closed on Wednesday and there was a large net outflow on Thursday. The inflow in the remaining days made up for this gap. The total weekly net inflow reached $255.30 million, adding 2421.94 BTC. Among them, BlackRock IBIT once again set a single-day maximum reduction of 3516.57 BTC on Thursday, while the market sentiment picked up on Friday...
This year, Asian stock markets have been mixed against the backdrop of a strong dollar. Some have achieved bull markets in local currency-denominated stocks at the expense of exchange rate depreciation, while others have sacrificed some of the gains in stock markets with relatively stable exchange rates. Only South Korea is an exception. In terms of Korean won, the Korea Composite Index KSOPI has fallen by 10.0% this year, considering the decline in the Korean won.
On December 26, the South Korean government introduced "tourism revitalization measures". According to a statement from the Prime Minister's Office, South Korea will extend the visa-free period for group tourists from China and five South East Asia countries until next December.
Odaily Planet Daily News Lin Chen, head of Asia Pacific commerce at Deribit, said in an article that today's largest ETH bulk option transaction is: a user paid $225,000 to buy a call-over price of $4,000 on January 10 next year, a total of 3730 ETH. The analysis pointed out that the user is bullish and long, and if the price at delivery is > $4020, it is profitable. Due to the low liquidity of Christmas last night, the market volatility is still large. The current DVOL volatility index is 73.6,...
SBI and SIX's joint venture, AsiaNext, this month listed its first securities, a dollar money market fund (MMF), and launched a digital collateral solution. AsiaNext first launched crypto derivatives earlier this year, which do not require a license in Singapore. This is the first of three trading products. The company holds a Singapore capital markets license and a recognized market operator (RMO) license, which allows it to operate exchanges.