Business

Worst crypto cycle ever? Group and historical past say in any other case

[ad_1] The cryptocurrency market has confronted a major downturn for the reason that begin of 2025, with some buyers calling it essentially the most painful cycle in historical past.Some had been disappointed about trade coverage modifications and the memecoin craze in the US, whereas others even speculated about expertise leaving the sector for different industries.Nonetheless, whereas the present crypto market state would possibly look grim to some, the present cycle
Business

Bitcoin-to-gold ratio breaks 12-year assist as gold worth hits a report $3K

[ad_1] Bitcoin (BTC) breached a rising assist trendline in opposition to gold (XAU), which has been intact for over 12 years, on March 14. XAU/BTC ratio weekly efficiency chart. Supply: TradingView/NorthStarWidespread analyst NorthStar says this breakdown might spell the tip of Bitcoin’s 12-year bull run if it stays underneath the gold trendline for even per week or—worse—a month. Is Bitcoin’s bull market over? Let’s take a more in-depth take a look
BUY/SELL

Bitcoin-to-gold ratio breaks 12-year help as gold worth hits a file $3K

[ad_1] Bitcoin (BTC) breached a rising help trendline towards gold (XAU), which has been intact for over 12 years, on March 14. XAU/BTC ratio weekly efficiency chart. Supply: TradingView/NorthStarWidespread analyst NorthStar says this breakdown may spell the tip of Bitcoin’s 12-year bull run if it stays beneath the gold trendline for even per week or—worse—a month. Is Bitcoin’s bull market over? Let’s take a better take a look at BTC’s correlation
BLOCKCHAIN

Hong Kong fintech sector sees 250% blockchain development since 2022

[ad_1] Hong Kong anticipates the continued development of its fintech ecosystem, with blockchain, digital belongings, distributed ledger know-how (DLT) and synthetic intelligence taking part in a central position in shaping its future.Hong Kong is dwelling to over 1,100 fintech corporations. This contains 175 blockchain software or software program companies and 111 digital asset and cryptocurrency corporations, which marked 250% and 30% will increase, respectively, since 2022, according to the Hong
Business

Hong Kong fintech sector sees 250% blockchain development since 2022

[ad_1] Hong Kong anticipates the continued development of its fintech ecosystem, with blockchain, digital property, distributed ledger know-how (DLT) and synthetic intelligence taking part in a central function in shaping its future.Hong Kong is dwelling to over 1,100 fintech firms, which embody 175 blockchain software or software program corporations and 111 digital asset and cryptocurrency firms, marking a 250% and 30% improve, respectively, since 2022, according to the Hong Kong
BLOCKCHAIN

Hong Kong fintech sector sees 250% blockchain progress since 2022

[ad_1] Hong Kong anticipates the continued progress of its fintech ecosystem, with blockchain, digital property, distributed ledger expertise (DLT) and synthetic intelligence taking part in a central position in shaping its future.Hong Kong is house to over 1,100 fintech corporations, which embrace 175 blockchain software or software program companies and 111 digital asset and cryptocurrency corporations, marking a 250% and 30% improve, respectively, since 2022, according to the Hong Kong
Business

US Rep. Byron Donalds to introduce invoice codifying Trump’s Bitcoin reserve

[ad_1] A brand new invoice set to be launched in Congress goals to formalize President Donald Trump’s govt order establishing a US Strategic Bitcoin Reserve, a transfer that would additional combine Bitcoin into the nation’s monetary technique.Trump signed an govt order on March 7 to make use of Bitcoin (BTC) seized in authorities prison instances to establish a national reserve.The laws, launched by US Consultant Byron Donalds, seeks to make
Business

US Rep. Byron Donalds to introduce invoice codifying Trump’s Bitcoin reserve

[ad_1] A brand new invoice set to be launched in Congress goals to formalize President Donald Trump’s government order establishing a US Strategic Bitcoin Reserve, a transfer that would additional combine Bitcoin into the nation’s monetary technique.Trump signed an government order on March 7 to make use of Bitcoin (BTC) seized in authorities legal instances to establish a national reserve.The laws, launched by US Consultant Byron Donalds, seeks to make
BLOCKCHAIN

US Rep. Byron Donalds to introduce invoice codifying Trump’s Bitcoin reserve

[ad_1] A brand new invoice set to be launched in Congress goals to formalize President Donald Trump’s government order establishing a US Strategic Bitcoin Reserve, a transfer that would additional combine Bitcoin into the nation’s monetary technique.Trump signed an government order on March 7 to make use of Bitcoin (BTC) seized in authorities felony instances to establish a national reserve.The laws, launched by US Consultant Byron Donalds, seeks to make
ALTCOIN

FTX liquidated $1.5B in 3AC belongings 2 weeks earlier than hedge fund’s collapse

[ad_1] Newly revealed courtroom paperwork present that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) belongings simply two weeks earlier than the hedge fund collapsed in 2022. The disclosure challenged earlier narratives that 3AC’s downfall was solely market-driven.As soon as valued at over $10 billion, 3AC collapsed in mid-2022 after a collection of leveraged directional trades turned bitter. The hedge fund had borrowed from over 20 massive establishments