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Hong Kong Introduces New Policies for Stablecoin Issuers

Hong Kong is set to tighten its grip on the crypto market with new policies aimed at regulating stablecoin issuers. In the latest development, Hong Kong released Policy Statement 2.0, with stablecoin regulation and asset tokenization at the core. Building on its 2022 policy, the region’s new
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Breaking: Judge Torres Denies Ripple And SEC’s Joint Motion In XRP Lawsuit

In a major development, Judge Analisa Torres has ruled on Ripple and the SEC’s joint motion for an indicative ruling, denying the request from both parties. This provides a setback for both parties, which had earlier reached a settlement agreement in the long-running XRP
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India’s Ruling Party Leader Suggests Bitcoin Reserve as US FOMO Sparks BTC Race

As the US has launched a Strategic Bitcoin Reserve, valued at above $20 billion, India’s crypto landscape is abuzz with possibility. India’s Ruling Party spokesperson, Pradeep Bhandari, has ignited a heated debate, suggesting that India could benefit from adopting a BTC reserve. In an India Today a
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Bitcoin Price As Trump Seeks FED Chairman Replacement

Bitcoin (BTC) price is up 0.63% in the early London trading session, marking the fourth consecutive up candlestick day. While the initial recovery was driven by dip-buying and ceasefire announcements, the recent uptick appears to be stemming from Trump’s comments about replacing Jerome Powell, the
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Who Will Lead the Federal Reserve Next if Jerome Powell Leaves? | CoinGape

Jerome Powell and Donald Trump have not-so-good agreements with each other, and the US president often criticizes the other for the delay in the interest rate cut. With the implementation of the import tariff, Trump
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IDX Files for Gold and Bitcoin ETF After Crypto Mortgage Approval

On Wednesday, asset manager IDX filed for a combined Gold and Bitcoin ETF soon after the crypto mortgage approval by the U.S. Federal Housing Finance Agency (FHFA). Dubbed as the IDX Alternative FIAT ETF, the fund seeks to offer investors exposure to a blend of digital assets, putting a major
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XRP Price: Crash or Rally Amid Israel-Iran War Tensions?

XRP price is battling geopolitical chaos—soaring on ceasefires, crashing on airstrikes. Now at $2.19, a bullish falling wedge suggests a rally to $2.65 is coming—unless war tensions flare again. Here’s what’s next.
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Strategy’s Bitcoin-Backed Securities Reach $3.3B, Can It Beat Gold ETFs?

Strategy, a company focused on innovative financial solutions, has shared an exciting update about its $BTC-backed fixed income products. The announcement came via a post on X from the company’s official X handle. It showcases a chart that tracks the notional value of these
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SEI Price Set to Obliterate Short Positions as This Rare Pattern Nears Completion

Sei (SEI) has recorded an impressive 77% gain in just seven days, outperforming the rest of the cryptocurrency market, as institutional interest grows. SEI price is trading at $0.303 today, June 25, with nearly $1 billion in 24-hour trading volumes. Despite these gains, a clear divergence has
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Texas Heatwave Triggers 15.8% Drop In Bitcoin Hashrate

The Bitcoin hashrate has recorded its steepest drop in nearly three years, tanking by nearly 16% in under ten days. While geopolitical tensions have contributed to the decline, a scorching summer heat is forcing Texas miners to shut down a part of their operations.
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FUNToken Price Is Flashing Bullish Signals — Here’s What That Means

The crypto market is somewhat at a standstill over the past few days as major cryptos registered marginal price movements. However, while large market cap cryptos struggle to lift their prices, FUNToken chose to follow a different route. Notably, in the last seven days alone, FUN price registered a
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Will Ethereum Price Break $3,000 As BlackRock Buys Nearly $100M ETH

On June 24, BlackRock bought $98 million worth of spot Ethereum ETF, bringing their total holdings $5.40 billion. This inflow aligns with the recent weekend crash that pushed Ethereum price to a low of $2,111, indicating that investors were buying the dips. This outlook indicates that investors
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Ripple Vs. SEC Ruling Leaves XRP’s Legal Status Unchanged: Lawyer

Contrary to popular speculation, lawyer Bill Morgan believes the ruling will not redefine the status of XRP and other digital assets, sparking a lively debate. The protracted Ripple lawsuit is nearing a conclusion as Judge Torres is expected to deliver her final decision
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