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Bitcoin sprout | Bitcoin surges above US$28,000 on institutional adoption; Ether gains; U.S. equity futures down | Markets, BTC - Bitcoin, ETH - Ethereum, Non-Fungible Token - NFT, ETF

Bitcoin slips, Ether inches up, top 10 cryptos gain as investors remain upbeat

Bitcoin fell and Ether rose during Monday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization strengthened.
global cryptocurrencies

Global shifts in crypto capital are underway. Here’s where the money is going

Digital assets funds have been flowing in waves all over the world since crypto’s inception, writes Amy Yu, CEO of SEBA Bank. Where is crypto capital going now?
Hong Kong Web3 | Hong Kong launches task force to promote blockchain initiatives, developments | Hong Kong, Web 3.0, blockchain

Hong Kong launches task force to promote blockchain initiatives, developments

Hong Kong’s local government on Friday set up the Task Force on Promoting Web3 Development to promote the benefits of blockchain to real-world industries.
Bitcoin coins on black background, top view | Bitcoin flat, Ether gains in mixed crypto market; Solana rebounds, Litecoin leads winners

Bitcoin flat, Ether gains in mixed crypto market; Solana rebounds, Litecoin leads winners

Bitcoin traded flat above US$30,000 while most other leading tokens were mixed. Litecoin and Solana saw the biggest gains among the top 10.
Wiew of Taj Mahal monument reflecting in water of the pool, Agra, India

Blockchain Alliance’s Raj Kapoor says the technology can reshape India’s governance systems

Kapoor founded the India Blockchain Alliance five years ago and gives an update on how the technology is being used in police reports to real estate transactions, as well as challenges of CBDC adoption and plans for tokenization of assets. He spoke in an interview for Forkast IQ.
Seoul, South Korea skyline at night | South Korea approves cryptocurrency bill to protect investors, goes into effect in one year

South Korea approves crypto bill to protect investors, goes into effect in one year

South Korea approved a bill to protect cryptocurrency investors as part of building the country’s first legal framework devoted to digital assets.
Blue and white neon sign spelling "ART"

Generative Art – The Golden Goose of NFTs

Dmitri Cherniak’s generative art NFT, ‘The Goose’, sold for US$5.4 million at Sotheby’s. The sale, a second highest for generative art, signals NFT art’s growing prominence and potential in the Web3 era.
U.S. SEC

US SEC says Bitcoin ETF applications inadequate: WSJ

The U.S. Securities and Exchange Commission (SEC) said the recent series of spot Bitcoin exchange-traded fund (ETF) applications by asset managers were inadequate and not sufficiently clear, according to a report by Wall Street Journal on Friday. 
NFT

FXHASH NFT upgrade to allow users to mint on both Tezos and Eth

FXHASH, the largest non-fungible token (NFT) platform by sales volume on the Tezos blockchain, has announced an upgrade that allows users to choose between Tezos and Ethereum, along with on-chain minting for both networks. 
Two Bored Apes layerd in front of raining ApeCoins

ApeCoin DAO replaces Yat Siu and Alexis Ohanian

ApeCoin DAO, the decentralized autonomous organization behind the ApeCoin cryptocurrency, has replaced Animoca Brands chairman Yat Siu and Reddit co-founder Alexis Ohanian, in its special council that oversees the Ape Foundation.
A golden Bitcoin token on top fo other golden coins

Weekly Market Wrap: Bitcoin breaches US$31,195 following Fidelity’s spot Bitcoin ETF application

Bitcoin briefly rose to US$31,195 after Fidelity filed its spot Bitcoin ETF application. Can the wave of institutional interest keep Bitcoin above US$30,500?
Employee Singapore Office 1055

Ripple executive spells out Asia future after license success in Singapore

Ripple Labs’ Asia-Pacific branch is offering digital payment services in Singapore after receiving in-principle approval of its license application from the MAS on June 22. What does that mean for the company’s Asia business?
US dollar and bitcoin

Bitcoin, Ether rise along with all other top 10 cryptos

Cyptocurrency investor sentiment continues to improve with Litecoin posting strong gains as its halving event in August gets closer.
Treasury Secretary Janet Yellen Hosts Financial Stability Oversight Council Event | Blockchain Association joins Coinbase in pushing back against SEC over crypto crackdown

Blockchain Association joins Coinbase in pushing back against SEC over crypto crackdown

The Blockchain Association said the U.S. SEC chair Gary Gensler should remove himself from enforcing rules on the crypto sector.
UK flag and Big Ben | U.K. financial reform bill to regulate crypto assets passes into law after ‘Royal Assent’ | UK, Regulation & Law, crypto regulations

U.K. bill to regulate crypto assets passes into law, offering ‘rocket boost’ for economy

A U.K. bill to recognize cryptocurrency trading as a regulated financial activity passed into law on Thursday.
various cryptocurrencies

The bane of crypto today is quantity over quality: Opinion

The market now has 26,000 different cryptocurrencies and the total number of coins in circulation approaches infinity. How do those tokenomics make any sense?
Bitcoin and USD

Bitcoin gains with all top 10 crypto, Fidelity confirms Bitcoin ETF bid, U.S. economy rebounds

All top 10 cryptocurrencies rose, led by Solana, as another financial heavyweight applied to offer a Bitcoin exchange-traded fund and data showed the U.S. economy in good health. Stocks rose.
Binance logo

Binance to change euro banking partner from September

Binance’s euro banking partner, Paysafe Payment Solutions, will stop offering its services for the world’s largest cryptocurrency exchange from Sept. 25.
Crypto gets a boost following reports of Fidelity's imminent Bitcoin spot ETF filing

Crypto gets a boost following reports of Fidelity’s imminent Bitcoin spot ETF filing

Top blockchain and crypto news: Fidelity Investment is reportedly close to filing its own Bitcoin ETF. NFT traders seek liquidity. Singapore eyes asset tokenization.
Closeup of golden bitcoin BTC cryptocurrency

Bitcoin remains above US$30,000, despite hawkish remarks from Powell

Bitcoin and Ether rose during Thursday afternoon trading in Hong Kong, while the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed.
China Mobile logo | China Mobile launches metaverse industry alliance | China, Metaverse, China Mobile

China Mobile launches metaverse industry alliance

China Mobile, a leading telecommunication company of China, launched a metaverse alliance on Wednesday, whose members include Huawei, Xiaomi and Unity China. 
Ledger website | Ledger wallet launches institutional crypto trading platform

Ledger wallet launches institutional crypto trading platform

Ledger announced the launch of Ledger Enterprise Tradelink, a secure and regulation-friendly trading system for institutional investors.
Bitcoin

Bitcoin, all other top 10 cryptos lose ground; Azuki Elementals NFT disappoints investors

Bitcoin dropped but remained above US$30,000, with all other major cryptocurrencies falling, as investors reacted to news of MicroStrategy’s Bitcoin purchase and ARK Invest’s spot Bitcoin ETF plan.
A huge euro logo is seen in front of the headquarters of the ECB in Frankfurt, Germany.

EU publishes draft bill for digital euro and cash payments

The European Commission released two proposals on Wednesday, one for the digital euro, the ECB’s CBDC, and a legislative proposal to safeguard the role of cash.
Bitcoin golden coin and dollar background. Cryptocurrency

Bitcoin dips but holds above US$30,000, all top 10 cryptos drop

Despite a slight dip in crypto prices, positive investor sentiment persists, buoyed by the potential of Bitcoin ETFs, rising institutional adoption, and recovery from regulatory concerns.
Tokyo skyline and buildings from above, view of the Tokyo tower | Four Japanese crypto firms team up to form metaverse association

Sony Network Communications to invest in Japanese Web3 developer Startale Labs

With the announcement of funding invested in Japanese firm Startale Labs, gaming giant Sony will increase its already active exploration of Web3 and the possibilities inherent in blockchain technologies.
Kyoto crypto

Crypto in the land of geisha — the global Web3 community arrives in Kyoto

Geisha, kimono, tea ceremony — the Japanese city of Kyoto is a place rich in traditional culture. But as the national government pivots toward the cutting edge potential of digital assets and Web3, the city is this week playing host to one of Asia’s largest crypto get-togethers.
Asia and Web3

Why Asia’s Web3 ecosystem needs collaborative venture building: Opinion

Collaborative venture building involves pooling resources, expertise and ideas — a strategy ideal for Web3 startups to succeed, writes Katherine Ng.
cryptocurrencies

Bitcoin, other top 10 cryptos rise; Fidelity said to plan spot Bitcoin ETF application in U.S.

Bitcoin rose along with other major cryptocurrencies. Fidelity reportedly plans a second spot Bitcoin ETF application in the U.S. following BlackRock’s move earlier this month. A strong day on Wall Street also offered support.
NFT spark

Can Azuki’s new Elementals spark the entire NFT market?

Azuki’s Elementals launch may be a turning point for the NFT market, with the continued decline of top projects’ floor prices.
close-up photo of bitcoin cryptocurrency physical coin on the tablet computer showing stock market charts. trading bitcoin cryptocoin concept on the wooden table

Bitcoin holds above US$30,000, most other top 10 cryptos mixed

Bitcoin slipped 0.04% but remained above US$30,000. Ether fell 0.97% to US$1,875.
Esplanade Outdoor Theatre in Downtown Singapore city. Marina Bay area and lights show at night. Financial district and skyscraper buildings.

Singapore outlines design framework for interoperable networks in collaboration with financial firms

The Monetary Authority of Singapore (MAS), the city state’s central bank, has proposed a framework for designing open, interoperable networks for digital assets, developed jointly with the Bank for International Settlements and other financial institutions. 
Bitcoin and dollar | Bitcoin Cash price doubles amid U.S. crypto crackdown, expert says gain won’t be long term

Bitcoin Cash price doubles amid U.S. crypto crackdown, expert says gain won’t be long term

Bitcoin Cash, the spin-off of the world’s largest cryptocurrency, gained over 108% in the last seven days as investors hope the altcoin receives the same categorization as Bitcoin.
Shanghai | Shanghai targets US$6.9 billion revenue from culture, tourism metaverse projects | Metaverse, China, blockchain

Shanghai targets US$6.9 billion metaverse revenue from culture, tourism projects

Shanghai on Wednesday released a three-year plan to build its culture and tourism metaverse.
Southeast Asia and crypto coins

Crypto is sweeping South and SE Asia. Here’s why it matters to the rest of the world

Five countries in South and Southeast Asia now rank in the global top 10 for cryptocurrency adoption, embracing DeFi and defying government attempts to discourage crypto use. Is this a harbinger of larger trends to come?
Golden Bitcoin Cryptocurrency

Bitcoin loses ground, but holds above US$30,000; most other top 10 crypto decline

Bitcoin slipped in directionless trading while Ether retreated, but both held gains for the past seven days. Most other top 10 tokens lost ground, led by Solana, while Tron was in the green as markets entered the last trading week of June.
Bitcoin cryptocurrencies and graph statistic background

Bitcoin slips but remains above US$30,000; Asian, European, U.S. stock futures stay down

Bitcoin prices drop 1.04% to US$30,416 in 24 hours, while Ether fell 0.98% to US$1,893.
Do Kwon and bitcoin

Switzerland freezes US$26 million in crypto held by Terraform Labs and Do Kwon

Swiss prosecutors have reportedly frozen about US$26 million in Bitcoin and other cryptocurrencies that belong to Terraform Labs and its chief executive officer Kwon Do-hyeong.
blockchain gaming

How blockchain gaming can level up: Opinion

Despite its potential, Web3 gaming has had mixed reviews from gamers and developers, writes Freddie Ng. Here are the challenges and opportunities.
Digital yuan & globe | Shanghai Clearing House launches digital yuan services for commodity trading | China, Digital Yuan, CBDC - Central Bank Digital Currency

Shanghai Clearing House launches digital yuan services for commodity trading

The Shanghai Clearing House started digital yuan clearing and settlement services for trading in commodities on Monday.
An aerial shot of Tokyo at night with luminous buildings and tall Tokyo TV tower | Japan exempts cryptocurrency issuers from 30% tax on unrealized gains

Japan exempts cryptocurrency issuers from 30% tax on unrealized gains

Cryptocurrency issuers in Japan are now exempt from paying a 30% corporate tax on unrealized gains on tokens.
Closeup of golden bitcoin BTC cryptocurrency

Bitcoin treads water above US$30,000; SEC approves first leveraged Bitcoin futures ETF

Bitcoin held ground above US$30,000 following a week of traditional financial institutions showing interest in financial instruments that include the token. The U.S. regulator approved the first leveraged Bitcoin Futures ETF on Friday.
UAE skyline and Binance's Dominic Longman

Binance Abu Dhabi’s Longman discusses UAE’s crypto boom

Binance Abu Dhabi’s chief Dominic Longman discusses the UAE’s approach to cryptocurrencies and the state’s support for innovation.
JPMorgan Chase & Co.

JPMorgan begins euro payments on its blockchain platform: Bloomberg

New York-headquartered investment bank JPMorgan Chase & Co. has launched euro-denominated transactions on its blockchain-based payment system, JPM Coin, Bloomberg reported on Friday. 
Bitcoin cryptocurrency gold coin. Trading on the cryptocurrency exchange.

Weekly Market Wrap: Bitcoin remains above US$30,000 as market shrugs off Prime Trust’s cease order

Bitcoin shrugged off Prime Trust’s cease order, as risk appetite was bolstered by several TradFi alumni entering the crypto space this week. Could we see more spot Bitcoin ETF applications next week?
DUBAI, UAE - MAR 18, 2014: Famous Jumeirah beach view with 7 star hotel Burj Al Arab, Dubai, United Arab Emirates

OKX crypto exchange to be operational in Dubai within the year, says executive

Seychelles-registered cryptocurrency exchange OKX, which says it is the world’s second-largest crypto platform by trading volume, opened an office in Dubai on June 15 as part of its global expansion and aims to raise staff numbers to 30 to tap opportunities in the region.
Bitcoin sprout | Bitcoin surges above US$28,000 on institutional adoption; Ether gains; U.S. equity futures down | Markets, BTC - Bitcoin, ETH - Ethereum, Non-Fungible Token - NFT, ETF

Bitcoin slips but remains above US$30,000, amid crypto custodian Prime Trust’s cease order

Bitcoin remained above US$30,000, even as Nevada state regulators in the U.S. ordered crypto custodian Prime Trust to cease operations.
crypto airdrop

Why DeFi token airdrops are risky and how to make them more secure: Opinion

Having a crypto wallet is necessary to participate in a token airdrop, but wallets are also vulnerable to hacks and mishaps, writes Ravindra Kumar of Frontier.
Single Bitcoin cryptocurrency on a silver through gold metallic gradient background lying face up in the centre | Bitcoin gains to hold above US$30,000; Ether little changed with top 10 crypto mixed

Bitcoin gains to hold above US$30,000; Ether little changed with top 10 crypto mixed

Bitcoin traded above US$30,000 to hold onto the strong gains made this week on the back of growing institutional interest in the token as an emerging asset.
Wall Street-backed crypto exchange a sign of lingering interest despite SEC’s crypto crackdown

Wall Street-backed crypto exchange a sign of lingering interest despite SEC’s crackdown

Top blockchain and crypto news: Wall Street backs new crypto exchange. NFT traders remain cautious. Alibaba’s incoming chairman is a crypto fan.
Indian money - rupee a busines background

SoftBank-backed crypto bank Xapo to expand services in India

Xapo Bank, a Gibraltar-based cryptocurrency bank backed by SoftBank, DST Global and Ribbit Capital, has announced its expansion to India, the world’s most populous nation. 
Hand holding a bitcoin coin and chart on laptop display at background. Cryptocurrency trading or investment concept

Bitcoin slips but remains above US$30,000 as TradFi alumni enter crypto

Bitcoin fell and Ether rose during Thursday afternoon trading in Hong Kong, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin rose above US$30,000 earlier today, following news of institutions like BlackRock, Fidelity and Deutsche Bank entering the crypto space.
Young man holding XRP Ripple coin in hand with green bush in background - Cryptocurrency and Digital asset concept

Ripple gets in-principle approval for Singapore digital payment license

The Asia-Pacific arm of San Francisco-based technology firm Ripple Labs saidThursday it received in-principle approval to start offering digital payment services in Singapore.
Golden bull and coins . Financial investment in bull market and growth of stock market concept. 3d illustration | Bitcoin breaches US$30,000 on institutional interest; Ether, other tokens follow higher

Bitcoin breaches US$30,000 on institutional interest; Ether, other tokens follow higher

Bitcoin breached US$30,000 in Thursday morning trading in Asia, leading gains across all top 10 cryptocurrencies by market capitalization.
Beautiful architecture building exterior cityscape in Singapore city skyline with white cloud on blue sky

Singapore central bank, Amazon, IMF unveil ‘purpose-bound’ money technical concept

The Monetary Authority of Singapore (MAS) released on Wednesday a whitepaper for “purpose bound” money, detailing a technical overview of digital currencies designed for specific purposes.
Bitcoin cryptocurrencies and graph statistic background

Bitcoin rises, remains above US$28,000; Ether, top 10 cryptos strengthen

Bitcoin and Ether rose during Wednesday afternoon trading in Hong Kong, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin rose above US$28,000 as signs of institutional crypto adoption bolstered investor sentiment.
Hong Kong and crypto coins

Hong Kong is the crypto industry’s beacon amid the current storm: Opinion

The relationship between Hong Kong and crypto will likely only grow stronger over time, as it’s based on mutual respect as well as need, writes Lily King.
Bitcoin sprout | Bitcoin surges above US$28,000 on institutional adoption; Ether gains; U.S. equity futures down | Markets, BTC - Bitcoin, ETH - Ethereum, Non-Fungible Token - NFT, ETF

Bitcoin surges above US$28,000 on institutional adoption; Ether gains; U.S. equity futures down

Bitcoin surged over 5% on Wednesday morning in Asia to breach the US$28,000 resistance level, leading a rally of the top 10 non-stablecoin tokens except XRP.
WisdomTree logo, Bitcoin

WisdomTree files new spot Bitcoin ETF application following BlackRock

New York-based asset manager WisdomTree has submitted a new application for a spot Bitcoin exchange-traded fund in the U.S., less than a week after BlackRock filed its application for a similar spot Bitcoin ETF.
Ethereum and Bitcoin | Bitcoin heads higher, Ether breaches US$2,000, U.S. equities rally on weak inflation readings | Markets, China, BTC - Bitcoin, ETH - Ethereum, DOGE - Dogecoin

Ordinals inspire a new type of Ethereum collectible called Ethscriptions

Ethereum developers inspired by Bitcoin’s ordinals launch ‘Ethscriptions’, a new on-chain collectible.
Bitcoin golden coin and dollar background. Cryptocurrency

Citadel, Fidelity, Schwab-backed crypto exchange launches amid U.S. crackdown

EDX Markets, a cryptocurrency exchange with backing from major Wall Street players such as Citadel Securities, Fidelity and Charles Schwab, officially launched on Tuesday.
Close up of metal shiny bitcoin crypto currency coins on US dollar bills. Electronic decentralized money concept.

Bitcoin inches up, Ether slips; top 10 cryptos mixed

Bitcoin rose and Ether fell during Tuesday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization closed mixed.
IMF Managing Director Kristalina Georgieva | IMF says common global CBDC platform, rules needed for international transactions: Reuters

IMF says common global CBDC platform, rules needed for international transactions: Reuters

Central banks need to agree on a common global platform and rules to ensure international use of CBDCs, IMF’s Kristalina Georgieva said.
flag of Japan and gaming icons

How Japan is illuminating the path of blockchain’s future: Opinion

In the Land of the Rising Sun, where the culture and ethos already align with the principles of blockchain games, the dawn of a new era of in gaming has arrived, writes Daiki Moriyama of Oasys.
Bitcoin | Bitcoin gains ground, Ether rises, Solana leads winners, BNB little-changed to lower | Markets, BTC - Bitcoin, ETH - Ehtereum, Non-Fungible Tken - NFT

Bitcoin gains ground, Ether rises, Solana leads winners, BNB little-changed to lower

Bitcoin rose on Tuesday morning in Asia to hold above support at US$26,000. Ether also logged gains along with most other top 10 non-stablecoin tokens.
Terraform Labs CEO Do Kwon in front of a wooden judges gavel on a law book | Securities or not? South Korea to evaluate Terra’s LUNA token | south korea terra luna, terra luna news, terra luna investigation, do kwon

Montenegro sentences Terraform Labs founder Do Kwon to four months’ jail for passport forgery

A Montenegro district court on Monday sentenced Terraform Labs chief executive officer Kwon Do-hyeong to four months’ jail for forging travel documents.
Golden bitcoins. Cryptocurrency in front of usa flag.

Bitcoin, Ether, rise; most top 10 cryptos fall as SEC lawsuit weighs on investor sentiment

Bitcoin and Ether rose during Monday afternoon trading hours in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization declined. Risk appetite remained low after the U.S. Securities and Exchange Commission (SEC) sued Binance and Coinbase two weeks ago.
crypto in Dubai and Hong Kong

How Dubai and Hong Kong are shifting crypto’s power dynamics: Opinion

As the US grapples with crypto regulation, Hong Kong and Dubai are emerging as leaders in the global digital economy, writes Ben Caselin of MaskEX.
Hong Kong

Hong Kong’s Cyberport signed up 150 Web3 firms in past year, says city’s financial secretary

Paul Chan, Hong Kong’s financial secretary, said more than 150 Web3 companies had registered at the Cyberport business park.
Bitcoin | Bitcoin dips after reclaiming US$26,000, Ether falls; XRP only gainer in the crypto top 10 | Markets, BTC - Bitcoin, ETH - Ethereum, XRP, Non-Fungible Token - NFT

Bitcoin dips after reclaiming US$26,000, Ether falls; XRP gains, Tron leads losers in crypto top 10

Bitcoin dipped on Monday morning in Asia after reclaiming US$26,000 support over the weekend. Ether also fell back but held above US$1,700.
Hong Kong city

Independent Reserve plans Hong Kong office, explores further Southeast Asia expansions

Independent Reserve may have a new Hong Kong office in the “next few months,” the Singapore chief of the Australian crypto exchange said in an exclusive interview. Focusing on institutional clientele, the exchange aims to double trade volumes and expand its user base this year.
Fidenza, XCOPY and Chromie Squiggles

Whales are feasting on NFT Art

Sotheby’s NFT auction sees Ringers #879 rise to the record books as one of the highest ever generative art in Ether value.

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