The Chairman of the Hong Kong Institute for International Finance (HKIIF), Xiao Geng, recently brought attention to the advantages of introducing a CNY-pegged stablecoin for Hong Kong at a finance forum event. Xiao emphasized that such a stablecoin could significantly benefit the offshore CNY market and enhance Hong Kong’s standing as an international financial center.
Innovative
Wall Street Pepe recently experienced a dramatic rise in its price, fueled by the return of Roaring Kitty. However, in a significant turn of events, the price has now crashed, leaving many investors reeling. As of the latest update, Wall Street Pepe is trading at a market price of $0.0001315, reflecting a staggering 24-hour change
As Dogecoin enthusiasts shift their focus to the emerging VR ICO called 5thScape, it is evident that the cryptocurrency market is constantly evolving. With the potential for 10x returns, investors are looking beyond traditional digital assets like Dogecoin and exploring new opportunities in the world of presale investing. While Dogecoin has shown promising signs of
The XRP (XRP) price has been facing significant challenges, especially with Binance halting XRP as a margin asset. This move has raised questions among traders about whether it is time to sell XRP. With the stablecoin TUSD also discontinued as a margin asset, the utility of XRP has taken a hit. Despite the lack of
Deutsche Bank has taken a significant step towards embracing digital assets and tokenization by partnering with the Monetary Authority of Singapore in Project Guardian. This initiative aims to test the applications of asset tokenization in a regulated environment, focusing on their viability and potential integration within financial markets. The collaboration also includes Memento Blockchain and
The meme coin FLOKI has been making waves in the cryptocurrency market, defying the odds and rallying by 8.8% in the last 24 hours. Inspired by Elon Musk’s pet Shiba Inu, FLOKI has seen a significant increase in value, with long-term holders experiencing a 28% rise in their digital assets over the last 30 days
An influential trader, Bluntz Capital, recently expressed concerns about DogWifHat’s future, suggesting that the popular Solana meme coin could potentially crash to as low as $1 from its current price of $3.17. Bluntz’s analysis of the price action over the past few weeks indicates a slow and corrective movement, leading him to believe that a
The recent surge in the Trump MAGA Base token has caught the attention of many investors, especially those who align with the MAGA movement. The token, trading at a market price of $0.00399, experienced a massive 24-hour change of +23,246%. This meteoric rise was fueled by a strong launch, followed by a significant uptrend that
In recent news, Robinhood Markets, a popular retail trading platform, made headlines when it announced its plans to challenge the US Securities and Exchange Commission (SEC) in court. The company’s crypto division, Robinhood Crypto, received a Wells Notice from the SEC, indicating potential charges of securities violations. CEO Vlad Tenev expressed his frustration with the
CoinPoker’s CSOP Plus (CSOP+) tournament series is a massive event with $25 million in guaranteed prize pools that will be taking place from May 5th to May 26th. This tournament series is an upgrade from the successful CSOP Spring event that occurred last month. The CSOP+ will consist of 14-18 daily events for three weeks,