INSIGHT
Asset Markets 2024, Why Are Investors Focusing On Bitcoin
Called the 'Year of the Blue Dragon', 2024 has just begun. Cryptocurrency investors are hopeful that the bull market of Bitcoin(BTC) will continue throughout the year. The cryptocurrency market is off to a good start in 2024. Global cryptocurrency investors' dreams seem to be one step closer to reality as the U.S. Securities and Exchange Commission (SEC) officially approved an ETF that follows Bitcoin's spot price. Bitcoin was the most interesting investment asset for investors last year. Bitcoin's price, which had remained at $16,000 at the be
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David Wolinsky "Focusing on Freedom with Web 3.0"
Aptos appeared at October of 2022 with its mainnet and heated up the world with the 'Aptos craze'. The launch of Aptos received the world's expectations on the reputation that it was launched by the developers from Facebook's blockchain project 'Libra' and 'DM'. With the expectation, Aptos succeeded in attracting large-scale investment before the launch of the mainnet, and then Aptos succeeded in attracting popularity and made it a syndrome with its unique technology after the launch. While there are many Web 3.0 projects that appeared with the slogan of 'Building
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What Bitcoin Spot ETF Means
The hope elated to the approval of Bitcoin (BTC) spot exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) riased cryptocurrency market in the second of this year. The cryptocurrency market heated up with signs that the door to approving Bitcoin spot ETFs, which had been firmly closed for years, would finally open. However, there are many interpretations on how the Bitcoin spot ETF, which has heated up the market, will change the value of Bitcoin, a key asset. # BlackRock Is Undefeated in ETF App
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OKLink·HashKey Announce to Advance Regulatory Compliance of Cryptocurrency in Hong Kong
HONG KONG, Sept. 6, 2023 /PRNewswire/ -- OKLink, a subsidiary of OKG Technology Holdings Limited ("OKG Tech," 1499.HK), a leading global provider of Web3 on-chain data and compliance solutions, is pleased to announce its official partnership with HashKey Exchange, the first licensed retail virtual asset exchange in Hong Kong. With this collaboration, OKLink will provide HashKey with a range of services, including on-chain data and on-chain Anti-Money Laundering (Onchain AML) solutions, to meet its excha
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Crying Out Challenge In the Center of the Dollar
Robert F. Kennedy Jr., the nephew of former U.S. President John F. Kennedy and current U.S. presidential candidate, announced a plan to make the 'Bitcoin(BTC) Standard', declaring a new challenge for dollar hegemony. Candidate Kennedy Jr. mentioned the issuance of U.S. government bonds linked Bitcoin in a speech at the 2024 campaign event Hilde Divide Pack on the 19. July and insisted on the revival of the U.S. economy. He said "We will stabilize the U.S. economy by supporting the U.S. dollar with 'hard assets' including gol
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Fed Wants to Extend Dollar Hegemony Through Stablecoin
"We do see payment stablecoins as a form of money, but wouldn't continue exploring the launch of a CBDC." Jerome Powell, chairman of the U.S. Federal Reserve System(Fed), expressed opposing views on stablecoins and "Central Bank Digital Currency (CBDC)" at the U.S. House of Representatives Financial Services Committee on the 22nd. Powell, who emphasized that the source of the currency is the trust given by the central bank, stated that the Fed would give the stablecoin its authority, while specifying that Fed has no intention to iss
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U.S. Bank Crisis Prepared $81.83 billion for Crypto Bull Market
The increase in market capitalization of stablecoin Tether(USDT) may be a sign of crypto bull market. Amid a series of collapse of traditional U.S. banks, U.S. investors have begun to choose Tether. # U.S. Bankruptcy Woke Investors From Matrix The beginning began when the idea on asset deposits has been changed from investors. This is because banks, which were considered the 'safetyiest places' for asset deposits, have gone bankrupt one after another. The back-to-back bankruptcies of U.S. banks, which began in earnest in March, have created wid
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Ripple and XRP Investors Accompanying with Diffrent Ulterior Motive
# They said "They Don't Mind Much," But Everyone Has Been Caring for the Verdict. Litigation with the U.S. Securities and Exchange Commission (SEC) is not the top priority of Ripple's business, and Ripple puts more emphasis on Ripple's business expanding worldwide." Ripple's executives visited South Korea last week to hold a policy summit. Brooks Entwistle, a senior vice president of global customer success of Ripple, and Rahul Advani, a general manager of Asia-Pacific policy of Ripple, visited in Korean and had a meeting wi
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Hong Kong Will be the Launcher for Next Crypto Bullish Market
"The next bullish market for cryptocurrency will begin in the East." Many 'big players' in cryptocurrency marekt have pointed out that the opposite policies for cryptocurrency acceptance between the East (Asia) and the West (US) will be represented as the result of next bull market. Cameron Winkleboss, co-founder of the cryptocurrency exchange Gemini, recently tweeted, "We know that cryptocurrency has become a global asset group and is an unstoppable trend. If we do not provide a clear regulatory system, the U.S. government will disappear into the dust." In addi
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The U.S. Regulators' Stablecoin Regulation Will Open Cryptocurrency Prosperity
"The U.S. regulatory authority's Stablecoin regulation is a sign that means a 'market prosperity period', not a 'market ice age'." # 'Stablecoin Fear' Started in BUSD of Binance Recently, the cryptocurrency market has been in great fear due to the U.S. regulatory agency's stablecoin crackdown. Major U.S. regulators, including the U.S. Securities and Exchange Commission (SEC) and the New York Financial Services Agency (NYDFS), suddenly launched an crackdown on the world's third-largest stablecoin Binance USD (BU
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WEMIX Listed on Mercado Bitcoin, The Largest Exchange in Brazil
SEOUL, South Korea, Feb. 15, 2023 /PRNewswire/ -- WEMIX, the utility coin of the world's biggest blockchain gaming platform (WEMIX PLAY), successfully completed its listing on Mercado Bitcoin, the largest crypto exchange in Brazil, on Feb 14, 5 pm (UTC). The listing enabled WEMIX trading via Brazilian Real, the country's official fiat currency, largely enhancing the accessibility for Brazilians. Founded in 2013, Mercado Bitcoin is the largest crypto exchange in Brazil. It provides trading and staking se
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Sam Shim "Supporting Korean Developers Advance Into the World"
As a layer 1 blockchian of Binance, 'Binance Chain(BNB Chain)', has been cleary growing during 'Crypto Winter'. The BNB chain has long surpassed the Ethereum network by expanding its force with the growth of 'NFT' and 'DeFi'. In the market, BNB Chain, which has the world's No. 1 exchange Binance on its back, would consider it as the global largest layer 1 blockchain. The BNB chain has given blockchain developers the perception of 'a front runner' that it has the largest scale of blockchain in the world. However, it is still unfami
