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According to a Bloomberg report, BlackRock, the world’s largest asset management company, has resubmitted the application documents for the Bitcoin spot ETF through the Nasdaq exchange, adding new details. Prior to this, the US Securities and Exchange Commission (SEC) had said that the company’s application filing was insufficient and lacked the necessary information. The latest …

BlackRock resubmits “Bitcoin Spot ETF” application! Will it be successful this time? Read More »

Get rid of the FUD Recently, there have been many controversies surrounding Binance in the crypto market, including Forbes, the Financial Times and Reuters all reporting on its alleged misuse of funds and other issues. For this reason, Changpeng Zhao specifically explained that he believes that mainstream Western news tends to be negative about cryptocurrencies. …

CZ’s latest interview: Put under the “regulatory microscope”, the market is recovering from the bear market Read More »

With significant progress made in the U.S. debt ceiling agreement, amid high market optimism, the cryptocurrency market rebounded strongly this morning (29th). Bitcoin broke through the $28,000 mark, out of the stagnation of recent gains. After weeks of negotiations, U.S. President Joe Biden and House Speaker Kevin McCarthy finally reached an agreement on the debt …

There is a solution to the US debt crisis! Bitcoin makes a comeback, breaks through $28,000 Read More »

According to “Bloomberg” report, cryptocurrency investment company HashKey Group intends to take advantage of the Hong Kong government’s determination to develop the virtual asset ecosystem and raise funds of US$100 million to US$200 million at a valuation of more than US$1 billion. Founded in 2018, HashKey is the only cryptocurrency exchange in Hong Kong that …

The valuation looks at $1 billion! Hong Kong HashKey is seeking US$100-200 million in financing Read More »

According to a report by the Financial Times on May 15, the National Cryptocurrency Enforcement Team (NCET) under the U.S. Department of Justice (DOJ) is stepping up scrutiny of cryptocurrency exchanges to crack down on illegal behavior on these platforms. Eun Young Choi, director of NCET, said that the U.S. Department of Justice is now …

Crack down on cryptocurrency crime! The U.S. Department of Justice says it will “enhance scrutiny” of exchanges Read More »

Yu Weiwen, President of the Hong Kong Monetary Authority, said today (9) that although the Hong Kong government has promised to develop the cryptocurrency industry in a sustainable manner, it will “never be soft” in terms of regulation. Cryptocurrency companies that want to establish a foothold in Hong Kong should not take it lightly . …

Hong Kong regulates cryptocurrency industry ‘will never be soft’ Read More »

Since FTX went bankrupt in November last year, the U.S. authorities have continuously escalated their supervision of cryptocurrencies, and the “big tree attracting wind” Binance has come under unprecedented scrutiny. John Reed Stark, a former lawyer and director of cyber law enforcement at the U.S. Securities and Exchange Commission (SEC), said that Binance’s prospects are …

Former U.S. SEC official: Binance’s future is in jeopardy Read More »

After the business intelligence platform MicroStrategy turned from loss to profit for the first time since 2020, it reiterated its adherence to its investment strategy for Bitcoin and stated that it will continue to buy Bitcoin. The company, founded by Michael Saylor, swung to a $94 million profit in the first quarter, largely due to …

MicroStrategy’s first quarter “turning losses into profits”! Read More »