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Hong Kong Banks Are Embracing Crypto Companies Despite Skepticism Across The Globe
Friday, April 28, 2023 - 11:33am | 510Hong Kong is encouraging banks to cater to the needs of licensed virtual-asset firms — a move that highlights the city's ambition to establish itself as a leading cryptocurrency center. Meanwhile, in the U.S., banks are tightening restrictions on the digital-asset sector. The Hong Kong...
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Bitcoin Breaks Through $26K Ceiling First Time Since June 2022 — Experts Predict More Steam Ahead
Tuesday, March 14, 2023 - 11:54am | 589Bitcoin (CRYPTO: BTC) surged to $26,000 on Tuesday, reaching its highest value since June 2022, amid a growing sense of optimism that the digital asset sector will weather the recent turmoil in the U.S. financial system. The largest cryptocurrency has gained for the fourth consecutive day,...
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USD Coin Defies Gravity And Returns To $1 Peg After Nail-Biting Weekend
Monday, March 13, 2023 - 10:27am | 451Stablecoin USD Coin (CRYPTO: USDC), issued by Circle, is gradually returning to its $1 peg, after a tumultuous weekend, after CEO Jeremy Allaire confirmed that Circle's reserves are secure and the firm has found new banking partners who will be operational on Monday. USDC's value has risen...