Hong Kong’s Securities and Futures Commission has issued two new crypto trading platform licenses, bringing the total to seven since mid-2024. Source link
Day: January 29, 2025
Czech National Bank governor to propose $7B Bitcoin reserve plan
The Czech National Bank may invest up to 5% of its reserves in Bitcoin, potentially acquiring $7.3 billion in BTC as part of its diversification strategy. Source link
Crypto.com to delist Tether USDT, 9 other tokens in Europe on Jan. 31
Crypto.com will delist USDT and nine other tokens in Europe on Jan. 31 to comply with MiCA regulations, giving users until March 31 to convert assets. Source link
Warren probes Trump’s commerce chief pick Lutnick over Tether dealings
Senator Elizabeth Warren pressed Howard Lutnick, Donald Trump’s nominee to run the Department of Commerce, over his ties and interest in stablecoin issuer Tether. Source link
Bitcoin drop under $75K before April has under 10% chance: Analyst
Bitcoin’s pullback slightly increased the chance of it hitting $75,000 in the first quarter of the year, but the likelihood is still under 10%, says Derive’s Sean Dawson. Source link
Microsoft probing DeepSeek-tied group over OpenAI data gathering method: Report
Security researchers at Microsoft, OpenAI’s largest investor, detected suspicious data extraction from the firm’s API in the fall of 2024, Bloomberg reported. Source link
Solana (SOL) at Risk: Could More Losses Be on The Horizon?
Solana started a fresh decline below the $250 support. SOL price is consolidating and might face resistance near the $235 and $242 levels. SOL price started a fresh decline below the $250 and $240 levels against the US Dollar. The price is now trading below $240 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $235 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $242 zone.…
Cboe BZX refiles for Solana ETFs on behalf of 4 issuers
Cboe BZX Exchange made multiple refilings for Solana ETFs on behalf of fund issuers that the Securities and Exchange Commission knocked back last year. Source link
XRP Price Surge Cools Off: Is the Uptrend Still Intact?
XRP price started a strong increase above the $2.850 zone. The price is now correcting gains and showing positive signs above $3.00. XRP price started a downside correction from the $3.220 zone. The price is now trading above $3.00 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3.150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $3.150 resistance zone. XRP Price Regains Momentum XRP…
Utah House committee passes bill for state to buy crypto
The bill now needs to pass by majority vote in Utah’s House and Senate before being approved by state governor Spencer Cox, who appears to be pro-crypto. Source link