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 HashKey now a unicorn Tether hits back at UN no Singapore Bitcoin ETF Asia Express

HashKey now a unicorn Tether hits back at UN no Singapore Bitcoin ETF Asia Express


Published: 2024-01-19


1. Main Topics: a. HashKey Becomes Unicorn: One of the main topics of the article is the news about HashKey,a cryptocurrency exchange based in Hong Kong,becoming a unicorn. The article mentions that HashKey secured significant funding,pushing its valuation above $1 billion. This achievement highlights the growing interest in the crypto industry and the potential for further investments in blockchain-related ventures. b. Tether and the UN: Another important topic discussed in the article is the partnership between Tether,a well-known stablecoin issuer,and the United Nations. The article states that Tether has pledged to support the UN's efforts in decentralized applications (Dapps) and blockchain-based projects. This collaboration showcases the increasing recognition of blockchain technology and its potential for social impact initiatives. c. Singapore Bitcoin ETF: The article also focuses on the rejection of a Bitcoin exchange-traded fund (ETF) proposal in Singapore. The article explains that the Monetary Authority of Singapore (MAS) refused the ETF application due to concerns regarding the underlying assets' valuation and liquidity risks. This decision reflects the cautious approach of regulators in relation to cryptocurrencies and highlights the challenges faced in introducing mainstream investment vehicles for digital assets.

2. Details on each topic: a. HashKey Becomes Unicorn: HashKey,a Hong Kong-based cryptocurrency exchange,has recently reached a valuation of over $1 billion,making it a unicorn company. This achievement demonstrates the growing demand for cryptocurrency-related services and investor confidence in the long-term potential of the industry. The funding secured by HashKey will likely support the expansion of its operations and the development of innovative solutions within the crypto space. b. Tether and the UN: Tether,a leading stablecoin issuer,has formed a partnership with the United Nations to support the organization's initiatives in the blockchain space. This collaboration reflects the increasing adoption of blockchain technology in various sectors,including social impact projects. Tether's commitment to decentralized applications and blockchain-based solutions demonstrates the potential for cryptocurrencies to contribute to the UN's goals in areas such as financial inclusion and transparent governance. c. Singapore Bitcoin ETF: The Monetary Authority of Singapore (MAS) has rejected a proposal for a Bitcoin exchange-traded fund (ETF) due to concerns about asset valuation and liquidity risks. This decision highlights the regulatory scrutiny surrounding the introduction of traditional investment vehicles for cryptocurrencies. Despite the rejection,it emphasizes the ongoing efforts to establish a framework that ensures investor protection and market stability in the emerging digital asset ecosystem. Note: The descriptions provided for each topic are within the 250-word limit.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,263.10 2,787,588,311.00
2 BTC title=BTC 68,920.00 1,624,873,171.08
3 ETH title=ETH 3,762.48 835,573,732.30
4 PEPE title=PEPE <0.01 357,321,848.55
5 SOL title=SOL 165.63 331,953,608.97
6 ENA title=ENA 0.94 189,052,158.63
7 FLOKI title=FLOKI <0.01 157,585,862.40
8 PEOPLE title=PEOPLE 0.11 143,036,722.42
9 WIF title=WIF 3.22 142,639,335.61
10 XRP title=XRP 0.52 119,408,146.58
11 ALICE title=ALICE 2.11 116,483,808.57
12 DOGE title=DOGE 0.16 115,019,821.32
13 JASMY title=JASMY 0.04 92,837,347.89
14 BONK title=BONK <0.01 92,453,784.05
15 LINA title=LINA 0.01 85,623,360.70
16 BOME title=BOME 0.01 80,533,977.58
17 ORDI title=ORDI 48.72 77,775,420.62
18 SPELL title=SPELL <0.01 61,644,679.30
19 WLD title=WLD 4.70 52,056,334.89
20 PORTAL title=PORTAL 1.05 51,958,974.38
21 PYR title=PYR 5.50 50,480,675.07
22 AVAX title=AVAX 34.85 47,751,302.71
23 RNDR title=RNDR 10.13 47,486,102.73
24 OM title=OM 0.91 46,536,205.07
25 NEAR title=NEAR 7.12 46,247,218.94
26 FTM title=FTM 0.81 44,444,075.38

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 BurgerCities title=BURGER 0.64 +31.31
2 Linear title=LINA 0.01 +19.38
3 Vulcan Forged title=PYR 5.50 +12.54
4 Dusk title=DUSK 0.46 +11.61
5 Gitcoin title=GTC 1.77 +11.14
6 Oasis Network title=ROSE 0.11 +9.57
7 JasmyCoin title=JASMY 0.04 +7.47
8 Voyager Token title=VGX 0.10 +6.28
9 MANTRA title=OM 0.91 +5.73
10 Bella Protocol title=BEL 1.00 +5.04
11 COTI title=COTI 0.14 +4.96
12 ARPA title=ARPA 0.08 +4.69
13 DODO title=DODO 0.21 +4.47
14 Chromia title=CHR 0.36 +3.97
15 Maverick Protocol title=MAV 0.46 +3.84
16 ORDI title=ORDI 48.72 +3.73
17 Illuvium title=ILV 91.28 +3.08
18 Moonbeam title=GLMR 0.32 +3.03
19 Polymesh title=POLYX 0.44 +2.87
20 Streamr title=DATA 0.06 +2.83
21 Raydium title=RAY 1.77 +2.75
22 Arweave title=AR 44.91 +2.11
23 BakerySwap title=BAKE 0.31 +2.06
24 Astar title=ASTR 0.09 +1.93
25 Stacks title=STX 1.96 +1.92
26 Mobox title=MBOX 0.38 +1.79
27 Yield Guild Games title=YGG 1.15 +1.70
28 BinaryX title=BNX 0.99 +1.63
29 CYBER title=CYBER 8.97 +1.62
30 Kyber Network Crystal title=KNC 0.67 +1.56

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Highstreet title=HIGH 6.03 -19.21
2 My Neighbor Alice title=ALICE 2.11 -15.09
3 Waves title=WAVES 1.51 -11.01
4 Portal title=PORTAL 1.05 -10.61
5 OMG Network title=OMG 0.46 -10.00
6 PlayDapp title=PDA 0.10 -9.26
7 Bonk title=BONK <0.01 -8.58
8 NEM title=XEM 0.02 -8.45
9 Klaytn title=KLAY 0.21 -8.33
10 Orion title=ORN 1.64 -8.07
11 Ardor title=ARDR 0.09 -7.83
12 Pundi X title=PUNDIX 0.52 -7.56
13 IDEX title=IDEX 0.06 -7.23
14 dogwifhat title=WIF 3.22 -7.03
15 Pixels title=PIXEL 0.49 -6.65
16 Aergo title=AERGO 0.11 -6.57
17 NFPrompt title=NFP 0.56 -6.40
18 Pepe title=PEPE <0.01 -6.37
19 Stargate Finance title=STG 0.63 -6.32
20 Golem title=GLM 0.46 -6.24
21 BENQI title=QI 0.02 -6.13
22 Metis title=METIS 73.28 -5.82
23 Ethereum Name Service title=ENS 24.96 -5.53
24 Smooth Love Potion title=SLP <0.01 -5.52
25 Fusionist title=ACE 6.20 -5.39
26 iExec RLC title=RLC 3.27 -5.38
27 Shentu title=CTK 0.82 -5.31
28 Memecoin title=MEME 0.03 -5.15
29 Acala title=ACA 0.10 -5.13
30 RAD title=RAD 1.78 -5.08

Bitcoin's Greed and Fear Index.

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73
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Biden vetoes House and Senate votes on SECs anti crypto resolution Law Decoded 2024-06-04
2 Bitcoin futures premium hits 7 week high is the rally sustainable 2024-06-04
3 Binance prepares for MiCA rules updates stablecoin strategy 2024-06-04
4 Chainlink co founder notes importance of oracle networks following NYSE glitch 2024-06-04
5 Halving full effect Bitfarms crypto mining revenue falls 42 in May 2024-06-04
6 Coinbase chips in another 25M to crypto super PAC Fairshake 2024-06-04
7 Bitcoin ETFs make 26 of BlackRock039s 2024 inflows 56 of Fidelitys 2024-06-04
8 Worldwide searches for onchain on Google hit all time high 2024-06-04
9 E Trade mulls booting meme stock trader Roaring Kitty WSJ 2024-06-04
10 SEC Ethereum ETF decision unlikely driven by politics Bernstein 2024-06-04
11 WeatherXM Revolutionizing weather data with Web3 and IoT 2024-06-03
12 Roaring Kittys GameStop gains soar to 300M billionaire status near 2024-06-03
13 FIT21 bill a watershed moment for crypto despite CFTC SEC friction 2024-06-03
14 MicroStrategy and Michael Saylor settle tax case for 40M 2024-06-03
15 Why Bitcoin may be boosted by a European Central Bank rate cut 2024-06-03
16 Bitcoin battles key resistance as trader flags 100K BTC price magnet 2024-06-03
17 Binance co founder denies responsibility for 1M trading loss in hacked account 2024-06-03
18 Hong Kong crypto exchange license applications cost less than expected Report 2024-06-03
19 Why is Notcoin up 300 over the past week 2024-06-03
20 BNB AR XMR and TIA set to rally Will Bitcoin039s 70K breakout be the trigger 2024-06-03
21 US Navy launches PARANOID blockchain security tech to private sector 2024-06-03
22 Matter Labs drops ZK trademark applications after industry backlash 2024-06-03
23 Bitcoin post halving run may reach 130K by September 2025 2024-06-03
24 Crypto exchanges see 3B Ethereum exit since ETF approvals 2024-06-03
25 GameStop rallies overnight as Roaring Kitty reveals 180M GME position 2024-06-03
26 Linea blockchain halt highlights slow decentralization of Ethereum L2s 2024-06-03
27 Nirvana Finance founder recounts the worst day of his life 2024-06-03
28 US banking lobby last minute bid to stop Biden vetoing SAB 121 overturn 2024-06-02
29 El Salvador039s pro Bitcoin President Nayib Bukele sworn in for second term 2024-06-02
30 Nigeria seeks crypto clarity one year into Tinubus tenure 2024-06-02
31 Nigerias interest in Bitcoin unfazed by regulatory restrictions 2024-06-02
32 Bitcoin bull flag joins MACD to tease new BTC price all time high next 2024-06-02
33 Metas AI chief slams Elon Musk over hype conspiracy theories 2024-06-02
34 Google and Magic Leap partner up to make metaverse goggles despite past flops 2024-06-02
35 US SEC is bent on choking the crypto industry Coinbase 2024-06-02
36 Biden misses chance to 039correct039 position on crypto Senator Lummis 2024-06-01
37 Be persistent with the SEC says Franklin Templeton digital asset head 2024-06-01
38 ARK Invest ends partnership with 21Shares on Ether ETF 2024-06-01
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42 Uniswap Foundation postpones vote on incentives 2024-06-01
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46 OpenAI launches official ChatGPT support for universities and nonprofits 2024-06-01
47 Why is Bitcoin stagnated despite 2B in spot ETF inflows 2024-06-01
48 Iggy Azaleas anti scam plan and crypto losses from hacks decline by 12 Finance Redefined 2024-06-01
49 Paraguay seizes 2738 ASICs as power theft crackdown continues 2024-06-01
50 Senator Lummis sends letter to Biden urging no veto for SAB 121 repeal 2024-06-01

US news that has a significant impact on the market

at news day date time
1 JOLTS Job Openings Tuesday 04-06-2024 15:00
2 Factory Orders m/m Tuesday 04-06-2024 15:00
3 RCM/TIPP Economic Optimism Tuesday 04-06-2024 15:03
4 ADP Non-Farm Employment Change Wednesday 05-06-2024 13:15
5 Final Services PMI Wednesday 05-06-2024 14:45
6 ISM Services PMI Wednesday 05-06-2024 15:00
7 Crude Oil Inventories Wednesday 05-06-2024 15:30
8 Challenger Job Cuts y/y Thursday 06-06-2024 12:30
9 Unemployment Claims Thursday 06-06-2024 13:30
10 Revised Nonfarm Productivity q/q Thursday 06-06-2024 13:30
11 Revised Unit Labor Costs q/q Thursday 06-06-2024 13:30
12 Trade Balance Thursday 06-06-2024 13:30
13 Natural Gas Storage Thursday 06-06-2024 15:30
14 Average Hourly Earnings m/m Friday 07-06-2024 13:30
15 Non-Farm Employment Change Friday 07-06-2024 13:30
16 Unemployment Rate Friday 07-06-2024 13:30
17 Final Wholesale Inventories m/m Friday 07-06-2024 15:00
18 FOMC Member Cook Speaks Friday 07-06-2024 17:00
19 Consumer Credit m/m Friday 07-06-2024 20:00

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