• Wealthcamp
  • Posts
  • Hong Kong's Crypto Leap with Bullish's Arrival

Hong Kong's Crypto Leap with Bullish's Arrival

Is crypto finally conquering the world?

Here’s Why Over 4 Million Professionals Read Morning Brew

  • Business news explained in plain English

  • Straight facts, zero fluff, & plenty of puns

  • 100% free

Hong Kong's digital asset industry just hit a significant mark, welcoming its 10th licensed crypto platform. Bullish, now officially sanctioned by the Securities and Futures Commission, marks a confident stride for the city in the crypto domain. With heavyweight investors like Peter Thiel and Alan Howard backing it, Bullish isn't just another face in the crowd; it's poised to redefine industry norms. As institutional attention sharpens and Hong Kong evolves into a hub of regulated trading, this development hints at intriguing market trajectories. Let's dive in!

  • Bullish becomes the 10th licensed crypto platform in Hong Kong with approval from the SFC, bolstering its ambitions with heavyweight investor backing. — Read More

  • Metaplanet announces a 10-for-1 stock split effective April 1, 2025, to enhance share liquidity. — Read More

  • A comprehensive guide on identifying high-yield DeFi projects early, emphasizing research, community engagement, and risk assessment. — Read More

  • Crypto market rebounds with Lightchain AI leading altcoin potential, offering smart solutions alongside Avalanche and Algorand. — Read More

  • BingX's new futures trading page establishes the platform among the global top five derivatives exchanges in 2024, emphasizing trading volume and innovative features. — Read More

  • BitGo announces a nonstop OTC trading desk with integrated custody, serving institutions amidst IPO considerations. — Read More

  • Space ID collaborates with Story Protocol to integrate blockchain-verified .ip domains, enhancing digital identity and IP management. — Read More

Analysts Spot Changes in Bitcoin Liquidation Dynamics

Bitcoin liquidations now exhibit reduced volatility compared to the 2021 bull run, analysts observe.

Strategy Seeks $2B for Bitcoin Expansion

Strategy plans $2 billion convertible notes for Bitcoin buys, sparking financial maneuvers.

Litecoin Surges as Bitcoin Halts Slide

Bitcoin rebounds from a two-week low, while Litecoin outshines others with a 10% rise.

Ethereum Transaction Fees Hit $0.41, Indicating Potential Growth

Ethereum transaction fees decline to $0.41, signaling potential for growth and wider adoption.

Tether Co-Founder Launches Yield-Generating Pi Protocol

Reeve Collins ventures back into stablecoins with Pi Protocol, aiming to rival Tether and USDC with yield from tokenized assets.

OSMO Tests Critical Support Amid Downtrend

OSMO struggles at key support, poised for breakout or further decline.

SUI Price Struggles as Bears Gain Ground

SUI faces a critical moment as its price teeters at $3, with bearish momentum threatening further declines.

Maker's Bullish Trend: 40% Surge Hints at Breakout

Maker (MKR) price surges 40%, signaling potential trend reversal but facing key resistance.

Litecoin Price Surge Spurs ETF Speculations

Litecoin's 9% rise and spot ETF anticipation fuels bullish outlooks, with key price targets set at $135 and $170.

February's Crypto Shake-Up: Altseason on the Horizon?

Crypto markets tumble with altcoins leading losses, while analysts predict a potential February bounce, reminiscent of past altseasons.

Kanbas Collection Acquires Sam Spratt NFT for $3 Million

Kanbas Collection's $3 million purchase of Sam Spratt's digital artwork hints at a more sustainable NFT market, reigniting interest in the sector, as sales follow Spratt's latest Story of Luci's chapter amidst upcoming platform updates.

Tether Eyes Major Stake in Adecoagro

Tether offers to buy 51% of Adecoagro, stirring scrutiny over its reserves.

Hong Kong Advances Tokenization and Stablecoin Efforts

Hong Kong pushes forward with tokenization and stablecoin initiatives, as it looks to enhance its web3 ecosystem.

MANTRA Finance Secures VASP License in Dubai

MANTRA Finance obtains a VASP license from Dubai's VARA, enabling it to offer regulated DeFi services.

ForU AI Unveils Community-Driven AI Agent Platform

ForU AI launches decentralized AI Agents by leveraging blockchain and AI-DiDs, supported by top investors including IBC Group.

SingularityNET and Mind Network Introduce ASI Hub for Securing Decentralized AI

SingularityNET and Mind Network launch the ASI Hub to enhance security in decentralized AI with fully homomorphic encryption and verifiable randomness.

South Korea's Supreme Court Dismisses TerraUSD and LUNA as Investment Products

Korea's Supreme Court rules failed TerraUSD and LUNA not financial investment products, thwarting prosecution's asset seizure appeal.

Coinbase Faces Investor Lawsuit Over Bankruptcy Misrepresentation

Coinbase is accused of misleading investors on bankruptcy risks and engaging in undisclosed proprietary trading, leading to a shareholder lawsuit.

Nigeria Moves to Tax Crypto Transactions

Nigeria's SEC plans to revise regulations for taxing crypto trades and expand licensing to boost revenue.

Cyprus Police Alert on SMS Fraud Targeting Crypto Holders

Cyprus Police warn of SMS scams impersonating Binance, urging activation of two-factor authentication to prevent fund theft.