Chief Executive John Lee provided a boost to the city's digital-hub ambitions in his policy address on Wednesday. Photo: Nora Tam alt=Chief Executive John Lee provided a boost to the city's digital-hub ambitions in his policy address on Wednesday. Photo: Nora Tam>There was plenty of room for growth amid improving regulatory clarity that would spur liquidity and product innovation, according to market participants. In July, the US introduced the Genius Act , a landmark legislation to promote innovation and c ...

The US Commodity Futures Trading Commission (CFTC) has named some crypto leaders as new members to its Global Markets Advisory Committee (GMAC) and its Digital Asset Markets Subcommittee (DAMS). Key Takeaways: The CFTC has added top crypto and Wall Street figures to its Digital Asset Markets Subcommittee. JPMorgan’s Scott Lucas and Franklin Templeton’s Sandy Kaul were named co-chairs. The CFTC is pushing forward with a “Crypto Sprint” and broader efforts to clarify jurisdiction alongside the SEC. ...

The FTX Recovery Trust is preparing a third round of distributions to creditors, totaling $1.6 billion, as it continues efforts to return funds tied to the collapsed crypto exchange. Key Takeaways: The FTX Recovery Trust will distribute $1.6 billion to creditors on September 30, bringing total payouts to $7.8 billion. US customer claims will receive 40%, while convenience claims are set for a 120% reimbursement in this latest round. With over $16 billion in recoverable assets, how remaining funds are ...

Bitcoin might be losing some of its thrill, according to MicroStrategy chairman Michael Saylor. As big institutions pour into the market, the extreme volatility that once defined Bitcoin is starting to fade. “You want the volatility to decrease so the mega institutions feel comfortable entering the space and size,” Saylor said on the Coin Stories podcast. But he admitted it’s a “conundrum,” less volatility makes Bitcoin stronger, but also less exciting. “It’s like they had this big high and now the adren ...

Key Points Ripple, the company behind XRP, has applied for a national trust bank charter. Approval could drive further investor enthusiasm and XRP's price higher in the near term. Long term, however, it could actually drag XRP's price down. 10 stocks we like better than XRP › XRP (CRYPTO: XRP) is having a monster year. The third-largest cryptocurrency is up more than 400% since September of last year. While much of this was driven by the resolution of the Securities and Exchange Commission's years ...

They wrote: “We have a choice. We can let the Bank of England cap innovation, stifle entrepreneurs and push capital offshore – or we can seize the opportunity, set the rules in Parliament and lead the world.”Mr Farage and Mr Yusuf said they would pave the way for widespread cryptocurrency use if elected.While Mr Bailey has not directly rejected stablecoins, he told MPs this year he would need “a lot of convincing that the use case was made”.Rachel Reeves, the Chancellor, also risks a clash with Mr Bailey ov ...

Circle Internet Group (NYSE:CRCL) is one of the stocks Jim Cramer recently shared his thoughts on. During the episode, Cramer discussed the stock’s volatile price movement, as he commented: “Circle Internet, another crypto play. They have a stable coin, came public at $31, and rallied to $103 and then charged all the way to $298, are you kidding me, before falling to $131, where it is now. And I gotta tell you, it is still way too high. The moves in Figma, Bullish, and Circle Internet were all unsustainab ...

Gemini Space Station, Inc. (NASDAQ:GEMI) is one of the stocks Jim Cramer recently shared his thoughts on. Cramer poked fun at the company’s name but acknowledged crypto legacy and discussed the stock’s decline. He stated: “Right now, we need a little curbing. I could say the same thing about Gemini Space Station, the ridiculous name for the crypto outfit, founded by the Winklevoss twins 11 years ago. After a 14% gain on its first day of trading last Friday, the stock has now fallen well below its $28 offe ...

降息引发加密市场波动，卖 U 钱包成灵活处置选择 全球金融市场联动下，美联储货币政策调整直接牵动加密市场走向。自美联储联邦公开市场委员会 （FOMC）宣布将联邦基金利率目标区间下调 25 个基点至 4.00%-4.25%，便引发加密货币市场短期震 荡。此次降息为自 2024 年 12 月以来首次，核心动因是美国近月新增就业数据低于预期，市场预判后续 仍有宽松空间。受此影响，加密市场情绪呈现分化：以太坊短时间内涨近 6%、狗狗币涨超 9%，但同 时全网合约爆仓超 4 亿美元，15 万投资者中近八成是空单爆仓。 市场波动中，投资者对资产灵活处置的需求凸显。据 XBIT Wallet 报道，比特币、以太坊等主流币种价 格在消息发布后快速异动，部分投资者为规避短期风险，选择通过卖 U 钱包这类资产变现工具及时兑 现收益，对冲持仓波动，成为应对市场不确定性的重要选择之一。 XBIT Wallet 多维防护，筑牢数字资产安全屏障 面对加密市场波动与投资者的资产管理需求，XBIT Wallet 去中心化 web3 钱包凭借综合优势提供可靠 支持。该钱包不仅具备 XBIT Wallet 去中心化钱包 web3 经济通行证属性 ...

A little-known sports holding company has surged as high as 464% in days. Brera Holdings invests in football clubs across Europe. Now, the company plans to transition to a crypto treasury, and investors are loving it. The move: Brera Holdings stock has surged more than 450% in recent days. From its closing price on Wednesday of $7.65 per share to Friday's high of $43.14, the stock spike as much 464% before paring gains. Why: Brera, known mostly for investing in soccer clubs throughout Europe, is t ...