Ether to breach $4K before Trump’s inauguration: Analyst
Source: Coin Tegraph Ether has outperformed Bitcoin in futures yields, signaling more potential ETF inflows that could catalyze a rally above $4,000 before Jan. 20. Read Full Article
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Crypto-Friendly Hong Kong Offers Tax Exemptions to Attract Hedge Funds and Family Offices
Source: Bitcoinist Hong Kong has recently announced a bold move to strengthen its position as a global financial hub, particularly in the cryptocurrency sector. In a recent proposal, the Financial Services and Treasury Bureau in Hong Kong has suggested “waiving capital gains tax” on investments in cryptocurrencies and other alternative assets for hedge funds, private…
Taiwan enforces AML registration mandate for crypto providers
Source: Coin Tegraph Taiwan accelerates its crypto AML mandate, imposing stricter registration rules and hefty penalties for noncompliance. Read Full Article
Bitcoin whales 'took advantage' of $90K BTC price dip, scooping up $1.5B
Source: Coin Tegraph Wealthy investors’ appetite for Bitcoin continues to grow as BTC price is once again eyeing the $100,000 milestone level going into December. Read Full Article
Bitcoin price retains 8% gains as attention switches to Ethereum comeback
Source: Coin Tegraph Bitcoin bulls avoid further retests of round-number levels as support as Ethereum finally wakes up. Read Full Article
Vancouver Mayor Pushes Bitcoin As Reserve Asset In Bold Financial Plan
Source: Bitcoinist Vancouver is the latest city to join the discussions on adding Bitcoin to the government’s financial reserves. At a city council meeting on November 26th, Mayor Ken Sim submitted his notice of motion, where he plans to introduce his proposed Bitcoin bill on December 11th. The city’s proposal is titled ” Preserving the…
Europe’s Coinbase users frustrated as MiCA forces sunset of USDC yield
Source: Coin Tegraph Some Coinbase users are airing frustrations at the region’s MiCA laws, which are forcing the exchange to stop offering yields on USDC in the European Economic Area. Read Full Article
Ethereum’s “Secondary Bull Run” Is Here, Quant Explains Why
Source: Bitcoinist A quant has explained how Ethereum is now in its secondary bull run phase according to the trend in this popular on-chain indicator. Ethereum MVRV Ratio Is Forming A Pattern Similar To Past Two Cycles In a CryptoQuant Quicktake post, an analyst talked about the latest trend in the Market Value to Realized…
Hong Kong central bank to subsidize companies issuing tokenized bonds
Source: Coin Tegraph Hong Kong’s government already issued $100 million in tokenized green bonds on Feb. 16 under its Green Bond Programme. Read Full Article
Over 90% of ETH holders are in profit, but doubts linger over $4K breakout
Source: Coin Tegraph While more than 90% of Ether holders are in profit, data shows traders remain cautious about the asset hitting $4,000 anytime soon. Read Full Article