OKX Nearing Binance in Active User Count: Report
Market Analysis

OKX is Nearing Binance’s Active User Numbers, Report Says

November 7, 2023 0

The crypto exchange OKX is reportedly approaching similar levels of active users as the world’s largest crypto exchange, Binance. “Binance still accounts for over half (51.2%) of crypto trading volumes among CEXs. OKX, Bybit, Bitget, […]

Hong Kong SFC Reveals Possible Criteria for the Tokenization of Investment Products
Market Analysis

Hong Kong SFC Outlines Potential Rules For Asset Tokenization

November 7, 2023 0

The Hong Kong Securities and Futures Commission (SFC) has released a document outlining potential requirements for the tokenization of investment products. “Tokenisation of investment products refers to the creation of blockchain-based tokens that represent or […]

Hong Kong Regulator Welcomes Crypto Spot ETF Proposals
Market Analysis

Hong Kong Willing to Consider Crypto ETF Applications

November 7, 2023 0

The Hong Kong Securities and Futures Commission (SFC) is open to approving exchange-traded funds (ETFs) that directly invest in crypto, provided that regulations address new risks. So far, the regulator has approved two Bitcoin futures […]

FTX to Sell Off $744 Million in Grayscale and Bitwise Assets
Market Analysis

FTX Plans to Sell $744 Million Worth of Trust Assets

November 7, 2023 0

As the broader crypto market rallies, FTX has proposed selling Grayscale and Bitwise Trust assets worth approximately $744 million. With the price of Bitcoin (BTC) hovering around $35,000, and with many believing the worst of […]

US Gov Holds Big Bitcoin Stash, But No Rush to Liquidate
Market Analysis

Can Bitcoin Miners Drive the BTC Price above $40,000?

November 7, 2023 0

Bitcoin (BTC) price spent the better part of the weekend consolidating around the $35,000 mark. However, several on-chain data points are now flashing green signals for another BTC price upswing.  When Bitcoin price hit a […]

UK Regulators Release 200-Page Crypto Asset Promotion Handbook
Market Analysis

UK Central Bank Plans to Regulate Stablecoin Issuers

November 7, 2023 0

The UK Financial Conduct Authority (FCA) and the Bank of England (Bank) have opened feedback for two papers discussing stablecoin regulations. The papers consider how these assets can be used safely for future payment systems […]

Crypto Investments Surge With $767 Million Inflows in 6 Weeks
Market Analysis

How Fresh Money Is Entering Crypto

November 6, 2023 0

As Bitcoin (BTC) trades near $35,000, fresh money is entering the crypto market. Last week, there was a total inflow of $261 million in crypto investment products. Crypto Investment vehicles such as exchange-traded products (ETPs) […]