Key Notes JPMorgan initiated coverage on HashKey with an Overweight rating and a HK$9 target, implying roughly 28% upside. The bank expects institutional digital asset inflows in Hong Kong to grow at about an 85% CAGR through 2027. HashKey’s licensed status and roughly 75% local market share support its growth outlook amid expanding crypto services.
Bitcoin price briefly tested $90,000 on Wednesday, extending a rebound from last week’s sharp sell-off. It comes ahead of the Federal Open Market Committee (FOMC) rate decision later today. However, analysts warn that the move offers relief rather than resolution as crypto markets brace for a dense cluster of US macro and policy risks. Bitcoin
Shares of Intel (INTC) extended gains in after-hours trading as rumors swirled that NVIDIA may be turning to the US-based semiconductor company to diversify its chip manufacturing. INTC rose more than 3% on Monday, according to Yahoo Finance. Taiwan-based outlet DigiTimes reported Monday, citing supply chain sources, that NVIDIA plans to collaborate with Intel on
With Bitcoin (BTC) attempting to reclaim the $90,000 resistance zone, analysis by a trading expert suggests that the asset is likely to see a correction in the coming months. Indeed, the TradingShot outlook shared in a TradingView post on January 28 indicated that a possible drop to $45,000 can be derived from the view that
Long term holders of bitcoin $BTC$88,841.00 are again selling the largest cryptocurrency, with distribution now at the fastest pace in five months. Last year’s action front-ran a market top that occurred, as many had expected, in October. In the past 30 days, investors who’ve held bitcoin for at least 155 days — a cohort typically
Since Bitcoin’s crash began in October, the historically rapid bull months have failed to meet expectations. While October and November, generally known as bull months, saw declines, attention has now turned to February. At this point, popular economist Timothy Peterson described February as the most stable and optimistic month for Bitcoin since 2016. The analyst
Bitcoin is preparing to test key resistance levels within the Donchian Channel, signaling potential for further upward movement. For context, Bitcoin ($BTC) has seen a 0.9% increase in the last 24 hours, currently trading at approximately $88,911. The price fluctuated between a low of $87,315.18 and a high of $89,394.00 during this period. However, over
WisdomTree is expanding its tokenization efforts to Solana, adding the blockchain to the list of networks supporting its real-world asset (RWA) products. The New York–based asset manager, best known for its exchange-traded funds, said Wednesday that both institutional and retail investors will be able to mint, trade and hold its full suite of tokenized funds
A fresh debate has started in the crypto world after a viral claim about Bitcoin’s future cycles. The statement came from YoungHoon Kim, who holds a Guinness-recognised IQ score of 276. He said that Bitcoin’s traditional four-year cycle is dead and that the market is now entering a decade-long supercycle. The claim spread across social
Coinbase’s stock extended losses on Tuesday, even as the crypto exchange rolled out copper and platinum futures trading in its latest bid to diversify beyond digital assets that have hammered investor confidence. The company announced Tuesday that traders can now access copper and platinum futures on its platform, joining previously available gold and silver contracts.