Regulators in Hong Kong laid out ten measures to boost bond issuance, deepen RMB markets, and advance tokenized assets. The plan ties in a third batch of tokenized green bonds and a new stablecoin licensing regime, signaling how the city wants to anchor its role in digital finance. A Roadmap With Four Pillars Hong Kong’s
The U.S. is staring at an 83% chance of a government shutdown, according to analyst Crypto Rover’s post on X, as funding deadlines expire September 30. Each week without a deal could shave $7 billion off the economy, disrupt federal pay, and delay critical services while markets absorb fresh uncertainty over Fed policy. That elevated
Mike Novogratz, a former Goldman Sachs partner, Wall Street veteran, and founder of Galaxy Digital, shared his striking predictions about the future of cryptocurrency markets. Novogratz offered insider insights into market cycles, institutional adoption, and the catalysts that will trigger the next major bull rally. After eight years of waiting, Wall Street’s “herd” has finally
China is reportedly making a bid to expand its influence in global gold markets by offering to hold foreign central bank reserves within its borders. According to Bloomberg, the People’s Bank of China has used the Shanghai Gold Exchange in recent months to pitch central banks in friendly countries on the idea. At least one
Crypto mining firm TeraWulf (WULF) is planning to raise $3 billion in debt to expand its data center operations in a deal supported by Google, as the AI infrastructure arms race intensifies. The company, Bloomberg reports citing TeraWulf CEO Patrick Fleury, is working with Morgan Stanley to arrange the funding, which could launch as early
Tether has minted another $1 billion in USDT on the Ethereum blockchain. That Martini Guy and various on-chain tracking platforms, such as Whale Alert, swiftly adopted this USDT mint move. Also, the increased activity signals a clear demand for additional liquidity across crypto markets, particularly within DeFi and on major exchanges. Paolo Ardoino, Tether’s CEO,
The Bombay Stock Exchange (BSE) has rejected a company’s application for listing its shares. According to reports, the firm raised funds through a preferential stock offering to invest a bulk of the funds in cryptocurrencies, which is why the stock exchange barred its listing. In its statement, the Bombay Stock Exchange (BSE) mentioned that “the
As countless crypto projects work tirelessly to reshape Wall Street, a relatively novel one is focused on Guinness World Records. The premise: Skateboarding history will either be made, or a group of backers will accept their ambitions are quixotic and promptly liquidate. For three weeks, a little-known project called POIDH—“pics or it didn’t happen”—has been
The odds of a U.S. government shutdown have reached an all-time high on Polymarket, at 82% that lawmakers will fail to pass the necessary funding by the October deadline. As bipartisan talks stall and key meetings are canceled by President Trump, both parties appear unwilling to budge. The stalemate is turning up the risk of
US-based spot Ether exchange-traded funds (ETF) have posted five straight net outflow days as the asset’s price slid around 10% over the week. On Friday, spot Ether (ETH) ETFs closed the trading week with $248.4 million in daily outflows, bringing total weekly outflows to $795.8 million, according to Farside data. Meanwhile, the price of Ether