Hong Kong is scaling up its digital yuan infrastructure, adding more merchants accepting e-CNY payments. Authorities are also exploring raising transaction caps and expanding wallet functionality, which are part of broader efforts to deepen cross-border payment integration with mainland China. Current Limits Under Review Hong Kong’s government is working to expand China’s digital currency reach
Bitcoin holders may want to rethink their price targets for 2025, with one Bitcoin analyst arguing that $110,000 has been firmly established as Bitcoin’s new bottom. “You can kind of start lifting some of your targets and saying, “Well, because we’ve proven 110, that’s the floor, where do we go from here?” James Check said
Bitcoin price corrected gains and traded below the $124,000 level. BTC is now struggling and might continue to move down below $120,000. Bitcoin started a downside correction below the $123,200 level. The price is trading below $123,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $122,750
The Japanese yen has weakened significantly, trading past ¥153 per US dollar for the first time since February. This has reignited concerns over the yen carry trade and its potential to trigger a global financial upheaval. The Bank of Japan faces a critical choice: raise interest rates to support a plunging yen, or maintain current
Financial institutions are quickly waking up to the “debasement trade,” according to commentators, which could be a boon for assets such as gold and Bitcoin. Institutions have a new concept to cling to called the “debasement trade,” which will be the thing that protects them, said entrepreneur Anthony Pompliano in a podcast on Thursday. It’s
Bitcoin’s BTC$121,309.08 implied volatility (IV) gauge has climbed to a 2.5-month high, consistent with the seasonal trends. Volmex’s bitcoin implied volatility index, BVIV, which represents the annualized expected price turbulence over four weeks, has topped 42%, the highest since late August, according to data source TradingView. IV measures the market’s expectations for future price swings
Bitcoin ( BTC) derivatives markets showed signs of renewed activity Thursday, with total futures and options open interest (OI) trending higher as BTC traded around $121,280 during the afternoon session, following an intraday low of $120,923. BTC Options Data Reveals Bullish Tilt With 59.57% Calls vs 40.43% Puts Data from Coinglass revealed that total BTC
The cryptocurrency was trading sideways on Thursday morning, three days after notching a fresh all-time high on Monday. Institutional Buying Is Heating up, Even as BTC Trades Sideways DDC Enterprise Limited (NYSEAM: DDC) or “DayDayCook” pivoted from its Asian culinary business to become a bitcoin treasury firm with a $528 million investment earlier this year.
Bitcoin’s BTC$121,745.46 price swoon is marked by a veteran trader placing a bearish bet worth millions of dollars. A bitcoin “OG” placed a leveraged short of 3,600 BTC, valued at $438 million, on the decentralized exchange Hyperliquid during overnight trading, as BTC’s spot price briefly dipped below $120,000, according to blockchain analyst LookOnChain. The liquidation
Institutional investors are no longer just experimenting with blockchain — they’re betting big on it. According to State Street’s 2025 Digital Assets Outlook, a majority of major financial institutions now view tokenization and digital assets as central to their long-term growth strategy. The study, based on a global survey of 324 senior executives across asset