Hong Kong Crypto Exchange Licenses Cost
Hong Kong crypto exchange licenses are costing applicants several million dollars, a far cry from the $25 million witnessed a year ago. According to Livio Wang, chief operating officer of HashKey Group, the crypto exchange licenses cost “not necessarily tens of millions of dollars, but certainly tens of millions of Hong Kong dollars [several million […]
Arkham Reveals Top 5 Public Crypto Wallets Hold $3.5 Billion
The top five identified crypto whales with publicly known wallet addresses hold around $3.5 billion in crypto, according to Arkham. According to a dashboard from blockchain intelligence firm Arkham, approximately $3.5 billion in cryptocurrency is held by the top five identified crypto billionaires whose wallet addresses are public knowledge. All of it, however, is inaccessible […]
Robinhood launches Android Wallet to Boost Crypto Use
To promote Cryptocurrency and Web3 adoption, Robinhood Markets declares Wallets accessible to Android users worldwide. Wednesday, Robinhood Markets announced the global release of the Robinhood Wallet for Android users. This furthers Robinhood’s objective of promoting cryptocurrency adoption while simultaneously establishing Robinhood as the most reliable and user-friendly platform for cryptocurrency usage. Robinhood Wallet Launch for […]
House Committee to Overturn SEC’s Crypto Custody Rule
House Services Committee Opposes SEC’s Proposed SAB 121, Sparking a heated ‘bone of contention’ between the financial and crypto groups. The proposed Securities and the Exchange Commission (SEC) Staff Accounting Bulletin 121 (SAB 121), a regulation that has generated considerable controversy and disagreement among the financial and cryptocurrency communities, has been met with opposition from […]
Wall Street Giants Estimates US CPI
Wall Street giants predict that the US CPI and Core CPI will continue to decline, and that the Bitcoin price rally will continue. Cryptocurrency and stock market investors eagerly anticipate the U.S. Bureau of Labor Statistics’ January consumer price index (CPI) inflation data for additional indications of Fed rate cuts. Bitcoin is trading above $50,000 […]