Hong Kong is on the verge of a landmark regulatory moment, with the Hong Kong Monetary Authority (HKMA) expected to issue its first stablecoin licences as early as next week. Local media reports indicate that HSBC, Anchorpoint a joint venture between Standard Chartered, Animoca Brands, and Hong Kong Telecommunications and crypto exchange OSL Group are among the frontrunners for approval. This development represents the first concrete implementation of Hong Kongs Stablecoin Ordinance, which came into force last August. The HKMA received 36 applications in total and had previously signaled...

BlackRock, the worlds largest asset manager, has expanded its cryptocurrency portfolio with the launch of the iShares Ethereum Trust B (ETHB), adding to its existing lineup that already includes the iShares Bitcoin Trust (IBIT) and the iShares Ethereum Trust (ETHA). The new funds debut drew strong early interest, signaling continued institutional appetite for regulated crypto investment vehicles. Bloomberg Intelligence analyst James Seyffart described ETHBs opening performance as very, very solid for a day 1 ETF launch, reinforcing confidence in the products market reception. To attract early...

Cardano (ADA) continues to trade under significant bearish pressure, hovering around the $0.26 level a price point that represents the lower boundary of its yearly range. After months of consistent downward movement, the cryptocurrency shows little sign of meaningful recovery, with weak buying momentum keeping it pinned near critical support. From a technical standpoint, ADAs chart structure remains firmly negative. The asset has carved out a prolonged series of lower highs and lower lows, a textbook pattern that signals sustained selling pressure. Each recovery attempt over recent months...

Pi Networks native PI token emerged as one of Fridays top-performing crypto assets, climbing nearly 30% during Asian morning trading hours following Krakens announcement that it would list the token on its platform, according to CoinGecko data. The rally positioned PI among the sessions biggest gainers across the broader digital asset market. Pi Network operates differently from conventional blockchain projects. Rather than relying on energy-intensive proof-of-work mining, the platform uses a mobile-first model where users earn tokens by tapping a daily button within its smartphone app. The...

Bitcoin (BTC) continued trading around $71,300 on Friday, holding firm near the $71,000 mark with a 2.6% gain over the past 24 hours. The worlds largest cryptocurrency has maintained impressive stability despite ongoing volatility across global financial markets. Altcoins followed suit with stronger gains. Ethereum (ETH) climbed approximately 4.6% to trade near $2,117, while Solana (SOL) surged over 5%. XRP rose to $1.41 and BNB held around $661, reflecting broad positive momentum across the crypto market. Total crypto market capitalization remained near $2.4 trillion for a third consecutive...

This piece was translated from Korean. Read the original here. The Bank for International Settlements has published another report. This time, it claims to have proven mathematically that blockchain is structurally flawed. The author is Hyun Song Shin, the BISs chief economist and a Princeton-trained scholar of considerable distinction. The report is meticulous and rigorous. There are passages that make the reader nod along. Then one reaches the final page. Central banks must provide the trust anchor. Whenever Mr Shin publishes on blockchain and money, readers encounter a familiar experience....

XRP has slipped from a 24-hour peak of $1.44 to $1.37, weighed down by persistent bearish momentum across the broader cryptocurrency market. Despite the price decline, several technical indicators are pointing toward a potential major move on the horizon. On-chain analyst Ali Martinez has drawn attention to a notable Bollinger Bands squeeze forming around the $1.38 price level on XRPs charts. This pattern occurs when the upper and lower bands contract toward each other, reflecting a period of unusually low volatility and tight price consolidation. Historically, such squeezes in the crypto...

Dogecoin is experiencing a dramatic spike in trading volume, with activity surging over 100% in recent sessions. While this liquidity boost has caught the attention of crypto traders, it has not been enough to reverse the meme coins prolonged bearish trend. Despite the volume increase, Dogecoins price action remains surprisingly subdued. The asset is currently hovering around $0.092, showing minimal upward movement relative to the significant trading activity. This disconnect between volume and price is raising eyebrows across the crypto community, particularly as the broader digital asset...

Mastercard is strengthening its blockchain strategy by deepening its collaboration with Ripple and other leading digital asset firms to accelerate the development and real-world adoption of central bank digital currencies (CBDCs). This move signals a major step forward in bridging traditional finance with the emerging digital currency landscape. In a recent presentation shared on X (formerly Twitter), Mastercard unveiled its expanding network of blockchain partners, which now includes Ripple, Binance, Consensys, PayPal, Fluency, and Fireblocks, among others. The global payments giant is...

A new ARK Invest report has flagged a significant long-term risk to Bitcoin holders: quantum computing could eventually compromise the security of approximately 6.9 million BTC, valued at roughly $483 billion. While this isnt an immediate crisis, the findings have reignited debate about the cryptocurrencys long-term resilience. At the heart of the concern is Bitcoins reliance on Elliptic Curve Digital Signature Algorithm (ECDSA), specifically the secp256k1 curve. This cryptographic system secures wallet ownership through digital signatures. Advanced quantum computers, using techniques like...