Asian crypto traders profit from Trump’s win, China’s 2025 CBDC deadline: Asia Express

Bitcoin inflows to centralized exchanges have surged, prompting bearish speculation the crypto markets could be building up to a violent wash-out.Lex Moskovoski, CIO at Moskovoski Capital, shared data showing that 22,917 BTC was transferred onto centralized exchanges in a single hour on May 18. Moskovoski noted the hourly inflow was the largest since the March…

This week will be remembered as the one when the stablecoins showed an unexpected ability to depeg. Terra’s TerraUSD (UST) dropped to a shocking $0.29 following the general meltdown of both crypto and financial markets, but it was also the headliner of stablecoins’ niche, while Tether (USDT) lost the balance and slid to $0.96 for…

Terra’s native staking token, LUNA, was one of the best-performing cryptocurrencies of 2021, with gains north of 13,000%. Terra has also surpassed Binance Smart Chain (BSC) in total locked value with $17.62 billion, making it the second-biggest DeFi chain just after Ethereum. Much of this growth is due to Terra’s ecosystem, with a community of developers…

The digital NFT collective is expected to debut their pfp avatar collection, titled CloneX, later this month. 382 Total views 28 Total shares RTFKT Studios, pronounced artifact, has announced a collaborative partnership with software developer Daz 3D to leverage their technology to create immersive, three-dimensional avatars for their upcoming nonfungible token, or NFT, release, CloneX.Founded…

BTC price rallied back to a strong resistance level at $31,500, but traders caution that another whipsaw is the most likely outcome. 1008 Total views 4 Total shares Bitcoin's (BTC) short-term price action has been dominated by whipsaws that trigger around the $31,000 to $32,000 level and the June 6 reversal at this point triggered…

Hong Kong-based Bitcoin (BTC) spot and derivatives exchange Atom Group has launched amid a tightening of the region’s crypto-regulatory regime.As the South China Morning Post (SCMP) reported on Nov. 7, the Atom Asset Exchange (AAX) uses the Millenium Exchange matching engine developed by the London Stock Exchange and promises prospective clients lower trade latency and…

DAiM has launched the United States’ first employer-sponsored retirement plans that support investments in Bitcoin. 1057 Total views 1 Total shares U.S.-based asset manager, Digital Asset Investment Management (DAiM), has launched the country’s first employer-sponsored 401(k) retirement plans supporting Bitcoin.According to a Nov. 19 announcement, DAiM will serve as the advisor and fiduciary in helping…

Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal of the technological/infrastructure, financial and regulatory/tax policy barriers. In…

Liquidity service provider and digital asset market maker, GSR, announced a partnership with Interhash, the mining services company and strategic partner of mining rig manufacturer, Canaan, in an updated press release, Dec. 20. The partnership aims to provide risk management solutions for Bitcoin miners on Canaan’s network, allowing them to protect against losses and earn…