HashKey Group, the operator of Hong Kong’s top licensed crypto exchange, has reportedly filed for an IPO in the city, aiming to raise up to $500 million. Read More at https://cointelegraph.com/news/hashkey-crypto-exchange-considers-hong-kong-listing-this-year?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
XRP whales dump $50M per day: Will it crash the price?
XRP price risked a 22% drop to $2.20, fuelled by selling from whales, increased supply on exchanges and a weakening technical structure. Read More at https://cointelegraph.com/news/xrp-whales-dump-50m-per-day-will-it-crash-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea ramps up crypto seizures, will target cold wallets
South Korea’s National Tax Service warned that cold wallets are not beyond its reach, as it will conduct home searches to combat tax evasion. Read More at https://cointelegraph.com/news/south-korea-nts-cold-wallet-tax-seizures-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Mayer Multiple: BTC price can hit $180K before being ‘overbought’
Bitcoin remained closer to “oversold” during its latest all-time highs, according to the Mayer Multiple, which suggested a potential price target of $180,000. Read More at https://cointelegraph.com/news/bitcoin-mayer-multiple-btc-price-can-180k-before-overbought?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoiners can up their price targets with new $110K bottom: Analyst
Bitcoin analyst James Check stated that there is no reason for Bitcoin to retreat to $95,000, adding that if it does, the rally is likely over for some time. Read More at https://cointelegraph.com/news/bitcoin-price-target-increase-analyst-forecasts-btc-floor?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Privacy group urges Ireland to drop work on encryption ‘backdoor law’
The Irish Communications Interception and Lawful Access Bill is still in development, with drafting yet to occur, but the Global Encryption Coalition wants it scrapped now. Read More at https://cointelegraph.com/news/ireland-encryption-law-chat-control-privacy-warning?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Debasement trade’ is no longer a debate, and TradFi knows it: Execs
Financial institutions are quickly embracing the debasement trade as the US dollar weakens, which will drive massive gains in Bitcoin and gold, say commentators. Read More at https://cointelegraph.com/news/debasement-trade-narrative-fueling-crypto-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI Polkadot parachain Phala votes to fully switch to Ethereum L2
AI-focused Polkadot project Phala is set to fully migrate to its Ethereum L2, betting on its ecosystem for confidential AI and GPU compute growth. Read More at https://cointelegraph.com/news/polkadot-parachain-phala-votes-switch-ethereum-l2?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ether ‘3-wave pullback’ to end soon, $5.5K next: Fundstrat
Fundstrat’s managing director Mark Newton predicts Ether will head to $5,500 next after bottoming out over the weekend. Read More at https://cointelegraph.com/news/ether-poised-for-all-time-high-despite-recent-weakness-fundstrat-says?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Telegram’s Durov: We’re ‘running out of time to save the free internet’
EU lawmakers have sought to introduce Chat Control, while the UK and Australia are on track for digital ID systems. Pavel Durov warns that these “dystopian” measures must be stopped. Read More at https://cointelegraph.com/news/telegram-pavel-durov-warns-global-privacy-threats-will-get-worse?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound