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Showing posts from September, 2024

HashKey Exchange Executives Discuss Hong Kong Crypto Compliance

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Editor | WuBlockchain The following content represents the views of the interviewee and does not reflect the views of WuBlockchain. The interviewee is Samuel Lok, Head of Compliance at HashKey Exchange. Q: Could you tell us about the key efforts and challenges HashKey Exchange faced during the licensing application and business development phases? How does this differ from your previous work in the traditional finance sector? A: This is a great question. Obtaining a license and actually operating are two different domains. During the licensing application phase, we could plan in a more idealistic manner, but when it comes to actual operations, we realized that compliance in the Web3 space requires a completely new perspective on managing compliance risks. The regulatory authorities have provided us with an excellent framework, but the key lies in how effectively we can implement it. The challenge we face is balancing client benefits with client protection, which is a tough balance to

New Cryptocurrency Releases, Listings, & Presales Today – PNWR Token, Creta World

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Bitcoin recently experienced a 15% rebound, shifting market sentiment from extreme fear to neutral. This recovery was supported by positive inflows into Bitcoin ETFs and large purchases by MicroStrategy, which boosted investor confidence. At the same time, Ethereum options trading saw a surge, with more than 20,000 contracts betting on Ethereum reaching $3,000 by December. This reflects growing interest in the broader crypto market as key events over the past week have contributed to the recovery. With this shift, many investors are now looking for new cryptocurrency releases, listings, and presales today to take advantage of the latest market opportunities. As new coins get listed, there is increased interest in exploring these emerging assets for potential growth. New Cryptocurrency Releases, Listings, and Presales Today The PNWR Token focuses on promoting sustainability within the electric aviation and automotive sectors. On the other hand, Creta is developing a Web3 gaming plat

Bitcoin Price Soars 4% After MicroStrategy Buys $1.1 Billion BTC, And This PEPE 2.0 Blasts Past $13 Million In Presale

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The Bitcoin price soared 4% in the last 24 hours to trade at $60,628 as of 08:23 p.m. EST even as trading volume tumbled 1% to $32.6 billion. This comes as MicroStrategy Inc. purchased 18,300 Bitcoin for approximately $1.11 billion, the largest acquisition of the digital asset by the crypto hedge-fund firm in more than three years. The firm now holds around 244,800 Bitcoin, valued at around $14 billion. This is around 1% of all the BTC ever issued. Bitcoin Price Aims For A Continued Bullish Rally The Bitcoin price has recently capitalized on the cup and handle pattern to push the price up, according to data from GeckoTerminal . . The price of Bitcoin has now crossed above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the upward trend. Moreover, the Relative Strength Index (RSI) is now trading above the 70-overbought region, currently at 74, indicating that the asset is currently under intense buying pressure. The Bitcoin price bullish stance is also affi

Aave Crypto Price Prediction – Is $AAVE on the Verge of a Major Breakout?

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Aave (AAVE) is showing resilience in a fearful market, outperforming many altcoins negatively impacted by Bitcoin’s downturn. As of now, AAVE is priced at $142.16, with a market cap of $2.13 billion. While AAVE has dropped 4.89% in the past 24 hours, it has gained 12.81% over the last week and surged by 41.31% in the past month. Aave is a decentralized finance (DeFi) platform that enables users to lend and borrow cryptocurrencies. Built on the Ethereum blockchain, it uses smart contracts to automate these transactions without the need for intermediaries. The platform’s native $AAVE tokens provide holders with benefits and voting rights. Aave’s safety module and controlled token supply enhance its appeal, making it a prominent player in the crypto space with its innovative and decentralized approach. $AAVE Crypto Price Prediction $AAVE’s daily trading volume currently sits at $297 million, highlighting increased interest in the token even with slight price fluctuations. However the

BNB Chain’s Role in Web3 Development

BNB Chain is playing a pivotal role in the evolution of Web3, the decentralized web, by providing a powerful and scalable infrastructure that supports the next generation of internet applications. As the backbone for numerous decentralized applications (dApps), BNB Chain facilitates the creation of a user-centric, transparent, and decentralized digital ecosystem. Web3 promises a shift from the traditional, centralized internet model to one where users have greater control over their data and online interactions. BNB Chain, with its high performance and low-cost transaction environment, has become a preferred platform for developers building Web3 solutions. Its compatibility with the Ethereum Virtual Machine (EVM) allows for seamless integration with a wide range of dApps, while its decentralized nature ensures that these applications operate securely and without reliance on central authorities. Furthermore, BNB Chain’s ecosystem supports a variety of use cases critical to Web3 developm

Gold Price Continues 2024 Dominance, Sets New All-Time High

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Amid the ongoing interest in the asset, the gold price has continued its dominant performance throughout 2024, setting a new all-time high on September 12th. Indeed, the metal has reached a price of $2,545 surpassing the most recent landmark price set in August. The record highs have been a trend for the asset throughout this year. The asset has continued to up the ante after first breaking through the $2,000 mark at the tail end of 2023. The question now is, just how high can the asset go during the final four months of the year? Source: iStock Also Read: Gold Prices Moving Toward $2,950: Analyst Explains Gold Sets All-Time High Just One Month After Record Surge Gold has long been an interesting asset to observe. The metal is a safe haven investment and thrives in periods of geopolitical uncertainty. That has seemingly magnified its value throughout this year. As macroeconomic factors remain questionable, and there is certainly turmoil abounding the globe, the metal has surged in valu

CryptoPunks NFT Recently Worth +$1.5M Sells For Just $23K – Here’s What happened

Over the past few weeks, CryptoPunks non-fungible token collection has seen increased trading sales volume, with some of its rare tiers selling for millions of dollars. But, a surprising turn of events, a CryptoPunks NFT collection, with a recent high bid of 600 ETH, has just sold for just 10 ETH. In this article, we shall explore what might happen to this NFT in detail. Punks #2386, worth $1.5M, Sells For Just $23K Million Data compiled by Etherscan.io, a renowned on-chain block explorer and analytics platform for the Ethereum blockchain, shows that the CryptoPunks #2386 NFT collection sold for 10 ETH worth around $23,000 a few hours ago. This collectible sale has surprised many since the same CryptoPunks NFT collection had a high bid of 600 ETH a few hours ago. Punk 2386 has a new bid of 600 ETH ($1,405,818.02 USD) placed by 0xb9eb79. https://t.co/1g0pmuZFkD #cryptopunks #ethereum pic.twitter.com/3A629r0EP0 — CryptoPunks Bot (@cryptopunksbot) September 11, 2024 Launched someti

SuperVerse Price Prediction: SUPER Surges 12% As This Potential PEPE Killer Hurtles Towards $13 Million In Presale

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The SuperVerse price has surged 12% in the last 24 hours to trade at $0.8479  as of  6:35 a.m.EST on a 272% pump in trading volume to $90 million. SuperVerse Price Poised For A Further Bullish Rally The 4-hour chart for the SUPER/USD trading pair shows a strong bullish trend. The price is currently trading at approximately $0.8342, just below a recent high that may act as short-term resistance. The 50 simple moving average (SMA), located at $0.6651, is trending upward, reflecting short-term bullish momentum. Similarly, the 200  SMA at $0.6277 is also below the current price, further confirming the overall uptrend. The price’s position above both of these moving averages is a strong indicator of sustained bullish activity. SUPERUSD Analysis Source: Dextools.io A support zone around the $0.60 level has played a significant role in the recent price action, providing a foundation for the current upward movement. SuperVerse Price Overbought RSI Warns Of A Correction The pr

Shiba Inu To Hit All-Time High Post 10x Rise, Analyst Predicts

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The Shiba Inu (SHIB) market has been patiently waiting for the meme coin to witness some growth. The asset is currently 84% below its all-time high of $0.00008845. While the 1 cent mark may be far-fetched for the asset given its current scenario, reclaiming its previous high could be feasible for the meme coin. Also Read: Apple iPhone 16: Analyst Reveals if This Is the Best Phone To Buy Shiba Inu’s Current Performance And Future Predictions Source At press time, SHIB was trading at $0.00001345, following a 1.94% rise over the past 24 hours. The asset started the week on a good note, going from a low of $0.00001302 to a high of $0.00001371. Also Read: Musk’s Dogefather Skit Recall Sparks Dogecoin’s 6% Rise: $0.22 Next? Shiba Inu To Record 10x Rise Source An analyst who goes by Charting Guy has pointed out that Shiba Inu could see a notable price increase beyond its 2021 highs. The expert discusses the golden pocket, a crucial Fibonacci retracement level between 0.618 and 0.65. This freq