Business

Hong Kong confirms BTC, ETH can be used to prove wealth for investment visa

A spokesperson for Invest Hong Kong, the Territory’s government agency, which facilitates foreign investment, has confirmed that crypto including ether (ETH) and Bitcoin (BTC) can be used as proof of assets when applying for the new Capital Investment Entrant Scheme Visa. The visa requires applicants to prove ownership of net assets worth at least $ […]

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Ether (ETH) has underprested but the total value that is locked on the Ethereum network increases: Citi

Ether (ETH) has underpinned years to date falling over 20%, but basic elements are improved and the total value locked (tvl) at Ethereum Blockchain has increased dramatically, Wall Street Bank Citi (C) said in a research report Monday. “While user activity has been unstable in recent weeks, the basic background is not so cloudy,” analysts

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Over half a billion lost in the MEMECOIN carpet pull and scam in 2024

More than $ 500 million was lost to Memecoin Rug Pulls and Scams in 2024, according to a report from Crypto Intelligence Platform Merkle Science. The most productive scams involved social engineering, which is a technique that depends on imitation and manipulation to access someone’s personal data – often in this case celebrities or well

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OpenSea denies air-related talk of enforced know-your-customs (KYC) plans

Non-spoken Token (NFT) Platform OpenSea refused reports that users claiming that a potential air drop will be forced to complete detailed identification or known-your customers (KYC) controls. “This is all completely false,” OpenSea CEO Devin Finzer wrote at X in response to a post referring to the terms and conditions of the OpenSea Foundation web.

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Why are hedge funds short ETH CME futures. Is it carrying trade or direct bearish bet?

Hedge funds have record short positions in Ether (ETH) Futures Trade at Chicago Mercantile Exchange (CME), which raises questions about the motivations behind these positions. At first glance, the data could suggest that sophisticated market players expect price images as discussed on social media. However, this is not exactly accurate; Berries trading or arbitrage -acting,

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Analysts give XRP, Dogecoin, Litecoin Etfs ‘High Odds’ of Restore

Odds of a Litecoin (LTC) Exchange-Traded Fund (ETF), which went alive in the coming months, jumped to over 90% with Dogecoin (DOGE) Next with 75% odds, well-felt ETF analyst James Seyffart in an X -In posts late Monday. Seyffart made similar predictions for Bitcoin (BTC) ETFs before the products went alive in 2024. Several providers

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