Hong Kong plans to complete proposals to regulate virtual asset dealers and custodians and introduce the rules to the city’s Legislative Council in 2026, the Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) said Wednesday. The proposals, developed after… Read More
By checking the past five years of bitcoin BTC$87,693.88 CME futures trading data, it is possible to assess where that crypto has historically spent time consolidating and, by extension, where support has been more or less established. One useful way to frame this is by… Read More
Spot bitcoin and ether ETFs saw another round of outflows on Dec. 24 as traders moved into the Christmas break with reduced liquidity and a weaker appetite for risk. SoSoValue data showed bitcoin spot ETFs posted $175 million in net outflows on Wednesday, while ether… Read More
A press release published on Christmas Eve claimed that Circle, the issuer of the USDC stablecoin, had launched a new platform offering tokenized gold and silver trading. However, it is “fake,” a Circle spokesperson told CoinDesk. The platform, launched under the name “CircleMetals,” was promoted… Read More
Filecoin FIL$1.2690 slipped 2% to $1.28 on Wednesday, tracking broader crypto market flows rather than responding to token-specific catalysts. The token’s price action remains closely tied to the crypto market sentiment, according to CoinDesk Research’s technical analysis model. This tight correlation indicates large order flows… Read More
Prediction market Polymarket blamed an unidentified third-party login provider for recent account breaches reported by several users. The platform confirmed the security incident on its Discord channel after users reported missing funds and suspicious login attempts. Social media posts on Reddit and X show several… Read More
