HashKey has emerged as Hong Kong’s largest licensed crypto exchange, but its IPO filing reveals a company paying heavily for that position. According to filings published Monday with Hong Kong’s exchange, HashKey processed HK$638.4 billion (about $82 billion) in trading volume in 2024, around double… Read More
Wall Street research firm Bernstein said the move — which Robinhood made in conjunction with market-making giant SIG — raises the stakes for competitors like Polymarket and Kalshi.
Al Warda Investments, an investment vehicle overseen by the Abu Dhabi Investment Council (ADIC), more than tripled its holdings of BlackRock’s iShares Bitcoin Trust ETF (IBIT) in the third quarter as bitcoin BTC$91,630.84 headed toward October’s record high. The 230% increase took its investment to… Read More
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin… Read More
Ether ETH$3,097.40 traded below $3,100 on Sunday during a broader pullback in digital assets. The token was recently near $3,066 at 9:36 p.m. UTC, down 3.4% over the past 24 hours. It briefly fell through the $3,100 level on Bitstamp at about 4 p.m. UTC,… Read More
Crypto market sentiment has deteriorated sharply, with the Fear & Greed Index dropping to 10, a level indicating “extreme fear,” marking a near nine-month low as it’s the lowest reading since late February. The plunge in sentiment follows a week of losses across major cryptocurrencies,… Read More
