Express News | The first batch of stablecoin issuer licenses in Hong Kong may be announced soon, with reports suggesting Standard Chartered, HSBC, and OSL are among the finalists.
What's Going On With The Jump In TeraWulf Stock Today?
Express News | The gains of U.S.-listed crypto mining companies expanded, with IREN surging over 11%, TeraWulf rising more than 9%, Applied Digital increasing over 6%, Hut 8 climbing over 6%, Cipher Digital advancing more than 5%, and CleanSpark gaining over 4%.
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Senator Angela Alsobrooks Says 'Compromise' On Stablecoin Rewards Issue Being Worked Out: 'Don't Let Perfect Be The Enemy Of Good'
The SEC clarifies new capital reserve requirements for securities firms, providing further positive signals for payment-focused stablecoins.
The SEC's clarification of a 2% net capital discount provision for payment stablecoins, although presented in an informal 'staff will not object' manner, carries significant practical implications that extend beyond mere technicalities.
The largest market for stablecoins is not cross-border payments at all.
The payment infrastructure for stablecoins may have decoupled from the speculative cycles of the cryptocurrency market.
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Crypto Market Daily Updates | The cryptocurrency market experienced downward volatility, with Bitcoin falling below $70,000; according to Bloomberg, multiple family offices in Hong Kong plan to increase their investment exposure to crypto assets and priva
U.S. Senators seek a compromise solution on stablecoin yields to advance the stalled CLARITY Act.
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Private credit remains under pressure, with redemption requests for a $33 billion fund potentially exceeding 7%.
The Cliffwater Corporate Lending Fund, which manages approximately USD 33 billion in assets, is a fund with periodic redemption terms. If redemption requests reach 5%, it must return 5% of the fund's value to investors on a quarterly basis. If redemption requests exceed 5%, Cliffwater has the authority to redeem up to 7% of the fund’s shares. According to media reports, the firm's flagship private credit fund may face redemption requests exceeding 7%.
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Hewlett Packard's Results and 'Prudent' Outlook Keep Analysts Largely Positive
Express News | Pre-market trading of optical communication stocks in the US stock market continued to rise, with Coherent, Lumentum, and AAOI all increasing by more than 3%; cryptocurrency-related stocks collectively rose, with Circle and Strategy up over 2%, and Coinba
Crypto Market Daily Update | Trump's TACO Boosts Cryptocurrency Rally, BTC Surges Above $70,000; Trump Pressures Congress with Voter Bill, CLARITY Act for Crypto Faces Uncertainty; Bitmine Discloses Holdings of 4.5346 Million ETH, Total Crypto Assets and
News on March 10th indicated that the cryptocurrency market experienced an upward trend, with Bitcoin surpassing $69,000. As of the time of writing, Bitcoin rose by 1.59%, trading at $69,955.22, while Ethereum increased by 1.05%, reaching $2,043.77.
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