Hong Kong Financial News

07.12 / 16:35

Dogecoin cryptocurrency Cardano ADA Cardano price week Cardano Price Forecast – Can ADA Overtake Dogecoin This Week?

The ADA bears are in control on Wednesday, with the cryptocurrency trading about 2.5% lower on the day near the $0.31 per token level, taking losses since Monday’s peak near $0.33 to around 6.0%. Price predictions have become less bullish this week. ADA, which is the token that powers the Cardano blockchain, is now only just over 5.0% above the annual lows it printed in November just under $0.30.

07.12 / 15:19

markets Bitcoin Bitcoin Price Low BTC price hits new December low as Bitcoin dips 2% with Asia stocks

Bitcoin (BTC) hit new month-to-date lows on Dec. 7 as Asian markets fell during trading.

05.12 / 15:47

Adoption regulation HashKey Seba Bank SEBA Bank partners with HashKey for institutional crypto adoption

With the crypto winter slowing down developments within the space, two digital asset-focused firms will work together to speed up digital asset adoption for institutions.

05.12 / 06:53

business FTX New York State Alameda ex-CEO Caroline Ellison spotted in New York, Twitter users claim

A recent photo of what appears to be former Alameda Research CEO Caroline Ellison in a Manhattan coffee shop in New York has been making the rounds on Twitter.

02.12 / 11:43

Blockchain Adoption Hong Kong working on investor protection regulations, says central bank exec

Central bank governors from around the globe are currently in Thailand to discuss the role of central banks amid evolving financial technology. The conference is jointly hosted by the Bank of Thailand (BOT) and the Bank for International Settlements (BIS).

01.12 / 01:45

business partnership Huobi, Poloniex announced strategic partnership despite initial denials of a merger

Huobi and Poloniex announced a strategic partnership on Nov. 30. Reports of a planned merger of the two cryptocurrency exchanges emerged and were denied last week.

30.11 / 20:35

Ripple DEX Gemini Investment Today in Crypto: Komodo Launches AtomicDEX Web, Animoca Plans a $2 Billion Fund to Invest in Metaverse Firms, SEBA Opens Hong Kong Office

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

30.11 / 13:31

Riot COVID protesters and riot police clash in China's fifth biggest city

Riot police clad in white hazmat suits clashed with protestors in the Chinese manufacturing hub of Guangzhou on Tuesday night.

29.11 / 15:11

COST China’s Economy Faces Challenges Despite Latest Moves to Stimulate Growth

HONG KONG—China’s recent steps to adjust Covid-19 controls and revive activity in the beaten-down property market stirred hopes that Chinese leader Xi Jinping is putting fresh emphasis on measures to support the economy, potentially leading to a strong rebound in growth next year.

29.11 / 14:55

Blockchain Adoption Digital Caribbean Dominica works with Huobi for digital identity program

Cryptocurrency exchange Huobi has partnered with the Commonwealth of Dominica to roll out a digital identity and national token service that promises digital citizenship of the West Indian island nation.

29.11 / 09:03

business Blockchain Twitter Apple LBRY alleges Apple forced it to censor certain terms during COVID-19

Blockchain-based file-sharing and payment network LBRY has alleged that tech giant Apple forced it to filter out certain search terms during the COVID-19 crisis in an apparent rejection of free speech.

28.11 / 15:01

COST China’s Economy Faces Challenges Despite Latest Moves to Stimulate Growth

27.11 / 17:53

COST China’s Economy Faces Challenges Despite Latest Moves to Stimulate Growth

26.11 / 19:21

Provident Career Co-Founder of $3 Billion Crypto Firm Dies at 30 – Here’s What You Need to Know

Tiantian Kullander, co-founder of $3 billion crypto finance service provider company Amber Group, passed away in his sleep on November 23.

25.11 / 20:51

business defi DAO Amber Group's co-founder Tiantian Kullander passes away at 30

Amber Group's co-founder Tiantian Kullander, also known as TT, unexpectedly passed away in his sleep on Nov. 23, according to the company's official website. Tiantian was 30 years old and leaves behind a wife and a son.

24.11 / 20:15

UPS Metaverse Deloitte Report: Metaverse Could Be $13 Trillion Industry by 2030 – Here’s What You Need to Know

The metaverse has the potential to generate an additional $800 billion to $1.4 trillion to Asia’s gross domestic product (GDP) per year by 2035, growing into a market worth up to $13 trillion annually by 2030, according to a recent report by international consultancy Deloitte.

24.11 / 18:09

EOS stake One of the Richest People in Crypto Just Bought a 9.3% Stake in Silvergate Capital, Becomes Largest Shareholder

Brendan Blumer, known as one of the creators of the EOS blockchain and one of the richest people in the crypto space, has bought a 9.3% stake in the crypto-friendly bank Silvergate Capital, a new SEC filing has revealed.

24.11 / 17:53

Activist investor Bill Ackman is shorting the Hong Kong dollar

Bill Ackman, the activist investor, said his hedge fund Pershing Square has built a short position on the Hong Kong dollar.

23.11 / 16:15

Citi CBDC Digital Hong Kong Preparing to Join Digital Yuan Pilot, Extend ‘Cross-border’ Reach

Mainland China and Hong Kong are set to co-launch the digital yuan’s first cross-border pilot project – as the People’s Bank of China (PBoC)-led project edges ever-closer to roll out.

22.11 / 19:17

Art Bitfinex Indian News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files for Debt Restructuring

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

22.11 / 13:05

FIVE China’s Economy Takes a Deeper Hit as Retail Sales Turn Negative

HONG KONG—China’s economy sank into a deeper funk last month as the weight of strict zero-Covid measures, a real-estate downturn and sinking export demand underscored the difficulties of rekindling growth amid tighter government regulations and a worsening global economy.

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