• CoinDesk

    Team Behind Offshore Yuan, Hong Kong Dollar Stablecoins Detained by Chinese Police: Report

    Earlier this year KuCoin closed a $10 million funding round into CNHC.

  • InvestorPlace

    7 Up-and-Coming Cryptos to Keep an Eye on in May 2023

    Up-and-coming cryptos to buy are arguably even more speculative than the crypto sector overall. For example, the cryptos to buy listed below could fall or they could rise but whichever way they go, they’re likely to move in big jumps. So, anyone from casual observers to crypto investors seeking risk might find this article of interest. These are emerging names in crypto for the most part. Potential rug pulls may exist. Again, beware. A few well-known names show up as well and have clear upside p

  • InvestorPlace

    3 Cryptos to Sell in May and Go Away

    Investors looking for cryptos to sell may not have been rewarded too well this year, which may not change soon. However, the crypto market is saturated with projects that have no utility and can only be used for transfers with high fees. Even then, people only hold or transfer them because of speculation about their future price instead of their uses. With a recession on the horizon later this year, I strongly believe that crypto investors should start dumping such projects and move into the big

  • Reuters

    UPDATE 1-Hong Kong interbank rates jump, pull HKD off band extreme

    Hong Kong interbank rates jumped on Wednesday as a further decline in banking system cash balances spurred expectations of tightening monetary settings and to an unwinding of short positions in the pegged Hong Kong dollar. The overnight Hong Kong Interbank Offered Rate shot up nearly 92 basis points to 4.4381%, its highest since December 2019. The Hong Kong dollar rose to its strongest since the middle of February at 7.8325 per U.S. dollar.

  • InvestorPlace

    Warning! 3 Cryptos That Are Too Risky to Own Right Now.

    Traders must meticulously pick the ventures they wish to invest in long-term in the digital currency market. Many crypto projects remain flawed or predatory, which puts investors in a difficult position. Risky cryptos have proliferated as crypto valuations surged and investors focused on profits over substance. Regulatory crackdowns following the FTX scandal have increased concerns among investors, with governments worldwide seeking to establish new precedents that could alter the industry. Here

  • InvestorPlace

    3 Sorry Cryptos to Sell in April Before It’s Too Late

    As the cryptocurrency market experiences a surge of enthusiasm, savvy investors would want to identify cryptos to sell to limit the downside. While well-founded projects continue to hold investment potential, some flooded the market with altcoins and meme coins that lack real-world utility. The long-term outlook for such cryptos to sell appears to be remarkably bleak. However, occasional spikes during market rallies allow crypto traders to sell or short their tokens yielding hefty profits. Those

  • InvestorPlace

    3 Penny Cryptos With High Liquidity for Easier Trading

    Investors that trade in penny cryptos have one overriding concern: liquidity. Liquidity is the ease, speed, and price at which an asset can be swapped for other investments. In short, if low-priced crypto isn’t easily tradable, it isn’t beneficial to investors. If a token appreciates 50%, but the owner can’t sell it, it is much less valuable. Conversely, if the same token owner can immediately realize a 50% gain on the said token, it becomes much more relevant. So, the question then is how inves

  • The Defiant

    PEPE Rallies 500x As Investors Pile Into New Wave Of Memecoins

    Single MEV Bot Accounts For 7% Of Daily Ethereum Gas Usage

  • Yahoo Finance Video

    CFTC regulators discuss concerns on crypto, memecoin prices surge following Twitter logo change

    Yahoo Finance crypto reporter David Hollerith joins the Live show with an update on cryptocurrency news, including comments by CFTC regulators and the jump in the price of dogecoin after Twitter changed its logo to a Shiba Inu.

  • Forkast News

    Bitcoin, Ether, Forkast 500 NFT index close lower on the day

    Bitcoin and Ether tumbled during Asia trading hours on Friday afternoon, with Dogecoin leading losses among the top 10 largest non-stablecoin cryptocurrencies by market capitalization, pressured by crypto bank Silvergate’s liquidation

  • Forkast News

    Markets: Bitcoin, Ether rise along with top 10 cryptos despite Fed signals to raise interest rates

    Bitcoin and Ether rose during Asian trading hours on Thursday, along with all top 10 non-stablecoin cryptocurrencies by market capitalization. Asian equities were down

  • Forkast News

    Markets: Bitcoin, Ether fall; Matic sees biggest gain as top 10 cryptos decline

    Bitcoin and Ether fell during Asian trading hours on Thursday, along with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Polygon’s Matic posting the biggest gains.

  • Yahoo Finance UK

    Ethereum posts lukewarm response to 'Shanghai upgrade' ⁠— The Crypto Mile Weekly Update

    Ethereum posts a lukewarm response to this week's successful test of the blockchain's upcoming Shanghai upgrade.

  • Yahoo Finance Video

    Nouriel Roubini: 99% of crypto is a scam

    Economist Nouriel Roubini calls out crypto 'crooks' at the World Economic Forum in Davos Switzerland. You can see the entire interview hereKey Video Takeaways: 00:04: 99% of crypto is a scam01:06: You have to stay away from Crypto01:19: I'm skeptical even about blockchain02:31: Blockchain is a fad and it's totally useless technology

  • Forkast News

    Markets: Bitcoin, Ether rise further; Dogecoin leads gains in top 10 cryptos

    Bitcoin and Ethereum gained in Wednesday afternoon trading in Asia, while price movements of top 10 non-stablecoin cryptocurrencies were mixed, with Dogecoin leading gains.

  • Forkast News

    Markets: Bitcoin, Ether rises; Solana is biggest gainer among top 10

    Bitcoin and Ether gained in Monday afternoon trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies.

  • Yahoo Finance UK

    Doge dips 8% as Elon Musk slips in rich-list rankings

    Dogecoin has plummeted in value this week as other blue-chip cryptocurrencies capitalise on a slowing of the interest rate rise in the US.

  • InvestorPlace

    3 Cryptos to Sell in December

    We’re nearing the end of 2022 and about to usher in a bright new year. For most investors in the crypto sector, that’s a good thing. The valuations of cryptos have been pummeled nearly across the board, with most owners of the coins looking for cryptos to sell right now. Last year was a completely different story. Investors could have tripped over a token and made money. The market was surging, with the price appreciation of everything from meme tokens to certain stablecoin projects (especially

  • Reuters

    UPDATE 1-Improbable bets on break of Hong Kong dollar peg adding up

    It's what is known in the markets as a "tail risk": a highly unlikely scenario in which Hong Kong's currency peg suddenly snaps. Billionaire money manager Bill Ackman went public last month with his wager that the days of the Hong Kong dollar's 39-year-old peg to the U.S. dollar are numbered. Ripples in the derivatives market imply he is not alone, as "macro" trading - or betting on big global shifts - swings back into vogue and the prospect of reaping a huge reward for relatively little risk revives a perennially unsuccessful trade.

  • Reuters

    Improbable bets on break of Hong Kong dollar peg adding up

    SINGAPORE/HONG KONG (Reuters) -It's what is known in the markets as a "tail risk": a highly unlikely scenario in which Hong Kong's currency peg suddenly snaps. Billionaire money manager Bill Ackman went public last month with his wager that the days of the Hong Kong dollar's 39-year-old peg to the U.S. dollar are numbered. Ripples in the derivatives market imply he is not alone, as "macro" trading - or betting on big global shifts - swings back into vogue and the prospect of reaping a huge reward for relatively little risk revives a perennially unsuccessful trade.

  • Reuters

    CORRECTED-Improbable bets on break of Hong Kong dollar peg adding up

    It's what is known in the markets as a "tail risk": a highly unlikely scenario in which Hong Kong's currency peg suddenly snaps. Billionaire money manager Bill Ackman went public last month with his wager that the days of the Hong Kong dollar's 39-year-old peg to the U.S. dollar are numbered. Ripples in the derivatives market imply he is not alone, as "macro" trading - or betting on big global shifts - swings back into vogue and the prospect of reaping a huge reward for relatively little risk revives a perennially unsuccessful trade.

  • Business Insider

    Billionaire investor Bill Ackman is shorting the Hong Kong dollar in a bet it'll lose its peg to the greenback

    The billionaire investor said that Federal Reserve interest rate rises will break the currency's peg with the US dollar as it "no longer makes sense."

  • Yahoo Finance

    AMC CEO: We will still accept crypto despite the crash in prices

    AMC CEO Adam Aron weighs in on crypto as payment.

  • Forkast News

    Bitcoin, Ether prices rise, Polygon leads top 10 in gains, Doge, Shib retreat

    Bitcoin and Ether rose in Friday morning trading in Asia. Polygon's Matic led gains in the top 10 tokens after Instagram said it would use Polygon to integrate NFTs into its platform.