🚀 Top Trending Coins (Today)

1. AIT
2. TRX
3. GEMS
4. ZANO
5. BRETT
6. TAI
7. SUI
8. KMNO
9. TON
10. ETH
11. SOL
12. SUNDOG
13. AAVE
14. AERO
15. MATIC

Crypto_room

🌟 main :- @ALLGATHERING

Hong Kong’s Virtual Banks Eye Web3 Expansion Despite Regulatory challenges

Hong Kong's virtual banks, holding just 0.3% of retail banking assets, are ambitiously exploring the Web3 space despite facing significant regulatory challenges. Legislator Johnny Ng Kit-chong is pushing for greater support for Web3 companies, highlighting the potential benefits for Hong Kong’s financial ecosystem.

Crypto-related businesses face hurdles in opening accounts due to stringent regulations, leading some firms to consider relocating. However, Ng remains optimistic, advocating for a clear government strategy to foster Web3 growth.

Mox Bank is already making strides, launching crypto ETFs and planning further digital investment opportunities. Additionally, Ng has floated the idea of incorporating Bitcoin into Hong Kong’s financial reserves as a hedge against inflation.As Hong Kong’s virtual banks navigate these regulatory waters, their efforts to expand into Web3 could signal a new era of digital finance for the city.

The green vertical lines mark the days from which the bitcoin price only rose, and the red vertical lines mark the days from which the price only fell.

It doesn't really matter how many days bitcoin was rising and how many days it was falling, either way in the scale we can see that bitcoin is always rising in price 🚀

📈Crypto_room

🌟 main :- @ALLGATHERING

JUST IN: 🇯🇵 Japanese public company Metaplanet buys another ¥500 million worth of Bitcoin

📈Crypto_room

🌟 main :- @ALLGATHERING

SAYLOR: 💰 “When I’M GONE, my stock, my shares, my assets flow into a public charity whose mission is to support ₿itcoin and the adoption of ₿itcoin FOREVER.” 🔥

📈Crypto_room

🌟 main :- @ALLGATHERING

⚡️ Binance and its former CEO, Changpeng "CZ" Zhao, are facing a class-action lawsuit from three investors who claim the exchange facilitated the laundering of stolen crypto, preventing them from recovering their assets.

The lawsuit could challenge the reliability of blockchain analytics and on-chain asset recovery if it progresses.

📈Crypto_room

🌟 main :- @ALLGATHERING

📊Demystifying Leading & Lagging Indicators

Understanding leading and lagging indicators can give you a serious edge, as they are key tools that help traders anticipate and confirm market movements.

Here’s why these indicators are essential:

▪️ Leading Indicators: Spot potential price movements before they may happen.
▪️ Lagging Indicators: Confirm trends and patterns after they’ve formed, ensuring you’re on the right track.
▪️ Crypto-Specific Data: Use transactional data, network activity, and scarcity measures to make informed decisions.
▪️ Macro Indicators: Track the broader economic factors influencing crypto prices.

📈Crypto_room

🌟 main :- @ALLGATHERING

JUST IN: 🇩🇪 German authorities seize 13 Bitcoin ATMs and nearly €25 million in cash in a crackdown on operators allegedly violating KYC/AML laws

📈Crypto_room

🌟 main :- @ALLGATHERING

🇺🇸 Spot Ethereum ETFs in the U.S. have experienced a significant outflow, losing $92.2 million over five days, marking their longest streak of outflows since their July 23 launch.

In contrast, Bitcoin ETFs have continued to attract investments, maintaining a positive net flow despite large outflows from the Grayscale Bitcoin Trust.

📈Crypto_room

🌟 main :- @ALLGATHERING

🔨 According to MacroMicro, the cost of producing one bitcoin has reached $72000!

This means that on average miners are working in the negative and the market needs an upward price correction

📈Crypto_room

🌟 main :- @ALLGATHERING

NEW: 💰 Bitcoin OTC desk balances for miners have increased 70% since June, reaching a 2-yeah high of 368K BTC in August 📈


📈Crypto_room

📊 Market Overview:

BTC : $63955
ETH : $2753.96
BNB : $574.94
SOL : $157.79

⚡ Dominance :

BTC : 53.77 %
ETH : 14.10 %
Stables : 6.50 %

📈 Market Cap :

Total : 2.35T
DeFi : 73.39B
24hr Vol : 70.65B

Crypto_room

The USDT stablecoin will launch on the Aptos blockchain 🚀

👀 According to Tether, support for the Aptos network will enable transactions with USDT at exceptionally low fees (fractions of a cent). This is expected to broaden the use cases for USDT—from microtransactions to large corporate operations.

🚴‍♀️ The Aptos blockchain was also chosen for its "unprecedented speed and scalability." In May of this year, the network recorded 157 million transactions in a single day.

USDT operates on several blockchain networks, with the most popular being Tron, Ethereum, Avalanche, Solana, and Ton. 🔗

The Aptos blockchain token (APT) is among the top 30 largest crypto assets, with a market capitalization of around $3 billion. 👌

📈 Crypto_room

💾 Just look at what $1 billion in gold VS $1 billion in bitcoin looks like

📈Crypto_room

🌟 main :- @ALLGATHERING

💰 Samson Mow says Kamala Harris’s policies like price controls and higher taxes could send #Bitcoin to $1M

📈Crypto_room

🌟 main :- @ALLGATHERING

🇦🇪 Tether will launch a stablecoin pegged to the UAE dirham

Reportedly, each token will be fully backed by liquid reserves. Tether aims to obtain a license from the UAE Central Bank.

💲The stablecoin is being touted as an effective tool for transactions in dirhams—cross-border payments, trading, or simply diversifying digital assets.

🤝 The new asset will be launched in partnership with the technology conglomerate Phoenix Group and supported by Green Acorn Investments.

📈Crypto_room

🌟 main :- @ALLGATHERING