Hong Kong allows crypto staking for licensed platforms, ETFs as global competition heats up — link | tl;dr : unfolded.
The Block
Hong Kong allows crypto staking for licensed platforms, ETFs as global competition heats up
The Hong Kong FSC's staking guideline is part of the government's roadmap to develop the region's crypto framework.
JUST IN: $1,350,000,000 liquidated from the cryptocurrency market in the past 24 hours. : Watcher Guru
According to CoinShares, digital asset investment products saw a total outflow of $240 million last week. Bitcoin accounted for $207 million of the outflows, while Ethereum saw $37.7 million in outflows. Solana and Sui recorded outflows of $1.8 million and $4.7 million, respectively. — link : Wu Blockchain News
Medium
Volume 228: Digital Asset Fund Flows Weekly Report
Minor outflows of US$240m despite the recent global growth scare
JUST IN: 🇹🇭 Thailand stock exchange temporarily bans short selling. : Watcher Guru
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Binance has announced a strategic partnership with global payment technology giant Worldpay. Starting today, users can purchase cryptocurrencies via Apple Pay and Google Pay. By simply linking a credit or debit card to Apple Pay or Google Pay, users can directly buy crypto with fiat currency through the Binance app or website. — link : Wu Blockchain News
Binance Blog
Binance Expands Web3 Access with Apple Pay and Google Pay Integration via Worldpay® | Binance Blog
Binance partners with Worldpay® to integrate Apple Pay and Google Pay, expanding fiat-to-crypto onramps and enhancing global access to cryptocurrency purchases with over 125 currencies and 1,000 payment methods.
JUST IN: 🇸🇬 Singapore's stock market suffers worst single-day crash in over 16 years. : Watcher Guru
🚨 🚨 5,000,000 #TRUMP (38,300,000 USD) transferred from unknown wallet to #Binance
Details : Whale Alert
Details : Whale Alert
whale-alert.io
Transaction | Whale Alert
Monitor crypto market trends and large transactions with Whale Alert. Set personalized alerts, view live price updates and analyze crypto data through powerful visualizations. Trusted by blockchain enthusiasts to make informed decisions.
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🚨 🚨 300,000,000 #DOGE (41,771,081 USD) transferred from unknown wallet to #Binance
Details : Whale Alert
Details : Whale Alert
whale-alert.io
Transaction | Whale Alert
Monitor crypto market trends and large transactions with Whale Alert. Set personalized alerts, view live price updates and analyze crypto data through powerful visualizations. Trusted by blockchain enthusiasts to make informed decisions.
GLOBAL MARKET MELTDOWN DEEPENS ⚠️
Asia:
*Japan’s Nikkei 225 Entered A Bear Market
*South Korea Kospi Index Fall 7%, Singapore's Equity Benchmark Fall 9%
*Taiwan’s tech-heavy equity benchmark slid 9.7%, the most on record, India’s key stock index slumped as much as 5%, the most since early June
*Hong Kong's Hang Seng Index Closes Down 13.2%, Biggest One-Day Drop Since 1997
CHINA:
*CSI Index Fall 7%
*China is mulling frontloaded stimulus to counter the tariffs
*Asia Credit Default Swaps Widen Most Since March 2020
*MSCI Asia Pacific Index slid by the most since 2008
Europe Open Lower:
*DAX plunged more than 10% at the open before trimming losses now down 7%, Stoxx 600 fell more than 5%, FTSE 100 Index Falls 5%
UNITED STATES:
*Traders now expect the Fed to cut another five times this year
*Goldman Sachs Cuts 2025 GDP Forecast To 0.5% From 1%
*S&P 500 FUTURES DOWN 3.5%, NASDAQ 100 FUTURES DOWN 4%, RUSSELL 2000 FUTURES DOWN 4.3%
*VIX Surge Above 50
*OIL Fall 5%, Hits 4 Year Low
Pre-Market Open:
APPLE DOWN 5%
MICROSOFT DOWN 5%
GOOGLE DOWN 5%
NVIDIA DOWN 6%
META DOWN 5%
AMAZON DOWN 5%
TESLA DOWN 8%
COINBASE DOWN 11%
MICROSTRATEGY DOWN 12%
CRYPTO:
*BTC DROPPED BELOW $76K, ETH DROPPED BELOW $1,500 : infinityhedge
Asia:
*Japan’s Nikkei 225 Entered A Bear Market
*South Korea Kospi Index Fall 7%, Singapore's Equity Benchmark Fall 9%
*Taiwan’s tech-heavy equity benchmark slid 9.7%, the most on record, India’s key stock index slumped as much as 5%, the most since early June
*Hong Kong's Hang Seng Index Closes Down 13.2%, Biggest One-Day Drop Since 1997
CHINA:
*CSI Index Fall 7%
*China is mulling frontloaded stimulus to counter the tariffs
*Asia Credit Default Swaps Widen Most Since March 2020
*MSCI Asia Pacific Index slid by the most since 2008
Europe Open Lower:
*DAX plunged more than 10% at the open before trimming losses now down 7%, Stoxx 600 fell more than 5%, FTSE 100 Index Falls 5%
UNITED STATES:
*Traders now expect the Fed to cut another five times this year
*Goldman Sachs Cuts 2025 GDP Forecast To 0.5% From 1%
*S&P 500 FUTURES DOWN 3.5%, NASDAQ 100 FUTURES DOWN 4%, RUSSELL 2000 FUTURES DOWN 4.3%
*VIX Surge Above 50
*OIL Fall 5%, Hits 4 Year Low
Pre-Market Open:
APPLE DOWN 5%
MICROSOFT DOWN 5%
GOOGLE DOWN 5%
NVIDIA DOWN 6%
META DOWN 5%
AMAZON DOWN 5%
TESLA DOWN 8%
COINBASE DOWN 11%
MICROSTRATEGY DOWN 12%
CRYPTO:
*BTC DROPPED BELOW $76K, ETH DROPPED BELOW $1,500 : infinityhedge
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According to Onchain Lens, the scammer address behind ZkCasino had its 20x leveraged long ETH position on Hyperliquid fully liquidated, resulting in a total loss of $27.1 million. The scammer had previously stolen over $40 million. ZkCasino claimed to be a gambling platform and blockchain casino, misleading investors into believing they could recoup their investments within 30 days. — link : Wu Blockchain News
X (formerly Twitter)
Onchain Lens (@OnchainLens) on X
A scammer gets a dose of karma.
The ZkCasino scammer, who scammed $40M+, closed its $ETH (20x) position on #Hyperliquid, faced a total loss of $27.1M.
https://t.co/2j6woL4KVM
The ZkCasino scammer, who scammed $40M+, closed its $ETH (20x) position on #Hyperliquid, faced a total loss of $27.1M.
https://t.co/2j6woL4KVM
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JUST IN: JPMorgan CEO Jamie Dimon says "recent tariffs will likely increase inflation." : Watcher Guru
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Over a billion worth of liquidations in the past 24 hours and counting - Coinglass : Leviathan News