jonesruby5339

@jonesruby5339

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Hong Kong has positioned itself as a digital asset hub, competing with regional rival Singapore.

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Jingdong Coinlink announced plans for a Hong Kong dollar-pegged stablecoin in July, while RD InnoTech partnered with HashKey exchange to develop its own stablecoin.

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The three companies have been part of Hong Kong’s stablecoin issuer sandbox since July 2024, alongside Jingdong Coinlink Technology and RD InnoTech.

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Suspicious trading activity has emerged around US President-elect Donald Trump’s Solana-based Official Trump (TRUMP) memecoin as its market cap soared to $42 billion, drawing a frenzy of retail investors.

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Today in crypto, insider trading allegations have emerged around US President-elect Donald Trump’s Solana-based memecoin, the US Securities and Exchange Commission has filed a lawsuit against Nova Labs, and Ethereum co-founder Vitalik Buterin announced leadership changes to the Ethereum Foundation.

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In December, Grayscale added several DeFi applications, including two on Solana, to its list of the top 20 tokens to watch in the first quarter of 2025. They include Ethena, Jupiter and Jito.

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https://warpcast.com/bonnieabel9/0x662f27d6

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At the time of publication, the judge had not scheduled a trial date for Council but suggested that the parties could file a plea agreement by Jan. 17. Council would need to appear in court in person at that time.

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In his statement, Longo said the regulator assumes “many products” offered by crypto companies “are captured by the current law.”

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“Instead, it continued to offer the Product to retail clients,” he added.

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After Bit Trade became aware that ASIC required a TMD for the product, it was on the exchange “to make a TMD or to limit offerings of the Product to non-retail clients,” Nicholas said.

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He said the margin extension was offered “without any consideration” of local corporate law “until after ASIC intervened.”

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Bitcoin-stacking firms like Semler Scientific hold a combined 527,026 Bitcoin, representing 2.66% of Bitcoin’s current supply, according to the 67 public firms tracked by BitcoinTreasuries.

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The firm’s latest purchase increased its Bitcoin holdings to 1,873 Bitcoin, worth $182.8 million.

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Just a day earlier, health-care tech firm Semler Scientific bought another 303 Bitcoin at an average price of $96,779 on Dec. 4 — several hours before Bitcoin surpassed the $100,000 milestone.

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No Bitcoin was held in the whale’s wallet address — bc1pg…u0pk3 — until its first transaction on Nov. 24, BitInfoCharts data shows.

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Meanwhile, an anonymous crypto whale seems to have also taken advantage of Bitcoin’s price slump on Dec. 5, snaring 600 Bitcoin worth almost $58.9 million, Lookonchain noted in a separate X post.

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In the third quarter, MARA shifted to a new treasury policy to “retain all” Bitcoin it mines and adopt a range of capital market instruments to bolster its Bitcoin reserves, similar to MicroStrategy’s Bitcoin playbook.

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MARA now holds 22,108 Bitcoin worth $2.17 billion, Arkham Intelligence data shows. It marks a massive 162% increase from this time last month.

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The Bitcoin purchases followed the closing of MARA’s second $850 million convertible note offering, which it said it would use to accumulate more Bitcoin.

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