Author: driver789

HONG KONG — Hong Kong is a growing locale for Web3 and crypto innovation, its chief executive said on Wednesday.John KC Lee, the chief executive of the Hong Kong Special Administrative Region, opened CoinDesk’s Consensus Hong Kong conference with a brief speech about the city’s work to grow its crypto communities and businesses.”The HKSAR Government is committed to establishing Hong Kong as a global hub for innovation in digital assets,” he said in taped remarks. “That’s why over the past few years, Hong Kong has been actively building the regulatory framework to promote the steady and sustainable development of our…

Ethereum co-founder Vitalik Buterin has once again nudged the crypto community toward long-term thinking, using a post on X to revisit the relationship between Ethereum, artificial intelligence, and the pursuit of more ambitious technological goals. Summary Vitalik Buterin reignited discussion around Ethereum and artificial intelligence after referencing past work on Ethereum–AI convergence in a recent X post. Buterin outlined four key intersection areas, including trustless and private AI interactions, Ethereum as an economic layer for AI-to-AI transactions, and AI-assisted onchain verification. The comments signal Buterin’s continued focus on long-term technological impact, positioning Ethereum beyond finance and into next-generation computing infrastructure.…

The Bitcoin and Ethereum prices have rebounded from last week’s lows, providing optimism that the bottom may be in. This comes amid accumulation from whales while the crypto ETFs have seen notable inflows following last week’s outflows.  Why The Bitcoin And Ethereum Prices Are Climbing Again The Bitcoin and Ethereum prices have pumped from their last week’s lows of around $60,000 and $1,900, respectively. BTC climbed to as high as $71,000, sparking bullish sentiments that the crash to $60,000 may have marked the bottom. These price surges have come on the back of significant accumulation from both retail and institutional…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s price has managed to hold above the $2,000 even as heightened volatility persists in the market. During the recent pullback, investors’ sentiment appears to be slowly leaning toward a bullish outlook, which is primarily indicated by the notable ETH withdrawals from crypto exchanges, matching key past levels. Exchanges Are Seeing Massive Ethereum Withdrawals  Following the sharp pullback in price, Ethereum’s on-chain supply dynamics have now reached a striking milestone. This milestone is taking place on the ETH exchange reserves, which have experienced one of their steepest…

Wall Street’s Goldman Sachs has revealed an expansion of its crypto holdings, reporting roughly $2.36 billion in total crypto exposure — including $1.1 billion in Bitcoin ETFs, according to financial holding disclosures. Bitcoin’s portion of the haul — the largest of any digital asset listed — highlights just how far the venerable investment bank has shifted from earlier skepticism toward meaningful exposure in the world’s largest cryptocurrency by market cap.  The $1.1 billion position was in IBIT, BlackRock’s iShares Bitcoin Trust ETF. The SEC filings also revealed holdings of approximately $35.8 million in Fidelity’s Wise Origin Bitcoin Fund, roughly $92,000…

Ripple has enabled staking for Ethereum and Solana within its institutional custody business, expanding beyond safekeeping to include asset servicing features that large investors increasingly consider standard.The new capability, delivered through a partnership with staking infrastructure provider Figment, enables Ripple Custody clients to offer staking on major proof-of-stake networks without setting up validator infrastructure.This service provides operational simplicity with institutional controls, a combination aimed at banks, custodians, and regulated asset managers that want staking yield but do not want staking operations to sit outside their governance perimeter.The move also highlights a structural difference between XRP and the proof-of-stake assets institutions…

Ether (ETH) struggled to hold prices above $2,000 on Tuesday, and against this backdrop, analysts noted that Ether’s 31% decline in 2026 fits a familiar price fractal from previous bull markets.Key takeaways:ETH’s recent dip to $1,736 may mark only the first of many lows in a larger consolidation phase.Onchain cost-basis data clusters between $1,300 to $2,000, reinforcing this range as a potential demand zone.ETH fractal hints at a longer base-building phaseA long-term fractal comparison between the 2021-2022 and 2024-2025 cycles suggests that Ether’s sharp sell-off mirrors a pattern in which an initial bottom is formed before the price revisits lower…

The Bank of England has launched a new industry experimentation initiative to explore how tokenized assets could be settled using synchronized, atomic settlement in British pounds sterling as part of efforts to modernize the UK’s real-time gross settlement (RTGS) infrastructure.The Synchronisation Lab initiative will allow 18 selected companies to test delivery-versus-payment and payment-versus-payment settlement between the BoE’s next-generation RTGS core ledger, known as RT2, and external distributed-ledger platforms, in a non-live environment without using real money, according to a bank statement.The six-month pilot, scheduled to start in spring 2026, is intended to validate the central bank’s design choices for synchronized settlement, assess…

Robinhood (HOOD) said revenue from crypto-related transactions fell 38% year over year in the fourth quarter, highlighting how lower digital asset prices continue to curb trading activity even as platforms push deeper into the sector.The trading app reported $221 million in revenue from crypto trades, down from $358 million a year earlier, according to its latest earnings report. The decline came despite Robinhood’s efforts to make crypto a bigger part of its business.Over the past year, the company has rolled out new crypto features and expanded its offerings. Robinhood launched crypto transfers across more regions, allowing users to move assets…

FTX founder Sam Bankman-Fried has launched a fresh public campaign on X that appears aimed at reinforcing his request for a new trial. However, several of the claims he is using to argue his innocence conflict with court records and established facts. The posts, published days after filings seeking a retrial, frame Bankman-Fried as a victim of politically motivated “lawfare,” alleging misconduct by prosecutors, judicial bias, and retaliation against former FTX executives. Yet, a review of the claims shows repeated factual errors and logical gaps. Claims of Gag Orders and Judicial Bias Bankman-Fried claims both he and Donald Trump were…