Sharplink will contribute $100 million in staked Ether to a Galaxy-managed fund as institutions seek to earn yield from crypto holdings without selling ETH.
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Hong Kong Regulator Sounds Alarm on Companies Holding Crypto In Treasuries
Hong Kong’s SFC has raised concerns about the rise of digital asset treasuries, companies that put crypto on their balance sheet. Hong Kong SFC Is Closely Monitoring Crypto Treasury Developments As reported by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) is keeping an eye on how firms are using crypto […]
Why Is The Bitcoin Price Dumping Despite The Rise In Positive Sentiment?
The current Bitcoin price weakness has triggered confusion across the crypto market after a prominent analyst on X pointed to massive BTC outflows from major trading and custodial platforms. The claims surfaced at a time when overall market sentiment is still leaning bullish, creating a sharp disconnect between optimism and price action. Bitcoin Price Faces […]