Global

Hong Kong is set to align its regulatory framework with global standards for crypto derivatives. The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have announced their intention to adopt the reporting requirements established by the European Securities and Markets Authority (ESMA) for over-the-counter (OTC) crypto derivatives.

On Thursday, spot Bitcoin ETFs recorded impressive daily net inflows of $365.57 million, marking the highest influx since July. Leading this charge were Ark Invest and BlackRock, both of which have played pivotal roles in driving the ongoing rally in the cryptocurrency market, as reported by Sosolvalue data.

Binance Coin (BNB) has experienced a significant surge, gaining nearly 2% in the past 24 hours to reach a high of around $608. This bullish momentum has been driven by a combination of technical factors and anticipation surrounding the imminent release of former CEO and co-founder Changpeng Zhao (CZ) from prison.

The integration of artificial intelligence (AI) and cryptocurrency is becoming a hot topic among tech communities, as industry leaders explore the potential benefits of this powerful combination.

Dogecoin (DOGE) has surged past the crucial $0.111 resistance level, a significant milestone that has reignited optimism for a potential rally. Over 62,270 addresses currently hold more than 36 billion DOGE above this level, indicating strong support.

PayPal has taken another significant step into the cryptocurrency world by allowing U.S. merchants to directly buy, hold, and sell digital assets using their business accounts.

Hamster Kombat's airdrop is here! The long-awaited Token Generation Event has begun, distributing 75% of the total supply directly to the community. However, concerns are swirling about potential network congestion and price volatility.

XRP has recently encountered challenges in its attempt to break through the $0.600 resistance zone, leading to a decline in price. As of now, XRP is testing the critical support level at $0.5840, indicating a phase of consolidation.

The Stacks (STX) token, associated with the Bitcoin-focused layer-2 smart contract platform, has seen a remarkable rally in recent days, soaring approximately 30% over the last week.

dYdX, a leading decentralized exchange, has partnered with Phantom Wallet to broaden its reach and make DeFi trading more accessible. This integration allows Phantom's 7 million users to easily connect their wallets to dYdX and engage in various trading activities.

Hamster Kombat (HMSTR) has experienced a significant price correction following its listing on major exchanges. While the token still holds potential for future growth, investors should be prepared for further price fluctuations as early adopters and airdrop recipients look to cash in on their initial gains.

In a recent development reported by Bloomberg, TrueCoin and TrustToken have reached an in-principle settlement with the U.S. Securities and Exchange Commission (SEC) concerning misleading statements about the backing of their TrueUSD stablecoin.