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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 10:34
    Paul Chan: Promote Issuers to Expand Stablecoin Applications to Diverse Scenarios
    According to ChainCatcher, Hong Kong Financial Secretary Paul Chan Mo-po stated in his essay "A New Era for Asia" that the legislation on Hong Kong stablecoins will take effect on August 1 this year. The Hong Kong SAR government and financial regulators will strive to foster a favorable market environment, complemented by necessary regulatory measures, to encourage issuers to expand stablecoin applications across various scenarios, helping to address real pain points faced by businesses and citizens in their daily lives.
  • 10:20
    Suspected Single Whale Recently Sold 62,289 ETH Worth Approximately $154 Million
    Odaily Planet Daily reported, according to Lookonchain monitoring, a major whale has recently sold off a large amount of ETH. Wallets 0x14e4 and 0x26Bb (possibly belonging to the same whale) have unstaked and withdrawn 95,920 ETH (worth $237 million). Over the past 20 days, these wallets have deposited 62,289 ETH (worth $154 million) to CEXs and currently still hold 33,631 ETH (worth $83 million).
  • 10:00
    Analysis: Significant Increase in Ethereum Long-Term Holder Purchases During June Consolidation Phase, Indicating Accumulation Trend
    Odaily Planet Daily reported that CryptoQuant analyst sunmoon released a chart showing that during the consolidation phase in June, long-term holders of Ethereum significantly increased their purchases. The accumulation volume displayed a clear divergence, indicating a strong accumulation pattern among long-term holders.
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