The native token powering the decentralized derivatives exchange Hyperliquid was one of the few to post a gain over the last 24 hours, as crypto entrepreneur Arthur Hayes told an audience in Tokyo he expects it to increase 126x over the next three years. Hyperliquid (HYPE) has gained almost 4% over the last 24 hours…
Japanese finance conglomerate SBI Group has partnered with the blockchain oracle platform Chainlink to create crypto tools for Asia’s financial institutions. SBI said on Sunday that its collaboration with Chainlink will focus on “a number of key use cases for financial institutions in Japan and the APAC [Asia-Pacific] region,” with its initial attention on Japan’s market. The…
Opinion by: Dipendra Jain, co-founder of TCX Regulation has become the baseline for crypto. From the United States’ regulatory enforcement to Dubai’s comprehensive crypto rulebook and India’s renewed debate on formalizing Bitcoin reserves, governments are rewriting the rules of digital finance. As listed institutions, retailers and social networks weigh in on digital asset rails, stablecoins and yield…
Institutional investors from the traditional finance world lack the updated risk tolerance models to deal with crypto and may face trouble during the next bear market, according to Custodia Bank CEO Caitlin Long. “Big Finance is here in a big way, and that seems to be driving this cycle. I suspect it will continue to drive…
Opinion by: Robin Singh, CEO of Koinly Crypto may be the first tax lever governments pull when scrambling for more revenue, if Brazil’s recent move is anything to go by. In June, Brazil scrapped its tax exemption for minor crypto gains and introduced a flat 17.5% tax on all capital gains from digital assets, regardless…
The surge in social media chatter around the highly anticipated US Federal Reserve September interest rate decision could be a warning sign for crypto, says sentiment platform Santiment. It comes after the crypto market rallied on Friday and market sentiment returned to greed following Fed Chair Jerome Powell’s dovish remarks at the annual Jackson Hole economic symposium….