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Hong Kong Launches Policy 2.0 For Global Crypto Hub Plans

2 days ago | cryptonewsz.com | Ritu Lavania

The Hong Kong government has released its updated Policy Statement 2.0 on the Development of Digital Assets with an aim to become the global crypto hub. Building on its 2022 policy blueprint, the new statement outlines a comprehensive and forward-looking strategy centered around regulation, innovation, and collaboration.
Aurora Mobile Announces Strategic Crypto Investment Plan

3 days ago | cryptonewsz.com | Ritu Lavania

Aurora Mobile Limited has launched a new plan to include cryptocurrencies in its strategic reserve. This initiative, which is approved by its board of directors, will establish the company’s financial management with changing market trends. The move is aimed at strengthening Aurora’s market presence, expanding partnerships, and also improving the long-term value of its assets.
New York Stock Exchange (NYSE) Eyes On-Chain Stocks

3 days ago | cryptonewsz.com | Ritu Lavania

The New York Stock Exchange (NYSE) reportedly is taking serious steps toward bringing traditional stocks on-chain. In a recent meeting with the SEC’s Cryptocurrency Asset Special Task Force, top NYSE executives discussed the potential for deploying traditional equities on blockchain, which signifies the institution’s growing interest in merging conventional finance with decentralization.
New Malware Targets Crypto User Mnemonics Snaps

4 days ago | cryptonewsz.com | Ritu Lavania

Cybersecurity firm Kaspersky has discovered a new strain of spyware dubbed SparkKitty, which has been active since at least early 2024. The malware appears to be a variant, or potentially an evolution, of a previously identified spyware called SparkCat, according to a detailed report released by the company on Monday.
Circle (CRCL) Jumps 749% Since Its listing

4 days ago | cryptonewsz.com | Ritu Lavania

Circle Internet Group (CRCL) has seen a 749% increase from its initial public offering (IPO) price earlier this month. On Monday, CRCL surged over 9.64%, bringing its share price to $263.45 and lifting its market capitalization to $63.89 billion. In comparison, the market cap of Circle’s flagship stablecoin, USDC, now sits at $61.675 billion, meaning Circle’s valuation has surpassed its stablecoin’s by 3.6%, or roughly 103.6% of USDC’s total market cap.
Is Litecoin Price Ready to Leap Above $100 Again?

1 week ago | cryptonewsz.com | Sahil Mahadik

The decentralized peer-to-peer cryptocurrency Litecoin plunged over 2% during Friday’s U.S. trading session. This selling pressure aligns with the broader market downtick as Bitcoin takes a sudden dive below $104,000. While geopolitical tensions in the Middle East continue to pressure most major assets into a prolonged correction, the LTC price builds a bullish continuation pattern, preparing for a leap above $100.
Cardano Price Faces 15% Downside Risk Amid This Breakdown

1 week ago | cryptonewsz.com | Sahil Mahadik

ADA, the native cryptocurrency of the Cardano ecosystem, experienced a negligible loss of 0.06% during Thursday’s US trading session, trading at $0.60. This downtick likely followed broader market uncertainty as the military action between Israel and Iraq continues to escalate. The daily chart analysis indicates that the falling Cardano price has broken down below the support of a major reversal pattern, signaling a risk of a prolonged downtrend.
Dogecoin Price to Sink Another 13% In June, But There’s a Catch

1 week ago | cryptonewsz.com | Sahil Mahadik

Dogecoin, the largest meme cryptocurrency by market cap, experienced low volatility trading on Thursday, with its price plunging 0.4% to hit $0.17. This downtick likely followed the broader market uncertainty amid the escalating military action between Israel and Iran. While DOGE’s derivative market accentuated the continuation of the current correction, the coin’s price is positioned close to a high accumulation zone, signaling an opportunity for a bullish reversal.
Ethereum Holds Ground at $2,500 Amid War Fears; Whale Buys Signal Recovery

1 week ago | cryptonewsz.com | Sahil Mahadik

On Thursday, June 19th, the crypto market experienced low volatility trading as investors projected FUD (fear, uncertainty, and doubt) surrounding the geopolitical tensions in the Middle East. The Ethereum price proves this market sentiment with a neutral candle formation in the daily chart, positioned above the $2,500 level. However, the high-net-worth investor remained unfazed by this consolidation and continues to show an active accumulation trend.
SBF Inspires A Sold-Out San Francisco Musical

1 week ago | cryptonewsz.com | Ritu Lavania

FTX founder Sam Bankman-Fried (SBF), who is now serving a prison sentence, was recently a fictional character for a dark comedy musical. The musical that has reportedly become a massive hit in San Francisco. Sam Bankman-Fried (SBF) Becomes a Muse for a MusicalThe musical is titled Luigi: The Musical and was sold out within 24 hours of its premiere. The production opened at the 49-seat Taylor Street Theatre.