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EAK Digital, a global leader in Web3 marketing, PR, and events, has entered into a strategic partnership with TheBlock., the Dubai-based international chamber of virtual assets, to drive ecosystem visibility, growth, and cross-border collaboration across emerging Web3 markets. The partnership positions EAK Digital as TheBlock.’s strategic communications partner, enabling shared access to networks, events, media … <a href="https://beincrypto.com/eak-digital-and-theblock-announce-strategic-partnership
DOGE’s 13% weekly dip may not be what it seems. On-chain capitulation, hidden RSI divergence, and a cost-basis cluster at $0.21 hint at the end of consolidation.
Geoff Kendrick from Standard Chartered notes that corporate treasuries have acquired 1% of ETH’s supply since June, with expectations to hold 10%. This surge, driven by staking rewards and DeFi opportunities, has been key to ETH’s price rally.
GameSquare's $5.15 million NFT purchase positions digital collectibles as treasury assets, but experts remain divided on their long-term viability.
- 02:08Bank of Korea Establishes New Virtual Asset Division, Expected to Lead Internal Discussions on KRW StablecoinAccording to a report by News1 cited by Jinse Finance, the Bank of Korea has established a new virtual assets department under its Financial Payment Systems Bureau, which is expected to lead internal discussions on a Korean won stablecoin. In addition, the Bank of Korea has officially renamed its digital currency research team to the Digital Currency Team, marking a shift from theoretical exploration to a more proactive approach toward digital currency projects.
- 01:57Anchorage Digital acquires 10,141 Bitcoins worth approximately $1.19 billion within 9 hoursAccording to a report by Jinse Finance, on-chain analytics platform Lookonchain (@lookonchain) has monitored that federally chartered crypto bank Anchorage Digital received a total of 10,141 bitcoins from multiple wallets in the past nine hours, equivalent to approximately $1.19 billion.
- 01:52Hong Kong Monetary Authority: Applications Open for Basket Fiat-Pegged Stablecoins, First License May Be Issued Early Next YearAccording to ChainCatcher, citing a report from National Business Daily, Hong Kong Monetary Authority Deputy Chief Executive Arthur Yuen stated at a technical briefing on the stablecoin issuer regulatory regime that the number of stablecoin issuer licenses to be issued in the first phase is still uncertain and will depend on the quality of application materials submitted by institutions. He expects the first stablecoin issuer license to be issued early next year and emphasized that "the approval threshold is very high." Entering the "sandbox testing" phase does not guarantee license approval. Arthur Yuen also noted that the Hong Kong Monetary Authority maintains an open attitude regarding fiat currencies. Stablecoin issuers may apply for a license for a stablecoin pegged to a single fiat currency or to a basket of fiat currencies, with the key requirement being that the fiat currency or currencies must be specified in the application.