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Donald Trump’s World Liberty Financial spent another 100K USDC to buy 541,242 SEI at $0.185. As of March 16, 2025, SEI managed to reclaim and hold this resistance level on the daily chart. SEI temporarily surpassed Cardano in TVL.
Historically, stablecoin supply peaks align with cycle highs. Short-term BTC holders (1-3 months) have dumped $100B in realized losses since February—selling at a loss and adding pressure to the market. Search traffic for “how to buy crypto” is back at the bear market levels.
Chainlink (LINK) bounces off the 200-day EMA and trendline support, hinting at a strong recovery. Can bulls sustain the momentum?A Crucial Support Zone Holds FirmCan Bulls Sustain the Momentum?
This week’s top token unlocks include ZKJ, MANTA, and BMT, with over $34M in tokens entering circulation, impacting liquidity and market trends.
Polymarket predictions highlight shift in Bitcoin price targets for 2025 as market conditions dilute optimism. Is the 2025 bull run cancelled by the shifting political-economic landscape and how does this resemble 2021? Here’s where the potential post-halving peak will likely land based on historic trends.
AI agent tokens are regaining momentum amid the crypto market recovery. Here’s why VIRTUALS, AIXBT, and AI16Z are worth watching this month.
Toncoin's price responded positively, but uncertainty remains over Durov’s legal future and the long-term trajectory of the TON blockchain.
The document advocates classifying XRP as a payment asset rather than a security, urging regulatory changes and a presidential executive order to accelerate adoption.
Solana’s DEX activity has collapsed, putting SOL under heavy selling pressure. Can it hold key support, or is a further drop imminent?
- 10:51Chairman of the Hong Kong Financial Services Development Council: Stablecoins Should Not Be Used for Short-Term Speculation, Asset Market Digitization Is a Long-Term EndeavorAccording to ChainCatcher, citing the Hong Kong Economic Times, Hong Kong Financial Services Development Council Chairman Laurence Li stated that stablecoins should not be used for speculation, but rather should serve a stabilizing function. On the eve of the Hong Kong Stablecoin Ordinance coming into effect on August 1, dozens of companies have already expressed interest in applying for or participating in stablecoin-related businesses. Li pointed out that the digitalization of asset markets is a long-term battle, and stablecoins are a key component in the digitalization of Hong Kong’s financial markets. He believes that Hong Kong is at the forefront of digital development among financial centers and expects that more diverse assets will be tokenized in the future, though this process will take time. He also emphasized that, given the current uncertainty in global trade, Hong Kong should position itself as a treasury center for the Global South, helping enterprises and investors diversify supply chain and investment risks, while maintaining its status as a center for capital markets, wealth management, and RMB risk management.
- 10:36Hong Pizheng: Stablecoins Are a Long-Term Game, Not a Tool for Short-Term SpeculationOdaily Planet Daily News: As the "Stablecoin Regulation" is set to take effect on August 1, Hong Kong Financial Development Council Chairman Laurence Li stated at the annual report press conference that stablecoins are an integral part of the digitalization of Hong Kong's financial market and should serve a "stabilizing" function rather than be manipulated by short-term speculation. He noted that dozens of companies have already expressed interest in applying for stablecoin business licenses. Although development will take time, Hong Kong is already among the global leaders. In addition, Li proposed that Hong Kong should position itself as a treasury center for the "Global South," leveraging stablecoin development to help diversify investment and supply chain risks.
- 10:22Hong Kong FSTB Secretary Christopher Hui: Stablecoins Should Not Be Used for Short-Term Speculation but for Long-Term Strategy, with Asset Tokenization as the Next StepAccording to a report by Jinse Finance, Hong Kong Financial Services Development Council Chairman Laurence Li recently stated at the annual report press conference that stablecoins should not be used for speculation, and the digitalization of asset markets is a long-term endeavor. Stablecoins are meant to play a stabilizing role and should not be viewed with short-term thinking. He believes that Hong Kong's current pace of development is ahead of other financial centers. Li also revealed that stablecoins are one component of the digitalization of Hong Kong's financial markets, enabling the tokenization of intermediary currencies in transactions. He expects that the next step will be the tokenization of various assets, but emphasized that this development will take time and comprehensive tokenization will not happen in the near future.