China News Today TheBitTimes.com

Terence Pu, Managing Director of HashKey Exchange： We are pleased to see the Hong Kong government release the forward-looking and pragmatic “A-S-P-I-Re” roadmap for advancing the virtual asset industry. This roadmap outlines five key pillars and twelve initiatives that will shape the industry’s development over the next three years. Key focus areas include enabling staking services, attracting global liquidity, exploring derivatives trading and lending, adjusting the allocation between hot and cold wallets as well as insurance coverage, and fostering cross-departmental and cross-jurisdictional regulatory collaboration in innovative areas. As Hong Kong’s largest licensed virtual asset exchange, HashKey Exchange has maintained close cooperation with regulators and transparent communication. We have been actively exploring multiple core areas that closely align with the key directions outlined in the roadmap: 1. Expansion of Products and Services: Pillar P (Products) refers to expanding p...

Bitcoin (BTC) is on a bull market after breaking out of its all-time high of $73,800, fuelling market euphoria. Historically, this “euphoric phase” will last for a few months before making a new top and reversing back down. Ki Young Ju, founder and CEO of CryptoQuant , greeted Bitcoin’s euphoria and warned investors about the “euphoric phase” roadmap. In particular, the crypto executive and analyst highlighted that “euphoria” usually lasts three to 12 months, except for 2021’s cycle. According to him, euphoria started two weeks ago, and 99.3% of all BTC addresses are in profit right now. Picks for you Dogecoin on track for a 100% rally to $0.82, analysts predict 6 mins ago Buy before it soars: Key levels to watch as Solana (SOL) targets ne...