Bitcoin Could See Inflows Worth $2.28 Trillion in 2025: Insights From OKG Research
OKG Research’s forecast of $2.28 trillion in bitcoin inflows by 2025 underscores the asset’s growing importance in the global financial ecosystem. Bitcoin Can Hit Another Landmark in 2025 The cryptocurrency market is no stranger to bold predictions, and a new report by OKG Research, the research division of the Oko Cloud Chain Institute forecasts that […] Powered by...
Hong Kong Seeks Crypto Hub Status With Tax Breaks
Hong Kong is proposing tax breaks for hedge funds, private equity funds, and wealthy individuals investing in cryptocurrencies. Hong Kong and Singapore Vie for Top Financial Hub Spot Hong Kong authorities have reportedly proposed exempting hedge funds, private equity funds, and wealthy individuals from paying taxes on gains from cryptocurrencies. The proposals, aimed at making […] Powered by...
Tether Discontinues Support for EURT, Set to Prioritize USDQ and EURQ
Tether’s decision to discontinue EURT and prioritize USDQ and EURQ highlights the company’s forward-looking approach. Tether is Phasing out EURT Tether has decided to pull the plug on its Euro-pegged stablecoin, EURT. According to Tether’s announcement, holders of EURT will have until Nov. 27, 2025, to redeem their tokens, as the company will no longer […] Powered by...
Yield Chasers Propel Ethena’s USDE to $4.12B Market Cap in the Bull Market Frenzy
Based on current data, the stablecoin market has seen a notable expansion. This week, Ethena’s yield-bearing token, USDE, has reached a peak valuation of over $4.12 billion. Ethena’s USDE Tops $4.12 Billion: Is the Stablecoin Market Shifting Toward Yield? Yield-bearing stablecoins have steadily carved out a significant role in the market, with Ethena’s USDE now […] Powered by...
Phantom Money: Counterfeit Dollar Bills Haunt Istanbul Bazaar
Fears of counterfeit $50 and $100 bills have disrupted foreign-exchange trade at Istanbul’s Grand Bazaar, with some bureaus halting the purchase of these bills due to issues with identifying fake notes. There are conflicting views on the extent of the problem, with some traders blaming banks for clogging the system by not accepting old dollar […] Powered by...
