The post Hong Kong’s HK SFC Unveils New Staking Rules for Crypto Platforms appeared first on Coinpedia Fintech News The Hong Kong Securities and Futures Commission (SFC) has released updated guidelines for licensed virtual asset trading platforms. The new rules allow these platforms to offer staking services, enabling users to earn rewards on digital assets. However, the guidelines mandate strict risk reduction measures, robust protection of customer assets, and full disclosure of staking risks. The move aims to strike a balance between fostering crypto innovation and ensuring investor safety in Hong Kong’s rapidly evolving market, while driving sustainable growth.
In crypto, all it takes is one well-timed entry to change the game. For many traders, small stakes—like a $10 buy-in—are being placed on proven tokens with big upside history. Right now, three tokens stand out for this strategy: Solana, XRP, and Bitcoin (BTC). These assets have shown they can run when the market aligns. And with 2025 shaping up for another critical phase, they’re front and center. Meanwhile, ecosystems like Cardano (ADA), Ethereum (ETH), SUI, and Avalanche (AVAX) continue building strong infrastructure. But among the early-stage names drawing serious attention, one stands out for its clean model—MAGACOINFINANCE. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE – Clean Structure, Fast Growth What makes MAGACOINFINANCE different isn’t just the low entry price—it’s the foundation. With over $5.3 million raised and a fixed 100 billion token supply, the project is fully public. No pre-market deals. No private allocations. Just open access for anyone who wants in. This level playing field is rare, and that’s why traders are watching it so closely. With growing wallet adoption, strong word of mouth, and listings coming soon, MAGACOINFINANCE is positioning itself as one of the last fair-launch opportunities left in the cycle. Momentum is climbing fast, and with limited supply remaining, the window to join before listings is narrowing by the day. The MAGA50X bonus offer is still active. This gives buyers a 50% increase in token allocation—but only until the final tokens are sold. The door is closing quickly, making this the last stage before launch. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X ADA, ETH, AVAX, and SUI Deliver Quiet Strength Cardano (ADA) continues to push research-first development across governance and scalability. Ethereum (ETH) remains essential in smart contract deployment and Layer 2 coordination. SUI is gaining attention for its developer-friendly tools and application speed. Avalanche (AVAX) continues building its cross-chain solutions with high performance. CLICK HERE TO JOIN THE NE-XT BILLION DOLLAR PROJECT Conclusion The $10-to-$10K journey may sound ambitious, but in crypto, it’s happened before—and traders believe it can happen again. Solana, XRP, and Bitcoin (BTC) are the current front-runners for that path in 2025. And with powerful networks like ADA, ETH, SUI, and AVAX continuing to develop, the overall market remains ripe with potential. For a fair and fast-moving early-stage project, MAGACOINFINANCE stands out as one of the most transparent and exciting setups this year. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $10 to $10K? Solana, XRP, and Bitcoin (BTC) Could Make It Happen
The post Crypto Sell-Off : Why Bitcoin, Ethereum and XRP Price Crashing Today? appeared first on Coinpedia Fintech News After hinting at possible stability last week, the wider crypto market – led by Bitcoin (BTC) – will be on the defensive side in the coming days. In the past 24 hours, the crypto market recorded heavy losses, with total forced liquidations of $1 billion , whereby the majority were long traders. As the Western financial markets gradually open on Monday, more losses are expected in the crypto market. Moreover, the wider Asian markets have set a bearish momentum, amid heightened fear of further capitulation. Also Read : Crypto Crashing Today : Chinese Stock Market , Nasdaq , Hang Seng Index, Nifty 50 Plunge Major Forces Behind Today’s Crypto Selloff Trade War Fears Bitcoin price led the wider altcoin market – led by Ethereum (ETH) and XRP – in a significant drop during the past 24 hours, largely because of the trade war fears. After China retaliated with reciprocal tariffs to the U.S. reciprocal tariffs, more nations, especially the European Union and Japan, are expected to announce similar measures this week. Consequently, crypto investors have accelerated profit-taking, while some traders took huge losses. Moreover, technical analysis shows the crypto market is slated to drop further in the coming days. Liquidation of Overleveraged Positions The crypto market recorded a forced liquidation of about $1.01 billion in the past 24 hours, whereby the long trades amounted to around $868 million. With over 323k traders impacted in the past 24 hours, including whale investors, the odds of a long squeeze increased, leading to further losses. Bearish Technical Setup The crypto market has been trapped in a bearish outlook since the second inauguration of U.S. President Donald Trump. Bitcoin price has already retested a macro reversal pattern , thus aiming for around $60k next. When I started trading we created our own charts from graph paper? And you wonder why my generation still uses white backgrounds? If the young guns of today had started then, would they have used black paper with white, green and red ink pens? BTW, $54k is a 50% retrace in $BTC pic.twitter.com/pRZ3EeZbpo — Peter Brandt (@PeterLBrandt) April 6, 2025 Ethereum price has already closed below a weekly rising logarithmic trend established in late 2023. As a result, the bearish sentiment has the upper hand for Ether, amid low demand from institutional investors. Meanwhile, XRP price slipped below the crucial support level above $1.9 in the past 24 hours to trade at about $1.77 at the time of this writing. As a result, more bearish sentiment for XRP will likely continue in the coming days. Macroeconomic Concerns The wider crypto market has been reacting to macroeconomic concerns , especially amid the ongoing global trade wars. As Coinpedia reported, the odds of a recession in the United States significantly increased, as economists predicted rising inflation.
Amid the major crashes that have rocked the crypto market in recent times, the XRP price has succumbed to bears. The cryptocurrency has pushed back over 30% from its $3.2 high of January 2025, leading investors to believe that the end of the decline is near. In response to this, the majority of traders with open positions betting on the XRP price have turned bullish, but this could go south for the traders involved. 70.33% Of Finance Traders Go Long According to data shared by crypto analyst Ali Martinez on the X (formerly Twitter) platform, more and more traders are betting on the XRP price to see a recovery soon. More specifically, of all the open positions on the XRP price, 70.33% are long positions, leaving only 29.67% expecting the price to go down. This is in stark contrast to the fear that has dominated the market in recent times as prices have crashed. It also suggests that crypto traders expect that the altcoin will soon see a bottom and reverse from its current decline. Related Reading: Has The Dogecoin Price Bottomed Out? Analyst Points Out ‘Critical Decision Zone’ During this time, the XRP open interest has also remained quite steady, showing that investors are still actively trading the coin. As data from Coinglass shows, open interest is still sitting above $3.4 billion and has maintained a close average to this figure over the last two weeks. This comes amid market dips and crashes as traders continue to maintain their positions. Why The XRP Price Could Crash The high number of crypto traders who are long on the XRP price shows high levels of hope that the altcoin could recover soon. However, as the crypto market is wont to do, it hardly ever goes the way that investors expect. Usually, the best time to get into the market is when the majority of investors are bearish as there is more room for growth. So, with the vast majority of investors still bullish, the price is more likely to crash than recover from here. Nevertheless, bullishness continues to be the order of the day as a Korean crypto analyst has predicted that the XRP price will explode. Even more interesting is the fact that the crypto analyst believes that XRP will hit $10-$20. This target continues to be widely debated, especially as the altcoin is yet to beat its 2018 all-time high of $3.8. Chart from TradingView.com
SOL's price action is only heading in one direction in the near term.
April 8th HTX DAO xTRON Hong Kong night is here! Top prize for live event 1 ETH! And massive 888, 388USDT The post HTX WEEKLY：6 Apr. 2025 first appeared on HTX Square .
Cryptocurrency values have significantly decreased due to global market tensions. Expert opinions highlight skepticism about Bitcoin's status as a hedge against risk. Continue Reading: Market Turbulence Sparks Significant Drops in Major Cryptocurrencies The post Market Turbulence Sparks Significant Drops in Major Cryptocurrencies appeared first on COINTURK NEWS .
Twitter founder and Block Inc. CEO Jack Dorsey has recently shared his thoughts on why Bitcoin would fail if pursued only as a store of value of “digital gold”. Although BTC is often seen as a hedge to the equity market, it has largely moved in tandem with it and is still considered a risk-ON asset considering volatility. Dorsey believes that it’s high time that BTC enters mainstream financial payments. Jack Dorsey on Why Bitcoin Could Fail Twitter co-founder and Block Inc. CEO Jack Dorsey has stirred fresh debate within the Bitcoin community. Speaking on the Presidio Bitcoin podcast last week with Haley Berkoe, Dorsey argued that Bitcoin must function as more than just a store of value if it is to succeed long term. Dorsey warned that limiting BTC use case to a digital equivalent of gold could lead to its “irrelevance.” According to him, Bitcoin’s true potential lies in its use for payments and everyday transactions. Jack Dorsey said: “I think it has to be payments for it to be relevant on the every day. Otherwise, it’s just something you kind of buy and forget and only use in emergency situations or when you want to get liquid again. So I think if it doesn’t transition to payments and find that everyday use case, it just gets increasingly irrelevant. And that’s failure to me.” Well, it seems that the Twitter co-founder is clearly challenging the narrative of Bitcoin as a “digital gold” going for long in the global financial market. His remarks revive a long-standing discussion in core Bitcoin circles: is Bitcoin ultimately a medium of exchange, a store of value, or both? Get Back to Bitcoin Whitepaper Jack Dorsey also called for a return to Bitcoin’s original mission, as mentioned in the whitepaper by Satoshi Nakamoto, noting that it needs to prioritize simple and accessible payment solutions that offer speed, privacy, and security. Addressing concerns over volatility and scalability, Dorsey argues that once BTC becomes more accessible, issues like wild Bitcoin price swings will alleviate. He suggested that Bitcoin has drifted from its core vision as a peer-to-peer payment system. Dorsey also urged developers and the broader community to refocus efforts on utility rather than just treating it as a store of value. “There’s tons of stuff we need to do to really get back to the white paper, which is, you know, a system for electronic peer-to-peer digital cash like we have not seen that yet,” he said. BTC Institutional Adoption on The Rise Over the years, BTC’s institutional adoption has also been on the rise, even with new investment products like Bitcoin ETF seeing strong demand in the first year of launch. Amid today’s crypto market crash , BTC price has tanked under $80K, testing its next crucial support levels. As of press time, BTC price is trading 7.5% down at $76,771 with a 260% surge in daily trading volume, shooting all the way to $50 billion. Crypto analyst Ali Martinez reports a notable uptick in large BTC holders, revealing that 76 new entities holding more than 1,000 BTC have joined the network over the past two months. This marks a 4.6% increase and suggests growing institutional demand for Bitcoin. Source: Ali Martinez The post Jack Dorsey: Bitcoin Can Fail If Only Used As Digital Gold, Store of Value appeared first on CoinGape .
The post Bitcoin Price Drops by 8.5%: Bloomberg’s McGlone Warns as Gold Rises and Crypto Falls! appeared first on Coinpedia Fintech News Bloomberg’s senior commodity strategist, Mike McGlone, is back in the spotlight with another bold take on the markets. After previously warning that Bitcoin could “lose a zero,” McGlone is now turning heads with his latest insights. This time, he’s highlighting gold’s growing strength as it challenges the dominance of traditional stocks. His latest analysis comes as Bitcoin, the world’s largest cryptocurrency, experiences a sharp decline, plunging 8.5% to $77,470 . With market conditions shifting rapidly, McGlone questions if investors are choosing the right assets or if they’re betting on the wrong assets at the wrong time. Gold Gaining Edge Over Risky Assets According to McGlone’s recent analysis, we may be witnessing a significant paradigm shift in asset valuations. He suggests that risky assets like stocks and cryptocurrencies might be due for a price correction after being overvalued for a long time. When paradigm shifts happen, probably best not to chance being on the wrong side of history, especially if it's simple mean reversion of silly expensive risk assets. #Cryptocurrencies are among the riskiest. Treasuries the opposite. Michael Saylor is all in #Bitcoin , Warren… pic.twitter.com/73do1sBtIk — Mike McGlone (@mikemcglone11) April 6, 2025 Meanwhile, safer investment options like gold and U.S. Treasury bonds are becoming more attractive to cautious investors. McGlone’s attached chart shows how gold has performed compared to stocks (S&P 500) over the years. The gold-to-stocks ratio has historically seen major breakouts during periods of economic uncertainty, proving its status as a safe-haven asset. The data now hint that gold might be gearing up for another strong rise, possibly outperforming stocks soon. Bitcoin vs. Treasuries: A Better Pick! McGlone also compares the investment choices of two major financial figures, Michael Saylor and Warren Buffett. Saylor, a well-known Bitcoin advocate, has placed significant bets on the cryptocurrency, whereas Buffett remains steadfast in his commitment to U.S. Treasury bonds. McGlone aligns himself with the latter, viewing Treasury bonds as a more stable investment in uncertain times. Bitcoin Could Lose a Zero This isn’t the first time McGlone has warned about Bitcoin’s future. Earlier, he predicted it might “lose a zero, ” suggesting a major drop. As McGlone recalls, the Nasdaq hit 5,000 in 2000 before the dot-com bubble burst. Now, he compares Bitcoin’s rise to the Nasdaq’s peak before the dot-com crash. He points out that Bitcoin was born after the 2008 financial crisis, and now he believes the market may have peaked, as Bitcoin recently hit $100,000 before pulling back, hinting at a possible downturn.
The post Crypto Market Down: $985M Liquidated, Bitcoin Falls Below $78K appeared first on Coinpedia Fintech News In a dramatic market crash today, $985 million was liquidated, sending shockwaves through the crypto world. Bitcoin fell below $78,000, while key altcoins such as XRP, SOL, and ETH dropped roughly 15%. The rapid sell-off underscores the inherent volatility of digital assets as investors face uncertainty amid ongoing regulatory and economic pressures. With sharp downturns across the board, this event serves as a stark reminder of crypto’s unpredictable nature and the high risks involved in the market today.