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JUST IN: 🇵🇰 Pakistan to legalize cryptocurrency.
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🐬 Black Rock big new in crypto currency #BlackRock BlackRock has not introduced a new cryptocurrency of its own. However, the firm has been actively expanding its involvement in the digital asset space through various initiatives: iShares Bitcoin Trust (IBIT): BlackRock launched the iShares Bitcoin Trust ETF, providing investors with direct exposure to Bitcoin through a traditional exchange-traded product. This ETF has seen significant growth, amassing net assets of $57.5 billion as of February 2025. Tokenized Money Market Fund (BUIDL): In March 2024, BlackRock introduced its first tokenized product, BUIDL, which is backed by short-term U.S. government bonds. Initially launched on the Ethereum blockchain, BUIDL has expanded to other networks, including Aptos, Arbitrum, Avalanche, Optimism's OP Mainnet, and Polygon, becoming the largest product in the $2.3 billion tokenized U.S. Treasury market. Bitcoin and Ethereum ETFs: BlackRock has also launched the iShares Ethereum Trust ETF, offering investors exposure to Ether, the native token of the Ethereum network. Through this ETF, BlackRock holds approximately 993,591.95 ETH, valued at around $3.5 billion, representing about 0.12% of the total Ether supply. These developments reflect BlackRock's strategic move into the cryptocurrency and digital asset markets, providing traditional financial products that offer exposure to these emerging asset classes.
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🚨Breaking news Hong Kong 🚀 Hong Kong continues to strengthen its position as a leading hub for cryptocurrency and digital assets. Here are some of the latest developments: Regulatory Developments Hong Kong's Securities and Futures Commission (SFC) has approved four additional cryptocurrency exchanges—Accumulus GBA Technology, DFX Labs Company, Hong Kong Digital Asset EX, and Thousand Whales Technology—bringing the total number of licensed virtual asset trading platforms in the city to seven. In a move to attract more investors, Hong Kong is considering tax exemptions on gains from cryptocurrencies and other assets for private equity funds, hedge funds, and investment vehicles of the ultra-wealthy. Industry Initiatives Standard Chartered's Hong Kong division is partnering with Animoca Brands and HKT to form a joint venture aiming to issue a stablecoin backed by the Hong Kong dollar. The consortium plans to apply for a license from the Hong Kong Monetary Authority to facilitate this initiative. Market Dynamics Hong Kong is exploring the approval of new cryptocurrency products, including derivatives and margin lending, to enhance its digital asset offerings. This initiative is part of the city's broader strategy to establish itself as a regional digital assets hub. These developments underscore Hong Kong's commitment to fostering a robust and innovative environment for cryptocurrency and digital asset growth.
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🚀🔥Gas token price prediction ✅ #GASUSDT As of March 18, 2025, Gas (GAS) is trading at approximately $2.91 USD. Price predictions for GAS vary among different analysts and platforms: CoinCodex anticipates a 7.00% increase, projecting GAS to reach $3.16 by April 15, 2025. CoinCheckup predicts a short-term decrease, estimating GAS will trade at $3.29 one week from now, reflecting a 6.10% decline. Binance projects a 5% increase over the next 30 days, suggesting GAS could reach approximately $2.91. Changelly forecasts a slight decrease of 0.81%, with GAS potentially dropping to $3.90 by March 19, 2025. CoinLore offers a more optimistic long-term view, predicting GAS could reach up to $129.10 by the end of 2025, with a minimum expected price of $90.72. It's important to note that cryptocurrency markets are highly volatile, and these predictions are subject to change based on market conditions and other factors. #GASUSDT #BinanceHODLerBMT $GAS
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