💰 Bitcoin Nears All-Time High
$BTC is trading around $104,176, just 3% shy of its all-time high. The recent surge is attributed to easing U.S. tariffs, positive trade developments, and expectations of interest rate cuts.
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🇭🇰 Hong Kong Advances Crypto Regulations
Hong Kong is enhancing its position as a digital asset hub by introducing new regulations to attract global investors. The city has licensed ten exchanges and plans to regulate stablecoins and over-the-counter trading, aiming to provide a transparent and secure environment for crypto activities.
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🏛️ U.S. Regulatory Developments
The U.S. Securities and Exchange Commission (SEC) is working on establishing clear guidelines for crypto assets, focusing on issuance, custody, and trading. This initiative aims to foster innovation while ensuring investor protection.
🧊 Trump Family's Crypto Venture
The $TRUMP family has entered the crypto space with a venture backed by a $2 billion investment from an Emirati firm. However, the project has faced criticism due to significant losses incurred by investors in the associated $TRUMP meme coin. 