Crypto Pulse Media

Mai multe firme mari de investiții au retrogradat preventiv Coinbase și alte platforme, deoarece o scădere bruscă a activității de tranzacționare și prețurile în cădere ale token-urilor amenință să deraieze rezultatele financiare din primul trimestru.
Barclays a făcut cel mai direct pas, retrogradând Coinbase (COIN) și avertizând că „activitatea globală de tranzacționare cripto a scăzut la un nivel nes întâlnit de la sfârșitul anului 2023.” Banca a adăugat că „în absența unei reveniri a activității de tranzacționare cripto pe termen scurt, vedem profitabilitatea sub presiune la Coinbase.”

Traders on decentralized exchange Hyperliquid are increasingly favoring perpetual futures tied to commodities.
By trading activity, oil and silver contracts now far outpace SOL and XRP perps, which posted $176 million and $31 million in volume, respectively. For context, both XRP and SOL have multibillion-dollar market caps and rank among the world’s largest cryptocurrencies.
This trend comes as commodities have turned highly volatile amid the ongoing Iran conflict, which has disrupted crude supply through the strategic Strait of Hormuz — a critical chokepoint for roughly 20% of global oil shipments. It underscores Hyperliquid’s emergence as a go-to platform for price discovery in commodities, especially over weekends when traditional markets are closed.
Brent and WTI crude prices have surged more than 45% this month, the kind of returns typically seen in memecoins. The rally has pushed oil above $100 a barrel, sending inflationary shocks worldwide and drawing renewed attention to commodities as a sector of interest amid heightened geopolitical and market risks.
The uncertainty shows no signs of abating, suggesting Hyperliquid’s energy markets could continue to see heavy activity and potentially challenge bitcoin and ether’s dominance. Perpetual contracts tied to the two tokens still remain the most traded on the exchange, posting 24-hour volumes of $1.94 billion and $990 million, respectively.
Iran said early Monday that the Strait of Hormuz would be "completely closed" immediately if the U.S. follows up on President Donald Trump's threat to attack its power plants.
The stark warning came after Trump said the U.s. would obliterate Iran's power plans if Tehran fails to fully allow oil tankers to pass through the Strait within 48 hours.
In the meantime, analysts at investment banking giant Goldman Sachs have lifted their oil price forecasts amid the ongoing supply disruption.
They now see the Brent crude averaging $100 a barrel over March-April, up from a prior forecast of $98, and implying a roughly 62% premium to their full‑year 2025 outlook. The bank also revised its full‑year 2026 Brent average higher to $85 a barrel, while maintaining a robust $80 average for 2027.
#UnicornChannel
#yasirazam
#tobechukwu
#Robertkiyosaki
#EconomicAlert

Pe măsură ce șocurile petroliere reînvie anxietatea investitorilor, stablecoins au rezolvat plățile, dar nu puterea de cumpărare, spune Michael Ashton, al cărui token USDi are ca scop să rezolve acest lucru.
Pentru Michael Ashton, co-fondator al stablecoin-ului USDi împreună cu Andrew Fately, cifrele subliniază o defecțiune în arhitectura monetară a cripto.
Boom-ul stablecoin-urilor a reconstruit accidental doar jumătate din sistemul monetar,” a declarat Ashton pentru CoinDesk într-un interviu. “Stablecoins au rezolvat problema mediei de schimb pentru cripto, dar nimeni nu a rezolvat problema stocării valorii. USDi este prima încercare serioasă de a termina construirea sistemului monetar onchain."

World Liberty Financial responded to CoinDesk's reporting by saying it would "simply supply more collateral" if markets moved against it, a statement that did not reassure holders.
When CoinDesk reached out for a comment, WLFI did not directly address or dispute the transactions. Instead, it pointed to a social media post published after CoinDesk's report, which argued that the position was intentional and beneficial.
The statement also noted that WLFI would add more of its own token as collateral to avoid liquidation, further highlighting, rather than resolving, the concern raised in CoinDesk's reporting.
Adding more WLFI to back a position denominated in WLFI on a protocol advised by WLFI's own advisor is a form of circularity that investors may want to keep track of.
WLFI framed its role as "anchor borrower," saying the borrowing generates yield for other users at a time when traditional markets offer little. The team disclosed $65.58 million in open-market buybacks of 435.3 million WLFI tokens at an average price of $0.1507 over the past six months, and said a governance proposal to unlock tokens for early holders would be posted next week.
The token is now trading roughly 48% below the buyback average, meaning WLFI's own treasury purchases are significantly underwater.
Meanwhile, three billion additional WLFI tokens sit in an intermediary wallet after the treasury transferred them on April 2 and April 7. That stash is worth roughly $234 million as of current prices, down from $266 million a week ago.
The math works against WLFI on every side if those tokens follow the same path into Dolomite. Lower prices mean less borrowing power per token, and depositing more tokens to borrow more stablecoins from a pool that is already nearly drained makes it harder for other depositors to withdraw. The collateral backing the position becomes even more concentrated in a token that just lost 12% in a day.
#Write2Earrn
#ETFvsBTC
#Robertkiyosaki
#tobeempire
#UNIUSDT

Propunerea ar muta construcția de blocuri de la validatorii individuali, ar crea o entitate de venituri numită FIRE pentru a cumpăra și a arde FLR și ar reduce inflația anuală a tokenurilor la 3%.
Estimările externe plasează veniturile anuale MEV la zeci de milioane pe rețele precum Arbitrum, peste 500 de milioane de dolari pe Ethereum și până la 1 miliard de dolari pe Solana. Propunerea în trei etape a Flare ar direcționa venitul către economia proprie a tokenului protocolului.
În prima etapă, construcția de blocuri se mută de la validatorii individuali la un constructor desemnat, condus inițial de entitatea Flare, cu o revenire la modelul actual dacă constructorul nu este disponibil. În a doua etapă, construcția de blocuri se mută în Flare Confidential Compute, făcând procesul auditabil public. A treia etapă îmbină constructorul și propunătorul într-o singură entitate, mutând validatorii existenți într-o rol de verificare.

Six weeks of war have revealed that bitcoin's floor depends entirely on a handful of mandated buyers absorbing what everyone else is trying to get rid of.
Here is who is on each side and what their behavior tells us about where conviction actually sits.
Three entities account for nearly all of the sustained buying pressure in the bitcoin market right now, and all three are buying because their business model requires it rather than because they've made a discretionary call on price.
Strategy has been the most visible. The company disclosed its latest purchase on April 5, adding 4,871 BTC for approximately $329.9 million at an average of $67,718 per coin.
Total holdings now stand at 766,970 BTC acquired for $58.02 billion at a blended cost basis of $75,644. The position is underwater by roughly 8% at current prices, but Strategy continues buying below its average, pulling the breakeven lower with each purchase.
A CoinDesk report last week showed Strategy's 30-day accumulation holding steady at approximately 44,000 BTC through March.
Strategy's STRC preferred equity product saw hundreds of millions in new inflows around its recent ex-dividend date, providing the capital for continued accumulation. As long as investor appetite for that yield product holds, Strategy keeps buying. If STRC inflows slow, so does the bid.
Meanwhile, U.S. spot bitcoin ETFs absorbed approximately 50,000 BTC in March's 30-day rolling window, the highest monthly pace since October 2025.
But the broader ETF industry data tracked on a weekly basis tells a less bullish story. CoinShares reported only $22 million in U.S. spot ETF inflows last week out of $107 million in total bitcoin ETP flows globally. Meanwhile, most flows came from one country – Swiss-listed products pulled in $157 million alone, accounting for 70% of the global ETP inflow of $224 million.
The institutional channel is open but the flow tis highly concentrated and is slowing on a weekly basis.
Meanwhile, Bitmine Immersion Technologies, while primarily an ether play, represents the same structural dynamic on the ETH side.
The company bought 71,252 ETH last week, its largest single-week purchase since December 2025, and now holds 4.8 million tokens worth roughly $10 billion.
Chairman Tom Lee called the stock market bottom this week while his company was actively spending hundreds of millions accumulating the asset he was publicly talking up.
Whales holding 1,000 to 10,000 BTC have turned from the market's largest buyers into its largest sellers. The one-year change in whale holdings has swung from roughly positive 200,000 BTC at the 2024 bull market peak to negative 188,000 BTC, a nearly 400,000 BTC reversal that CryptoQuant described as one of the most aggressive large-holder distribution cycles on record. The 365-day moving average continues to decline, confirming the selling is structural rather than reactive to any single event.
Mid-tier holders, wallets with 100 to 1,000 BTC, are still technically accumulating but the pace has collapsed more than 60% since October 2025, from nearly 1 million BTC in annual additions to 429,000. They have not flipped to selling yet, but the trajectory points that direction.
Listed bitcoin miners are liquidating treasury. Riot Platforms, MARA Holdings, and Genius Group disclosed selling more than 19,000 BTC from their treasuries in a single week earlier this month.
Some are facing operational strains, with bitcoin near $70,000 and difficulty at all-time highs and rising energy costs. The likes of Core Scientific, Iris Energy, and Hut 8, are pivoting capacity to AI hosting where contracted revenue replaces the volatility of mining income.
Bhutan, the only sovereign nation that built a bitcoin position through its own hydropower-backed mining operation, has sold 70% of its holdings since October 2024, from roughly 13,000 BTC to 3,954. The kingdom moved another 319.7 BTC to exchange-linked wallets this week. Its last mining inflow exceeding $100,000 was recorded over a year ago, suggesting the operation may have stopped entirely. Strategy now buys more bitcoin in a typical week than Bhutan has left.
The gap between what mandated buyers are doing and what the rest of the market feels is historically unusual.
The Fear and Greed Index spent over a month pinned between 8 and 14, the most sustained period in extreme fear territory since the 2022 bottom. It only climbed out of single digits this week after the ceasefire was announced.
Santiment data showed five bearish social media posts for every four bullish ones last weekend, the most negative skew since the war began.
Yet through all of that, ETFs were buying 50,000 BTC a month, Strategy was buying 44,000, and bitcoin never broke below $65,000. The floor held because the mandated buyers were absorbing what the discretionary sellers were dumping. The question is whether that absorption is sustainable.
The ceasefire announcement Tuesday produced the sharpest single-day rally in over a month, with bitcoin surging past $72,000 and $427 million in shorts getting liquidated. Open interest in BTC and ETH perpetuals expanding by $2.1 billion and $2.2 billion respectively in 24 hours, with coin-denominated OI also rising, confirming net new long positions rather than just short liquidations.
The Coinbase Premium turned positive for both bitcoin and ether for the first time since October's all-time high, reversing months of persistent negative readings. If it holds, that is the first sign of genuine U.S. buyer re-engagement since the war began.
But the ceasefire has not changed the structural dynamics underneath. Whether it converts into a trend reversal depends on whether the two-week truce becomes permanent, and whether the institutional flows that held the floor through the war can push through the $73,000 ceiling that has rejected every rally since late February.
In conclusion, a read across all of the data is that bitcoin's buyer base has been narrowing for months.
The number of entities providing sustained buying pressure can be counted on one hand. Strategy, ETFs, and to a lesser extent Morgan Stanley's new channel. Everyone else is either selling, slowing down, or leaving.
#CZonTBPNInterview #FedNomineeHearingDelay
#IranClosesHormuzAgain
#PolygonFunding
#BinanceWalletLaunchesPredictionMarkets

În ciuda bogăției sale minerale imense, Republica Democratică Congo continuă să se lupte să atragă investiții străine stabile în mijlocul insecurității, cu gigantul berii Heineken vânzând participația sa la Bralima într-o restructurare majoră a prezenței sale de lungă durată.
Heineken și-a vândut participația la Bralima, punând capăt decadelor de proprietate directă în Republica Democratică Congo.
Vânzarea către ELNA Holdings cu sediul în Mauritius are loc în mijlocul insecurității și instabilității în curs, în special în estul RDC.
Conflictul și grupurile armate continuă să perturbe operațiunile comerciale, logistica și lanțurile de aprovizionare, afectând investițiile străine.

Sectorul aviatic al Nigeriei se confruntă în prezent cu un nou dilema, deoarece Agenția de Management al Spațiului Aerian Nigerian trag un semnal de alarmă cu privire la sistemele radar vechi, care ar putea împiedica capacitatea țării de a monitoriza corespunzător cerul.
Supravegherea spațiului aerian al Nigeriei este în pericol din cauza sistemelor radar învechite și depășite, în special a sistemului TRACON.
Echipamentul, instalat între 2008 și 2010, a depășit durata sa de operare de zece ani și acum nu mai dispune de piese de schimb și suport.
Constrângerile bugetare, inclusiv o reducere de 30% din partea Guvernului Federal, împiedică actualizările și întreținerea necesare ale sistemului.

African-linked vessels are among the first non-Iranian ships cautiously navigating the Strait of Hormuz after a fragile ceasefire between the United States and Iran, even as traffic through the world’s most important oil chokepoint remains far below normal levels and hundreds of ships remain stranded.
The Gabon-flagged MSG completed the first non-Iranian passage post-ceasefire, while a Botswana-flagged LNG tanker was turned back by Iran's Revolutionary Guard.
African-linked vessels are among the first non-Iranian ships cautiously navigating the Strait of Hormuz after a fragile US-Iran ceasefire.
Iran claims only US- and Israel-linked vessels are restricted and may allow special arrangements for countries like South Africa, while also considering imposing tolls on container ships.
Ship traffic through the strait remains far below normal, with only a handful of vessels passing and more than 600 ships still stranded.
Ship-tracking data shows only a handful of vessels have crossed the strait since the truce, underscoring continued Iranian control of the waterway and growing geopolitical tensions involving Washington, Tehran and global shipping operators.
The Gabon-flagged oil tanker MSG was among the first non-Iranian vessels to transit the strait after the ceasefire, carrying about 7,000 tonnes of Emirati fuel oil bound for India, according to MarineTraffic data.
A Liberia-flagged tanker, Daytona Beach, also crossed earlier, transiting at 8:59 a.m. CET after departing Iran’s Bandar Abbas port about an hour earlier at 7:28 a.m. CETSiyam
By contrast, a Botswana-flagged liquefied natural gas tanker, Nidi, reversed course after attempting to travel out of the Persian Gulf via a designated route before being directed by Iran’s Islamic Revolutionary Guard Corps, according to the Associated Press
Iran has required ships to coordinate movements with the Revolutionary Guard and follow specified routes through the strait amid security risks
Data from market intelligence firm Kpler shows at least 12 vessels have crossed the strait since the ceasefire, far below the usual daily volume of more than 100 ships
Five vessels crossed on Wednesday, down from 11 the previous day, while seven transited on Thursday, indicating traffic has not meaningfully recovered.
More than 600 vessels, including about 325 tankers, remain stranded in the Gulf, according to Lloyd’s List Intelligence, raising concerns about prolonged supply disruptions and rising shipping costs
Iran’s continued control of the strait has prompted diplomatic outreach, including from African economies reliant on Gulf energy supplies
Addressing the United Ulama Council of South Africa in Cape Town, Iran’s ambassador to Pretoria, Mansour Shakib Mehr, said reports that the energy supply chain had been closed since the start of the conflict on February 28 were inaccurate
He said only vessels linked to the United States and Israel were being restricted from sailing through the strait, which carries about 20% of crude oil originating in the Persian Gulf
Mehr added that Iranian authorities had allowed Chinese- and India-bound shipments to continue under specific conditions and that the same “special arrangement” could be extended to South Africa
Despite Nigeria and Angola cushioning supply disruptions across parts of Africa, the two producers supply roughly two thirds of crude demand in some markets, helping limit immediate shortages but leaving the continent exposed to global price volatility
Countries including China, Malaysia, India and Egypt have opened discussions with Tehran to secure passage through the waterway, as Iranian officials weigh plans to formalise control of the route, including proposals for a toll of about $2 million per container ship
A spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union also indicated that shipping firms may be required to pay Iran a levy in cryptocurrency for each barrel of oil transported through the strait
US President Donald Trump criticised Iran’s management of oil transit, writing: “Iran is doing a very poor job, dishonorable some would say, of allowing Oil to go through the Strait of Hormuz
He also warned: “There are reports that Iran is charging fees to tankers going through the Hormuz Strait – They better not be and, if they are, they better stop now
Iranian Foreign Minister Abbas Araghchi, meanwhile, accused Washington of failing to honour the ceasefire. “The world sees the massacres in Lebanon,” Araghchi said in a post on social media. “The ball is in the US court, and the world is watching whether it will act on its commitments
#Dogecoin‬⁩
#tobechukwu
#CZonTBPNInterview
#Kriptocutrader
#PEPEATH

One of the most obvious indicators that it could be a smart idea to buy a house rather than keep renting is a lower price-to-rent ratio.
The price-to-rent ratio measures whether it is more affordable to buy or rent a home.
A low price-to-rent ratio suggests that home prices are reasonable compared to rent costs, making buying more attractive
Lower ratios indicate more balanced markets and less financial strain for first-time buyers
According to Numbeo, several major African cities currently have low price-to-rent ratios, indicating that homeownership is financially advantageous there
The statistic, which compares the cost of owning a house to the cost of renting it, is straightforward, yet it provides useful information on long-term financial benefit and housing affordability.
In comparison to rental income, a low ratio indicates that property prices are reasonably priced
Fundamentally, the price-to-rent ratio aids in providing a practical response to the following query: Is it more affordable to rent over time or own this property outright?
Financial hardship is more likely in markets where the ratio is high, since purchasers frequently exceed their budgets to purchase expensive properties
To put it another way, the price of purchasing a home is not much more than what you would eventually pay in rent
This increases the sustainability of homeownership, especially for first-time purchasers
A lower percentage, on the other hand, indicates a more balanced market where genuine economic value underpins property prices
The ratio also takes into account more general market conditions
A lower percentage frequently suggests that supply and demand for housing are reasonably balanced, preventing a sharp price rise
This gives buyers greater leeway to bargain for better prices and less pressure to make snap judgments
Additionally, it may indicate a more stable real estate market where fundamentals rather than speculators drive prices
Numbeo shows that standardizing comparisons across markets is made easier by using realistic assumptions, such as determining rent per square meter based on actual apartment sizes (50 square meters for a one-bedroom and 110 square meters for a three-bedroom)
The ratio nevertheless offers a solid foundation for assessing affordability and making wise choices even when taxes and maintenance expenses are not taken into account
In the end, a low price-to-rent ratio benefits purchasers by bringing the cost of ownership into line with actual rental values
With that said, here are the major African cities with the lowest price-to-rent ratio, indicating that owning a home is more financially viable than paying rent, per data from Numebo.
#IranHormuzCryptoFees
#Robertkiyosaki
#YapayzekaAI
#UnicornChannel
#orocryptotrends

African central banks are gradually aligning with a global shift toward gold-backed reserves, as total central bank purchases reached 27 tonnes in February 2026, valued at about $2billion depending on prevailing prices.
African central banks are gradually increasing gold-backed reserves.
The majority of global central bank gold demand is concentrated among a small group of consistent buyers.
Africa's gold accumulation is modest but strategic, led by the Bank of Uganda, Kenya and the DRC
While global gold demand remains high, driven by countries like China, Poland, and Kazakhstan, Africa is adopting a slow and policy-driven approach to increase holdings.
The uptick marks a rebound from January’s slowdown and reflects a sustained push toward reserve diversification.
Global gold demand from central banks remains highly concentrated among a small group of consistent buyers rather than being evenly spread across the global financial system.
Although more than 60 central banks have added gold in recent years, the bulk of net demand is still driven by a narrow group of aggressive accumulators, mainly in emerging markets.
According to analysis by the World Gold Council, the National Bank of Poland has been one of the most aggressive, adding roughly 80–95 tonnes in 2025, while People’s Bank of China remains the most consistent accumulator, extending its buying streak beyond 16 months with reserves above 2,300 tonnes.
Kazakhstan has also steadily increased holdings, adding about 40–50 tonnes, while Turkey and India have taken a more cyclical approach, alternating between purchases and pauses depending on domestic and market conditions.
This concentration has helped keep global demand elevated above historical averages since 2022, often exceeding 1,000 tonnes annually in peak years before easing slightly in 2025–2026.
African participation remains modest but increasingly strategic. Uganda is at the forefront, launching a domestic gold purchasing programme targeting at least 100 kilograms (0.1 tonnes) over four months.
Last year, African central banks delivered mixed but increasingly strategic performances, with gold playing a central role in managing currency pressures and economic instability.
Ghana stood out for aggressively boosting reserves to support the cedi, while Egypt maintained a more cautious, stability-focused approach. Meanwhile, Zimbabwe experimented with a gold-backed currency, achieving short-term stability but facing lingering credibility concerns.
The initiative reflects a deliberate shift toward locally sourced reserves, aimed at reducing exposure to currency volatility while strengthening balance sheet stability.
In Kenya, gold reserves remain extremely low at just 0.02 tonnes, but policymakers have signaled plans to begin gradual accumulation. With foreign reserves estimated at $12–13 billion, Kenya has room to diversify into gold as part of broader reserve management reforms.
Elsewhere, the Democratic Republic of the Congo is targeting 15 tonnes of artisanal gold production in 2026, as part of efforts to formalise mining output and strengthen state control over bullion flows.
Although Africa still holds a negligible share of global central bank gold reserves, the direction is increasingly clear.
Rather than aggressive accumulation, the continent is adopting a slow, structured, policy-driven approach, aligning with a wider global trend where gold continues to regain importance as a reserve hedge in uncertain financial markets.
#CZonTBPNInterview
#FedNomineeHearingDelay
#IranClosesHormuzAgain
#PolygonFunding
#SamAltmanSpeaksOutAfterAllegedAttack

În mijlocul perturbărilor persistente ale comerțului global din Strâmtoarea Ormuz, Togo propune un plan ambițios pentru a poziționa Portul Lome ca un centru logistic mai sigur și mai de încredere pentru industria maritimă internațională.
Togo își propune să poziționeze Portul Lome ca un centru logistic sigur și de încredere în mijlocul perturbărilor din rutele comerciale globale, în special în Strâmtoarea Ormuz.
Tensiunile geopolitice din Strâmtoarea Ormuz au crescut costurile și riscurile de transport, afectând lanțurile globale de aprovizionare dependente de petrol.

The crypto exchange said its operations in the United Arab Emirates remain unchanged and that many employees have chosen to remain
The spokesperson also said its operations in the UAE remain unchanged and that many employees have chosen to stay.
Our operations in the UAE continue as normal — a large number of our team has chosen to remain in the UAE. We remain deeply committed to the UAE as a key hub for Binance and to the broader region,” the spokesperson said. “As a global company, we continue to operate seamlessly and serve our users without interruption.”
The offer of relocation comes after a ceasefire agreement, following roughly six weeks of escalating regional conflict that has disrupted business activity in the UAE. The country has intercepted hundreds of missiles and drones since hostilities began in late February, according to the UAE Ministry of Defense, with additional interceptions reported on April 8.
The Middle East conflict has already disrupted major crypto, business and sports events across the UAE. TOKEN2049 Dubai has been postponed to 2027, while TON Gateway was canceled due to security and travel concerns. Other large events, including Middle East Energy Dubai and the Dubai International Boat Show, have also been delayed, and the Bahrain and Saudi Arabian Formula 1 races, key for crypto sponsorship exposure, are set to be canceled.
In December, Abu Dhabi Global Market (ADGM) said Binance’s global platform would operate under its regulatory framework, marking a significant step in formalizing the exchange’s structure.
Binance, which reportedly has 1,000 staff members or 20% of its total global workforce in the UAE, has also indicated that its worldwide operations are supported from Abu Dhabi, though it has not clearly defined a single global headquarters.
#writetoearn
#quickfarm
#tobeempire
#Robert
#Yazdan

Cuvântul magic pentru adoptarea și succesul activelor digitale: alegerea
Oportunitatea este atât reală, cât și transformatoare, dar adoptarea accelerată a activelor digitale nu este garantată.
Activele digitale au evoluat bine dincolo de ciclul de hype. Ceea ce a început ca un experiment în transferul de valoare descentralizat a evoluat într-o conversație serioasă despre cum piețele de capital, custodia, decontarea și proprietatea activelor ar putea fi reimaginată pentru era digitală. Tokenizarea, banii programabili și registrele distribuite pot oferi decontare mai rapidă, o transparență mai mare și noi eficiențe în întregul sistem financiar.

The approvals by the Hong Kong Monetary Authority, the territory's central bank, mark the first batch under the Stablecoins Ordinance, which took effect in August 2025.
We look forward to the issuers launching business according to their plans, exploring growth opportunities while properly managing risks," HKMA chief executive Eddie Yue said in an announcement on Friday.
We hope their promotion of regulated stablecoins will address pain points in financial and economic activities, create values for both individuals and businesses, and support the healthy development of digital assets in Hong Kong.”
The HKMA assessed 36 applications and had signaled that the initial round would be limited. Financial Secretary Paul Chan said in his February budget address that only "a small number" would be approved, with the regulator prioritizing risk management, reserve quality, and anti-money-laundering controls.
The decision to license the city's note-issuing banks first appears to be deliberate. HSBC and Standard Chartered are two of only three commercial banks authorized to print Hong Kong dollar banknotes, a system that dates to 1846, when private banks began issuing currency backed by silver deposits in the absence of a colonial central bank.
Today, each note-issuing bank deposits U.S. dollars with the government's Exchange Fund at the fixed rate of HK$7.80 per dollar and receives Certificates of Indebtedness in return, against which it prints banknotes.
Yue drew the parallel in a December 2023 blog post.
Pre-1935 banknotes issued by commercial banks in exchange for deposited silver were a form of "private money," Yue wrote, and stablecoins function as their blockchain-based equivalent — tokens with stable value that can serve as a medium of exchange on-chain.
The licenses come with one of the world's strictest KYC frameworks for digital money.
Under the HKMA's AML guidelines, licensed stablecoins can only be transferred to wallets whose owners have been identity-verified. The travel rule applies to transfers above HK$8,000 (~$1,000).
In practice, this means HKD stablecoins will likely embed compliance checks into their smart contracts, restricting transfers to wallets listed in an on-chain white list. That makes them structurally different from freely transferable tokens like USDT or USDC.
The bank-led stablecoin model also reflects the HKMA’s decision to deprioritize its central bank digital currency for retail use, as an 11-group pilot program completed in October found the retail case was weak.
CBDCs have historically been a big theme at Hong Kong Fintech Week. Last year, there was barely a mention. Instead, stablecoins were the hot topic.
Chartered CEO Bill Winters said at the time Hong Kong’s push into stablecoins and tokenized deposits could “lay the foundation for a new era of digital trade settlement,” positioning them as a new medium for cross-border commerce
Whether the market agrees remains to be seen.
Stablecoins are a roughly $310 billion asset class, and USD-denominated tokens dominate nearly all of it.
Data from CoinGecko shows that the largest stablecoins by market cap are dollar-pegged, with no euro-or yen-pegged tokens breaking into the top ranks
Hong Kong is betting that regulated, bank-issued HKD stablecoins can carve out a role in regional trade settlement, issued by the same institutions, under the same constraints, on new rails
The question is whether a non-dollar stablecoin, however tightly regulated, can build the network effects needed to compete
#MegadropLista
#Notcion
#Binance
#VOTEme
#CryptoPatience

Aproape 9 milioane BTC – în jur de 45-46% din oferta circulantă – sunt în prezent deținute cu pierdere, un prag care a precedat istoric fie o capitulare violentă, fie deschiderea unei feronier de acumulare târzie.
Ultima dată când această metrică a atins niveluri comparabile a fost în ianuarie 2023, în rămășițele colapsului FTX, când a urmat o consolidare prelungită mai degrabă decât o inversare rapidă.
Dacă configurația actuală se rezolvă la fel sau se desprinde diferit este întrebarea la care fiecare trader deținând o poziție BTC trebuie să răspundă chiar acum.

Senatorii Bill Cassidy (R-LA) și Cynthia Lummis (R-WY) au introdus Legea Mined in America pe 30 martie, creând un program federal de certificare pentru operațiunile de minerit Bitcoin interne și codificând ordinul executiv al președintelui Trump privind Rezerva Strategică Bitcoin în lege.
Proiectul de lege vizează o vulnerabilitate structurală pe care industria nu o mai poate ignora: SUA controlează 38% din rata globală de hash Bitcoin, dar obține 97% din hardware-ul său de minerit din China.
Această asimetrie este întreaga teză legislativă. Geografia ratei de hash și dependența de hardware sunt două lucruri diferite – și, în acest moment, sunt îndreptate în direcții opuse.

US spot Bitcoin ETFs pulled in $1.32 billion in March 2026, ending four consecutive months of net outflows and posting their first monthly gain of the year. The reversal signals institutional demand returning to Bitcoin specifically, not to crypto broadly.
That distinction matters. While BTC funds snapped their negative streak, Ethereum ETFs closed March with $46 million in outflows, extending their own losing run to five straight months. XRP funds also ended in negative territory, sharpening a capital rotation thesis that increasingly favors Bitcoin dominance over altcoin exposure.
The prior four months had been brutal. Outflows totaled approximately $6.3 billion between November 2025 and February 2026, $3.5 billion in November alone following Bitcoin’s crash from its $126,000 all-time high on October 10.
December added $1.1 billion in redemptions, January another $1.6 billion, with February contributing $206 million more before sentiment began stabilizing.
Macro conditions drove the pressure. Sticky inflation, a cautious Federal Reserve, and geopolitical risk from the U.S.-Iran conflict kept institutional risk appetite compressed. Bitcoin retraced over 50% from its October peak, closing Q1 2026 at $66,619, down 23.8% from January 1.
ETF investors were sitting on an average cost basis near $84,000 against a market price roughly $18,000 below that.
On-chain data showed wallets categorized as whales accumulated 30,000 BTC – approximately $2.1 billion – through March, absorbing selling pressure and stabilizing price near $65,000 during peak Iran-related volatility.
BlackRock’s IBIT added $98.42 million on March 31 alone, and led a $458 million single-day surge earlier in the month. US spot Bitcoin ETFs added $117.63M as BTC reclaimed $68K at one point during that window, reinforcing the case that institutional demand was quietly rebuilding beneath the noise
That $1.32 billion inflow number sounds strong, but it does not tell the full story, because it still failed to offset the $1.81 billion that left earlier in the quarter, leaving Bitcoin ETFs with a net outflow overall, so calling this a clean recovery is a stretch
What we are really seeing is uneven demand, bursts of buying followed by sharp redemptions, which explains why price still feels stuck instead of trending.
If inflows actually stabilize and turn consistent, especially with macro tension easing, that is when Bitcoin has room to push through $74K and aim higher, helped by April usually being a solid month
Right now though it still looks like a range, with price caught between roughly $67K and $74K while institutions absorb supply but do not push aggressively, and retail participation remains weak in the background.
The risk is that those recent inflows were just short term positioning, because we already saw a sharp weekly outflow at the end of March, and if that kind of selling returns and price loses the lower range, things can open up quickly to the downside.
Nate Geraci, co-founder of the ETF Institute, previously argued that cumulative outflows since the October crash are statistically insignificant relative to the $56 billion in total net inflows the category has attracted since its January 2024 launch. The diamond hands thesis holds – but only if inflows resume with conviction rather than in isolated bursts.
#CZonTBPNInterview
#FedNomineeHearingDelay
#IranClosesHormuzAgain
#IranClosesHormuzAgain
#PolygonFunding

Circle a lansat cirBTC, un token Bitcoin înfășurat susținut 1:1 de rezervele BTC native on-chain, desfășurându-se mai întâi pe rețeaua principală Ethereum și pe propria blockchain Arc.
Mișcarea este directă: Bitcoin deține peste 1,7 trilioane de dolari în capitalizarea de piață, dar generează aproape nicio activitate DeFi, iar Circle se poziționează ca strat de infrastructură care schimbă asta.
Implicarea instituțională este imediată. Cu ETF-urile Bitcoin inversând luni de ieșiri și capital proaspăt curgând în expunerea BTC, cererea pentru produse Bitcoin cu randament este în mod structural în creștere – iar Circle se mișcă pentru a deține acel canal înainte ca un competitor să o facă.

Riot Platforms a vândut 3,778 Bitcoin în T1 2026, obținând 289,5 milioane de dolari - un volum care depășește producția sa de 1,473 BTC pentru aceeași perioadă cu 2,6x.
Compania a încheiat T1 cu 15,680 BTC în contabilitate, în scădere cu 18% față de cele 18,005 monede pe care le deținea la închiderea anului 2025. Această diferență între ceea ce a minat Riot și ceea ce a vândut este numărul care necesită o explicație.
Platforma de inteligență blockchain Arkham a semnalat o ieșire separată de 500 BTC dintr-un portofel atribuit Riot joi, sugerând că vânzarea nu s-a oprit când T1 s-a încheiat.