Ethereum

Hong Kong now accepts Bitcoin and Ethereum as proof of asset

February 10, 2025 1 min read

Hong Kong has taken a significant step by officially recognizing Bitcoin and Ethereum as valid proof of assets for investment immigration applications. This change signals the region’s growing acceptance of digital finance. Reports indicate that at least two applicants have successfully used their crypto holdings to meet the HK$30 million (approximately $3.8 million) requirement for investment immigration. This development shows Hong Kong’s increasing openness to cryptocurrencies within its financial and

FX Guys on Track for $2—On-Chain Metrics Reveal a Bullish Future

February 10, 2025 4 mins read

FXGuys, a leading name in decentralized finance (DeFi), is gaining momentum as one of the top PropFi projects. With its $FXG token currently priced at $0.04 during Stage 2 of its presale, FXGuys has raised over $3.7 million. On-chain metrics and the project’s innovative ecosystem hint at a bullish future, potentially driving the $FXG token to $2. >>>JOIN FXGUYS HERE<<< Key On-Chain Indicators: Why $2 Could Be Within Reach On-chain

Ethereum Foundation moves 50,000 ETH

February 9, 2025 1 min read

Ethereum (ETH) is currently priced at $2,666.49, showing a slight increase of 1.91% over the last day. Its market capitalization has reached $321.4 billion, also up by 1.92%. However, the trading volume has significantly dropped by 48.83%, now at $15.15 billion, indicating less trading activity. Recently, the Ethereum Foundation moved 50,000 ETH, valued at $131.66 million, to a multi-signature wallet for DeFi (Decentralized Finance) activities. This action aligns with community

Hong Kong accepts Ethereum for a HKD 30M investment immigration

February 8, 2025 2 mins read

Invest Hong Kong has made a significant move by approving its first investment immigration application using Ethereum (ETH) as proof of assets, valued at HKD 30 million. This decision, confirmed by Certified Public Accountant Clement Siu, marks a pivotal moment in Hong Kong’s efforts to establish itself as a global hub for cryptocurrency. This approval follows the earlier acceptance of Spot Bitcoin and Ethereum ETFs on April 15, 2024. It

The US SEC delays decision on the BlackRock iShares Ethereum ETF Options

February 8, 2025 1 min read

The number of crypto ETF filings is rising globally. The SEC is processing some of these filings but delaying others for various reasons. Recently, they extended the deadline for a decision on the iShares Ethereum ETF Options to April 9. iShares is a financial services firm under BlackRock that offers ETFs. The reason for the delay in the decision is unclear. The SEC stated that they need more time to

Deribit exchange bans Russian users due to new EU sanctions

February 8, 2025 1 min read

Deribit, a cryptocurrency exchange based in Dubai and owned by a Dutch company, has announced a ban on Russian users due to new EU sanctions. Russian traders are a significant part of Deribit’s user base, being the second-largest group on the platform. However, other exchanges still dominate the Russian crypto market. This decision aligns with EU regulations but may have a more significant impact on Deribit than on Russia’s crypto

ChainGPT Pad Integrates with BeraChain to Transform Web3 with Proof-of-Liquidity

February 8, 2025 3 mins read

ChainGPT Pad, a key component of the ChainGPT ecosystem and the leading AI-powered Web3 launchpad, has announced its integration with BeraChain, a high-performance EVM-Identical Layer 1 blockchain leveraging Proof-of-Liquidity (PoL) to drive deep liquidity and efficiency. This strategic move makes ChainGPT Pad the first launchpad to support BeraChain, opening up exclusive investment opportunities for its community. BeraChain’s PoL consensus mechanism is designed to enhance blockchain infrastructure, offering enhanced scalability, security, and composability.

Donald Trump’s company TMTG plans to launch the Bitcoin Plus ETF

February 7, 2025 2 mins read

Eric Balchunas, a Bloomberg analyst, recently reported that Donald Trump is set to introduce the Bitcoin Plus ETF. This marks a historic moment as Trump would be the first U.S. president linked to an ETF launch. While Trump won’t directly issue the fund, his company, Trump Media and Technology Group Corp. (TMTG), is spearheading the initiative. TMTG is expanding into financial services and has announced a range of investment products,

Smart Crypto Investors Rush to Web3Bay Leaving Ethereum & XRP’s Bullish Outlook Behind!

February 7, 2025 4 mins read

Why are Ethereum and XRP getting so much attention? Ethereum (ETH) continues to show strong growth, with experts predicting a positive price forecast. Many in the crypto space remain hopeful about its potential. At the same time, XRP stays a key point of discussion, often leading conversations about regulations and market activity. Web3Bay is now part of this mix, combining the security of blockchain with the possibilities of online shopping.

GraFun Goes Multichain: Expanding to Conflux and Unlocking the Eastern Crypto Markets

February 6, 2025 3 mins read

GraFun, the leading memecoin launchpad, is taking another major step in its multichain expansion — partnering with Conflux, a high-performance Layer-1 blockchain with a unique consensus, enabling fast, low-cost transactions. This collaboration marks the beginning of a new era for memecoins, bringing scalable, low-cost, and interoperable solutions to the thriving Conflux ecosystem. Why Conflux? A Blockchain Built for Seamless Growth GraFun’s expansion strategy is all about unlocking new opportunities for

Bybit CEO Ben Zhou warns crypto liquidations may have hit $10 billion after US tariffs

February 5, 2025 2 mins read

Ben Zhou, the CEO of Bybit, has raised concerns about the state of the crypto market. He estimates that liquidations could reach between $8-10 billion, which is much higher than the reported figures. Zhou explained that major exchanges, including Bybit, limit the liquidation data shared publicly. This means that actual losses are likely much worse than they seem. He compared the current situation to the 2022 collapse of FTX, where

Email Airdrops: How EtherMail is Improving Airdrop Claim Rates for Web3 Projects

February 5, 2025 5 mins read

EtherMail, the leading email platform bridging the gap between Web2 and Web3 for users and companies, has announced the launch of Email Airdrops, a first-of-its-kind, no-code solution designed to streamline token and NFT distribution while fostering seamless community communication. With Email Airdrops, EtherMail is transforming how Web3 projects engage with their communities, eliminating the technical hurdles traditionally associated with airdrop campaigns, and enabling businesses to deliver tokens or NFTs directly to