Huobi HK has withdrawn its license application as a virtual asset trading platform in Hong Kong, according to the regulator’s website.
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.
Go to Source Author: Omkar Godbole
Terra co-founder Do Kwon will likely miss the start of the SEC trial on fraud charges amidst the delay in his extradition, Reuters reported.
Hong Kong’s securities regulators says HBGL Hong Kong Limited withdrew its application for a license on February 23.
Bitcoin price surged over 10% to hit a high of $56,740 at one stage on Tuesday morning Asia time, the highest value since November 2021.
The spot ETFs posted record volumes on Monday as bitcoin gained 6% during U.S. trading hours.
Spot bitcoin ETFs have continued to set new milestones in trading volume since they first went on the market last month.
Go to Source Author: Reza Akhlaghi
Go to Source Author: Tori Samples
