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Cryptocurrency market experienced a sharp decline, with Bitcoin falling below $113,000 and Ethereum dropping to $4,210, dragging the global market cap down 1.5% to $3.9 trillion. Several factors fueled this sell-off, raising concerns among investors about the short-term outlook. First, Bitcoin’s retreat from its recent $124,000 peak reflects profit-taking after a strong rally. CryptoQuant analysts suggest this correction, typical of …

AMTD Group, encompassing NYSE-listed AMTD IDEA (AMTD), AMTD Digital (HKD), and The Generation Essentials Group (TGE), unveiled a groundbreaking crypto-for-stock conversion program, enabling investors to swap Bitcoin, Ethereum, Tether (USDT), BNB, and USD Coin (USDC) for newly issued shares. Announced via a press release, this initiative positions AMTD as a bridge between cryptocurrencies and traditional equities on the New York …

Federal Reserve Vice Chair for Supervision Michelle Bowman urged Fed staff to restrict cryptocurrency holdings to “de minimus” amounts, emphasizing the need to avoid conflicts of interest and maintain regulatory impartiality. Speaking at a policy review, Bowman argued that limited crypto ownership could enhance staff understanding of digital assets, but significant holdings risk compromising the Fed’s credibility amid volatile markets …

In 2018, Harvard economist Kenneth Rogoff predicted Bitcoin would plummet to $100, citing its use in illicit activities and expected regulatory crackdowns. Seven years later, with Bitcoin trading above $113,000 after peaking at $124,128, Rogoff admitted his forecast was wildly inaccurate in a recent post on X. His mea culpa, reported by CryptoNews on August 20, 2025, highlights three miscalculations: …

The UK is shaping up as a key hub for cryptocurrency regulation, with the Financial Conduct Authority (FCA) tightening compliance for crypto firms to prioritize consumer protection and transparency. In a recent interview with CryptoNews, Binance’s UK director, Nish Patel, a former FCA crypto asset specialist, shared insights on the evolving regulatory landscape and Binance’s strategic response. Patel emphasized that …