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High recent on-chain activity has registered at least three smart trade rs taking profit s from the popular meme coin PEPE. These crypto currency whales have made millions of dollars in trade s as retail jumps in with ‘Fear of Missing Out’ (FOMO). Finbold gathered this data from four different Lookonchain reports posted on X on May 22, suggesting a reversal could happen. PEPE smart traders’ whale activity First, an early buyer deposited all their 182.9 billion PEPE holdings, worth $2.53 million, into a Binance account. This was the remaining amount of a $462 initial purchase of 324.9 billion PEPE last year. In total, this smart trade rendered over $3.4 million in profits. Picks for you Is China’s Bitcoin mining ban the worst decision this century? 37 mins ago ...

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Litecoin (LTC) is firm as the crypto community awaits the Securities and Exchange Commission (SEC) to approve the first Bitcoin ETF. While all eyes are on this development, Pullix (PLX), a crypto project, has sold over 2.2 million tokens in stage 2 of its presale.  Litecoin price analysis Litecoin has been rallying since the start of December, rising from $69 on Dec.1 to $72 on Dec. 13.  At the same time, it processed – 3 million transactions in one week.  The Litecoin Network just completed over 3 million transactions in less than a week. pic.twitter.com/FhQBGIe4vI — Litecoin (@litecoin) December 12, 2023 This growth can be attributed to the hype surrounding the potential approval of a Bitcoin ETF.  You might also like: Litecoin celebrates milestones amid declining prices Based on historical prices,...

On August 3, the HashKey and OSL trading platforms announced that the No.1 and No.7 licenses were officially upgraded to become licensed trading platforms for retail users in Hong Kong. The HashKey trading platform will also cooperate with Standard Chartered Bank and Morgan Stanley Asia ZA BANK to provide users with fiat currency deposit and withdrawal services. In addition, the platform also opens compliant OTC transactions. After the opening of retail trading, what are the highlights in the coming year. 1. Possible Tokens for Retail Trading According to new regulations issued by Hong Kong in March, licensed platform operators wishing to provide virtual assets to retail customers must ensure that the selected virtual assets are qualified major virtual assets and meet the following specific token inclusion criteria: “Qualified major virtual assets” refer to virtual assets included in at least two “accepted indices” launched by at least two independent index providers; licensed platfor...

New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling. On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that last week’s ruling makes it clear that the U.S. Securities and Exchange Commission’s (SEC) theory that a token can be an investment contract and, therefore, a security, no longer has support in the law. He said of the ruling: “That is not only a huge win for Ripple, but it’s a win for all of crypto in the United States. The SEC can no longer tout their record in crypto, which was, up till now, by and large, settlements with players that didn’t have the resources to fight back.” While this may be, New York Representative Ritchie Torres told Cointelegraph that the Ripple...

Hong Kong has consistently been making it to the crypto news headlines lately. A couple of weeks back, it opened doors to its very first BTC exchange-traded funds [ETF]. Two ETFs tracking US listed crypto futures veered into Hong Kong. They’re reportedly managed by CSOP Asset Management. Additionally, in the beginning of this week, Financial Secretary Paul Chan said that Hong Kong will be a great place for crypto and fin-tech startups to operate from. He also asserted that the region remains committed to becoming a crypto hub.  Retail Trading Under Regulator’s Radar Another key development unravelled on Wednesday. According to the same, crypto tokens will reportedly be shortlisted by the securities watchdog for retail trading. Furthermore, the Securities and Futures Commission [ SFC ] will seek public views on certain regulatory aspects pertaining to Retail Trading . Julia Leung, Chief Executive Officer of the Securities and Futures Commission clarified that the...