Crypto News

Hong Kong Monetary Authority reports a 9.7% increase in mortgage applications for November 2024, with loans approved reaching HK$24.2 billion. (Read More)Source link

Slinky, a blockchain project that uses ZK compression, has launched an airdrop to distribute 10% of its total supply to 27.7 million wallets on Solana. The project utilizes ZK-compressed token accounts, a storage mechanism that allows launching a massive airdrop and keeps costs low. Slinky explained that by employing traditional methods, such an operation wouldSource link

Bearish trading in bitcoin (BTC) markets continued late Monday as the asset briefly fell under $92,000 on profit-taking despite another mammoth MicroStrategy purchase, recovering to just over $92,800 as of Asian morning hours Tuesday.Some traders expect the current price action to likely continue until February, weeks after president-elect Donald Trump takes office in the U.S. and sets into motion a barrage of policies that may help the market."We are skeptical of any New Year fireworks especially with funding healthy," traders at Singapore-based QCP Capital said in a Telegram broadcast. "January's average returns (+3.3%) are relatively similar to December's (+4.8%), and we could expect spot to remain in this range in the near-term before things start to pick from Feb onwards.""Options...

According to the Hyper Foundation, the organization associated with the Hyperliquid ecosystem, users can now stake HYPE on the network. The foundation detailed that users can stake HYPE to a trusted validator and earn staking rewards in HYPE. Hyperliquid’s HYPE Staking Debuts Amid Rapid Growth Over the last few weeks, Hyperliquid, the decentralized perpetuals exchangeSource link

Jordan’s Council of Ministers has approved the Jordanian Blockchain Technology Policy for 2025, aiming to enhance government services, transparency, and digital security. Key objectives of the policy include improving confidence in government performance and achieve complete security and privacy for citizens’ data. It also aims to reduce time and costs associated with government transactions asSource link