Crypto News
HKMA Issues Warning on Fraudulent Alipay Financial Services Websites
The Hong Kong Monetary Authority alerts the public about fraudulent websites impersonating Alipay Financial Services, urging caution and immediate reporting. (Read More)Source link
South Africa Moves to Regulate Cross-Border Crypto Flows
Instead of creating a broad exemption framework for cryptocurrency exchanges, the South African central bank plans to release a new framework later this year focused on cross-border crypto asset transfers. Key Details of Proposed Framework South Africa is taking significant steps towards regulating cryptocurrency transactions, as highlighted by Finance Minister Enoch Godongwana’s recent statements. RatherSource link
Hong Kong’s SFC Orders Tighter Crypto Custody Standards Following Global Breaches
The regulator is setting minimum custody standards for licensed virtual asset trading platforms, citing rising overseas security incidents.Source link
PEPE Price Prediction: Targeting $0.0000114 Breakout Within 2 Weeks
PEPE price prediction shows potential 300%+ upside to $0.0000114 target as technical indicators signal bullish momentum despite recent 7.45% decline. (Read More)Source link
Altcoin Season Could Begin in September as Bitcoin’s Grip on Crypto Market Weakens: Coinbase Institutional
Altcoin season may be weeks away, according to Coinbase Institutional’s latest monthly outlook, which forecasts a shift in market leadership from bitcoin to alternative cryptocurrencies beginning in September.Altcoin season refers to a market phase when cryptocurrencies other than bitcoin — often led by Ethereum's ETH, Solana's SOL, and other large-cap tokens — post significantly higher percentage gains than BTC over a sustained period.The Aug. 14 report, authored by David Duong, Coinbase’s global head of research, identifies three main drivers: falling bitcoin market dominance, improving liquidity and growing investor willingness to rotate into higher-beta assets. Duong frames this as a cyclical transition, with capital moving down the risk curve as market confidence builds.Bitcoin dominance — its share of total crypto market...