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Securities and Futures Commission (SFC) Chairman: Intends to Provide Guidance for Digital Asset Custodians and Explore the Issue of Listed Companies Acquiring Bitcoin

4 days ago

On October 30th, the Chairman of the Hong Kong Securities and Futures Commission, Tim Lui Tim-Leung, stated yesterday that currently in Hong Kong, there are no regulations governing listed companies' involvement in cryptocurrency investments. The commission will monitor the market situation and study providing relevant guidance to the market in the future. Tim Lui Tim-Leung further added that currently in Hong Kong, there is no legislation to regulate listed companies' participation in virtual asset treasury arrangements. Regarding listed companies claiming to adopt a Digital Asset Treasury (DAT), Tim Lui Tim-Leung cautioned investors to carefully understand what DAT means and its underlying value proposition. He also mentioned that the commission will study the issue of listed companies purchasing Bitcoin. (Wen Wei Po)
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Bitcoin Drops Below $110,000

On November 3rd, according to HTX market data, Bitcoin fell below $110,000, experiencing a 24-hour decline of 0.23%.

8 hours ago

A whale has shorted about $18.81 million worth of ASTER with 3x leverage, currently facing an unrealized loss of $0.98 million.

On November 2nd, as per the monitoring of HyperInsight, a whale took a short position of 15.3 million ASTER tokens with a leverage of 3x, which was worth approximately $18.81 million. The opening price was $1.162, the liquidation price was $2.11, and the current unrealized loss amounts to $980,000.

8 hours ago

「Shorting 42.966 Million ASTER」 Whale Turns Loss into Profit, Currently Sitting on $1.2 Million Unrealized Gain

November 2nd. Based on HyperInsight's monitoring, a whale took a short position of 42.966 million ASTER with a 3x leverage, which was approximately worth $51.3 million. This transformed from an unrealized loss of $1.1 million to a current profit of $1.2 million. Their entry price was $1.208, and the liquidation price was $2.0858. The whale began shorting 18.55 million ASTER four days ago. Today, after CZ's "callout," they added a short position of 24.41 million ASTER. Additionally, they are short on DOGE/ETH/XRP/PEPE and hold a total unrealized profit of $7.86 million. They also placed a limit sell order worth $24.51 million within the price range of "$1.3488 - $1.3947."

8 hours ago

A whale has shorted ASTER with 3x leverage, totaling approximately $52.94 million in value

On November 2nd, as monitored by HyperInsight, a whale took a short position on 42.966 million ASTER tokens with a 3x leverage, which was approximately worth $52.94 million. The entry price was $1.208, the liquidation price was $1.8085, and the current unrealized loss is $1.1 million.

8 hours ago

CZ Responds to "ASTER's Short-Term Surge": Was Planning to Buy More at a Lower Price

November 2nd. The founder of Binance, CZ, responded to the "sudden surge of ASTER" on social media by stating, "I was actually planning to buy more when it dipped." Furthermore, CZ mentioned that he purchased ASTER at the market price, which was approximately $0.9. According to HTX market data, ASTER witnessed a sudden increase of more than 28% and reached $1.19. Earlier, CZ said, "I just used my own funds on Binance to buy some ASTER. I'm not a trader; I bought and hold." His account holds 2,090,598.14 ASTER tokens, with a transaction price of $0.913 per token.

8 hours ago

CZ Reveals His Binance Account Holds 2,090,598.14 ASTER

On November 2nd, CZ disclosed on social media that his account holds 2,090,598.14 ASTER tokens, and the trading price shown is $0.913. Previously, it was reported that CZ said, "I just bought some ASTER with my own money on Binance today. I'm not a trader. I buy and hold."

8 hours ago