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HK Asia Shares Skyrocket 93% After Buying Just 1 Bitcoin

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HK Asia Shares Skyrocket 93% After Buying Just 1 Bitcoin On February 17, shares of Hong Kong-based investment firm HK Asia Holdings Limited almost doubled in value following the company's announcement that it had bought one Bitcoin (BTC). One Bitcoin Causes a Market Frenzy A filing dated February 16 states that HK Asia used internal funds to purchase 1 BTC on February 13 for about $96,150. According to Google Finance statistics, the company's shares rose 93% on the Hong Kong Stock Excha... cryptonews today

Upcoming economic events 19 February 2025

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Upcoming economic events 19 February 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsWage Price Index (QoQ) (Q4)0.8%0.8%01:003 pointsRBNZ Interest Rate Decision3.75%4.25%01:002 pointsRBNZ Monetary Policy Statement--------------------01:002 pointsRBNZ Rate Statement--------------------02:003 pointsU.S. President Trump Speaks--------------------02:002 pointsRBNZ Press Conference--------------------08:002 pointsEuropean Central Bank Non-monetary Policy Meeting-------... cryptocurrency news Coinatory

Ethereum Leads in Gas Fees Despite 4-Year Low in Transaction Costs

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Ethereum Leads in Gas Fees Despite 4-Year Low in Transaction Costs Despite a sharp drop in on-chain activity and the lowest transaction costs in over four years, Ethereum still leads the market in overall gas fees, especially in the decentralized finance (DeFi) space. Data from analytics platform Growthepie shows that, with the exception of social apps, Ethereum's Layer 1 blockchain continues to lead in the amount of gas fees ever generated across a variety of industries, including gaming, banking, and non-f... cryptocurrency news today

Elon Musk’s DOGE Takes Aim at SEC in Cost-Cutting Sweep

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Elon Musk’s DOGE Takes Aim at SEC in Cost-Cutting Sweep The U.S. Securities and Exchange Commission (SEC) is purportedly the target of the U.S. Department of Government Efficiency (DOGE), led by Elon Musk, as part of a larger effort to cut down on government waste. Politico reported on February 17 that Musk's DOGE plan is anticipated to reach the SEC in the next few days. “They are at the gates,” said a person with knowledge of the situation. In an effort to reach more government entit... cryptocurrency news today

Unichain Airdrop Guide: Bridge ETH, Deploy Contracts, Register a Domain

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Unichain Airdrop Guide: Bridge ETH, Deploy Contracts, Register a Domain Unichain is transforming DeFi with the fastest and most cost-effective Layer 2 network for cross-chain liquidity. Designed to unify fragmented blockchain ecosystems, it provides a seamless and efficient marketplace for traders, developers, and liquidity providers. Recently, we participated in the testnet, and now the project has officially launched on the mainnet. In our Unichain guide, we’ve outlined the key actions to help you engage w... cryptocurrency news Coinatory

Binance Co-Founder CZ Denies Crypto Exchange Sale Rumors

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Binance Co-Founder CZ Denies Crypto Exchange Sale Rumors Changpeng Zhao (CZ), a co-founder of Binance, has refuted rumors that the cryptocurrency exchange is up for sale, calling them false information from a rival. Zhao refuted the allegations on February 17 on X (previously Twitter), writing: "Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale." Binance is not for sale as a shareholder. Yi He, the Chief Customer Service Officer and co-founder of Binance, echoed h... cryptonews

Tether Partners with Guinea to Expand Blockchain Adoption

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Tether Partners with Guinea to Expand Blockchain Adoption As part of its ongoing global drive for digital transformation, Tether has announced a strategic agreement with the Republic of Guinea's government to increase access to blockchain and peer-to-peer (P2P) technology. Tether verified the signing of a memorandum of understanding (MoU) with the government of Guinea in a statement issued on February 17. The agreement aims to boost the nation's digital transformation efforts and promote economic gr... crypto news

Upcoming economic events 18 February 2025

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Upcoming economic events 18 February 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious03:303 pointsRBA Interest Rate Decision (Feb)4.10%4.35%03:302 pointsRBA Monetary Policy Statement--------------------03:302 pointsRBA Rate Statement--------------------10:002 pointsEurogroup Meetings--------------------10:002 pointsZEW Economic Sentiment (Feb)24.318.013:302 pointsNY Empire State Manufacturing Index (Feb)-1.10-12.6015:202 pointsFOMC Member Daly Speaks  --------------------18:00... Coinatory