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The Securities and Futures Commission (SFC) of Hong Kong suggested on February 20 that a licensing system be established for cryptocurrency exchanges, and in the near future, it will permit ordinary individuals to trade major cryptocurrencies such as Bitcoin and Ethereum. This article discusses the leading Chinese Coins and explains why they are likely to experience a significant increase in value soon.  Super unique NFT collection #TokenPunkies Hong Kong’s Green Signal to Crypto Trading According to the statement, every centralized cryptocurrency exchange that operates in Hong Kong is required to obtain a license from the regulatory authority. Interestingly, it appears that the United States is not the sole global financial powerhouse capable of causing market turbulence.   As mentioned previously, the People's Bank of China, the country's central bank, infused $92 billion USD into the market on Friday, surpassing the ongoing quantitative easing measures of the US Fede

The following five NFT tokens are expected to increase in value in the near future, making them an attractive prospect for investors. Non-Fungible Tokens (NFTs) are unique digital assets that are stored on a blockchain, which makes them impossible to replicate. As a result, they have disrupted the traditional collector market by providing a legitimate way to verify authenticity. Recent data indicates that the monthly trading volumes for NFTs reached an eight-month high of over $1 billion on January 23rd, with the cumulative trading volume trending upwards. WATCHOUT NFT COLLECTION Despite the frequent mention of NFTs, the industry is still relatively new. While many of the top NFT tokens may be worth adding to a cryptocurrency watchlist, it's important to note that there are various non-collectible applications for NFTs. APECOIN 1-The digital currency ApeCoin (APE) is intended to assist in the establishment of a decentralized web3 using the Ethereum blockchain. It is based on the po

 The crypto community is eagerly anticipating Blur's Season 2 Airdrop, which will conclude in April, following the huge success of their initial airdrop. UIQUE AND RARE COLLECTION OF NFTs CLICK AND SEE BLUR'S UPCOMING SEASON 2 AIRDROP Blur, the latest NFT marketplace, recently conducted an airdrop valued at approximately $1,500. Since the airdrop, the BLUR tokens have accumulated a trade volume of over $500 million in the past few days, as widely publicized. Nonetheless, the team behind Blur has revealed that they will hold a second season of the airdrop, where both listing and bidding points will be boosted by 100% until April 1st, 2023 Following the huge success of the first airdrop, Blur is launching a second airdrop season to encourage more users to engage with the new NFT platform. Airdrops are often used by cryptocurrency projects as a promotional tool, where they give away free tokens or coins to a broad audience. The BLUR team expressed their outlook on the impending ai

The lead developer of Shiba Inu, Shytoshi Kusama, announced in a recent blog post that the beta version of Shibarium will be made available after he publishes another post regarding the development of the layer-2 network. Although Kusama did not give a specific release date, he did provide more information about the timeline of the beta version and the obstacles that need to be overcome. Top Notch NFTs Collection and Creation (TokenPunkies Click) Kusama's latest blog post is a continuation of his series of Medium posts that aim to introduce Shibarium to the public. In the second installment, titled "Shibarium Blog: 2022 The Year of Learning," Kusama discusses the challenges that the project has faced in the past year. This update provides readers with a deeper understanding of the development process and the progress that has been made. In his recent blog post, Kusama highlighted the challenges he faced while working on the project, including opposition from different par

According to statistics that were recorded on February 18th, 2023, sales of non-fungible token (NFT) assets in the past seven days have increased by 43.97% compared to the previous week. The total amount of NFT sales for this week was $397.86 million, and there were approximately 345,716 NFT buyers and roughly 1.62 million transactions. NFT sales have continued to rise in 2023, with the past week seeing a significant surge. According to data from cryptoslam.io, NFT sales for the week were $397.86 million, representing a 43% increase from the previous week. The number of buyers has also grown by more than 77%, with a total of 345,716 NFT buyers. NFTSeller Collection Unique, Rare, Appealing Click to Visit NFT Sales Continue to Rise in 2023, Ethereum Dominates NFT Sales with 90% Market Share In terms of NFT sales on specific blockchains, Ethereum has dominated the market, accounting for more than 90% of the total sales with $360.32 million. This indicates that Ethereum is the blockchain o

 So far, users have tested the beta release of the creator contract and have deployed 84 contracts and minted 250 NFTs. TOKENPUNKIES NFT According to a Twitter post on February 16, eBay's NFT marketplace, KnownOrigin, is launching a new creator smart contract for its artists. The smart contract will allow artists to earn royalties as co-creators and to split earnings. The Creator Contract beta release has been tested by users, with 84 contracts deployed and 250 NFTs minted so far. Starting from February 24, all approved creators on KnownOrigin will be able to deploy and mint their work on their own contract for public release without requiring coding knowledge. Last June, eBay acquired KnownOrigin for an undisclosed sum. The platform is based on Ethereum and seeks to empower creators and collectors by allowing them to showcase, sell, and collect unique, authenticated digital items, according to co-founder David Moore. Although eBay has allowed NFT listings on its direct marketplace

  Wall Street trader Martin S. (Buzzy) Schwartz, in his book "Pit Bull," explains the first law of physics, which states that an object in motion will continue to move until it is affected by an external force. In this case, Bitcoin has experienced a nearly 50% rally in the first seven weeks of 2023, reaching a six-month high of $24,900. The rally has been supported by external forces, such as positive sentiment in traditional markets. Despite the Federal Reserve's concerns and the resulting increase in Treasury yields, the crypto market and Wall Street's tech-heavy Nasdaq index have remained resilient.   According to one chart analyst, Bitcoin is expected to continue its upward trend, potentially doubling in value in the coming months. William Noble, the director of research at Emerging Assets Group and former analyst at Goldman Sachs and Morgan Stanley, believes that Bitcoin is breaking out from a long basing formation. There is a common saying that the larger t

This Tuesday morning, there is positive news for the people of the United States who have been burdened by high costs. The Consumer Price Index (CPI), which tracks changes in consumer prices for various goods and services, has shown a significant decrease in inflation for December, bringing it to the lowest point in almost a year. The latest CPI figure of 6.4% supports the idea of lowering inflation, which can cause volatile assets like Bitcoin to increase in price; currently trading at $21,633.   US CPI REPORTS 6.4% INFLATION The Core CPI, which excludes prices of volatile goods like food and gasoline, rose by 0.4% from the previous month and increased by 5.6% from a year ago, slightly exceeding market expectations. In September, it reached the highest level since August 1982 at 6.5%. The Bureau of Labor Statistics' closely watched index showed that underlying consumer prices had increased the least in the past 15 months, making it possible for the Federal Reserve to reduce in

The cryptocurrency market is constantly changing. It all began with Bitcoin and has now expanded to include a wide range of digital tokens. One area of growing interest in the crypto community is AI-based cryptocurrencies.     The combination of blockchain and artificial intelligence (AI) has given rise to AI-based cryptocurrencies. This integration has allowed the crypto community to take advantage of both technologies. All of these new crypto tokens have incorporated AI features in one form or another.     Typically, AI cryptocurrencies are used for transactions within their native blockchain network. However, over time, people have come to recognize the potential of AI crypto to create a dynamic environment while also automating and speeding up transactions.     With the massive amount of data present in the world, it is challenging for individuals to sift through it all. Artificial Intelligence (AI) can simplify this task by filtering out irrelevant information and prov

  An analyst claims that the sentiment surrounding cryptocurrency is extremely excited, despite Bitcoin being priced below $22,000. However, they also assert that there have not been any significant trend lines broken yet.   Over the weekend, the price of Bitcoin (BTC) tickers decreased and approached $22,000. Despite this, traders and analysts have advised against having excessively negative sentiment, and instead suggested caution.   Analyst dismisses "hysterical" crypto sentiment According to data from Cointelegraph Markets Pro and TradingView, the BTC/USD saw small increases on February 12th.   : Bitcoin had hit three-week lows in the previous week, but it became a target for whales looking to take advantage of the situation, as explained by on-chain analytics resource Material Indicators.     Material Indicators provided a chart from the BTC/USD order book on Binance, which showed the resistance moving higher. This could lead to a potential increase in th

The recent rise in the number of Bitcoin wallets holding a non-zero balance of the cryptocurrency has reached a new record high. This suggests that despite the bear market in 2022 and a challenging global economic outlook for 2023, the adoption of the world's first and largest cryptocurrency by market capitalization is still increasing. Data presented by crypto analytics firm Glassnode showed that on January 8th, 2023, the number of Bitcoin addresses with a non-zero balance rose above 43.8 million for the first time, surpassing the previous record high of 43.76 million which was reached in mid-November 2022. Source: Galssnode Bitcoin New Addresses The growth in the number of Bitcoin wallets with a non-zero balance is a positive sign for the cryptocurrency. It indicates that more and more people are acquiring and holding Bitcoin, leading to an increase in the overall adoption of the digital currency. Despite the challenges that the cryptocurrency market faced in 2022, the steady g