Opinion: Why Bitcoin and Ethereum are not successful in Hong | WuBlockchain on Binance Square

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Opinion: Why Bitcoin and Ethereum are not successful in Hong Kong. What else can we expect in the future? Will Hong Kong be the first to launch staking functionality for the Solana ETF and Ethereum ETF?
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As the Grayscale Sui Trust opened up to accredited investors, SUI’s daily trading volume surged past $800 million. On-chain activity has also shown strength, with TVL reaching $1.15 billion — a 377% increase year-to-date and a 47% rise month-to-date. The DeFi protocols driving this growth include: Navi Protocol (TVL: $439M, MTD growth: 54.67%) Scallop (TVL: $233M, MTD growth: 30.69%) SuiLend (TVL: $198M, MTD growth: 89.27%) .

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China's central bank on Tuesday unveiled its biggest stimulus since the pandemic. Chinese stocks and bonds rallied and Asian stocks hit 2-1/2 year highs as Governor Pan Gongsheng announced plans to lower borrowing costs and inject more funds into the economy, as well as to ease households' mortgage repayment burden. The yuan currency jumped to a 16-month high against the dollar.

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Cryptocurrency exchange Kraken announced the completion of its acquisition of Dutch cryptocurrency broker Coin Meester B.V. (BCM). Kraken currently offers VASP services directly or through partnerships in Germany, Spain, Italy, the Netherlands, Belgium, Ireland, France, and Poland.

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Bybit said it launched the World's first Crypto Islamic account. Shariah-Compliant and Initial offerings include spot trading (limited to 75 Shariah-compliant tokens), DCA trading bot, and Spot Grid Bot. Bybit has consulted ZICO Shariah, a licensed Shariah advisory and consulting firm based in Kuala Lumpur, Malaysia.

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On September 23, the total net inflow of Bitcoin spot ETFs was $4.5559 million. Grayscale ETF GBTC outflowed $40.3344 million, Fidelity ETF FBTC inflowed $24.9280 million, and BlackRock ETF IBIT inflowed $11.5419 million. https://sosovalue.com/assets/etf

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