#CryptoWorldMajorEvents: Hong Kong embraces virtual assets, PayPal debuts PYUSD! 🚀💰

Dear friends in the cryptocurrency circle, today I will bring you a wave of hot news in the cryptocurrency industry, covering multiple fields such as regulation, payment, mining and NFT, let's take a look! 😃

This news comes from Golden Finance

Important Information Interpretation 🔍

1. US Bitcoin ETF Fund Flow:

- Yesterday, the US Bitcoin spot ETF had a net outflow of US$54.03 million.

Short-term capital outflows may reflect cautious market sentiment, but we should also pay attention to long-term trends. 🤔

2. PayPal Stablecoin Application:

- PayPal completed its first commercial transaction using its PYUSD stablecoin.

The entry of traditional financial giants into the crypto field will accelerate the popularization of crypto payments. Optimistic about the development prospects of PYUSD! 👍

3. Bitcoin Mining Dynamics:

- Bitcoin mining company Terawulf sold 25% of its shares in its nuclear power mine.

Mining companies are seeking new financing methods, which may indicate that the industry is adjusting its strategy. ⛏️

4. Hong Kong's regulatory attitude:

- Hong Kong Treasury Secretary Paul Hui said he would promote the further integration of virtual assets into the mainstream financial market.

Hong Kong is actively embracing cryptocurrencies and is expected to become Asia's crypto financial center. This is good news for the entire industry! 🌟

5. Web3 game financing:

- Web3 game studio Moonray Studio raised $8.25 million through two rounds of financing.

The Web3 game field continues to attract investment and may become the next outbreak point. Gamers should pay attention! 🎮

6. NFT market dynamics:

- Analysis said that CryptoPunk#1563's "sale" of nearly $56.3 million may be an internal transaction for publicity purposes.

There is still speculation in the NFT market, and investors need to remain vigilant and look at high-priced transactions rationally. 🧐

What do you think of Hong Kong's efforts to promote the integration of virtual assets into the mainstream financial market? What impact will this have on global cryptocurrency regulation? Welcome to share your views in the comment section!

Keep the good habit of liking and commenting on others, be brave to praise and encourage others, and others will give you the same energy in return. ❤️