China’s Strategy to Cripple the Dollar: Wise Investments Are Focusing on Hong Kong
The recent crypto prohibition from China has introduced yet another appealing aspect to the Asian markets. China is orchestrating a price drop for the opportunity to make purchases. At 99B, our hypothesis suggests that China enforces a ban on BTC ▼-0.28% when prices
Remitly Is Incorporating Stablecoins Into Key Business Sectors To Enhance Cross-Border Transactions
The digital financial services firm, Remitly, headquartered in the US, is incorporating stablecoins into its international payment platform, indicating a significant shift from its former approach to global money transfers. Operating in 170 countries, Remitly mainly caters to immigrants and workers abroad who
New White House Directive May Penalize Banks For Discrimination Towards Crypto Companies
The White House is working on an executive order that could impose fines and penalties on banks that close customer accounts for political motives. The preliminary order may be signed as soon as this week. This executive order will serve as a definitive
![[LIVE] Crypto Update August 5 – What Cryptocurrency to Invest in Today for Sustainable Profits? Bitcoin and ETH Accumulation Rises Amid DEX Slowdown](https://i0.wp.com/99bitcoins.com/wp-content/uploads/2025/04/Fatima99btc.jpg?ssl=1 "[LIVE] Crypto Update August 5 – What Cryptocurrency to Invest in Today for Sustainable Profits? Bitcoin and ETH Accumulation Rises Amid DEX Slowdown")
[LIVE] Crypto Update August 5 – What Cryptocurrency to Invest in Today for Sustainable Profits? Bitcoin and ETH Accumulation Rises Amid DEX Slowdown
Monday offered some respite for the market following a weekend that resulted in the liquidation of hundreds of millions in long positions. However, behind the scenes, discerning investors are steadily accumulating specific assets. So, which cryptocurrency should you consider purchasing today for long-term
CFTC and SEC Kick Off Crypto Sprint to Revamp U.S. Regulations
A new era of cryptocurrency regulation officially commenced on August 1, as the Commodity Futures Trading Commission initiated what it’s calling a “crypto sprint.” Acting Chair Caroline Pham stated that the CFTC is collaborating with the SEC, under the leadership of newly appointed
Optimistic Targets $4.2B Valuation With Recent U.S. IPO Application
Uptrend, the crypto asset exchange backed by Peter Thiel, has made headlines again with a fresh IPO filing. This time, the firm is targeting a valuation of up to $4.23 billion as it prepares to go public in the U.S.This is a significant
South Korean Banks Sprint To Introduce Crypto Services Ahead Of Regulatory Adjustments
The crypto season in South Korea has officially kicked off! Some of the country's biggest banks are preparing to introduce their services related to crypto and stablecoins as the regulatory change date approaches. A local media piece released on 3 August 2025 reveals
Hong Kong Stablecoin Licensing Framework Becomes Operational
As of August 1, the licensing framework for stablecoins in Hong Kong has officially launched. This represents the inaugural instance in which the city has established a regulatory framework aimed specifically at fiat-collateralized digital tokens. Consequently, the Hong Kong Monetary Authority (HKMA) will
Coinbase Stock Falls After Q2 Outcomes: Firm Contests FDIC’s Move To Throw Out Lawsuit
On 31 July 2025, Coinbase published its financial results, showcasing both profits and significant losses. The US-based cryptocurrency trading platform reported a net income of $1.43 billion for Q2 2025, an increase from $36.13 million in the same quarter of the previous year.
JPMorgan Chase Collaborates with Coinbase to Introduce Crypto asset to Millions
JPMorgan Chase and Coinbase have unveiled a significant agreement that aims to enhance crypto accessibility for countless U.S. consumers. Announced yesterday, this collaboration features a gradual launch beginning this fall, with direct credit card funding to Coinbase as the initial step. In 2026,
