Shares of digital assets firm Hashkey Holdings were flat in Hong Kong trading today, following the firm’s IPO last week. The Chinese city has steadily embraced digital assets since 2022 as it tries to maintain its status as a global financial center. The crypto firm’s shares ended the day 0.2% lower in a choppy day of trading, with a post-opening surge, followed by a slump for most of the day before recovering right before market close. Hashkey, founded in 2018, operates a Hong Kong-licensed crypto excha ...

Bitcoin treasury company KindlyMD is at risk of being delisted from Nasdaq. According to the exchange’s rule, the company has until June 8, 2026 to regain compliance. To do that, the company’s share price has to close at $1 or more for a minimum of 10 consecutive business days. The company's shares—which trade on Nasdaq under the NAKA ticker—closed at $0.38 on Tuesday. The shares have consistently closed below $1 through October and November, with NAKA falling nearly 99% from its yearly peak price of $34. ...

Core Insights - Exodus Movement, Inc. has partnered with MoonPay to launch a fully reserved, USD-backed stablecoin aimed at enhancing digital dollar experiences within the Exodus ecosystem [1][2] - The stablecoin will facilitate everyday payment experiences through the Exodus app, allowing users to spend, send money, earn rewards, and maintain self-custody without needing extensive cryptocurrency knowledge [2][3] Company Overview - Exodus is a self-custodial digital asset platform that has been operational since 2015, focusing on making digital assets accessible through user-friendly multi-asset crypto wallets [6] - MoonPay, founded in 2019, is a global financial technology company that supports over 30 million customers across 180 countries, providing services that connect traditional payment systems with blockchain technology [8][9] Product Development - The new stablecoin will be integrated into MoonPay's global distribution network, offering users broad access and real-world utility through various functionalities such as buying, selling, swapping, depositing, and checking out [3][4] - The launch of the stablecoin is part of MoonPay's enterprise stablecoin business, which aims to issue and manage fully reserved digital dollars across multiple blockchains [4] Future Plans - Additional details regarding the stablecoin, including supported networks and product integrations, will be disclosed closer to its launch in early 2026, subject to regulatory considerations [5]

It comes as the UK spends significant sums on debt interest. The Chancellor has already borrowed £116.8bn this financial year to plug the gap between tax receipts and public spending.Official data published last week added to the gloom, showing the economy shrank by 0.1pc in October after a similar fall in September and no growth in August.State-employed workers saw their pay rise by 7.6pc last year - almost double the 3.9pc increase in the private sector.Despite rising unemployment, public sector wage grow ...

Core Insights - PancakeSwap has launched "Probable", a new on-chain prediction market on BNB Chain, supported by YZi Labs, aiming to expand its offerings beyond spot trading and liquid staking [1][2] Group 1: Platform Features - Probable will offer zero trading fees at launch to attract early users in a competitive market [2] - The platform will allow speculation on outcomes related to crypto assets, global events, sports, and regional markets, utilizing UMA's Optimistic Oracle for market settlement and result verification [2][3] - It will be a fully on-chain prediction venue, quoted in stablecoins, with settlement managed by UMA to minimize disputes and ensure fast resolution [3] Group 2: Market Positioning - Probable aims to integrate with PancakeSwap's existing interface and user base, tapping into one of the largest DeFi communities on BNB Chain [3] - The introduction of Probable is intended to create new activity sources alongside PancakeSwap's existing products like perpetuals, staking, and launchpad offerings [3] Group 3: Industry Trends - The prediction market sector has seen significant growth in 2025, with over $28 billion in year-to-date volume and weekly peaks exceeding $2.5 billion [5] - Traditional crypto exchanges and large fintechs have entered the prediction market, launching licensed YES/NO-style products and integrated prediction interfaces [6] - Analysts project that on-chain prediction infrastructure could support a broader derivatives market, potentially reaching tens of billions in open interest over the next decade [6]

RedotPay recently announced the successful closing of $107 million Series B fundraise led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, Circle Ventures, and previous investors. The Hong Kong-based fintech firm has raised nearly $200 million in total after raising $40 million in 2023 and another $47 million from investors in an April 2025 funding round that saw RedotPay achieve a $1 billion valuation. Michael Gao, Co-Founder and CEO of RedotPay, said in a Dec. 16 pres ...

Platform Launch - PancakeSwap is launching Probable, a prediction markets platform, exclusively on BNB Chain [1] Market Focus - Probable will offer predictions on crypto movements, global events, sports outcomes, and unique regional markets [1]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Wall Street analyst Tom Lee predicted on Monday a bearish first half for financial markets in 2026, but expects it to “come back in force” eventually. Lee Expects Market To ‘Come Back In Force’ In 2026 Lee, who chairs BitMine Immersion Technologies Inc. (NYSE:BMNR), said that 2026 could mirror 2025, a year marked by an early bear market shifting to a bull run later on. This assessment rang true for equit ...

Core Viewpoint - The Bank of Japan (BOJ) is expected to announce a potential interest rate hike on December 19, which could negatively impact Bitcoin and other risk assets due to historical market reactions to BOJ tightening cycles [1][5][6]. Group 1: BOJ's Interest Rate Decision - The BOJ's upcoming interest rate decision has raised concerns in global markets, particularly regarding the impact on Bitcoin and risk-on assets [1]. - Governor Kazuo Ueda has indicated that further rate increases are possible, leading to speculation among analysts and traders [1][5]. - A December poll indicated that 90% of economists expect the BOJ to raise short-term interest rates from 0.50% to 0.75% [5]. Group 2: Impact of Rate Hikes on Markets - The BOJ's policy decisions have a significant global impact due to the carry trade, where investors borrow Yen at low rates to invest in higher-yielding assets [2]. - When the BOJ raises rates, it can lead to liquidity outflows from various asset classes, including equities, bonds, and digital assets like Bitcoin [2]. - A sequence of events can occur following a carry trade collapse, including rising bond yields, a stronger Yen, increased costs for Yen-based debts, and forced liquidations of risk assets [4]. Group 3: Historical Context and Predictions - Historical data shows that Bitcoin has reacted negatively to previous BOJ tightening cycles, with significant price drops following rate increases [5][6]. - Analysts have drawn parallels to past events, such as the December 2022 meeting when the BOJ's actions caused market disturbances [6]. - Predictions indicate that if the BOJ raises rates again, Bitcoin could experience further declines, similar to past instances where rate hikes led to substantial price drops [6].

Ark Invest, the investment firm of noted tech investor Cathie Wood, added shares of popular crypto-related equities like Coinbase, Circle, and BitMine Immersion Technologies amid falling share prices on Monday. The firm’s largest additions were in Tom Lee’s Ethereum treasury firm BitMine (BMNR) and American crypto exchange Coinbase (COIN). Across three of its actively managed ETFs it added more than 550,000 shares of BMNR valued around $17 million and nearly 65,000 shares of COIN valued at $16.5 million.  ...