LDO surges as SharpLink seeks to stake $200m in ETH via Lido

Key  takeaways SharpLink Gaming plans to stake $200 million worth of Ethereum through Lido. The allocation will be converted into wrapped staked ETH and held with Anchorage Digital. wstETH enables SharpLink to earn staking rewards while retaining access to DeFi liquidity. SharpLink Gaming (SBET) plans to allocate $200 million worth of Ethereum to Lido as […]

First Hong Kong Stablecoin Is Live But Retail Cannot Touch It Yet

Hong Kong’s first regulated Hong Kong dollar stablecoin went live on Wednesday. Almost nobody is allowed to hold it. Anchorpoint Financial opened HKDAP to institutions, corporate clients and professional investors on Aug. 12. Retail buyers are not part of this phase. Two Licences, 36 Applicants The Hong Kong Monetary Authority (HKMA) took 36 applications before […]

Michael Saylor Details Digital Assets’ Competitive Landscape

Michael Saylor’s recent tweet provides a comparative analysis of how digital assets are competing across four key markets. He emphasizes Bitcoin as a competitor for wealth against traditional assets like stocks and real estate. This tweet, generating considerable engagement, highlights the growing relevance of digital currencies in today’s financial landscape. For more details, check his […]

Bitcoin holds $62,300 support as BTC attempts short-term recovery

Key takeaways Bitcoin trades near $63,567 on Friday after rebounding from support around $62,300. BTC remains below its 50-day, 100-day and 200-day EMAs, preserving the broader bearish bias. The RSI at 46 and a negative MACD signal weak momentum despite the recent stabilization. Bitcoin (BTC) shows signs of stabilization on Friday after recovering from a […]

Leumi Bank to offer Bitcoin trading for 2.5M clients in 2027

Leumi Bank’s crypto integration could catalyze broader financial adoption, influencing regulatory frameworks and competitive banking strategies. The post Leumi Bank to offer Bitcoin trading for 2.5M clients in 2027 appeared first on Crypto Briefing.