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Caroline Bishop Jan 26, 2026 02:38 Hong Kong’s central bank doubles its RMB liquidity facility to RMB200 billion as 40 banks exhaust initial quotas, expanding offshore yuan reach to ASEAN and Europe. Hong Kong’s monetary authority is doubling its renminbi lending facility to RMB200 billion ($27.5 billion) after overwhelming bank demand exhausted the initial allocation in just three months.The Hong Kong Monetary Authority announced January 26 that the expanded RMB Business Facility takes effect February 2, backed by the People’s Bank of China through their currency swap arrangement. All 40 participating banks have either hit or are approaching their quota…
The week has already started with major market volatility, and more of it is expected over the next five working days. Markets will be digesting the latest round of tariff threats from US President Trump and a potential US government shutdown this week, in addition to ongoing geopolitical tensions. Add to that the Federal Reserve meeting and rate decision, and more inflation data, and we’re in for a rollercoaster ride this week. “Buckle up for a huge week ahead,” said the Kobeissi Letter, which warned of “significant volatility this week.” Economic Events Jan. 26 to 30 US President Trump threatened Canada…
Strive (ASST), a bitcoin treasury and asset management company, is using perpetual preferred equity to retire convertible debt and restructure its balance sheet, a method that could offer a template for Strategy (MSTR) in the future.On Thursday, the company priced a follow-on offering of its Variable Rate Series A Perpetual Preferred Stock SATA, at $90 per share. The transaction was upsized beyond the initially announced $150 million to allow for the issuance of up to 2.25 million SATA shares in aggregate, combining public issuance with privately negotiated debt exchanges.Strive said it intends to use the net proceeds to pay down…
South Korean lawyer stole police officers’ settlement fees in 2021.Court fines lawyer $7,000 amid previous “leniency” complaints.Judge calls theft “a heinous crime.”A South Korean lawyer embezzled over $4,000 from his police officer clients and used the funds to make private crypto investments.A district court in the city of Cheongju found the lawyer, unnamed for legal reasons, guilty of misappropriating funds handed over as part of a settlement deal, the South Korean newspaper Joongbu Maeil reported. The court did not disclose which cryptocurrencies were involved.“This is a heinous crime that involved neglecting professional ethics,” Presiding Judge Ji Yun-seop told the court…
A seed phrase is a string of 12-24 words that serves as a master key for a non-custodial or self-custody cryptocurrency wallet. It enables you to retrieve your wallet and regain access to your digital assets that live on blockchain networks.In this article, we’ll dig deeper into the concept of seed phrases, how they work, and their significance. We’ll also provide a step-by-step guide on how to restore your wallet and store your seed phrases securely.What is a Seed Phrase?A seed phrase is a unique sequence of 12, 15, 18, 21, or 24 random words. It is generated from a…
Key takeaways BTC is down less than 1% as the market remains choppy. The leading cryptocurrency could retest the $87k support level before rallying higher. BTC’s price action remains choppy The cryptocurrency market continues to underperform as BTC and the other leading coins are in the red. Bitcoin has lost 0.7% of its value in the last 24 hours and is now trading around $89,150. The broader cryptocurrency market is attempting to stabilize after this week’s sell-off. Bitcoin price started the week on a negative note, closing below key support levels: the 50-day Exponential Moving Average (EMA) at $91,942. The…
Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.Gold’s breakout above $5,000 is beginning to look less like a spike and more like a regime shift, as bitcoin drifts sideways around $87,000 in the early hours of Hong Kong trading, in a low-conviction market that continues to struggle with internal supply dynamics.Onchain indicators suggest the divergence reflects market structure rather than sentiment alone.In its latest report, CryptoQuant…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. LeanHash launches XRP-focused investment tools as policy support expands XRP’s role in payments and CBDC infrastructure. Summary As crypto turns value-driven, LeanHash pairs XRP momentum with MiCA-compliant cloud mining security. LeanHash highlights PwC audits, Lloyd’s insurance, and multi-layer security for compliant crypto income. Supporting XRP, BTC, ETH, and more, LeanHash offers flexible cloud contracts amid policy clarity. With the new US administration’s fundamental shift in its stance on cryptocurrency regulation, market analysts widely predict that the digital asset industry…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
Senate Agriculture Committee Chair John Boozman on Jan. 21 released updated text for a crypto market structure bill and set a committee markup for Jan. 27.The draft bill, titled the “Digital Commodity Intermediaries Act,” would give the Commodity Futures Trading Commission (CFTC) a defined framework to supervise parts of the spot crypto market when activity runs through brokers, dealers, exchanges and custodians.The bill is the AC’s attempt to formalize what happens when something goes wrong. Crypto’s biggest retail pain points often show up as operational failures: account freezes, delayed withdrawals, outages during volatility, unclear complaint paths, and disputes over how…