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The launch of this task force signals strong institutional commitment to tokenized assets in Asia.🌏️
Market participants will be watching closely for the group’s recommendations in the coming months.
Full article👇️
https://t.co/D0JW2h0m2h
☕️ Hong Kong Monetary Authority Forms Task Force to Advance Bond Tokenization
Hong Kong is pushing hard into bond tokenization.
The Hong Kong Monetary Authority (HKMA) has officially formed a dedicated Task Force to accelerate the development of tokenized bonds in the region. 🧵
Source: https://t.co/YzV3Ljyu7r
This initiative is part of Hong Kong’s broader strategy to strengthen its position as a leading international financial hub in the digital asset era.🌐
By embracing blockchain for fixed-income products, HKMA wants to reduce costs, improve transparency, and increase efficiency in capital markets.
Traders are watching key support levels closely. A break lower could accelerate the sell-off, while holding here might lead to a relief rally.👀
Full article: https://t.co/g0RhOW08zU
Coinranking: https://t.co/s6Jq7OE0gO
☕️ Will Markets Continue to Fall When $1.8B Crypto Options Expire Today?
$1.8 Billion in crypto options are set to expire today.
This includes roughly $1.6 billion in Bitcoin options and $252 million in Ethereum options. Markets have been under pressure all week. 🧵
Source: https://t.co/A9vT01Vsyn
Despite the large expiry, analysts believe the impact on spot prices may be limited this time because it’s smaller than last week’s end-of-month event.
Still, the market remains in Extreme Fear territory. 🚨
Comparison: Ethena 🆚 Clearpool 🆚 Pendle
Ethena (ENA) emerges as the overall winner with 5 out of 7 categories.
🏆️ Ethena’s Wins:
➡️ Best Price Performance (0.6% higher)
➡️ Largest Market Cap (4.0x larger)
➡️ Highest Volume (10.1x more)
➡️ Best Rank (74 ranks higher)
➡️ Most Supply in Circulation (8% more)
🥈 Clearpool took 1 category: Lowest Inflation (34.9% lower)
🥉 Pendle took 1 category: Most Exchanges (4 more)
Ethena remains the strongest performer in this matchup🔥
Compare them here: https://t.co/pVhk1A37Oe
This reflects the broader cooling of the NFT market after the 2021–2022 hype cycle. Many platforms are now shifting focus or shutting down NFT services.🚫
Full article👇️
https://t.co/2fce9Em5cQ
☕️ Binance winds down centralized NFT service, gives users one month to withdraw assets
Binance is shutting down its centralized NFT marketplace.
The exchange announced today that it will wind down its NFT service and has given users one month to withdraw their NFTs and assets. 🧵
Source: https://t.co/4ogsvOfDPY
Binance says it will continue to support NFT projects through its Launchpad and Web3 Wallet, but the dedicated centralized NFT marketplace is being discontinued.
Users can still trade NFTs on-chain via Binance’s decentralized options. 📲 🛜
SUI token price has dropped 18% over the past week amid the network issues and broader market weakness.📉
This marks the third major outage for Sui since its mainnet launch in 2023.
Full article👇️
https://t.co/CS1fiQPRQZ
☕️ Sui Blames Last Week's Trio of Network Outages on Gas and Validator Bugs
Sui Network suffered three outages in just 48 hours last week, totaling over 15 hours of downtime.
The Sui Foundation has now explained what caused the disruptions. 🧵
Source: https://t.co/CS1fiQPRQZ
Importantly, user funds were never at risk and no committed transactions were reverted.
However, the repeated outages have raised concerns about Sui’s reliability as it continues to grow. 🚨