Thu, May 23, 2024

CLSA

Top Cryptos to Check this week: BTC/USDT ETC, NEAR, XMR, FTT

The ‘Year of the Dragon’ Brings Serenity to Bitcoin

Key Points: Bitcoin (BTC) remained stable at around $42,000 despite the upcoming Lunar New Year. Analysts observed significant gains in Bitcoin (94%) and Ethereum (47%) despite earlier predictions. Regulatory scrutiny increased in the US, with surveys on crypto miner energy consumption and proposed AML and CFT regulations. Attention is focused on the BTC-spot ETF market, …

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Broker News

CLSA Exits Margin Dealing, Moves to Healthcare

The Hong Kong-based broker, CLSA Premium Limited, has stopped offering margin dealing services. Instead, it will focus on its new healthcare business, which started in mid-2022. At last week’s annual general meeting, the company’s shareholders voted unanimously for proposed business area changes. There have been positive outcomes following the group’s exploration into the healthcare business …

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