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WeBank Technology Services has unveiled a new blockchain-based infrastructure to enhance Hong Kong’s Web3 ecosystem, announced at the Hong Kong Web3 Festival 2025.
Dubai is taking a bold step toward modernizing its real estate sector through blockchain technology, as two key regulators sign a strategic cooperation agreement to explore property tokenization.
Investor caution returned to digital asset markets last week as cryptocurrency exchange-traded products (ETPs) recorded $240 million in outflows, ending a two-week streak of inflows totalling $870 million.
Conor McGregor’s much-hyped REAL memecoin has failed to deliver on its ambitious presale target, raising only $390,000—61% below its $1 million minimum goal.
Glassnode data has confirmed that more than 80% of TRX and XRP holders are currently in unrealized profits despite the market crash.
The PI token shot up over 3% in the past 24 hours as 1.5 million tokens are scheduled to be unlocked per day starting April 11.
Quick Take Despite the slowdown, decentralized exchanges still claim a growing share of spot trading, with newer platforms and Layer 2s helping offset Ethereum’s volume decline. The following is an excerpt from The Block’s Data and Insights newsletter.
Larry Fink, CEO of BlackRock, warns of US economy weakening He sees zero chance of four or five interest rate cuts this year Fink doesn’t rule out another 20% market decline
- 02:19American Billionaire Investor Tim Draper: Bitcoin Will Replace the Dollar in 10 YearsPANews, May 14 - According to CoinDesk, American billionaire investor Tim Draper stated in an interview that Bitcoin will replace the dollar as the world's primary reserve currency within the next decade. He reiterated his prediction that Bitcoin will reach $250,000 by the end of 2025 and pointed out that when Bitcoin can be used for everyday payments and tax payments, the dollar will lose its value. Draper cited the 2023 Silicon Valley Bank collapse as an example to emphasize the fragility of the traditional financial system and suggested that companies hold both fiat currency and Bitcoin to cope with banking crises. Additionally, Draper believes that while stablecoins help in the adoption of digital currencies, they will eventually face inflation issues just like fiat currencies. He specifically mentioned that the US Dollar Index has dropped 8% this year, hitting its lowest point since April 2022, which supports his prediction of the "decline of the dollar."
- 02:19US Spot Ethereum ETF Inflows $13.37 Million YesterdayAccording to a report by Jinse Finance, monitored by FarsideInvestors, the US spot Ethereum ETF had a net inflow of $13.37 million yesterday.
- 02:18U.S. Spot Bitcoin ETF Experienced a Net Outflow of $91.39 Million YesterdayAccording to a report by Jinse Finance, monitored by TraderT, the U.S. spot Bitcoin ETF had a net outflow of $91.39 million yesterday.