Hong Kong firm to offer insurance for Asian cryptocurrency holdings, & Other News

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The best of crypto news, prepared fresh and hot every day:

Here's why Bitcoin losing $6K in hours was good for BTC price action

Derivatives exchanges hosted a "shake out" of positions that quickly reset funding rates to healthy levels.
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Hong Kong firm to offer insurance for Asian cryptocurrency holdings

Insurance and risk management for digital assets will increase investor confidence, said OneDegree.
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Indonesia's national Islamic council reportedly declares Bitcoin haram

While the MIU is a government-funded organization, its latest decision is not legally binding in Indonesia.
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SPONSORED. AI investment platform celebrating first anniversary holds a contest with $1M grand prize

Rather than making an uninformed trade, an AI-driven portfolio leverages two investment techniques to expose investors to altcoins.
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SPONSORED. Blockchain-based exchange prepped for global expansion with region-specific offerings

Including more people in the world of digital finance starts with trust and security.
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