Today’s Insider ⬇️
🏦 Crypto Banking Incentive: Hong Kong plans to lower capital requirements for banks that hold crypto assets
📈 ETH Treasury King: BitMine makes second huge ETH acquisition this week, boosts holdings to $9.2B
🚀 Crypto Adoption: Russia could soon consider crypto banking to combat remittance fraud
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $114,442 | +0.48% | +95% |
Ethereum | $4,426 | +1% | +87% |
Solana | $226 | +1.37% | +70% |
XRP | $2.99 | -0.30% | +458% |
S&P 500 | $6,582 | +0.77% | +12.16% |
Gold | $3,634 | -0.17% | +38.47% |
1. Hong Kong to Ease Crypto Banking Rules Amid Effort to Become Digital Asset Hub
Crypto adoption: Hong Kong plans to ease capital requirements for banks holding certain crypto assets, aiming to attract financial institutions seeking crypto exposure under Basel III standards by 2026.
🔎 Insider Insight: Hong Kong's proposed framework signals its ambition to become a leading crypto hub by creating favorable conditions for banks. This move contrasts with global regulatory uncertainty, offering clearer pathways for institutions to engage with digital assets.
Top Crypto Insider Pick of 2025
BlockchainFX’s $7M Presale Milestone Draws Attention to its All-in-One Trading Platform
BlockchainFX (BFX) has continued to make waves in the presale market, especially since it surpassed $7 million in presale funding—a milestone driven not by marketing hype but by its genuine value proposition for everyday traders.
Among other things, the project addresses a key market gap by offering a streamlined, intuitive platform designed to simplify trading across multiple asset classes. From crypto and forex to commodities, stocks, and indices, BlockchainFX serves as an all-in-one hub, tailored to meet the needs of both novice and seasoned traders.
However, beyond its innovative solution, BlockchainFX also stands apart with added perks, including custom Visa cards, exclusive memberships, and trading credits of up to $25,000, making it far more than just a trading platform.
💡 Pro Tip: At a presale price of $0.023, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. Meanwhile, BlockchainFX’s focus on accessibility, innovation, and value positions it as a compelling solution in the trading world; a practical tool for modern traders.
2. BitMine Strengthens Its Lead as the Largest Public Ether Holder
Crypto treasury: BitMine Immersion Technologies boosted its Ether holdings to 2.1 million ETH, valued at over $9.2 billion, after two major purchases this week totaling 248,755 ETH.
🔎 Insider Insight: BitMine’s aggressive ETH accumulation cements its position as the largest public holder of Ether, reflecting growing institutional confidence in Ethereum. However, the slowdown in Bitcoin treasury buys suggests a shifting focus toward other digital assets.
What was the first real-world item ever purchased using Bitcoin?
3. Russia Eyes Crypto Banking Amid Growing Crypto Adoption
Crypto banking: Russia is considering establishing a crypto-enabled bank to combat remittance fraud, regulate shadow transactions, and support miners with payment infrastructure.
🔎 Insider Insight: Russia’s proposal reflects its growing acceptance of crypto as a tool to bypass sanctions and boost federal revenue. A crypto bank could formalize the industry while addressing fraud and providing miners with much-needed support despite regional restrictions.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
