Today’s Insider ⬇️
🏦 Crypto License: Hong Kong Grants 13th Crypto Exchange Licence as Bixin Operator, NewBX Joins Approved List
🤝 Acquisition Deal: Tether Buys Out SoftBank's Stake in Twenty One Capital, Tightening Control of Bitcoin Treasury Firm
🚀Market Expansion: Euro Stablecoin Project: Qivalis Races to Counter Dollar Dominance
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $76,387 | +1.25 | -29.88% |
Ethereum | $2,095 | +2.01% | -18.13% |
Solana | $85 | +1.62% | -51.82% |
XRP | $1.34 | +1.17% | -42.78% |
S&P 500 | $7,493 | +0.64% | +28.27% |
Gold | $4,542 | +0.22% | +37.45% |
1. Hong Kong Grants 13th Crypto Exchange Licence to Bixin Operator NewBX
Crypto license: Hong Kong's SFC has granted a virtual asset trading licence to NewBX Limited, operator of Bixin exchange, bringing the city's total licensed crypto platforms to 13.
🔎 Insider Insight: The steady licensing pace reflects Hong Kong's deliberate approach to building a credible regulated hub rather than rushing approvals. With six applications still pending, the roster will grow, but on the SFC's terms.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Tether Buys Out SoftBank's Stake in Twenty One Capital to Tighten Bitcoin Treasury Control
Acquisition deal: Tether has acquired SoftBank's roughly 26% stake in Twenty One Capital, removing SoftBank from the board and consolidating control ahead of a planned merger with Strike and Elektron Energy.
🔎 Insider Insight: Tether's consolidation tightens its grip on what it sees as a foundational Bitcoin treasury vehicle. The drop from XXI's $53 peak to $7.83 suggests the market is waiting for proof of execution before rewarding the ambition.
What does a blockchain “fork” represent?
3. Euro Stablecoin Consortium Qivalis Expands to 37 Banks Ahead of 2026 Pilot Launch
Market expansion: Euro stablecoin consortium Qivalis has expanded to 37 banks across 15 countries, with a pilot transaction window targeting Q3 2026 and commercial launch planned for H1 2027.
🔎 Insider Insight: With USDT and USDC dominating over 90% of the stablecoin market, Qivalis is attempting to disrupt deeply entrenched dollar-based behaviors. Built-in volume targets with financial penalties signal the consortium is serious about avoiding the quiet fade of previous euro stablecoin projects.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
