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Author: CryptoPress

HSBC Launches Regulated HKD Stablecoin RedCoin for Over 3.3 Million PayMe Users

HSBC RedCoin (RCHKD) launched on October 23, 2026, via PayMe for over 3.3 million users. Supports instant peer-to-peer transfers and payments at more than 100,000 merchants. Circulating supply reached about HKD 80.7 million, fully backed by cash reserves. HSBC has launched its first stablecoin, HSBC RedCoin (RCHKD), a Hong Kong dollar-denominated token now available on the bank’s PayMe app, marking a significant step in regulated retail...

Crypto regulation, Cryptocurrencies, News, Stablecoins

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Gold Falls Below $4,000 For First Time Since July Amid Broad Market Shift

Gold prices slipped below the psychological $4,000 per ounce mark for the first time since July during recent trading sessions. The downward momentum in precious metals coincides with shifting macroeconomic conditions and evolving investor risk appetites across markets. Market analysts continue to monitor how traditional safe-haven outflows impact broader correlations with alternative assets. Precious metal markets experienced a notable...

Breaking, Cryptocurrencies, News

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Crypto Markets React as Q3 Earnings Season Highlights Corporate Treasury Holdings

Publicly traded crypto-related companies and major digital asset treasury holders are rolling out their Q3 financial reports amid shifting macroeconomic conditions. Market participants are closely tracking balance sheet exposures, corporate staking revenues, and mining operational metrics during this #EarningsSeason. Analysts emphasize that regulatory shifts and accounting standard changes are providing unprecedented clarity into corporate...

Breaking, Cryptocurrencies, News

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PEPE Jumps 14% to Lead Altcoin Market Rebound as Crypto Recovery Takes Hold

Frog-themed meme coin PEPE climbed 14% over a 24-hour window, outperforming major altcoins in a sudden market-wide recovery. The notable price action helped spark broader bullish sentiment across the speculative token sector. Traders and analysts are monitoring whether the momentum can sustain higher trading volumes amid shifting macroeconomic conditions. Meme cryptocurrency PEPE surged 14% within a 24-hour trading window, spearheading a...

Breaking, Cryptocurrencies, News

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Bitcoin Slides Below $81,500 Amid Tech Sell-Off and $635M ETF Outflows

Bitcoin fell 3.4% to $81,387, tracking a 2.6% drop in the Nasdaq Composite. U.S. spot Bitcoin ETFs recorded $635 million in net outflows on Oct. 22, the largest since June. Crypto liquidations totaled $440.9 million over 24 hours, mostly long positions. Bitcoin slid below $81,500 late Thursday as a tech-driven sell-off in U.S. equities spread to Asian markets, pressuring risk assets across the board. The world’s largest cryptocurrency...

Bitcoin, Cryptocurrencies, ETF, News

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