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3 Altcoins To Watch This Weekend | July 12 – 13
3 Altcoins To Watch This Weekend | July 12 – 13

The crypto market continues its upward momentum, with HYPE nearing its ATH, WLD gaining strong interest, and PEPE pushing toward a potential recovery.

BeInCrypto·2025/07/11 01:00
Ethereum Surge Sparks Altcoin Rotation: Here Are Analysts’ Top Picks
Ethereum Surge Sparks Altcoin Rotation: Here Are Analysts’ Top Picks

As Ethereum surpasses $3,000, analysts are eyeing emerging altcoins like SUI, TAO, and Solana for potential gains. The shift in momentum signals the start of altseason, with altcoins outperforming Bitcoin.

BeInCrypto·2025/07/11 00:54
Flash
  • 03:38
    Hong Kong Treasury Secretary: Only a Small Number of Stablecoin Licenses Will Be Issued in the First Phase, with Future Plans to Promote Asset Tokenization Such as ETFs
    Odaily Planet Daily reported that Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, stated in an interview that only a limited number of licenses will be issued in the first phase of stablecoin regulation. Regarding the possibility of issuing a RMB stablecoin, he noted that there are currently no restrictions on the pegged currency, but if other regional currencies are involved, coordination with relevant institutions may be required.Hui emphasized that the government will take the lead in promoting the use of stablecoins in cross-border payments and other applications, helping developing countries address local currency depreciation and financial system risks. He also revealed that Hong Kong will advance the tokenization of financial assets in the future. Following green bonds, the next step will be to explore tokenized payment methods for ETFs and commodities such as metals.
  • 03:18
    In the past 30 days, the amount of ETH purchased by ETH ETFs is nearly 10 times the net issuance on the network
    According to Jinse Finance, independent Ethereum educator and angel investor sassal.eth stated on social media: "Net new ETH issued in the past 30 days: approximately 73,000 ETH; net inflow into ETH ETFs in the past 30 days: approximately 725,000 ETH; the amount of ETH purchased by ETH ETFs alone in the past 30 days is nearly 10 times the net issuance on the network."
  • 03:14
    Christopher Hui: Initial Phase of Stablecoin Licensing to Be Limited, Asset Tokenization May Expand to ETFs
    According to ChainCatcher, Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, stated in an interview with i-Cable News' "Financial Wisdom.Business Transmission" that only a limited number of stablecoin licenses will be issued in the first phase. As for whether a RMB stablecoin can be issued, he said the regulations do not restrict the pegged currency, but if it involves currencies from other regions, discussions with relevant institutions may be required. Christopher Hui emphasized that the government will take the lead in promoting stablecoin applications, with a particular focus on cross-border payment scenarios to help developing countries address local currency depreciation and financial system risks. He also revealed that Hong Kong will promote the tokenization of financial assets in the future. Following green bonds, the next step is expected to extend to exchange-traded funds (ETFs), and he believes that token-based payments for commodities such as metals can also be explored.
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