News

Foresight News reported that Ripple has announced it has received preliminary approval for an Electronic Money Institution license from the Luxembourg Financial Sector Supervisory Commission (CSSF). This is a key step for Ripple Payments' expansion in the EU region and will bring institutional-grade digital asset infrastructure to the area.

BlockBeats News, January 14th, according to Hyperinsight monitoring, two short positions targeting LTC appeared on Hyperliquid, both of which simultaneously increased their short positions. Among them: The "20 Million Whale" continued to add to the short position of LTC opened today and flattened the position. It increased its holdings by about 2,712.32 LTC (about $209,600) in a short time. Its average position price rose to $78.79, with a total size of $1.2274 million. The current unrealized loss is about $3,674 (-2.99%). The address has accumulated long positions of over $1 million today and is still adding positions at the time of writing. The well-known bear "Shanzhai Air Force Locomotive" whale carried out a rollover operation on the LTC short position with unrealized gains, significantly increasing its holdings by 7,587.20 LTC (about $588,200). This action lowered its average position price to $84.90, expanding the total size to $3.4309 million. The current unrealized gain has exceeded $259,000 (+75.54%). The address has added positions of over $3 million today and is still adding positions at the time of writing.

ChainCatcher News, according to a report by Hong Kong Wen Wei Po, a 32-year-old Hong Kong man reportedly lost about 10 million yuan due to failed cryptocurrency investments and died by jumping from a building in front of his father after returning to Hong Kong from the UK the day before yesterday. According to reports, the man held a master's degree and was pursuing a second master's degree. He developed a mental illness and required regular medication after losing his job during the pandemic in 2022. Last September, he went to the UK for further studies. Recently, he had shown emotional instability when contacting his father, and returned to Hong Kong for medical treatment at the urging of his family.