Will Dubai Become a 'Financial Relic'? An Asian Exchange May Welcome US Backer...

比推Pubblicato 2026-03-13Pubblicato ultima volta 2026-03-13

Introduzione

The article discusses recent developments and speculations in the cryptocurrency space, primarily based on discussions among KOLs on the X platform. Key topics include: - The postponement of the TOKEN 2049 Dubai summit to 2027, with speculation that this delay may benefit Hong Kong as a crypto hub. - Rumors of a potential acquisition of an Asian cryptocurrency exchange (hinted to be Bybit) by a U.S. buyer, with comments noting the strategic move for compliance and market expansion, as well as debates about valuation compared to competitors like OKX. - Circle’s reported efforts to distance itself from Canada, leading to a surge in its stock price, alongside discussions about its revenue-sharing agreement with Coinbase and future prospects. - Concerns about liquidity drying up in the altcoin market, with traders shifting focus to major cryptocurrencies like Bitcoin and Ethereum, as well as other investment avenues such as meme coins and U.S. equities. The content emphasizes that these are personal opinions and not investment advice.

Dear readers, hello~

What were the crypto KOLs talking about in the past 24 hours?

Note: The following content is compiled from the X platform, representing personal opinions only, and does not represent the stance of this platform, nor does it constitute investment advice.

TOKEN 2049 Dubai Summit Postponed to 2027, Benefiting Hong Kong?

An Asian Exchange to Welcome a US Buyer?

Popular Replies:

Everyone wants a piece of the juiciest cake in the US, everyone needs to find a big brother;

That's competing for the Chinese-speaking market share;

Bybit seems to be seeking a "compliant backer";

coinbase+base+cex? Solana is drawing circles in the corner again;

Over ten billion is a bit low, because Bybit's spot and futures market leads OK's, being valued lower than OK seems a bit cheap

Circle Wants to Cut Ties with Canada

Popular Replies:

The收益 generated by circle's Arc链上 usdc still needs to be split 50/50 with coinbase, but the agreement expires in 2026 and needs to be renegotiated.

When circle was 50, you were bearish saying it would fall back to the issue price of 30; when circle was 120, you were bullish saying it would rise to 1000. Did you change, or did circle change?

Circle cutting ties with Canada, stock price doubled.

The Altcoin Market with Dried-up Liquidity

Popular Replies:

Making money with altcoins is just the process, losing it all is the结局 for most people;

In this market, you might as well focus on Bitcoin and Ethereum instead of altcoins;

Gold, US stocks, and二级土狗 in the crypto circle have taken away the liquidity that originally belonged to altcoins,叠加 with the大盘回调, where is the liquidity left?

现在的山寨呀,各自走各自的路。 (Nowadays altcoins, each goes its own way.)

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Domande pertinenti

QWhat is the main reason discussed for TOKEN 2049 Dubai Summit being postponed to 2027, and how might this benefit Hong Kong?

AThe article suggests that the postponement of the TOKEN 2049 Dubai Summit to 2027 could potentially benefit Hong Kong, though specific reasons for the delay or direct advantages to Hong Kong are not detailed in the provided content.

QWhich Asian exchange is rumored to be acquiring a U.S. buyer, and what are the speculated motivations behind this move?

ABybit is the Asian exchange mentioned as potentially seeking a U.S. buyer, with motivations including gaining a 'compliance foothold' and accessing the lucrative U.S. market.

QHow did Circle's relationship with Canada change, and what impact did it have on its stock price?

ACircle cut ties with Canada, which reportedly led to a doubling of its stock price, as mentioned in the article's hot replies.

QWhat are the cited reasons for the liquidity drought in the altcoin market according to crypto KOLs?

AKOLs attribute the liquidity drought in altcoins to capital being diverted to Bitcoin, Ethereum, U.S. stocks, and secondary meme coins, compounded by a broader market pullback.

QWhat critical agreement between Circle and Coinbase is set to expire in 2026, and what does it involve?

AThe agreement between Circle and Coinbase, set to expire in 2026, involves sharing the revenue generated from USDC on the Arc chain, with Coinbase currently receiving half of the earnings.

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Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

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