OSL Official Announcement

📣 OSL 成功開戶送高達$1,188💰🎁 https://osl.com/perspectives/insights/osl-welcome-offer-sign-up-get-1188/

We're thrilled to welcome Lawrence Lee BBS, JP as our new Chairman of the Board. With over 40 years of legal expertise and a passion for digital assets, Lawrence is set to drive our mission forward. 🌟 In his recent interview, he shares his vision for a unified and transparent workplace, emphasising the importance of community and collaboration. Discover more about his journey 🔗 https://www.linkedin.com/posts/osldotcom_osl-digitalassets-leadership-activity-7255220739044225024-v-dv?utm_source=share&utm_medium=member_ios

📢 OSL is NOW Seeking KOL Partners! If you have a strong social media presence, you're invited to become an official OSL KOL partner and unlock exclusive benefits. Click to Apply: https://www.linkedin.com/feed/update/urn:li:activity:7254854100368936960 ⏳ Deadline: Oct 31 (Rolling interviews, apply ASAP!) Let’s build the future of digital assets together! 🌟 hashtag#OSL hashtag#KOL hashtag#Web3 hashtag#Crypto hashtag#Influencers hashtag#HongKong hashtag#DigitalAssets

Another exciting side event during Hong Kong FinTech Week - "The State of Digital Assets: Hong Kong Insights" hosted by Blockdaemon! Join Gary Tiu, Executive Director & Head of Regulatory Affairs at OSL, for a fireside chat on "Crypto ETFs Unpacked: Opportunities and Challenges" - alongside industry leaders Vivien Wong (Partner - HashKey Capital) and Sylvia T (Director at Bullish Capital Management). https://www.linkedin.com/feed/update/urn:li:activity:7254295412361084928

📅 Mark your calendars and see you at 17:00 next Friday (Oct 25)! Brace yourselves for Institution Night: hashtag#Tokenisation Meets hashtag#RWA – a game-changing soirée co-hosted by heavyweights OSL, Fireblocks, hashtag#Solomon, and China Asset Management (Hong Kong). ​We're bringing together the crème de la crème of finance and tech to dissect the white-hot world of tokenisation and its seismic impact on real-world assets (RWA). https://lu.ma/dccv3yu9

OSL is proud to be a Gold Sponsor of Hong Kong Fintech Week 2024! ✨ Join us on Oct 28-29 at Booth WA03 to explore the future of digital assets and fintech innovation. Let’s innovate together! 🚀 https://www.linkedin.com/posts/osldotcom_hkfintechweek-fintechinnovation-fintechfuture-activity-7249954303325450241-NtwE?utm_source=share&utm_medium=member_desktop

Market Moves Made Simple! Timing is key in the world of finance! 💼 Follow OSL to keep up with this week’s must-watch economic updates and make informed decisions. https://www.linkedin.com/posts/osldotcom_osl-marketupdate-cryptofinance-activity-7248979202643746816-KNYK?utm_source=share&utm_medium=member_desktop

The market is off to a strong start this week, with major moves across U.S. stocks and #crypto. Catch today’s #OSLMarketPulse for the latest on #Bitcoin, #Ethereum, and key developments in the financial space. 🌟 Quick Preview: - U.S. stocks ended Friday strong, with both the S&P 500 and NASDAQ posting gains. - Bitcoin and Ethereum surged. - Crypto ETFs saw significant inflows. - Visa is set to launch its Tokenised Asset Platform (VTAP). - Ethereum pilots are scheduled for 2025. 👉 Follow @osldotcom for more insights!

📈 The market’s moving, and so should you! Check out today’s hashtag#OSLMarketPulse for the top trends shaping your digital asset journey. 👉 Follow @osldotcom to stay in the loop! https://x.com/osldotcom/status/1839143509804433879

Get today’s #OSLMarketPulse for the top trends driving the digital asset market. Stay ahead, stay smart. 👉 Follow @osldotcom and never miss a beat! #OSL #Crypto #DigitalAsset #MarketUpdates #MarketInsights #DailyTrends https://x.com/osldotcom/status/1838410077293941066

Today's industry news In a series of events characterised by negative sentiment, Bitcoin (BTC) is witnessing a considerable sell-off with prices shedding over 10% from highs of nearly $65,000, slumping below the $58,000 mark. This decline follows the unleashing of immense selling pressure post the liquidation on August 27, a move that, while leaving Bitcoin technically steady at press time, has lent an air of weakness to the premier cryptocurrency. Ethereum (ETH), another major player in the cryptocurrency market, is also not immune to the current downtrend. The crypto unit has witnessed a severe drop, effectively ending any hopes for a long-term upswing. Owing to a decline below its upward rising trendline, Ethereum's price momentum seems to have adopted a reversal path, much to the chagrin of the investor community. Interestingly, despite the bearish sentiment, Bitcoin funding rates on Binance continue to be positive. While this development seems counterintuitive at first sight, market analysts posit that it could be due to either a series of short squeezes or aggressive leveraged longs hopping onto lower-prices rallies, demonstrating the intriguing dynamics of the fast-paced crypto domain. However, despite the ongoing bear-climate, there are suggestions of an imminent bull run in the final quarter, courtesy of Bitcoin's historical halving cycles and metrics derived from altcoin market caps. As these predictions fuel hope for fresh highs in the months to come, it raises the question of whether the current bear run is a pit stop or a cliff in the volatile ride. Professionals investors and traders should remain vigilant and monitor these market developments as well as other influencing factors that could significantly impact their investment strategies. Deciphering these cryptic behaviours of the crypto market is as important as ever to increase potential gains amidst these uncertain times. (AI generated, accuracy not guaranteed)

Today's industry news Bitcoin investors are showing a renewed sentiment of greed with the market's most significant cryptocurrency reaching a valuation of $64,000, suggesting a positive shift in anticipation of significant economic transformations. Following months of unsteady consolidation under $72,000, Bitcoin (BTC) has showcased remarkable resilience and is now on the edge of a new all-time high (ATH), thanks to increased demand. Furthermore, analysts predict a potential surge beyond the $70K mark due to favourable market indicators after Bitcoin's recent rebound. In the meantime, Tron (TRX), another digital asset, has shown significant performance with its value escalating over 20%, thereby sparking enormous interest in the cryptocurrency market. Its exceptional run has led to various market spectators referring to Tron as the new Ethereum, one of the longstanding giants of the digital currency space. On the other hand, Solana (SOL) staged a solid breakthrough, successfully gaining traction in the competitive sphere of digital currencies. However, not all cryptocurrencies declared victory. Shiba Inu (SHIB) failed to follow the upward trend, marking a disappointing run for its investors. In other news, illegal operations in the crypto space continue to be front and centre. Thai law enforcement authorities have reportedly cracked down a covert Bitcoin mining facility, turning the spotlight on illicit Bitcoin mining activities. Reportedly, these illegal miners were operating from inconspicuous households to dodge taxation, reinforcing the challenges in regulating the decentralized digital financial systems. Overall, for investors and traders, the market appears optimistic with substantial performances by leading assets like Bitcoin and Tron. Yet, it's essential to stay updated with the regulatory environment as it can significantly impact the crypto market. (AI generated, accuracy not guaranteed)

Today's industry news The latest upgrade for Ethereum has been hailed as a significant win for the cryptocurrency’s ecosystem. This improvement was met with much enthusiasm by Ethereum’s co-founder Vitalik Buterin, echoing the positive sentiment among other investors. Further support for the Ethereum network is expected to follow. However, Ethereum’s price has been in a lengthy downtrend, struggling to make substantial gains. It has been trading within the $2,550 to $2,730 range for the past two weeks, spurring speculation about whether $2.7k will hold or collapse during the impending price shift. On the downside, the cryptocurrency Toncoin endured a nearly 20% cataclysmic drop in a short time frame, resulting in a significant hit in the market. This fall distinguished itself as Pavel Durov, the billionaire founder of Telegram and a substantial figure in Toncoin, was detained shortly before the price plummeted. The incident stirred negative sentiment in the market, igniting questions about Toncoin's future recovery. In contrast, Bitcoin remains promising, perched on the edge of achieving new all-time highs. According to crypto strategist Michael van de Poppe, a mere 2.25% increase from Bitcoin's current trading price could act as a pivotal boost, propelling it into fresh record-setting figures by early September. This potential for a new peak is fostering a positive sentiment among investors especially if Bitcoin manages to break through a vital resistance level. Despite some projecting doubts about Bitcoin's stability amidst this optimism, others fervently contend a leap to $70k should not come as a surprise. While improving fundamentals are a positive sign for potential Bitcoin recovery, investors are cautioned to keep an eye on risks that could potentially impact this outlook. Overall, Ethereum’s network progression and Bitcoin's potential for extraordinary highs counterbalance the reported fade of Ethereum and Toncoin's significant market blow. For all professional investors and traders, keeping a close watched on these market developments is crucial to understanding ongoing risks and opportunities. (AI generated, accuracy not guaranteed)

Today's industry news In a series of promising updates for digital currencies, Ethereum (ETH) turned bullish, initiating speculation that it might cross the $3000 barrier. The upswing follows a particular announcement that triggered the sentiment, breaking Ethereum's 14-day streak. Simultaneously, the broader cryptocurrency market is cautiously positioned as it braces for the expiration of 18,400 Bitcoin options contracts, carrying a total notional value of approximately $1.1 billion. Although this is relatively modest compared to the highly anticipated $3.5 billion month-end event, it has kept market participants on their toes for any potential shifts. Moreover, new data from Coin glass reveals an upward trend in long positions. Over the past few weeks, 63% of Bitcoin traders have been betting on a bullish trend, which could potentially lead Bitcoin to cross the $60k benchmark. This optimistic attitude among traders comes despite fluctuating market conditions and validates the growing confidence in Bitcoin's strong market performance. Meanwhile, Robert Kiyosaki, the renowned author of 'Rich Dad Poor Dad', warns of potential U.S. economic instability. In light of the U.S. debt reportedly swelling by a trillion dollars every 100 days, Kiyosaki stresses the urgency to diversify investments by including not just gold and silver, but also Bitcoin in insurance portfolios. Lastly, Bitcoin is showing upbeat indicators that point to an imminent bull phase. As these trends continue, traders are closely monitoring the market in anticipation of Bitcoin reaching the $68k level. These developments across multiple digital currency platforms highlight the escalating momentum and promising prospects for cryptocurrency investments. (AI generated, accuracy not guaranteed)

#OSL CFO Davin Wu, CPA 胡振邦💡 Broker + Exchange are pioneering the large-scale adoption of digital assets in traditional finance. We are shaping the future of secure digital asset investments. Full article 🔗 https://www.linkedin.com/feed/update/urn:li:share:7231853095184449536/?actorCompanyId=14378230

Today's industry news In news that could pose significant implications for bitcoin investors, Mt. Gox has recently moved more than $700 million worth of bitcoin to an unknown wallet, according to a report by Arkham. Recent history suggests that such transfer activities precede repayments to Mt. Gox's creditors via distribution channels. Furthermore, the notorious exchange has moved an additional 13,265 bitcoins, equating roughly to another $784M dollars to a different address. While this is ongoing, market forecasts are suggesting strong potential growth for Cardano (ADA), reliant on Ethereum (ETH) and Solana (SOL) reaching significant price milestones. Market commentator King Aryan has projected monumental gains for ADA, potentially up to $75, if ETH and SOL reach $20K and $2K respectively. However, these predictions rely heavily on the broader market movement and trend alignment. Concurrently, Ethereum might be nearing the end of its correction, according to analysts. This implies that Ethereum might be set to increase in value again soon, thereby possibly building a strong case for a notable ADA rally, as per King Aryan’s projections. In other market trends, Bitcoin appears to be on the brink of breaking through its 50 EMA at approximately $61,000. This can potentially pave the way for a climb towards $70,000 as current resistance levels are expected to weaken. This price action is perceived as fundamentally vital resistance for Bitcoin as it attempts to continue its bull run. Meanwhile, it is not entirely clear what is keeping Solana (SOL) down, but the cryptocurrency is yet to follow Bitcoin's upward trajectory. However, Toncoin (TON) is expected to begin another significant bull run, which investors should keep an eye on. In summary, the cryptocurrency market exhibits a mix of volatility and potential growth. Recent large-scale bitcoin movements by Mt. Gox could be linked to creditor repayments, Ethereum might be nearing an uptrend, Bitcoin is showing signs of a possible rise, and Cardano could see considerable growth if market conditions favor Ethereum and Solana's price surges. At the same time, Solana's market movement is an outlier, and Toncoin may be priming for a new surge. As always, investors and traders must stay attentive to these market shifts. (AI generated, accuracy not guaranteed)