Crypto
The European Central Bank and national central banks are pushing to extend the ban on stable‑coin yields to include crypto‑lending and staking, and to replace MiCA’s 60% cash‑deposit requirement with stricter liquidity thresholds. The moves aim to close perceived gaps that could destabilise the financial system.
Crypto
U.S. Attorney’s Office in Manhattan has launched a criminal investigation into cryptocurrency exchange Binance to determine if it knowingly facilitated trades that violated U.S. sanctions on Iran. The move adds to heightened regulatory scrutiny of the crypto sector and could have significant legal and market repercussions.
Crypto
Decentralized prediction market Trueo has announced its migration from the Base network back to the Ethereum mainnet. The move has garnered significant attention, including a notable endorsement from Ethereum co-founder Vitalik Buterin.
Crypto
Animoca Brands has suspended its reverse merger talks with Currenc, delaying its planned Nasdaq listing. The company stated its commitment to pursuing a public listing on a major exchange despite the setback.
Crypto
South Korea’s leading fintech firms Kakao Pay and KakaoBank have signed a memorandum of understanding with US‑based digital‑asset platform Fireblocks to develop institutional‑grade stablecoin infrastructure. The move comes amid growing demand for regulated crypto services and a supportive government stance on digital assets.
Crypto
Bitcoin broke the $86,000 barrier for the first time since January, driven by inflows into exchange‑traded funds and large treasury purchases. Analysts note a bullish technical crossover but warn that rising leverage could test the rally’s durability.
Crypto
Bitcoin broke the $85,000 barrier, its highest level since January, as a massive short squeeze and renewed purchases by MicroStrategy boosted demand. The rally coincides with lower oil prices, easing Treasury yields and fresh ETF inflows.
Crypto
The European Central Bank has activated Pontes, a wholesale settlement system that uses distributed‑ledger technology to clear tokenised assets with central‑bank money. The pilot runs alongside the digital euro retail project and aims for full deployment by 2028.
Crypto
The flagship cryptocurrency rallied to its highest level since January, topping $85,000 amid a sharp short squeeze that forced between $300 million and $750 million of bearish positions to be liquidated. Open interest rose 7.6% to $156 billion, indicating fresh capital is chasing the move.
Crypto
South Korea's central bank has launched a pilot program to enable 24-hour won settlement for foreign investors, leveraging blockchain technology. Concurrently, Hana Bank has issued a $100 million digital bond on Euroclear's blockchain infrastructure, achieving same-day settlement.
Crypto
Bitcoin's price has moved above its 50-week moving average for the first time in 45 weeks, a technical development historically associated with the end of bear markets and the start of new bull runs. Analysts are closely watching whether this sustained upward momentum will confirm a broader market upturn.
Crypto
Bitcoin stabilized above the $80,000 mark after a dip of about 1%, buoyed by unprecedented inflows into spot exchange‑traded funds. The surge in ETF assets is reviving demand from institutional investors while the broader crypto market shows mixed reactions.