Aptos sees strong recovery rally as key on-chain metrics improve
Aptos is trading at $4.85, up roughly 10% in the past 24 hours, as bulls try to regain control following a period of consolidation. The recent uptick appears supported by improving network fundamentals and a shift in sentiment. According to…...
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FalconX joins Lynq digital settlement layer as launch partner
FalconX has joined Lynq as a launch partner, alongside other major industry players such as Galaxy, Crypto.com, and Wintermute. FalconX, a leading institutional crypto trading and prime brokerage platform, has joined Lynq, a real-time interest-bearing settlement network, as a launch…...
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South Korea’s top banks unite for Won-pegged stablecoin launch: report
Interest in a won-linked stablecoin is growing in South Korea, and the country’s largest commercial banks are joining forces to issue one through a joint initiative. According to a June 25 report from local media Economic Review, eight of South…...
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HKMA lists stablecoin issuer license requirements for applicants interested in launching HKD-backed assets
Hong Kong Monetary Authority lists a few ‘benchmark qualification’ for firms planning to launch their own HKD-pegged stablecoins. The requirements would serve as the entry threshold According to a report by news outlet Hexun, Hong Kong Monetary Authority Chief Executive,…...
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Bitcoin Price Trades Sidewise In June: Is The Bull Market Over?
Bitcoin’s price lost 2.29% in the 30 days ending Jun. 24. Meanwhile, a bevy of tech stocks like Palantir, Nvidia, and Oracle are flying high. Is the BTC bull market over? Or can BTC still hit the $150K – $200K price predictions for 2025, recently made by popular crypto...
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Crypto Trader Sees Bitcoin Hitting $160K By Year-End; ETH, SOL, ADA to Gain on Middle East Truce
Bitcoin BTC is back above $106,000 after dipping below five figures earlier this week, as global markets steadied on signs that a ceasefire between Israel and Iran is holding. Meanwhile, Ether ETH traded at $2,400, up 0.5% on the day, approaching resistance near $2,450. Dogecoin DOGE hovered at 16...
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Bitfinex Securities Is Taking a Different Approach to RWAs, Launches Two New Products in the U.K.
These days, the mention of blockchain-based real world assets (RWAs) conjures up traditional finance institutions, like BlackRock, presiding over billions of dollars in tokenized money market funds. But the original promise of crypto was about opening up finance opportunities to anyone. That’s the ethos Bitfinex Securities is sticking to...
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Bitcoin’s Upcoming $14B Options Expiry Marked by Surge in Put-Call Ratio. What Does it Indicate?
Bitcoin’s BTC put-call ratio has jumped ahead of Friday’s multi-billion-dollar options expiry on Deribit, but its traditional bearish interpretation may not tell the full story this time. The put-call open interest ratio refers to the ratio of active put contracts to active call contracts at a given time. An...
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Massive Pi Network Rumor Sparks Instant Double-Digit Surge for PI’s Price
TL;DR Rumors have emerged online again that Pi Network’s token will soon be listed on a major tier 1 cryptocurrency exchange. As it typically happens when the hype goes crazy, so does the underlying asset’s price, which is the only double-digit gainer from the top 100 alts. Ever since...
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Japan Eyes Crypto ETFs And Lower Taxes With Digital Assets Reclassification Proposal
Japan’s Financial Services Agency (FSA) has proposed a reform that could pave the way for crypto-based investment products and significantly lower the capital gains tax on digital assets in the country. FSA Proposes Crypto Assets Reclassification On Tuesday, local news outlet CoinPost reported that Japan’s Financial Services Agency announced...
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