Crypto Leverage Under Fire: South Korea Set to Tighten Lending Rules
South Korean financial regulators are preparing new guidelines to address cryptocurrency lending services, particularly those offering high leverage to retail investors. The initiative, announced on Thursday, comes amid growing concerns about investor protection and potential risks tied to volatile market conditions. According to reports from Yonhap News Agency (YNA),...
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Mill City acquires 76.3M SUI following $450M raise amid push for Sui corporate strategy
Mill City Ventures has acquired 76.3 million SUI tokens following the close of a $450 million private placement, becoming the first publicly listed company to launch a crypto treasury strategy backed by the Sui Foundation. According to a July 31…...
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Cardone Capital buys Bitcoin dips with 100 BTC acquisition
Cardone Capital’s Bitcoin investment amid market dips highlights a strategic diversification into digital assets, potentially influencing real estate trends. The post Cardone Capital buys Bitcoin dips with 100 BTC acquisition appeared first on Crypto Briefing....
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Spot Solana ETF issuers file amended S-1 applications
The amended filings could accelerate the diversification of crypto investment options, potentially boosting Solana’s market presence and adoption. The post Spot Solana ETF issuers file amended S-1 applications appeared first on Crypto Briefing....
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XRP Falls 8% Below $3 After Hitting Resistance, High-Volume Selloff Signals Weakness
What to Know XRP declined 8% over the past 24 hours, falling from a session high of $3.17 to a low of $2.94, as intense sell pressure overwhelmed initial strength. The sharpest drop occurred during the midnight trading window on August 1, when XRP fell 2.7% in a single...
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ETH recovery outpaces Bitcoin despite constant selling at $4K: Here’s why
ETH’s funding rate turns negative as the price drops below $3,600. The good news is, traders are buying the dip!...
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Coinbase Not In Competition With Visa, Mastercard In Crypto Payments Landscape: ‘We Actually Partner With Them In Many Ways’
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong said Thursday that the company views Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA) as partners in the growing cryptocurrency-powered payments industry, rather than competitors. What Happened: During Coinbase’s second-quarter earnings call, Armstrong was asked if the company is planning to build an “alternative...
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Here’s Why 9-11 AM UTC Is Crypto’s Million-Dollar Rush Hour on Tron
New research by CryptoQuant analyst João Wedson has revealed that the Tron network processes over $400 million in USDT transactions daily in a narrow two-hour window between 9 and 11 AM UTC, creating crypto’s most concentrated “million-dollar rush hour.” This explosive activity, driven by whales and institutions capitalizing on...
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A Ticking Time Bomb? US Senator Compares GENIUS Act To 2008 Financial Crisis
US President Donald Trump’s new crypto law is under fire from Sen. Elizabeth Warren, who warns it could repeat mistakes that led to the 2008 crash. Based on reports from Vanity Fair, Warren says the GENIUS Act was shaped more by industry players than by public interest, and she...
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Figma explodes 250% in NYSE debut; Cathie Wood’s ARK grabs 60,000 shares
Figma’s IPO success highlights a resurgence in tech IPOs and growing corporate interest in crypto assets, influencing market dynamics. The post Figma explodes 250% in NYSE debut; Cathie Wood’s ARK grabs 60,000 shares appeared first on Crypto Briefing....
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