South Korea Moves Forward With Crypto Regulation, Eyes Stablecoin Oversight
A South Korean lawmaker has introduced a comprehensive bill aimed at establishing a more structured regulatory environment for crypto assets in the country. The proposed legislation, known as the Digital Asset Basic Act, was announced Tuesday by Min Byeong-deok, a member of the ruling Democratic Party. The bill is...
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Ethereum Back in ‘Beast Mode,’ Surges to 15-Week High on Path to $3K
Ethereum prices tapped $2,822 following a 4% gain on the day during early trading in Asia on Wednesday morning. It is the highest price the asset has traded for since February 24, when it reached a similar level. ETH has now broken above resistance at $2,700, which stopped it...
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Trump Family-Backed Bitcoin Mining Firm Acquires $23 Million Worth Of BTC, Signals More Accumulation In The Future
American Bitcoin, a Bitcoin (CRYPTO: BTC) mining company backed by Eric Trump and Donald Trump Jr., bought millions worth of the apex cryptocurrency, according to a recent filing with the SEC. What Happened: The firm reported having 215 BTC in its reserve as of May 31, amounting to $23.57 million at current market...
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UK’s OpenTrade Raises $7M to Expand Stablecoin Yield Access in Inflation-Hit Markets
OpenTrade has raised $7 million in a strategic round led by Notion Capital and Mercury Fund, with backing from a16z crypto, AlbionVC, and CMCC Global. The latest funding brings the London-based company’s total haul to $11 million in just six months, a signal of investor confidence in the startup’s...
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Bitcoin’s Next Big Move May Come From Tokyo, Not Wall Street, Arthur Hayes Says
The coming Bank of Japan meeting on June 16–17 could shake up both stock markets and crypto trading around the world. Bitcoin traders especially are on edge. Arthur Hayes, co-founder of BitMEX, warned that a shift by the BOJ might send risk assets much higher. BOJ Meeting On June...
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Solana Spikes 4% As Report Signals Possible Green Light For ETF— Analyst Sets Approval Odds At 90%
The Securities and Exchange Commission asked for revised S-1 forms from potential issuers of Solana (CRYPTO: SOL) spot Exchange-Traded Funds, according to a report dated Tuesday. What Happened: The SEC requested updated S-1 forms from prospective ETF issuers within the next week and told them that it will provide feedback within...
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Santiment Report Shows AI Buzz Surpasses Crypto Talk Across Social Media
Crypto-focused conversations on social media are increasingly dominated by artificial intelligence themes, according to recent analysis by blockchain intelligence firm Santiment. From May 29 to June 5, Santiment’s Alpha Narratives dashboard recorded a significant surge in discussions centered on artificial intelligence, surpassing even crypto-related chatter. Online conversations have revolved...
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BlackRock: Bitcoin ETF Mania Is Still in ‘Very Early Days’
BlackRock’s Head of Digital Assets, Robert Mitchnick, says the explosive success of the iShares Bitcoin Trust (IBIT) is only the beginning. Speaking with Bloomberg’s ETF IQ on June 9, Mitchnick described the Bitcoin ETF phenomenon as being in its “very early” phase, with institutional capital still gradually working through...
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Bitcoin Flat, Ethereum, Dogecoin Climb Amid US-China Trade Consensus: Analyst Says ETH Could Target $2,920 Next
Bitcoin was little changed on Tuesday even as the U.S. and China reached a trade consensus after London talks. Cryptocurrency Gains +/- Price (Recorded at 9:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.07% $109,635.63 Ethereum (CRYPTO: ETH) +2.64% $2,780.94 Dogecoin (CRYPTO: DOGE) +1.31% $0.1974 What Happened: The apex cryptocurrency stalled...
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XRP Ledger’s Ethereum-Compaitable Sidechain to Go Live in Q2
Decentralized Layer 1 blockchain XRP Ledger’s (XRPL) sidechain that’s compatible with the Ethereum Virtual Machine (EVM) is set to go live in the second quarter, Jaazi Cooper, director of product management at Ripple, and David Schwartz, Ripple’s chief technology officer said at the ongoing APEX 2025 conference in Singapore....
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