Banks in the US are lobbying to vary new stablecoin laws underneath the GENIUS Act, fearing large deposit outflows as crypto exchanges achieve a aggressive benefit in providing yield to clients. The legislation, which handed in July, prohibits stablecoin issuers, which could include banks, from paying curiosity on to clients. Nonetheless, crypto exchanges that maintain…
Hong Kong is shifting quick to construct its digital finance market via real-world asset (RWA) tokenization, exchange-traded funds (ETFs), and new stablecoin guidelines. But steep prices and compliance calls for proceed to carry again smaller issuers. On August 26, buying and selling volumes within the metropolis’s six digital asset ETFs reached HK$56.4 million ($7.2 million)….
Bitget Token ($BGB) is currently trading at $4.62, up 1.6% in the last 24 hours and 3% over the past week. Trading stayed tight, with a 24-hour range between $4.46 and $4.62, suggesting moderate and controlled volatility as liquidity clustered near recent support. 24-hour volume sits near $161 million on the day, consistent with a…
Even with the present dip and a few bearish noise out there, DeepSeek China’s newest AI mannequin remains to be bullish on XRP, LINK, and Shiba Inu, and predicts them to tug off explosive positive factors by way of the remainder of 2025. Bitcoin already smashed a brand new all-time excessive in August at $124,457,…
Ethereum is at a decisive moment after a turbulent week of trading. Following a powerful surge on Friday that pushed the price into new highs, ETH quickly faced selling pressure, leading to a sharp drop by Monday. Now, the asset is trying to stabilize above the $4,400 level, a critical zone that bulls must defend…
Donald Trump Jr. joined Polymarket’s advisory board as his venture capital firm 1789 Capital made a strategic investment in the prediction market platform, according to an Aug. 26 announcement. Polymarket did not disclose the financial terms of the investment from 1789 Capital, which describes itself as dedicated to funding American exceptionalism. The announcement stated that…
The Shiba Inu growth crew has officially rolled out LEASH v2, a brand new model of the ecosystem’s unique token designed to appropriate a long-standing provide controversy. Over the previous week, LEASH holders expressed rising considerations after a hidden rebase path within the unique contract unexpectedly elevated provide, resulting in a 20%+ dilution from the…
TL;DR Fraudsters are making faux help calls, urging customers to alter their API settings. Binance’s boss reminded that the corporate won’t ever request passwords or credentials by cellphone. The warning follows earlier scams involving impersonated help workers, malicious QR codes, and SMS spoofing. ‘Ring, Ring, It’s a Rip-off’ Richard Teng, the CEO of the world’s…
Canary Capital filed to create a TRUMP ETF, making it the third such agency to aim this feat. Nevertheless, Canary is utilizing a special construction than the earlier efforts, which might make this product extra profitable. Nevertheless, ETF analyst Eric Balchunas claimed that this product can’t meet the necessities for a ’40 Act ETF. Subsequently,…
Crypto markets in late August are seeing pockets of rotation reasonably than broad altcoin rallies. Right this moment’s standout is Cronos (CRO), which has vaulted over 20% previously 24 hours. Aave and Bitget Token present steadier strikes, however consideration facilities on Cronos for its sharp transfer throughout this altcoin season. Cronos (CRO): Change Token Surges,…