Thailand launched its “TouristDigiPay” scheme on Monday, August 18, allowing foreign visitors to convert crypto into Thai Baht for electronic payment across the country. The initiative operates within a regulatory sandbox framework with strict Know Your Customer requirements and monthly spending limits to prevent financial crime while boosting tourism revenues. Thailand will launch the “TouristDigiPay”…
Solana (SOL) is back in the spotlight after climbing 4.5% this week, trading near $193.33. The rally comes even as U.S. regulators delay key decisions on Solana-based exchange-traded funds (ETFs). Recently, the Securities and Exchange Commission (SEC) announced it would extend its deadline for Bitwise and 21Shares’ Solana ETF filings to October 16, 2025, the…
The Aave (AAVE) market is now showing signs of exhaustion after an impressive price rally earlier in August. Following a resounding rejection at the $335 price region, the DeFi token is exhibiting significant hawkish potential as reflected by a 12.03% decline in the past 48 hours. Interestingly, renowned market analyst Ali Martinez shares some potential…
Ethereum is once again in the spotlight as it battles volatility after breaking multi-year highs and testing heavy resistance just below $4,800. The rally has brought ETH within striking distance of new records, but the retrace shows that sellers are not giving up easily at these critical levels. Despite the pullback, institutional demand continues to…
Kraken, one of the largest crypto trading platforms globally, has paused deposits for Monero (XMR), citing a reported 51% attack on the privacy-focused blockchain network. According to the exchange, this precautionary measure is designed to protect its users. Meanwhile, it stressed that XMR’s trading and withdrawals remain fully operational. Monero’s XMR Surges Despite Deposit Freeze…
Galaxy Digital CEO Mike Novogratz has pushed back on predictions that Bitcoin could hit $1 million in the near term, warning that such a move would likely reflect a collapse in the US economy rather than a crypto success story. Key Takeaways: Mike Novogratz warned that a $1M Bitcoin would likely signal U.S. economic collapse…
Ethereum (ETH) is up over 2% today, trading above $4,500 and hitting an intraday high of $4,558. The second-largest cryptocurrency by market cap is fueled by institutional inflows and improving sentiment. But Canary Capital CEO Steven McClurg is not impressed. Canary CEO Predicts Bitcoin Will Hit $150K This Year—But Ethereum Surge Won’t Last “The forecast…
Crypto exchange Kraken has suspended Monero (XMR) deposits after confirming that a single mining pool gained control of more than half of the network’s hashing power, raising serious security concerns. Key Takeaways: Kraken halted Monero deposits after one mining pool, Qubic, claimed control of over 50% of the network’s hashrate. Monero developers pushed back, while…
The crowd has spoken, and they have been predominantly bullish on bitcoin rather than ether, which could mean that the latter has more room for growth, said Santiment. Ethereum has become a rock star in the cryptocurrency industry lately, with multiple companies launching strategies to hold ETH as a reserve asset. ETH Has More Potential…
Bitcoin’s price consolidation that started a few days ago continues, as the asset seems stuck at the $118,000 level. While most larger-cap alts have mimicked BTC’s underwhelming performance during the weekend, some, such as OKB, MNT, XMR, and LINK, have soared by double digits. BTC Consolidation Endures The business week started on the right foot…