Hong Kong will soon make it illegal to market unlicensed stablecoins to the public, as the city tightens controls ahead of the rollout of a long-anticipated regulatory framework. The move comes as authorities seek to cool market euphoria and protect retail investors from hype and fraud in the digital asset space. Eddie Yue, chief executive…
On-chain data shows the XRP whales have transferred significant amounts in the asset during the past day. Here’s where the coins are heading. XRP Whales Have Just Made Two Large Transactions According to data from cryptocurrency transaction tracker service Whale Alert, two massive transfers have been spotted on the XRP blockchain in the last 24…
South Korea’s financial watchdog is urging fund managers to scale back on how much crypto-related stock they pack into exchange-traded funds (ETFs). The Financial Supervisory Service (FSS) has reportedly issued verbal guidance advising firms not to go overboard with investments in companies like Coinbase and Strategy (formerly MicroStrategy). The FSS pointed out that the 2017…
First time in over a year, Ethereum spot trading volume is greater than Bitcoin’s, reported CryptoQuant on Wednesday. Last week, ETH spot trading hit $25.7 billion compared to $24.4 billion for Bitcoin, it added, noting that this pushed the ETH/BTC spot volume ratio above 1 for the first time since June 2024. “Investors are rotating…
[PRESS RELEASE – Singapore, Singapore, July 23rd, 2025] The developers of the Crypto MEV Bot have announced the availability of their production-tested trading software for both individual and enterprise users. Following two years of continuous operation on mainnet, the MEV bot delivers institutional-grade speed, capital efficiency, and adaptive block-level execution while keeping its “secret sauce”…
[PRESS RELEASE – Dubai, UAE, July 23rd, 2025] Early-stage presales present a rare window for high upside participation. Backing a project before its official launch allows investors to enter at ground-floor valuations. Historically, those who identified the right tokens at this stage have seen some of the most successful returns in the cryptocurrency market. Pepeto, a…
Most altcoins have headed south over the past several hours, and the second-largest is no exception. XRP, which was among the top performers until yesterday evening, has plunged by double-digits to a new weekly low. As such, it has caused substantial losses to over-leveraged traders, even more than BTC. XRPUSD. Source: TradingView What goes up,…
Bithumb, South Korea’s second-largest cryptocurrency exchange, announced the listing of two new altcoins today. The new supported tokens include Lista DAO (LISTA) and Merlin Chain (MERL). The listing announcement triggered double-digit price increases for both crypto assets, pushing them to 6-month highs. Bithumb Announces LISTA and MERL Listing According to Bithumb’s official announcement, the tokens…
Bankrupt crypto exchange FTX has announced that it will begin its next round of cash distributions to creditors on or around September 30, 2025. The record date for eligible claimants is set for August 15. Key Takeaways: FTX will begin its next round of cash payouts to approved creditors on September 30. A $1.9 billion…
PUMP, the native token of Pump.Fun, dropped over 14% in 24 hours after founder Alon Cohen confirmed that there is no immediate token airdrop. During a live with Michael “ThreadGuy” Jerome, Alon noted that the PUMP airdrop “is not going to be taking place in the immediate future.” He added that the team will inform…