Korean cryptocurrency exchanges Dunamu and Bithumb shares have surged dramatically this year, contrasting sharply with Coinone’s decision to liquidate crypto holdings. With the bull market this year, exchanges are experiencing divergent fortunes as market leaders see soaring valuations while smaller players face financial strain. Upbit, Bithumb Drive Exchange Valuations Higher Dunamu, which operates Upbit, has…
As part of an initiative to internationalize the renminbi (Chinese Yuan) and enhance its competitiveness against the US dollar, China is poised to launch its first stablecoin. Meanwhile, the US is making significant progress toward its mission of becoming the crypto capital of the world. Despite this ambitious plan, concerns about potential capital flight are…
Ethereum (ETH) has mirrored the broader cryptocurrency market’s recent downturn, with its price declining by 4% over the past week. As of today, ETH trades at approximately $3,598, reflecting a 1% decrease in the past 24 hours. This pullback follows months of mixed price action across the market, as traders balance optimism over long-term fundamentals…
Base, the Ethereum Layer-2 solution developed by Coinbase, experienced a 33-minute network disruption that halted block production on its Mainnet. The outage occurred on August 5, 2025, and was caused by unexpected on-chain congestion combined with an unprepared backup sequencer. While Base is designed with high availability in mind—featuring multiple sequencer instances managed by Conductor…
Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick, says Ethereum treasury companies now offer a better investment than US spot Ethereum ETFs. Kendrick says publicly listed companies like Sharplink Gaming (SBET) offer better ETH exposure than the US ETFs ETF or Stocks? Which One Provides Better Ethereum Exposure In an exclusive statement to BeInCrypto,…
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Vietnam launches an international financial center with a crypto exchange pilot program by year-end. Bakkt enters Japan with bitcoin.jp rebrand. Chainlink launches US equities data. Nomura’s Dubai derivatives…
The global cryptocurrency market has experienced a slight downturn over the past week, with Bitcoin (BTC) struggling to regain its recent highs. Market data from CoinGecko shows the total crypto market capitalization currently stands at approximately $3.79 trillion, representing a 0.4% decline in the last 24 hours. This pullback follows a period of uncertainty across…
Former Binance CEO Changpeng “CZ” Zhao has moved to shake off a $1.76 billion clawback bid from the now-bankrupt FTX trust. It’s a bold opening move. Based on reports, he argues the case should never have landed in a Delaware court. Challenge To Delaware Jurisdiction According to a report, Zhao insists he lives in the…
In a recent analysis by The Motley Fool, a private financial and investing advice company based in the US, the implications of President Donald Trump’s support for the cryptocurrency sector have come under scrutiny, particularly regarding Ethereum (ETH), the second-largest cryptocurrency by market capitalization. Trump has consistently advocated for the crypto industry, surrounding himself with…
Shiba Inu has been experiencing a continued decline over the last two weeks, with the meme coin leader now facing the possibility of further losses. The ongoing downtrend signals that SHIB is losing momentum, primarily due to diminishing investor support, which has led to a 21% price drop. Shiba Inu Losses Monunt The number of…