The US Treasury Division has launched a request for public feedback aimed toward combating illicit actions related to dollar-pegged cryptocurrencies, stablecoins. This initiative follows the current passage of the GENIUS Act, a complete piece of laws designed to supply a regulatory framework for the stablecoin market issuers resembling Tether (USDT) and Circle (USDC) in the…
Crypto markets have corrected by 7.3% with $340 billion leaving the area since their all-time excessive on August 14. Bitcoin has led the losses, retreating 7.5% from its peak value, whereas Ethereum has misplaced 10% from its 2025 excessive, having did not notch a brand new peak. “Outstanding how each time you get a correction…
South Korea’s financial authority is expected to release the long-awaited regulatory framework next quarter, offering clear guidelines for the issuance and distribution of won-pegged stablecoins. Stablecoin Guidelines By October On Monday, local news media outlets reported that South Korea’s financial regulator, the Financial Services Commission (FSC), is expected to release a bill for a stablecoin…
After a larger period of consolidation, Ripple’s XRP may be gearing up for a breakout against Ethereum (ETH), according to a leading analyst. He says that market structure and trading patterns show XRP’s prolonged consolidation period could soon yield to a powerful upward move, coinciding with a potential pause in ETH’s recent uptick. XRP’s Long…
TL;DR SEI price forms a triangle pattern, signaling breakout potential if $0.345 level is cleared soon. Active addresses up 83% in 3 months, crossing 1 million users amid rising ecosystem demand. Monaco launch adds institutional focus, offering sub-second trading speeds on a decentralized platform. Price Consolidation Sets the Stage SEI was trading around $0.32 at…
The recent surge in interest and adoption of digital assets has catalyzed a shift in the financial landscape, leading to a wave of successful crypto initial public offerings (IPOs). With three notable debuts on the horizon, the trend is gaining traction, driven by the impressive performance of recent market entrants. Crypto IPO Boom In the…
Tom Lee’s BitMine Immersion Technologies announced on Monday that it has become the second-largest crypto treasury in the world, behind Michael Saylor’s Strategy. The firm updated its Ether holdings figures to 1.52 million ETH worth around $6.6 billion. Even with the asset’s retreat, that huge stash is worth more than the $5.88 billion in Bitcoin…
The crypto asset investment market experienced its first weekly outflows in over three months, according to the latest data released by CoinShares, a leading European asset manager specializing in cryptocurrencies. The firm’s weekly report shows that digital asset investment products recorded net outflows of $223 million during the past week, halting a 15-week streak of…
TL;DR Chainlink breaks multi-month resistance with volume, pushing the price above $25 and nearing the key $29 level. Whale wallets added 1.1 million LINK this week, showing strong confidence despite minor pullbacks. Chainlink leads RWA development with new ETF data feeds, boosting its institutional adoption narrative. Breakout Clears Long-Term Resistance Chainlink (LINK) has gained over…
Japan is inching towards the approval of its first yen-backed stablecoin, with regulators likely to approve it as soon as October. Nikkei reports that the token, named JPYC, will be issued by Tokyo fintech company JPYC and will be backed by the Japanese yen with reserves like bank deposits and government debt. Stablecoin Target Remittances…