SKALE (SKL), the native utility token of the SKALE Network, has experienced a remarkable 145% price surge in August. Furthermore, its trading volume exceeded $900 million yesterday, marking a major milestone. Amid this surge, SKALE’s Chief Technology Officer (CTO) has raised concerns about the sustainability of the trading behavior. SKALE’s (SKL) Price Surges in August:…
After hitting a new multi-month high, Cardano (ADA) has retraced alongside the rest of the market. Some analysts suggest that the cryptocurrency is ready to reclaim crucial resistance levels and hit new highs in the coming months. Cardano Holds Crucial Support Despite Pullback On Thursday, Cardano experienced an 11% drop after surpassing the $1.00 barrier…
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. Japanese corporations diverge on Bitcoin, with Remixpoint accumulating massive treasury holdings while Value Creation exits completely. Korean exchanges report mixed quarterly results amid market volatility. Hong Kong regulators…
Decentralized Physical Infrastructure Networks (DePIN) was one of the most talked-about sectors in crypto and experienced substantial growth in 2024. However, as crypto metas like meme coins, NFTs, and others regain traction, DePIN has struggled to maintain its momentum. This year, it has fallen behind in the race for investor attention. Nonetheless, Naman Kabra, CEO…
Meme coins have spent most of their existence in the crypto market as retail-driven and hype-fueled, swinging from moonshot highs to brutal pullbacks in a matter of hours. But this year is beginning to look different. Institutional players are circling, looking for ways to package meme exposure in regulated, exchange-traded formats. That shift is significant….
Bitcoin (BTC) reached a new all-time high of over $123,700 during early Asian trading hours today, sparking a wave of bullish momentum across the cryptocurrency sector. Additionally, many experts suggest that further gains may be imminent for BTC. They predict that the largest cryptocurrency could likely continue rising, citing its positive correlation with gold. What’s…
Curve Finance (CRV) has become the center of market attention as the token’s price recently crossed the $1 mark for the first time. CRV’s short-term breakout comes amid significant developments tied to the founder’s large token sales. A Short Recovery of CRV Data from BeInCrypto shows that Curve DAO’s CRV briefly broke above $1 before…
Over 98% of the circulating Ethereum supply is now in a profitable state, reaching a two-year high and signaling a heightened risk of a price correction as investors may look to cash in on their gains. Not-Seen Profit Level in Two Years According to on-chain data platform Glassnode, its “Percent Supply in Profit” metric for…
Cathie Wood’s Ark Invest, an investment management firm, has acquired 2.53 million Bullish (BLSH) shares, a newly public crypto exchange. The purchase comes amid Bullish’s notable public entry, which saw its stock price surge by 83.78% post-launch. Cathie Wood’s Ark Invest Picks Up 2.53 Million Bullish (BLSH) Shares According to the official disclosure on X…
South Korea’s Bifrost Network has partnered with SBI Digital Finance to accelerate Bitcoin adoption in Japan’s financial sector. The collaboration will focus on developing Bitcoin-backed stablecoin BtcUSD and creating regulatory-compliant BTC management frameworks. Partnership Targets Bitcoin-Backed Financial Products Under the agreement, both companies will explore practical Bitcoin use cases for institutional clients. They will jointly…