Key takeaways BTC dropped below $86k on Monday mainly due to macro pressures. The leading cryptocurrency could retest the $80k low if the bearish trend persists. BTC dips below $86k Bitcoin, the leading cryptocurrency by market cap, is off to a bearish start in December, as it has lost over 5% of its value in the last 24 hours. At press time, Bitcoin is trading above $86k after temporarily dropping to the $85k region earlier today. The bearish performance has […]
Cardano founder Charles Hoskinson says Genesis ADA was profit earned from early work. He rejects calls to use those funds for new integrations or community needs. Treasury, not Genesis ADA, should finance current ecosystem initiatives. Cardano founder Charles Hoskinson has moved to clarify one of the blockchain’s longest-running disputes, reaffirming that the platform’s early Genesis ADA allocations were private earnings for foundational work and risk and not community-owned funds waiting to be spent. Hoskinson’s remarks came during a November 30 […]
MAS expands Ripple’s payment permissions for XRP and RLUSD services. The approval boosts Ripple’s role in fast, regulated APAC cross-border payments. Regional digital asset activity rises as Ripple deepens Singapore investment. The Monetary Authority of Singapore (MAS) has approved an expanded range of payment activities for Ripple Markets APAC, the company’s local subsidiary. This approval allows Ripple to grow its regulated payment services for banks, fintechs, and corporates in one of the world’s most tightly supervised financial markets. Ripple can […]
HashKey moves closer to IPO after clearing Hong Kong listing hearing, boosting regulated crypto ambitions. HashKey leads Hong Kong’s licensed crypto trade but remains unprofitable despite a large client asset base. Firm expands globally with approvals in Dubai, Bermuda, and Ireland ahead of planned public listing. Hong Kong’s push to build a tightly regulated digital asset market has taken another step as HashKey Holdings secures approval to move forward with an initial public offering. The operator of the city’s largest […]
The new legislation builds on the Digital Asset Basic Act by adding detailed rules for stablecoin oversight. The framework outlines how global stablecoins like USDT and USDC will be treated in Korea. Officials warn delays could leave Korea behind other regions that tightened rules in 2025. South Korea is taking a major step toward formalising how won-based stablecoins will be issued and supervised, after lawmakers settled a long-running dispute over who should control the process. A closed-door meeting brought clarity […]
Israel plans tighter stablecoin oversight as adoption surges globally. Regulators warn dominance of Tether and Circle poses systemic risk. Digital shekel roadmap advances for 2026 as CBDC development accelerates. Israel is moving towards tighter supervision of stablecoins as the Bank of Israel positions them as a core part of the country’s future payments system. The shift comes as regulators reassess how private digital dollars fit into daily financial flows. Stablecoins are no longer seen as fringe tokens used only by […]
Bitcoin price rose to near $93,000 on Friday before sell-off pressure resumed. Ethereum and XRP also climbed but faced key hurdles around $3,000 and $2.25. Sentiment remains downbeat across the crypto market despite notable gains for a few top altcoins. The cryptocurrency market continued to witness a mixed outing on Friday, with Bitcoin retesting the $92,500 mark while Ethereum and XRP both broke to key resistance areas. While gains indicated renewed investor optimism amid broader economic uncertainties, the swift retreat […]
Upbit patched a wallet flaw after a $30M Solana-related hack. Withdrawals were halted, and stolen funds were partly frozen following the attack. Authorities probe possible Lazarus Group involvement. South Korea’s largest cryptocurrency exchange, Upbit, has revealed a serious internal wallet vulnerability while conducting an emergency audit in the wake of a $30 million hack. The discovery comes as the company continues to investigate irregular Solana-based withdrawals that triggered the security review, raising concerns about potential risks to private keys within […]
Bitcoin Cash (BCH) is well above the $500 threshold amid broader market fluctuations. This resilience signals potential confidence in potential to bounce higher. As the Bitcoin price rises above $92,000, what lies ahead for BCH? Bitcoin Cash is trading at near $539, just in the green on the daily chart, and counting a modest $562 million in daily volume. The token, a fork of Bitcoin, crucially remains above the pivotal $500 mark. The BCH token’s price stability comes after a […]
Amundi launches first tokenised money market fund on Ethereum. The tokenised MMF operates via a hybrid model with blockchain and traditional access. Blockchain enables 24/7 trading, instant execution, and transparent records. European asset management giant Amundi has taken a major step into the digital finance era by launching the first tokenised share of its AMUNDI FUNDS CASH EUR money market fund on the Ethereum blockchain. The tokenised fund marks a significant innovation in fund distribution and allows investors to hold […]