Crypto News Summaries
South Korea's central bank is wary of won-pegged stablecoins, fearing they could destabilize capital flows. Legislative gridlock persists over who should issue them, delaying broader crypto initiatives.
Bitcoin and Ethereum face headwinds as gold and silver steal the spotlight, drawing investor attention. Despite lagging prices, Ethereum's strong fundamentals and record staking levels hint at future growth and potential gains.
Wemade is boosting its KRW stablecoin alliance with Chainlink, fortifying data infrastructure. This move anticipates South Korea's evolving crypto regulations, paving the way for a compliant digital asset ecosystem.
Blockchains are racing to prep for quantum threats, securing digital assets for the future. The complex shift requires algorithm integration without compromising performance or user experience.
Wall Street warms up to crypto! A stunning 60% of top U.S. banks are diving into Bitcoin services, signaling a major shift as digital assets become a priority.
The SEC is facing pushback on its crypto regulations, with experts arguing that simply holding a token shouldn't trigger securities laws. A new proposal suggests classifying crypto as "Digital Value Instruments" to foster innovation while protecting investors.
KuCoin appoints Sabina Liu as EU Managing Director, signaling a major expansion into Europe. With a focus on MiCA compliance, KuCoin aims to integrate crypto into real-world experiences.
Hyperliquid's revolutionary HIP-3 framework is transforming DeFi, allowing developers to create markets and fueling a surge in trading. Open Interest has skyrocketed to record highs, driven by commodities and innovative platforms like TradeXYZ.
Lighter (LIT) crypto token rebounds after defending a key support level, fueled by surging futures activity and buyer dominance. Strategic supply reduction through staking and buybacks reinforces long-term conviction.
Coinbase's Bitcoin price trades at a discount compared to Binance, signaling potential weakness in US institutional demand. The widening gap highlights market stress, stablecoin issues, and limited arbitrage, pointing to challenges in absorbing selling pressure.
Bitcoin's been trailing gold and silver lately, leaving investors puzzled. Anthony Pompliano explains the crypto king's sluggish performance citing market shifts, Wall Street influence, and competition from AI and more.
Tether aggressively expands its gold reserves amidst economic uncertainty, mirroring central bank strategies. While XAUT's market supply surges, new competitors are emerging, reshaping the tokenized gold landscape.
