Author: Crypto Editor

Key Insights: The Financial institution of Korea is planning to launch a won-denominated stablecoin by means of regulated industrial banks.. Eight main South Korean industrial banks are collaborating on this initiative. On the identical time, the Financial institution of Korea is pushing ahead with its personal CBDC as a direct countermeasure to personal stablecoins.   South Korea is making ready to embrace stablecoins, in accordance with studies.  The nation’s central financial institution, the Financial institution of Korea (BOK), not too long ago introduced intentions to roll out a brand new won-denominated stablecoin, which is able to begin with regulated industrial…

Polymarket bets didn’t predict Zohran Mamdani’s upset win within the New York mayoral main, itemizing Governor Cuomo as the favourite. Between this and its lack of ability to foretell the brand new Pope, some are questioning its success fee. Nonetheless, after the information began coming in, the platform gave Zohran 94.6% odds of victory inside half-hour. Conventional media refused to name the race for a number of hours, however Polymarket’s group was fast and decisive. Why Didn’t Polymarket Predict Zohran’s Win? Polymarket, a well-known on-line prediction market, has cornered an fascinating area of interest in election bets. It garnered enormous…

Trump says he’s contemplating 3 or 4 candidates to interchange Fed Chair Jerome Powell amid rising tensions over rate of interest coverage. Powell, testifying earlier than Congress, defends the Fed’s cautious strategy and indicators no fast price cuts. Doable replacements embrace Kevin Warsh, Chris Waller, and Treasury Secretary Scott Bessent. President Donald Trump has confirmed he’s actively contemplating replacements for Federal Reserve Chair Jerome Powell, narrowing his shortlist to “three or 4” candidates. His remarks comply with months of rising frustration with Powell’s refusal to aggressively minimize rates of interest, regardless of Trump’s repeated calls for for sharp reductions. 🇺🇸…

Key Takeaways Bitcoin’s hashrate dropped over 15% since June 15, marking the sharpest decline in three years. Hypothesis surrounds Iran’s function as a result of energy outages, web blackouts, and geopolitical occasions, although solely a small portion of the drop coincides immediately with Iranian incidents. Rising electrical energy costs and U.S. heatwaves are additionally contributing elements, highlighting a mix of world pressures on mining operations. Bitcoin’s hashrate has dropped over 15% since June 15, falling from practically 943.6 billion terahashes per second (TH/s) to 799.9 TH/s—the sharpest decline in three years, in keeping with Bitbo’s hashrate chart. This vital downturn…

Tensions within the Center East look like cooling after Israel and Iran agreed to a ceasefire, and crypto markets are responding. Main the rebound are Dogwifhat (WIF) and Pepe (PEPE), leaping 23.5% and 9.5% respectively inside 24 hours. This wave of risk-on urge for food is spreading throughout altcoins, and buyers are actually scanning for the subsequent meme coin that might explode. Newer tokens, reminiscent of Snorter Bot (SNORT) and BTC Bull Token (BTCBULL), are capturing consideration on account of their meme coin attraction and robust utility. Snorter Bot has already raised $1.2 million in its presale inside its first…

Hexydog is a brand new utility token that has arrived available on the market as a presale. That includes Doge-based memes whereas additionally presenting a use case centered on blockchain-based pet care, the venture has raised upwards of $440K so far. With its advertising materials highlighting a number of future-centric attributes, akin to a novel world donation mannequin and multi-chain assist, does Hexydog have what it takes to grow to be a fascinating cryptocurrency funding? What’s Hexydog? In keeping with the official white paper, Hexydog (ticker image HEXY) is a utility-driven cryptocurrency venture with the objective of integrating blockchain innovation…

Crypto Man MAB, in his newest evaluation on X, identified that Optimism (OP) is now priced at $0.553, displaying a light enhance of +0.004 (+0.73%) throughout the final 4 hours. Whereas the short-term motion is barely constructive, he emphasised that the general pattern has been bearish because the asset peaked close to $0.75, marking a transparent section of correction out there. Development And Quantity Evaluation OF Optimism (PO) Delving into the pattern, Crypto Man MAB noticed that the asset’s short-term pattern is leaning bearish. Over the previous 24 hours, the worth of OP has declined from a excessive of $0.564…

Try the highest three information tales over the previous day offered to you by U.In the present day.CME Group’s XRP futures hit $542 million in month-to-month quantityIn a current article on its web site, CME Group, Chicago-based derivatives market, has introduced that XRP futures recorded $542 million in month-to-month buying and selling quantity. As said within the article, virtually half of this quantity got here from exterior North America, with open curiosity standing at $70.5 million. CME Group confirmed that it will launch CME futures again in April, and on Could 19, the product was rolled out in two sizes, extraordinary…

June twenty fifth, 2025 – Zug, Switzerland The partnership gives white-labeled, non-custodial, and Web2-like stablecoin loans embedded instantly in your pockets or utility. Gelato, the web3 developer cloud platform, along with Morpho, the decentralized lending protocol behind a number of the most trusted lending infrastructure in Ethereum, at present introduced the launch of Embedded Crypto-Backed Loans. The brand new partnership permits Wallets, Brokers, and Fintech Apps to permit their customers to immediately borrow stablecoins, like USDC, utilizing their crypto property as collateral. The borrowing move has a easy, Web2-like expertise that’s non-custodial and absolutely onchain. By combining Gelato’s Good Pockets…

The next is a visitor submit and opinion from Anurag Arjun, Co-Founding father of Avail.The subsequent monetary structure gained’t simply transfer cash sooner — it’s going to make worth, identification, and rights verifiable and enforceable throughout fragmented techniques and real-world establishments.Each time we construct a brand new cost system, we rebuild the rails. Each new identification answer operates in isolation. “It’s like constructing a brand new street for each automobile we manufacture,” Siddharth Shetty mentioned to me throughout an in-depth dialog we had in Dubai. After a decade of blockchain innovation, we’ve made transactions sooner… however we’re nonetheless failing to…