Author: Crypto Editor

South Korean crypto custodian BDACS plans to challenge a won-backed stablecoin, “KRW1,” on Circle’s newly launched blockchain Arc.The Busan-based firm signed a memorandum of understanding (MOU) with Circle to develop and deploy KRW1 on Arc, establishing what it referred to as an “natural cooperative framework,” in accordance with a Wednesday report by the Yonhap Information Company. “This collaboration is a significant step ahead for Korea’s innovation to succeed in the worldwide stage,” stated Ryu Hong-yeol, CEO of BDACS. “By deploying KRW1 on Circle’s Arc, we’re opening a gateway for Korean firms to take part within the world stablecoin community,” he…

Two of the world’s most distinguished monetary establishments, DBS and Goldman Sachs (GS), stated they executed the first-ever over-the-counter (OTC) cryptocurrency choices commerce between banks, marking a significant step towards institutionalizing digital belongings in Asia.The commerce concerned cash-settled bitcoin BTC$112,912.59 and ether ETH$3,997.55 choices, permitting the banks to hedge publicity tied to crypto-linked merchandise, the businesses stated in an electronic mail. Such transactions mirror practices lengthy frequent in conventional finance, providing structured and customizable threat administration instruments for institutional portfolios.The milestone comes amid surging demand for digital asset derivatives. Within the first half of 2025 alone, DBS purchasers executed greater…

BitMine provides $113M in ETH, bringing its holdings to $13.66B as Ethereum treasuries now management 5.01% of whole provide.   BitMine Immersion Applied sciences has expanded its Ethereum holdings by buying $113 million price of ETH, in line with blockchain monitoring sources. The acquisition brings the corporate’s whole treasury to over 3.3 million ETH, reinforcing its place as the most important Ethereum holder within the company sector. BitMine’s Newest ETH Buy Tracked by Onchain Knowledge Blockchain analytics account Lookonchain reported that BitMine acquired 27,316 ETH on Tuesday utilizing the pockets deal with “0xDc8…3a07f.”  The information was sourced through Arkham Intelligence…

Cardano (ADA) is dealing with renewed bearish stress as long-term holders (LTHs) start to register losses for the primary time in three months. The latest lack of value development has erased earlier positive aspects, signaling that investor confidence could also be weakening. This downturn may hinder ADA’s possibilities of restoration if promoting stress will increase.Cardano Holders Are Dropping PowerThe MVRV Lengthy/Quick Distinction signifies that Cardano’s long-term holders are beginning to lose profitability. The metric, which compares the common revenue of LTHs and short-term holders (STHs), reveals a pointy decline following ADA’s latest pullback. Consequently, many long-term buyers at the moment are…

TIS, Japan’s largest funds processor ($2T yearly), is launching a blockchain platform with Ava Labs. The platform, constructed on Avalanche’s AvaCloud, will tokenize stablecoins and belongings below Japan’s Fee Act. AVAX kinds a bullish falling wedge — holding above $11 might ship it surging towards $30+. Avalanche (AVAX) simply landed one in every of its greatest partnerships but — and it’s from Japan. TIS, one of many nation’s largest fee infrastructure suppliers dealing with over $2 trillion yearly, has teamed up with Ava Labs, the builders behind Avalanche, to launch a brand new blockchain-based funds platform. The Avalanche group is buzzing, seeing this as…

Australia is taking one other decisive step towards bringing the crypto business beneath its conventional monetary framework.The nation’s monetary watchdog, the Australian Securities and Investments Fee (ASIC), has issued new steering clarifying that a number of digital asset classes – together with stablecoins, wrapped tokens, tokenized securities, and digital wallets – now fall beneath present monetary product rules. This implies firms providing such companies might want to get hold of a neighborhood monetary companies license, aligning them with typical monetary establishments. In keeping with ASIC Commissioner Alan Kirkland, the transfer ensures that buyers obtain full authorized protections and permits the…

Hedera has steadily positioned itself as one of the vital promising blockchain alternate options, gaining consideration for its enterprise-grade scalability, high-speed transactions, and energy-efficient consensus mannequin. Regardless of ongoing volatility within the broader crypto market, Hedera has proven spectacular resilience, just lately climbing 16% in a single day and recovering from its October correction. Its market cap now hovers round $8.2 billion, signaling renewed investor confidence after a troublesome part marked by a pointy liquidation occasion. Whereas the general crypto sentiment has slipped into concern territory, many traders view this as a chance to build up high quality property like…

World monetary providers firm Western Union is making a strategic transfer into the world of stablecoins, responding to the evolving panorama created by the current passage of the GENIUS Act within the US. On Tuesday, the corporate introduced its intention to launch the US Greenback Cost Token (USDPT), a brand new stablecoin, alongside its Digital Asset Community designed to combine digital and fiat currencies. Western Union New USDPT Stablecoin Constructed on the Solana (SOL) blockchain and issued by Anchorage Digital Financial institution, USDPT goals to broaden the choices for transferring cash for purchasers, brokers, and companions, whereas additionally bolstering Western…

Bitcoin liquidity absorbedThe place is volatility concentrated?With a violent fakeout between $111,000 and $117,000 wiping out an enormous $240 million liquidation cluster, the latest worth motion of Bitcoin demonstrates yet one more occasion of market manipulation by way of leveraged overexposure. The market was shaken however considerably cleaner when it comes to open curiosity and threat on account of the transfer, which liquidated each late-entry shorts and overconfident longs. Bitcoin liquidity absorbedThe Binance BTC/USDT liquidation heatmap reveals the place liquidity has been absorbed most not too long ago. Massive clusters had been concentrated round $111,000 on the draw back and $117,000…

PI’s latest volatility continues. Though many of the cryptocurrency market is barely within the purple on a each day scale, as BTC slipped to $112,000 on Tuesday night, Pi Community’s token is again on the offensive with one other double-digit surge. The asset has rebounded by greater than 50% because the all-time low registered in the course of the market-wide crash on October 10. Nonetheless, it stays 91% down from its all-time excessive on February 26. When it comes to why this substantial PI token surge is happening right this moment, the reply may lie exterior the field. The official…