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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase’s chief publicly accused big banks of trying to choke off parts of a law meant to clear the rules for stablecoins and other crypto products. Brian Armstrong said banks were pushing terms that would make the law less useful to crypto firms, a charge that has widened into a political spat that now involves the White House. Banks And Crypto Firms Clash US President Donald Trump’s public comments this week stepped into that fight. He used his social feed to complain that banking interests were trying…
ASTER holds a three week consolidation range with key resistance at $0.75 and macro pivot near $0.81.Trading volume declined during ASTER’s consolidation, a pattern often linked with accumulation phases.A breakdown below range support could trigger rapid selling as leveraged positions face liquidation.ASTER is trading in its longest consolidation range on record, and traders are closely watching the $0.75 level. The asset has moved sideways for about three weeks while holding nearby support levels. Market participants are monitoring the chart structure because extended ranges often lead to sharp price movements in either direction.Extended consolidation keeps traders focusedASTER has remained within a…
SKY jumps nearly 10% after governance vote slows new token creation while buybacks tighten supply
SKY, the native token of DeFi platform Sky (formerly Maker), climbed nearly 10% after the protocol executed a governance proposal that slowed how quickly new tokens are created through staking rewards, expanded its lending system around the USDS stablecoin, and kept up a large buyback program that is pulling tokens out of the market.The governance proposal, which passed Feb. 27 and was executed March 2, introduced several changes across the Sky Protocol, including adjustments to staking rewards and the onboarding of new credit infrastructure designed to expand the reach of its USDS stablecoin ecosystem.One of the most closely watched changes…
Korea Tones Down 20% Crypto Exchange Stake Ban as Regulators Seek Governance ‘Middle Ground’
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korean authorities and the ruling party agree on a 20% ownership ceiling for “major shareholders” in crypto and virtual assets exchanges, with a three‑year implementation delay. From A Strict Proposal To Compromise After months of friction, the Financial Services Commission (FSC) and the Democratic Party’s digital asset task force have finally converged on a 20% cap for major shareholders, the Korea Herald reports. South Korea’s 20% cap is the culmination of a long‑running push by FSC, the top financial regulator, to curb founder control at the…
X Money partners with Cross River Bank, a Ripple-integrated institution enabling real-time US–Europe cross-border payments since 2014.RealFi becomes Payment Rewards Provider for Global AI, Blockchain, and Games Shows using REAL token on the XRP Ledger.REAL token lists on BTCC exchange as RealFi links blockchain rewards to tickets for 10,000+ attendee Riyadh tech events. Elon Musk’s platform X is moving further into financial services through its upcoming payment system, X Money. The company has partnered with Cross River Bank, a financial institution known for its early adoption of Ripple technology. At the same time, RealFi is expanding the use of the XRP…
Bitcoin pushed above $73,000 this week, reclaiming a key psychological level that had capped the market for weeks. Yet the breakout has been met with an unusual reaction across crypto markets: widespread skepticism.Many traders are warning that the move could become a classic bull trap — a brief breakout that lures in late buyers before reversing lower. Analysts have pointed to heavy overhead supply and positioning in derivatives markets as potential risks, with some suggesting a rally into the $72,000–$76,000 range could attract sellers rather than confirm a sustained recovery.The caution stems partly from recent history. Earlier this year, Bitcoin…
Paraguay’s state‑owned electricity monopoly, Administración Nacional de Electricidad (ANDE), has signed a Memorandum of Understanding (MoU) with infrastructure firm Morphware to launch a government‑run Bitcoin mining program powered by thousands of confiscated mining machines and surplus hydroelectric power. Related Reading In a first‑of‑its‑kind move, Paraguay state power company is about to become a Bitcoin miner. ANDE has signed a formal agreement with Morphware to to build a state‑run mining program that uses two things the country already has in abundance: seized mining rigs and cheap hydroelectric power from the Itaipú dam. In practice, ANDE will host and own the mining…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the Bitcoin Open Interest witnessed its largest daily spike since July 2025 as the cryptocurrency’s price neared the $70,000 mark. Bitcoin Perpetual Futures Open Interest Shot Up Recently In a new post on X, on-chain analytics firm Glassnode has highlighted how the Bitcoin Open Interest witnessed a sharp jump recently. The “Open Interest” is an indicator that measures the total number of perpetual futures contracts related to BTC that are currently open on all derivatives platforms. When the value of this metric rises, it means…
BitMine buys 50,900 ETH, raising total holdings to 4.47M ETH, about 3.7% of Ethereum’s circulating supply.Chairman Tom Lee targets up to 5% of total ETH supply through BitMine’s large-scale Ethereum accumulation strategy.BitMine continues buying ETH during market weakness while holding hundreds of millions of dollars in cash. Tom Lee is increasing exposure to Ethereum through BitMine as digital asset markets face uncertainty. The firm recently purchased more than 50,900 ETH, pushing its total holdings to about 4.47 million ETH. The accumulation places BitMine among the largest corporate holders of Ethereum and represents roughly 3.7% of the circulating supply.BitMine Expands Ethereum TreasuryBitMine…
Network NewsNEW SCALING PLANS FOR ETHEREUM: Ethereum co-founder Vitalik Buterin published a blog post on X outlining his latest vision for scaling the blockchain, arguing the network can boost capacity in the near term while laying the groundwork for a longer-term shift to advanced cryptography and data-heavy “blobs” that would change how Ethereum is validated. The post reflects Buterin’s renewed focus on scaling Ethereum’s base layer after several years in which much of the ecosystem’s scaling strategy centered on layer-2 rollups. The plan comes on the heels of the Ethereum Foundation publishing a ‘strawmap’ aimed at making the network more…