crypto

South Korea’s Ruling Party Proposes Spot Crypto ETF Trading and Banking Reform

South Korea’s Ruling Party Proposes Spot Crypto ETF Trading and Banking Reform

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As South Korea heads into its upcoming presidential election scheduled for June 3, the People Power Party (PPP) has introduced a wide-ranging set of crypto policy proposals aimed at reshaping the country’s digital asset market. In a meeting held Monday at the […]

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Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT

Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether’s gold-backed token XAUT has increased significantly during the first quarter of 2025, the company’s official attestation published on April 28 stated. Every token is equivalent to one troy ounce of physical gold, and the current supply is backed by nearly eight

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Bitcoin’s Funding Rate Divergence Raises Red Flags as Price Nears Key Resistance

Bitcoin’s Funding Rate Divergence Raises Red Flags as Price Nears Key Resistance

Bitcoin’s price has rebounded strongly over the past week, recovering from a low of $74,000 earlier this month to now trade above the $95,000 mark. This upward movement represents a 12% gain in the past seven days, signaling a potential shift in short-term market sentiment following a multi-week period of correction and volatility. Despite this

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Bitcoin near K despite tariff woes, analyst concern

Bitcoin near $95K despite tariff woes, analyst concern

Bitcoin traded above $95,400 Tuesday, showing resilience despite economic concerns. US stocks (S&P 500, Nasdaq +0.55%) also continued their recovery from early April tariff fears. Consumer confidence hit lowest since May 2020; JOLTS job openings missed estimates. Cryptocurrency markets displayed notable stability on Tuesday, seemingly unfazed by mounting pessimism regarding the economic impact of the

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SEC delays 5 crypto ETFs, analysts expect final rulings by October

SEC delays 5 crypto ETFs, analysts expect final rulings by October

The US Securities and Exchange Commission (SEC) delayed decisions on five crypto-related exchange-traded funds (ETFs) applications on April 29, a move expected by Bloomberg ETF analysts James Seyffart and Eric Balchunas. The postponements affect Franklin Templeton’s spot Solana (SOL) and XRP ETFs, Grayscale spot Hedera (HBAR) ETF, Bitwise spot Dogecoin (DOGE) ETF, and the staking

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US Commerce Secretary Howard Lutnick reiterates Bitcoin is a commodity, should be treated like gold

US Commerce Secretary Howard Lutnick reiterates Bitcoin is a commodity, should be treated like gold

Secretary of Commerce Howard Lutnick said the US is embracing Bitcoin (BTC) businesses, signaling a sharp policy shift from the Biden administration’s more adversarial stance. In a recent interview with Bitcoin Magazine at the White House, Lutnick laid out a vision that includes regulatory clarity, energy autonomy for miners, and official recognition of Bitcoin in

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Base becomes 10th L2 network to reach at least Stage 1 decentralization

Base becomes 10th L2 network to reach at least Stage 1 decentralization

Base has reached “Stage 1 Decentralization” by introducing fault proofs and a decentralized Security Council to its network structure, the layer 2 blockchain announced in a blog post on April 29. Fault proofs allow any participant to propose or challenge claims about Base’s state, with open-source challenger software and financial incentives supporting permissionless dispute resolution. 

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Nasdaq files to list 21Shares Dogecoin ETF, signaling mainstream crypto acceptance

Nasdaq files to list 21Shares Dogecoin ETF, signaling mainstream crypto acceptance

Nasdaq has filed a 19b-4 form with the US Securities and Exchange Commission (SEC) to support the listing of a new 21Shares Spot Dogecoin (DOGE) Exchange-Traded Fund (ETF), according to an April 29 filing. The proposed fund would offer investors passive exposure to Dogecoin’s price without engaging in speculative trading activities like leverage, derivatives, or

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Key Takeaways From The SEC’s 3rd Crypto Roundtable Focusing On Custody Issues

Key Takeaways From The SEC’s 3rd Crypto Roundtable Focusing On Custody Issues

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a recent roundtable hosted by the US Securities and Exchange Commission’s (SEC) Crypto Task Force, industry leaders gathered to discuss the crypto custody for broker-dealers and investment advisers.  Ryan Louvar, Chief Legal Officer and Head of Business and Legal Affairs for

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From vision to 36 million users: MEXC celebrates 7 years of exponential growth

From vision to 36 million users: MEXC celebrates 7 years of exponential growth

MEXC witnessed impressive growth throughout 2024, with its global user base soaring to 36 million. The platform recorded a 143% increase in Spot trading volume and a 118% jump in Futures trading volume. According to TokenInsight’s industry report, MEXC’s market share surged from 2.4% in 2023 to 11.6% in 2024. MEXC,

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