CZ Backs Crypto License Passporting Across ASEAN
Binance co-founder Changpeng “CZ” Zhao backed crypto license passporting across ASEAN, arguing that firms regulated in one market should be able to enter others through a simplified approval process rather than applying from…
Why Brazil’s Booming Crypto Market Needs Urgent Oversight
Key TakeawaysAn IMF report revealed Brazil’s crypto flows outpace traditional capital, driving calls for strict oversight.The IMF warned Brazil lacks asset segregation and Travel Rule enforcement, leaving crypto users at risk.Tight links…
Ether Breaks Above $1,900 Taking Bears By Surprise. Is $2,100 Next?
Key takeaways:Despite ETH’s price gains, weak onchain activity and low DEX volumes signal trader caution.Record Ethereum staking at 34% reduces sell pressure, yet sustained upside needs external catalysts.Ether (ETH) tested the $1,950 mark…
ONDO crypto traders are betting big on leverage – Is $0.45 or $0.35 next?
Ondo Finance is on the verge of clearing all July losses. The altcoin rebounded from a $0.37 slip, successfully held $0.4, and touched a local high of $0.41.
As of this writing, ONDO was trading around $0.406, after slightly rising by…
CFTC Warns Prediction Markets Over Vague Self-Certification
For the second time this year, the US Commodity Futures Trading Commission (CFTC) issued a warning to prediction markets operators to follow the rules when creating contract certifications that operators consider cover a broad swath of…
BitMart Faces Withdrawal Complaints Following Wind-Down Announcement
Withdrawals from crypto exchange BitMart appeared to slow after it announced plans to wind down its operations. On Monday, blockchain analytics account Lookonchain reported that only 58 wallets withdrew about $805,000 in over 24 hours. It…
U.S. Spot Bitcoin, Ethereum ETFs Post Net Outflows as Institutional Demand Cools
TL;DR
U.S. spot Bitcoin ETFs recorded $240 million in net outflows on July 24.
Spot Ethereum ETFs lost $70.62 million, ending a five-day inflow streak.
The combined withdrawals totaled more than $310 million in a single…
Is Ethereum price nearing a bottom? THREE signals point to a shift
Ethereum has been cheap since February, as it was trading below its overall cost basis at $2.3k. More holders were at a loss, and the recent rally to $1,920 and subsequent reset lower meant sellers still have the upper hand in the…
Bitcoin advocacy group to join US State Department’s ‘digital freedom’ program
The Bitcoin Policy Institute and three partner organizations will be able to send employees to work alongside State Department officials to address issues including digital freedom.
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Dango Blockchain to Shut Down, Halt Perp DEX Trading
Layer-1 blockchain Dango will wind down operations by halting trading on its perpetual decentralized exchange (DEX) on Wednesday and shutting down its network on Aug. 13.“Despite our best effort, various reasons have led us to conclude…