Key takeaways: Bitcoin’s RSI has dropped 15% and is now below the overbought threshold. Bitcoin futures flip bearish with a 43% decline in perpetual CVD. Analysts predict Bitcoin could reach $150,000 as long as a key support level holds. Bitcoin’s (BTC) price hit fresh all-time highs of nearly $112,000 on May 23, gaining 50% from […]
Luxembourg classified virtual asset service providers (VASPs) as high-risk entities for money laundering in its 2025 National Risk Assessment (NRA), highlighting concerns over the crypto industry’s exposure to financial crime. According to the report, the inherent risk level of VASPs is deemed “High,” driven by factors including transaction volume, client reach, distribution channels, legal structures […]
Former U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, known as “Crypto Dad,” has joined Sygnum Bank as Senior Policy Advisor, as announced on May 27, 2025. Giancarlo, who was a strong advocate for open markets and balanced regulatory frameworks during his tenure at the CFTC, will leverage his experience in regulatory matters […]
Japanese investment firm Metaplanet’s Bitcoin premium has reached almost $600,000 per coin, as Asia’s leading Bitcoin treasury firm pushes forward with its plan to purchase 21,000 BTC by 2026. Metaplanet’s stockholders are paying more than a fivefold premium on Bitcoin (BTC) when investing in the Japanese company, according to a report by 10x Research published […]
Japanese investment firm Metaplanet’s Bitcoin premium has reached almost $600,000 per coin, as Asia’s leading Bitcoin treasury firm pushes forward with its plan to purchase 21,000 BTC by 2026. Metaplanet’s stockholders are paying more than a fivefold premium on Bitcoin (BTC) when investing in the Japanese company, according to a report by 10x Research published […]
Crypto exchange Bitget has entered the expanding market for crypto investment products with the launch of BGUSD, a yield-bearing stable asset backed by tokenized real-world assets. The company announced that BGUSD offers an annual yield of 4%, which is credited daily to users’ spot accounts. Subscriptions to BGUSD can be made using either USDC (USDC) […]
Crypto exchange Bitget has entered the expanding market for crypto investment products with the launch of BGUSD, a yield-bearing stable asset backed by tokenized real-world assets. The company announced that BGUSD offers an annual yield of 4%, which is credited daily to users’ spot accounts. Subscriptions to BGUSD can be made using either USDC (USDC) […]
Blockchain.com is stepping up its presence in Africa, targeting markets where governments are beginning to implement crypto regulations. The UK-based exchange plans to open a physical office during the second quarter in Nigeria — its “fastest-growing market” in West Africa — along with broader expansion efforts in Ghana, Kenya and South Africa, according to a […]
The digital ruble payments bill, which has already been approved in its first reading by the State Duma, introduces the concept of a universal code that will facilitate digital currency disbursements, giving banks and retail outlets three years for implementation. Digital Ruble Massification Bill Discussed by Russian State Duma More and more countries are introducing […]
Why are central banks looking at blockchains? Central banks are tiptoeing into the world of blockchain not because it is fashionable but because every part of the money-making machine, from settlement rails to asset custody, is slowly being rewritten as code. The financial industry is already tokenizing money-market funds, Treasurys and even bank deposits. According […]
MYEG, a Malaysian e-government and digital services provider, has signed a Memorandum of Understanding (MoU) with Sgtradex, Singapore’s national digital infrastructure for trade data exchange, to facilitate seamless blockchain-powered trade between Malaysia and Singapore. The agreement, signed at the ASEAN-GCC-China CEO Roundtable, aims to enhance digital connectivity in the ASEAN region by enabling interoperable, cross-border […]
Kenneth Rogoff, former chief economist of the IMF, has argued that bitcoin flows are already affecting the use of the dollar in the so-called “shadow economy.” This, consequently, is causing troubles for the U.S. economy, by propping up interest rates. Former IMF Chief Economist Claims Bitcoin Is Substituting the Dollar in the $25T Shadow Economy […]