[ad_1] The South Korean Financial Services Commission has enacted a new set of guidelines, allowing the Asian country’s citizens to engage in cryptocurrency transactions. The latest development marks a landmark decision, setting June 2025 as the date when the new rules will kick in. According to reports, the Commission will allow non-profit corporations and virtual asset exchanges to sell digital assets. However, exchanges must structure their trading processes to minimize market impact when selling. In the meantime, the Commission will create a “Donation Review Committee” charged with supervising external audit corporations engaging in digital asset transactions. Background and Audit Firm…
Author: NBTC
[ad_1] Crypto markets face a busy schedule of token unlocks this week, putting traders on alert. These events often drive volatility, as over a dozen projects prepare to release large token amounts. The market impact stems from supply and demand: large unlocks increase available supply, potentially pushing prices down. The actual effect depends on the unlock size versus currently trading tokens. Top 10 Biggest Token Unlocks in the Next 7 Days[Apr 18-24 2025]$TRUMP, $ZKJ, $SAROS, $PLUME, $UXLINK, $IMX, #MELANIA, $SCR, $OBT, $SOSO🔗 @CryptoRank_io pic.twitter.com/W5sKKz6Jgt — TOP 7 ICO | Crypto News & Analytics (@top7ico) April 17, 2025 Which Tokens Have…
[ad_1] Senate Democrats, led by Sen. Gallego, signaled opposition to advancing the current stablecoin (GENIUS Act) bill. Concerns stem from President Trump’s increasing personal financial ties to crypto ventures (memecoin, family-linked stablecoin). The legislative stall threatens not only the stablecoin bill but also progress on broader crypto market structure rules. The path forward for landmark stablecoin legislation in the US Senate has hit a significant snag, as key Democratic lawmakers express reservations linked directly to President Donald Trump’s growing personal and financial connections within the cryptocurrency industry. What was recently seen as a bipartisan effort now faces political headwinds, potentially…
[ad_1] U.S. spot bitcoin exchange-traded funds amassed $3.06 billion in inflows last week, according to newly published figures. Meanwhile, Blackrock’s IBIT fund edges closer to the 600,000 BTC threshold, requiring just 11,314 BTC to eclipse this significant benchmark. Three Bitcoin ETFs Now Hold Almost 1 Million BTC Combined Data compiled by sosovalue.com reveals that since Jan. 11, 2024, U.S. spot bitcoin ETFs have attracted $38.43 billion in inflows, with last week’s addition contributing $3.06 billion to that total. On Friday alone, Blackrock’s IBIT garnered $240 million, further bolstering its reserves. As of April 27, 2025, figures drawn from Blackrock’s own…
[ad_1] In the ever-dynamic world of cryptocurrency, even seemingly small transactions can send ripples across the digital landscape. Recently, a crypto project with notable ties has caught the attention of eagle-eyed observers. World Liberty Financial (WLFI), a venture associated with the Trump family, has made headlines for a substantial transfer of USDC. But what exactly happened, and why is the crypto community buzzing about it? Let’s dive into the details of this intriguing crypto movement. Decoding the $333K USDC Transfer by World Liberty Financial According to a post by Onchain Lens on X (formerly Twitter), World Liberty Financial (WLFI) executed…
[ad_1] Senate Majority Leader John Thune (R-SD) has acknowledged that Republicans would need to seek a more open stance with Democrats if the party hopes to advance the U.S.’s first comprehensive federal regulatory framework for dollar-pegged digital assets. With a full floor vote looming on the GENIUS Act before Congress’ August recess, pressure for a compromise is mounting as partisan tensions surrounding the landmark legislation threaten to boil over. “Changes can be made on the floor for sure,” Thune said, speaking to reporters from Congress on Monday, as first quoted by Politico. Thune said he’s “waiting to see what it…
[ad_1] Bitcoin has signaled notable bullish strength by breaking above both the 100 and 200-day moving averages at $90K. However, as the price approaches the critical $100K psychological threshold, a temporary consolidation phase is expected before any further breakout. Technical Analysis By Shayan The Daily Chart Bitcoin has recently notched a strong bullish signal, staging a major market shift driven by substantial buying pressure. This rally has propelled the price above a critical resistance zone, reclaiming both the 100 and 200-day moving averages at $90K — a key indication of buyers’ dominance. Currently, BTC is approaching the psychological $100K threshold,…
[ad_1] Spark, an on-chain capital allocator embedded in the recently rebranded Sky, formerly MakerDAO, ecosystem, says it has committed an additional $1 billion to tokenized real-world assets (RWAs), specifically those backed by U.S. Treasury securities. The expansion brings Spark’s total value locked (TVL) to $2.4 billion, making it the leading on-chain allocator, per DeFiLlama data. The allocation follows the conclusion of Spark’s “Tokenization Grand Prix,” a months-long initiative that awarded capital to three RWA protocols: BlackRock/Securitize’s BUIDL, Superstate’s USTB, and Centrifuge-Anemoy’s JTRSY. “The expanded capital base comes at a time of growing institutional and retail momentum in onchain finance, particularly…
[ad_1] Meme coins’ hot streak cooled dramatically in Q1 2025. This sharp drop happened as investor interest faded and a major scandal hit the highly speculative market. CoinGecko’s Q1 report cited the main trigger: LIBRA’s sudden collapse. When this political meme coin tied to Argentina’s President Milei imploded, the fallout caused activity on Solana’s Pump.fun platform to drop over 56.3% from its January high. What Fueled the Initial Meme Coin Surge? Political hype fueled the early 2025 meme coin surge. Specifically, the launches of official TRUMP and MELANIA tokens created a major frenzy on Solana. This activity peaked with a…
[ad_1] The Supreme Court of India has been heavily criticized for not having a clear regulatory framework for digital currencies. The Court claimed that Bitcoin trading in India is similar to a more sophisticated version of the Hawala system The Supreme Court of India has contrasted Bitcoin trading in India to a more lustrous form of Hawala on May 5. Talking about Hawala, it is an illegal money transfer system.The Court further condemned the Centre for not having clear rules for digital currency till now. As per the reports from PTI, Shailesh Babulal Bhatt was arrested by police for reportedly…