Kakao-backed blockchain Kaia joins South Korea’s stablecoin race as the tech giant’s payments app surges 30% on the stock market. Layer-1 blockchain Kaia has pledged to launch a South Korean won-based stablecoin following the Wednesday inauguration of President Lee Jae-myung, a left-leaning politician whose campaign included a series of crypto-friendly promises. Launching a won-based stablecoin...Continue Reading

Improvements in Coinbase’s machine learning models and infrastructure helped to cut the number of unnecessary account restrictions. Coinbase CEO Brian Armstrong said the crypto exchange has reduced unnecessary user account freezing by 82%, after identifying it as a “major issue.” In a June 6 X post, Armstrong acknowledged that account freezing has been a problem...Continue Reading

Bitcoin analysts say BTC price could drop in the short term before initiating a rally to all-time highs above $140,000. Key takeaways: Bitcoin price may dip toward the $100,000-$104,000 range before new highs. CPI data on June 11 could trigger volatility, with higher inflation hurting Bitcoin. Read moreContinue Reading

Ether investment products saw $296 million in inflows last week despite a market slowdown, as investors await clarity from the US Fed’s June rate decision. Ether-based investment products led inflows among cryptocurrency-based investment products last week, despite an overall slowdown in investor activity as markets await clarity from the US Federal Reserve. Ether (ETH) exchange-traded...Continue Reading

Tether CEO Paolo Ardoino shared images of Bolivian duty-free goods priced in USDt, suggesting the stablecoin’s growing role as a reference currency in a struggling economy. Tether CEO Paolo Ardoino has shared photos of goods in a Bolivian airport shop priced in the company’s stablecoin, USDt, suggesting growing unofficial use of the cryptocurrency amid the...Continue Reading

Bitcoin liquidity conditions form the backdrop of a battle for BTC price support, and bull market continuation, over the coming week. Bitcoin (BTC) heads into another heavy macro week with bulls hoping that the $100,000 support retest is done. BTC price action offered some hope at the weekly close, with predictions of a return to...Continue Reading

Avalanche’s blockchain activity has increased dramatically since classic online game MapleStory got a Web3 makeover on the network. The Avalanche blockchain surpassed 1 million daily transactions twice in the span of a week, which was the first time the network hit this milestone since February 2024. Avalanche transactions topped the mark on June 1 and...Continue Reading

The Paris-based crypto company already holds $154 million worth of Bitcoin, claiming to be Europe’s first BTC treasury company. Paris-based cryptocurrency company The Blockchain Group plans to raise over $340 million for its Bitcoin treasury, signaling continued institutional adoption of crypto in Europe. The Blockchain Group, which claims to be Europe’s first Bitcoin (BTC) treasury...Continue Reading

The current memecoin market capitalization is over $60 billion, more than Tron and Cardano combined. It may not be long before Americans see the first active memecoin-focused exchange-traded funds, according to a Bloomberg ETF analyst.  There is a “really good chance” that an ETF that actively trades memecoins will exist at some point, said Bloomberg...Continue Reading

Malaysia’s crypto mining market may hit $5.13 billion in 2025, but illegal mining and a lack of regulation could limit its full potential. Rampant electricity theft by illegal miners, inconsistent policies and a lack of legal clarity may deter Malaysia from tapping the potential of cryptocurrency mining, according to an industry report released by the...Continue Reading