The crypto market has lost around 3% of its total market cap today, and Bitcoin maintains its price levels at around $107,000, while Ether is trading above the $2,700 mark. The crypto fear and greed index is reading 61, which indicates that the market sentiment is greedy at present. What
Mercurity Fintech Holding (MFH), a New York cryptocurrency and financial services company, said it is raising $800 million to create a Bitcoin treasury and construct a blockchain-based financial ecosystem. The effort is part of a larger push by the company to become a top player in the new digital financial
PayPal’s bringing its U.S. dollar-backed stablecoin, PYUSD, to the Stellar blockchain—just waiting on the final approval from New York’s financial regulator. PYUSD is already live on Ethereum and Solana, but this next step is all about making it more useful in the real world, especially for faster, cheaper cross-border payments
Binance will now offer Syrian nationals to trade in cryptocurrencies following the easing of the United States and European Union sanctions last month. The natives of Syria can now leverage the platform to trade assets such as Bitcoin, as per the firm’s announcement on June 12. The decision of the
Ant International is actively seeking to get stablecoin issuer licenses in Singapore, Hong Kong, and Luxembourg. The news came to light after sources familiar with the matter revealed it to Bloomberg. As crypto regulations accelerate in global countries, institutions and firms are planning to expand their business operations by complying
World Network, the blockchain platform behind the global digital identity initiative Worldcoin, has upgraded its World Chain infrastructure with support for native USDC and Circle’s Cross-Chain Transfer Protocol (CCTP). The announcement of June 11 marks a great change in how USD Coin operates in the chain, greatly enhancing the ease,
Alchemy Pay, a crypto payments provider, is spreading its wings into real-world assets through a new collaboration with a tokenization company, Backed, the firm revealed on June 12. The payments provider has planned to introduce 55 tokenized US exchange-traded funds (ETFs) and stocks on its RWA platform through the collaboration
Singapore, once seen as a go-to spot for crypto in Asia, is now taking a tougher stance on digital assets. In a big move, exchanges Bitget and Bybit are reportedly planning to pull out of the retail crypto scene in the country. This comes after the Monetary Authority of Singapore
The meme coin market has been burning with speculation, yet not many tokens have shown the technical ability that SPX6900 (SPX) is showing right now. Following several months of consolidation and accumulation, this digital asset seems to be setting up a major breakout. This would redefine its trend and draw
An Australian financial adviser has been accused of stealing $9.6 million from clients to invest in a crypto scam, resulting in a ten-year ban. On June 11, the Australian Securities and Investments Commission informed about the scam through a statement mentioning that the accused, Glenda Maree Rogan, had shifted funds
