Author: WebDesk
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A South Korean lawmaker has introduced a comprehensive bill aimed at establishing a more structured regulatory environment for crypto assets in the country. The proposed legislation, known as the Digital Asset Basic Act, was announced Tuesday by Min Byeong-deok, a member of the ruling Democratic Party. The bill is designed to complement the Virtual Asset Investor Protection Act, which took effect in July 2024, by going beyond investor safeguards to define a broader legal foundation for digital asset activity. Aligning with Global Stablecoin Trends At a press…
While most of the top cryptocurrencies, Bitcoin included, seemed to be staging a recovery and returning to the green, XRP price slipped into the red zone. It dropped to 2.28 when Ripple Labs has just announced a major partnership deal with Guggenheim Partners. With the sentiment in the markets improving, this unexpected drop is leaving many traders caviling. From a technical perspective, however, there is still some good news for XRP’s holders, as they believe it is currently capped above $2.25, which is a crucial fibonacci retracement level and an important support area. XRP historically tends to rebound from this region—proof that…
An analyst has pointed out how Toncoin (TON) is currently trading inside a Triangle pattern that could potentially set the stage up for a 40% move. Toncoin Has Been Stuck Inside A Triangle On The Daily Timeframe In a new post on X, analyst Ali Martinez has talked about a pattern that Toncoin has recently been moving inside. The pattern in question is a Triangle from technical analysis (TA), which forms when an asset’s price observes consolidation between two converging trendlines. The upper line of the pattern is likely to be a source of resistance in the future, while the…
The XRP Ledger is now home to a groundbreaking new offering: Digital Commercial Paper (DCP). This innovative fixed-income asset is fully backed by U.S. Treasuries and carries a top-tier Prime-1 rating from Moody’s. Ripple Highlights XRP Ledger’s Role as Guggenheim Modernizes Commercial Paper Issuance Ripple announced on June 10 that Guggenheim Treasury Services, a subsidiary […] Credit: Source link
The cryptocurrency world is shifting rapidly, with legacy players like Binance Coin (BNB) remaining dominant even as emerging contenders like Qubetics ($TICS) make waves in the presale market. Looking ahead to 2030, buyers are asking a vital question: Where is BNB headed, and how might promising newcomers impact the long-term outlook? This BNB price prediction 2030 article dives into expert forecasts, monthly price trends, and broader market conditions expected to shape BNB’s value in the coming years. Also, explore the rising momentum of Qubetics, whose presale is nearing its final stages and whose analysts forecast a massive post-mainnet surge. Both…
While various U.S. states are passing bills to form a strategic Bitcoin reserve (SBR), Connecticut passed a new legislation to ban state investment in Bitcoin on June 11, 2025. Connecticut Says No To Bitcoin Connecticut has passed HB 7082, which is a major update to its money transmission laws with strict new rules for crypto businesses and payment apps. NEW: Connecticut passes law to ban state investment in bitcoin. HB7082 prohibits the state from accepting, holding, or investing in any virtual currencies. It also imposes several new requirements on money transmitters. pic.twitter.com/lKozljMp1R — Bitcoin Laws (@Bitcoin_Laws) June 10, 2025…
According to the latest report, the U.S. Securities and Exchange Commission (SEC) has taken a huge step, which many crypto enthusiasts consider to be one step closer towards approving Solana (SOL) ETFs. The new directives from the SEC have requested updated filings from issuers and shown an openness to including staking rewards in the funds. “Get ready for a potential Alt Coin ETF Summer with Solana likely leading the way (as well as some basket products) via @JSeyff note this morning, which includes fresh odds for all the spot ETFs,” Eric Balchunas stated in X. According to the latest report,…
Today, the Executive Chairman and CEO of Strategy Michael Saylor commented on the company’s aggressive Bitcoin-based strategy in a recent interview at Bloomberg, emphasizing that Bitcoin is not going to zero, it is going to $1 million. “I think we’re in a digital gold rush and you’ve got ten years to acquire all your bitcoin before there’s no bitcoin left for you,” Saylor said. “The competition is a virtuous competition.” Saylor also said that Bitcoin is not going to have bear markets anymore and the price is going to $1 million per coin. “Winter is not coming back,” commented Sayor.…
U.S. stocks held steady Tuesday as a second day of trade talks between the U.S. and China got underway in London. The Dow Jones Industrial Average gained 0.25%, or 105.11 points whille the S&P 500 gained 0.55%. The Nasdaq index outperformed with a 0.63% gain and is now approximately 285 points away from reclaiming the 20,000 leve. Commerce Secretary Howard Lutnick described U.S. – China trade negotiations as going “really, really well,” suggesting a resolution may be close. Export controls remain central to discussions. U.S. officials are seeking Beijing’s release of rare earth materials, while China is pressing for eased…
The United States Securities and Exchange Commission (SEC) has requested prospective fund managers seeking to offer spot Solana (SOL) exchange-traded funds (ETFs) to amend their S-1 forms within the next week. According to people familiar with the matter, the U.S. SEC intends to make comments on the amended submission of the S-1 forms within the next 30 days.The agency has, ostensibly, requested the prospective spot Solana ETF issuers to update their submissions in regards to the in-kind redemptions. Additionally, the agency requested the fund managers to update their filings accordingly on the staking approach. Spot Solana ETF Approval Imminent?As Coinpedia reported,…