What’s happening in the cryptocurrency world today? Let’s check out the biggest crypto news!
Gemini has expanded its European services, allowing EEA-based users to stake Ethereum and Solana, as well as trade USDC-denominated perpetual contracts.
This follows the exchange securing its MiCA license, enabling operations across 30 European countries. Gemini is also planning a US IPO, aiming to raise $317 million.
Read our full coverage of the story here for all the latest updates.
Pump.fun (PUMP) has gained 30% over the last 7 days. On Sept. 5, it is trading around $0.0046. It is more than 70% above its lowest point observed in August.
The rally this week is mainly related to the Pump.fun’s buyback of around $12 million worth of PUMP tokens.
Technicals show that $0.0058 can be the next target for the PUMP token.
Tron founder Justin Sun urged World Liberty Financial to remove his “unreasonably frozen” WLFI tokens from a blacklist.
“I have contributed not only capital but also my trust and support for the future of this project. My goal has always been to grow alongside the team and community, and to jointly build a strong and healthy WLF ecosystem,” Sun explained.
He emphasized that his WLFI tokens were purchased in the same way as any others.
Meanwhile, World Liberty Financial hasn’t made any official comments on the token blacklisting.
South Korea’s Financial Services Commission (FSC) has set new rules for crypto lending. Interest rates are now capped at 20%, and leveraged lending is banned. Only the top 20 tokens by market cap or those listed on at least three won-based exchanges can be lent.
Exchanges also have to make sure that first-time borrowers complete online training and suitability tests by the Digital Asset eXchange Alliance (DAXA). The move aims to tighten oversight and protect investors.
AAVE is in the red zone today. The coin is trading at $310, which means that it is down 4% on Sept 5. The market cap stands at $4.72 billion.
