Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
China is weighing approval of yuan-backed stablecoins to expand global currency influence, aiming to counter the dominance of US dollar tokens.
Ethereum climbed back to the $4,300 zone as the largest Singaporean bank hints at tokenized notes on the network.
The United States has imposed steep tariffs of 57.6% on Chinese bitcoin mining equipment, creating potential liabilities exceeding $100 million for major US mining companies like CleanSpark and IREN who imported machines in 2024.
Global searches for “privacy coins” reached an all-time high of 98 points according to Google Trends, while Zcash’s shielded supply peaked at over $140 million, indicating surging worldwide demand for financial privacy solutions.
Federal Judge Jennifer Rochon lifted the freeze on LIBRA creator Hayden Davis’s crypto assets, permitting monthly transfers of tokens worth millions while he faces ongoing legal challenges in Argentina.
Kraken, Backed Finance, and TRON DAO collaborate to bring tokenized stock trading to the TRON network, making it the third blockchain integration for xStocks after Solana and BNB Chain.
China plans to review a roadmap for yuan-backed stablecoins, signaling a potential end to its crypto ban.
Coinbase’s Base has jumped well ahead of Tron and some other counterparts with $6.6 billion in DeFi deposits.
Pi Network has gained formal backing from early seed investor Ulu Ventures, even as its PI token struggles near all-time lows.
Spot Bitcoin and Ethereum ETFs recorded over $1 billion in combined outflows on August 19, marking their second-largest withdrawal day this month.
Celsius Network begins third $220M creditor payout, completing 64.9% of claims. Repayments include crypto and cash through multiple platforms.
Bullish (BLSH) stock has dropped 32% since its IPO debut, with Cathie Wood’s Ark Invest seizing a buy-the-dip opportunity.
Ethereum may see a 10% bounce as institutional demand grows and technicals remain strong. Coinbase premiums indicate a potential short-term rally.
XRP is facing a confidence crisis as whales offload 470 million tokens in just 10 days, pushing prices below $3.
Pump.fun has reached $800 million in lifetime revenue, driven largely by its 1% swap fee.