Thailand Embraces Dollar-Backed Stablecoins The Rise of Stablecoins in Thailand Thailand has made a bold move by adding two dollar-backed stablecoins to its list of regulated cryptocurrencies. This decision comes at a time when global stablecoin adoption is gaining momentum, signaling a shift towards more mainstream acceptance of digital assets.
Asset Manager REX-Osprey Plans to Launch ETF for Movement Network’s Token Introduction REX-Osprey, an asset manager, recently announced its intention to introduce an exchange-traded fund (ETF) specifically designed to hold the Movement Network’s native token, MOVE. This move comes following the launch of Movement’s public mainnet beta, marking a significant
Bitcoin’s Paradox: A Safe Haven in an Eroding Economy The Striking Paradox Bitcoin, often seen as a safe haven against the failures of traditional currencies, is experiencing a striking paradox. While the US dollar is eroding at an unprecedented rate over the last 12 years, the crypto king stumbles. The
Dogecoin (DOGE) Faces Significant Decline What’s Causing the Drop? Dogecoin (DOGE) has experienced a dramatic decrease in value, losing 57% of its worth in just three months. This decline can be attributed to large holders selling off their positions, leading to a downward spiral in the coin’s value. While Dogecoin
The Price of Toncoin Continues to Fall Recent Developments The price of Toncoin (TON) has been steadily declining in recent months, reaching a low of $2.81. This downward trend has many investors worried as the cryptocurrency is now approaching its lowest price of $2.00. Potential Reasons for the Price Drop
Strategy Announces Plans to Raise $21 Billion in Series A Preferred Stock for Bitcoin Acquisition Overview Strategy, formerly known as MicroStrategy, has made headlines with its recent announcement to raise $21 billion through its Series A preferred stock (STRK) in order to acquire more Bitcoin. In a statement released on
The potential impact of DOJ’s sell-off on Bitcoin’s stability Introduction The recent drop in Bitcoin’s price has sparked speculation over the Department of Justice’s possible sell-off. This move has raised economic concerns and could exacerbate market volatility, impacting not only Bitcoin’s stability but also investor confidence. Market volatility and Bitcoin
Welcome to our Blog! Thailand’s Financial Regulator Approves Tether and USD Coin for Trading Thailand’s financial regulator, the Securities and Exchange Commission (SEC), has recently expanded its list of approved cryptocurrencies. In a move that aims to keep up with the growing demand for stablecoins in crypto trading and payments
The Future of Futures Trading The Rise of Perpetual-Style Contracts Recently, a major exchange made waves in the financial world by announcing the development of a “first of its kind perpetual-style futures contract with long dated expirations.” This innovative new product has the potential to revolutionize the way traders approach
Last week in the Crypto World Historic Events Last week was truly historic in the world of cryptocurrencies. We witnessed the establishment of the Strategic Bitcoin Reserve (SBR) and Digital Asset Stockpile (DAS), marking a significant milestone in the industry. In addition to this groundbreaking development, there was also the
Digital Asset Investment Products Experience Fourth Consecutive Week of Outflows Overview In the latest report from CoinShares, it has been revealed that digital asset investment products have continued their losing streak for the fourth consecutive week, with outflows amounting to $876 million. James Butterfill, who serves as the head of
The Impact of Trump’s Failures on the Stock Market The Price Action and Market Reacts The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession. Investors were spooked by the uncertainty surrounding Trump’s economic policies
Major Financial Institutions Ready to Launch Stablecoins for Cross-Border Payments The Rise of Stablecoins in the Financial Industry Several major financial institutions are gearing up to launch their own stablecoins as they eye the lucrative cross-border payments market. This move comes as no surprise as stablecoins have been gaining popularity
Understanding Cryptocurrency Price Forecasts The Discrepancy Between Forecasted and Actual Prices Juxtaposing the price forecasts made in late 2024 with the actual trading in the first quarter (Q1) of 2025 reveals that the cryptocurrency market has not been performing as expected. Many analysts and experts had predicted a significant increase
Bitcoin Price Could Retest $78,000, Warns Arthur Hayes Bitcoin’s Volatility Intensifies as Open Interest in Options Grows Recently, Arthur Hayes, co-founder of BitMEX, has issued a warning that Bitcoin’s price could retest $78,000 with a potential drop to $75,000 if support fails. This comes as open interest in BTC options
Ethereum Sees Massive Whale Buying and the Biggest Exchange Outflow Since 2022 What Does This Mean for the Cryptocurrency Market? Despite the heightened market gloom, Ethereum has experienced a surge in whale buying and the largest exchange outflow since 2022. This sudden influx of interest from large investors has sparked
Get notified about market movers
