JPYC has raised a total of 6 billion yen ($38 million) through an extended Series B round, adding fresh corporate backing as the Japanese stablecoin issuer expands its payment network and Web3 financial services. Summary JPYC has raised 6 billion yen ($38 million) in an extended Series B round to expand its stablecoin ecosystem. AZ…
The analyst compared XRP’s current consolidation to its 2022 bottoming phase rather than a breakdown in its long-term trend. Chart analyst ChartNerd flagged an 8.5-year cup-and-handle pattern on XRP this week, arguing that the token is nearing the 0.618 Fibonacci retracement level that could set up a long-term move toward $8, $13, and $27….
Russian President Vladimir Putin signed a comprehensive digital asset law on Aug. 4, creating a regulated route for retail and qualified investors to trade cryptocurrencies through approved intermediaries. Summary Russia will allow tested retail investors to buy liquid cryptocurrencies through regulated intermediaries from September. Nonqualified investors face a 300,000 ruble annual purchase cap through each…
Senator Cynthia Lummis is pressing the Senate to vote on the CLARITY Act before its August recess as bipartisan negotiations continue over several unresolved provisions. Summary Lummis said lawmakers are negotiating the bill daily as the Senate’s legislative window narrows. Talks remain focused on CFTC authority, ethics rules, illicit finance and stablecoin yield. The legislation…
Lido DAO price rebounded more than 5% on Thursday as holders voted on the NEST automated buyback system, although concerns over Ethereum’s proposed staking changes kept LDO under pressure. Summary Lido DAO price rose 5.2% in 24 hours after briefly falling to $0.2757. The token remains down 16.7% over seven days but has gained about…
Most of the Bitcoin stolen through the COLDCARD wallet flaw remains unmoved, but on-chain investigators have detected a separate attacker beginning to route smaller amounts through a mixer. Summary The largest known COLDCARD attacker controls 1,159 BTC across seven addresses. None of the 1,159 BTC has entered mixers or been transferred to an identifiable cash-out…
LINK’s latest setup combines shrinking exchange supply, rising whale activity, and improving fundamentals, while traders await a confirmation. Chainlink recorded 1.26 million tokens in net exchange outflows over 24 hours. This was the largest daily outflow since June 29. Santiment said the drop in exchange supply means fewer LINK tokens are available for quick…
Pi Network price gained more than 10% this week as rising volume, the Protocol 26 upgrade, and a new RoboPay integration improved short-term demand. Summary Pi Network price gained more than 10% this week, with trading volume rising 75% to $11.5 million. The token is testing resistance between $0.0882 and $0.0900 on the 4-hour chart….
According to Michael van de Poppe, a breakout above $76 could trigger a rally to as high as $120. Solana’s native token has been bleeding heavily over the past few months, mirroring the broader cryptocurrency market’s weakness. Some analysts believe a resurgence remains a plausible option as long as the price stays above certain…
The CLARITY Act missed a key procedural opening after Senate Majority Leader John Thune filed cloture on several other measures while bipartisan negotiations over the crypto bill continued. Summary Thune did not file cloture on the CLARITY Act, narrowing its pre-recess path. The Senate instead prioritized spending legislation, nominations and a college sports bill. Disputes…
