Thailand has moved its planned spot Bitcoin and Ether exchange-traded fund framework into the draft regulation stage, setting an 80% minimum exposure requirement while keeping domestic digital asset custodians as the primary custody option. Summary Thailand has advanced its Bitcoin and Ether ETF framework to draft regulations. Locally listed ETFs would maintain at least 80%…
XRP’s order book shows major sell pressure clustered near the $1.70 and $2.00 levels, with large buy orders just below $1.52. An analyst has claimed that large Coinbase-linked holders are pinning XRP’s price with the buy and sell walls on both sides of the market. Their thesis landed as the Ripple token hovered near…
Fortune Protocol has integrated Polymarket liquidity into Fortune Markets, adding another source of prediction markets alongside Predict.fun while giving users a single interface to compare liquidity, volume and market probabilities. Summary Fortune Protocol has added Polymarket liquidity to Fortune Markets alongside Predict.fun. Users can compare liquidity, trading volume and probabilities across markets in one interface….
Strategy’s average Bitcoin purchase price remains above $75,000, keeping the position sensitive to further price moves. Michael Saylor’s Strategy swung an unrealized loss of more than $9.5 billion to a paper profit above $4.7 billion in just seven days. The reversal follows Bitcoin’s climb from the low $60,000s to above $80,000 over the same…
A federal jury has convicted Block Bits Capital co-founder Japheth Dillman of wire fraud and conspiracy after prosecutors said more than 20 investors lost nearly $1 million in a fraudulent cryptocurrency trading fund. Summary Japheth Dillman was convicted of defrauding more than 20 Block Bits Capital investors of nearly $1 million. Investors were told the…
It took a few attempts, but BTC finally did it earlier this morning. Bitcoin’s price revival that began last Wednesday culminated, at least for now, a few hours ago when the asset soared past $80,000 for the first time since mid-May and tapped a multi-month peak above $81,000. Analysts were quick to pick up…
Standard Chartered Bank Hong Kong became the first bank to distribute HKDAP on Aug. 24, giving eligible institutional clients and partners access to Hong Kong’s first live regulated local-currency stablecoin. Summary Standard Chartered became HKDAP’s first bank distributor, extending access to eligible institutional clients and partners. Anchorpoint holds one of two stablecoin issuer licences granted…
The analyst says a drop below $1,388 could undermine the technical setup behind the long-term bullish thesis. Ethereum (ETH) could reach $20,000 in the next few years, according to Credible Crypto. The premise for his thesis lies in ETH’s trading range of five years, weak relative performance vis-à-vis Bitcoin (BTC), as well as a…
The U.S. Treasury Department has launched Operation Economic Outcast to target Iran’s international financial links, including cryptocurrency activity that American officials say supports sanctions evasion and the Islamic Revolutionary Guard Corps. Summary Operation Economic Outcast covers cryptocurrency, technology, gold, aviation, shipping and other financial channels. OFAC can sanction people operating in Iran’s crypto sector, regardless…
“You might not like this, but the real value of ZEC lies below $500,” one market observer stated. ZEC is one of the best-performing top 100 cryptocurrencies over the past week, with its price surging by nearly 65%. And while many market observers believe the bulls aren’t done yet, one analyst warned that a…
