📈 Market at a Glance South Korea’s stock market has shot to the top in Asia during the first half of 2025—driven almost entirely by a landmark crypto frenzy. The Kospi Composite Index, up nearly 30% year-to-date, now ranks as Asia’s strongest stock market, thanks to investor fervor over government-backed digital assets. 1. Government Driving…
Amsterdam-based crypto exchange Bitvavo has officially been granted a Markets in Crypto‑Assets (MiCA) license by the Dutch Authority for the Financial Markets (AFM), marking a major milestone in its expansion strategy across the European Economic Area (EEA). 🌍 What’s the Big Deal? 🔍 Behind the Scenes 📊 Why It Matters Impact Area Insight Investor confidence…
Date: June 28, 2025 After nearly five years of courtroom drama, Ripple Labs has announced a major pivot: it will withdraw its cross-appeal in its protracted dispute with the U.S. Securities and Exchange Commission (SEC). CEO Brad Garlinghouse formally confirmed the move on X, stating, “We’re closing this chapter once and for all, and focusing…
🔍 Overview Former President Donald Trump continues to stir controversy in the crypto space—his personal financial stakes and industry involvement have sparked a new wave of Democratic backlash, even from lawmakers who typically support digital assets. 🏛️ Core Developments ⚖️ Ethical and Political Flashpoints 🌐 Legislative Context 🎙️ Key Voices 🔮 Implications Ahead 🗓️ What…
Metaplanet has again beefed up its Bitcoin holdings. According to the Tokyo-listed investment firm, it bought 1,111 BTC on Monday for about $118.2 million. The average price paid was roughly $106,408 per coin. Bitcoin has fallen more than 5% over the last week, trading just above $101,000. Performance Metrics Climb Higher Metaplanet’s own numbers show…
Former Coral Capital executives aim to raise $100 million to acquire BNB tokens through a Nasdaq-listed company. BNB’s price could surge amid the fresh institutional interest, with this set to mirror the Bitcoin treasury trend. The token’s value could spike to above $700 amid bullish sentiment, though primary support is around $550. BNB is slightly…
XRP Ledger TVL dropped 12.5% to US$54.2 million. Open interest fell 36%, funding rates turned negative. Death cross and descending triangle indicate more downside. XRP is facing renewed downside pressure as a combination of geopolitical instability, regulatory uncertainty, and weakening network metrics push the token closer to a critical breakdown. The cryptocurrency, once buoyed by…
Bitcoin Magazine ECD Automotive Design Secures $500M Facility to Acquire Bitcoin ECD Automotive Design, Inc. (NASDAQ: ECDA), the world’s largest Land Rover and Jaguar restoration company, has announced today the signing of a $500 million equity facility to accumulate Bitcoin as a primary reserve asset and fund corporate growth and expansion initiatives. JUST IN: ECD…
BNB saw a modest gain of 2% in the past 24 hours, pushing past $627 before settling with firm support at $616.55. The move comes as the BNB Chain, the blockchain tied to BNB, saw its daily transactions nearly double to 17.6 million since mid-May, according to data from DeFiLlama. Crypto markets have been jittery…
Midnight Network, a privacy-focused blockchain leveraging zero-knowledge smart contracts, published its tokenomics paper and unveiled its ‘Glacier Drop’ airdrop mechanism in advance of claims for the native NIGHT token starting next month. The project said Glacier Drop is a novel process that allocates all NIGHT tokens to users across eight major blockchain ecosystems and rolls…
