South Korea has opened a legal pathway for tokenized securities backed by domestic underlying assets, such as money market funds (MMFs), to be issued and sold in overseas blockchain markets. The move follows a recent interpretation by the Financial Services Commission (FSC) indicating that such offerings would not violate the country’s Electronic Securities Act, provided
The Indian crypto market has long been connected to active trading and short-term bets. But now, the focus is slowly shifting as more wealthy investors begin to enter the space. High-net-worth individuals (HNIs) have started seeing crypto as a long-term investment rather than a trading option. According to BitDelta India CEO Vikaas Sachdeva, HNIs and
Eleven wallet addresses associated with the crypto options trading platform BIT, formerly known as Matrixport, have closed out a combined $419 million in long positions across Bitcoin and Ethereum, locking in approximately $55.1 million in realized profit, according to on-chain data shared by analyst ai_9684xtpa. Details of the Position Closures The closures, which occurred over
Copper, the cryptocurrency custody firm that was once valued at as much as $2.5 billion, is attracting interest from potential buyers, but at a price tag way below the $500 million Cantor Fitzgerald was marketing the firm at only a few months ago, according to three people with knowledge of the matter. The London-based company,
InterPlanetary File System (IPFS) maintainer Shipyard will wind down its engineering, maintenance and infrastructure operations on Sept. 30 after Protocol Labs declined to renew its funding. The funding loss will leave projects including Kubo, Helia, Boxo, Rainbow, IPFS Desktop and IPFS Companion without dedicated maintainers, Shipyard said in a Monday blog post. IPFS is an
Datavault AI reaches its Nasdaq minimum bid-price deadline on Aug. 24, with DVLT 68% below the exchange’s $1 threshold and no disclosed decision on whether the company will receive more time or a delisting notice. DVLT’s last sale was $0.3186 on Aug. 21, according to Nasdaq’s official quote feed. Nasdaq historical data showed every close/last
Short Sellers Squeezed for $282 Million in Liquidations Bitcoin continued its rally, breaching $81,000 as optimism grows over a broader bull market. The digital currency’s latest surge came hours after it nearly crossed $80,000 on reports that the U.S. Treasury plans to use a $950 billion General Account to fund bond purchases. According to data
Bitcoin crossed $80,000 on Aug. 25 for the first time in almost 15 weeks, extending one of its strongest short-term advances since 2021. The cryptocurrency traded near $80,500 at press time, according to the crypto.news market data. It reached an intraday high above $81,000 after gaining roughly 28% over eight days. The advance has added
A quiet corner of the Bitcoin market just delivered a loud signal. Two wallets, likely controlled by the same large holder, unwound their long positions after nearly two months and walked away with $11.6 million in profit. The timing of this Bitcoin whale exit — coming amid thin trading volume and a market searching for
As of August 25, 2026, the Bitcoin price is trading at $80,894 on the daily chart, sitting just below the upper Bollinger Band and pushing into territory not visited previously this cycle. The move caps what CNBC described as crypto’s biggest three-day rally since 2023. $BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Key