Bitcoin has plummeted nearly 9% from its all-time high of US$124,457 reached on 14 August, now trading at approximately US$112,733. Major cryptocurrencies including Ethereum, XRP and Solana have all suffered significant losses of 7-8% over the past week. Institutional investors are hedging their bets with massive ETF liquidations, including US$925.7Continue Reading

Bitwise CIO Matt Hougan projects Bitcoin to be the top-performing asset over the next decade. He forecasted 28.3% annual growth between 2025 and 2035; highlighting a strong diversification potential. Institutional interest is rising as spot ETFs and platform approvals bring new demand into the market. In the latest Weekly CIOContinue Reading

The YZY token, launched by Kanye West (now legally Ye), experienced extreme volatility on the Solana blockchain, surging to a $3 billion market cap within 40 minutes before crashing. The collapse was followed by widespread allegations of insider manipulation, with on-chain data showing that insiders controlled as much as 94%Continue Reading

Bitget integrates Chainlink Proof of Reserve for BGBTC verification. Users gain real-time assurance that assets are fully backed. Integration strengthens trust after market volatility and reserve concerns. Bitget has integrated Chainlink’s Proof of Reserve on Ethereum to provide continuous verification for its wrapped Bitcoin token, BGBTC. This adoption ensures thatContinue Reading

Japan is expected to approve its first yen-pegged stablecoin this year through the Financial Services Agency to help stabilise the local financial system. South Korea’s Financial Services Commission plans to introduce a won-pegged stablecoin bill as early as October, working alongside the Virtual Asset User Protection Act. China is reportedlyContinue Reading

The Federal Reserve’s latest minutes reveal a rare split decision, with Governors Christopher Waller and Michelle Bowman dissenting from the majority by advocating for a 25 basis-point rate cut. Despite the Fed’s cautious stance, Bitcoin and Ethereum shrugged off an initial dip, with Ethereum heavily outperforming BTC and regaining aContinue Reading