Ant International reportedly plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, signaling growing institutional cryptocurrency adoption among fintech firms. Ant International, a Singapore-based unit of the Jack Ma-backed Ant Group, is preparing to submit a license application in Hong Kong after the city’s stablecoin regulatory framework takes effect in August, according … Read more
Despite the positive news on the US-China trade front and the CPI numbers in the States, bitcoin’s price failed to capitalize and has fallen by over two grand. Most altcoins are also in the red today, with DOGE, SUI, ADA, LINK, TRX, and AVAX posting big losses. BTC Stopped at $110K After last Friday’s violent … Read more
The idle power paradox and Pakistan’s Bitcoin energy plan As of March 2025, Pakistan boasted an installed power capacity of 46,600 MW, a slight increase from the previous year. Almost 14% of this capacity remains idle, especially during off-peak winter months when demand can drop as low as 12,000 MW. The core issue here lies … Read more
A jaw-dropping collaboration between the Stellar Network and PayPal could see PYUSD integrated on the decentralised, public blockchain. PayPal’s stablecoin is expected to reap a wide array of benefits, including capitalising on the speed and low transaction cost of the Stellar Network. PayPal has announced a strategic move to integrate its stablecoin PayPal USD (PYUSD) … Read more
The second largest cryptocurrency by market capitalization, Ethereum, currently trading at $2,542.82 with a 6.71% increase over the past month, is experiencing significant capital inflows in its exchange traded funds (ETFs), which is a sign of strong institutional confidence. Despite the high gas fees and network congestion, this surge in ETF investments of $281 million … Read more
Bitcoin Bitcoin’s rally has hit resistance at the $110,000 level, prompting concerns of a short-term correction as technical and derivatives data begin flashing caution signals. Top analysts are pointing to weakening momentum and rising short pressure, even as the macro backdrop remains volatile. Van de Poppe: Correction Likely After Rejection at $110K According to Michaël … Read more
The always-on crypto market is reshaping global finance, pushing hedge funds and trading firms to look beyond traditional hours and staff desks through the weekend. Qube Research & Technologies, a global quantitative investment management firm headquartered in London, is hiring for a “Crypto | Quant Trader (Weekend Shift)” role in London, which requires weekend availability … Read more
French police have arrested several individuals suspected of being involved in the kidnapping of the father of a wealthy cryptocurrency entrepreneur last month. This incident is part of a troubling trend of kidnappings and extortion attempts targeting families of high-net-worth individuals in the cryptocurrency sector. The kidnapping occurred on May 1 in Paris, where the … Read more
Key points: Bitcoin and crypto markets stalled despite positive inflation data thanks to the US keeping tariffs on China, analysis says. $100,000 and the 2025 yearly open are key support levels going forward. Major ask liquidity remains stacked on exchange order books up to the $120,000 mark. Bitcoin (BTC) needs to avoid wicks below $100,000 … Read more
Ethereum While Circle’s $24 billion IPO announcement has energized parts of the crypto market, 10x Research warns that Ethereum’s recent surge may be more momentum-driven than fundamentally sound. The firm’s latest report raises red flags about the sustainability of the rally and signals a cautious outlook on ETH’s current trajectory. Rally Fueled by Hype, Not … Read more