The central bank of Iran has reportedly imposed strict operating hours on its domestic crypto exchanges following a $100 million exploit on Nobitex by a pro-Israel hacker group. In a blog post on Wednesday, Chainalysis cited reports saying domestic crypto exchanges in Iran are now limited to operating hours between 10 am and 8 pm. … Read more
Crypto asset managers have significantly grown their holdings on blockchains since the start of the year, while institutions are increasingly using decentralized finance as a back-end to their services, according to a new report. “A new class of ‘crypto-native’ asset managers is emerging,” the analytics platform Artemis and DeFi yield platform Vaults said in a … Read more
VanEck’s Solana ETF (VSOL) hits DTCC list, a key step toward SEC approval. Despite ETF momentum and 91% approval odds, SOL’s price shows bearish indicators and weak demand. Solana [SOL] just took a major leap toward Wall Street legitimacy. VanEck’s proposed Solana ETF (VSOL) has landed on the DTCC list — a key precursor to … Read more
After sliding to a 7-day low and losing over 15% in value, Shiba Inu is now hovering above a crucial support zone. While bearish pressure remains, several on-chain and technical indicators suggest that a potential bounce may be taking shape, prompting traders to reassess SHIB’s short-term outlook. SHIB Holds Crucial Support as Bears Lose Momentum … Read more
XRP surges into the spotlight as Canada’s stock exchange TSX welcomes three groundbreaking ETFs in one day, unleashing massive institutional demand and reshaping the regulated digital asset investment landscape. Canada Lights up TSX With 3 XRP ETFs in One Day—Wall Street Left Frozen More companies are increasingly launching XRP exchange-traded funds (ETFs), reflecting surging institutional … Read more
Nasdaq-listed Lion Group Holding Ltd. (LGHL) announced that it has secured $600 million in funding from ATW Partners to support its new strategy focused on decentralized finance (DeFi). The funding will be used to launch the company’s Treasury Initiative focused on Hyperliquid (HYPE). The newly created HYPE Treasury aims to strategically accumulate HYPE as LGHL’s … Read more
Coinbase and Circle shares surged Wednesday after US lawmakers signaled support for clearer stablecoin regulation by pushing through the GENIUS Act for House approval. On Wednesday, Coinbase (COIN), listed on the Nasdaq, closed the trading day up 16.32% to $295.29, while Circle (CRCL), listed on the NYSE, rose 33.82% to close at $199.59, according to … Read more
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1729 as compared to the previous day’s fix of 7.1761 and 7.1916 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate … Read more
Altcoin Analysis Ethereum (ETH) continues to consolidate within a narrow trading band, with analysts pointing to mounting pressure that could soon trigger a decisive breakout. According to DaanCrypto, the current price action is marked by strong absorption of wicks on both sides—a classic sign of market compression. “Generally this kind of compression ends up in … Read more
GBP/USD remains stuck near 1.3400 following an early-week decline. The Fed held interest rates steady, as markets broadly expected, with the requisite warnings about labor and inflation. The BoE is up next with its own interest rate decision; no change in UK rates is expected. GBP/USD spun a circle on Wednesday, rising and falling through … Read more