South Korea’s central bank digital currency project has been put on hold as the regulators turn their attention to fast-tracking the issuance of won-backed stablecoins. According to a Bloomberg report citing an unnamed Bank of Korea official, the central bank has suspended plans for the second phase of its CBDC pilot, which had been scheduled…
The latest weekly recap includes a flurry of major developments, from Vitalik Buterin’s critique of Worldcoin’s digital identity ambitions to the final curtain in the Ripple-SEC legal drama. Robinhood made waves by introducing micro crypto futures, while state governments and treasury firms continued doubling down on Bitcoin. With regulatory shifts, tech upgrades, and institutional plays…
The Pi Network price remained under pressure over the weekend, despite management’s notable announcements on Pi Day 2. Pi Coin (PI) dropped to $0.532, down by 20% from its highest point last week and 68% from its May high. This retreat has brought its market capitalization to about $4 billion. In an announcement on Pi…
All eyes are on Sui this week as the Layer-1 blockchain prepares for a major token unlock that could reshape its near-term price action. While Bitcoin (BTC) flirts with a breakout past $107,000 and ETF inflows near $50 billion, Sui (SUI) is drawing heightened scrutiny ahead of its July 1 unlock of 5.22 billion tokens—worth…
The price of Ethereum has remained in a tight range over the past few days, despite an increase in exchange-traded fund (ETF) inflows. Ethereum (ETH) was trading at $2,400, a level it has remained at for the past few days. This price is about 15% below the highest point this month. The token has consolidated,…
As XRP struggles to hold the $2.20 level and blue-chip tokens like Bitcoin and Ethereum trade flat, several lesser-known altcoins are stealing the spotlight with explosive gains. Meme coin Hosico Cat (HOSICO) is up nearly 44% in 24 hours, buoyed by a $2.2 million Solana giveaway campaign. Meanwhile, Everscale (EVER) spiked on the back of…
Pudgy Penguins token has rebounded in the past few days after crossing a crucial resistance level and as its NFT sales rose. Pudgy Penguins (PENGU) price rose to a high of $0.01450 on Saturday, June 28, its highest level since May 23. It has jumped by 52% from its lowest point last week and 232%…
Crypto fund flows indicate that stablecoins surge to nearly 30% in sell-offs, while Bitcoin and Ethereum remain steady at around 50% across cycles. When markets turn bullish, risk appetite often follows. That’s arguably one of the clearer takeaways from a recent allocation breakdown based on trading activity on Finestel, a crypto trading and portfolio-management platform…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. With DeFi’s rapid shifts in market sentiment and volatility, protocols are constantly seeking ways to demonstrate real value accrual to incentivise meaningful participation and build community trust. Token buybacks have emerged as…
The NFT market has posted a recovery with sales volume rising by 8.17% to $125.1 million. This marks a rebound from the previous week’s decline. Bitcoin (BTC) has surged to the $107,000 level. At the same time, Ethereum (ETH) has remained steady in the last seven days. The global crypto market cap is now $3.29…
