The UK’s Financial Conduct Authority has appointed Sarah Pritchard as its new deputy chief executive, a move that reflects the regulator’s expanding responsibilities across digital finance and international policy. The announcement marks the formal establishment of the deputy CEO role as the FCA assumes a broader mandate, encompassing oversight of stablecoins, crypto firms, and Buy…
Ethereum remains trapped in a month-long high time frame range. As volume declines and volatility builds, traders are watching closely for a confirmed breakout that could define ETH’s next big move. Ethereum (ETH) continues to consolidate between two major high time frame levels, with support holding at $2,400 and resistance capping price near $2,800. Since…
Bitcoin price could be on the cusp of a strong bullish breakout, potentially reaching $143,000 after forming a cup-and-handle pattern, as market participants anticipate a supply squeeze. Bitcoin (BTC) was trading at $109,860 on Tuesday, up nearly 10% from its lowest point this month and 50% above its April low. Santiment data indicates that Bitcoin…
As scrutiny mounts over the role of crypto foundations, a16z crypto says it’s time to move on and build with better tools. Crypto venture giant a16z crypto thinks it’s time to move on from big, centralized crypto foundations and let communities take the lead instead, as they roll out a new framework aimed at helping…
Plasma, a startup focused on stablecoins, raised an impressive $500 million in its latest public token offering, far surpassing its initial target. On June 9, Plasma announced on X that its public token sale for XPL sold out in just 40 minutes. The team initially planned to raise $50 million but had to revise it…
Societe Generale-FORGE plans to launch its new stablecoin, the USD CoinVertible, on both Ethereum and Solana blockchains. Trading for USDCV is scheduled to start in early July 2025. According to a recent press release, SG-FORGE, the integrated subsidiary of Societe Generale Group dedicated to crypto, is preparing to issue its upcoming USD-backed stablecoin on Ethereum…
Fartcoin could potentially see significant gains ahead amid hype surrounding an upcoming spot listing on Coinbase. According to data from crypto.news, Fartcoin (FARTCOIN) shot up 22% to an intraday high of $1.26 on June 10, morning Asian time, pushing its market cap past $1.23 billion, enough to flip Dogwifhat (WIF) in rankings. Open interest in…
Cardano has launched Cardinal, its first decentralized finance protocol designed specifically for Bitcoin users. The announcement was made by Cardano (ADA) founder Charles Hoskinson on June 9 via X. Developed by Input Output, the research and development team behind Cardano, Cardinal allows Bitcoin (BTC) holders to access DeFi services such as lending, staking, and borrowing…
South Korea’s Democratic Party has formally proposed the Digital Asset Basic Act, introducing a stablecoin licensing regime and expanded oversight under President Lee Jae-myung’s administration. During a June 10 press conference, lawmaker Min Byeong-deok announced the bill’s submission, calling it a foundational step toward comprehensive regulation of digital assets, including stablecoins, cryptocurrencies, and related service…
The recent public listing of stablecoin USDC issuer Circle has been all the buzz lately, particularly following its strong debut. But could the success have negative implications for Bitcoin? A recent report from crypto market analyst 10x Research suggests Circle’s initial public offering (IPO) may not be as bullish for the broader crypto market as…
