South Korea’s central bank said it should have legal authority over the approval of won-based stablecoins, warning they could disrupt monetary policy if treated like legal tender. The Bank of Korea, South Korea‘s central bank, said monetary authorities must be involved from the start if the country allows the issuance of stablecoins tied to the…
GOAT rallied to as high as 71% today after it secured a listing on Binance Alpha, paving the way for a potential future listing on the main exchange. According to data from crypto.news, Solana-based memecoin Goatseus Maximus (GOAT) soared to an intraday high of $0.248, its highest level since Jan. 25, and up nearly 600%…
Moo Deng crypto has skyrocketed by more than 114% following its recent listing on Binance Alpha. The meme coin has been on an ongoing rally since mid-May with a spike in futures open interest. According to data on crypto.news, the Solana (SOL)-based token featuring the viral Thai pygmy hippo Moo Deng (MOODENG) has soared as…
Uniswap has reached a new milestone by becoming the first decentralized exchange to hit $3 trillion in total trading volume. Hayden Adams, the founder of Uniswap, shared the benchmark on May 12 in post on X. He thanked users for their participation and hinted at bigger goals in the future. Hayden attached an infographic from…
Former UFC champ Conor McGregor weighs in on cryptocurrencies and their role in ensuring government accountability, calling Bitcoin an ‘immutable’ currency for the people. On May 12, the self-proclaimed future Irish presidential candidate and mixed martial artist asked users on X about Bitcoin (BTC) and other cryptocurrencies. In his recent post, Conor McGregor considered the…
Three Florida teenagers are facing charges of kidnapping, robbery, and extortion after allegedly abducting a man at gunpoint and stealing $4 million in crypto and non-fungible tokens. According to local media, two of the suspects, both 16 years old from Pasco County, Florida, are being tried as adults, with one held on $4 million bail…
Bitcoin surpasses the $105,000 threshold after the U.S. and China have reportedly agreed to drastically roll back trade tariffs on each other’s goods for a 90-day period. According to a joint statement, the trade deal breakthrough came after a weekend-long marathon of trade negotiations that took place in Geneva, Switzerland. The U.S. has declared that…
U.S. spot Bitcoin ETFs logged a third week of strong inflows as investor demand stayed high, helped by easing trade war worries after the U.S. struck a deal with a key partner and signaled talks with China’s president to improve ties. According to data from SoSoValue, the 12 spot Bitcoin ETFs brought in $921 million…
Bitcoin has surged above $104,000, nearing its January record high and adding over 10% in value over the past week. As of press time, Bitcoin (BTC) is trading at $104, 325, just 3.79% below its all-time high of $108,786 reached in January. The rally was initially triggered by renewed optimism around a tentative U.S.-U.K. trade…
Japanese investment firm Metaplanet Inc. has added 1,241 more Bitcoin to its treasury, pushing its total holdings above 6,700 BTC. According to a May 12 public filing, the latest purchase, made at an average price of ¥14.85 million (around $95,700) per Bitcoin (BTC), cost the company ¥18.4 billion (roughly $119 million). With this move, Metaplanet’s…
