South Korea’s top financial watchdog is taking steps to bring spot crypto ETFs and stablecoin regulation into the mainstream as part of a broader plan to modernize the country’s digital asset market. According to a June 19 report by local media Yonhap News, the Financial Services Commission (FSC) has submitted a new crypto roadmap to…
Arizona lawmakers have voted to revive a bill that would expand the state’s forfeiture laws to include digital assets and establish a new Bitcoin reserve fund. Following a June 19 motion in the Senate, House Bill 2324 is headed back to the Arizona House of Representatives for reconsideration. The measure, which had previously failed to…
AVAX price finds itself at a critical technical juncture, with price action flashing bearish signals despite strong on-chain activity on Avalanche. After a steep downtrend that bottomed in mid-March, Avalanche (AVAX) price reversed from a double bottom pattern and began consolidating within an ascending channel, maintaining bullish momentum through the end of the month, as…
Aerodrome Finance’s token continued its strong bullish momentum on Thursday, June 19, as network activity and market share surged. Aerodrome Finance (AERO) price rose to a high of $0.9660, its highest swing since February 4, and 235% above its lowest point in April. This surge has brought its fully diluted valuation to over $1.54 billion. …
For the first time, institutional and decentralized finance users can now swap between BlackRock’s tokenized U.S. Treasury fund, BUIDL, and Ethena’s USDtb stablecoin around the clock. The new capability, announced by Securitize on June 18, marks a step forward in connecting traditional finance with DeFi. It sets a new standard for how tokenized assets are…
HYPE could see an 80% upside move if it follows through on a bullish setup targeting the 1.618 Fibonacci extension. According to data from crypto.news, Hyperliquid (HYPE) was trading at $37.96, 270% above its year-to-date lows, with a market capitalization of $12.6 billion. The token reached an all-time high of $45.57 earlier this week, buoyed…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If you’d told me last year that the United States Securities and Exchange Commission commissioners would be defending self-custody of assets and talking about innovation sandboxes for DeFi, I would have raised…
Over $440,000 in stolen crypto funds has been secured by New York officials in an ongoing fraud investigation that targeted locals. Authorities from the Brooklyn District Attorney’s Office, the New York State Attorney General’s Office, and the New York State Department of Financial Services jointly disrupted a multi-layered cryptocurrency scam operation that had primarily targeted…
AgriFORCE Growing Systems Ltd., a Canadian agricultural company, has launched a Bitcoin mining operation in Alberta, powered by stranded natural gas. In its June 17 announcement, AgriFORCE said the site was launched in partnership with energy provider BlueFlare Energy. The site, located in Berwyn, Alberta, is the company’s first operational deployment under its Power &…
XRP price continued to slide for the second straight day despite getting approval for the first spot ETF listing in Canada. According to recent reports, asset manager Purpose Investments has received final approval from Canadian regulators to launch the country’s first spot XRP ETF. Trading for the Purpose XRP ETF will begin on Wednesday, June…
