News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Share link:In this post: Abacus Market vanished in July in a suspected exit scam after Archetyp’s shutdown. Bitcoin deposits plunged as users lost trust amid withdrawal failures and DDoS claims. Its market dominance possibly drew unwanted scrutiny or prompted operators to flee with funds.
Share link:In this post: Japan’s 30Y bond yield hit 3.20%, with bond values crashing 45% since 2019. The Bank of Japan reported $198 billion in unrealized bond losses for FY 2024. Japan’s debt-to-GDP ratio surpassed 260%, more than double that of the U.S.
Share link:In this post: BTC fell nearly 5% to around $116K after hitting a record high above $123K. A Bitcoin whale dormant for 14 years transferred 16,843 BTC ($2B) to Galaxy Digital. Despite the drop, spot Bitcoin ETFs saw $297M in inflows Monday, led by BlackRock’s IBIT ($394M).
ETH is on the rise, and these Ethereum strategic reserve tokens can capture more sentiment premium.
- 14:28Stablecoin payment processor 1Money obtains 34 U.S. money transmitter licensesJinse Finance reported that stablecoin payment company 1Money has obtained 34 US money transfer licenses and an F-class digital asset business license from the Bermuda Monetary Authority. According to Thursday's announcement, the company plans to launch a global "stablecoin orchestration service" through its regulated entity. This service aims to provide stablecoin infrastructure, including a dedicated Layer-1 protocol, orchestration services, and a full suite of compliant fiat solutions. 1Money stated that its regulated operational scope enables it to support stablecoin and real-world asset (RWA) issuers. Its clients can mint stablecoins and RWA tokens and connect them with traditional banking systems.
- 14:23The three major U.S. stock indexes have turned lower.Jinse Finance reported that all three major U.S. stock indexes have turned lower. The Dow Jones Industrial Average is down 0.06%, the S&P 500 index has erased its opening gains, and the Nasdaq is down 0.1%.
- 14:23The three major U.S. stock indexes have turned lower, with the Dow Jones down 0.06% and the Nasdaq down 0.1%.ChainCatcher News, according to Golden Ten Data, the three major U.S. stock indexes have turned lower. The Dow Jones Industrial Average fell by 0.06%, the S&P 500 erased its opening gains, and the Nasdaq Composite Index dropped by 0.1%.