European Banking Authority Unveils New Risk Guidelines For Cryptoassets
The European Union (EU) has taken yet another step towards a fully regulated crypto landscape. The European Banking Authority (EBA), the EU’s top banking regulator, has released a pivotal news draft framework outlining how banks must manage exposure to cryptoassets. With this, the EBA has also set stricter capital requirements for banks holding digital assets. […]
SUI Token Hits Critical Technical Zone, Is a $5 Target Next?
SUI is at present trading in what experts refer to as a technical “sweet spot,” where structural support and the Volume Weighted Average Price (VWAP) meet, a junction commonly linked with possible bullish reversals. This intersection provides a firm base for what can be a powerful move upwards, with market professionals keeping a very close
DeSoc Raises Over $10M As Little Pepe, Bitcoin Hyper And Unilabs Investors Pile In
A quiet shift is happening in the crypto market and it’s not just about price action. DeSoc, a blockchain-based social media platform still in presale, has raised over $10 million in less than two weeks. It’s not meme-fueled hype or whale games this time. The money is flowing in from real holders and among them
Ripple Fires Back at SEC Overreach, Pushes Congress for Crypto Clarity
Stuart Alderoty, Ripple’s Chief Legal Officer, responded to a congressional Request for Information with a detailed letter outlining Ripple’s views on the future of crypto regulation. He welcomed the chance to speak on behalf of a company that has spent years dealing with regulators worldwide and defending itself against the SEC. In his letter to
The Protocol: Solana’s Seeker Mobile Begins to Ship
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Solana’s Seeker Phone Fixes Saga’s Flaws With Usability Upgrade Base Says Sequencer Failure Caused Block Production Halt of 33 Minutes Solana’s Jito Proposes Routing 100% of Block Engine […]
SPX6900 Tests Critical $1.56 Support Following Pullback From Neckline Resistance at $1.71
The recent SPX6900 chart pattern has sparked attention across digital asset traders, with the memecoin forming a textbook inverse head-and-shoulders formation. This pattern, typically seen as a reversal structure, completed successfully in late July, pushing the SPX/USDT pair to briefly cross above the neckline at $1.71 before pulling back. As of August 6, the asset […]
Ethereum Treasury Stocks ‘Better Buy’ Than ETH ETFs, Standard Chartered Says
Companies that are buying ether (ETH) for their treasury strategy are a better buy for investors than ETH spot exchange-traded funds (ETFs), said Standard Chartered analyst Geoff Kendrick. The analyst noted that these firms are attracting attention not just for their holdings but also for their financial structure, which is starting to become attractive for […]
UK-based Firm Satsuma Technology Raises £163.6M via Convertible Notes
Satsuma raised £163.6M, exceeding its £100M target by over 60% in strong demand. £96.9M of the raise was settled in Bitcoin, marking a London Stock Exchange first. Funds will boost AI operations, with Bitcoin reserves held by Satsuma’s Singapore arm. Satsuma Technology PLC (LON: SATS) has completed a £163.6 million capital raise via a secured […]
Roman Storm Guilty of Unlicensed Money Transmitting Conspiracy in Partial Verdict
NEW YORK — Tornado Cash developer Roman Storm has been found guilty of conspiring to operate an unlicensed money transmitting business, a Manhattan jury decided Wednesday. The jury was unable to reach a unanimous verdict on the remaining charges, conspiracy to commit money laundering and conspiracy to violate international sanctions, despite four days of deliberations after […]
The $200 Million XRP Play: CEO Spills What Traders Overlook
A CEO thinks XRP is one of the most misunderstood tokens out there. Jake Claver, chief executive of Digital Ascension Group, marked his YouTube channel hitting 100,000 subscribers by talking about what might push XRP’s price higher. Institutional Bets On XRP Backing According to Claver, Digital Wealth Partners now holds over $200 million worth of […]
Liquid Staking Activities and Tokens Are Not Securities, Says SEC
The SEC’s Division of Corporation Finance issued a statement on Tuesday relating to liquid staking or ‘protocol staking.’ “It is the division’s view that liquid staking activities in connection with Protocol Staking do not involve the offer and sale of securities,” within the meaning of the Securities Act of 1933 and Securities Exchange Act of […]
XRP Officially Goes Live on BDACS: Ripple Unlocks Explosive Institutional Growth in Korea
XRP has officially launched on BDACS, a regulated crypto custody platform in South Korea that serves institutional clients. This marks the first result of Ripple’s partnership with BDACS, announced earlier this year. The launch allows institutions to securely hold XRP, one of Korea’s most actively traded digital assets, while meeting the country’s strict regulatory standards.