Upbit Unveils Giwa: Ethereum Layer-2 with 1-Second Block Times
Upbit launches Ethereum Layer-2 Giwa, aiming for one-second blocks and secure settlements. Giwa testnet enables EVM migration, signaling Upbit’s shift from exchange to Web3 infrastructure. Dunamu eyes Giwa Wallet and won stablecoin to boost Korea’s blockchain presence. South Korea’s crypto market has been expanding rapidly in 2025. Now, Upbit has unveiled a major move that […]
Search for Yield Spurs DeFi Rally Before Jobs Data Revisions: Crypto Daybook Americas
By Omkar Godbole (all times ET unless stated otherwise) DeFi coins are in the spotlight as bitcoin (BTC) and ether (ETH) notch modest gains ahead of Tuesday’s big jobs revisions data from the Bureau of Labor Statistics, which are expected to reveal a much weaker job market in the year ended March 2025. Usually, weak […]
Bitcoin Market Absorbs Supply In Batches: VDD Highlights Mature Bull Phase
Bitcoin is currently at a crossroads, caught between bullish hopes and bearish pressure. Bulls are struggling to reclaim the $115K level, while bears have been unable to keep BTC below $110K, leaving the market in a tense state of uncertainty. This indecision comes as volatility increases ahead of the upcoming US Federal Reserve meeting, where […]
SEC Begins Review of Cboe BZX Proposal for First U.S.-Listed Staked SEI ETF
A rule change proposal by the Cboe BZX Exchange has been formally accepted by the U.S. Securities and Exchange Commission (SEC). This filing, dated September 8, seeks approval to list and trade the Canary Staked SEI ETF. The ETF would be the first in the United States to provide exposure to staked SEI tokens. This […]
HYPE Rockets to $55 as Lion Group’s Bold Reallocation Sparks Market Frenzy
Hyperliquid’s native token HYPE surged to a new all-time high of $55 after rising by almost 10% on Monday, which pushed its market capitalization to $18.26 billion. The rally comes on the heels of Lion Group Holding Ltd. announcing plans to reallocate its crypto treasury from Solana (SOL) and Sui (SUI) into HYPE. Lion Group […]
Bitcoin taps $113K as analysis sees ‘return to highs’ on Fed rate cut
BTC price strength starts to convince traders that new highs are back on the table, but Bitcoin still needs spot-market support.
Eric Trump: Crypto Opens ‘Whole New World,’ Korea Positioned to Lead
Eric Trump, son of US President Donald Trump, has delivered a bullish message on cryptocurrency during his virtual appearance at the Upbit D Conference (UDC) 2025. Key Takeaways: Eric Trump called crypto a financial revolution, saying it offers a better alternative to traditional finance. He praised South Korea’s leadership in crypto adoption, calling it second […]
California Man Gets 51 Months for Laundering $37M in Cambodia-Based Crypto Scam
California resident Shengsheng He received a 51-month federal prison sentence for laundering $36.9 million from victims in an international crypto investment scam operated from Cambodia-based centers. The court ordered $26.8 million in restitution for victims of the elaborate scheme. He, 39, of La Puente, pleaded guilty to conspiracy to operate an unlicensed money transmitting business […]
Bitcoin Holds Strong Above $111,000 Despite $12.7 Billion Whale Sell-Offs
Bitcoin is holding strong against major sell-offs, so investors are paying critical attention to its next move. Some interpret this as a sign of stability, while others believe there can be weakness if critical levels are broken. The market is in two minds with risk and potential ahead. At the time of writing, Bitcoin is
Stablecoin Licensing in 2025: HSBC and ICBC Set to Apply in Hong Kong
HSBC and ICBC, the world’s leading bank in terms of assets, are looking at the license application of stablecoins in Hong Kong. It comes in the wake of a new regulatory framework of stablecoins in the region. The shift signals the interest of great banks in penetrating into the enrichment of digital currency in Hong
Nasdaq to Invest $50M in Winklevoss Twins’ Gemini Crypto Exchange: Reuters
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is preparing to go public with Nasdaq as both its listing venue and an investor, Reuters reported Tuesday, citing sources familiar with the matter. According to the news outlet, Nasdaq has agreed to buy $50 million worth of Gemini shares in a private placement tied […]
BBVA taps Ripple for institutional Bitcoin, Ether custody in Europe
Ripple will provide crypto custody services to Spain’s BBVA bank, expanding its existing partnership amid MiCA-driven adoption by European banks.