Trend Digest – Your Reliable Guide to Cryptocurrency News
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South Korea is accelerating crypto regulations, focusing on stablecoins and investor protection to match global trends, says FSC Chairman Kim Byoung-hwan. The government plans to allow corporate real-name accounts for crypto investments, addressing current restrictions and boosting institutional adoption. Upbit faces possible sanctions for KYC violations, with authorities stressing the need for a swift resolution…
Alchemy Pay has received over 10 operating licenses from different jurisdictions to help scale its payment operations seamlessly. ACH price has been forming a macro reversal pattern after being trapped in a bearish consolidation in the past years. The altcoin industry, led by Alchemy Pay (ACH), has signaled an inevitable bullish breakout in the near…
Daily active addresses on the Bitcoin network are increasing, indicating a potential bullish trend. Bitcoin whales have accumulated over 22,000 BTC in the past three days, worth $2.24 billion. Long-term holders’ Bitcoin supply is at peak, reflecting strong confidence in the crypto’s future value. The Bitcoin network has shown robust activity, as both whale transactions…
The settlement includes substantial financial penalties with executives agreeing to individual forfeitures, highlighting increased scrutiny of offshore exchanges. The pattern of regulatory challenges spans multiple jurisdictions, including previous restrictions in New York, Canada, and temporary limitations in India. The timing coincides with broader crypto enforcement actions, though potential policy shifts loom under the new Trump…
Sam Bankman-Fried’s parents, both Stanford Law professors, are lobbying Trump’s network for a presidential pardon after his 25-year fraud sentence. Trump’s history of granting clemency, including Ross Ulbricht’s recent pardon, has fueled speculation about Bankman-Fried’s chances. As Trump embraces crypto, Bankman-Fried’s connection to digital assets could factor into his parents’ clemency efforts. ’s parents, both…
KuCoin appoints BC Wong, a seasoned legal expert, as its new CEO. Wong previously secured regulatory licenses as KuCoin’s Chief Legal Officer. The exchange will focus on user-centricity, innovation, and enhanced security under new leadership. Navigating Regulatory Challenges KuCoin’s Growth Trajectory
Polymarket odds of the US strategic BTC reserve jumped above 50%. Options traders expected price swings between $96K-$112K in the next few hours. The D-day for ‘s presidential inauguration is here, and the market is full of expectations for potential pro-crypto policies, including the Bitcoin Strategic Reserve (SBR). Andre Dragosch, head of research at Bitwise…
Trump signed an order to create a federal group led by David Sacks to regulate digital assets. The US strategic Bitcoin reserves have been basically confirmed by Binance CEO Changpeng Zhao. Senator Cynthia Lummis proposed buying 1 million BTC for a US national bitcoin reserve worth $108 billion. President signed an executive order to establish…
AAVE and UNI saw a $12.7M whale sell-off, sparking fears of a correction rally in DeFi tokens. Uniswap trades near critical $12.82 support, with 40% upside potential if a breakout occurs. Aave challenges the $371-$383 resistance zone, with potential for a bullish rally to $530. Despite the broader market recovery, certain DeFi tokens are revealing…
Indian scammers are exploiting stablecoins like USDT to move illicit funds internationally. Police in Rajasthan arrested suspects involved in laundering over INR 1 crore via USDT stablecoin. Authorities previously busted a similar scam, arresting 15 people linked to USDT laundering . Cybercriminals in India are increasingly exploiting blockchain technology to move illicit funds across borders, with…