AnchorX and BDACS have launched AxCNH and KRW1, stablecoins pegged to the offshore Chinese yuan and South Korean won, aiming to streamline cross-border payments and expand digital currency adoption.
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Ifeoluwa specializes in Web3 writing and marketing, with over 5 years of experience creating insightful and strategic content. Beyond this, he trades crypto and is skilled at conducting technical, fundamental, and on-chain analyses.
AnchorX and BDACS have launched AxCNH and KRW1, stablecoins pegged to the offshore Chinese yuan and South Korean won, aiming to streamline cross-border payments and expand digital currency adoption.
Ron Morrow of the Bank of Canada highlights the rapid growth of stablecoins and calls for clear rules to ensure safe and reliable digital payments.
The first U.S. Dogecoin ETF has launched, drawing strong trading activity even as Dogecoin’s price dips and large holders accumulate.
Coinbase CEO Brian Armstrong says he has never been more confident that the Clarity Act will pass, bringing clear rules and growth to the US crypto market.
The SEC has introduced new rules to speed up approvals for spot cryptocurrency ETFs, allowing faster market access while maintaining oversight.
American Express is letting travellers collect NFT passport stamps to capture trips digitally and personalise memories securely.
Pump.fun handled over 1 billion in daily trading volume, setting a new milestone for the platform. Meanwhile, the wider memecoin market experienced a broad rally, with trading activity and market capitalisation surging.
Gemini is moving toward a settlement with the SEC over its years-long Earn case, marking progress in a key dispute while also celebrating its $425M Nasdaq debut.
Large Bitcoin holders have resumed selling after a brief price surge, while long-dormant wallets reactivate and ETFs boost demand.
Ethereum’s ETH/BTC ratio remains under 0.05 as the cryptocurrency navigates price swings, investor activity, and market trends.
The stablecoin market has reached $301 billion, but reported figures vary across platforms as growth continues.
BNB surged to $909 following Binance’s collaboration with Franklin Templeton, as analysts anticipate further gains and strong market momentum.
Chinese firms may face restrictions on stablecoin activity, affecting their role in the city’s digital asset market.
Avalanche Foundation is aiming to raise $1B by creating two US treasury companies that will purchase AVAX at discounted prices.