Ethereum investors are facing a mixed landscape as the network reaches a major staking milestone amid a deep market downturn. New data from ValidatorQueue shows that more than 30% of Ethereum’s circulating supply is now locked in staking, signaling strong…
BlockFills suspends withdrawals amid Bitcoin price slide
Crypto liquidity provider and lender BlockFills has suspended client deposits and withdrawals as bitcoin prices retreat, underscoring the broader impact of the latest downturn across digital asset markets. The Chicago-based firm, which serves institutional customers worldwide, disclosed that the halt began last…
Malaysia’s central bank tests stablecoins for wholesale pay
Malaysia’s central bank is preparing to test new digital money tools that could reshape how payments work in the country and beyond. Bank Negara Malaysia (BNM) plans to explore local currency stablecoins and tokenized deposits through three projects scheduled to run under…
Hong kong moves ahead with first stablecoin license plan
Hong Kong is preparing to grant its first stablecoin licenses as early as next month, signaling another step in the city’s digital asset policy rollout. Financial Secretary Paul Chan Mo-Po outlined the plans on Wednesday at CoinDesk’s Consensus Hong Kong…
Is Robinhood chain ready for developers on Ethereum L2 now?
Robinhood is opening its new Ethereum layer-2 network to outside developers, marking a notable step in the company’s broader push into decentralized finance. Alongside that move, the brokerage has launched a public testnet for Robinhood Chain, giving developers a chance to trial applications…
Bitmine adds $83.6 million in ETH as treasury strategy continues
Bitmine Immersion Technologies expanded its Ethereum position on Monday, adding tens of thousands of ether to its already substantial holdings. The move underscores the company’s ongoing strategy to increase its exposure to Ethereum even as prices remain far below their peak. Data…
How did $73 million crypto fraud lead to a 20 year sentence?
A U.S. federal court has imposed a 20-year prison sentence on the organizer of a $73 million crypto fraud scheme, even though he remains at large. The case centers on Daren Li, a dual citizen of China and St. Kitts…
Tom Lee says Ethereum may rebound as holders keep buying
Ethereum is back in focus as Bitmine Chair Tom Lee forecasts a sharp rebound after a deep price slump. The second-largest cryptocurrency by market value has retreated about 60% from its peak and dropped roughly 35% in the past month…
Did Bitcoin ETFs take in $616M as bitcoin neared $70K now?
U.S. bitcoin ETFs have broken a nearly month-long pattern of steady redemptions, signaling a shift in sentiment toward the cryptocurrency. After weeks of investor outflows that began in mid-January, spot funds tracking bitcoin posted back-to-back inflows for the first time in almost four weeks,…
Will Bitcoin hold $68K to $72K after dip near $60K again?
Bitcoin traded below $70,000 during Asian hours on Tuesday, giving back part of a recent rebound from lows near $60,000. The world’s largest cryptocurrency has struggled to maintain upward momentum as traders turn wary ahead of key U.S. economic releases. At the same time,…