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AVAX, the native token of the Avalanche blockchain, climbed sharply on Wednesday following the announcement of a public listing and major token purchase by Avalanche Treasury Co., a new entity formed to back the ecosystem. Key Takeaways: Avalanche Treasury Co. plans to buy $1 billion in AVAX, starting with $460 million in initial funds. The…
Crypto trading platform Bullish has officially entered the US market, launching operations in 20 states after securing a BitLicense and money transmission license from New York regulators. Key Takeaways: Bullish has launched crypto trading in 20 U.S. states after securing a New York BitLicense. The platform is targeting institutional clients with zero maker fees and…
Thailand is preparing to widen its cryptocurrency exchange-traded fund offerings, moving beyond Bitcoin to include a basket of digital tokens as regulators seek to strengthen the country’s position as a regional crypto hub. The Thai SEC is drafting new rules in coordination with other agencies, aiming for a rollout early next year, Bloomberg reported Thursday….
Bitcoin surged above $118,000 on Thursday, lifting the broader digital asset market as October’s long-anticipated rally, often dubbed “Uptober,” took hold. The world’s largest cryptocurrency gained 4% in the past 24 hours, climbing as high as $118,856. The market-wide upswing pushed total crypto capitalization up 4.6% to $4.17 trillion. Ether jumped 6.1% to $4,385, while…
Cryptonews sat with Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, during Token2049 Singapore, discussing how stablecoin QR payments are becoming the norm as they surge to dominate crypto transaction volumes in Southeast Asia. Under Jamie’s leadership, Bitget enabled stablecoin payments through national and blockchain QR systems, such as VietQR in Vietnam and Solana Pay….
The short-term Elliott Wave analysis for the Nasdaq (NQ) reveals a bullish cycle initiated from the August 2, 2025, low, progressing as a five-wave impulse structure. Wave ((i)) surged to 24,068.5. The corrective wave ((ii)) concluded at 23,025.25, as depicted in the one-hour chart. The Index then advanced in wave ((iii)) to 25,027.25. This wave…
Alvara Protocol is aiming to reshape asset management through blockchain. Co-founder Dominic Ryder described his project’s new Ethereum-based standard, ERC-7621, as the “Basket Token Standard” (BTS). It allows real estate, commodities, and multiple ERC-20 tokens to be packaged into investment baskets, much like index funds. Ryder envisions Alvara becoming the “Fidelity of tokenized assets,” opening…
The Japanese loans provider MBK says it has bought over $2 million worth of Bitcoin (BTC) and struck a partnership deal with a domestic crypto exchange. The new deal will see MBK work with FINX JCrypto, which owns the Coin Estate exchange. The latter provides crypto settlement services for real estate purchases. MBK (TYO: 3121)…
XRP Spot ETF filings propose up to $100 billion in inflows, adding bullishness to XRP price predictions for the month ahead. Six spot XRP ETF issuers face their final decision deadline in October, as potential new touchpoints for TradFi markets to gain exposure to the altcoin. XRP ETF DECISIONS COMING THIS OCTOBER! There are 6…
Perplexity, one of the strongest AI competitors to ChatGPT, forecasts that XRP, Cardano, and Dogecoin could deliver explosive gains much sooner than the market anticipates. Bitcoin, the $2 trillion heavyweight of the crypto sector, is trading only 6% below its record high of $124,128. It rose 3% overnight, in line with a 3% spike in…