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WEMIX, the native cryptocurrency of South Korean gaming firm Wemade, saw its price plunge over 60% following a devastating announcement from the Digital Asset eXchange Alliance (DAXA) that it will be delisted from all major domestic exchanges by June 2. 한국의 주요 5개 거래소가 6월 2일부터 WEMIX 거래를 중단할 예정이며, 이로 인해 토큰은 60% 이상…

As April 2025 drew to a close, the crypto market, especially meme coin, experienced a dramatic upswing, led by a surprise rebound in Bitcoin’s price to the $94K–$96K range and renewed retail traders interest. According to an analysis posted on Santiment, this late-month surge did more than lift portfolios. It reignited retail interest and triggered…

The United Kingdom’s Financial Conduct Authority (FCA) is seeking public feedback on key aspects of the crypto industry, including staking, lending, borrowing, intermediaries, and decentralized finance (DeFi). The request was published Friday in a newly released discussion paper, part of a broader effort to shape the country’s future crypto regulatory framework. UK Treasury Drafts Crypto…

Decentralized finance (DeFi) lending protocol Sky has introduced a pivotal governance proposal that would mark its final departure from Maker, the original foundation of the platform. The plan, posted on May 1 to Sky’s decentralized autonomous organization (DAO) forum, proposes replacing Maker’s MKR token with Sky’s own SKY token as the sole governance asset. The…

Michael Saylor’s firm, Strategy, has announced it is doubling its capital raising plan to $84 billion in an aggressive push to acquire more Bitcoin—even as the company posted a record $4.2 billion net loss in the first quarter of 2025. The loss stems from a recently adopted accounting rule requiring firms to value digital asset…

Gaming operating system Playtron plans to launch Game Dollar on Sui with support from stablecoin platform M0 and payments platform Bridge. Per the press release shared with Cryptonews, Game Dollar will be a stablecoin specifically for gaming. Players will use it for purchases, subscriptions, and rewards across Playtron’s and, eventually, other gaming ecosystems. Also, the…

Crypto exchange Kraken has explained how it identified a potential North Korean threat actor pretending to be a job applicant. The hacker attempted to infiltrate the ranks of the US tech firm by applying for a job position, the exchange detailed. The impersonated applicant applied for an engineering role at Kraken, raising multiple red flags…

Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of  Dollar Index DXY  published in members area of the website. As our members know, DXY  is forming a correction against the 103.56 peak. In the following text, we’ll explain the Elliott Wave analysis and outline the target areas. DXY…

Crypto exchange Kraken reported $472 million in revenue for the first quarter of 2025, reflecting a 19% year-over-year increase driven largely by heightened market volatility during the early days of President Trump’s second term. In a statement released Thursday, the company attributed the revenue jump to increased trading activity amid volatile conditions, despite noting a…

Bitcoin (BTC/USD) is trading at $96,880, up nearly 2% in the last 24 hours, with a market cap of $1.92 trillion. The leading cryptocurrency recently broke above the $96,244 resistance level and is hovering just below $97,500. While price momentum has cooled slightly, the technical setup remains constructive—especially as traders await today’s U.S. Nonfarm Payrolls…