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US banks lobby to amend GENIUS stablecoin Act, citing $6.6 trillion risk
The first official US stablecoin law, known as the GENIUS Act, is already facing pushback from major banking groups that argue some provisions could destabilise the traditional financial sector. Passe...
Ethereum price climbs as Bitcoin (BTC) consolidates: here’s what to expect
Ethereum (ETH) has continued to climb near record highs while Bitcoin (BTC) struggles to hold its footing after dipping below $112,000. The contrasting moves between the two largest cryptocurrencies h...
Grayscale files S-1 with SEC for Avalanche ETF under AVAX ticker
Grayscale has filed a registration statement with the US Securities and Exchange Commission (SEC) to convert its Avalanche Trust into a spot Avalanche (AVAX) exchange-traded fund (ETF). If approved, t...
Ontology’s ONT token price soars 55%: why is the altcoin rising?
Ontology’s ONT token has staged a dramatic rally, soaring more than 55% in the past 24 hours and surprising many in the crypto community. The sudden price surge, backed by a sharp increase in trading ...
NEO price rises, open interest soars, but funding rate drop signals caution
NEO price momentum pushed the token past $8.30 earlier today before a slight pullback. Following the pullback, the token price now hovers in the upper $7 range, with alternating red and green candles....
Bitcoin Penguins in last few days of presale as new meme coin gains traction
Bitcoin Penguins ‘ presale is in its last stage with only 2 days to go. The presale, which had a strong run is set to conclude on August 27. The new meme coin has quickly carved out a niche for itself...
Silo Finance approves new revenue-sharing model for SILO holders to earn in USDC, ETH
Silo Labs’ latest governance voting to switch xSILO rewards to USD Coin and Ethereum has ended with staggering support for the new revenue-distribution model. The proposal , launched 4 days ago, gauge...
Qtum token price soars on Umy partnership to enhance travel booking experience
Qtum token price hit a high of $3.44 today, before pulling back to $2.99 at press time. The price surge was mostly a result of the partnership announcement between Qtum and Umy. Umy’s partnership driv...
Ethereum-based Ex Populus sues Elon Musk’s xAI over trademark infringement
Ex Populus, an Ethereum gaming firm, is taking Elon Musk-founded artificial intelligence company xAI to court over trademark infringement. According to the complaint filed in the Northern District of ...
Solana price forecast as SOL hovers near $200?
Solana (SOL) price reached highs of $213 early Monday, but has since flipped from the intraday peak to hover around the $200 mark. With SOL down more than 3% in the past 24 hours amid profit taking ac...
Story Protocol ($IP) kicks off $82M three-month buyback after financing deal
Institutional developments dominate the cryptocurrency market amidst wild macro-fueled volatility. On August 11, Nasdaq firm Heritage Distilling announced plans to launch a $220 million PIPE financing...
Chainlink, SBI Group partner to power RWA and stablecoins adoption
SBI Group, a leading Japanese financial conglomerate, has joined forces with Chainlink, a prominent blockchain oracle platform, to advance the adoption of tokenized real-world assets (RWA) and stablec...
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