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News
India Has Millions of Crypto Users—So Why Does the Government Hold Zero Bitcoin?
43+ min ago (354+ words) India is the world’s largest country in terms of crypto usage. Yet, as per BitcoinTreasuries, the Indian government currently has zero disclosed Bitcoin holdings. This large difference between strong private adoption and zero sovereign holdings raises an important concern about…...
Bitcoin’s 24% rally faces $70K test as yields rebound: analysts
1+ hour, 13+ min ago (940+ words) Bitcoin’s strongest weekly advance since March 2023 pushed the asset close to $80,000, but analysts said further gains may depend on easing US bond yields, continued spot ETF demand, and progress on the CLARITY Act. Bitcoin (BTC) traded near $79,800 on Aug. 24 after…...
NUVA Adopts Chainlink Data Infrastructure for $19B Tokenized RWA Market
1+ hour, 12+ min ago (50+ words) Cryptonews.net NUVA Adopts Chainlink Data Infrastructure for $19B Tokenized RWA Market NUVA is bringing blockchain-based housing credit into decentralized finance through Chainlink. The platform connects a $19 billion real-world asset market with Ethereum and its growing network of financial applications....
Bitcoin Storms Past $79K Before Hitting Resistance Near $80K
1+ hour, 13+ min ago (257+ words) Monday is shaping up as an extension of bitcoin’s sharpest weekly run in quite some time, and right now, bitcoin’s daily RSI (relative strength index) is flashing deeply overbought conditions in the 79–82 range, while the moving average convergence divergence (MACD)…...
Kyber Network Says It’s Not Regulated by Singapore’s MAS. Its Own Contracts Show Why.
4+ hour, 28+ min ago (304+ words) Cryptonews.net Kyber Network Says It’s Not Regulated by Singapore’s MAS. Its Own Contracts Show Why. - Kyber Network says neither it nor its KyberSwap platform operates out of Singapore or falls under licensing by the Monetary Authority of Singapore, as…...
Ethereum Developer Proposes ERC-8391 to Standardize Market State Data for Tokenized Stocks
1+ hour, 12+ min ago (340+ words) The proposal introduces an asset-state interface that separates market data from market context. Instead of relying solely on price feeds, smart contracts would be able to access a structured layer of information that describes the operational status of the asset....
Crypto Weekly Volume Doubles to $37B in Five Days, But August Momentum Slows
1+ hour, 12+ min ago (348+ words) Weekly cryptocurrency trading volume surged to $37 billion last week, doubling within five days, according to data from The Block. The sharp rebound follows a period of subdued activity, yet the figure remains far below the 12-month high of $105 billion recorded…...
Ceffu’s 120M USDC withdrawal from Ethena puts custody rails in focus
1+ hour, 28+ min ago (612+ words) An on-chain transfer has become a hot topic in the crypto world this Monday, August 24. According to blockchain tracker Onchain Lens, institutional custodian Ceffu has pulled out 120 million $USDC worth from wallets associated with Ethena, which is behind the protocol…...
Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts
1+ hour, 37+ min ago (368+ words) Riot Platforms has secured up to $573 million of interim financing for the $9.1 billion>Bitcoin miner expects the project to start generating rent. Earlier this month, Riot disclosed that it had secured a 20-year lease for 191 megawatts of critical IT capacity…...
South Korea's Largest Crypto Exchange Is Dominated by XRP
1+ hour, 37+ min ago (395+ words) The capital rotation in the South Korean crypto market, which began late last week, is taking on the characteristics of an extreme market imbalance today. Retail investors, who triggered an exodus from technology stocks, have turned $XRP — the token Ripple…...