South Korea’s DAXA rolls out new API key rules targeting price manipulation and unfair crypto trading across major exchanges. South Korea is tightening its grip on crypto trading. The Digital Asset Exchange Alliance (DAXA) rolled out a new compliance standard on May 28. The policy targets the improper lending of...
FalconX Confidentially Files for IPO as Crypto Wall Street Push Grows
FalconX files confidentially for a possible IPO as Wall Street and institutional investors continue expanding into crypto markets. Crypto brokerage firm FalconX is preparing for a possible public stock market listing. The company confidentially filed a draft S-1 form with the U.S. Securities and Exchange Commission. Moreover, FalconX hired Cantor...
VanEck Launches First Spot BNB ETF for Institutional Access
VanEck launches the first spot BNB ETF, giving investors direct BNB access through traditional brokerage accounts and regulated markets. VanEck has launched the first exchange-traded product offering direct spot exposure to BNB. The new product trades under the ticker symbol VBNB. Moreover, the launch gives investors easier access to one...
Dogecoin Breakout Hopes Rise as DOGE Eyes Potential 28X Altseason Rally Ahead
DOGE trades near $0.0989 as traders track its 1.618 Fib history, $0.096 support, and $0.116 resistance amid early-season calls. Dogecoin analysts are watching a possible early-season setup as DOGE enters another key technical phase. Past cycles saw the token move above the 1.618 Fibonacci level, while the current daily chart...
ZEC Nears Critical $700 Zone as Traders Spot November Repeat
ZEC trades near $559 after pulling back from $650–$680 resistance, with $520 support and the $700 zone in focus. ZEC price action has returned to focus as traders compare the latest rally with the November move into the same resistance area. ZEC/USD recently approached the $650 to $750 zone, while...
Ripple CTO’s XRP Staking Idea Puts IRS Crypto Rules to the Test
Schwartz argues that newly minted XRP staking rewards should only be taxed when sold, not when received. He distinguishes newly minted rewards (taxed at sale) from transferred tokens (taxed when received). IRS Revenue Ruling 2023-14 taxes staking rewards when received, contradicting Schwartz’s argument. David Schwartz, Ripple’s former CTO, has reignited...
Samsung Backs Upbit Operator Dunamu With $408M Investment
Samsung affiliates will buy a 4% stake in Dunamu for $408 million. Samsung Securities gets 2% while Samsung SDS and Samsung Card each get 1%. The three Samsung units will cooperate on tokenized securities, blockchain, and digital payments. The Samsung Group affiliates took a massive and highly strategic step into...
Bitcoin Sell Pressure Surges as BTC Slides Toward $73K
Bitcoin nears $73K as 7D spot volume delta turns negative and ETF inflows, spot demand, and volatility expectations fade. Bitcoin came under fresh pressure as spot market data showed stronger selling during the latest pullback. BTC moved from the low $80,000 region toward $75,000, while some data tracked a deeper...
XRP Whale-Retail Spread Drops to 88.3%, Lowest Since May 2024
XRP Binance whale-retail spread hits 88.3%, nearing its lowest point since May 2024, as on-chain flow structure shifts away from peak whale dominance. The spread is back near the floor. XRP’s Binance whale-retail flow metric has dropped to 88.3%, a level not seen since May 2024, and it got there...
Exchange Reserve Hits 6-Year Low. What’s Different This Time Could Shock You
Bitcoin exchange reserve hits 2,666,753 BTC, a level not seen since August 2019. The supply picture looks familiar. The market cycle does not. The last time this many Bitcoin sat off exchanges, a cup of coffee still cost less than a satoshi’s worth of BTC at today’s price. August 2019....