Hedera’s native token HBAR is testing a key level of support at $0.23 after selling off by more than 3% on Friday. Trading volume spiked beyond 80 million during crucial intraday windows on August 21. Despite the sell-off, HBAR has a number
Bitcoin (BTC) held a crucial support level at $112,500 overnight, aligned with the 61.8% Fibonacci retracement of its April to July rally. However, the rebound has been muted so far, reflecting cautious positioning ahead of Federal Reserve Chair Jerome Powell’s much-anticipated Jackson
Haycen, a company focused on trade financing, secured a stablecoin issuance license from the Bermuda Monetary Authority (BMA), the company said Friday. The Digital Asset Business (M) license allows Haycen to issue and manage 1:1 collateralized stablecoins in multiple currencies, with provisions
By Shaurya Malwa (All times ET unless indicated otherwise) Bitcoin (BTC) is sitting around $113,00 having failed to clear $115,000. Not so long ago, when it was setting new highs and euphoria called for a push to $135,000, those numbers would have
European Union policymakers are discussing ramping up efforts to introduce a digital euro as the U.S.’ new stablecoin law intensifies pressure on the bloc to keep up the pace in the fast-moving world of digital money, the Financial Times reported, The U.S.
South Korea’s largest financial groups are set to meet officials from Tether and Circle Internet (CRCL), issuers of the two largest stablecoins, as early as this week, according to Yonhap. In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank
Binance Australia has been directed to appoint an external auditor by the country’s anti-money laundering (AML) regulator. Australian Transaction Reports and Analysis Centre (AUSTRAC) said it has identified “serious concerns” with the crypto exchange’s AML and counter-terrorism financing (CTF) controls. Binance Australia
As Federal Reserve Chairman Jerome Powell’s speech at Jackson Hole approaches, the key question on everyone’s mind is: how volatile could bitcoin (BTC) become?The answer points to slightly above average volatility, not the extreme swings that the widespread attention on the event
Bitcoin traded near $113,700 on Thursday, failing to hold above $115,000 as resistance from the 50-day moving average capped a rebound attempt. The broader crypto market added just 1% to $3.86 trillion in capitalization, a move analysts described as a bounce on