The financial world is witnessing an unprecedented shift, as Ethereum solidifies its position as the sole asset capable of becoming a multi-trillion-dollar institutional store of value. ETH is the only one currently demonstrating the scale, utility, and institutional acceptance to command and securely hold multi-trillion-dollar allocations, fundamentally redefining the future of global wealth preservation and growth. Why Ethereum Is The Foundational Role For Institutional Capital Ethereum has quietly become the final form of digital trust for institutions to store trillions of dollars. A market expert and entrepreneur, partnering with OKX and MEXC, Ted Pillows, has stated on the social media platform X that ETH decentralization is nearly impossible to replicate, a network that was largely community-funded, not VC-funded, and forged through proof-of-work (PoW). Related Reading: The Inevitable Convergence: How Ethereum Became The Settlement Layer For All Altcoins Furthermore, the reliability of ETH has been 100% uptime over 10 years of flawless operation and 16 successful upgrades. The ETH Layer 1 and Layer 2 architectures are designed to offer regulatory safety, where institutions can deploy compliant solutions. Meanwhile, the KYC-enabled Layer 2s do not compromise on the fundamental decentralization or security of the leading ETH blockchain. Maintaining A Buffer For Market Opportunities While Ethereum is a safe place for institutional investors to store trillions of dollars, analyst Luca has noted that the ETH price has shown strength as it bounced off the Weekly Bull Market Support Band, which has previously acted as a strong reversal over several weeks. This level also aligns with the high-timeframe support area marked in green, the same zone that served as a major resistance throughout most of 2024. Related Reading: Ethereum Price Faces Rejection Near Resistance Zone — Risk Of Deeper Correction Rises Luca believes that due to this confluence, and as long as the price holds above this range, the broader market structure will continue to favor the upside. However, ETH still faces a critical test ahead. Until it breaks above the golden pocket between the 0.5 and 0.618 Fibonacci retracement Point of Interest (POIs), the same zone that triggered the last rejection, the analyst highlighted that the best approach is to stay somewhat cautious. He also added that investors should be ready for further consolidation within the high-timeframe accumulation range. As Luca has highlighted, the priority now is risk management. Avoid unnecessary leverage, don’t overexpose on short-term setups, and maintain a diversified portfolio with moderate exposure to defensive sectors. This will help ride out the volatility as ETH moves closer to the top of the cycle. While advocating for a cash buffer, the expert noted that if ETH breaks below the Weekly Bull Market Support Band, it would signal a potential deeper downside and justify hedging part of spot holdings to mitigate short-term risk. Featured image from Pxfuel, chart from Tradingview.com
Canada's FINTRAC said the exchange failed to report thousands of high-risk crypto transactions tied to darknet markets and Iranian transfers.
Focusing regulatory energy on mixers while letting exchanges remain the primary fiat gateways for illicit funds is like locking the windows while leaving the front door wide open, argues Dr. Jan Philipp Fritsche, managing director of Oak Security.
Bhutan is rebuilding the core of its digital identity framework on Ethereum. The initiative, confirmed by Ethereum Foundation’s Aya Miyaguchi, is part of the Himalayan kingdom’s wider experiment with emerging technologies. It signals that blockchain, once confined to trading and tokens, is now being tested as public infrastructure. According to Miyaguchi, the move will see […]
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Pi Coin is struggling to register any bullish momentum, and all indicators suggest this might continue into the foreseeable future. Since its launch, the Pi Network price has crashed by about 88%, which has left many early supporters and holders worried about its future. Recent market data shows that the decline can be attributed to massive token unlocks and weak liquidity on crypto exchanges. Furthermore, new developments show that unless market dynamics improve, Pi Network may face even more declines in the coming months. Heavy Selling Pressure Pi Due To Token Unlocks Pi’s price action has been full of downtrends, with data showing the cryptocurrency down across multiple timeframes. At the time of writing, the token is currently moving between $0.353 and $0.3606 with poor liquidity and continued unlocking of the tokens. The unlocks have done nothing to help with the situation of things. Related Reading: Pi Network Price Crashes To All-Time Low After Latest Announcement — Details One of the biggest influences behind Pi Network’s downtrend is the continuous release of unlocked tokens into the market. Pi was created with a max supply of 100 billion tokens, but only 8 billion of those are currently in circulation. Its tokenomics are set up such that tokens are unlocked into circulation every day. According to data from PiScan, there are about 5 billion Pi Network tokens locked right now, and 135.7 million of those are set to be unlocked in the next 30 days. Notably, one unlock event added around 163 million PI tokens worth about $60 million into circulation, a move that contributed further to the cryptocurrency’s price decline. More token unlocks are expected in the near future, and the increase in circulating supply has far outpaced demand. Data from PiScan shows that about 4.5 million Pi worth $1.614 million are released every day. This oversupply problem could leave the price of Pi Network vulnerable, and each token release could further weaken the value of those in circulation. Furthermore, the current order books for Pi Network across several exchanges are extremely thin, leaving too few buyers in the market to absorb the wave of selling pressure. Project Delays: Calls For Bold Action Pi Network’s own development delays have contributed to skepticism among many investors. The long-promised KYC rollout, the V23 upgrade, and full mainnet decentralization have created frustration among users who had anticipated faster progress. Related Reading: Pi Network Faces Obstacles As Price Wobbles Below $1, What’s Happening? In a lengthy post on the social media platform X, prominent community member Mr Spock urged the Pi Core Team to take what he described as bold economic steps to restore stability and build a valuable and sustainable economy. He called for a comprehensive buyback and burn program, noting that aggressive deflationary measures are the only way to protect Pi’s value. According to him, the Core Team should buy back Pi from the open market, permanently burn all transaction fees instead of recycling them, and stop flooding the market with excess supply. He further suggested that Pi’s mining model must be reconsidered either by ending it completely to lock the supply or by introducing utility-based mining that rewards only those who contribute real value to the ecosystem. At the time of writing, Pi Network is trading at $0.3552, down by 1% in the past 24 hours. A drop below $0.350 could guarantee further declines to $0.34. Featured image from Medium, chart from Tradingview.com
New updates have been made to Ripple’s XRP Ledger (XRPL) as the network looks to dominate and gain more traction. This is also a positive for XRP, which serves as the network’s bridge currency. Ripple’s XRP Ledger Gets A New Update In an X post, XRP validator Vet revealed that the credentials amendment on the XRP Ledger is now active. He explained that credentials can be applied to attest to compliance requirements, such as KYC and AML, for a user or institution and issued to their decentralized identity. This helps to further build trust in the network. Related Reading: Ripple Vs. SWIFT Battle Heating Up As Exec Lands Major Blow To XRP Vet also noted that the amendment has all been done natively on the XRP Ledger. Notably, this update is part of a larger move to enable compliance amendments on the network. With decentralized identities and credentials implemented, Vet indicated that their next focus is to work on the permissioned domains and permissioned DEX. Ripple and other XRP Ledger stakeholders aim to utilize these compliance amendments to attract more institutions to the network, enabling them to adhere to traditional finance (TradFi) standards even on-chain. This also comes as the network aims to become the go-to for tokenization. Ripple recently stated that 10% of global assets will become tokenized by 2030, and is undoubtedly looking to tap into this trillion-dollar market. Ripple Engineer Breaks Down Significance Of This Update In an X post, Ripple engineer Kenny explained that the credentials update gives developers and businesses a way to handle identity checks and compliance requirements directly on the XRP Ledger. With these, they do not need to approve each account one by one manually. The Ripple engineer noted that traditionally, verifying user credentials like KYC requires multiple checks across different platforms. Related Reading: Pundit Says Ripple Is The New SWIFT — Here’s What Is Driving It Kenny remarked that this process isn’t only inefficient but also increases privacy risks because sensitive information has to be shared multiple times. As such, this makes the XRP Ledger credentials update vital. The Ripple engineer revealed that this feature enables credentials to be issued, stored, and verified natively on the XRPL. He noted the benefits of how this allows users to prove a required criterion without undergoing repeated verification. Kenny also stated that this will improve the onboard process and enhance security, while maintaining privacy. The Ripple engineer further gave an example of what a typical flow will look like using this credentials feature. A business will define the credentials it requires, such as the KYC, then a trusted issuer creates and signs that credential. The user then accepts and stores these credentials in their XRP Ledger account. That way, the credential is checked on-chain whenever the user interacts with the business. At the time of writing, the XRP price is trading at around $2.83, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Dubai has officially cemented its position at the forefront of global crypto regulation. This bold regulatory step positions Dubai as a global trailblazer in shaping the future of institutional crypto markets and blending innovation with compliance. As jurisdictions around the world debate how to handle digital assets, Dubai is already laying the groundwork for the financial infrastructure of tomorrow. Why This Approval Matters For Global Financial Markets The Virtual Assets Regulatory Authority (VARA) has officially approved the first-ever cryptocurrency options license, marking it a breakthrough moment for the emirate region’s rapidly evolving digital asset ecosystem. Related Reading: China Greenlights Launch Of Its First Crypto Stablecoin—Report As highlighted in the press release, the permit was granted to a Nomura-backed digital assets firm, Laser Digital. This permit has authorized the firm to offer over-the-counter (OTC) crypto options trading to institutional investors under VARA’s regulatory framework. This development solidifies Dubai’s status as a premier global hub for cryptocurrency and blockchain innovation. With VARA granting Dubai its first crypto options license, it provides a clear regulatory pathway for firms seeking to offer complex instruments and crypto derivatives. By doing so, Dubai is setting the bar for how governments can blend innovation with compliance. The approval of Laser Digital under VARA’s framework reflects a commitment to fostering a business-friendly environment with robust regulatory standards, including Anti-Money Laundering (AML) and know-your-customer (KYC) requirements. This gives institutional investors confidence that the space is both progressive and secure. Why Listed Spot Trading Launched Matters For US Crypto Markets While the first-ever cryptocurrency options license has been approved, the US Commodity Futures Trading Commission (CFTC), under Caroline D. Pham, has launched a listed spot crypto trading initiative. According to the release, this license opens the door for regulated exchanges such as the Chicago Mercantile Exchange (CME) to offer direct trading of real crypto tokens, not just for futures contracts, but under official United States oversight. Related Reading: Has The Crypto Market Bottomed? Analyst Says ‘This Is It’ It is important to note that spot trading is where you buy and sell the actual asset itself, such as Bitcoin or Ethereum, for immediate settlement, which hasn’t been regulated at the federal level. It’s different from trading futures or derivatives, where traders speculate on price without owning the asset. “Under President Trump’s strong leadership and vision, the CFTC is full speed ahead on enabling immediate trading of digital assets at the Federal level in coordination with the SEC’s Project Crypto,” Acting Chairman Pham stated. If this goes through, it would bring spot and futures trading under the same regulatory rulebook, making the crypto market simpler, clearer, and more secure for everyone involved, which is a step forward for the crypto industry. It will also pave the way for retail and institutional investors to engage in crypto markets with a higher level of trust, knowing that trading is taking place on federally regulated exchanges. Featured image from iStock, chart from Tradingview.com
Hackers took over rap group Migos’ Instagram account to post Solana co-founder Raj Gokal’s stolen personal information, including his passport and phone number, on May 27 after he refused to pay a 40 Bitcoin (BTC) ransom. Blockchain analyst ZachXBT explained on social media that the attackers gained access to one of Gokal’s email accounts days […]
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Coinbase is facing sharp criticism and regulatory pressure after confirming a significant data breach that exposed personal information of nearly 70,000 users. According to a filing with the Maine Attorney General’s Office, the breach affected 69,461 individuals, of whom 217 were residents of Maine. The exchange also stated that the compromise affected less than 1% […]
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Zero-knowledge proofs and reputation systems could reshape compliance and preserve privacy in DeFi.
Upbit must respond to the FSC’s suspension notice by Jan. 20 or face restrictions on new registrations on the platform for six months.
The advent of generative AI has made it easier for scammers to target crypto and other real-time payment systems.
Innovative challengers are building compliance into their DNA and outcompeting established players.
The trading volume ratio between KYC and non-KYC exchanges provides interesting insight into the market’s behavior. The ratio illustrates how traders interact with regulated and unregulated platforms and how their activity affects price movement. The trading volume ratio saw significant fluctuations throughout the year and mostly mirrored Bitcoin’s price performance closely. It steadily increased at the start […]
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As crypto exchanges face regulatory challenges globally, Bitget chief operating officer Vugar Usi Zade emphasized compliance and innovation for sustainable growth.
Topper’s crypto off-ramp solution is designed to allow anyone using a self-custodial wallet like MetaMask to convert their crypto into fiat.
Brazil, the second-largest market for stablecoin transactions, could be set to ban stablecoin withdrawals to self-custodial wallets like MetaMask.
Bybit, Bitget and OKX combined have 877,000 daily active users in the U.S., data from Sensor Tower shows. It's unclear if they are just checking prices, or trading in violation of the rules.
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal.
What can offshore crypto companies practically do to stop Americans from accessing their services – and what do regulators expect them to do?
Crypto exchange Kraken has announced the delisting of Monero in the European Economic Area to maintain compliance with EU regulations.
Robinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance.
As regulators scrutinize DeFi more closely, participants need to improve compliance around AML and KYC and make the process easier for customers, says Thomas Gentle, Compliance Officer, Quadrata.
Olubukola Akinwumi, the deputy director of the Central Bank of Nigeria (CBN), accused Binance of conducting transactions reserved for authorized banks and financial institutions on Friday, according to a local media report. Akinwumi’s accusations were part of his testimony in the lawsuit brought by the Economic and Financial Crimes Commission (EFCC) against Binance and its […]
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The veil of anonymity often touted as a benefit of cryptocurrency has backfired spectacularly for extremist groups. A new report by blockchain forensics firm Chainalysis reveals that the Nordic Resistance Movement (NRM), a white supremacist organization designated as a terrorist group by the US Treasury, has been using crypto donations to fund its activities for […]
The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale.
Community members are currently trying to trace the Gemholic contract creator’s address, which is supposedly funded by Binance.
Two former hostages and families of victims killed in the Oct. 7 attacks are seeking damages from Binance, Iran anunder the United States Anti-Terrorism Act.
Kucoin users from New York will lose the ability to trade within 30 days and will have their accounts closed within 120 days.