Last week, Sui’s crypto price rocketed by 10%, catching traders off guard with its swift surge. The rally invited a wave of profit-taking, which, combined with a technical breakdown, sent SUI tumbling below the pivotal $2.07 mark. Now, with a weekly gain cut back to +0.45% and a 24-hour drop of -3.36%, SUI faces uncertainty …
Expanding outside the US, Coinbase Business launches in Singapore to give startups and SMEs a unified platform for USDC payments, asset management and more.
A major shift in global finance is finally here. SWIFT is retiring its old MT payment system this month, giving full control to ISO 20022. This upgrade could completely change how banks communicate and move money across borders. And for cryptos like XRP, XLM, XDC, and HBAR, it might be the turning point for mainstream …
The company also suggested using decentralized digital identity as a tool for combating illicit finance in crypto.
Visa now supports direct stablecoin payouts, starting with Circle’s USDC, through a new pilot designed for creators and gig workers.
Visa is piloting a service allowing US dollar stablecoin payouts to crypto wallets from business accounts funded with fiat currency.
Morgan Stanley’s Denny Galindo likens Bitcoin’s cycle to the seasons, warning that the market’s “fall” phase is a time to secure gains before a downturn.
The Bitcoin dominance has remained quite high over the last year, holding firmly above 50% and preventing altcoins from making any meaningful recovery. Even now, the dominance has climbed close to 60%, showing that Bitcoin is still determining the direction of the entire market. However, there has been a development that could change the trajectory of the Bitcoin dominance and put altcoins in the spotlight once again, highlighted by crypto analyst Unichartz. Bitcoin Dominance Breaks Below 50 EMA Since 2023, the Bitcoin dominance has remained firmly above the 50-Day Exponential Moving Average (EMA), showing immense strength around this level. Even through market crashes, the digital asset has maintained its dominance, and with each passing year, the trendline has continued to rise. As long as the Bitcoin dominance stayed above the 50 EMA, it showed it would continue to dominate, but this is changing now. Related Reading: Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price? According to the post by Unichartz, it shows that the Bitcoin dominance has now crashed below the 50-Day EMA for the first time in almost one year. This comes as the dominance lost its footing above 60% and has failed to reclaim its position above it. Naturally, there has been an attempt to reclaim the 50-Day EMA once again. However, this attempt failed after the brief surge above 63% in early October was thwarted by the market-wide crash on October 10. Since then, the dominance has remained below the 50 EMA and has now spent a full consecutive month below this critical level. What This Means For The Crypto Market Historically, the altcoin season has only begun when the Bitcoin dominance has seen a decline. This trend has held strong through the years, and even through the current cycle, has prevented the rise of another altcoin season. Related Reading: Dogecoin Does Not Have Potential For A Strong Move Upward, Analyst Says However, with the crash below the 50 EMA, the analyst predicts that the Bitcoin dominance is about to see a massive crash. It shows that the dominance will fall below 40% if it fails to reclaim the 50 EMA soon. Such a crash would give room for altcoins to actually run as the focus moves away from Bitcoin. With the Altcoin Season Index sitting at a low 31 at the time of this writing, it shows that a crash in the Bitcoin dominance is sorely needed for altcoins to rise again. However, the analyst explains that if the dominance does reclaim the 50 EMA, then Bitcoin’s lead may be extended for longer before attention rotates back to altcoin. Featured image from Dall.E, chart from Tradingview.com
Kraken co-CEO Arjun Sethi has criticized the United Kingdom’s stringent crypto regulations, arguing that the country’s restrictive framework is stifling innovation, limiting user access to key financial tools, and driving capital out of the digital asset market. Speaking to the Financial Times, Sethi said the UK’s regulatory overreach is preventing users from accessing nearly 75% …
Major financial players including B2C2, Coinbase, and Mastercard have already completed test transactions using JPMD.
MYX Finance just turned heads with a sharp 10.26% single-day price burst and a 21.63% weekly rally. Thereby, breathing life into traders seeking fireworks in a sleepy market. Wondering what changed? First, MYX’s recent Chainlink integration upgrades its infrastructure, making it far more attractive and usable. Second, technical traders noticed a solid breakout. And third, …
While some Hollywood stars license their voices to AI platforms, others threaten lawsuits and condemn the technology.
A successful ETF launch could expand XRP’s liquidity base and potentially trigger inflows from registered investment advisers who may have avoided direct crypto exposure beyond bitcoin.
Coinbase, one of the world’s biggest crypto exchanges, has taken a major step beyond the United States. The company has launched Coinbase Business in Singapore, its first international platform built specifically for startups and small businesses. This move also shows Coinbase’s growing push to make crypto a key part of the global financial system. Real-Time …
As the U.S. Treasury begins implementing the GENIUS Act, a landmark bill shaping the future of stablecoin and cryptocurrency regulation, Michele Korver, Head of Regulatory at a16z Crypto, has issued a powerful call for privacy-preserving innovation. In a detailed submission to the Treasury, Korver outlined how decentralized digital identity (DID) and zero-knowledge proofs (ZKPs) can …
The future of digital finance just took a major leap — and it’s coming from Wall Street itself. JPMorgan Chase has officially launched its blockchain-based deposit token, JPM Coin (JPMD), marking a bold move in how traditional banks are adopting blockchain technology. With transactions settling in seconds, 24/7, JPM Coin allows institutions to move money …
Coinbase has officially launched Coinbase Business in Singapore, expanding its services to startups and small-to-medium enterprises. In partnership with Standard Chartered, the new platform allows real-time Singapore dollar transfers and instant settlements using stablecoins like USDC and XSGD. The move marks Coinbase’s first international business expansion outside the United States, signaling a major step toward …
According to Bloomberg, JPMorgan has officially launched its deposit token, JPM Coin, marking a major step in institutional blockchain adoption. The token represents U.S. dollar deposits held at the bank and enables 24/7 real-time transfers via Base, Coinbase’s public blockchain. Early participants in the pilot include Mastercard, Coinbase, and B2C2, with Coinbase reportedly set to …
Bitcoin traders are bracing for fresh U.S. inflation data that could steer Federal Reserve policy and dictate the market’s next major move.
The United Arab Emirates' central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes.
According to a recent report by Bloomberg, the cybersecurity arm of China has openly accused the US government of orchestrating the theft of approximately $13 billion in Bitcoin (BTC), adding tension to the ongoing cyber relations between the two nations. China Alleges State-Level Operation The incident in question revolves around the theft of 127,272 BTC from the LuBian Bitcoin mining pool in December 2020, constituting one of the most substantial crypto heists in history. Related Reading: Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point The Chinese National Computer Virus Emergency Response Center suggests that this large-scale hack was likely a planned “state-level hacker operation” orchestrated by the US. The agency points to the discreet and delayed movement of the stolen Bitcoin as indicative of governmental involvement rather than typical criminal behavior. The report further links the Bitcoin from LuBian, a former Bitcoin mining firm, to tokens seized by the US government, which authorities claim are linked to Chen Zhi, the chairman of the Cambodian conglomerate Prince Group. Chen Zhi had been accused by the US of participating in a wire-fraud conspiracy and running a money-laundering scheme in October. Notably, details on when and how the Bitcoin was confiscated by the US remain undisclosed. The narrative put forth in the report suggests that the US government might have employed hacking tactics as early as 2020 to appropriate the 127,000 Bitcoin associated with Chen Zhi, characterizing the operation as an example of a “black eats black” maneuver orchestrated by a state-level hacking entity. Bitcoin Forfeiture Fallout Federal prosecutors involved in the Chen case have refrained from disclosing the methods used to gain control of the Bitcoin, following the Department of Justice’s civil forfeiture complaint seizing the 127,271 BTC, which stands as the most substantial forfeiture action undertaken by the US government. Recent statements from the Chinese government have highlighted a growing trend of accusing the American government of engaging in hacking activities. Related Reading: Crypto Treasuries Shift Focus From Bitcoin And Ether To These Lesser-Known Altcoins Earlier this year, China asserted that the US exploited vulnerabilities in Microsoft Exchange servers to target Chinese companies. Just last month, China alleged that it possessed undeniable evidence of a US cyber attack on the National Time Service Center. In response to the allegations, a lawyer representing Chen Zhi has filed a request for additional time in a US court to allow for tracing of the stolen BTC from LuBian. The attorney, Matthew L. Schwartz has criticized the government’s claims against Chen as being “seriously misguided.” Schwartz, who serves as counsel to Mr. Chen and the Prince Group, stated that they are collaborating with cryptocurrency experts to trace the Bitcoin seized over a year ago and stolen back in 2020. T At the time of writing, BTC was trading at $102,550, recording losses of 3% in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com
The negotiations, which began earlier this year and progressed to an exclusivity agreement in October, were expected to value BVNK between $1.5 billion and $2.5 billion.
Following the completion of the deal, Tether is expected to become the largest shareholder of VCI Global through its Oobit stake.
Reports have surfaced that Pi Network is joining the ISO 20022 standardization race, a move that could position it alongside blockchain payment leaders Ripple (XRP) and Stellar (XLM). With the global ISO 20022 cutover deadline set for November 22, 2025, Pi Network now faces both opportunity and pressure to meet compliance standards shared by the …
November 12, 2025 06:17:17 UTC SEC Approves Canary Capital’s XRP ETF Listing on Nasdaq The U.S. SEC has approved Canary Capital’s XRP ETF, which will list on Nasdaq this Thursday. The fund will track the XRP-USD CCIXber Reference Rate Index, charge a 0.50% management fee, and hold custody with Gemini and BitGo. Ahead of the …
Unlike stablecoins, deposit tokens are digital claims on existing bank funds and can be interest-bearing, offering a new option for institutional investors.
The token's ability to defend the $2.39–$2.41 range will determine if it rebounds or faces further declines.
Institutional interest in Bitcoin ETFs signals growing mainstream acceptance and potential stabilization in the crypto market landscape.
The post US Bitcoin ETFs see $524M inflow as BlackRock and Fidelity lead gains appeared first on Crypto Briefing.
Dogecoin struggled to rise above $0.1850 and corrected some gains against the US Dollar. DOGE is now consolidating and might find bids near 0.1680. DOGE price started a fresh downside correction below $0.180. The price is trading below the $0.1780 level and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.1750 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.1680. Dogecoin Price Starts Another Pullback Dogecoin price started a fresh increase after it settled above $0.1650, like Bitcoin and Ethereum. DOGE climbed above the $0.1750 resistance to enter a positive zone. The bulls were able to push the price above $0.1800. A high was formed at $0.1859 and the price is now correcting gains. There was a move toward the 50% Fib retracement level of the upward move from the $0.1568 swing low to the $0.1859 high. Besides, there was a break below a key bullish trend line with support at $0.1750 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.1780 level and the 100-hourly simple moving average. If there is another increase, immediate resistance on the upside is near the $0.1760 level. The first major resistance for the bulls could be near the $0.180 level. The next major resistance is near the $0.1850 level. A close above the $0.1850 resistance might send the price toward $0.1920. Any more gains might send the price toward $0.20. The next major stop for the bulls might be $0.2120. More Losses In DOGE? If DOGE’s price fails to climb above the $0.180 level, it could continue to move down. Initial support on the downside is near the $0.1715 level. The next major support is near the $0.170 level. The main support sits at $0.1680 and the 61.8% Fib retracement level of the upward move from the $0.1568 swing low to the $0.1859 high. If there is a downside break below the $0.1680 support, the price could decline further. In the stated case, the price might slide toward the $0.1565 level or even $0.1520 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1700 and $0.1680. Major Resistance Levels – $0.1800 and $0.1850.