Author: CryptoGlobeToday.com
TLDR Agant CEO Andrew MacKenzie warns that the slow pace of U.K. crypto regulations risks undermining the country’s global competitiveness. The U.K. crypto regulatory framework is not expected to take effect until 2027, causing prolonged uncertainty for businesses. Agant recently secured registration with the Financial Conduct Authority, marking a key milestone for its sterling-backed stablecoin, GBPA. MacKenzie believes pound-backed stablecoins could enhance international demand for U.K. debt rather than destabilizing financial systems. The slow implementation of U.K. crypto rules may push innovation to regions with faster regulatory development, like Europe and Asia. The U.K. government’s progress on crypto regulation is…
Two spot SUI exchange-traded funds hit the market on Wednesday, offering investors direct exposure to the token’s price along with the ability to earn staking rewards. Canary Capital launched its Canary Stake SUI ETF under the ticker symbol SUIS on the Nasdaq exchange. The investment firm said the fund will track the spot price of SUI and will also allow investors to benefit from net staking rewards through SUI’s proof-of-stake mechanism. “The Canary Staked SUI spot ETF (SUIS) brings exposure to SUI in a registered, exchange-traded structure, while also enabling investors to benefit from net staking rewards generated through SUI’s…
Ethereum price is compressing into a tight bearish pennant, with declining volatility and converging structure signaling that a decisive move is approaching as downside risks continue to build. Summary Bearish pennant structure suggests continuation risk, not reversal Volume expansion is required to confirm a valid breakdown $1,740 swing low is the key downside target, if support fails Ethereum (ETH) price action is approaching a critical inflection point as the market compresses into a well-defined pennant structure. Periods of tightening range and declining volatility often precede strong directional moves, and in Ethereum’s case, the broader technical context leans bearish. The prevailing trend…
TLDR: BRCA ensures crypto developers cannot face prosecution solely for publishing neutral blockchain software. Criminal statutes still apply to custodial operators or those with intent to launder funds. Section 301 distinguishes decentralized protocols from centralized platforms to clarify obligations. Bipartisan support highlights consistent recognition of lawful developer activity in U.S. law. Crypto developers in the United States may face heightened legal risks if key protections in the Blockchain Regulatory Certainty Act are weakened. Coin Center, a leading blockchain advocacy group, urged Senate Banking Committee members to preserve safeguards for neutral software developers. The organization emphasized that the BRCA ensures…
TLDR: Injective INJ lost 90% as market cap fell from $4B to $300M due to weak fundamentals. Total value locked remained under $100M, failing to support previous market hype. Price failed to reclaim $10 breakout level, signaling structural trend weakness. Large protocol wallets reduced circulating liquidity, increasing volatility and pressure on INJ. Injective (INJ) has experienced a steep decline, losing nearly 90% of its market value. The token’s market cap dropped from almost $4 billion in 2024 to around $300 million today. Early hype around on-chain derivatives, fast execution, and new integrations fueled a vertical price surge. However, underlying…
Solana’s price invalidated its recent breakout attempt after failing to hold above key resistance, confirming a bull trap and shifting the short-term market structure back to bearish. Summary Failed breakout above $88 confirms bull trap, trapping late buyers Rejection at the point of control signals bearish control, favoring downside rotation $78 support is the key level to watch, with potential reaction or swing-failure setup Solana (SOL) price has entered a critical corrective phase after recent price action failed to sustain acceptance above major resistance levels. What initially appeared to be a bullish continuation has now revealed itself as a classic…
Brian Armstrong, CEO of Coinbase, recently offered his take on how banning stablecoin rewards in the CLARITY act would benefit the exchange’s operation. Nonetheless, he came under fire on social media, with his position criticized as disingenuous, causing the bill to stall on this issue. Coinbase CEO Comes Under Fire On Stablecoin Rewards Ban Position […] Source link
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Mortgage and real estate finance underpin one of the largest asset classes in the global economy, yet the infrastructure supporting it remains fundamentally misaligned with its scale. In Canada alone, outstanding residential mortgage credit exceeds $2.6 trillion, with more than $600 billion in new mortgages originated annually. This volume demands a system capable of handling continuous verification, secure data sharing, and efficient capital movement. Summary Mortgage finance runs on digitized paperwork, not real digital infrastructure: Fragmented data,…
Bitcoin is hovering near key liquidity zones after a week of downward momentum, and traders are now eyeing untapped areas around $64,000. With price action showing potential short-term swings and H1 support under close watch, the next move could hinge on whether Bitcoin tests this low or reclaims higher levels first. Weekend Range Sets The Stage For Next Week’s Moves After a week of downward momentum, Bitcoin has stepped into a key liquidity area. According to Lennaert Snyder, the market is currently forming a range, which could provide clear trading opportunities in the coming week. While weekend trading isn’t his…
TLDR: Figure Technology employee tricked in social engineering attack enabling unauthorized data access ShinyHunters published 2.5GB of customer data including names, addresses, and phone numbers Attack part of broader campaign targeting companies using Okta single sign-on authentication Figure offers free credit monitoring and maintains customer funds remain secure despite breach Figure Technology disclosed a customer data breach on Friday after an employee fell victim to a social engineering attack. The blockchain lender confirmed that hackers accessed limited customer files through the compromised account. Hacking group ShinyHunters claimed responsibility for the incident and published approximately 2.5 gigabytes of stolen data.…