South Korea’s financial watchdog is taking steps to enhance its cryptocurrency regulatory framework by reviewing the approval of spot crypto ETFs and the legalization of corporate crypto accounts through a newly established Virtual Assets Committee. This committee, chaired by the vice chairman of the Financial Services Commission (FSC), includes representatives from various government ministries and […]

Many highly hyped Telegram tokens are experiencing sharp declines just weeks after their airdrops and exchange listings. For instance, RabBitcoin (RBTC), part of the Rocky Rabbit ecosystem, has plummeted to $0.0000037 from a September high of $0.000007, resulting in a market cap drop from over $63 million to $47 million. Similarly, Catizen (CATI), a cat-themed […]

H.C. Wainwright has initiated coverage on Galaxy Digital Holdings, assigning a Buy rating and a price target of C$24. Analyst Mike Colonnese emphasizes that the U.S.-based financial services firm, focused on digital assets, provides the diversified exposure that investors are seeking for new positions. Colonnese points to several near-term catalysts for Galaxy, including anticipated growth […]

Decentralized exchange Uniswap is making strides in the layer-2 solution space with its latest initiative aimed at “accelerating Ethereum’s scaling roadmap.” As one of the largest decentralized exchanges by trading volume, Uniswap has introduced Unichain, an open-source layer-2 network built on Ethereum. This new platform is designed to enhance transaction speeds, lower costs, and improve […]

Hamster Kombat, the popular Telegram tap-to-earn game, is facing significant challenges as its token continues to hit new lows. The Hamster Kombat (HMSTR) token has fallen to a record low of $0.0039, representing a 70% decline from its all-time high of $0.0132. Currently, its circulating market cap stands at $253 million, with a fully diluted […]

Thailand’s securities regulator has proposed new measures to allow mutual and private funds to invest in cryptocurrency, aiming to strengthen the country’s crypto economy. According to a report from the Bangkok Post, the Thailand Securities and Exchange Commission (SEC) announced on October 9 that it plans to permit funds to invest in investment tokens and […]

Neiro, a rapidly rising memecoin, has bucked the trend of a bearish crypto market, soaring over 100% in just five days and experiencing a staggering 5000% increase from its September low. While major cryptocurrencies like Bitcoin and Ethereum struggle, Neiro has gained another 10% in the last 24 hours, trading at $0.001834, significantly above its […]

The cryptocurrency market is showing signs of a potential correction ahead of the U.S. Consumer Price Index report release. The global crypto market capitalization has dropped 3.3% in the past 24 hours, now standing at $2.22 trillion, according to CoinGecko. Trading volume across the market has fluctuated between $80 billion and $87 billion as bearish […]

The price of Prosper token (PROS) has surged over 145% in the past 24 hours following Animoca Brands’ announcement to purchase more of the platform’s native token. On October 9, Animoca revealed its intention to acquire additional PROS tokens from the open market. As a major player in the web3 space, Animoca Brands invests in […]

Cryptocurrency exchange Gate.io has announced a strategic $10 million investment in The Open Network (TON) blockchain, aiming to enhance collaboration on Telegram-based projects. This announcement came on October 9, coinciding with a slight dip in the price of Toncoin as the broader crypto market struggled for momentum. Gate.io plans to partner with the TON Foundation […]