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With South Korea's CBDC Plans Dead, KakaoBank Joins Stablecoin Gold Rush
The online lender joins a growing wave of Korean fintechs eyeing stablecoin issuance after the government scrapped its CBDC pilot in favor of private-sector alternatives.
Asia Morning Briefing: Bitcoin Slips Into Low-Liquidity 'Air Gap' as Post-ATH Drift Continues
Glassnode data shows BTC caught in a fragile holding pattern after slipping below key support. Market makers say conviction remains weak, with majors struggling to lead.
Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by SilverBox
The newly public firm will pursue bitcoin-focused treasury strategies in the U.S. and South Korea.
Babylon Introduces Trustless Bitcoin Vaults for BTC Staking Protocol
The trustless bitcoin vaults harness BitVM3, the latest evolution of BitVM, a framework for enabling smart contracts on the Bitcoin blockchain.
Ethereum Treasury Stocks 'Better Buy' Than ETH ETFs, Standard Chartered Says
The banks says ETH treasuries and ETH ETF holders each bought 1.6% of supply since June, with more upside ahead.
Bakkt Expands Global Bitcoin Play With 30% Stake in Japan’s Marusho Hotta
Bakkt is acquiring a 30% stake in Japanese firm Marusho Hotta and is expanding into Asian crypto markets.
Michigan’s State Pension Boosts Bitcoin ETF Stake, Signaling Cautious Confidence in Crypto's Future
The State of Michigan Retirement System disclosed ownership of 300,000 shares of the ARK Bitcoin ETF as of June 30, or about $11.3 million worth at current prices.
Marex Becomes First Clearing Firm to Adopt JPMorgan’s Kinexys With Brevan Howard Digital
The initiative is aimed at modernizing payment infrastructure and reducing settlement risk, Marex said.
Leveraged Bearish Strategy ETF Surges 19%, Signals Dour Outlook for MSTR and Bitcoin
The ETF, which bets against MSTR, has seen a net inflow of $16.3 million in the past six months, while its bullish counterpart has experienced significant outflows.
Bitcoin ETFs Bleed Millions for 4th Straight Day as U.S. Stagflation Fears Weigh on BTC and Stocks
Investors withdrew $196 million from U.S.-listed bitcoin ETFs on Tuesday, while pouring money into ether ETFs.
