Business – Page 569

Tokyo Exchange Operator Considers Limits on Digital Assets Treasury Companies: Report

Heat is rising on digital asset coffers in the Far East. Japan Exchange Group (JPX), which runs the Tokyo Stock Exchange, is considering measures to curb the growth of listed companies hoarding digital tokens as treasury assets, according to Bloomberg. The exchange is exploring actions such as stricter enforcement of backdoor listing rules and new […]

Tokyo Exchange Operator Considers Limits on Digital Assets Treasury Companies: Report Read More »

Brazil proposes to sell seized Bitcoin (BTC) to undercut organized crime networks

Business / Leave a Comment

The Brazilian government proposed a law allowing the sale of bitcoin BTC$103,360.58 and other cryptocurrencies seized during criminal investigations at a time when the nation looks to crack down on organized crime. Bill 5.582/2025, sent to Congress by President Luiz Inácio Lula da Silva, would authorize financial institutions to liquidate cryptocurrencies even before trial results,

Brazil proposes to sell seized Bitcoin (BTC) to undercut organized crime networks Read More »

BTC falls 0.9% as heavy volume breaks tests key support

Business / Leave a Comment

According to CoinDesk Research’s technical analysis data model, bitcoin BTC$102,310.74 pulled back in a measured fashion during Tuesday’s trading session, falling from $103,177 to $102,203, while carving out a clear bearish structure after probing session highs above $105,300. The world’s most valuable cryptocurrency moved within a hefty $3,289 range, with the critical breakdown materializing at

BTC falls 0.9% as heavy volume breaks tests key support Read More »

BCH Gains 1.9% at $518 Breaking Key Resistance

Business / Leave a Comment

According to CoinDesk Research’s technical analysis data model, BCH$520.17 posted solid gains during Wednesday’s session, rising 1.9% from $508.32 to $518.01 amid heightened volatility across crypto markets. The move established clear bullish momentum within a $32.78 trading range, representing 6.4% intraday volatility, as BCH outperformed while most altcoins stumbled into key resistance zones. The decisive

BCH Gains 1.9% at $518 Breaking Key Resistance Read More »

Sui Launches Native USDsui Through Stripe’s Bridge

Business / Leave a Comment

The popular Sui blockchain ecosystem is launching USDsui, a new US-compliant stablecoin built using Bridge’s recently introduced Open Issuance platform. Bridge, a Stripe-owned company, provides the infrastructure to issue compatible digital dollars designed to work across multiple blockchains. USDsui will serve as Sui’s initial stablecoin, accessible across wallets, decentralized finance (DeFi) protocols and applications built

Sui Launches Native USDsui Through Stripe’s Bridge Read More »

BONK falls 5% to $0.00001223 as resistance stops and volume rises 48%

Business / Leave a Comment

BONK fell more than 5% to $0.00001213 over the past 24 hours as the Solana-based meme token failed to sustain momentum above key resistance levels. The drop came after a brief attempt to rally past $0.0000130, which was quickly reversed amid heavy trading activity, according to CoinDesk Research’s technical analysis data model. Volume peaked at

BONK falls 5% to $0.00001223 as resistance stops and volume rises 48% Read More »

House votes to reopen government as Congress suddenly ramps up crypto work

Business / Leave a Comment

A majority of the US House of Representatives voted in favor of a funding bill to reopen the government late Wednesday after a record 42-day shutdown, sending the continuing resolution to President Donald Trump’s desk for his signature. The government appeared to remain shut down for the foreseeable future before a group of Senate Democrats

House votes to reopen government as Congress suddenly ramps up crypto work Read More »

HBAR falls 0.6% to $0.18 amid an indecisive trading session

Business / Leave a Comment

HBAR fell 0.6% to $0.1849 in Tuesday’s volatile session, testing the lower bound of its most recent trading range. The decline from $0.1860 unfolded over a $0.0090 range, generating nearly 5% intraday volatility as traders probed key support and resistance levels. Trading activity picked up and volume hit 85.9 million tokens – 47% above the

HBAR falls 0.6% to $0.18 amid an indecisive trading session Read More »

Dubai Court Freezes $456 Million in Justin Sun’s Rescue of TrueUSD Issuer Techteryx

Business / Leave a Comment

The $456 million reserve shortfall that forced Justin Sun to bail out the token holders of the TrueUSD stablecoin is now the subject of a worldwide freezing order upheld by Dubai’s Digital Economy Court. The dispute centers on whether funds from TrueUSD’s reserves were improperly funneled into Aria Commodities DMCC, a Dubai-based trade finance firm

Dubai Court Freezes $456 Million in Justin Sun’s Rescue of TrueUSD Issuer Techteryx Read More »

Down 4% as ETF news fails to break resistance

Business / Leave a Comment

Chainlink’s LINK token fell 4% on Wednesday after bumping into strong technical resistance amid broader crypto market weakness. The withdrawal came as Bitwise’s proposed Chainlink ETF was spotted on the DTCC registry under the ticker CLNK, signaling operational readiness for a potential launch. The development initially sent LINK higher, testing resistance near $16.25, CoinDesk Research’s

Down 4% as ETF news fails to break resistance Read More »