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With South Korea’s CBDC plans died, cocoa bank joins to stableecoin Gold Rush

Cocoa Bank is preparing to enter South Korea’s rapidly growing stablecoin sector, according to local reports. In the first semi-annual revenue call on Tuesday, Kakaobank CFO Kwon Tae-Hoon said the company “actively considering” roles in both stableecoin issuing and custody, with participation in accordance with the country’s changing digital asset policies. “We are planning to

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Crypto -Market Capital Stop to $ 3.7T when dealers rotate out, institutions doubled on BTC, ETH

Crypto Market Cap holds within a tight $ 3.6 trillion- $ 3.8 trillion range when dealers draw liquidity and shift focus to the micro-cap tokens in the first week of August, with some warning of a summer mood to continue. Bitcoin (BTC) tested its 50-day sliding average again on Tuesday, signaling fatigue, while wider market

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Bitcoin’s volatility disappears to levels not seen since October 2023

Bitcoin’s (BTC) volatility melting continues as cryptocurrency remains stagnant with slow price between $ 110,000 and $ 120,000. Cryptocurrency’s 30-day implicit volatility, represented by Volmex’s BVIV index, dropped to an annual 36.5% late Wednesday and reached levels last viewed in October 2023, when BTC traded under $ 30,000, according to Data Source Tradingview. The new

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Coindesk 20 Performance Update: Polygon (Poly) gets 4.1%, which leading index higher

Coindesk -Index presents its daily market update and highlights the results of managers and laggards in the Coindesk 20 index. Coindesk 20 is currently trading at 3754.73, an increase of 0.2% (+6.01) since 16:00 on a Tuesday. Fourteen of 20 assets are higher. Leaders: POL (+4.1%) and BCH (+2.2%). Laggards: LTC (-3.3%) and XLM (-1.4%).

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ASIA MORNING BRIEFING: BTC slides into “air gap” with low fluid, as operation after at-to-to-to-to-to-to-be that that is continuing

Good morning, Asia. Here’s what makes news in the markets: Welcome to Asia Morning Briefing, a daily overview of top stories during the US HOURS and an overview of market movements and analysis. For a detailed overview of US markets, see Coindesk’s Crypto Doybook Americas. Bitcoin (BTC) draws water around $ 115K Thursday morning in

ASIA MORNING BRIEFING: BTC slides into “air gap” with low fluid, as operation after at-to-to-to-to-to-to-be that that is continuing Read More »

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