Author: Digicoinvision

The banking arm of South Korean IT giant Kakao Corporation is reportedly ramping up plans to offer stablecoin services amid a regulatory shift in the country after the election of pro-crypto president Lee Jae-myung.KakaoBanks’ chief financial officer Kwon Tae-hoon said during the company’s first-half 2025 earnings call that the company is “reviewing various methods such as issuance and custody,” and “plans to actively participate,” in the “digital asset ecosystem,” ZDNet Korea reported on WednesdayKwon added that the initiative is being spearheaded in cooperation with Kakao’s Stablecoin Task Force, which includes top leadership from its core affiliates including KakaoPay.KakaoBanks’ stablecoin move…

Bitcoin short-term holders in profit have eased their selling activity as Bitcoin’s price continues to slowly climb above its local low of $112,000, according to onchain analytics platform Glassnode.Profit-taking among Bitcoin Short-Term Holders (STH) — those holding for less than 155 days — has “cooled off,” Glassnode said in a markets report on Wednesday. The analytics firm explained that Bitcoin (BTC) STH spent volume, which measures the proportion of recent buyers in profit selling their Bitcoin, has dropped to 45%, below the neutral level.Market in “relatively balanced position”Glassnode said figures suggest the market “is in a relatively balanced position, with…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a recent analysis by The Motley Fool, a private financial and investing advice company based in the US, the implications of President Donald Trump’s support for the cryptocurrency sector have come under scrutiny, particularly regarding Ethereum (ETH), the second-largest cryptocurrency by market capitalization.  Trump has consistently advocated for the crypto industry, surrounding himself with pro-crypto advisors and advancing initiatives such as the establishment of a US Strategic Bitcoin Reserve.  His administration is actively promoting legislation that would establish the United States as a global leader in…

One trader is seeing million dollar profits on a Solana (SOL)-based memecoin in just months, according to on-chain data. Blockchain tracking firm Lookonchain says that one investor in TROLL is looking at a gain of more than 130,000% after the memecoin inspired by the internet trolling culture had an explosive rally over the last month. “From $2,900 to $3.78 million in just 3.5 months – a 1,300x return! Trader ‘frostx.sol’ spent $2,900 to buy 20.91 million TROLL three months ago, sold 2.55 million for $50,700 and still holds 18.36 million TROLL ($3.73 million). With TROLL’s recent surge, his position has…

Ethereum price found support near the $3,540 zone and recovered. ETH is rising and might soon aim for a move above the $3,740 zone. Ethereum started a fresh increase above the $3,540 and $3,580 levels. The price is trading above $3,620 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,625 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,540 zone in the near term. Ethereum Price Aims Higher Ethereum price started a fresh increase from…

Join Our Telegram channel to stay up to date on breaking news coverage SBI Holdings has expressed plans to launch Japan’s first dual Bitcoin-XRP ETF (exchange-traded fund) and says it wants to expand into stablecoins.  In its Q2 2025 earnings report, the firm said the “Crypto-Assets ETF” will offer investors a single entry point into a structure that will track both XRP and BTC simultaneously.  If approved, that would be the first ETF in Japan to track XRP, which is currently the third largest crypto by market cap. ‼️THE PRICE SUPPRESSION OF XRP IS COMING TO AN END‼️ Directly from…

Ripple’s move to launch a national trust bank is drawing fire for threatening to erode regulatory safeguards, destabilize the banking system, and blur core institutional boundaries. Ripple’s Bank Ambitions Collide With Legacy Finance The Independent Community Bankers of America (ICBA), which represents around 5,000 community banks across the country, has formally objected to Ripple Labs’ […]

Ethereum (ETH) has mirrored the broader cryptocurrency market’s recent downturn, with its price declining by 4% over the past week. As of today, ETH trades at approximately $3,598, reflecting a 1% decrease in the past 24 hours. This pullback follows months of mixed price action across the market, as traders balance optimism over long-term fundamentals with short-term risk management. New insights from on-chain data suggest heightened market activity surrounding Ethereum despite its failure to reclaim the $4,000 mark. Analysts point to unprecedented levels of Open Interest (OI) in Ethereum futures contracts, combined with record daily transactions on its network. While…

Key Takeaways Ethereum is starting to show signs of distribution. Its ETFs saw the biggest outflow ever. That lines up with the drop below $3.6k. Is more downside coming? Ethereum’s [ETH] has been range-bound since tagging $3,900, and the price is now sitting at a key pivot. The 10% pullback off the highs looks like a textbook flush, clearing out weak longs and cooling overheated funding. Open Interest takes a $10B hit Backing that up, over $10 billion in Open Interest got wiped out in just ten days. That’s a major de-risk across the board. Plus, we saw back-to-back $1…

Today in the Southern District of New York (SDNY), Tornado Cash co-founder Roman Storm was found guilty of the second count on his indictment, conspiracy to operate an unlicensed money transmitting business. The Tornado Cash trial has concluded.Roman Storm has been found guilty of the conspiracy to operate an unlicensed MTB charge.Here are my thoughts on the outcome, the government’s (rejected) motion to remand Storm, and what comes next. pic.twitter.com/T41TtEL9Kh— Frank Corva (@frankcorva) August 6, 2025 The jury did not come to a unanimous verdict on the other two counts — conspiracy to commit money laundering and conspiracy to violate…