Solana’s (SOL) price recently demonstrated a “show of strength,” quickly recovering after a brief dip, suggesting that large investors (“whales”) are quietly accumulating the asset. Key Signs of Whale Accumulation and Technical Strength: Buying the Dip: After briefly falling toward the $180 support level (following recent tariff news), SOL quickly bounced back to around $197. … Read more
Japan’s financial regulators are moving to explicitly ban cryptocurrency insider trading, aiming to close a loophole in existing laws. The Financial Services Agency (FSA) is preparing amendments to the law that would make trading based on non-public information a prohibited act in the crypto market. The change would allow for financial penalties proportional to illegal … Read more
Washington’s long-anticipated effort to establish clear crypto regulation has hit a political wall, pushing the timeline for meaningful action potentially into the post-election landscape of next year, according to an assessment by TD Cowen’s Washington Research Group. The Regulatory Stand-Off The bipartisan project has devolved into a gridlock over fundamental issues: the definition of digital … Read more
JPMorgan is significantly scaling up its exposure to the blockchain and crypto sectors, with plans to offer cryptocurrency trading services to its clients. This move was confirmed by Scott Lucas, the bank’s global head of markets and digital assets, during an appearance on CNBC’s Squawk Box Europe. However, Lucas clarified that directly custodying crypto for … Read more
California Governor Gavin Newsom has signed Senate Bill 822 (SB 822), making California the first state to explicitly prohibit the forced liquidation of unclaimed cryptocurrency. The new law mandates that digital assets, such as Bitcoin and Ethereum, must be transferred to state custody in their original form, rather than being converted to cash. The legislation … Read more
Kenya has taken a major step toward formalizing its cryptocurrency sector after its parliament passed the Virtual Asset Service Providers (VASP) Bill last week. This legislation marks the country’s first comprehensive law for regulating cryptocurrencies and virtual assets, which is expected to boost investor confidence and attract global interest. The bill now awaits President William … Read more
Institutional players SharpLink and BitMine have demonstrated overwhelming conviction in Ethereum ($ETH), using the recent sharp market drawdown as a strategic opportunity to accumulate and highlight its utility as a yield-generating corporate treasury asset. SharpLink Highlights $500M in Gains from Onchain ETH Strategy SharpLink ($SBET), a company utilizing an onchain treasury strategy since June, publicly … Read more
Citi (C) is set to significantly expand its digital asset offerings with the planned launch of a cryptocurrency custody service in 2026. This move, which has been three years in the making, will enable the Wall Street bank to securely hold native digital currencies like Bitcoin and Ether for its institutional clients. According to Biswarup … Read more
Nigel Farage, the leader of Reform UK, has positioned himself as the leading champion of the crypto industry in Britain, unveiling an ambitious pro-crypto agenda at the Digital Asset Summit 2025 in London. Declaring, “I am your champion,” Farage pledged to transform the UK into a global crypto hub, a move that mirrors Donald Trump’s … Read more
Bhutan is moving its National Digital Identity (NDI) system from Polygon to the Ethereum blockchain to enhance security, as the country continues to lead in blockchain innovation. The full transition is anticipated by the first quarter of 2026. Jigme Tenzing, Secretary of the GovTech Agency, emphasized that the shift will further strengthen the security of … Read more