Solana (SOL), a popular altcoin, has recently seen its value increase by nearly 30%. This rally is largely driven by a significant surge in trading activity, particularly in its futures market. High Futures Open Interest Signals Bullish Momentum A key indicator of this bullish trend is the all-time high in Solana’s futures open interest, which … Read more
South Korea is reportedly lifting a ban that has prevented crypto companies from being classified as venture companies, which will give them access to significant financial benefits. During a cabinet meeting on Tuesday, the Ministry of SMEs and Startups passed a partial revision to the Venture Business Act Enforcement Decree, with the change set to … Read more
Backpack, a crypto exchange and wallet platform, is preparing to launch its services in multiple U.S. states later this year, pending license agreements. Founder and CEO Armani Ferrante has stated that the U.S. has always been a top priority, despite the company’s previous focus on markets with more streamlined regulations, such as Dubai, Japan, and … Read more
The Hong Kong Monetary Authority (HKMA) has announced a new set of regulations for crypto assets under the Basel Capital Rules, which will take effect on January 1, 2026. This policy will significantly impact how banks manage digital assets and is designed to align Hong Kong’s standards with global financial norms. The new rules establish … Read more
The cryptocurrency market has seen a broad rally, with the total market capitalization increasing by 1.8% to $3.95 trillion. This surge is largely attributed to new U.S. inflation data that came in softer than anticipated. Bitcoin led the charge, climbing 2.22% to trade above $113,800. Other major cryptocurrencies also posted solid gains, including Ethereum (1.55% … Read more
A new study by Chainalysis reveals that Sub-Saharan Africa is the third-fastest growing crypto market globally. The region recorded $205 billion in on-chain value between mid-2024 and mid-2025, a 52% increase from the previous year. This growth is largely driven by crypto’s use in everyday life rather than as a speculative investment. A key factor … Read more
According to a report by the Financial Times, the Avalanche Foundation is in “advanced discussions” to create two cryptocurrency treasury companies in the U.S. The foundation reportedly aims to raise a total of $1 billion through these ventures. One of the deals, led by Hivemind Capital and advised by Anthony Scaramucci, involves a private investment … Read more
In a new collaboration with a Solana ecosystem partner, WLFI has launched “Project Wings” to improve the trading environment on the Solana blockchain. This initiative introduces the USD1 trading pair on two decentralized exchanges, BONK.fun and Raydium Launchpad, starting on September 11, 2025. This partnership is designed to enhance market experiences for traders and potentially … Read more
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, has significantly revised its cryptocurrency framework by 2025. The country has moved away from a mandatory, state-driven model toward a more regulated and voluntary one, balancing a crypto-friendly environment with international financial standards. Key Policy Changes and Timeline January 2025: The government … Read more
ARK Invest, the asset management firm led by Cathie Wood, has made a significant shift in its portfolio by increasing its exposure to crypto assets. The firm recently purchased $4.46 million worth of shares in BitMine Immersion Technologies across three of its ETFs. This strategic move coincides with ARK trimming its position in the stock … Read more