HBAR trades near $0.09060 as ETF inflows top $99.07M and 15 more HBAR funds await SEC review near key resistance. HBAR gained renewed ETF-related interest after claims of more than $99.07 million in cumulative inflows and 15 additional HBAR ETFs awaiting SEC review. The token traded near $0.09060 on Coinbase,...
Coinbase Adds 25x Gold and Silver Perps Settled in USDC for Global Users
Coinbase launches USDC-settled gold and silver perpetual futures with up to 25x leverage for eligible non-U.S. traders. Coinbase has expanded its derivatives offering with gold and silver perpetual futures for eligible non-U.S. traders. The products, GOLD-PERP and SILVER-PERP, are settled in USDC and offer leverage of up to 25x. The...
South Korea Confirms 22% Crypto Tax Starting January 2027
South Korea confirmed that crypto taxes will take effect in January 2027. Taxation applies to profits over 2.5 million KRW annually. The tax rate is 22% (20% national + 2% local). South Korea has finalised its official schedule for taxing digital assets. The government will start collecting taxes from cryptocurrency...
Kraken Parent Payward to Acquire Reap Technologies for $600 Million
Payward, the parent company of Kraken, will acquire Reap Technologies for $600 million to expand stablecoin payments and cross-border financial services globally. Kraken’s parent company, Payward Inc., has announced a major deal to acquire Reap Technologies for $600 million. According to Bloomberg, the deal is significant for Payward, as it...
BlackRock Adds $134 Million in Bitcoin as ETF Demand Surges
BlackRock’s Bitcoin ETF adds $134M in BTC as spot Bitcoin ETFs see $46.2M in May 6 inflows after a nearly $2B April. BlackRock’s spot Bitcoin ETF added about $134 million in Bitcoin as demand returned across U.S. spot Bitcoin funds. The purchase came during a fresh inflow day for the...
DeFi Exploit Wave Continues as 1inch Partner Suffers $5.87M Loss
TrustedVolumes became the fifth major DeFi exploit in May as resolver contract risks drew fresh scrutiny. Decentralized finance has once again been hit with news of a fresh security breach. Another exploit has struck infrastructure connected to decentralized exchange aggregator 1inch, adding to a growing list of attacks across the...
Federal Prosecutors Crack Down on $250M Crypto Fraud and Burglary Operation
Federal prosecutors tied home burglaries and laundering schemes to a $250M cryptocurrency theft network. Federal authorities have secured another major conviction tied to a sprawling cryptocurrency crime network that operated across the United States. Prosecutors said the group stole more than $250 million through social engineering schemes, home burglaries, and...
Kraken Rolls Out Spot Margin Trading After Securing Bitnomial Infrastructure
U.S. retail traders can now access regulated crypto spot margin trading with up to 10x exposure. Kraken is opening regulated spot margin trading to eligible U.S. customers. Retail traders in the U.S. can now access spot margin products that were previously limited to institutions and high-net-worth clients. Kraken said the...
Dogecoin Hits 0.1172 Channel Target as Traders Book Fresh Profits
Dogecoin hits the $0.1172 channel target as traders book profits, while DOGE stays below the key $0.1244 resistance level. Dogecoin reached the $0.1172 channel target after a short-term recovery from lower support levels. The move placed DOGE back in market focus as traders booked fresh profits near resistance. DOGE later...
XRP Symmetrical Triangle Setup Points To Key Battle Near 1.90 Resistance
XRP trades near $1.43 as a tightening triangle setup puts focus on $1.80-$1.90 resistance, with $2.30 as the next chart level. XRP traded near $1.43 on the daily chart as market focus moved toward a tightening symmetrical triangle setup. The pattern shows price compression between rising support and falling resistance,...