Bitcoin Falls To Key Support As New Headwinds Emerge

Key takeaways: War, rising oil prices and Strategy’s Bitcoin sales put extra pressure on BTC’s $60,000 support. Strategy’s Bitcoin sales and fears that a global regulatory crackdown on crypto is being reignited are adding to fragile crypto market conditions. Bitcoin traded down 3.5% on Wednesday as new developments in the US-Iran war pushed oil prices…

Tokenized Stock Transfers Top $8.4B as Market Reaches $2.16B

Tokenized stock transfers more than doubled over the past month to $8.41 billion, according to RWA.xyz data, as activity in onchain equity markets continued to accelerate. The sector’s distributed value also climbed 43% over the same period to $2.16 billion, while the number of holders increased 17% to more than 409,000, according to the data…

Officials Set to Revise MiCA to Cover Non-EU Stablecoin Issuers: Report

European Union officials are reportedly planning to revise the Markets in Crypto-Assets (MiCA) framework amid the implementation of a US law on stablecoins. According to a Wednesday report from Euronews, EU officials planned to revisit proposed changes to MiCA to broaden the framework’s scope, specifically regarding non-EU companies issuing stablecoins.  The revised rules, which authorities…

After a four-year U.S. ban, Polymarket mounts a major comeback campaign

Polymarket, which began its return to the U.S. after a four-year ban with the acquisition of QCEX a year ago and the introduction of a mobile trading app in December, has started a campaign to persuade policymakers, regulators and potential users that it is trustworthy, Associated Press reported on Wednesday. According to AP, Polymarket is…

Bitcoin Battles Downside as Iran Ceasefire Failure Sends Oil Past $75

Bitcoin (BTC) stayed below $62,000 after Wednesday’s Wall Street open as US president Donald Trump closing a key world oil route. Key points: Bitcoin drops to $61,500 as Trump says that the ceasefire with Iran is “over.” Both sides reportedly threaten to close the Strait of Hormuz, sending oil prices soaring. Bitcoin traders anticipate new…

South Korea’s Toss Partners with Optimism to Test Won Stablecoins: Report

Viva Republica, the operator of South Korea-based mobile money transfer app Toss, reportedly signed a memorandum of understanding with blockchain company Optimism to test a Korean won-based stablecoin infrastructure for institutional payments. The companies, along with privacy solutions provider Sunnyside Labs, will conduct a three-month proof of concept (PoC) using Optimism’s OP Stack and Sunnyside’s…

ESMA Reviews Crypto Custody Security Under EU Rules

The European Securities and Markets Authority (ESMA), a key EU regulator supporting the implementation of the Markets in Crypto-Assets (MiCA) framework, is launching a dedicated process for reviewing crypto custody providers. ESMA plans to conduct a common supervisory action (CSA) focused on the operational resilience of crypto-asset service providers (CASPs), with a specific emphasis on…

StarkWare CEO Proposed 4% Bitcoin Inflation Model

The debate over whether Bitcoin’s fixed supply cap should be lifted has resurfaced after StarkWare CEO Eli Ben-Sasson suggested Tuesday that it should replaced with a 4% annual issuance rate. In a post to X on Tuesday, Ben-Sasson said the current 21 million cap “doesn’t make sense” because private keys are lost over time and…

Base To Launch B20 Standard For Fungible Tokens On Mainnet

Coinbase-backed Ethereum layer-2 network Base is set to activate its B20 token standard on mainnet, introducing a native framework for stablecoins, tokenized real-world assets (RWAs) and other fungible tokens.  According to Base documentation, B20 is scheduled to go live at 6 pm UTC on the mainnet, enabling developers to begin creating tokens under the new…

Ripple news: XRP Ledger v3.2.0 rollout gains ground but trails version its replacing

The XRP Ledger’s newest server software, v3.2.0, designed to make the network cheaper to run, more stable, and more attractive for institutional use, is gaining adoption. However, it has yet to overtake the previous version (3.1.3) across the wider network, and the key security fixes that come with it remain in the voting process. Of…