FSC Chair Defends Proposed Crypto Exchange Ownership Caps in South Korea

South Korea’s top financial regulator said crypto exchanges should face ownership limits similar to those applied to securities markets, signaling a harder public stance on governance reforms under the country’s proposed Digital Asset Basic Act. According to a report by The Korea Times, the Financial Services Commission (FSC) Chair Lee Eog-weon said licensed crypto exchanges…

Watch These Bitcoin Price Levels Ahead of Fed Chair Powell’s Speech

Bitcoin (BTC) is attempting to break the resistance at $90,000 on Wednesday, as traders expect volatile price swings before and after the US policy decision on interest rate cuts.  Key takeaways: The odds of the US Federal Reserve leaving interest rates unchanged today are 100%. BTC price may drop as low as $65,500 if the…

Altcoin strength builds as HYPE, JTO climb, BTC price consolidates, dollar falls: Crypto Markets Today

Bitcoin BTC$89,528.73 traded little changed Wednesday after gaining yesterday as the dollar weakened. Ether ETH$3,023.69 gave up some of its gains. Instead, advances came from other parts of the altcoin market. Hyperliquid’s native HYPE token extended gains, adding 11% since midnight UTC, and Solana liquid staking token JTO$0.3888 surged 32%, its biggest one-day gain since…

Fed Money Printing For Japan Good For Bitcoin: Arthur Hayes

Bitcoin could break out of its “sideways funk” if the United States central bank attempts to support a failing Japanese bond market by printing money, according to BitMEX founder Arthur Hayes. Hayes proposed a theory on Wednesday about how the Federal Reserve “could be printing money to manipulate the yen and JGB [Japanese government bond]…

Ethereum AI Agent Standard ERC-8004 Launches This Week

An Ethereum smart contract standard enabling trustless artificial intelligence agent communication on the network is “probably” going to be deployed on mainnet on Thursday, according to Marco De Rossi, head of AI at MetaMask. Further development of ERC-8004 has been “frozen […] and we will go to mainnet midweek, probably around Thursday, 9 AM ET,”…

UK Bans Coinbase Ads For Trivializing Crypto Risks: Report

The UK’s advertising watchdog has reportedly banned a series of Coinbase advertisements claiming they presented the crypto exchange as a solution to cost-of-living concerns while making light of the risks of investing in crypto. The UK Advertising Standards Authority said the ads — which included a satirical musical-style video and three posters — were “irresponsible”…

Bitcoin Bears Hold Advantage In Friday’s $10.8B Options Expiry

Key takeaways: Bearish options strategies maintain an edge unless Bitcoin secures a decisive price breakout above 90,000. Traders are using $100,000 call (buy) options as income tools rather than direct bets on a massive Bitcoin rally. Bitcoin (BTC) has rebounded multiple times from the $87,000 level over the past two months, but traders remain skeptical…

ETH is already 20% of the way toward quantum resilience

Antonio Sanso, cryptography researcher at the Ethereum Foundation, is confident the blockchain will be quantum secure long before a quantum attack is even possible. ”We as the Ethereum Foundation (EF) and Ethereum community are working massively on this topic,” he told Cointelegraph. “The research part is probably the part that has been already figured out….

Steak ‘N Shake Adds $5M To Strategic Bitcoin Reserve

US fast-food restaurant chain Steak ’n Shake has added $5 million worth of Bitcoin to its Strategic Bitcoin Reserve as part of a pledge to funnel all sales made in Bitcoin straight into the fund. The move takes the company’s total Bitcoin (BTC) holdings to $15 million, equivalent to roughly 167.7 BTC at the time…

Tether’s USAT stablecoin could be a ‘threat’ to Circle’s USDC for institutional dollars

Tether’s new stablecoin, USAT, could pose the first serious challenge to Circle’s (CRCL) USDC in the U.S. market, analysts say — if it can win over institutions. Launched in partnership with federally chartered bank Anchorage Digital and Cantor Fitzgerald, USAT is Tether’s first attempt at a U.S.-regulated dollar token aimed at institutional users. Tether’s flagship…