Stablecoin and CBDC Can Work Together: Kazakh National Bank

Kazakhstan is moving forward with a dual-track approach to digital assets, piloting its central bank digital currency (CBDC) while also backing a state-linked stablecoin. In September, the National Bank of Kazakhstan launched the Evo stablecoin in collaboration with Solana and Mastercard, marking one of the first cases of state-backed stablecoin development worldwide. The central bank…

Nomura-Owned Laser Digital Plans Crypto License Application in Japan: Bloomberg

Laser Digital, a subsidiary of the Nomura Group, is planning to expand its crypto offering in Japan, Bloomberg reported on Friday. The Switzerland-based unit is in pre-consultation talks with Japan’s Financial Services Agency (FSA) as it prepares to apply for a crypto trading license to offer services to institutional clients, according to the report citing…

Fresh Bitcoin Accumulation Set To Take Place At $120K

Key takeaways: Bitcoin clears the $120,000 hurdle as long-term holder selling pressure eases. Short-term holders are absorbing losses, signaling market stabilization. Neutral LTH flows may set the stage for a decisive breakout. Bitcoin (BTC) rallied above $120,000 for the first time since Aug. 13 as onchain data suggested the market may be entering an accumulation…

BNB Price Surges Past $1,100 Amid Ecosystem Growth and Token Burns

BNB, the native token of the BNB Chain —a layer-1 blockchain created by crypto exchange Binance — has reached a new all-time high amid plans for upgrades and a broader market rally. The token reached $1,111.90 for the first time on Friday, after rising more than 7.4% in the last 24 hours and surging 17.5%…

Strategy’s $77B Bitcoin Treasury Rivals Nations’ GDP

Michael Saylor’s digital asset treasury firm, Strategy Inc., just hit a new all-time high in crypto value; it is now worth more than several leading banks and equivalent to the gross domestic product of some nations.  “Our journey began with $0.25 billion in Bitcoin — and an immediate $0.04 billion unrealized loss,” said Saylor on…

Unity Flaw Threatens Android Games, Crypto Wallets At Risk

The Unity gaming platform is quietly rolling out a fix for a vulnerability that allows third-party code to run in Android-based mobile games, which can potentially target mobile crypto wallets, according to two sources who asked to remain anonymous.  The vulnerability affects projects dating back to 2017, according to the sources, who added that the…

ETHZilla CEO Predicts Ethereum as Future of Finance

ETHZilla CEO McAndrew Rudisill has revealed he made the decision to go all in on Ethereum after seeing its potential in the nearly trillion-dollar global remittance market. Two months later, his formerly floundering biotechnology company is now the eighth-largest public Ethereum treasury in the world. “Ethereum is effectively a gateway for money supply globally to…

SEC silent on Canary Litecoin ETF Amid Uncertainties

Canary Capital’s spot Litecoin exchange-traded fund is in limbo after the US Securities and Exchange Commission took no action on Thursday, the original deadline for it to make a decision. The SEC’s silence has left the crypto community uncertain about how the regulator will function amid a federal government shutdown and how its new generic…

ETH Setup Hints at 100% Rise After Potential Bottom at 3.9K

Key takeaways: Ethereum may have found a floor at $3,900, signaling a local bottom. A rare Power of 3 pattern suggests a potential 80% to 100% breakout in Q4.  Ether (ETH) may have signaled a local bottom at $3,900, with a key technical pattern pointing to the possibility of another large-scale breakout. As identified in…

SEC silent on Canary Litecoin ETF Amid Uncertainties

Canary Capital’s spot Litecoin exchange-traded fund is in limbo after the US Securities and Exchange Commission took no action on Thursday, the original deadline for it to make a decision. The SEC’s silence has left the crypto community uncertain about how the regulator will function amid a federal government shutdown and how its new generic…