Apex and Polygon Launch ERC-3643 Chain for Tokenized Assets

Apex Group’s Tokeny has tapped Polygon Labs to launch T-REX Ledger, a compliance-focused blockchain designed to help regulated tokenized assets move across networks without repeating investor checks and transfer restrictions. In a Thursday release shared with Cointelegraph, the project said it targets a key friction point in tokenized markets. ERC-3643 is an Ethereum-based token standard…

Ethereum Faces $2.5B Long Liquidation Risk If ETH Dips Below $2,100

Ether (ETH) traded lower on Thursday after a fresh knee-jerk reaction to yesterday’s US interest rate decision and a higher inflation outlook. Key takeaways: ETH dropped 7% to $2,100 on Thursday, liquidating $144 million in longs. A break below $2,000 could trigger over $2.5 billion in additional long liquidations across exchanges. The 50-day moving average…

Canada Targeting Crypto Firms With Increased Regulatory Action

Canada’s financial intelligence unit has revoked the registrations of 50 money services businesses (MSBs) so far this year, with 47 related to crypto, and the minister of finance said it will continue cracking down. Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) said on Monday that it took its most recent action, revoking 23 MSB…

Bitcoin Chases $72K After Fed Decides To Hold Rates: Is BTC Selling Over?

Bitcoin’s (BTC) bullish start to the week faced a halt on Wednesday, as BTC dropped 3.4% to $70,900 alongside a broader sell-off in US stocks.  The correction followed a hotter-than-expected Producer Price Index (PPI) report, which was 0.7% higher than the 3.4% year-on-year estimate. Despite the sell-off, spot demand remained steady, with buyers absorbing pressure…

Crypto Traders Eye ‘Bullish Relief Rally’ After Fed Interest Rate Hold

Crypto traders have become hopeful for a market rally after the US Federal Reserve held interest rates steady on Wednesday, according to crypto sentiment platform Santiment. However, analysts are split on whether a near-term market surge is a reliable signal for traders. “For now, traders are expecting a bullish relief rally in spite of no…

Bitcoin OGs dump over $100 million in BTC after hawkish Fed dents rate cut hopes

Bitcoin’s BTC$70,565.84 biggest early holders, often called original gangsters, are hitting the sell button after the Federal Reserve rattled expectations for lower borrowing costs. Blockchain data tracked by Lookonchain shows at least two long-term holders together dumped over 1,650 BTC worth more than $117.87 million early Thursday. One veteran whale who previously sold an 11,000‑BTC…

Cari Taps ZKsync’s Prividium as US Banks’ Answer to Stablecoins

Cari Network, a permissioned network for banks led by former United States Comptroller of the Currency Gene Ludwig, has chosen Matter Labs’ Prividium infrastructure to power a bank-governed tokenized deposit network for US regional and mid-sized lenders.  Built on ZKsync and anchored to Ethereum, the platform is designed to let participating banks issue and move…

Coinbase User IRS Block Petition Dismissed After Procedural Failure

A California court on Wednesday dismissed a Coinbase user’s attempt to block an IRS summons for his financial records, in at least the second such case in the past year to fail to reach trial.  Roger Metz filed a petition in the Northern District of California in May 2025 to quash an IRS summons ordering…

Bitcoin Trips After FOMC But Bulls May Keep Buying

Key takeaways: Spot market demand through US-listed ETFs and Strategy buying BTC supports Bitcoin’s bullish momentum. Low leverage among Bitcoin bulls reduces the risk of cascading liquidations even if prices drop another 5%. Rising inflation concerns negatively impact fixed-income returns, paving the way for an eventual rotation from gold into Bitcoin. Bitcoin (BTC) faced a…

Fold Revenue Rises 8% in Q4 Amid Continued BTC Rewards Push

Bitcoin financial services firm Fold reported an 8% surge in revenue in Q4 to $9 million as it gained another 2,000 customers and rolled out more products aimed at integrating Bitcoin reward schemes into consumer spending. The results come just weeks after it released a Fold Bitcoin Rewards Credit Card, a Visa and Stripe-powered product,…