Bitcoin slipped under $60,000 for the first time since October 2024 as crypto stocks, ETFs and major tokens fell in a broad market retreat.
Bitcoin fell 4 percent to $64,721.39, extending a broad digital asset selloff marked by fund withdrawals and leveraged liquidations.
JPMorgan CEO Jamie Dimon challenged the CLARITY Act over stablecoin rewards, sharpening a US debate in Congress on crypto market regulation.
THORChain faced a major cross-chain security incident after a compromised vault led to a halt in trading and protocol-owned crypto losses.
Crypto stocks advanced as Circle surged and bitcoin topped $80,000 intraday, while Senate progress on the CLARITY Act improved investor mood.
Gen Z is driving crypto adoption as 2025 surveys and official reports show younger investors entering markets earlier and holding more digital assets.
Trump backs crypto firms as banks fight stablecoin yield rules, complicating the CLARITY Act while regulators move to enforce GENIUS Act limits.
Ripple’s FCA approval boosts its UK presence as XRP trades near $2, reflecting market stability and growing institutional confidence in regulated assets.
FinTech
Binance is set to launch four new trading pairs on September 4, 2024, including AAVE/USDC, as part of its strategy to expand offerings amid market fluctuations.
Ripple unlocked 1 billion XRP tokens from escrow, raising concerns over supply management as XRP’s price drops 2.4% to $0.557. Ripple faces growing market scrutiny.
Rakeez Financial, a prominent player in Saudi Arabia’s fintech landscape, has recently…
Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy,…
Business
JPMorgan CEO Jamie Dimon challenged the CLARITY Act over stablecoin rewards, sharpening a US debate in Congress on crypto market regulation.
Policy
Beijing broadens digital asset rules to stablecoins and tokenized assets, reinforcing approval requirements and oversight for overseas digital finance activity.