Category: crypto

Switzerland’s AMINA Bank AG has received regulatory approval to offer crypto trading and custodial services to institutional clients in Hong Kong. The bank will offer 13 cryptocurrencies to professional investors, aiming to address a gap in the market. AMINA has also expanded its services in Europe, including securing a MiCA license.

KuCoin has opened a new office in Sydney, Australia, appointing James Pinch as managing director to lead operations. The exchange plans to hire locally and engage with the community through events like the Australian Crypto Convention. KuCoin’s expansion into Australia follows its entry into Thailand earlier this year and comes as the country considers new…

Ethereum is trading near key support levels amid market volatility, with long-term holders accumulating coins despite selling pressure. Technical analysis shows mixed signals, with the 200-week moving average acting as support and the 50-week moving average as resistance. Current price levels indicate interest from long-term investors and institutions.

Bitcoin’s value dropped below $90,000, erasing 2025 gains and causing concern in the digital asset space. Economic uncertainties and overvaluation are contributing to the decline, with $19 billion in liquidations triggered in October. Institutions are adjusting their positions as support levels decrease, with options traders predicting further declines.

Grab and StraitsX have announced a deal to develop Web3-enabled payment infrastructure in Asia, integrating digital asset wallets and stablecoin settlements for consumer transactions through the Grab app. The collaboration aims to reduce fees, improve transparency, and enhance interoperability with existing payment rails, pending regulatory approval.

Bitcoin’s price fell below $91,500, erasing all year-to-date gains as the total cryptocurrency market capitalization dropped by 30% since October 6. Traders are betting on further declines in Bitcoin, with demand for downside protection increasing. Economic factors like Nvidia’s earnings report and potential Federal Reserve interest rate cuts are dampening risk appetite. El Salvador added…

Binance Coin’s value dropped below a key level, reflecting market stress for digital assets. Selling pressure intensified with falling market cap and increased trading volume. Technical analysis showed a downtrend, while RSI indicators suggested continuing bearish sentiment. Binance faced scrutiny for alleged ties to illicit activity and controversy over a pardon for its founder.

A dormant Cardano wallet lost millions of dollars in a failed token swap. The wallet, which had been inactive for several years, attempted to swap tokens but encountered a glitch that resulted in the loss of a significant amount of funds.

Figment, in partnership with OpenTrade and Crypto.com, has launched a stablecoin yield product offering high returns and institutional-grade security. The product combines staking rewards and hedging against price volatility, providing average returns of 15% APR. This unique offering targets institutional customers seeking higher yields with lower risk.

ChangeNOW for Business offers crypto payment solutions for businesses, with APIs, widgets, and white-label options. With 1,500+ assets, strong security, and partner rewards, it is a popular choice for startups and enterprises. As digital payments rise globally, crypto businesses like ChangeNOW are adapting to meet the growing demand.