Category: crypto

Bitwise files for a spot SUI ETF with Coinbase Custody, joining the race to launch regulated exposure to the Sui Layer 1 token in U.S. markets. This move reflects increasing institutional interest in creating regulated investment vehicles for emerging crypto assets and could potentially expand investor access to Layer 1 blockchain tokens.

Kyrgyzstan’s stablecoin, KGST, pegged to the local currency, the Kyrgyzstani som, has been listed on Binance. President Sadyr Japarov announced the news, highlighting it as a significant milestone. The stablecoin aims to support cross-border payments and integrate the Kyrgyzstani som into the digital economy. It is the first stablecoin from a CIS country to be…

Hyper Foundation confirms that HYPE tokens at Assistance Fund address 0xfefefefefefefefefefefefefefefefefefefe are permanently burned and removed from supply after an 85% stake-weighted validator vote. This ensures tokens are inaccessible and irrecoverable, providing clarity on supply transparency and preventing potential recirculation.

India’s Competition Commission of India has approved Coinbase’s minority stake acquisition in CoinDCX, marking the US exchange’s return to India. This strengthens CoinDCX’s position in India’s top crypto adoption market. The deal comes after a security breach earlier in the year, with the approval expected to attract more foreign exchange investment into the market.

Bitcoin is expected to consolidate in 2026 according to a ChatGPT-based analysis. Factors such as ETFs and macro conditions will drive a wide but structurally supported trading range for the cryptocurrency. The analysis suggests that Bitcoin will maintain levels well above previous cycle highs but struggle to extend parabolic gains.

Macro analyst Dan Tapiero believes Bitcoin is currently in the middle of its bull market cycle and predicts it will catch up to gold and silver. He highlights upcoming IPOs, crypto fund floats, and M&A activity as key factors in legitimizing the sector. Tapiero also notes the growing U.S.-centric crypto capital market.

OTC desks are becoming popular for large crypto trades to avoid disrupting public markets due to liquidity fragmentation. They match buyers and sellers off-exchange to reduce slippage and transaction costs. OTC markets have grown significantly faster than centralized exchanges, offering advantages such as confidentiality, lower costs, and better pricing through direct negotiations.

Token swaps allow users to trade crypto directly through smart contracts and AMMs, tapping into liquidity pools for instant access to assets and yields in the DeFi ecosystem. By using automated market makers and liquidity pools, users can interact with various DeFi protocols without the need for traditional intermediaries.

The IMF praises El Salvador’s economic growth and fiscal discipline, projecting a 4% real GDP growth for 2025. Despite accumulating Bitcoin, the country is making policy changes and selling the state-run Chivo wallet to limit public crypto exposure. The IMF’s critical stance on Bitcoin has softened as negotiations for a $1.4 billion loan package progress.

Trump is pushing for lower interest rates despite strong GDP growth, advocating for more accommodative monetary policy. Kevin Hassett supports this stance, pointing to AI-driven productivity gains and tariffs as evidence that inflation risks are manageable. With Powell’s term ending soon, Trump’s likely Fed pick will impact future U.S. monetary policy.