Kazakhstan is preparing to launch a state-run crypto reserve as the National Bank of Kazakhstan confirmed plans to create a national crypto reserve. The fund will likely be made of seized digital assets and government-linked mining operations. The announcement came from the government news agency Kazinform on 25 June 2025. National Bank Chairman Timur Suleimenov
According to an update from Ripple, the long-awaited XRPL EVM Sidechain is now live on mainnet. A few highlights of what this entails include: Full EVM compatibility with Solidity, MetaMask, Hardhat, and more PoA consensus and more than 25 validators 3.4 seconds block time and over 1,000 TPS XRP as a native gas token Smart
Solana spot exchange-traded funds are a hot anticipation, and one by REX Shares featuring staking could go live this week, Bloomberg analyst James Seyffart has said. James Seyffart posted on X on June 30 that the first Solana (SOL) spot ETF with staking is likely to launch for trading as early as this week. The
Key Takeaways The SEC has acknowledged Grayscale’s amended filing to convert its large cap fund into a spot crypto ETF. The proposed ETF will track major cryptocurrencies including BTC, ETH, XRP, SOL, and ADA. Share this article The US SEC has until Wednesday, July 2, to rule on Grayscale’s request to convert its Digital Large
Increased market penetration and adoption of stablecoins have put a damper on the South Korean CBDC plans. The country has applied brakes on its CBDC trial program that had been ongoing since April this year in the wake of stablecoin’s resurgence amidst political backing. The Bank of Korea (BoK) confirmed the current state of affairs
Ethereum remains dormant below the critical $2.5K resistance, constrained by declining volatility and subdued trading activity. A decisive move in either direction will likely require a fresh injection of demand or supply to break the current equilibrium. By Shayan The Daily Chart ETH is currently exhibiting muted trading activity and compressed volatility just below a
Spanish authorities, with Europol and international partners, arrested five suspects in a major operation targeting a €460 million crypto fraud network. On 25 June, the Spanish Guardia Civil, backed by Europol and law enforcement partners from Estonia, France, and the United States, executed coordinated raids that led to the arrests of five individuals behind one
Key Takeaways Kazakhstan’s National Bank plans to launch a centrally managed crypto asset reserve subject to new legislation. Crypto trading in Kazakhstan is only allowed on licensed exchanges, with strict controls enforced by local banks. Share this article Kazakhstan’s National Bank is actively developing a framework to establish a crypto-asset reserve, following a proposal from
The Bitcoin rainbow chart shows BTC ▼-0.12% cruising well above $100K and even on the cheap. Yet, 99Bitcoin’s analysis shows that USDT’s supply is peaking, and leveraged shorts are swelling, which are signs we could oscillate either way. Meanwhile, critiques of popular predictive models like economist Raoul Pal’s M2-Bitcoin correlation make us wonder, is this cycle
TL;DR ARB spiked to a two-week high following a combination of rumors and positive factors. While some analysts believe it may rally even further in the short term, the RSI’s ratio of over 80 suggests an incoming pullback could be on the horizon. The Top Performer ARB, the native token of Arbitrum, has been the