Everything web3, crypto, defi, degen
In brief Thaksin met with crypto investors in Bangkok to discuss positioning Thailand as ASEAN’s digital asset treasury hub. The proposal includes support from Metaplanet, UTXO, and other global firms, according to meeting documentation reviewed by Decrypt. Backers argue the initiative could boost economic resilience and growth amid Thailand’s weak macro outlook. Former Thai Prime…
In brief Webull has launched crypto trading for Australian users, with access to 240 digital assets and a 30 basis point spread through Coinbase Prime. Experts say Australian exchanges charge double the spreads of international peers for major cryptocurrencies like Bitcoin and Ethereum. The launch follows Webull’s Monday announcement of resuming U.S. crypto trading after…
In brief Football.fun is a new on-chain soccer platform that blends crypto trading with fantasy sports gameplay. The platform has grown by more than 10x in the last two weeks. Users can buy shares in their favorite soccer players from the world’s top pro leagues and profit on their success. The growing soccer talk among…
In brief Solana is steadily climbing up the price charts, leading today among crypto majors. The price of SOL jumped by as much as 8% today, and the odds of SOL hitting a new all-time high this year have increased on Myriad by almost 20%. Here’s what the charts have to say about it. Solana…
In brief Hut 8’s expansion plans mean its stock will rise and is worth buying, according to investment bank Benchmark. The Bitcoin miner on Tuesday unveiled plans to develop 1.53 gigawatts of new capacity across four U.S. sites. Hut 8 earlier this year signed a deal to contribute its Bitcoin mining equipment and help debut…
In brief Blueprynt’s pilot program for “Know Your Issuer” tapped USDC and PYUSD. The solution is aimed at stifling counterfeit cryptocurrencies. The pilot comes amid new guidance for banks and safeguarding crypto. Bluprynt recently completed a pilot project aimed at stifling counterfeit cryptocurrencies, integrating a “Know Your Issuer” framework into stablecoins from Circle and PayPal,…
In brief REX Shares and Osprey Funds have filed for a BNB ETF, which would seek to stake most of its assets. The filing has been submitted under the Investment Company Act, as with the Rex-Osprey Solana + Staking ETF that debuted in July. The fund would be listed on Cboe BZX Exchange, and its…
In brief TRIO and Swarm Markets launched tokenized gold bars on Bitcoin via the Ordinals protocol. The tokens trade like other Ordinals, but redemption requires KYC through Swarm’s compliance process. The project follows TRIO’s support for Runestone and Spartacus, which published the Afghan War Logs on-chain. Gold bars have landed on Bitcoin. A new token…
In brief Canary Capital filed for the first spot ETF directly tied to President Donald Trump’s meme coin, TRUMP, under the Securities Act of 1933. The fund would would be entirely and directly exposed to the president’s meme coin, and not diversified or leveraged, as past proposed TRUMP ETFs have been. -Analysts are doubtful the…
In brief Ethereum sank below $4,350 early Tuesday before gaining ground. Fundstrat managing partner Thomas Lee predicted that ETH would not fall below $4,000. Lee expects ETH to surpass $5,000 in the near future. Fundstrat Head of Research Tom Lee predicted that Ethereum would hit a temporary bottom Tuesday before beginning a climb beyond $5,000,…
