Tag: Crypto
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KuCoin Commits $2 Billion to Regain Crypto Trust
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The “Trust Project” aims to bolster security, compliance, and confidence across a sceptical crypto landscape. At the TOKEN2049 summit, crypto exchange KuCoin unveiled its boldest initiative yet — a $2 billion “Trust Project” designed to restore user confidence amid growing scrutiny of centralised platforms. With a user base of 38 million, KuCoin’s move signals an…
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Morgan Stanley to Introduce Crypto Trading for E*Trade Clients Amid Regulatory Rollbacks
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Major U.S. bank moves towards retail crypto access as Trump-era policy changes boost digital finance Morgan Stanley Prepares for Retail Crypto Push Morgan Stanley is planning to offer cryptocurrency trading on its E*Trade platform, in what would be the most significant move yet by a major U.S. bank to provide everyday investors direct access to…
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Mantra Urges Crypto Exchanges to Rethink Leverage After OM Token Crash
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DeFi platform Mantra outlines governance reforms and calls for industry-wide collaboration to boost investor safety. Decentralised finance (DeFi) platform Mantra has linked the sudden collapse of its OM token to broader industry issues, particularly risky leverage policies on exchanges. In an official update on 30 April, CEO John Mullin warned that “liquidation cascades could happen…
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Bitcoin Nears $90K: Will Bulls Break Through?
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Bitcoin’s rally to $89,000 has reignited market optimism, but stiff resistance at $90,000 poses a challenge for the cryptocurrency’s upward momentum. Analysts highlight key price levels and market behaviour that will determine the next move. Bitcoin Rallies to $89K, Faces Resistance Bitcoin surged past $89,000 on April 22, reaching its highest level since early March.…
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Wealthy South Koreans Bet Big on Crypto as Long-Term Strategy
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South Korea’s rich and young investors are turning to crypto over stocks and property, reshaping the country’s financial future. More than 30% of wealthy South Koreans now prefer crypto over traditional assets like gold or property for long-term value growth, according to a new report from Hana Bank. This marks a significant shift in investment…
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XRP Set to Soar 500% by 2028, Says Standard Chartered
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Standard Chartered backs XRP to overtake Ethereum by 2028 as ETF approval, tokenisation, and institutional momentum drive explosive growth. Global banking giant Standard Chartered has launched coverage on XRP, projecting a dramatic 500% price surge by the end of 2028. According to Geoffrey Kendrick, the bank’s Head of Digital Assets Research, XRP is expected to…
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HashKey Capital Launches Asia’s First XRP Tracker Fund Backed by Ripple
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New fund aims to streamline institutional access to XRP for cross-border payments and crypto investing across Asia. HashKey Capital has announced the launch of the HashKey XRP Tracker Fund, marking Asia’s first institutional fund focused solely on tracking XRP’s performance. Designed for professional investors, the fund offers a simplified way to gain exposure to XRP—Ripple’s…
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Bybit Winds Down Web3 Services to Refocus on Core Offerings Post-Hack
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Cryptocurrency exchange Bybit has announced the shutdown of several Web3 services, marking a major strategic shift following a significant security breach earlier this year. The company, which previously positioned itself as a key player in the decentralised finance and NFT spaces, is now scaling back to concentrate on its core offerings. Multiple Web3 Services Set…
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Crypto and Tech Stocks Rattled as US-China Trade War Escalates
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Markets enter ‘new phase’ amid tariff hikes and macroeconomic uncertainty Cryptocurrencies and tech stocks have entered what analysts are calling a “new phase” of the global trade war, as tensions between the United States and China surge following the White House’s announcement of sweeping new tariffs on Chinese imports. Market observers say the reaction has…
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Crypto Market Outlook: Bearish Sentiment Persists, But Hopes for Rebound in Late 2025
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The cryptocurrency market continues to face downward pressure, as highlighted in a new report from US-based exchange Coinbase. While the industry is currently weathering a significant contraction, signs point to a potential recovery later in the year. Meanwhile, crypto advocacy efforts and regulatory challenges are also making headlines. Coinbase Signals Possible ‘Crypto Winter’ Coinbase’s latest…