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Author: Benjamin Lee
Sky is diversifying its revenue streams and yield strategies. Securitize and Maple have joined the Sky Ecosystem agent network. The SKY token could rally to $0.10 The Sky Ecosystem token is under sell-off pressure as negative sentiment keeps altcoins in the red. But despite top coins wallowing in bearish territory, Sky is up 13% over the past month, and network fundamentals look bullish. The latest boost comes from ecosystem platforms joining Sky’s agent network, including Securitize and Maple Finance. SKY price could benefit as the project taps into diversified revenue streams and yield strategies. Sky-backed Obex brings 8 new allocators…
Katana (KAT) gains momentum from Upbit and Bithumb listings with KRW pairs. Katana Perps launch adds derivatives and deeper market utility. Traders should watch the support at $0.014 and the immediate resistance at $0.016. Katana (KAT), the native token of the Katana Network, has seen an extraordinary 53% price surge today, largely fueled by major cryptocurrency exchange listings. Upbit and Bithumb, two of South Korea’s largest cryptocurrency exchanges, have added KAT, opening up direct KRW trading pairs for the token. These listings have given Katana greater visibility in a market known for active retail participation. South Korean investors often respond…
The crypto giant Coinbase just added a little-known crypto asset to its listing roadmap. The exchange says it’s preparing to add Perle (PRL) to its platform for spot trading. Perle (PRL) is the native token of the Perle ecosystem, issued and governed by the non-profit Perle Foundation. Perle Labs is a Solana-based web3 AI platform that connects verified domain experts with enterprises and research teams to create high-quality, on-chain verifiable data for training AI models. The PRL token is designed for governance, staking to receive priority access, rewarding expert contributors for data annotation and validation tasks, and powering payments within…
Tether has engaged a Big Four accounting firm to conduct a massive independent financial audit. The company says the audit will cover reserves backing its USDT stablecoin, which holds a market capitalization of more than $184 billion and serves over 550 million users worldwide. Tether describes the review as one of the largest inaugural audits in the history of financial markets. It will examine a complex mix of digital assets, traditional reserves, and tokenized liabilities, along with internal controls, financial reporting and overall operations. Says Tether CEO Paolo Ardoino, “Tether’s mission has always been to build trust through action, not promises.…
BlackRock CEO Larry Fink is outlining a sweeping vision for the future of financial markets. In his latest annual letter, Fink emphasizes long-term investing, broader market participation and the transformative potential of tokenization. He frames today’s economic environment as one defined by rapid change and uncertainty, with digital wallets and tokenized assets offering the potential for powerful change. “Half the world’s population carries a digital wallet on their phone. Imagine if that same digital wallet could also let you invest in a broad mix of companies for the long term—as easily as sending a payment. Tokenization could help accelerate that…
The crypto-based prediction market Polymarket is going to battle against the state of Massachusetts. Polymarket’s chief legal officer, Neal Kumar, says the firm has filed a federal lawsuit against the state, highlighting jurisdictional questions about event contracts. “Congress gave the CFTC, not states, exclusive authority over event contracts. These are national markets with critical questions that must be resolved in federal court. Racing to state court to try to shut down Polymarket US and other prediction markets doesn’t change federal law — and states like MA and NV that have done so will miss an amazing opportunity to help build…
The crypto wallet provider MetaMask has taken the top spot in Santiment’s latest rankings for overall development activity, according to new data from the blockchain analytics firm. In a new post on X, Santiment shared its most recent list of crypto projects with the highest level of notable GitHub development over the past 30 days, tracking changes in rankings compared to the previous month. [adinserter block=”1″] “Here are crypto’s top overall coins by notable development activity the past 30 days. Directional indicators represent each project’s rank rise or fall since last month.” Source: Santiment/X According to the rankings, MetaMask placed…
An analyst known for making timely crypto calls believes one Ethereum (ETH) rival is now forming a market bottom. Pseudonymous analyst Bluntz tells his 337,200 followers on X that Solana (SOL) is likely completing a three-wave correction and could soon enter a long-term bullish phase. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally after going through an the ABC correction. “Anybody who’s not a tourist and has actually witnessed multiple cycles knows this is an amazing long-term SOL entry. For the record, the reason I’m bull-posting SOL more than anything…
Institutional investors just sold $173 million in Bitcoin and crypto investment products in one week, according to a new update from CoinShares. The digital asset firm says outflows have now totaled a whopping $3.74 billion in the last month, as the price of BTC dropped from around $95,400 to a low of $62,800. Last week, Bitcoin witnessed $133 million in outflows. Ethereum followed with $85.1 million outflows. Some altcoins bucked the trend, with XRP attracting $33.4 million inflows, Solana $31 million and Chainlink $1.1 million. Regionally, the US led with $403 million outflows. That was offset by $230 million inflows elsewhere,…
Traders betting on a Bitcoin and crypto bounce are getting wrecked to start the week. Bitcoin dropped from a 24-hour high of $67,695 to as low as $63,962, triggering a total of $616.41 million in liquidations, according to CoinGlass. The vast majority of the liquidations hit traders going long, coming in at $524.28 million. BTC has recorded five consecutive red monthly candles, marking one of the longest losing streaks in Bitcoin’s history. Today’s plunge follows a broader market pullback, as markets assess the impact of the Supreme Court’s ruling against Trump’s tariffs. Zooming out, crypto analyst Michaël van de Poppe…
