Bitcoin Cash gains nearly 40% to become ‘best performing’ L1 of the year
Bitcoin Cash (BCH) has become the “best performing” for Layer-1 asset this year, climbing nearly 40% and outperforming every major blockchain network. According to new data shared by analyst Crypto Koryo, Bitcoin Cash (BCH) has outpaced BNB (BNB), Hyperliquid (HYPE), Tron (TRX) and XRP (XRP), which saw only modest gains. Most other L1s, including Ethereum
French banking giant BPCE to launch in-app crypto trading: Report
BPCE will let millions of customers buy and sell BTC, ETH, SOL and USDC directly inside its banking apps. French banking heavyweight BPCE is preparing to introduce crypto trading to millions of its retail customers, making it one of the first major traditional European banks to offer digital assets. According to a report from The
South Korea to impose bank-level liability on crypto exchanges after Upbit hack: Report
South Korea is preparing to impose bank-level, no-fault liability rules on crypto exchanges, holding exchanges to the same standards as traditional financial institutions amid the recent breach at Upbit. The Financial Services Commission (FSC) is reviewing new provisions that would require exchanges to compensate customers for losses stemming from hacks or system failures, even when
Spot Bitcoin ETFs pull $238M as Ether funds snap 8-day outflow streak
Spot crypto exchange-traded funds (ETFs) saw a rebound at the end of the week, with all Bitcoin, Ether and Solana funds seeing inflows after a week of volatility and downturns. On Friday, spot Bitcoin (BTC) ETFs attracted $238.4 million in net inflows after a wave of heavy redemptions the day before. BlackRock’s IBIT drove the
Japan’s FSA plans to classify crypto as financial products, eyes 20% tax rate: Report
Japan’s FSA plans to reclassify crypto as financial products, enforce new disclosure and insider trading rules, and cut the crypto tax rate from 55% to a flat 20%. Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments
Upbit operator Dunamu posts $165M in profit in Q3, up over 300% YoY
Upbit operator Dunamu posted $165 million in Q3 net income, driven by a market rebound and stronger investor confidence following new US crypto legislation. Upbit operator Dunamu reported a surge in profitability for the third quarter of the year, posting 239 billion won ($165 million) in net income. The figure marks an increase of more
Scaramucci family invested over $100M in Trump’s Bitcoin mining firm: Report
The Scaramucci family has invested over $100 million into American Bitcoin, the mining company tied to US President Donald Trump’s sons. The funding came through Solari Capital, the investment firm founded by AJ Scaramucci, which led the company’s $220 million round in July, months before American Bitcoin went public through a reverse merger in September
Aster says tokenomics unchanged amid community confusion after CMC update
Aster says its tokenomics remain unchanged after a CMC update sparked confusion over delayed unlocks, confirming unused tokens will move to a public wallet. Decentralized exchange Aster has said that its tokenomics remain unchanged after a CoinMarketCap (CMC) update triggered speculation across its community about changes to the project’s unlock schedule. The confusion began when
Robert Kiyosaki says cash crunch driving crash, stays bullish on Bitcoin, gold
Robert Kiyosaki argues a global cash shortage is driving the market crash and says he’s holding Bitcoin and gold, adding he’ll buy more BTC once the downturn ends. Robert Kiyosaki, author of Rich Dad Poor Dad, has told his 2.8 million followers on X that he is not selling his Bitcoin or gold despite the
ARK Invest resumes crypto buying spree, adds BitMine and Bullish shares
ARK Invest has ramped up its exposure to crypto-linked equities, scooping up more BitMine Immersion Technologies and Bullish shares across several of its exchange-traded funds as markets continued to slide. According to ARK’s daily trade disclosures from Friday, the ARK Fintech Innovation ETF (ARKF) added 18,089 shares of BitMine, the ARK Next Generation Internet ETF