Glassnode recently highlighted that the $93,000 to $100,000 price band remains a critical structural support zone for Bitcoin (BTC). According to their analysis, a substantial volume of capital was amassed
BitcoinWorld Korea Supreme Court Delivers Landmark 10-Year Sentence in Haru Invest, Delio Crypto Fraud Case The world of cryptocurrency is often seen as a frontier, full of innovation and opportunity, but also fraught with risks. When trust is broken, the consequences can be devastating, not just for individual investors but for the entire ecosystem. Recently, a significant legal development in South Korea has sent a clear message across the global digital asset landscape. The Korea Supreme Court has delivered a powerful verdict, upholding a substantial prison sentence in a case that directly impacted thousands of crypto users. This ruling isn’t just about one individual; it’s a pivotal moment for accountability in the volatile crypto market, particularly concerning the infamous Haru Invest and Delio incidents. What Does the Korea Supreme Court’s Decision Mean? In a move that underscores South Korea’s commitment to tackling financial malfeasance in the digital realm, the Korea Supreme Court has affirmed a 10-year prison sentence for Mr. Bang, a key shareholder of B&S Holdings. This decision is not merely a formality; it represents the highest court’s definitive stance on the severe repercussions of crypto-related fraud. Mr. Bang was found guilty of orchestrating a scheme that led to the devastating suspension of withdrawals at Haru Invest, a prominent digital asset management platform, and the subsequent collapse of crypto lender Delio. This final judgment from the Supreme Court closes a significant chapter in a saga that left countless investors in distress, highlighting the judiciary’s resolve to bring justice to victims of large-scale financial crimes within the cryptocurrency space. The ruling sends a strong signal to anyone operating within the crypto industry: fraudulent activities will be met with severe penalties. It also provides a measure of closure for those affected by the Haru Invest and Delio incidents, reinforcing the idea that even in the complex world of digital assets, legal frameworks are evolving to protect consumers. Unpacking the Haru Invest Delio Collapse: How Did We Get Here? The story of the Haru Invest Delio collapse is a complex web of interconnected failures and alleged deceptions that began to unravel in the wake of the FTX exchange’s dramatic downfall in November 2022. Haru Invest positioned itself as a leading digital asset management platform, promising attractive yields on crypto deposits through sophisticated trading strategies. Delio, on the other hand, operated as a crypto lending platform, facilitating loans against digital assets. The two entities became intertwined through their dealings with B&S Holdings, a third-party service provider. Here’s a simplified breakdown of how events unfolded: Promises of High Yields: Both Haru Invest and Delio attracted users by offering competitive interest rates on deposited cryptocurrencies, often through strategies like arbitrage and decentralized finance (DeFi) protocols. Reliance on Third Parties: A critical vulnerability emerged from their reliance on external partners, including B&S Holdings, to manage or deploy client funds. Mr. Bang, as a major shareholder of B&S Holdings, allegedly played a central role in diverting funds. FTX Contagion: The implosion of FTX created a ripple effect across the crypto market, exposing liquidity issues and questionable practices at various firms. While not directly linked to FTX’s internal fraud, the market downturn and increased scrutiny following FTX’s collapse put immense pressure on Haru Invest and Delio. Withdrawal Suspensions: In June 2023, both Haru Invest and Delio abruptly suspended withdrawals, citing issues with a service partner (later identified as B&S Holdings). This move immediately triggered panic among users, who feared losing their investments. Bankruptcy and Investigations: Delio subsequently filed for bankruptcy, and both platforms faced intense scrutiny from regulators and law enforcement, leading to the charges against Mr. Bang and others. The collapse highlighted the inherent risks of centralized crypto platforms, particularly those that offer high yields without full transparency on their underlying strategies and risk management. The Anatomy of a Crypto Fraud Sentence: What Was the Crime? The crypto fraud sentence handed down to Mr. Bang is directly tied to the alleged defrauding of Haru Invest and Traum Infotech, a blockchain-based trading system developer. The core of the accusation revolves around the misappropriation of approximately 60 billion won, equivalent to about $44.22 million. This significant sum was allegedly siphoned off following the market turmoil ignited by the FTX collapse. While the exact modus operandi of the fraud has not been fully detailed in public reports, it typically involves a breach of trust where funds entrusted to a platform or service provider are diverted for unauthorized purposes. In this case, Mr. Bang, through his position at B&S Holdings, was accused of mismanaging or outright stealing client assets that were supposed to be invested or managed by Haru Invest and Traum Infotech. This type of fraud erodes confidence in the entire digital asset ecosystem, making regulatory oversight and stringent due diligence by investors even more critical. The severity of the 10-year sentence reflects the significant financial damage inflicted upon victims and the broader impact on the credibility of the crypto industry. It underscores that even in a nascent and rapidly evolving sector, established laws against fraud and embezzlement apply with full force. Navigating the Future of the Digital Asset Management Platform Landscape The repercussions of the Haru Invest and Delio collapses extend far beyond the immediate victims, casting a long shadow over the entire digital asset management platform sector. This incident serves as a stark reminder of the importance of transparency, robust risk management, and regulatory compliance for any entity handling client funds in the crypto space. For platforms that promise high returns, the pressure to deliver can sometimes lead to taking excessive risks or, in the worst cases, engaging in fraudulent activities. What lessons can the industry take from this? Enhanced Due Diligence: Platforms must conduct rigorous due diligence on their partners, ensuring they are trustworthy and financially sound. Transparent Operations: Users demand greater transparency regarding how their funds are managed, where they are invested, and the risks involved. Proof-of-reserves audits and clear reporting are becoming essential. Robust Security Measures: Beyond financial security, platforms must invest heavily in cybersecurity to protect against hacks and unauthorized access to funds. Regulatory Compliance: Adhering to existing and emerging financial regulations is no longer optional but a necessity for long-term viability and trust. For investors, this case highlights the critical need to research any platform thoroughly before committing funds. If something sounds too good to be true, it very likely is. Diversification and avoiding over-reliance on a single platform are also key strategies for mitigating risk. Strengthening South Korea Crypto Regulation and Investor Protection The South Korea crypto regulation landscape has been steadily evolving, and cases like the Haru Invest and Delio collapse only accelerate the pace of change. South Korea has historically been a significant hub for cryptocurrency trading and innovation, and its regulators have been keen to balance fostering innovation with safeguarding investors. This landmark ruling by the Supreme Court will undoubtedly embolden regulatory bodies to pursue stricter enforcement actions against illicit activities. It signals a clear intent to: Increase Oversight: Expect greater scrutiny of digital asset management platforms, crypto lenders, and exchanges, particularly concerning their internal controls, risk management, and third-party relationships. Develop Clearer Legal Frameworks: The case provides a precedent that can inform the development of more specific laws and guidelines for crypto-related financial services, closing loopholes that fraudsters might exploit. Enhance Investor Protection Mechanisms: Regulators may introduce new requirements for consumer protection, such as clearer disclosure rules, mandatory insurance, or compensation funds for victims of fraud. Foster International Cooperation: As crypto fraud often crosses borders, South Korea will likely continue to collaborate with international agencies to track down perpetrators and recover stolen assets. For investors in South Korea and globally, this means a potentially safer environment, but it also places a greater responsibility on them to stay informed about regulatory changes and to choose platforms that prioritize compliance and security. The message is clear: the era of unregulated ‘Wild West’ crypto operations is drawing to a close, at least in jurisdictions like South Korea that are committed to a more mature and secure digital asset market. Challenges and Key Takeaways The Haru Invest and Delio saga illustrates several critical challenges facing the crypto industry: Interconnected Risks: The collapse of one entity (FTX) can trigger a cascade of failures due to interconnectedness within the ecosystem. Lack of Transparency: Opacity in how funds are managed and invested remains a significant risk factor for centralized platforms. Regulatory Lag: Regulations often struggle to keep pace with rapid technological advancements, creating windows for illicit activities. Investor Vulnerability: The allure of high returns can sometimes override sound judgment, making investors susceptible to scams. Key Takeaways for Investors: Do Your Own Research (DYOR): Never invest based on hype alone. Understand the platform’s business model, team, and underlying technology. Assess Risk: Be skeptical of excessively high, guaranteed returns. Understand that all investments carry risk, and crypto is no exception. Diversify: Do not put all your funds into one platform or asset. Prioritize Security: Use strong, unique passwords, enable two-factor authentication (2FA), and consider hardware wallets for significant holdings. Stay Informed: Keep abreast of regulatory developments and industry news, especially regarding the platforms you use. Actionable Insights for the Crypto Community Beyond individual investor actions, the broader crypto community—developers, exchanges, and service providers—also has a role to play. Fostering a culture of accountability, building truly decentralized solutions where appropriate, and actively participating in regulatory discussions can help shape a more secure and trustworthy future for digital assets. Implementing industry best practices, such as regular third-party audits and transparent reporting, can significantly mitigate risks and restore public confidence. A Defining Moment for Crypto Accountability The Korea Supreme Court ‘s decision to uphold a 10-year prison sentence for Mr. Bang in the Haru Invest and Delio fraud case marks a defining moment for accountability in the global cryptocurrency market. It sends an unequivocal message that those who exploit the trust of investors and engage in fraudulent activities will face severe consequences, regardless of the complexity of the digital assets involved. This ruling not only brings a measure of justice to the victims of this particular incident but also sets a significant precedent for how financial crimes in the crypto space will be prosecuted. As the digital asset landscape continues to mature, such decisive legal actions are crucial for building a more secure, transparent, and trustworthy ecosystem for all participants. It reinforces the notion that while innovation is vital, it must always be balanced with robust investor protection and unwavering legal enforcement. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Korea Supreme Court Delivers Landmark 10-Year Sentence in Haru Invest, Delio Crypto Fraud Case first appeared on BitcoinWorld and is written by Editorial Team
Taurus , a Swiss digital asset infrastructure provider backed by Deutsche Bank , State Street , and Credit Suisse , has announced the deployment of what it calls “the first private stablecoin contract.” The press release noted a difference between this offer and legacy stablecoins. The former, it argues, combines the zero-knowledge proofs’ confidentiality and key compliance elements. Therefore, it provides confidentiality, untraceability, and anonymity while allowing access to parties such as issuers, regulators, and law enforcement. Hence, only these authorized parties can read the encrypted balances and transfers. “This prevents unauthorized parties from monitoring wallets, reverse-engineering investment strategies, or physically targeting high-value users,” the team says. To work as real digital cash, a stablecoin must hide your transactions and account balance from friends & foes while complying with the law. That doesn't exist today. But we've just built the first building block: a private stablecoin program on @aztecFND . https://t.co/rSkW3hiGyZ pic.twitter.com/979QjK4Mnq — Taurus (@taurus_hq) June 26, 2025 Moreover, the team has built the stablecoin contract atop the zero‑knowledge Layer-2 Aztec Network . According to Arnaud Schenk, Executive Director of the Aztec Network board, enforced transparency of public blockchains hampers the real-world adoption of stablecoins worldwide. “Practical adoption for payroll, intra-company transfers, or day-to-day payments simply can’t happen if every transaction remains visible to all and immutably inscribed on a widely available ledger,” Schenk says. Taurus’ novel stablecoin contract supports USDC’s core features. Notably, these include centralized, admin-controlled mint and burn, as well as the pause and unpause capabilities. This allows for transfers to be halted should the need arise. Other key features include address blacklisting to “enforce sanctions and other compliance needs,” and events logging for a verifiable audit trail. All this allows financial institutions to issue stablecoins in payment or treasury applications while ensuring privacy and regulatory observability, the announcement argues. You may also like: Deutsche Bank and Accenture-Backed Teams Taurus and Parfin Work to Fuel Institutional Adoption in EU and LatAm Taurus, a Swiss digital asset infrastructure provider backed by Deutsche Bank and Credit Suisse, and financial technology company Parfin, have teamed up to hasten institutional adoption of digital assets in Latin America and Europe.According to the press release shared with Cryptonews, the collaboration places four features at its center: innovative technology, security, governance, and compliance.Notably, Taurus says that working with a trusted regional provider boosts its expansion... Taurus Makes “Major Step Forward for Stablecoins” The team notes that the private stablecoin contract complements their open-source private security token. Taurus launched this token in February 2025. The announcement describes it as a confidential token standard for debt and equity tokenization, which allows financial institutions to issue tokenized versions of financial instruments on public blockchains while maintaining privacy. This latest move “marks a major step forward for stablecoins,” said JP Aumasson, Chief Security Officer at Taurus. “We showed that it’s possible to protect the privacy and security of stablecoin users while retaining the features of industry-standard stablecoins. This addresses concerns that we’ve repeatedly heard from banks looking at issuing stablecoins, central banks, and regulators.” How do you ensure that a token transfer only proceeds after human approval? Our latest article explores how to perform such a conditional transfer in Taurus-CAPITAL, when using the CMTA token, suitable for tokenized securities and stablecoins. https://t.co/pDOZHUo5jd pic.twitter.com/LscL0W7QoI — Taurus (@taurus_hq) June 19, 2025 Moreover, Taurus’ latest launch follows the news of the US Senate passing the GENIUS Act in mid-June. The Guiding and Establishing National Innovation for US Stablecoins Act requires issuers to fully back their stablecoins with US dollars, makes licensing dependent on the total market capitalization of their digital assets, provides safeguards for consumers (who would be paid first in the event of a bankruptcy), and tightens rules to prevent money laundering and terror financing. On Wednesday, Senator Cynthia Lummis urged US lawmakers to advance both the GENIUS Act and broader crypto market structure asap. “I’m not saying combine them, but they both need to pass this year,” she said. We needed to pass market legislation yesterday. The time is NOW! pic.twitter.com/4s6v8KeL3i — Senator Cynthia Lummis (@SenLummis) June 25, 2025 Moreover, Taurus noted that stablecoin supply has surpassed $250 billion with a 1,200% increase since 2020. Source: DeFiLlama Taurus “expects the total stablecoin supply to reach $1 trillion-$2 trillion by 2030 as demand increases across institutional and consumer markets, pushed by favorable regulation,” it concluded. You may also like: ‘Nothing Is Holding Stablecoins Back Anymore’: Time to Ditch Visa? Key Takeaways:Stablecoins have already surpassed Visa in volume and are gaining traction with major retailers like Amazon and Walmart.With regulations like MiCA and the upcoming GENIUS Act, stablecoins are entering a new phase of institutional adoption and legitimacy in both the U.S. and the EU.Experts believe stablecoins won’t replace banks or card networks entirely, but rather integrate smoothly, offering faster, cheaper, and more accessible payment options.Stablecoins are... The post Taurus Launches the ‘First Private Smart Contract for Stablecoins’ appeared first on Cryptonews .
Bitcoin and Ethereum showed modest movement amid geopolitical tensions as Iran’s Supreme Leader Ayatollah Ali Khamenei declared victory over the U.S., influencing market sentiment. Despite recent volatility, Bitcoin briefly approached
The post Top 3 AI Crypto Coins to Watch in 2025, Research Analysis -Prediction appeared first on Coinpedia Fintech News In Brief Virtual Protocol is leading the AI agent wave with real traction, viral frameworks, and strong on-chain momentum. Render is powering the visual layer of AI, with its Solana upgrade setting the stage for breakout performance. ASI is merging AI ecosystems with scalable tech and bold execution, backed by a major token buyback. With agent frameworks outperforming all AI sectors, these tokens are shaping the next phase of crypto evolution. We all know AI is evolving fast. From autonomous bots managing logistics to generative models crafting real-time narratives, the technology is no longer just a backend tool—it’s reshaping how humans and machines interact. But when you merge that with crypto infrastructure, you get something more powerful than just “faster systems.” You get adaptive, self-improving networks —environments where value, logic, and behavior evolve on-chain. Coinpedia Markets According to Messari , AI mindshare across the crypto space has surged by 178% in the past 90 days ranking 2nd Best performing Sector . But it’s not general compute or LLM tokens leading the charge—it’s Agent Frameworks , which are up 86% , outperforming all other AI-related sectors. That’s not just hype—it’s a signal. The market is waking up to the idea that the future of blockchain isn’t just about executing code. It’s about embedding autonomous intelligence directly into smart contracts, protocols, and on-chain economies. This shift—toward AI agents that think, adapt, and act in real-time —is where the next wave of crypto innovation is forming. And the tokens building that layer? They’re not just riding the trend—they’re defining it. Virtual Protocol (VIRTUAL): The Modular Backbone of AI Agents Launched in October 2024, Virtual Protocol quickly positioned itself as the go-to infrastructure for deploying autonomous AI agents on-chain. While most AI tokens remain stuck in ideation or closed beta, Virtual has gone live, processing millions in fees, onboarding creators, and scaling through Base and Ethereum integrations. Its standout innovation? Ribbita (TIBBIR) , a stealth-launched agent framework that went viral, surging over 8,800% in 2025. In contrast, it captured meme energy; the real value lies in showcasing modular AI personas that can operate independently, monetise through usage, and evolve within digital ecosystems. Think of it as a working AI app store for Web3. Meanwhile, IRIS , Virtual’s utility-grade agent launched on Ethereum, is providing real-time smart contract auditing using social and code signals—no hype, just utility. It debuted with no team allocation and was oversubscribed 1,500%, making it one of the most transparent launches in the AI-token space. On-chain data supports the momentum behind Virtual Protocol, with the project generating over $8.3 million in cumulative protocol fees and maintaining a robust $5.6 million in annualized revenue. Liquidity has surged past $140 million, while daily trading volumes consistently exceed $250 million, placing it among the most actively engaged AI tokens in the market. From a technical view, the token is currently holding the 200-day EMA near $1.39, a historically strong long-term support. A clean flip of $1.70 could ignite upside momentum toward $2.80–$3.00 in Q3 2025, while a breakdown below $1.39 might see short-term retests at $1.10. However, its utility, volume, and developer traction suggest Virtual is not a trend—it’s infrastructure. Render Network (RNDR): Powering the Face of AI Let’s face it—AI agents are getting smarter, faster, and more autonomous. But for them to truly connect with people, they need something more than just intelligence. They need a presence. They need to be seen, animated, and responsive in real-time. That’s where Render Network steps in— the GPU backbone powering the visual side of AI . Render doesn’t build AI brains; it builds the canvas where those brains come to life . Its decentralized network of NVIDIA GPU providers enables everything from photorealistic 3D rendering to real-time animation and generative visuals. As AI agents move toward lifelike avatars and digital humans, Render is the infrastructure making it all visually possible—efficiently and on-chain. Consider what’s happening in China: in a now-viral livestream, two AI avatars sold over $7.6 million worth of products in just six hours , to an audience of 13 million viewers. Neither host was real. Instead, these AI presenters were powered by high-fidelity animation, real-time response models, and emotional simulation. This wasn’t science fiction. It was a retail experience run entirely by synthetic personas —and it slashed costs by 80% while increasing sales by 62%. The platform’s momentum didn’t stop there. In 2025, Render migrated from Ethereum to Solana , a move that massively improved performance and cut costs. This allowed for faster transactions and real-time rendering at scale—crucial for applications like avatar interaction and microtransactions between agents and users. With the launch of Render Compute (RNP-019) , it also expanded beyond visuals into general AI computation , pushing the boundaries of what decentralized GPU networks can support. Technical Outlook Render ( RNDR ) is currently consolidating just above the key $4.00–$4.20 support zone , which aligns closely with its 100-day EMA —a historically reliable accumulation level. Despite recent broader market weakness, this zone has consistently attracted mid-term buyers, especially following the protocol’s migration to Solana , which enhances network efficiency and cost optimization. The immediate resistance stands at $5.80 . A confirmed breakout above this level could activate a bullish leg toward $7.50 , with further upside potential extending to $8.80 if volume and broader sentiment continue to improve. Momentum indicators support this setup. The RSI is neutral around 52 , but showing signs of a bullish uptrend. Meanwhile, the MACD has just crossed above the signal line, indicating a potential shift in short-term momentum in favor of the bulls heading into Q3 2025 . Notably, Render’s expanding utility—now including general AI compute via RNP-019—adds weight to its bullish setup. If the project lands new integrations or institutional partnerships, especially post-Solana migration, it could serve as the spark for a major rally. On the downside, a drop below $4.00 could see RNDR retest the $3.30–$3.50 range , a previous accumulation zone. However, current technical indicators lean bullish, supported by strong fundamentals and increasing demand for decentralized GPU power. Artificial Superintelligence Alliance (ASI): From Vision to Execution with On-Chain Intelligence Born from the unification of Fetch.ai, SingularityNET, and Ocean Protocol, the Artificial Superintelligence Alliance (ASI) isn’t just another AI narrative—it’s a convergence of three of the most research-backed AI initiatives in Web3. With the token merger finally complete, ASI now serves as the unified economic layer powering decentralized AI agents, data marketplaces, and machine learning infrastructure. But what elevates ASI beyond tokenomics is its early 2025 rollout of ASI‑1 Mini —a compact, Web3-native LLM designed for real-time agent communication. Unlike traditional large language models that demand expensive hardware, ASI‑1 Mini runs on just two GPUs , enabling efficient, decentralized intelligence at scale. This breakthrough significantly lowers the barrier for developers to deploy autonomous agents across various blockchains, making the ASI tech stack not only futuristic but also immediately accessible. Backing this technical momentum is a $50 million token buy-back initiative by the Fetch.ai Foundation. This isn’t just a price stabilization measure—it’s a bold signal of internal confidence and long-term commitment to ASI’s roadmap. In an environment where many projects live and die on sentiment, this financial reinforcement makes ASI stand out as both serious and sustainable. From a charting perspective, ASI (FETUSD) is currently showing early signs of recovery. The token is attempting to reclaim the 50-day EMA near $0.69, with next key resistance lying at the 100-day EMA around $0.73. A confirmed flip above this zone could pave the way toward $0.85–$1.00, especially if momentum aligns with broader AI sector rotation. However, strong horizontal support at $0.56 remains critical—any breach below this level could invalidate bullish momentum in the short term. Technicals aside, RSI currently reads 45.8—hovering in the neutral zone but ticking higher. Meanwhile, the MACD histogram shows early signs of a bullish crossover, suggesting growing positive momentum. AI Agents Are the Next Crypto Meta—And These Coins Are Building the Rails The narrative is no longer theoretical. As AI frameworks begin merging with real-world blockchain deployments, a new layer of infrastructure is emerging—one where intelligence isn’t just processed off-chain, but lives, evolves, and monetizes directly within decentralized environments. Virtual Protocol is turning modular agents into plug-and-play ecosystems. Render Network is giving those agents a visual body and real-time interactivity. ASI is pushing the limits with efficient on-chain large language models and a unified economic layer across data, logic, and compute. Each of these projects isn’t just reacting to trends—they’re architecting the foundations of intelligent blockchains . As we head deeper into Q3 2025 and beyond, AI agents will go from narrative hype to daily utility. The tokens building that shift? They won’t just perform—they’ll define the next dominant cycle of crypto evolution. In a world where smart contracts now learn and avatars outsell humans, these AI infrastructure coins aren’t optional—they’re inevitable.
Binance announced that its Sahara AI (SAHARA) token, which combines artificial intelligence and blockchain technologies, will be available across many different services of the platform starting June 26, 2025. Binance to List Sahara AI (SAHARA) Token in Multiple Product Categories SAHARA will be integrated into Simple Earn, Buy Crypto, Convert, Margin and Futures sections. Simple Earn SAHARA will be listed under Simple Earn Flexible Products as of 18:00 on June 26, 2025. From this date onwards, users will be able to subscribe to flexible products to earn passive income with their SAHARA assets. SAHARA is a project participating in the HODLer Airdrop program for BNB holders. Through this program, users with BNB Simple Earn or BNB On-Chain Yield assets will be able to earn free SAHARA tokens based on their past balance. Buy Crypto SAHARA will be available for purchase within an hour of its listing using payment methods such as VISA, MasterCard, Google Pay, Apple Pay and Revolut. Users will also be able to buy and sell using their existing account balances via the Buy Crypto page. Convert Users will be able to convert SAHARA with BTC, USDT, and other cryptocurrencies via Binance Convert without any transaction fees. Margin SAHARA will be added as a new borrowable asset for both cross and isolated margin transactions. SAHARA/USDT and SAHARA/USDC pairs will also be available for margin transactions. Binance has warned users that the newly listed tokens could be volatile and advised them to keep a tight rein on their risk management strategies. Futures Binance Futures will launch the USDⓈ-M SAHARA futures contract on June 26, 2025 at 18:00 UTC. This contract will offer leverage of up to 75x. The addition of SAHARA to multiple products reflects Binance's confidence in the project and its growth potential in the ecosystem. *This is not investment advice. Continue Reading: After OKX and Bithumb, Binance Announced That It Will List This Altcoin on Its Platform! Here Are the Details
On Thursday, the Hong Kong government issued Policy Statement 2.0 on the Development of Digital Assets in Hong Kong. The new policy statement cements the country’s commitment to establishing Hong Kong as an international center for digital asset innovation. Hong Kong’s new policy statement amplifies the foundational measures outlined in the initial policy statement released in October 2022. The SAR also said the new statement establishes a vision for a trusted and innovative DA ecosystem that prioritizes risk management and investor protection. Hong Kong puts focus on regulating the DA ecosystem The Special Administrative Region announced that the government is establishing a regulatory framework for DA service providers, covering DA exchanges, stablecoin issuers, DA dealing service providers, and DA custodian service providers. The statement disclosed that the Securities and Futures Commission ( SFC ) will take the lead in the upcoming licensing regimes for DA dealing service providers and DA custodian service providers. The SAR also revealed that the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority will be overseeing a legal review to allow the tokenization of real-world assets (RWAs) and financial instruments. According to the region, the new policy statement will consider distinct features of tokenized bond issuance and transactions, including settlement, registration, and record requirements. “The framework set out in the Policy Statement 2.0 helps us ‘LEAP’ towards a trusted, sustainable and deeply integrated DA ecosystem embedded within the real economy. It also keeps Hong Kong at the forefront of digital transformation, offering a clear roadmap for businesses and investors to thrive in a secure and vibrant DA market.” – Christopher Hui , Secretary for Financial Services and the Treasury in Hong Kong. The policy statement revealed that the government wants to regulate the issuance of tokenized government bonds and propel the tokenization of RWAs. The SAR said the initiative aims to enhance liquidity and accessibility by clarifying the stamp duty statement for tokenized exchange-traded funds (ETFs). The Hong Kong government also welcomed the introduction of secondary market trading of the tokenized funds on licensed DA trading platforms. The government added that it will promote the tokenization of a flurry of assets and financial instruments to illustrate the adaptability of the technology across sectors such as precious metals, non-ferrous metals, and renewable energy. The SAR said that implementing the licensing regime for stablecoin issuers on August 1 would allow the development of real-world use cases. The government also highlighted its partnerships among regulators, law enforcement agencies, and technology providers for the development of DA infrastructures. Hong Kong has welcomed suggestions from market participants on how the government may test the usage of licensed stablecoins. SAR also announced that Cyberport will establish a funding channel for blockchain and DA, which will offer funding to high-impact applications with the potential to serve as a benchmark for future use cases. Hong Kong partners with industry and academia for international cooperation The SAR revealed that Hong Kong is working on nurturing talent through partnerships with industry and academia. The government believes the initiative is positioning Hong Kong as a center of excellence for DA knowledge-sharing and international cooperation through joint research initiatives and global regulatory collaboration. The government also wants to build a sustainable talent pool by cultivating a new generation of entrepreneurs, researchers, and technologists. The finance secretary, Paul Chan, argued that digital assets hold great development potential that is significant to fintech. He believes that by adopting blockchain technology in Hong Kong, more efficient financial transactions at a lower cost can be realized to bring in more inclusive financial services. Chan said Policy Statement 2.0 propels Hong Kong’s vision for DA development and showcases the practical use of tokenization through application. According to the finance secretary, the country strives to build more DA ecosystems that will integrate the real economy with social life through a regulatory regime and encouragement to market innovation. He believes it will benefit both the economy and society while consolidating Hong Kong’s leading position as an international financial center. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Bitcoin and Ethereum have inched forward, as 77% of Myriad Market users signal they’re certain Iran's supreme leader will remain in power.
The crypto market is down today. The majority of the top 100 coins have recorded price decreases over the past 24 hours, but most top 10 coins are up. Moreover, the cryptocurrency market capitalization has fallen by 1% in that period to $3.43 trillion. The total crypto trading volume is at $99.9 billion, the same level as yesterday. TLDR: The crypto market is down overall, but the prices have seen notable increases over the past three days; BTC and ETH appreciated by nearly 2% each, trading at $107,827 and $2,480, respectively; Markets reacted positively to de-escalation in the Middle East and rising institutional adoption; US spot Bitcoin ETFs have seen 12 consecutive days of positive flows ’BTC is ready to move into its utility phase and lay the foundation for the next era of finance and payments; The market sentiment signals ongoing caution. Crypto Winners & Losers Five of the top 10 coins per market cap are up, while three are down at the time of writing (not taking the two stablecoins into account). Bitcoin (BTC) appreciated by 1.5%, now trading at $107,827. Notably, this is up from $101,924 over six days. Furthermore, Ethereum (ETH) appreciated the most in this category. It’s up by 1.9%, changing hands at $2,480. Lido Staked Ether (STETH) saw an equal rise. Binance Coin (BNB) recorded the smallest increase in this category of 0.3%, meaning it’s unchanged, now standing at $2.19. Moreover, about 20 of the top 100 coins saw their prices increase over the past day, many of them ETH-related. Kaspa (KAS) and Bitcoin Cash (BCH) appreciated the most: 5.2% each to the prices of $0.0781 and $496, respectively. At the same time, two coins saw double-digit decreases. Fartcoin (FARTCOIN) is down 11.3% to $0.9739, while Sei (SEI) fell 11% to the price of $0.2755. Notably, SoFi , a San Francisco-based financial platform, is planning to relaunch BTC and ETH trading later this year, after exiting the space in 2023. Moreover, it will add more features, including crypto-backed loans, staking, and stablecoin support. $SOFI is rolling out new crypto-enabled features later this year, including self-serve international money transfers and the return of crypto investing. Members will be able to send money abroad faster and cheaper using blockchain, with real-time transparency on fees and FX.… pic.twitter.com/EvNNJabpxz — Wall St Engine (@wallstengine) June 25, 2025 ‘Bitcoin is Ready to Move Into Its Utility Phase’ Dom Harz, co-founder of L2 BOB , commented that geopolitical uncertainty led to a brief BTC dip below $99,000, followed by a recovery to consolidate above $105,000. This signals growing market maturity, Harz argues. The recovery shows increasing liquidity and the coin’s deeper integration into mainstream portfolios, with both institutions and retail investors entering the space. US spot Bitcoin ETFs have seen 12 consecutive days of positive flows – the longest streak since December 2024. “Bitcoin now sits at the intersection of institutional adoption, retail momentum, regulatory clarity, and integration into the foundations of the global financial system,” Harz says. “What comes next is the final piece of the puzzle: a technological leap forward to enable true Bitcoin DeFi. That breakthrough is closer than ever. As infrastructure advances catch up to capital inflows, Bitcoin is ready to move into its utility phase and lay the foundation for the next era of finance and payments.” Speaking of ETFs, Andrejs Balans, Risk Manager at YouHodler , notes that “the momentum behind Bitcoin ETFs has been impossible to ignore,” with billions of dollars flowing in. “This tells us that institutions are no longer standing on the sidelines. They’re treating Bitcoin like a long-term asset, similar to gold or government bonds. Thanks to ETFs, they can do it through familiar, regulated channels. It’s not flashy, but it is one of the strongest signs yet that crypto has earned a seat at the financial table,” Balans writes. Moreover, total assets under management are at all-time highs, with more sophisticated strategies built around BTC, ETH, and diversified crypto baskets. “That’s a clear signal that this market is no longer just about chasing short-term gains. It is about long-term positioning, risk management, and belief in the future of digital assets,” Balans argues. “We’re not in the early days anymore, and we’re not just in it for the memes. With clear rules, growing trust, and institutional adoption, crypto is becoming part of the financial mainstream.” He also discussed Ethereum’s role, arguing that it’s “quietly becoming the infrastructure layer of the digital economy.” It offers yield through staking, which institutional investors are increasingly exploring. “Earning yield on digital assets in a secure, compliant way is precisely the kind of offering that could bring traditional finance even deeper into crypto,” Balans says. Levels & Events to Watch Next At the time of writing, BTC trades at $107,827. The chart shows the price gradually rising from the intraday low of $106,170. It briefly hit the daily high of $108,117 before slightly correcting back to the mid-$107,000 territory. That said, BTC managed to break another level the investors were waiting to see, the $107,500 mark. It also started retesting the $108,100 level, creating paths for additional rises. With this, it also hit a weekly high, recovering from the lows of $98,974. Next targets are $110,490 and $112,080. Bitcoin Price Chart. Source: TradingView At the same time, Ethereum is currently trading at $2,480. It jumped to the intraday high of $2,510 earlier this morning (UTC). Moreover, the coin is currently working to surpass its weekly high $2,552, but it’s not quite there yet. That said, the current price marks a notable rise from the intraweek low of $2,177. Additionally, the crypto market sentiment is moving within neutral territory after exiting the fear zone two days ago. The Fear and Greed Index has seen a slight increase over the past day from 48 yesterday to 50 today . These moves indicate caution in the market, but not panic among investors. Source: CoinMarketCap Furthermore, on 25 June, US BTC spot exchange-traded funds (ETFs) recorded another significant day of inflows, seeing $547.72 million . BlackRock is at the top of the list, recording $340.28 million in inflows, followed by Fidelity’s $115.19 million. The cumulative total net inflow now reaches $48.14 billion. Moreover, US ETH ETFs recorded inflows of $60.41 million . Of this amount, BlackRock saw $55.18 million and Bitwise $5.23 million. Currently, the cumulative total net inflow sits at $4.13 billion. Notably, Japanese company Metaplanet has added another 1,234 BTC to its treasury, bringing its total holdings to 12,345 BTC. This is a part of its ‘555 Million Plan’, per which it aims to raise $5.4 billion to buy 210,000 BTC by 2027. *Metaplanet Acquires Additional 1,234 $BTC , Total Holdings Reach 12,345 BTC* pic.twitter.com/ppeGIrfVfe — Metaplanet Inc. (@Metaplanet_JP) June 26, 2025 Moreover, the Moscow Exchange is set to launch a new Bitcoin index futures offering , in addition to crypto funds and structured bonds. The Managing Director Vladimir Krekoten said a new BTC derivative instrument launch was “imminent.” Quick FAQ Why did crypto move against stocks today? While the crypto market saw another relatively minor daily decrease, the stock market saw a mixed picture on Tuesday. The S&P 500 went down by 0.00033%, the Nasdaq-100 increased by 0.21%, and the Dow Jones Industrial Average fell by 0.25%. Analysts argue that the stock market reacted to US President Donald Trump looking for a replacement for Federal Reserve Chairman Jerome Powell. Is this dip sustainable? As analysts previously predicted, the market will continue seeing dips, while the prices increase long-term. This will likely continue for the foreseeable future. The post Why Is Crypto Down Today? – June 26, 2025 appeared first on Cryptonews .
BitcoinWorld Spot Ethereum ETFs Surge: $60M Inflows Ignite Market Confidence The world of cryptocurrency is constantly evolving, and recent data from the U.S. financial markets has once again captured the attention of investors and enthusiasts alike. On June 25, U.S. Spot Ethereum ETFs witnessed a remarkable total net inflow of $60.16 million. This significant movement signals a growing institutional appetite for Ethereum, the second-largest cryptocurrency by market capitalization, and marks a pivotal moment for the broader digital asset landscape. Understanding the Latest Spot Ethereum ETFs Performance The daily tracking of these new financial products offers crucial insights into market sentiment and investor behavior. According to data shared by Trader T (@thepfund) on X, the $60.16 million in net inflows on June 25 demonstrates a strong start for these recently launched investment vehicles. While the overall figure is impressive, a closer look reveals a clear leader in this initial phase. Here’s a breakdown of the performance: BlackRock’s ETHA: This fund dominated the inflows, attracting a substantial $54.93 million. BlackRock’s strong presence and reputation in traditional finance likely played a significant role in drawing such a large portion of the capital. Bitwise’s ETHW: Following BlackRock, Bitwise’s ETHW secured $5.23 million in inflows, indicating a healthy, albeit smaller, interest from its investor base. Other Spot Ethereum ETFs: Interestingly, the remaining spot Ethereum ETFs reported no changes in their holdings for the day. This suggests that initial institutional capital is highly concentrated in a few key players, particularly those with established track records and brand recognition. This concentrated inflow into a select few ETFs highlights the importance of trust and accessibility for investors entering the crypto space through regulated financial products. What Do These Ethereum Inflows Signify for the Market? The consistent positive Ethereum inflows into these ETFs are more than just numbers; they represent a significant shift in how mainstream finance views and interacts with digital assets. These inflows can be interpreted in several ways, each with profound implications for Ethereum and the wider crypto ecosystem. Increased Institutional Adoption: The primary takeaway is the accelerating pace of institutional adoption. Large financial institutions, hedge funds, and wealth managers are now gaining a regulated, familiar pathway to gain exposure to Ethereum without directly holding the cryptocurrency. This reduces operational complexities and regulatory hurdles, making it a more attractive option for traditional investors. Validation of Ethereum’s Value Proposition: Ethereum, with its robust ecosystem of decentralized applications (dApps), smart contracts, and its role in the DeFi (Decentralized Finance) and NFT (Non-Fungible Token) sectors, is increasingly being recognized as a foundational technology. The inflows suggest that institutional investors are buying into Ethereum’s long-term potential as a programmable blockchain. Potential for Price Impact: While daily inflows might not immediately cause drastic price movements, sustained inflows over weeks and months can create significant buying pressure. As more capital flows into these ETFs, the underlying ETH needs to be purchased to back the shares, potentially driving up the price of Ethereum. This creates a positive feedback loop, attracting even more interest. Market Maturity: The launch and subsequent performance of these ETFs contribute to the overall maturity of the cryptocurrency market. It moves crypto from a niche, speculative asset class to a more legitimate and accessible investment option within traditional financial portfolios. BlackRock ETHA: A Dominant Force in the New ETF Landscape The sheer volume of inflows into BlackRock ETHA is a testament to BlackRock’s immense influence and strategic positioning in the financial world. As the world’s largest asset manager, BlackRock brings unparalleled trust and reach to any product it launches. Their entry into the crypto ETF space, first with Bitcoin and now with Ethereum, is a game-changer. Why is BlackRock’s ETHA leading the pack? Brand Recognition and Trust: BlackRock is a household name in finance. Investors, particularly institutional ones, are more comfortable allocating capital to a fund managed by a firm with such a long-standing reputation for reliability and expertise. Extensive Distribution Network: BlackRock has a vast network of clients and advisors, making it easier for them to distribute their new ETF products to a wide range of investors, from large pension funds to individual wealth management accounts. Proven Track Record: The success of BlackRock’s spot Bitcoin ETF (IBIT) has set a precedent. Investors who saw the rapid growth and adoption of IBIT are likely to feel confident in allocating capital to their Ethereum counterpart. Liquidity and Market Depth: A larger fund often attracts more liquidity, making it easier for large investors to enter and exit positions without significantly impacting the market price of the ETF shares. The performance of BlackRock’s ETHA will likely serve as a benchmark for other Ethereum ETFs and could encourage more traditional financial players to explore similar offerings. The Broader Impact of the ETH ETF on Crypto Adoption The introduction and success of an ETH ETF marks a crucial milestone for the mainstream adoption of cryptocurrencies. For years, direct investment in crypto was seen as complex, risky, and largely unregulated. ETFs bridge this gap by offering a familiar, regulated, and easily accessible investment vehicle. Benefits for Investors: Simplicity: Investors can gain exposure to Ethereum through their existing brokerage accounts, just like they would with stocks or other ETFs. Security: The custody of the underlying Ethereum is handled by professional, regulated custodians, reducing the risk of hacks or self-custody errors for individual investors. Liquidity: ETF shares are traded on major stock exchanges, offering high liquidity and ease of trading during market hours. Diversification: For traditional portfolios, adding an ETH ETF provides diversification into a rapidly growing digital asset class. Challenges and Considerations: Fees: ETFs come with management fees, which can eat into returns over time compared to direct ownership. Indirect Ownership: Investors own shares in a fund that holds Ethereum, not the Ethereum itself. This means they cannot use their ETH for staking, DeFi, or other on-chain activities. Market Volatility: While ETFs provide regulated access, they are still exposed to the inherent volatility of the underlying cryptocurrency market. Despite these considerations, the net positive inflows suggest that the benefits currently outweigh the challenges for a significant portion of the investor community. What’s Next for Crypto ETFs and the Digital Asset Market? The success of the U.S. Crypto ETFs , both Bitcoin and now Ethereum, paints a promising picture for the future of digital asset investment. This trend is likely to continue, potentially paving the way for ETFs based on other major cryptocurrencies, provided they meet regulatory requirements and demonstrate sufficient market demand. Future Outlook: Increased Competition: As more funds enter the market, we can expect increased competition, potentially leading to lower fees and more innovative product offerings. Global Adoption: The U.S. market often sets a precedent. The success here could encourage other countries to approve similar crypto ETF products, further legitimizing digital assets on a global scale. Impact on Spot Price: Continued institutional buying through ETFs could provide a stable demand floor for Ethereum, potentially mitigating some of the extreme volatility seen in previous market cycles. Evolution of Investment Products: We might see more complex crypto-linked financial products emerge, such as options or futures on these ETFs, offering even more sophisticated ways for investors to gain exposure or hedge risk. The journey of spot Ethereum ETFs has just begun, but the initial $60.16 million net inflow is a strong indicator of the significant role they are poised to play in the ongoing integration of digital assets into the mainstream financial system. Conclusion: A New Era for Ethereum Investment The robust $60.16 million in total net inflows into U.S. spot Ethereum ETFs on June 25, heavily led by BlackRock’s ETHA, marks a significant milestone for the cryptocurrency market. It underscores a growing institutional appetite for Ethereum, validates its long-term potential, and offers a clear pathway for broader investor adoption. While challenges remain, the current trajectory suggests a promising future where digital assets are increasingly accessible and integrated into traditional investment portfolios. This surge of capital is not just a daily statistic; it’s a powerful signal of evolving market confidence and the dawning of a new era for Ethereum investment. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption. This post Spot Ethereum ETFs Surge: $60M Inflows Ignite Market Confidence first appeared on BitcoinWorld and is written by Editorial Team