🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! A new Ethereum
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! US President Trump
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! BankrCoin (BNKR) surged
Asia’s regulators are moving fast because Donald Trump, now sitting in the White House, just made US dollar-backed stablecoins a national focus. The GENIUS Act, signed into law just two weeks ago, made clear that Washington is fully backing stablecoins that hold a 1:1 peg with the dollar. Asian governments are watching closely as their own citizens pour billions into dollar-pegged stablecoins. Big players like JD.com and Ant Group are now applying to issue stablecoins of their own. Shares of Kakaopay jumped on speculation it might enter the space too. Korean regulators fight over who controls stablecoin issuance In South Korea, the tension is no longer quiet. President Lee Jae Myung’s ruling party proposed the Digital Asset Basic Act on June 10 to open a legal path for local firms to issue won-backed stablecoins. That proposal immediately set off alarms at the Bank of Korea. Ryoo Sangdai, the bank’s senior deputy governor, warned that stablecoins could interfere with capital policies and slow down the push to internationalize the won. Two weeks later, Governor Rhee Chang Yong went even further, saying that non-bank stablecoins would bring back the same instability seen when private firms issued their own money in the 1800s. John Park, head of Korea at the Arbitrum Foundation, said the concern isn’t just local. Stablecoins made in Asia could easily connect to global markets using decentralized platforms. “Local stablecoins, while offering regulatory visibility at the point of issuance, carry the risk of becoming efficient bridges to global markets through seamless crypto-to-crypto swaps on decentralized exchanges,” Park told Bloomberg. Instead of blocking this, Park said Asia’s central banks should guide it. Build the rules, don’t fight the tide. The numbers show why this matters. Right now, dollar-backed stablecoins make up $256 billion of the global market. Compare that with just $403 million worth of euro-pegged stablecoins. And that’s with Europe having a full rulebook already. So it’s not surprising that South Koreans traded over $41 billion worth of USDT, USDC, and USDS in just the first quarter of this year, based on Bank of Korea data. Hong Kong pushes forward while China watches from the side Hong Kong is going full speed. The Hong Kong Monetary Authority wants stablecoins to show real-world value, not just theoretical guardrails. Clara Chiu, founder of QReg Advisory, said that many of the firms applying to create yuan-backed stablecoins are already using the yuan in global payments. The city is becoming the testing ground for what could be a much bigger play: crypto instruments tied directly to the Chinese currency. China still has a public ban on crypto trading. But behind the curtain, there’s movement. In June, People’s Bank of China Governor Pan Gongsheng said stablecoins could have a place in global finance, especially at a time when cross-border payments are feeling the pressure of rising political tensions. That single comment has already shifted the mood. A large, state-owned Chinese brokerage just got a license in Hong Kong to work with crypto. Chiu said it gave the industry “hope that there’s a way.” But don’t expect Beijing to jump in with open arms. Lily King, the chief operating officer at crypto custodian Cobo, said Hong Kong will stay the sandbox. Chinese firms will use it to experiment, but the mainland will keep its doors shut. “China may not feel the need to open itself,” King said. Crypto traders want more choices though. Yoann Turpin, co-founder of market maker Wintermute, said, “Capital controls are a challenge. But stablecoins could provide a vetted, more efficient on-chain system.” The user base is already there. In South Korea, around 18 million people, over one-third of the entire population, are already involved in crypto. Sam Seo, chairman of the Kaia DLT Foundation, said a stablecoin backed by the won would serve different needs than US dollar ones. “In the short term, swaps between the won and USDT will dominate. But longer term, we’ll need stablecoins from other countries to support direct pairings and faster settlement,” Seo said. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Altcoin-focused investors are entering 2025 with a clear goal: identify hidden gems before they go mainstream. With fresh capital waiting on the sidelines and social channels flooded with speculation, the hunt for under-the-radar tokens with high growth potential is in full swing. Analysts, influencers, and early adopters are comparing notes on which assets could deliver the next big returns – driven by narrative strength, engaged communities, and strategic access phases. In this rapidly shifting landscape, MAGACOIN FINANCE is beginning to stand out , gaining momentum for its expanding utility roadmap, rising demand, and limited-time early access window that many see as a key entry point. MAGACOIN FINANCE tipped for 35× growth amid strategic market surge Analysts now identify MAGACOIN FINANCE as a standout value play, forecasting a 35X growth trajectory based on emerging ecosystem demand. The project has delivered record-breaking community sign‑ups and strong sellout rounds, while expanding utility for token holders within its growing ecosystem. What sets it apart is its focused early‑access window – exclusive access open now and available for a limited time only – creating a rare entry point as broader awareness builds. As markets rotate toward narrative‑rich, under‑the‑radar assets, MAGACOIN FINANCE is being highlighted as a prime candidate for asymmetrical upside—without compromising on structure or long‑term roadmap clarity. BlackHole surges as Avalanche’s emerging DEX draws real liquidity Meanwhile, BlackHole—a DeFi protocol on Avalanche—is rapidly climbing in relevance, earning recognition for reaching over $250 million in TVL and becoming the platform’s largest DEX within weeks. Analysts note its innovative cross‑chain liquidity tools and fee-generation model as key differentiators positioning it for institutional attention, particularly as Avalanche adoption deepens in 2025. Conclusion: Prepare now to benefit from altcoin season Altcoin season feels imminent, and those who position early may capture real asymmetrical gains. MAGACOIN FINANCE, backed by its projected 35X upside , growing engagement, and strategic early‑access structure, is standing out as a leading candidate among emerging assets. When viewed alongside evolving stories like PENGU’s brand influence and BlackHole’s DeFi traction, the project profile aligns with the types of narratives poised to win in the next market cycle. If you’re putting capital to work, timing and story strength may matter most. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Hidden Altcoin Gems for 2025: MAGACOIN, PENGU, and Blackhole
The recognition by a top-tier centralized exchange with a listing has spurred short-term bullish sentiment, but this might not last.
Bitcoin’s latest push towards $120,000 fizzled into a stall-out that now resembles a “failed breakout zone,” according to market analytics firm Swissblock. In a July 31 thread, the firm said “momentum has failed to ignite,” arguing that realized-profit flows and an overwhelming share of coins sitting in profit have turned every bounce into an opportunity for supply to meet price. Profit-Taking Cools Bitcoin Rally Swissblock framed the setback as a pause rather than a breakdown. “Profit-taking is rising—but not as intense as late 2024,” the firm wrote, adding that the effect through July was “enough to cap upside and trigger consolidation.” The tone is cooling, not capitulatory: “Selling pressure is visible, but not extreme—think cooling, not capitulation.” That diagnosis hinges on on-chain readings of realized profit—an input that tends to expand into rallies as long-held coins are spent into strength—and a market structure in which bids are absorbing supply rather than being overwhelmed by it. Related Reading: Bitcoin New Investor Dominance Rises – No Signs of Mass Profit-Taking Yet The most striking datapoint in the thread is breadth of profitability: “96% of supply is in profit,” Swissblock noted, citing Glassnode. That ratio is historically consistent with late-cycle euphoria, but it is also mechanically self-limiting; when nearly all holders are in the green, latent sell pressure rises because “unrealized gains are tempting sellers.” As Swissblock put it, “Strong holders remain. But unrealized gains are tempting sellers. Until demand returns, each bounce invites supply.” The firm contends the broader trend “is intact—but momentum needs a reset.” Beyond on-chain realized flows, the firm’s composite fundamentals read neutral with improving liquidity. “BTC fundamentals are strong and stable,” Swissblock wrote, pointing to a Bitcoin Fundamentals Index reading of 60 (neutral), “Network Growth is cooling,” and “Liquidity is recovering.” That mix typically favors range behavior over directional surges—“a consolidation-supportive environment,” as the post put it—in which Bitcoin “can grind sideways longer—until it’s ready to break with conviction.” The implication is that the market’s “failed breakout” risk reflects timing rather than trend reversal: positioning and liquidity are not aligned yet for a sustained continuation. Related Reading: Weak Bitcoin Treasury Companies Will Be Crushed By Bear Market, Insider Warns The cross-asset context is equally nuanced. “Altseason is active—but under stress,” Swissblock wrote, observing that while “$ETH continues to outperform BTC structurally, holding up better in this pullback,” most altcoins are sagging, with “only 5% of top 100 showing positive impulse.” That thinning rotation underlines the selectivity of risk appetite and the fragility of momentum outside of the largest names. Historically, that pattern often precedes a decisive move in Bitcoin that either recharges the rotation or breaks it. Swissblock’s concluding assessment leans cautiously constructive. “Profit-taking is fading and selling pressure is being absorbed. BTC is preparing for breakout—but momentum needs to align.” Until that alignment arrives, the firm expects a grind: bids continue to meet supply from profitable holders, realized profits moderate, and liquidity improves in the background. If and when Bitcoin flips momentum back to positive, Swissblock argues, the spillover could be forceful: “While BTC grinds sideways, watch for the moment it flips—ETH and altcoins will likely explode upward when it does.” In short, today’s dip to $115,000 looks less like an outright rejection than a test of the market’s ability to digest profits and reset momentum without damage to the underlying uptrend. With 96% of supply in profit and breadth compressed, the next impulse likely hinges on whether liquidity and demand can reassert themselves before profit-taking reaccelerates. For now, Swissblock’s message is clear: the breakout will need to be earned, not assumed. At press time, BTC traded at $115,452. Featured image created with DALL.E, chart from TradingView.com
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! BlackRock’s participation at
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Arthur Hayes sold
SBI Holdings outlines collaboration with Ripple and introduction of RLUSD. Company aims to develop faster, cost-effective cross-border transactions. Continue Reading: Discover How SBI Holdings Steers Financial Innovation The post Discover How SBI Holdings Steers Financial Innovation appeared first on COINTURK NEWS .