South Korea's largest cryptocurrency exchanges Upbit and Bithumb started the day with altcoin listings. At this point, Upbit announced that it will list the altcoin Raydium (RAY), while Bithumb announced that it will list the altcoins Forta (FORT) and Huma Finance (HUMA). Upbit announced that it will list RAY on the KRW and USDT trading pair, while Bithumb stated that it will list FORT and HUMA only on the KRW trading pair. “On June 19, 2025, RAY will be added to the KRW and USDT markets on Upbit. Listing for RAY is planned on the Solana network in KRW and USDT trading pairs. HUMA and FORT Also Listed: “HUMA and FORT will be added to the KRW market today. HUMA transaction support: Supported Market: Korean Won Market Supported Network: Solana (SOL) (Deposits made via other networks are not supported.) Deposit start: 19.06.2025 is planned as 15:00. FORT transaction support: Supported Market: Korean Won Market Supported network: Ethereum (ETH) (Deposits via other networks are not supported.) Deposit start: 19.06.2025 is planned as 17:00.” Following the announcements, there were major increases in the prices of HUMA, FORT and RAY. *This is not investment advice. Continue Reading: Morning Release from South Korea! Three New Altcoins Listed, Prices Rise Sharply!
U.S. futures markets are poised for a breakthrough as Coinbase spearheads the regulated use of USDC stablecoin as collateral, signaling a seismic leap toward mainstream financial integration. Regulated Futures Markets Open Gates to USDC Collateral With Coinbase Leading the Charge Cryptocurrency exchange Coinbase (Nasdaq: COIN) announced on June 18 that its subsidiary Coinbase Derivatives LLC
The cryptocurrency market is witnessing pivotal movements as Shiba Inu approaches critical price thresholds, Dogecoin faces renewed volatility, and XYZVerse emerges as a promising memecoin with potential for exponential growth.
GoPlus, a prominent Web3 security infrastructure provider, recently disclosed that its SafeToken Locker service has secured liquidity lockups for more than 4,000 projects, including notable names like TST, Mubarak, and
US officials are reportedly preparing for a potential military strike on Iran, stirring concerns about Bitcoin’s price volatility amid escalating geopolitical tensions. Market participants are exhibiting increased caution, with Bitcoin
According to data from Lookonchain, a significant transaction was observed involving whale wallet 256Eh2, which transferred 906,788 RAY tokens valued at approximately $2.26 million to Binance. This sizable deposit follows
DAO members of 1inch are voting on whether to approve a reimbursement scheme for victims of a supply chain exploit last year.
US President Donald Trump has called on the House of Representatives to swiftly pass the GENIUS Act without making any amendments, urging lawmakers to deliver the bill to his desk “ASAP.” In a post on Truth Social Thursday, Trump celebrated the Senate’s approval of the bill and warned against any attempts to delay or tweak it. “The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets,” he wrote. “Get it to my desk, ASAP — NO DELAYS, NO ADD ONS.” The push comes a day after the Senate passed the GENIUS Act in a 68 to 30 vote , with 18 Democrats joining most Republicans in support. Formally known as the Guiding and Establishing National Innovation for US Stablecoins Act, the bill represents Congress’s first major attempt to regulate stablecoins, which are crypto tokens pegged to the US dollar. Source: Truth Social/@realDonaldTrump GENIUS Act Faces Scrutiny Over Trump’s Crypto Gains Ahead of House Debate Next, the House is expected to take up the measure, with Republicans holding a narrow majority. While GOP leadership is likely to support the bill, partisan tensions remain. The GENIUS Act failed its initial Senate vote in May. This was largely due to concerns about Trump’s ties to the crypto industry. Sen. Elizabeth Warren, one of the bill’s strongest critics, raised serious objections. She accused the president and his family of standing to make “hundreds of millions” if the bill becomes law. Trump’s USD1 stablecoin reportedly brought in $57m last year. Despite the controversy, several Democrats say the need to regulate the growing stablecoin sector is urgent. Sen. Mark Warner, who also raised concerns about Trump’s crypto ventures, argued that the US cannot afford to remain on the sidelines while other countries move forward with digital asset policy. With Backing from Industry, Stablecoin Bill Moves Ahead Despite Regulatory Gaps If the House passes the GENIUS Act, it would create a federal licensing system for stablecoin issuers. Each token would be required to maintain full 1:1 backing with US dollars. In addition, the bill would restrict how reserves are used, limiting them to redemptions and low-risk investments such as Treasury repos. It also mandates anti-money laundering checks and basic consumer protections. Once cleared by the House, the bill would head to President Trump for his final signature. Large crypto firms have largely welcomed the legislation. Many have spent millions lobbying in Washington to shape digital asset rules. However, critics say the bill leaves important gaps. While it prohibits members of Congress and their families from profiting off stablecoins, it does not apply the same rule to the president or first family. As a result, Trump could continue issuing stablecoins even as he signs the regulations governing them into law. Other provisions in the bill have also drawn criticism. It prohibits yield-bearing stablecoins, a move some say protects traditional banks but stifles innovation. Additionally, the bill’s strict compliance rules could increase costs. This may push out smaller issuers and concentrate power among a few large players. Even so, momentum appears to favor the bill. Trump’s allies see his urgency as a strategy to lock in digital asset policy. They hope to avoid delays from drawn-out Congressional negotiations or the risk of the bill being bundled with more contentious crypto legislation. The post Trump Wants GENIUS Bill Sent Straight to His Desk, Without Congressional Tweaks appeared first on Cryptonews .
The post ADA Price Drops 13% as Cardano Wallets Jump by 400,000 appeared first on Coinpedia Fintech News Cardano (ADA) is currently trading at $0.6015, down 2% in the past 24 hours. Despite the price drop lately, Cardano continues to show impressive on-chain growth . It now has over 5.4 million wallets, with 100,000+ new wallets added in just the last 60 days. Market Activity Remains Strong Data from TapTools shows that in just over 6 months, Cardano has added 400,000+ new wallets. Additionally, ADA’s 24-hour trading volume has surpassed $700 million. CoinMarketCap ranks Cardano’s community sentiment as the 7th most bullish, with over 81% positivity. In just over 6 months, Cardano has added 400,000+ new wallets. pic.twitter.com/uX8lgDNRdz — TapTools (@TapTools) June 11, 2025 ADA remains under pressure However, its recent price action remains in a bearish trend. Cardano has dropped 13.4% in the past week, falling from over $0.70 on June 12 to around $0.60 today. Most technical signals are neutral to bearish: RSI is at 33.39, close to oversold, MACD and Momentum are negative. CCI is the only indicator flashing a clear buy. Major moving averages, like the 10-day EMA ($0.6324) and 200-day EMA ($0.7097), are above the current price, showing a strong downtrend. Support at $0.60 Is Critical Cardano’s long-term holders are also cashing out. If ADA falls below $0.60, the next major support lies at $0.57. A short-term bounce to $0.66 is possible if the support holds, but a sentiment shift is needed for sustained recovery. ADA also faces strong resistance between $0.75–$0.78, a zone it has failed to break in past rallies. Unless it reclaims $0.62 and pushes toward $0.70, there is a risk of more downside. Signs of a Bullish Reversal? On the brighter side, recent analysis points to a possible triple bottom forming at current levels, which is a classic bullish reversal pattern. ADA is also trading within a falling wedge, which often leads to breakouts. If ADA holds this level and forms a strong bullish weekly candle, it could gain upside momentum. Key upside targets to watch are $1.00, $1.21, and $1.43.
Goldman Sachs Chief Economist Jan Hatzius recently indicated that the anticipated reinstatement of reciprocal tariffs by the Trump administration on July 9 is unlikely. Speaking at the American Enterprise Institute,