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MemeCore, the infrastructure layer for memecoins, has seen a 30% price plunge amid a 5.6% broader memecoin market downturn, driven by bearish sentiment and negative funding rates. Investors are pulling liquidity as short traders dominate, though early signs of shifting optimism may signal a potential rebound in the demand zone. MemeCore price drops 30% as […]
Belarus has introduced a national register tracking cryptocurrency wallets linked to criminal activities, enabling faster seizure of illicit funds. This initiative, announced by State Control Committee Chairman Vasily Gerasimov, supports compliance with global anti-money laundering standards ahead of a FATF evaluation. Register Targets Illicit Wallets: Belarus authorities maintain a database of digital currency addresses used […]
Ether whale accumulation continues unabated among the top 1% of holders, reaching 97.6% of supply despite market pressures and selective OG sales. This steady buying signals confidence in Ethereum’s long-term value, even as some early investors realize gains after over a decade. Top 1% Ether holders now control 97.6% of supply, up from 96.1% a […]
South Korea’s expanded crypto Travel Rule now requires identity verification for all cryptocurrency transactions, including those under 1 million won ($680), to combat money laundering and illicit activities. This update closes loopholes exploited by users splitting larger transfers into smaller ones, ensuring full traceability across exchanges. South Korea’s Financial Services Commission (FSC) mandates real-name verification […]
The Avail Nexus mainnet launched this week, enabling seamless crosschain asset movement across 13 ecosystems by unifying balances and automating multi-step processes. This application-layer solution addresses fragmented liquidity and poor user experience in Web3, allowing users to specify intents and let solvers handle executions without bridging hassles. Avail Nexus introduces intent-based execution to simplify crosschain […]
ETH is currently trading near its fair value territory above $3,000, with a realized price of $2,315 and an MVRV ratio of 1.27, indicating neutral market conditions without signs of overbought status. Exchange reserves are at all-time lows, suggesting reduced selling pressure amid staking and DeFi activity. ETH’s MVRV ratio at 1.27 signals fair valuation, […]
The UK government is ramping up short-term debt issuance through Treasury bills to address borrowing needs more affordably, with net contributions rising to £11 billion for the fiscal year. This shift reduces reliance on long-term bonds amid changing investor demand and lower short-term yields, potentially shortening average debt maturity from 14 years. UK Debt Management […]
South Korean police officers were arrested on November 27 for accepting bribes from operators of illegal cryptocurrency exchanges involved in laundering $186 million through voice phishing scams. The scandal highlights corruption in law enforcement tied to crypto crimes, with officers providing insider information for cash and luxury goods. South Korean authorities arrested two officers, including […]
Bitcoin whale inflows to Binance reached $7.5 billion in the past 30 days, the highest in a year, signaling heightened market pressure and potential profit-taking amid ongoing fluctuations. This activity, tracked by on-chain data, suggests large holders are positioning for key resistance levels between $100,000 and $110,000, while accumulation supports a cautious recovery path. Bitcoin […]