Stellar gains focus for fast payments, native USDC, Soroban smart contracts, and Sl8 Social wallet features built on XLM. Stellar is returning to market discussion as traders revisit payment-focused blockchain networks. Scopuly said XLM is appearing again across professional trading desks. The renewed focus is tied to Stellar’s long-running role in fast and low-cost transfers.
Bitcoin is likely to stay range-bound, said Jeff Ko, chief analyst at CoinEx, and he points to three reasons the backdrop has calmed. Oil has retreated from last week’s highs after another pause in U.S.-Iran hostilities. The 10-year Treasury yield, approaching 4.7%, is doing part of the Fed’s tightening work on its own. And the
The Smarter Web Company has sold a portion of its Bitcoin treasury to repay an $11.7 million convertible debt facility held by TOBAM, a move the company frames as a choice for balance-sheet flexibility over equity dilution. The company sold 177.8909127 BTC at an average price of $65,762 to retire the instrument, known as the
SUI trades in $0.60-$0.90 accumulation range as traders watch $5, $10, $20 targets and a $2B market-cap retest before $70B target. SUI is back in trader focus after new market commentary pointed to a possible accumulation phase. The discussion centres on whether buyers are building positions before a wider price recovery. Crypto Patel said SUI
POSCO International, South Korea’s largest trading company, has begun tokenizing trade receivables on blockchain in a test that could speed up commercial payments between its global subsidiaries. The company, which generated $22.2 billion in revenue last year from businesses spanning steel, energy and battery materials, is working with LG CNS, the technology arm of LG
Senate Democrats have rejected the ethics provision in the latest Clarity Act draft in blunt terms, and Majority Leader John Thune cast doubt on Thursday that the crypto market-structure bill can pass before the August recess. “Whatever piece of s–t they sent back to us, that was not a serious effort,” Senator Ruben Gallego of
KB Kookmin becomes South Korea’s first bank to use JPMorgan’s Kinexys payments network. New service enables faster USD transfers across 10 countries for import and export firms. Kinexys integrates with SWIFT to deliver near-instant settlement for corporate payments. South Korea’s largest lender, KB Kookmin Bank, will launch a blockchain-based cross-border payment service using JPMorgan’s Kinexys
The crypto industry, naturally, is urging passage. The common refrain online is that Clarity includes some investor protection rules and creates some structure for crypto products, while not passing the bill would mean there are no investor protections. If the bill is to pass the Senate before summer recess begins, the first thing to watch
Top crypto advocacy groups the Crypto Council for Innovation, Blockchain Association, and the Digital Chamber have said in a letter that they support the latest draft of the Clarity Act. In a letter Friday, the trade associations said that passing the bill is necessary to establish the “first comprehensive federal consumer protection framework for digital
Upbit launches EUL KRW trading, expanding direct access for Korean investors. EUL jumped 74% before trading as listing news fueled strong market demand. Upbit imposed temporary trading limits to reduce launch-day market volatility. South Korea’s largest cryptocurrency exchange, Upbit, has announced the listing of Euler (EUL) on its Korean won (KRW) market, expanding direct fiat
