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Bybit Reportedly in Talks to Buy Korbit, a South Korean Cryptocurrency Exchange: Report

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Cryptocurrency exchange giant Bybit is in talks to acquire Korbit, one of the oldest cryptocurrency exchanges in South Korea, according to media reports in the country. Bybit, the second largest cryptocurrency exchange, met with Korbit executives, Maeil Business reported, citing virtual asset industry sources. Korbit told the newspaper: “We cannot comment on ongoing matters.” “We […]

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BONK extends gains to $0.00001332 with 82% volume increase confirming breakout trend

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BONK gained 1.7% to $0.00001332 over the past 24 hours, extending its recent breakout move while testing higher resistance levels. The Solana-based meme token traded within a tight ascending channel after decisively breaching the $0.00001320 threshold, maintaining its bullish structure through moderate volatility, according to CoinDesk Research’s technical analysis data model. The volume provided strong

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Dogwifhat (WIF) jumped 5% to $0.497 before retreating as profit-taking emerged

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According to CoinDesk Research’s technical analysis data model, dogwifhat (WIF) staged a measured accumulation phase before explosive gains took memecoin to session highs near $0.497 during Tuesday’s trading. WIF spent most of the 24-hour period consolidating between $0.4754 and $0.4897 before breaking out dramatically overnight with institutional-level volume. The breakout materialized at midnight on November

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Senate committee drafts crypto bill to define CFTC’s role in monitoring markets

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The Senate Agriculture Committee released its crypto market structure bill Monday, bringing the body a necessary step closer to advancing its response to the House of Representatives’ clarity legislation to define how exactly the Commodity Futures Trading Commission can oversee trading in the spot market. The bill, which still includes brackets indicating sections where lawmakers

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BNY Sees Stablecoins and Tokenized Liquidity Reach $3.6 Billion by 2030

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Stablecoins and other forms of tokenized liquidity could reach $3.6 trillion by 2030, according to a new report released by financial services giant BNY. The financial services giant said Monday that stablecoins alone could reach $1.5 trillion in market capitalization by the end of the decade, with token deposits and money market funds contributing the

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US IRS Paves Way for Staking for Crypto ETFs to Earn Returns Without Tax Hassles

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A new safe harbor announced Monday by the U.S. Internal Revenue Service is seen as a major step toward allowing crypto exchange-traded products (ETPs) to share staking rewards with their investors. Under certain conditions, the new guidance allows trusts to “stake their digital assets into play without jeopardizing their tax status as investment trusts and

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Uniswap Proposes Radical “Unification” With Overhaul of UNI Burn and Protocol Fees

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Uniswap Labs and Uniswap Foundation, two of the main companies helping to drive the Uniswap protocol, are joining forces to propose a radical new governance proposal that would completely change the way the ecosystem currently operates. The proposal, called “UNIfication,” aims to align incentives across the Uniswap ecosystem and position the protocol as the default

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Monad Foundation Unveils Tokenomics Ahead of November 24 MON Token Airdrop

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Layer 1 blockchain Monad has detailed the initial distribution of its native token, MON, as it prepares for the mainnet introduction on November 24, a key milestone for the project which is positioning itself as a high-performance network compatible with Ethereum. The Monad Foundation said on Monday that a public sale of 7.5% of the

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Internet Computer Price (ICP) falls 11% to $6.69 as $7.00 support breaks on heavy volume

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PCI$6.9073 slipped on Monday, falling 11.2% to $6.69 as the token fell below key technical support at $7.00. The drop extended a week of decline following last week’s rally to $8.76, marking one of ICP’s sharpest intraday declines in recent months, according to CoinDesk Research’s technical analysis data model. Volume reached 6.31 million tokens at

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