Category: Bitcoin News

Ethereum Devs Unveil Kohaku Roadmap to Boost Wallet Privacy and Security

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Ethereum developers unveiled Kohaku, a roadmap that aims to improve wallet privacy and security through a modular framework designed for developers and advanced users. The project, announced in a Thursday blog post by Ethereum Foundation coordinator Nicolas Consigny, outlines plans to build a set of privacy and security primitives for the Ethereum ecosystem. At its core, Kohaku aims to create a software development kit (SDK) for building secure wallet functions, and a reference wallet that demonstrates how these tools work in practice. The first version will come as a browser…

Japan PM May ‘Refine’ Blockchain Regulations, Boost Crypto Economy

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Japan’s newly elected prime minister, Sanae Takaichi, may open the door for more “refined” regulations to boost the country’s cryptocurrency economy, which could be set to emerge as the next global hub for crypto companies. Takaichi was elected leader of the Liberal Democratic Party (LDP) on Saturday and is set to become Japan’s first female prime minister when she takes office on Oct. 15. Experts say her leadership may introduce a more open stance toward technological experimentation, including blockchain innovation, while maintaining Japan’s rigorous regulatory standards. Takaichi’s election may have…

Bank of France Pushes for ESMA Oversight, Stricter Stablecoin Rules

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The Bank of France has called on the European Union to give its markets regulator direct supervision over major crypto firms, warning that fragmented oversight could threaten the bloc’s financial sovereignty. Speaking at the ACPR-AMF Fintech Forum in Paris on Thursday, Bank of France Governor François Villeroy de Galhau said the European Securities and Markets Authority (ESMA) should be given the mandate to directly oversee crypto-asset issuers under the EU’s Markets in Crypto-Assets (MiCA) framework.  “I also advocate, along with the president of the AMF, for European supervision of crypto-asset…

Amina Bank Launches Polygon (POL) Staking With Up to 15% Rewards

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Swiss crypto bank Amina Bank has become the first financial institution to offer staking services for POL, the native token securing the Polygon network. The Zug-based bank, licensed by the Swiss Financial Market Supervisory Authority (FINMA), said on Thursday that it will provide institutional clients with up to 15% in staking rewards through a new partnership with the Polygon Foundation. “Our expansion of POL services provides institutional clients with regulated access to the blockchain, enabling our clients to be rewarded for providing stability and security to a blockchain network used…

Crypto Funds Flip Total 2024 Inflows At $48.7 Billion YTD

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Cryptocurrency investment products have reached a major milestone, with year-to-date (YTD) inflows surpassing the total gains recorded in 2024. Global crypto exchange-traded products (ETPs) have attracted $48.67 billion so far this year, exceeding the full-year total for 2024, according to CoinShares head of research James Butterfill, who reported the figures in an X post on Thursday. In 2024, crypto ETPs recorded $44.2 billion in inflows, driven by a massive surge following the historic launch of spot crypto exchange-traded funds (ETFs) in the United States. The new milestone builds on record-breaking…

Bitcoin Price Gets a New 100-Day Breakout Countdown

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Key points: Bitcoin is due for a breakout after record Bollinger Bands “tightness” — but the direction remains unknown. According to history, the scenario typically resolves within around three months. BTC price action is teasing the start of a new “price discovery uptrend.” Bitcoin (BTC) may flip “parabolic” or end its bull market within the next 100 days, says a new BTC price volatility analysis. In an X post on Wednesday, popular trader Tony “The Bull” Severino concluded that Bitcoin’s next move hinges on the Bollinger Bands volatility indicator. BTC price…

Bitcoin Hits 97% Profit As Leverage Risks Mount: Glassnode

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Nearly all of Bitcoin’s supply is now in profit after a recent rally, but rising leverage and “crowded call positioning” could suggest growing short-term fragility, according to onchain analytics.  As of Wednesday, 97% of Bitcoin (BTC) supply is in profit, reported blockchain analytics provider Glassnode. “Building on the accumulation trend, Bitcoin’s rally to a new all-time high has lifted nearly all circulating supply back into profit.” Elevated profit levels often precede consolidation and realized profits remain contained, “suggesting an orderly rotation rather than distribution pressure,” the analysts added. This means…

Bitwise Low Solana ETF Fees Shocks ETF Analyst

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Asset manager Bitwise’s decision to set a 0.20% fee on its amended US-based Solana ETF application, which now includes staking, may be a sign of how competitive the product could get among ETF issuers, according to ETF analyst Eric Balchunas. “Thought we’d see higher first, need war to get this low,” Balchunas said in an X post on Wednesday. “They prob figured it’s gonna end up there anyway, so just do it now,” he said, adding it is a “veteran Terrordome move right there.” Bitwise amended its filing with the…

UK Ban On Crypto ETNs Lifted As Market Tipped To Grow By 20%

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The UK government has finally lifted its ban on crypto exchange-traded notes, citing a maturation of the industry and a greater understanding of digital asset products.  In an announcement on Wednesday, the Financial Conduct Authority (FCA) outlined that retail investors can now access crypto ETNs via FCA-approved exchanges based in the UK  A crypto exchange-traded note is a debt product that allows an investor to gain exposure to a cryptocurrency without owning the underlying asset. These types of products are essentially traded similarly to any other security, with underlying crypto…

BNB Registers Surge in Mindshare, as Token Hits New High

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BNB “mindshare” has surged over 250% in just a week, according to Messari, with one analyst pointing to a market shift toward high-throughput, low-cost chains.  The native token of BNB Chain crossed over $1,330 for the first time on Wednesday, after registering a gain of over 27% in the last week, according to data aggregator CoinGecko, nearly a week after clocking its previous high of $1,111. Crypto market intelligence firm Messari said in an X post on Wednesday, BNB’s’ mindshare, which measures public attention, discussion, and awareness, has seen a…