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Crypto
Willy Woo warns of Bitcoin bull trap, says downtrend to persist for now
On-chain analyst Willy Woo says Bitcoin has entered the middle of a bear market and warns a bull trap is forming. He says a short-term rebound could last until late April but would be a false breakout rather than a trend reversal. Bitcoin is down 46.82 percent from its record high of $126,000 and trades near $67,012. Santiment and CryptoQuant issued similar cautions, while the Fear & Greed Index returned to Extreme Fear and spot Bitcoin ETFs saw net outflows of $228 million.
Crypto
Russia government to pursue separate stablecoin bill
Russia's finance ministry is considering pursuing a separate bill to regulate stablecoins rather than including provisions in the existing law that regulates cryptocurrency trading. A finance ministry official said stablecoins have enormous potential. Russia is also reviewing ways to use stablecoins to bypass sanctions. Russian law currently has no clear legal definition of stablecoins, and discussions will continue with the central bank and market participants.
Crypto
Binance to secure five more regulatory licenses in Asia this year
Binance plans to secure five additional regulatory licenses in Asia this year, Asia-Pacific head S.B. Seker said in an interview with Nikkei Asia. The company aims to increase the number of jurisdictions where it is authorised worldwide to more than 20. Binance currently has regulatory approvals in six Asia-Pacific countries, including Australia and Japan. South Korea is expected to be added once its acquisition of Gopax is completed.
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Crypto
Angle Protocol to phase out EURA and USDA stablecoins, focus on DeFi incentives platform
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Crypto
Nasdaq-listed CIMG to buy core assets of DeFi protocol iZumi Finance
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Crypto
Polygon launches Agent CLI AI tool to support wallet creation, fund management
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Crypto
Major public blockchains see inflation costs 7 to 25 times revenue
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Crypto
Stablecoin infrastructure startup Cyclops raises $8 million
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Crypto
Visa holds 72 percent share of crypto card trading volume; total $717.9 million
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Crypto
Ethereum staking queue hits post-PoS high as institutions stake instead of selling
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Industry
Robert Kiyosaki says war is devouring silver behind 17 percent rise
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AI & Enterprise
AI tool firms' survival rule: Sell autopilot, not copilot
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AI & Enterprise
AI overuse can overload brains, 'brain fry' warning
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Finance
Woori Financial holds Women Leaders Networking Day to strengthen diversity-based leadership
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Industry
MSIT to gather public opinions on fifth basic plan to foster science and technology talent
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AI & Enterprise
Science, interior ministries to support full-cycle AI transformation for government agencies
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Finance
KB Kookmin Bank cuts KB Saehuimangholssi II loan rates by 1 percentage point
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AI & Enterprise
AI really taking jobs? Anthropic says not yet