Author: Token Flash
Russia’s communications watchdog Roskomnadzor has blocked access to the country’s largest crypto aggregator platform. The Russian telecoms watchdog Roskomnadzor has blocked access to BestChange, one of the largest crypto over-the-counter aggregators in Eastern Europe and Russia. As of press time, the regulator hasn’t explained the reason, though the website is on the list of blocked platforms. BestChange shown in the list of banned websites | Source: Roskomnadzor A spokesperson for BestChange said the platform’s lawyers “already working on unblocking [access to] the website,” though they did not disclose the reason behind the ban. Founded in 2007, BestChange is one of…
The University of Austin will establish a Bitcoin investment fund to explore the long-term potential of digital assets within its endowment strategy. According to a Financial Times report, the 142-year-old University of Austin is raising a $5 million Bitcoin fund as part of its $200 million endowment, making it the first U.S. university endowment to launch a dedicated Bitcoin fund. An endowment is a pool of donated funds that a university invests to generate returns over time. The additional revenue is typically used to support operational costs, scholarships, and research, among other use cases. The University of Austin’s Bitcoin fund…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI’s $15.3m presale fuels speculation that it could be the next SHIB-level breakout in the crypto market. Shiba Inu (SHIB) became a crypto sensation with one of the most explosive rallies in history, turning early investors into millionaires. Its meteoric rise was fueled by community-driven hype, strategic listings, and a growing use case. While replicating such success is rare, the crypto market is always searching for the next big breakout. Now, investors are watching Lightchain AI, a project…
Despite a $500 million influx into spot Ethereum ETFs, the second-largest crypto by market cap continues to struggle with little price movement. Ethereum’s (ETH) price is still stuck, even with spot exchange-traded fund investments rolling in. Despite ETH retracing most of its gains from the Trump election rally in November 2024, demand from long-term investors appears to be increasing, analysts at Matrixport say, pointing to increased ETH purchases by members of the World Financial Liberty, a decentralized finance group tied to President Donald Trump. As crypto.news mentioned before, World Liberty Financial plans to create a “strategic reserve” with altcoins they’ve…
Binance Smart Chain has surpassed 500 million unique active addresses, coinciding with the frenzy surrounding the launch of its test TST meme coin. In a historic milestone, Binance Smart Chain has surpassed 500 million unique active addresses, according to a recent X post by Whale Insider. This achievement comes at the heels of the launch of TST meme coin, a test token launched by the BNB Chain team for a tutorial video on how to create a meme coin on the Four.Meme launchpad platform on BNB Chain. Initially intended only for educational purposes, TST unexpectedly took on a life of…
South Korea should introduce cryptocurrency exchange-traded funds to stay competitive in global finance, according to the chairman of the Korea Exchange (KRX). In a recent interview in Seoul, chairman Jung Eun-bo stressed that with South Korea being the “third-largest real cryptocurrency trading country,” delaying crypto ETFs could leave it trailing behind global markets that are already moving ahead. He pointed to the United States, where both futures and spot Bitcoin ETFs are “available and actively traded,” as an example of how other markets are embracing the shift. Jung added that crypto ETFs could bring fresh opportunities to the country’s financial…
One bitcoin (BTC) holder metric is pointing to price growth in the months ahead even as activity on the blockchain falls to its lowest in a year, a CryptoQuant analysis noted this week.The firm’s Bitcoin Network Activity Index has been down 15% since November 2024’s record high and stands at 3,760 as of Friday morning, its lowest level since February 2024. The index is a cumulative measure of active addresses, number of transactions, block size and fees among other bitcoin metrics to indicate growth or a drop in Bitcoin usage.A drop in activity was marked by a sharp decline in…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market’s accumulation phase is setting the stage for major altcoin rebounds, with Wall Street Pepe, Solaxy, and Pepeto emerging as top contenders. The crypto market is in a crucial accumulation phase, creating the ideal setup for major altcoin rebounds and explosive pre-sale opportunities. With every market correction, strong projects emerge, especially with increasing institutional adoption and growing political backing, such as Donald Trump’s pro-crypto stance. As the next bull run gears up, the question is: which projects…
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR).In a recent Schedule 13G filing, BlackRock (BLK) disclosed that it now owns 5% of Strategy (MSTR), equivalent to approximately 11.2 million shares. This marks a 0.91% increase from its previous 4.09% ownership as of September 30, 2024, according to Yahoo Finance. A Schedule 13G is filed when an investor acquires more than 5% of a publicly traded company’s stock but does not intend to influence or control the company. Institutional investors must file within 45 days after year-end or within 10 days if ownership exceeds 10%.Since BlackRock’s filing…
Japan’s financial watchdog has begun closed-door discussions on revising crypto regulations, including their potential classification as securities. Japan‘s Financial Services Agency is considering classifying cryptocurrencies as financial products similar to securities, Yahoo Japan reports, citing Japanese news outlets. The agency has begun closed-door discussions with experts to review existing regulations. The FSA reportedly plans to announce a policy direction by June. It will then seek opinions from the Financial System Council, which will meet in the fall. A legal amendment could be submitted in 2026, though exact timeframe remains to be seen. If cryptocurrencies are treated as securities, it might…