Shiba Inu gained a larger-than-life fan following after its stellar 85,000,000% (85 million percent) surge in 2020-21. SHIB boasted a sea of fanfare with the community brimming with optimism after the price rise. It added millions of new and first-time investors into its fold, while traders found a new alternative token to Dogecoin.The investments came from all over the world, including developed, developing, and underdeveloped nations. Traders from these countries wanted to taste its success and took an entry position, hoping to turn millionaires. While some early investors did make millions, the others sold early and jumped ship. The latecomers…
Author: cryphedge
The week in Asian crypto was not about any single protocol or token. It was about governments moving pieces on the board. A state mining pool in Oman, a central bank rate hike in Japan, a stablecoin whitelist plan from Moscow, a fresh alert in Singapore, and new warnings from Chinese officials created a picture of sovereign action that ran from energy infrastructure to monetary policy to financial surveillance. These updates surfaced in the latest weekly roundup from WuBlockchain, and while each headline can be read in isolation, together they point to a regulatory and institutional scramble across the region.…
Ripple’s native token, XRP, has corrected by close to 45% over the past year and shed all the gains it generated in 2024-25. After reaching an all-time high of $3.65 in July last year, the leading altcoin is now close to plunging below the $1 mark. Its price is hovering around the $1.14 range with little to no price spurts this quarter.Now that the steep correction phase is testing investors’ patience, the failure to see a bounce-back would lead to fewer investments. This could lead to further downside, making XRP stand a chance to fall below $1. On the heels…
The SeerDEX presale opened at $0.00050. The price has climbed every stage since. TGE is planned for the next roadmap phase. Once it starts, presale pricing is over. Polymarket, the prediction market category’s biggest name by volume, still has no token available to buy; its TGE is Q4 2026. For investors weighing the best crypto presale opportunity in prediction markets before exchange listings open, the window is this one. How much of the arc remains depends on when you enter.Polymarket’s Q4 TGE Is the Deadline That Defines This TradePolymarket handles billions in monthly volume but has no tradeable token. That…
AllUnity launched SEKAU on June 19, giving Europe a Swedish krona stablecoin under MiCA while dollar tokens still define most on-chain payments. The SEKAU stablecoin is live on Ethereum, Solana, Base, Tempo, and Polygon.The launch raises the question of usage. SEKAU can be compliant, fully reserved, and multi-chain, while still needing banks, market makers, treasury teams, tokenized-asset platforms, and payment companies to prove that SEK liquidity belongs on public chains.AllUnity said SEKAU is the first fully reserved and MiCA-compliant Swedish krona-backed stablecoin. The token is positioned as an E-Money Token, redeemable 1:1 against SEK and backed by segregated reserves.Its launch…
Franklin Templeton filed proposals with the U.S. Securities and Exchange Commission (SEC) on June 18 to launch two ETFs that combine U.S. equities with Bitcoin exposure. The two funds plan to use dividends from the underlying index stocks to increase their Bitcoin exposure, rather than reinvesting those dividends in the equities. The filings show that the funds could become effective as early as September 1, though a trading start date has not been confirmed.How the Bitcoin DRIP ETFs Work“DRIP” stands for dividend reinvestment plan, a mechanism that uses dividends to buy additional shares rather than receive cash. With Franklin Templeton’s…
Calais Digital Assets has turned UBS uMINT collateral into a live trading workflow on Bybit, giving tokenized money-market funds a concrete margin use case rather than another issuance milestone.The setup runs across Bybit, ByCustody, and DigiFT, with the uMINT position remaining in custody while it is recognized as exchange collateral.The June 18 deployment is important because collateral that would typically sit as idle cash or cash equivalent can still earn money-market yield while supporting trading activity.For tokenized real-world assets, that shifts the discussion from issuance volume to market plumbing. The question is whether these instruments can become useful enough to…
The banking group, ICBA, is asking the Federal Reserve Bank of Kansas City to turn Kraken’s Fed account into an active renewal test before the initial one-year term expires.In a June 18 letter, the community-bank trade group urged the Kansas City Fed to immediately review whether Kraken Financial’s limited-purpose account remains consistent with the Fed’s account-access guidelines and to consider further restrictions, suspension, non-renewal, or termination if warranted.The request changes the tone around a limited-purpose Fed account that Kraken had framed in March as a direct-settlement milestone for crypto.The Kansas City Fed approved Wyoming-based Payward Financial, dba Kraken Financial, for…
Europe’s MiCA deadline is turning access and infrastructure into the same question: which crypto apps remain available, and who controls the rails underneath them?BitGo Europe GmbH announced a partnership with Bielik.io, a Warsaw-based crypto trading platform, to support regulated trading access across the EEA by integrating BitGo Europe’s Crypto-as-a-Service infrastructure.Through that integration, eligible Bielik.io users are expected to access deposits, supported digital asset trading, and custody via Bielik’s mobile app, while BitGo Europe provides the regulated infrastructure beneath.The deal is small enough to look like a normal platform partnership. It is also specific enough to show one route smaller European…
Crypto perps now have a US regulatory opening, but the next fight is over what those products legally are.The Commodity Futures Trading Commission and Securities and Exchange Commission opened the process June 18, seeking public comment on how to further define swaps, security-based swaps, mixed swaps, novel products, event contracts, and possible alternative compliance approaches.That now makes SEC-CFTC product definitions a market-structure issue that extends beyond a single listing and puts Kalshi’s Bitcoin perp approval at the center of a wider question over how US regulators classify crypto-native derivatives.The label matters because it can decide whether a product reaches US traders…
