Author: Benjamin Lee

The world’s second largest insurance broker is teaming up with the crypto exchange Coinbase and the Paypal USD (PYUSD) issuer Paxos to support stablecoin payments for insurance premiums. Aon plc says that it successfully demonstrated a proof of concept for insurance premium payment using dollar-backed stablecoins. The firm says it worked with Coinbase and Paxos to settle premium payments for their respective insurance programs. The transactions were executed across several blockchain networks including USDC on Ethereum and PYUSD on Solana.  Aon’s financial services group CEO Tim Fletcher says the insurance giant is the first mover in accepting stablecoins to settle…

Legal injunction halts South Korean delistings of FLOW cryptocurrency. Altcoin rotation supports FLOW’s surge, outperforming broader crypto markets. Momentum indicators show FLOW in the overbought region, hinting at a possible pullback. FLOW, the native token of the Flow blockchain, has seen a dramatic surge today, climbing over 53% in just 24 hours. The jump comes despite recent announcements that major South Korean exchanges, including Upbit and Bithumb, planned to delist the token. At first glance, delisting news might seem like a bearish trigger, but in FLOW’s case, the market response has been the opposite. Here’s why the FLOW price is…

Institutional investors just bought an overall total of $619 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares. The outflows came despite significant late-week outflows. Crypto products saw $1.44 billion in inflows during the first three days, then $829 million flowed out on Thursday and Friday amid market volatility tied to rising oil prices. Bitcoin led the gains with $521 million in inflows, while Ethereum drew $88.5 million. Solana added $14.6 million. Smaller inflows went to Uniswap and Chainlink at $1.4 million each. XRP was the outlier, with $30.3 million in outflows. Short-Bitcoin…

DEXE price is up amid a volume spike and broader crypto resilience. Bitcoin, Ethereum, and Solana are all holding onto gains despite the Iran war. DeXe has hit the $4.70 mark and could eye an extended rally to $9.00. DeXe, the governance token for the DeXe Protocol, has surged to its highest level in three months after a robust 22% spike in the past 24 hours. The DEXE token, which traded among the top gainers early Monday alongside Chilliz, Bittensor, and Pi Network, has surged by more than $112% in the past month to trade at prices last seen in…

OKX’s AI toolkit launch has not lifted market sentiment. OKB token price remains range-bound with neutral momentum. The key OKB price levels are the support at $72 and the resistance at $82. OKB token remains under pressure despite OKX crypto exchange unveiling an upgrade to its OnchainOS infrastructure that introduces an AI toolkit built for developers. The new system is designed to help autonomous agents interact directly with blockchain networks. This will allow developers to plug AI models into wallet functions, trading routes, and market data feeds without building everything from scratch. While the move aims at making OKX the…

Institutional investors just bought an overall total of $1 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The inflows mark a reversal from a five-week streak of outflows totaling $4 billion. Bitcoin dominated the buying, drawing $881 million. Ethereum followed with $117 million in inflows, marking its strongest week since mid-January. Among altcoins, Solana led with $53.8 million. The rebound was broad-based geographically. The US accounted for the bulk at $957 million, Canada saw $34.1 million, Germany $31.7 million and Switzerland $28.4 million. CoinShares attributes the shift to recent price weakness and…

Traders betting on a Bitcoin and crypto bounce are getting wrecked to start the week. Bitcoin dropped from a 24-hour high of $67,695 to as low as $63,962, triggering a total of $616.41 million in liquidations, according to CoinGlass. The vast majority of the liquidations hit traders going long, coming in at $524.28 million. BTC has recorded five consecutive red monthly candles, marking one of the longest losing streaks in Bitcoin’s history. Today’s plunge follows a broader market pullback, as markets assess the impact of the Supreme Court’s ruling against Trump’s tariffs. Zooming out, crypto analyst Michaël van de Poppe…

Internet Computer token ICP traded to highs of $2.58 to extend its uptick. Gains came amid a notable spike in volume as crypto prices bounced higher. ICP could target $4.00 or higher, though risks of a sharp pullback remain. Internet Computer (ICP) price has retested the pivotal supply zone above $2.50 as bulls edge higher from the seven-day low near $2. The retest occurs amid broader recovery efforts across the cryptocurrency market, with ICP among the top altcoin gainers on the day. With prices up 9% in the past 24 hours, and volume up 93% to over $125 million, it’s…

Centrifuge price exploded by more than 180% to hit highs of $0.25. The sharp rise followed as news of CFG trading going live on Upbit. Profit-taking threatens to wipe out all the intraday gains as the price hovers near $0.16. Centrifuge (CFG) has surged dramatically in the past 24 hours, posting gains of over 180% amid excitement over its listing on South Korea’s largest crypto exchange, Upbit. Notably, the rally aligns with broader market gains, as Bitcoin climbed about 7% to near $70,000 before settling around $68k as of writing. Several top altcoins also posted positive moves, including Ethereum’s uptick…

Terraform lawsuit vs Jane Street puts Terra Classic (LUNC) in focus. Terra Classic (LUNC) shows technical resilience, eyeing $0.00003925 short-term. 2026 price range is expected to be between $0.0000242 and $0.000510. The price of Terra Classic (LUNC) has been under the spotlight as legal tensions surrounding its parent company, Terraform Labs, continue to unfold. Investors are watching closely after news emerged that the administrator overseeing the wind-down of Terraform Labs has sued trading firm Jane Street.  The lawsuit alleges the trading firm used non-public information from Terraform insiders to profit ahead of the collapse of TerraUSD in May 2022. This…