Author: Benjamin Lee
Katana (KAT) gains momentum from Upbit and Bithumb listings with KRW pairs. Katana Perps launch adds derivatives and deeper market utility. Traders should watch the support at $0.014 and the immediate resistance at $0.016. Katana (KAT), the native token of the Katana Network, has seen an extraordinary 53% price surge today, largely fueled by major cryptocurrency exchange listings. Upbit and Bithumb, two of South Korea’s largest cryptocurrency exchanges, have added KAT, opening up direct KRW trading pairs for the token. These listings have given Katana greater visibility in a market known for active retail participation. South Korean investors often respond…
The crypto giant Coinbase just added a little-known crypto asset to its listing roadmap. The exchange says it’s preparing to add Perle (PRL) to its platform for spot trading. Perle (PRL) is the native token of the Perle ecosystem, issued and governed by the non-profit Perle Foundation. Perle Labs is a Solana-based web3 AI platform that connects verified domain experts with enterprises and research teams to create high-quality, on-chain verifiable data for training AI models. The PRL token is designed for governance, staking to receive priority access, rewarding expert contributors for data annotation and validation tasks, and powering payments within…
Tether has engaged a Big Four accounting firm to conduct a massive independent financial audit. The company says the audit will cover reserves backing its USDT stablecoin, which holds a market capitalization of more than $184 billion and serves over 550 million users worldwide. Tether describes the review as one of the largest inaugural audits in the history of financial markets. It will examine a complex mix of digital assets, traditional reserves, and tokenized liabilities, along with internal controls, financial reporting and overall operations. Says Tether CEO Paolo Ardoino, “Tether’s mission has always been to build trust through action, not promises.…
BlackRock CEO Larry Fink is outlining a sweeping vision for the future of financial markets. In his latest annual letter, Fink emphasizes long-term investing, broader market participation and the transformative potential of tokenization. He frames today’s economic environment as one defined by rapid change and uncertainty, with digital wallets and tokenized assets offering the potential for powerful change. “Half the world’s population carries a digital wallet on their phone. Imagine if that same digital wallet could also let you invest in a broad mix of companies for the long term—as easily as sending a payment. Tokenization could help accelerate that…
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…