Bitcoin’s break above $82,000 and a return of strong institutional demand are prerequisites to confirm a trend change for BTC price. Bitcoin’s (BTC) Thursday rally to $82,000, buoyed by the Senate Banking Committee's advancement of the CLARITY Act, has stalled amid stiff overhead resistance and weakening ETF demand. Still, analysts said that BTC’s upward momentum may increase if key conditions are met. Key takeaways: Data from TradingView showed BTC tested overhead resistance at $82,000, which has rejected the price since last week. Read more
South Korea's FSC is preparing detailed rules for tokenized securities before a legal framework for blockchain-based securities takes effect in February 2027. South Korea’s Financial Services Commission (FSC) plans to release detailed tokenized securities rules in July as the country prepares to bring blockchain-based securities under its capital markets framework in 2027. The measures are expected to include a roadmap for tokenizing stocks, bonds and money market funds, possible changes to over-the-counter trading limits and rules allowing some fractional investment products to pool similar underlying assets, the FSC announced on Friday at the second meeting of its public-private tokenized securities council, which was launched in March to design issuance, trading, infrastructure and settlement rules before the framework takes effect in 2027. “The goal is to make an announcement in July,” said FSC Vice Chairman Kwon Dae-young, adding that the new rules will serve for the “institutionalization” of tokenized s...
Bitcoin traders split between a "massive catch-up" with stocks and the start of its "next downtrend" as BTC price action failed to flip $82,000 to support. Bitcoin (BTC) risks starting its “next downtrend” as bulls fail to break beyond $82,000, the latest analysis warns. Key points: Read more
THORChain paused trading after ZachXBT flagged a suspected $10 million exploit spanning Bitcoin, Ethereum, BNB Chain and Base. Decentralized liquidity protocol THORChain halted trading after blockchain investigator ZachXBT flagged a suspected exploit of more than $10 million. A THORChain alerts Telegram channel showed all trading and signing halted, with a global node pause extended until block 26191149, or roughly 12 hours and 42 minutes. The halt came shortly after ZachXBT said the protocol had likely been exploited across Bitcoin, Ethereum, BNB Chain and Base. A wallet labeled by Arkham as the THORChain exploiter showed $10.8 million in holdings, transferred across several smaller transactions in the 30 minutes before 10:11 am UTC. Read more
Fresh US ETF launches and Coinbase’s Hyperliquid deal helped fuel HYPE’s rally this week, but technicals warn of a possible pullback. HYPE, the native token of decentralized exchange Hyperliquid, jumped more than 23% in the past 24 hours, climbing toward $47 on Friday to hit its highest level since October 2025. HYPE/USDT daily chart. Source: TradingView Read more
OKX is reportedly seeking a 20% stake in South Korean crypto exchange Coinone as foreign and domestic firms compete for market access. Global crypto exchange OKX is reportedly in talks with Korea Investment & Securities to take a major stake in Coinone, marking the latest shakeup in South Korea’s tightly regulated crypto exchange market. According to a Friday report by Korean media outlet Yonhap, the two firms are discussing plans to each acquire around 20% of Coinone, mainly through the issuance of new shares rather than the sale of existing stock, a structure that would inject fresh capital while initially leaving management control largely unchanged. In early April, Korean media reported that Korea Investment & Securities was reviewing a possible acquisition of a stake in Coinone as part of a broader push into digital assets, and that no final decision had been made. Read more