Day: August 6, 2025

SBI Group Unveils Plans for Japan’s First Bitcoin-XRP ETF

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Japanese financial giant SBI Holdings plans to launch the country’s first dual-asset cryptocurrency exchange-traded fund (ETF), offering exposure to both Bitcoin and XRP. In its earnings report Thursday, the company outlined plans for two crypto-based ETF products. The first product proposal combines gold and crypto asset ETFs bundled into a trust.  According to the company, this would allocate 51% into gold-based ETFs and 49% into crypto-asset ETFs, such as Bitcoin ETFs; this will be publicly offered as an investment trust in Japan. The second proposal combines two top cryptocurrencies, Bitcoin…

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Coinbase Earns A+ Rating From BBB

Key Notes Coinbase recently achieved an A+ rating with the Better Business Bureau. Brian Armstrong, the exchange’s CEO, attributed this success to the hard work put in by the exchange’s customer experience team. Despite its challenges, even on Base, Coinbase recommits to customer loyalty. Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, has acknowledged the firm’s recent performance rating. He pointed out that the customer experience team at the exchange has been working tirelessly to bring about such outstanding results. Coinbase Focuses on Customer Service and Support According to Armstrong,…

Bitcoin Traders Bet on Sub-$100K Slide: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise) As the crypto market reels under U.S. stagflation concerns, traders on the decentralized platform Polymarket are seeing a more than 50% chance of bitcoin (BTC) prices dropping into five figures before year-end. Shares in the Yes side of Polymarket’s “Will bitcoin dip below $100K before 2026” contract traded at 55 cents, implying a 55% probability. That pricing looks justified against the backdrop of recent economic data. “With both manufacturing and services ISMs now weaker than the most bearish forecasts, the market…

Bitcoin Price Crash To $100,000 Or Rally To $122,000? Analyst Shows Game Plan For BTC

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Crypto analyst Mark Cullen has laid out the game plan for the Bitcoin price amid the flagship crypto’s choppy price action. Based on his analysis, BTC could either crash to $100,000 or rally to $122,000, close to its current all-time high (ATH) of $123,000.  The Game Plan For The Bitcoin Price In an X post, Mark Cullen shared what he described as the ‘Bitcoin game plan.’ He noted that BTC is filling out the inefficient area between the two previous weekly ranges. The analyst further remarked that the next move…

Bitcoin Risks Mount Below $117K as Open Interest Stays Elevated

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Key takeaways: Bitcoin onchain metrics converge around $105,000, signaling a hidden risk zone. Elevated open interest keeps BTC’s market structure at risk of sudden volatility. Bitcoin (BTC) remains in a ranging environment on Wednesday, after a brief retest from the demand zone between $112,000-$113,000. At the moment, BTC is attempting to break above the descending resistance trendline, which could lead to a rally to Monday’s highs at $115,700. Bitcoin one-hour chart. Source: Cointelegraph/TradingView However, crypto analyst CryptoMe indicates a potential hidden risk zone for Bitcoin around the $105,000 level, an…

South Korea’s Top Online Bank to Enter Stablecoin Market

Key Notes KakaoBank is preparing to enter South Korea’s stablecoin market. The initiative involves leaders from KakaoBank, Kakao Pay, and Kakao. The bank reported strong H1 2025 earnings, with nearly 26 million users. KakaoBank, South Korea’s largest digital-only bank, is preparing to enter the stablecoin market. As per local media outlets, the bank is exploring both the issuance and custody of digital assets, signaling a pivot to blockchain-based financial services. Backed by the broader Kakao Group’s resources and infrastructure, KakaoBank’s stablecoin ambitions could ramp up the adoption of stablecoins in…

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