Google Play Store Sets New Licensing Rules on Crypto Wallet Developers

Google Play’s will require crypto wallet providers in over 15 jurisdictions, including the United States and the European Union, to get licenses and comply with “industry standards” under an updated policy. According to Google Play’s policy notice, the changes take effect Oct. 29. Developers in the US will need to register with local regulators as either a money services business or money transmitter, while those in the EU must register as a crypto-asset service provider (CASP). In the US, companies registered with the Financial Crimes Enforcement Network (FinCEN) as money…

Ethereum Nears Its All-Time High Amid Retail Sell-Offs

Ethereum is closing in on a historic test, hovering just 6.4% below its all-time high of $4,891. Despite persistent sell-offs from retail traders, the asset’s upward momentum continues, signaling a potential breakthrough that could set the stage for new record levels. Retail Sentiment Misfires: Lessons From Past Greed And Corrections Santiment, a popular platform in on-chain and market analytics, recently highlighted in a post that Ethereum is now within striking distance of a historic milestone — just 6.4% away from its all-time high of $4,891 set on November 16, 2021. …

SOL Rally To $250 Needs More Than Margin Traders

Key takeaways: Solana’s onchain growth supports the current rally, but declining DEX market share signal cautious trader sentiment. SOL’s perpetual futures funding rate near neutral suggests limited bullish momentum. Solana’s native token, SOL (SOL), briefly touched $205 on Tuesday after an 18% rally in less than two days. The sharp move has fueled speculation on whether SOL can extend its gains toward the $250 mark in the near term. Traders are weighing network fundamentals and derivatives activity to determine if there is enough momentum to sustain the rally. SOL/USD (blue)…

Metaplanet Aims to Channel Japan’s Fixed Income Market Into a Bitcoin Growth Engine

Metaplanet Inc., Japan’s largest publicly traded bitcoin holder, is setting its sights on the country’s vast fixed-income market to supercharge its BTC treasury strategy. The firm, which controls 18,113 bitcoin, unveiled plans to issue perpetual preferred shares (Prefs) to bankroll fresh acquisitions, with the bold goal of amassing 210,000 BTC by 2027. Metaplanet Targets 210,000 […] Original

Altcoin Searches on Google Hit New Highs Amid ETF Filings, Treasury Moves

Google searches for “altcoin” have reached their highest level since 2021 and interest in “Ethereum” is at a two-year peak, according to Google Trends data. The surge comes alongside a flurry of crypto-related exchange-traded fund (ETF) activity and shifts in digital asset treasuries that may draw attention beyond Bitcoin. Google Trends has recorded similar surges before. In early 2018, “altcoins” spiked months after Bitcoin’s late-2017 peak, as retail attention turned toward a wave of new cryptocurrencies launched through initial coin offerings (ICOs).  In early 2021, the term “altcoin” reached some…

Ethereum Overtakes Netflix Valuation as ETH Price Approaches $4,890 All-Time High

Key Notes ETH’s average transaction size surged 430% from $2,555 to $15,845, indicating increased whale activity and retail participation. Technical analysis shows potential for $5,000 breakthrough if price closes above $4,758 Bollinger Band resistance level. Corporate treasury purchases from BitMine, Fundamental Global, and Sharplink Gaming fueled the recent price momentum surge. Ethereum ETH $4 724 24h volatility: 4.2% Market cap: $570.41 B Vol. 24h: $60.13 B market cap reached a record $570 billion on Wednesday, Aug. 13, overtaking mega-cap stocks including Netflix and Mastercard. At press time, Netflix sits at…

Could This Be the Start of a Mega Rally?

Solana (SOL) has exploded 12% in the past 24 hours, briefly touching the $200 mark, as a wave of institutional adoption and tokenization milestones supercharge its rally. Related Reading At the forefront is DeFi Development Corp (DDC), whose aggressive treasury strategy now holds over 1.3 million SOL worth nearly $250 million, earning $63,000 daily in staking rewards. The company’s 10% Annualized Organic Yield (AOY) and validator operations underscore Solana’s staking advantage over non-yielding assets like Bitcoin. In August alone, DDC added 4,500 SOL to its reserves, fueled in part by…

A16z Crypto And Advocacy Group Call For NFT, DeFi App Safe Harbor At SEC

Andreessen Horowitz (a16z) and the advocacy organization DeFi Education Fund have asked the US Securities and Exchange Commission (SEC) to set up a safe harbor program for non-fungible token (NFT) and decentralized finance (DeFi) applications from the agency’s broker-dealer registration requirements. In a Wednesday letter to SEC Commissioner and Crypto Task Force head Hester Peirce, a16z and the DeFi group said they were following up on US President Donald Trump’s Working Group on Digital Assets call to “provide relief for certain DeFi service providers from the broker-dealer […], exchange […],…

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