Day: August 19, 2025

LATAM Crypto Exchange Flows Surge 9x to $27B as Bitso Dominates Market

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Latin America’s (LATAM) centralized crypto exchanges grew from niche platforms into critical financial infrastructure in three years, with flows increasing ninefold, according to new research. Dune Research’s LATAM Report revealed that 2021 annual crypto exchange flows in the region totaled $3 billion. In 2024, the total exchange flows for LATAM reached $27 billion, up by 800%, signaling strong regional digital asset growth.  In its early years, LATAM crypto activity was modest by global standards. Still, a fragmented ecosystem of small brokers and over-the-counter (OTC) desks grew into integrated exchanges serving…

Crypto Braces For Impact As JPow’s Jackson Hole Speech Looms

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The crypto market slid into the week in a holding pattern, with price action grinding sideways and positioning increasingly tethered to one catalyst: Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Policy Symposium.…

Dutch Bitcoin treasury company Amdax eyes 1% of total BTC supply

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Bitcoin treasuries are gaining traction as a long-term reserve assets seek gain exposure to crypto across the globe, and Amsterdam-based crypto firm Amdax is looking to join the wave. Summary Dutch crypto company Amdax announces plans to launch a Bitcoin treasury company. AMBTS aims to hold 1% of the total Bitcoin supply. Global corporate Bitcoin holdings have grown significantly in recent months. Dutch cryptocurrency service provider Amdax has announced plans to launch a Bitcoin (BTC) treasury company with a stated set of lofty ambitions to control 1% of total BTC…

Onyxcoin (XCN) Up 10%: Analyst Predicts 1,200% Upside

Key Notes Onyxcoin (XCN) surged 9.44% in 24 hours, with trading volume spiking over 200%. The token still trades 92.78% below its all-time high despite a 1,000% yearly gain. The new Onyx Smart Wallet offers a multichain, gas-free experience on ETH, BNB, and Base. Onyxcoin XCN $0.0133 24h volatility: 8.3% Market cap: $462.09 M Vol. 24h: $75.84 M extended its summer comeback with a sharp 24-hour jump, leading to speculations about how far this cycle can run. A prominent trader argues that the rally is still in its early innings,…

South Korean Regulator Orders Crypto Exchanges to Halt Lending Services – SuperCryptoNews

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South Korea’s top financial regulator has ordered all local digital asset exchanges to temporarily suspend their cryptocurrency lending services, citing a lack of clear regulations and high risk to investors. The Financial Services Commission (FSC) issued the administrative guidance to exchanges today, effectively halting new crypto lending operations until the government establishes a proper regulatory framework. This action comes after a rapid rise in such services, with exchanges like Upbit and Bithumb launching lending products in early July. These services, which allowed users to borrow cryptocurrencies or Korean won against…

Chamath Palihapitiya Launches DeFi and AI SPAC

Key Notes An early Bitcoin investor has filed to raise $250 million in a blank-check company, “American Exceptionalism Acquisition Corp A”. The company will go live on the NYSE under the ticker AEXA and focus on AI and DeFi. Social Capital managing partner Steven Trieu will lead the SPAC as CEO while Palihapitiya serves as chairman. Chamath Palihapitiya, a billionaire and an early Bitcoin BTC $115 534 24h volatility: 0.4% Market cap: $2.30 T Vol. 24h: $37.33 B investor, has filed with the appropriate authorities to raise $250 million in…

Wyoming Launches First State-Issued Stablecoin FRNT

The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, announced the mainnet launch of the Frontier Stable Token (FRNT) stablecoin. The FRNT stablecoin is a fully-collateralized digital token backed by short-duration US Treasury bills and US dollars, with a statutorily mandated 102% reserve requirement, the commission said in an announcement on Tuesday. According to CryptoAmerica host Eleanor Terrett, the FRNT is now live on seven blockchains, including Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism and Base. “However, due to lingering regulatory hurdles, the token…

$2 Billion In Losses Is Waiting For Traders At This Level

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Up to $2 billion in long positions face liquidation amid this Ethereum price crash. These positions would get liquidated if ETH drops to $4,200. Meanwhile, the ongoing wave of sell-offs puts the largest altcoin by market cap at risk of dropping to this level.  $2 Billion In Liquidations On The Horizon Amid Ethereum Price Crash Coinglass data shows that $2 billion in ETH long positions are at risk of being wiped out on exchanges if the Ethereum price drops to $4,200. The liquidation heatmap shows that there is a massive…