Tag: Token

Thai SEC Seeks to Update Rules for Utility Token Issuance

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Thailand’s Securities and Exchange Commission (SEC) has opened a period of consultation for feedback on rules that would allow exchanges or individuals connected to an exchange to issue utility tokens, according to a Friday statement. Under the proposed rules, exchanges would have to disclose the names of anyone associated with the token issuers, which would assist the SEC in monitoring for signs of insider trading. The plan is part of Thailand’s efforts to establish a regulatory framework for the crypto industry. The country announced in May plans to allow tourists…

Official TRUMP Token Breaches 15-Day Double-Top Resistance as Trump Cuts Crypto Stakes

Key Notes TRUMP token rises 1% to retake $9.32 as Trump cuts stake in WLFI to 40%. Early price reactions suggest the market interprets the move as a de-risking signal following Senate scrutiny. With VWAP trending above current price confirmed close above $9.32 double-top may spark bullish continuation. The official TRUMP token rose 1% on Thursday, June 19, reclaiming the $9.32 level after briefly slipping into a six-day downtrend. The price recovery coincides with new disclosures showing that Donald Trump-backed DT Marks DEFI LLC now owns about 40% of crypto investment…

SPK Token Crashes Over 70% After Launch as Airdrop Recipients Trigger Selloff

Key Notes SPK lost over 70% in value within hours of its June 17 listing. Over 300 million tokens were sold quickly by airdrop recipients. Spark holds $8 billion in TVL but faces questions on tokenomics. SPK, the native token of Spark, plummeted over 70% within hours of its June 17 debut on exchanges such as Binance, KuCoin, Bybit, and Bitget. After opening near $0.177, the token fell sharply to around $0.050 as airdrop recipients rapidly offloaded holdings. The drop erased more than $120 million in market value and raised…

Kraken-Backed Ink Foundation to Issue INK Token, Starting With Aave-Powered Liquidity Protocol

Shaurya is the Co-Leader of the CryptoX tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook…

Token Gains 7% as Purpose’s Spot ETF Set to Launch in Canada

Asset manager Purpose Investments is set to launch a spot XRP exchange-traded fund (ETF) in Canada this week after obtaining regulatory approval, giving investors a way to gain exposure to the fourth-largest cryptocurrency by market capitalization through traditional investment accounts. The ETF will start trading on the Toronto Stock Exchange on Wednesday, June 18, under the XRPP ticker, according to a Monday press release. The move comes after the Ontario Securities Commission (OSC) granted final prospectus receipt for the investment vehicle, the company said. XRP was up nearly 7% over…

Crypto Exchange WhiteBIT’s Token Jumps 30% Over Juventus Partnership

The price of cryptocurrency exchange WhiteBIT’s token, WhiteBIT Coin , climbed more than 30% in the last 24 hours after the exchange announced a high-profile partnership with Italian football club Juventus. Under a new three-year deal, WhiteBIT became the “official cryptocurrency exchange” and “official sleeve partner” of Juventus, according to a press release. Starting with the FIFA Club World Cup in 2025, the exchange’s logo will be featured on the right sleeve of the club’s Men’s First Team jersey. The exchange described the agreement as a strategic collaboration focused on…

Token Unlock Strategies Used by Top Crypto VCs

Key takeaways Token unlocks release previously locked tokens into circulation, often leading to increased volatility and price drops. Vesting schedules (cliff + linear release) aim to align early stakeholders’ incentives with long-term project success. VCs use advanced strategies such as OTC deals, staggered sales and derivatives to exit profitably and avoid crashing the market. Market timing, sentiment and token allocation size influence when and how VCs sell their unlocked tokens. Token unlocks are pivotal moments in the crypto market, often causing significant price volatility.  For retail investors, they can feel…

Polyhedra’s Token Tanks 83% After Abnormal Trades

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Polyhedra Network (ZKJ) plunged 83% on Sunday after a series of “abnormal on-chain transactions” involving the ZKJ/KOGE (KOGE) trading pair — a collapse Binance said was triggered by a sudden liquidity crunch. “Today’s price drop was caused by a series of abnormal on-chain transactions within a very short period on the ZKJ/KOGE trading pair,” Polyhedra posted to X on June 15 after ZKJ’s market cap fell nearly $500 million in nine hours, while another tracker shows the plunge happened in less than two. Binance said the collapse of ZKJ and…

6 Fundamentalnych Zmian w Ethereum – Adopcja ETH Przyśpiesza!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 📕 Odbierz Ebooka z 10 Lekcjami z Rynku Kryptowalut: 🎯 Dowiedz się, jak znaleźć najbardziej perspektywiczne projekty O Krok Przed Rynkiem 👨‍💻 MOJE SOCIAL MEDIA: ▸ ▸ 🎤 PODCAST: ▸ ▸ ▸ 🎯 DOŁĄCZ DO GRUPY TELEGRAMOWEJ Ogłoszenia: WAŻNE! Każdy materiał opublikowany na kanale “Jarzombek” oraz w grupie telegramowej do której dostęp znajdziecie powyżej, jest tylko i wyłącznie moją opinią. Dzielę się z Wami moimi przemyśleniami, analizami i wieloletnim doświadczeniem na rynku kryptowalut, ale nie zachęcam do inwestowania, które wiąże się z…