Crypto News

INJ trades at $12.96 (+3.19% in 24h) following successful Ethernia upgrade, but faces resistance at $16.35 amid mixed technical signals on daily charts. (Read More)Source link

Bitcoin's (BTC) volatility meltdown continues as the cryptocurrency remains stagnant, with slow price action between $110,000 and $120,000.The cryptocurrency's 30-day implied volatility, as represented by Volmex's BVIV index, fell to an annualized 36.5% late on Wednesday, reaching levels last seen in October 2023, when BTC was trading below $30,000, according to data source TradingView.The new multi-year low in implied volatility suggests that options traders are not yet rushing for hedges, despite U.S. economic data raising concerns about stagflation. The demand for options, which are contracts used to hedge against or profit from price swings, is a major driver of an asset's implied volatility.The same thing can be said about stocks, where the VIX index has reversed Friday's spike from 17...

India ramps up its crypto fraud crackdown with a $5 million asset attachment order tied to a fake Coinbase site that duped victims out of over $20 million. India Moves in on Assets After Coinbase Scam Leader Held in US India’s Directorate of Enforcement (ED) announced on Aug. 5 that it has issued a provisionalSource link

Seven Republican senators are urging the Commerce Department to investigate whether open-source models like DeepSeek’s R1 pose risks.Source link

Ripple’s move to launch a national trust bank is drawing fire for threatening to erode regulatory safeguards, destabilize the banking system, and blur core institutional boundaries. Ripple’s Bank Ambitions Collide With Legacy Finance The Independent Community Bankers of America (ICBA), which represents around 5,000 community banks across the country, has formally objected to Ripple Labs’Source link