Justin Sun faces a fast-escalating legal and reputational fight in Hong Kong over how large pools of stablecoin reserves were handled. At a press conference on November 27, the founder of Tron and an adviser to Techteryx repeated claims of fraud against Hong Kong trust firm First Digital Trust. The comments came as Sun is
RLUSD recently surpassed $1 billion in supply on Ethereum, as the token gains regulatory approval in Abu Dhabi. Summary Ripple’s RLUSD stablecoin surpassed $1 billion on Ethereum The token grew to this level in less year since launch RLUSD recently secured regulatory approval in Abu Dhabi While the rest of the crypto markets are seeing
Key Takeaways Kalshi is facing a proposed class action lawsuit alleging illegal unlicensed sports betting and market manipulation. The complaint argues that Kalshi violated state gambling laws and engaged in deceptive or unfair business practices. Share this article A group of users has initiated a lawsuit against Kalshi, accusing the prediction market of running a
In crypto news today, traders are fixating on the Federal Reserve’s growing rate cut odds, the viral resurfacing of the Space Quest Bitcoin imagery, and ongoing accumulation moves from Tom Lee. The jump to an 85% probability for a December rate cut has become one of the biggest catalysts discussed across crypto news today, and
HYPE tests the $36 resistance after rebound; traders watch for a breakout toward $50 or a drop to $25 as key levels come into focus. Hyperliquid (HYPE) has recovered slightly after falling below the $30 mark last week. The token is now trading at around $36, showing a 2% gain in the past 24
South Africa isn’t the only country rethinking its central bank digital currency (CBDC) plans. Summary South Africa’s Reserve Bank is postponing a retail CBDCs, prioritizing payment system modernization and wholesale digital currency projects instead. Efforts target faster, more affordable digital services and connectivity improvements between financial institutions. The central bank warned of risks posed by
Key Takeaways The return of a positive premium indicates that US buyers are paying above global prices for Bitcoin. The shift suggests a revival in institutional accumulation following a prolonged negative phase. Share this article Coinbase Bitcoin Premium turned positive, indicating renewed buying activity from US-based institutions after an extended period of negative sentiment. The
On this quiet Friday, November 28, 2025, the crypto market is moving sideways after one of its toughest months of the year, leaving traders reassessing what could be the best crypto to buy now as conditions stabilise. .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container
Visa has just made it a lot easier for financial institutions in the Central and Eastern Europe, Middle East, and Africa (CEMEA) region to settle transactions using stablecoins. Summary Visa has expanded its stablecoin settlement capabilities in the CEMEA region through a partnership with Aquanow. The collaboration enables Visa’s network to settle transactions 365 days
Key Takeaways Bitcoin dominance has retreated to the 23.6 percent Fibonacci level after a steady multi week decline. Lower dominance levels often signal early stages of capital rotation into altcoins. Share this article Bitcoin dominance has dropped to the 23.6 Fibonacci retracement level, falling to 59% and continuing a decline that began in early November,