Kelvin Maina is a professional crypto and Forex technical analyst with a Bachelor’s degree in Computer Science and experience in the industry since 2017. He has authored several crypto white papers and supported multiple cryptocurrency launches through marketing and technical writing expertise.
Market News
Australia’s financial intelligence agency has issued a direct warning to cryptocurrency ATM operators, citing rising concerns over scam-linked transactions and money laundering. The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced Monday that it has placed the sector “on notice” following the findings of a dedicated crypto taskforce. AUSTRAC CEO Brendan Thomas said the internal
Latest News
Japan’s top financial regulator is preparing to reclassify cryptocurrencies as financial products, a move that could reshape the country’s regulatory approach to digital assets. The Financial Services Agency (FSA) will seek to amend the Financial Instruments and Exchange Act as early as 2026, according to the Nikkei business daily. The proposed changes would place cryptocurrencies
Market News
Sonic Labs has abandoned its plan to launch a US dollar-pegged algorithmic stablecoin just one week after revealing the project publicly. The company will instead develop a mathematically bound digital currency tied to the United Arab Emirates dirham, aligning with the UAE’s central bank digital currency (CBDC) rollout scheduled for late 2025. “We will no
Market News
MicroStrategy shares plunged 11 percent on Thursday, closing at $289.41 — a drop of more than $35 in a single trading day. The sharp decline raised concerns among investors about the strength of Bitcoin, the company’s core asset, which remained stable just above $83,000. The software company, known for its massive Bitcoin holdings, experienced a
Latest News
Ethereum, once hailed as the foundation of a decentralized digital future, is rapidly losing momentum in a crypto market reshaped by Donald Trump’s embrace of blockchain technology. The value of Ether has dropped 44% in 2025, putting it on track for its worst quarterly performance since 2022. Bitcoin is up 30% in the same period,
Latest News
Ether’s value against Bitcoin has dropped to its lowest point in nearly five years, triggering sharp criticism from some investors who now consider the cryptocurrency a “completely dead” investment. At press time, the ETH/BTC ratio stood at 0.02260, according to TradingView, reflecting Ether’s deepening slide in relative strength. Ether is also trading at $1,894 —
Market News
FTX, the collapsed cryptocurrency firm, will begin distributing $11.4 billion to its main creditors starting May 30, bankruptcy attorney Andrew Dietderich told U.S. Bankruptcy Judge Karen Owens in Wilmington, Delaware. The long-awaited payout follows FTX’s 2022 implosion, which left investors and institutions with millions in losses. The company has already started paying holders of “convenience
Market News
LY Corporation, the parent of Japan’s leading messaging app Line, has denied reports of a business partnership with Soneium, a Sony-affiliated blockchain network, despite recent claims by Soneium that suggested otherwise. The company issued a public statement on March 28 dismissing the notion of any formal collaboration. “These reports were based on an announcement made
Market News
Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list Grayscale Investments’ spot Avalanche exchange-traded fund, seeking approval to convert the Grayscale Avalanche Trust into a publicly traded ETF. The filing, submitted on March 27, requests a rule change to list the trust, originally launched in August 2024 as a close-ended fund.
Latest News
In a move backed by Hong Kong regulators, HashKey Group and Bosera Asset Management will launch what they describe as the world’s first tokenized money market exchange-traded funds in April. The new class of tokenized shares will be added to Bosera’s existing HKD and USD Money Market ETFs, both of which have received approval from
Latest News
The Sei Foundation is exploring an acquisition of 23andMe, one day after the genetic testing company received court approval to pursue a sale of its assets. The nonprofit, which supports the Sei blockchain, described the move as its “boldest DeSci bet yet.” The foundation cited “user data sovereignty” as a national security concern in a
Market News
Paul Atkins, President Donald Trump’s nominee to lead the Securities and Exchange Commission, pledged on Thursday to overhaul the agency’s approach to digital assets, signaling a sharp break from the enforcement-driven strategy pursued under former Chair Gary Gensler. In prepared testimony for his confirmation hearing before the Senate Committee on Banking, Housing, and Urban Affairs,
