🔍 Market Summary

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South Korea’s NH NongHyup Bank pilots stablecoin-led tax refunds on Avalanche

South Korea’s NH NongHyup Bank pilots stablecoin-led tax refunds on Avalanche

NH NongHyup, one of South Korea's five largest banks, has initiated a proof-of-concept to digitize value-added tax (VAT) refunds for inbound tourists and validate a real-time settlement model using stablecoins.The PoC is held in collaboration with Avalanche, Fireblocks, Mastercard and Worldpay. This…

Bitcoin battles hot US PPI as trader warns crypto ‘positioned for lower’

Bitcoin battles hot US PPI as trader warns crypto ‘positioned for lower’

Bitcoin battled fresh US inflation pressures at the Feb. 13 Wall Street open as macroeconomic data disappointed bulls.Bitcoin sell pressure “not significant” despite hot PPIData from Cointelegraph Markets Pro and TradingView showed traders battling for control after the January Producer Price Index…

5 Million Strong: Active Ethereum Wallets Drive Strong Momentum

5 Million Strong: Active Ethereum Wallets Drive Strong Momentum

According to veteran trader Peter Brandt, Ethereum might have just seen its future looking brighter. Known for his technical forecasts, Brandt feels the altcoin is on the verge of a bullish turnaround. He’s identified an inverted Head and Shoulders formation on the daily chart of Ethereum. This is o…

Christian Encila