11 Aug 2025, 23:30

Bithumb to Scale Back Crypto Lending Services After Regulatory Pressure

The crypto exchange Bithumb has made “significant reductions” to the scale of its crypto lending services amid ongoing concerns from financial regulators. Per the South Korean newspaper Kookmin Ilbo , the trading platform has reduced its leverage ratio from x4 to x2. It has also slashed its maximum lending cap by 80% from 1 billion won ($718,298) to just 200 million won ($1,436). The move represents a major climbdown for Bithumb, which only launched the services in July. S. Korean retail investors shift from U.S. big tech to crypto-related stocks: report https://t.co/Q1II4Ky8i8 — Yonhap News Agency (@YonhapNews) August 11, 2025 Bithumb Crypto Lending Rethink Bithumb was also forced to temporarily suspend crypto lending on July 29, claiming this was due to “insufficient lending volume.” It resumed the service on August 8. But Kookmin Ilbo quoted a Bithumb spokesperson as saying: “After a comprehensive review of the entire service, we have made some adjustments to protect investors and improve the quality of our services.” The exchange added that the new terms would also apply to “qualified investors” (those with a cumulative trading volume of over 100 billion won over the past three years). Bithumb did not mention regulatory pressure. But the media outlet agreed that the “move appears to reflect criticism from financial authorities, who claim it is offering excessive leverage in the absence of a clear legal framework.” Trading volumes on the Bithumb crypto exchange over the past 14 days. (Source: CoinGecko) Regulators Set to Release Guidelines The Bithumb move follows a hastily arranged meeting late last month of all five fiat-trading crypto exchanges at the behest of the Financial Services Commission (FSC) and Financial Supervisory Service (FSS) . The regulators voiced concerns about leverage-associated risks. They also expressed concerns about a lack of comprehensive investor protection protocols. They complained that some services “offer excessive leverage to users.” The FSC and the FSS agreed that some platform users lack understanding about crypto lending. Bithumb reportedly responded by rethinking its operating limits during the service’s downtime. Rival platforms also appear to be scaling back their own offerings. Upbit has announced it will exclude Tether (USDT) from its new crypto lending services. Kookmin Ilbo added that unnamed industry sources predict that the FSC and FSS will release a set of comprehensive guidelines for crypto lending “as early as the end of the month.” The sources suggested that the regulatory framework would likely reflect many of the protocols used to police leveraged investments in the South Korean stock market. Bithumb initially said it would be providing lending services on 10 cryptoassets including Bitcoin (BTC) . The post Bithumb to Scale Back Crypto Lending Services After Regulatory Pressure appeared first on Cryptonews .

11 Aug 2025, 23:23

SharpLink Gaming Aims to Expand Ethereum Treasury Above $3 Billion with New Stock Sale

SharpLink Gaming is raising $400 million to expand its Ethereum treasury, aiming to exceed $3 billion in total ETH holdings, reflecting investor confidence in Ethereum’s potential. SharpLink’s stock fluctuated, ending

11 Aug 2025, 23:21

Bitcoin miner MARA to acquire majority stake in Exaion in AI, HPC play

MARA Holding’s expansion into AI and high-performance computing is expected to close in Q4, and comes amid a steep rise in Bitcoin mining difficulty.

11 Aug 2025, 23:16

Stellar Price Prediction: 100% Move in Sight After XLM Breaks Out of Bullish Flag

The Stellar price has rallied in the past 24 hours, rising to $0.4563 after Bitcoin (BTC) threatened to pass its all-time high of $122,000 overnight. XLM is now up by 9% in a week and by 20% in a month, with the altcoin – the 16th-biggest token in the market – also boasting an impressive 340% increase in the past year. Yet such gains may be only the beginning, since the token has just broken out of a bullish flag, suggesting that it may continue rallying over the coming weeks, if not longer. And with Stellar’s fundamentals as a platform continue to improve steadily, the long-term Stellar price prediction looks very healthy. Stellar Price Prediction: 100% Move in Sight After XLM Breaks Out of Bullish Flag It’s actually not the first time the Stellar price has broken out of a bullish flag in recent weeks, with the coin moving above a seven-month flag at the beginning of July. This marked the opening of a new medium- and long-term upwards trend, and what’s exciting now is that, after correcting a little over the course of late-July/early-August, XLM has broken out of another pennant. This looks more like a short-term phase, one that may last for much of this week, before another correction arrives. Source: TradingView Other bullish signs include XLM’s relative strength index (yellow), which rose back up to 75 last night, and which remains at around 60. This indicates ongoing buying pressure, although the recent history of its MACD (orange, blue) suggests that such pressure may not last for too long. As such, there’s no guarantee that we’ll witness a big and sustained spike anytime soon, although Stellar’s fundamentals would point towards long-term growth. Stellar is turning up the pace On Aug 8, @StellarOrg processed 13.4M+ txns, a 13% jump from its previous peak A borderless, decentralized network empowering builders to move value globally & expand access to the financial system at scale https://t.co/APrNPIk4oK pic.twitter.com/CnpJ2UcJ2r — Chainspect (@chainspect_app) August 8, 2025 In fact, the Stellar price remains 47% down on its ATH of $0.8756, set back in January 2018. This arguably means that it still has lots of potential to rise vigorously this year, with the market’s growth and Stellar’s own growth increasing demand for it. Indeed, Stellar’s total value locked has risen by 242% since the beginning of 2025, while it has welcomed several new partnerships in recent months, including a deal with PayPal that will bring the payment giant’s PYUSD stablecoin to Stellar . Now is therefore a good time for the alt, with the Stellar price likely to hit $0.50 in the next few weeks, and $0.70 by Q4. Maxi Doge Raises 650,000 in Presale: Is This the Next Viral Meme Coin? For traders unconvinced by Stellar, there are other altcoins that could be worth a look, including several new presale tokens that may have the potential to take off once they list. One of the newest is Maxi Doge (MAXI) , an Ethereum-based and hyper-bullish riff on the Dogecoin template. It opened its presale a couple of weeks ago, and has since gone on to raise just over $650,000, a sign of its snowballing popularity. Maxi Doge’s premise is simple: to develop a community and ecosystem of aggressive traders, who are intent on pumping and promoting MAXI at every available opportunity. To this end, Maxi Doge will operate social media channels (on Telegram and Discord) where it will run trading challenges and competitions, encouraging holders to push their trading to its limits. Its social media channels will also be a space where holders can share trading strategies and tips, helping to boost a shared sense of community. On top of this, Maxi Doge will also maintain a Maxi Fund, equal to 25% of its max supply. It will use this fund to finance projects and support marketing initiatives, helping to spread word of Maxi Doge and recruit to new converts to its cause. Interested investors can join MAXI’s presale by going to the official Maxi Doge website , where the coin is currently selling at $0.0002515. This price will rise regularly over the course of the sale, so buyers should act sooner rather than later, in order to lock in the biggest possible returns. Click Here to Participate in the Presale The post Stellar Price Prediction: 100% Move in Sight After XLM Breaks Out of Bullish Flag appeared first on Cryptonews .

11 Aug 2025, 23:12

Cryptocurrency Market Hits New Peak: Risks Loom for Three Key Altcoins

The cryptocurrency market surpassed $4 trillion, indicating heightened trading activity. ETH, ENA, and XRP face significant liquidation risks amid market fluctuations. Continue Reading: Cryptocurrency Market Hits New Peak: Risks Loom for Three Key Altcoins The post Cryptocurrency Market Hits New Peak: Risks Loom for Three Key Altcoins appeared first on COINTURK NEWS .

11 Aug 2025, 23:11

Ethereum Faces Key Resistance at $4.2K: Analysts Consider Breakout or Potential Dip to $3.2K

Ethereum is currently testing a critical resistance level near $4.2K, with analysts predicting a potential breakout towards $5.5K or a correction to $3.2K. Ethereum’s price action shows strong momentum, testing