South African financial regulators have clarified that cryptocurrencies and 
stablecoins are not legal tender. Crypto Still Excluded From Legal Tender 
Status South African regulators have reiterated that cryptocurrencies and 
stablecoins are neither money as defined in the country’s National Payments 
System Act nor funds, and are therefore not legal tender. In a joint 
statement, the […]

South African financial regulators have clarified that cryptocurrencies and stablecoins are not legal tender. Crypto Still Excluded From Legal Tender Status South African regulators have reiterated that cryptocurrencies and stablecoins are neither money as defined in the country’s National Payments System Act nor funds, and are therefore not legal tender. In a joint statement, the &#8230;

South Africa Rules out Foreign Stablecoins as Payment Tools to Curb Dollarization

Andrew Left, the prominent short seller behind Citron Research, was found 
guilty of securities fraud by a U.S. federal jury, which convicted him on 13 
of 17 counts after a three-week trial in Los Angeles. A Landmark Case Over 
Posts and Trades A Los Angeles federal jury found Andrew Left, the 55-year-old 
founder of Citron […]

Andrew Left, the prominent short seller behind Citron Research, was found guilty of securities fraud by a U.S. federal jury, which convicted him on 13 of 17 counts after a three-week trial in Los Angeles. A Landmark Case Over Posts and Trades A Los Angeles federal jury found Andrew Left, the 55-year-old founder of Citron &#8230;

‘The Jury Got It Wrong’: Citron’s Andrew Left Convicted of Securities Fraud

The Bitcoin price fell hard on Tuesday, hitting $67,289—its lowest level since 
April—reshaping sentiment toward a more bearish outlook as bulls lose key 
support zones. CoinGecko data shows the selloff isn’t isolated to one 
timeframe. Bitcoin has retraced across all-time horizons, reflecting 
widespread bearish sentiment and persistent selling pressure. The Bitcoin 
price is down about 6% over the last 24 hours and roughly 15% on the monthly 
timeframe. After the drop, Bitcoin is around 47% below its all-time highs of 
$126,000 set during last year’s rally. What’s Next For The Bitcoin Price? On X 
(previously Twitter), market analyst Ali Martinez argued that the Bitcoin 
price has broken below several major levels that traders typically use as a 
line in the sand. Martinez pointed to the loss of channel support, the loss of 
the 100-day simple moving average (SMA), and the move below the 0.5 Fibonacci 
retracement level around $71,300. Related Reading: Bullish Shift For TON: 
Price Breaks Above $2 Following Telegram CEO’s Gram News The analyst said that 
once all three were lost, the odds of downside acceleration rose sharply, 
pointing to $65,000 as the next likely move. From current levels, that 
potential retrace would mean an additional pullback of about 3.4%. BTC To 
$48,000 By September Market expert Nonzee claimed “history is repeating 
itself,” describing a bear-trap pattern that previously went from $97,000 to 
$83,000, and then the expert charted a continuation of the crash for the 
Bitcoin price with another leg: $65,000, then $61,000, $58,000, $55,000 and a 
potential bottom at around $48,000. Related Reading: Binance Unveils Trading 
Access To Over 7,000 US Stocks, ETFs—And Adds A New Tokenization Plan In that 
scenario, the “next stops,” according to Nonzee, include “$60,000 in days,” 
and $48,000 by September. Short Bitcoin price bounces may happen, but he 
argued that waiting for a full bull market right now would be a mistake. Not 
everyone is calling for the same exact path, but the tone across these 
forecasts is clearly cautious. Tony Research, for example, said he expects a 
bounce from $67,000 into the $74,000 area, yet the larger message remains that 
the main trend is still bearish. Featured image created with OpenArt; chart 
from TradingView.com

The Bitcoin price fell hard on Tuesday, hitting $67,289—its lowest level since April—reshaping sentiment toward a more bearish outlook as bulls lose key support zones. CoinGecko data shows the selloff isn’t isolated to one timeframe. Bitcoin has retraced across all-time horizons, reflecting widespread bearish sentiment and persistent selling pressure. The Bitcoin price is down about &#8230;

Bitcoin Price Falls To $67,000 And Breaks The Map For Bulls—Here’s What Happens Next

The partnership could accelerate institutional adoption of tokenized finance, 
enhancing liquidity and efficiency in digital asset markets.
The post Franklin Templeton brings BENJI tokenized funds onto MoonPay appeared 
first on Crypto Briefing.

The partnership could accelerate institutional adoption of tokenized finance, enhancing liquidity and efficiency in digital asset markets. The post Franklin Templeton brings BENJI tokenized funds onto MoonPay appeared first on Crypto Briefing.

Franklin Templeton brings BENJI tokenized funds onto MoonPay

Coinbase invests in ProShares IQMM ETF to support GENIUS Act stablecoin 
reserves as demand for compliant infrastructure grows.
The post Coinbase expands stablecoin push with investment in ProShares’ IQMM 
ETF appeared first on Crypto Briefing.

Coinbase invests in ProShares IQMM ETF to support GENIUS Act stablecoin reserves as demand for compliant infrastructure grows. The post Coinbase expands stablecoin push with investment in ProShares’ IQMM ETF appeared first on Crypto Briefing.

Coinbase expands stablecoin push with investment in ProShares’ IQMM ETF

Privacy protocol Zama says it will accelerate compliance measures after a 
court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute.

Privacy protocol Zama says it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute.

South Africa Rules out Foreign Stablecoins as Payment Tools to Curb Dollarization

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