Global

Core Foundation, a Bitcoin scaling solution, has joined forces with digital asset custodian Hex Trust to offer institutional clients in the Asia-Pacific (APAC) and MENA regions a new way to earn returns on their Bitcoin.

The crypto market recently took a $107 billion hit, with Bitcoin briefly dipping below its key support level of $112,526.

Ether (ETH), the second-largest cryptocurrency, has experienced a 10% drop in value after failing to surpass its all-time high last week.

Tech billionaire Elon Musk has reportedly dropped his plans to create a new political party, the "America Party," to avoid hurting the Republican Party and to maintain a close relationship with Vice President JD Vance.

After a massive 80% rally in July, the memecoin BONK is experiencing a significant downturn, dropping 13% over the past month and losing its $2 trillion market cap.

Bank of America CEO Brian Moynihan has confirmed the bank's interest in entering the stablecoin market, but only once the U.S. establishes clear regulations.