Bitcoin price trajectory is primed to benefit from both macroeconomic and crypto derivatives trends, said new research from CryptoQuant. Key points: Bitcoin bulls could gain from the Fed’s decision to hold interest rates, given historical tendencies, new analysis says. Falling Binance open interest with BTC/USD making higher lows could add to potential upside momentum. Read more
South Korea’s newly elected president Lee Jae-myung reportedly promised to reduce crypto trading transaction costs as part of his presidential campaign. South Korea’s financial regulator plans to investigate transaction fees charged by domestic cryptocurrency exchanges, aiming to reduce trading costs for users, according to local media. South Korea’s Financial Services Commission (FSC) will launch a probe into transaction fees imposed by local trading platforms and review potential intervening measures, the Herald Economy reported on Thursday. The move is part of South Korea’s newly elected president Lee Jae-myung’s broader pro-crypto agenda. Lee reportedly promised to reduce crypto trading transaction costs to support young traders as part of his presidential campaign. Read more
Grampet Group, the largest private railway group and logistics operator in Romania and in Central and Southeastern Europe, controlled by entrepreneur Gruia Stoica, has recently launched the Leon train.