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Emerging cryptocurrency stuns market with game-changing acquisition: 'Represents a significant milestone'

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Emerging cryptocurrency stuns market with game-changing acquisition: 'Represents a significant milestone'

An emerging cryptocurrency that has been gaining popularity globally made itself even more attractive with a recent acquisition.

As relayed by PR Newswire last month, a complementary cryptocurrency called Letscoin secured a whopping three billion metric tonnes of approved carbon credits for use on the voluntary offset market.

“This transaction represents a significant milestone in sales and purchase placement involving the digitalisation mechanism of a complementary crypto stable coin,” Thana Balan P Jagnathan, the co-founder of Letscoin, said in a statement. “We achieved this groundbreaking transaction through a secure carbon credit preservation and exchange program using tokenization which was launched in June 2024 in Indonesia and November 2024 in Malaysia respectively.”

Jean Bilala, the executive chairman of Letscoin, added: “This is a significant step forward for Letscoin and the validation of the system as a complimentary cryptocurrency in favour of USDT. … The success of this transaction proves the quality and stability of Letscoin (LTSC) and the importance of a complementary market exchange backed with physical fiat, with the addition of a verified voluntary carbon credit offset, is a game changer.”

Many forms of cryptocurrency, such as the most predominantly known bitcoin, have been criticized for their negative environmental impacts. The process of mining bitcoin is energy-intensive and can put immense stress on electrical grids around the world. Some countries, including Russia, have resorted to banning cryptomining as a way to reduce energy consumption and prevent an economic crisis.

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The development by Letscoin is the latest effort to create eco-friendly avenues for cryptocurrency to become economically viable.

Similarly, Ethereum, a major player in the field, made a significant shift in its technology that drastically reduced its energy consumption — by an impressive 99.95%. This change not only benefits the environment by cutting down on energy usage and pollution, but it also boosts Ethereum’s market appeal and potential for institutional adoption.

Ethereum and Letscoin are promising examples of how digital currencies can evolve to be more sustainable.

Join our free newsletter for good news and useful tips, and don’t miss this cool list of easy ways to help yourself while helping the planet.

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EU Reconsiders MiCA Regulation as Crypto Evolves | PYMNTS.com

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EU Reconsiders MiCA Regulation as Crypto Evolves | PYMNTS.com

European regulators want to know if their 2024 cryptocurrency regulations still apply to the 2026 crypto landscape.

With that in mind, the European Commission announced Wednesday (May 20) that it has launched a consultation to get feedback from stakeholders and the general public on the functioning of the Markets in Crypto‑Assets Regulation (MiCA).

“As crypto asset markets and the broader policy landscape continue to expand, the commission is assessing whether the current framework remains fit for purpose,” the announcement said.

MiCA created a “harmonized” EU framework for crypto assets and related services, governing things like cryptocurrency asset‑referenced tokens and stablecoins, their issuers, and crypto asset service providers.

“Since the MiCA Regulation was developed, digital asset markets have continued to evolve, with the global policy and regulatory landscape also changing significantly,” the commission added, leading it to assess “whether the EU framework needs to be updated in light of market and international developments.”

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As covered here last month, MiCA is on the verge of a moment where it “stops being theory and becomes market structure.”

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That’s because of a July 1 deadline which says that all firms offering crypto asset services in the EU without formal authorization must close operations in member states.

The consultation, open until Aug. 31, includes a public consultation for individuals and a targeted consultation asking technical and legal questions of stakeholders that include digital asset issuers and service providers, financial institutions, consumer and public interest organizations, and EU public authorities.

One of the changes in crypto’s regulatory landscape is happening in the U.S., where lawmakers are preparing to take up the CLARITY Act after it was advanced last week by the Senate Banking Committee.

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As PYMNTS wrote, that vote was “one of the most consequential regulatory developments for digital assets since the collapse of FTX reignited demands for federal oversight.”

While still facing political and procedural obstacles, the legislation signals a growing bipartisan acknowledgment that what was once seen as a fringe or adversarial sector is now viewed as a strategic financial and technological industry.

“The market response demonstrates how central regulatory clarity has become to crypto valuations,” the report added. “Coinbase shares rallied after the Senate Banking Committee advanced the bill, while broader crypto-linked equities also moved higher as investors price in the possibility that stablecoins and digital assets may soon operate inside a more predictable U.S. regulatory framework.”

 

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K33 Research Says Bitcoin’s $60K Bottom Was Bear Market’s Maximum Drawdown

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K33 Research Says Bitcoin’s K Bottom Was Bear Market’s Maximum Drawdown

Key Takeaways

Bitcoin’s Downside Capped at $60K

In a research note published this week, K33’s head of research, Vetle Lunde, argued that the conditions defining the 2026 bear market make an 80%-plus collapse (akin to those seen in 2018 and 2022) structurally unlikely. She added that the 2025 bull market was less aggressive than prior cycles, and a proportionally less severe bear market will follow as a consequence.

Image source: X

The firm’s key evidence sits in derivatives data as bitcoin’s 30-day average funding rate has remained negative for 81 consecutive days, an unusually prolonged stretch of bearish positioning in perpetual swap markets. Lunde describes this as a “uniquely pessimistic” sentiment, which paradoxically stands to limit further downside by exhausting near-term selling pressure before a sustained decline can develop.

K33’s base case projects bitcoin consolidating within a range of $60,000 to $75,000, with slow grind dynamics rather than a sharp capitulation event. The “maximum drawdown” in this scenario sits at the February low of approximately $60,000, a roughly 52% decline from the all-time high of $126,272 reached on October 6, 2025.

The numbers may be severe by historical standards for equities, but quite modest for a bitcoin bear market cycle, as previous cycles have produced peak-to-trough losses exceeding 80%.

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The key structural difference K33 points to is the role of institutional capital. With access to bitcoin now largely routed through regulated products, the extreme leverage feedback loops that drove prior capitulations are harder to sustain at scale. Long-term holders also appear to be approaching selling exhaustion, a metric that in previous cycles has preceded a medium-term price floor.

Moreover, in February, K33 flagged parallels to the late 2022 bear market bottom when bitcoin first approached the $60,000 level. The latest note extends that argument forward, suggesting that if February was the floor, the market is now in slow recovery territory rather than mid-decline.

For traders and long-term holders alike, the question now shifts from how low bitcoin can go to how long the consolidation lasts.

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New Cryptocurrency Pepeto Crosses $10M as Minnesota Banks Get Green Light for Crypto Custody

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New Cryptocurrency Pepeto Crosses M as Minnesota Banks Get Green Light for Crypto Custody

Minnesota just signed a law allowing state-chartered banks and credit unions to hold crypto starting August 1, giving traditional financial institutions a regulated path to custody Bitcoin and other digital assets. That clarity arrives as every new cryptocurrency with real exchange tools attracts more capital than speculative tokens still pitching ideas. While banks prepare to safeguard digital assets, Pepeto https://pepetocoin.com/ has raised $10 million from wallets positioning before its expected Binance listing. Here is what the custody news means and why Pepeto could be the defining entry of 2026.

Minnesota Opens the Door for Bank-Held Crypto

Governor Tim Walz signed House File 3709 into law, making Minnesota the first Midwest state to let banks and credit unions offer crypto custody, according to CoinDesk. The law requires client assets to stay separated from bank holdings and mandates cybersecurity reviews before service begins. The Block noted the House passed the bill 130 to 4, showing overwhelming support. When regulated banks start holding crypto for retail clients, the tokens with audited code and working infrastructure gain the most institutional trust, and the ones without it fall further behind.

New Cryptocurrency Entries and the Tokens Set to Lead

Pepeto

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Banks entering crypto custody proves the market now rewards verified infrastructure over empty roadmaps. Pepeto https://pepetocoin.com/ fits that mold, with a zero-fee swap engine that lets users trade across any chain without paying fees and a bridge connecting multiple blockchains so liquidity never gets trapped on one network. A trader can enter a position, shift it to wherever the best opportunity sits, and exit without fees cutting into returns.

The raise has passed $10 million at a presale price of $0.0000001871, and a SolidProof audit gives Pepeto the kind of verified security banks and exchanges now require before listing a token. The architect behind the original Pepe coin designed the project, and a former Binance expert is shaping exchange readiness. Early holders are not just buying a token, they are buying a complete trading ecosystem at a price that will never be available again once listing day arrives. With Binance listing approaching, this entry is a fixed window that closes permanently once trading begins. The new cryptocurrency space produces hundreds of tokens every month, but the ones that last are the ones with tools people use, and Pepeto is the only presale at this level delivering a working swap engine, a bridge, and risk scoring before its first day on an exchange.

https://youtu.be/shxO0J94CPw?si=ugvmBXGNLNG73e3H

Solana (SOL)

Solana trades near $84.34 after Goldman Sachs fully exited its SOL ETF positions in Q1 2026, according to BeInCrypto. Wall Street firms like Visa continue moving billions onto Solana for tokenized funds and payments, but the token sits roughly 65% below its peak. Support holds near $77, with resistance at $93 and then $100. SOL remains a top layer-one contender, but climbing back to old highs requires a 3x move that depends on macro conditions and institutional return.

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XRP

XRP trades near $1.35 after Goldman Sachs also dumped its XRP ETF exposure entirely in Q1, according to BeInCrypto. Support sits at $1.34, with resistance near $1.48. The CLARITY Act clearing the Senate Banking Committee adds regulatory wind. XRP’s $76 billion cap makes triple-digit percentage returns a challenge that few cycles deliver, and the kind of return that changes a portfolio comes from entries priced before their first exchange listing.

The Bottom Line

Every massive crypto fortune began the same way. BNB launched at $0.15 in 2017 and reached $1,369. ADA sold for $0.0024 and crossed $3.09, multiplying early entries by over 1,200 times. DOGE traded below a penny for years before touching $0.73. The one thing every early buyer shared is they committed while everyone else waited. Pepeto sits in that position today as a new cryptocurrency with $10 million raised, working exchange tools, and Binance listing approaching. Getting in at presale pricing is the kind of move that delivers generational returns, but the clock is running and every day brings the listing closer. Visit the Pepeto official website for the full breakdown.

Click To Visit Pepeto Website To Enter The Presale: https://pepetocoin.com/

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FAQ

What makes a new cryptocurrency worth buying in 2026?

The strongest new cryptocurrency entries this year have audited code, working tools, and a clear exchange timeline. Tokens without those rarely survive their first year of open trading.

Are large caps like SOL and XRP still worth holding?

Both offer long-term value, but their large caps limit percentage returns in a single cycle. Presale entries with defined listing dates offer a different return structure.

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What is the top new cryptocurrency presale right now?

Pepeto has $10 million raised, a SolidProof audit, and Binance listing expected. Visit the Pepeto official website for the complete project overview.

Disclaimer:

This content is for informational use only and does not constitute financial advice. Investing in cryptocurrencies carries substantial risk and volatility, including the possible loss of your investment. Always perform your own research or consult an advisor before making decisions.

Contact: Dani Bonocci

Website: https://www.tokenwire.io

Phone: +971586738991

SOURCE: Pepeto

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This release was published on openPR.

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