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Aurra Markets Strengthens MENA Presence Following Money Expo Abu Dhabi 2026

by admin July 13, 2026

written by admin

ABU DHABI, UAE, July 13, 2026 /PRNewswire/ — Aurra Markets, a global multi-asset CFD brokerage, concluded its diamond sponsorship and participation at Money Expo Abu Dhabi 2026. Held at the ADNEC Centre from the 8th to the 9th of July, the financial exhibition served as a primary platform for the broker to connect directly with retail traders, institutional partners, and financial leaders across the Middle East and North Africa (MENA) region.

Showcasing Institutional-Grade Liquidity at Money Expo

In a digital financial landscape, Aurra Markets continues to prioritize face-to-face engagement. The broker’s presence at Booth 33 highlighted its focus on clear communication between traders and their brokerage provider. By facilitating transparent interactions, the Aurra Markets team provided attendees with factual data regarding its institutional-grade liquidity and low-latency trading infrastructure. Establishing a physical presence remains a core part of the company’s operations, allowing the executive team to understand complex client needs and support a stable trading environment.

Expanding the Aurra Markets Affiliate and Refer a Friend Partnership Programmes

A core focus of the two-day exhibition was the expansion of the Aurra Markets Partnership Programmes. Engaging with financial professionals, the executive team detailed the operational framework of both the Refer a Friend initiative and the Aurra Affiliate Programme. These programmes provide partners with dedicated account support, transparent real-time reporting, and structured CPA and rebate models. By lowering operational barriers for prospective partners, Aurra Markets is building a collaborative network that supports sustained mutual growth.

Live Demonstrations of the Aurra Wallet

The event featured live demonstrations of the Aurra Wallet. This unified funding system bridges fiat and digital assets, allowing clients to manage deposits and withdrawals efficiently. Integrating this technology reduces banking delays and provides faster market access.

Aurra Markets 2026: Continued Global Expansion

The strong engagement at ADNEC supports the brokerage’s strategic vision for continued expansion across key global financial hubs. By maintaining a physical presence in the MENA region, Aurra Markets plans to scale its operations and trading services to support a growing base of international clients.

About Aurra Markets

Aurra Global Markets Limited is authorized and regulated by the Mauritius Financial Services Commission (FSC) under License No. GB25204837. Aurra Markets provides a global community of traders with the direct infrastructure and technical resources needed to operate in dynamic financial markets. For more information, visit www.aurra.markets.

July 13, 2026 0 comments

Press Release

OSL Strengthens Asia’s Digital Asset Ecosystem With Listing Of State-Supervised Gold-Backed Stablecoin USDKG

by admin May 21, 2026

written by admin

Hong Kong, Hong Kong, May 21st, 2026, Chainwire

OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic. The listing marks a significant step in bringing a state-supervised, asset-backed digital currency to one of the world’s most established licensed virtual asset markets.

Pegged 1:1 to the U.S. Dollar and fully backed by physical gold reserves, USDKG is now accessible to professional investors through OSL’s institutional-grade infrastructure. The initial trading pair USDKG/USDT is now available to professional investors across OSL HK’s over-the-counter (OTC) platform.

The listing of USDKG aligns with OSL’s commitment to contribute to the development of a secure and compliant digital asset ecosystem in Asia and beyond. It also expands USDKG’s reach into new markets through a regulated platform aligned with institutional standards, supporting its use in cross-border settlement and broader financial applications.

Jason Liu, Global Exchange COO of OSL, said: “OSL is dedicated to providing investors with access to regulated, innovative assets. The listing of USDKG not only enriches OSL’s product offerings for the market, but also strengthens its compliant stablecoin ecosystem, as the introduction of a state-backed, compliant digital asset further underscores OSL’s credibility and leadership within the industry.”

Biibolot Mamytov, CEO of Gold Dollar (USDKG), said: “This listing represents an important milestone for USDKG as we enter one of the most established and highly regulated digital asset markets globally. Hong Kong is widely regarded as the gold standard for digital asset regulation, and working with OSL reflects our focus on transparency, gold-backed reserves, and institutional-grade infrastructure.”

About USDKG

USDKG is issued by OJSC Virtual Asset Issuer, a state-owned entity under Kyrgyzstan’s Ministry of Finance, with an initial issuance of $50 million backed by physical gold reserves audited by Kreston Global. The stablecoin is deployed on Ethereum and TRON, with smart contract audits conducted by ConsenSys Diligence.

The token is already accessible through decentralized exchanges, including Curve and Uniswap, and supported by major wallets such as Ledger Live, MetaMask, Trust Wallet, and TronLink. The stablecoin is fully compliant with FATF KYC/AML standards and is designed to facilitate financial inclusion and efficient cross-border value transfer.

With this listing, Kyrgyzstan continues to position itself as a regional first-mover in regulated, asset-backed digital currencies, bridging traditional finance and blockchain infrastructure while maintaining full sovereign oversight and public accountability.

About OSL Group

OSL Group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide. For media inquiries, users can contact: media@osl.com

Disclaimer

This article is for informational purposes only and does not constitute, and shall not be construed as, an offer, solicitation, invitation, recommendation, or inducement to buy, sell, subscribe for, or otherwise deal in any digital assets, securities, or financial products. It does not constitute financial, investment, legal, tax, accounting, or other professional advice and should not be relied upon as such. The views, statements, and information contained herein do not necessarily reflect the official positions or commitments of OSL Group or any of its affiliates. Any descriptions of products, services, promotions, or programmes are for general reference only. Participation in any products, services, or promotions mentioned is subject to applicable terms, conditions, and regulatory requirements. This article may contain forward-looking statements or indicative information. Actual outcomes may differ materially, and OSL Group assumes no obligation to update such information.

Contact

Gold Dollar — USDKG
business@usdkg.com

May 21, 2026 0 comments

Crypto Regulations

Bitcoin Recovery Strengthens as BTC Targets a Break Above $90K

by admin November 26, 2025

written by admin

Bitcoin is attempting a strong recovery after slipping to multi-week lows, with market sentiment gradually improving as traders watch for a potential breakout above the $90,000 level. The past few days have seen volatility ease, and buyers are slowly reclaiming momentum, setting the stage for a potentially decisive move in the days ahead.

Bitcoin Attempts a Steady Recovery

Bitcoin began a fresh recovery wave after managing to remain above the crucial $83,500 support zone. This area has acted as a strong defensive line for bulls, preventing deeper sell-offs despite the broader market uncertainty. After stabilizing, BTC pushed above $85,500, signaling the beginning of a notable upward move.

The rebound continued as buyers drove the price above the $86,000 zone and past the 50% Fibonacci retracement level of the decline from the $92,872 high to the $80,595 low. This move confirmed that bullish pressure is slowly building again, though sellers are still active around key resistance areas.

At the moment, Bitcoin is trading above $87,000 and remains firmly positioned above the 100-hour Simple Moving Average—a positive sign that short-term trend direction is leaning bullish.

$88,200 and $89,000: Key Barriers Before the Main Breakout

Despite the progress, Bitcoin faces immediate resistance at $88,200, where a short-term bearish trend line continues to cap upward moves. A clean break above this level could open the door for a retest of $89,000—another zone that has historically attracted seller activity.

The broader trend suggests that BTC must clear both these levels convincingly to shift momentum fully back in favor of buyers. If successful, the next major target becomes the highly watched $90,000 resistance zone, which has repeatedly acted as a turning point for recent rallies.

Traders are monitoring this level closely because it also aligns with the 76.4% Fibonacci retracement level of the earlier decline, making it a strong confluence area. A close above $90,000 on the hourly or four-hour chart could significantly increase the probability of an extended upward trend.

What Happens If Bitcoin Breaks $90,000?

A successful breakout above $90,000 could trigger a wave of bullish momentum across the market. Analysts expect that clearing this zone could send the price toward $91,750, a level that previously acted as a rejection point during sharp upward swings.

If the price moves past $91,750, the next areas of interest lie between $92,500 and $94,000, with $93,500 acting as the upper barrier in this resistance band. A break above this cluster could potentially set the stage for a new attempt at reclaiming the $95,000 region, pushing Bitcoin back toward its all-time highs.

Such a move would also likely revive broader market confidence, supporting upward momentum in major altcoins and potentially improving overall liquidity conditions.

Signs of Strength: Buyers Slowly Regaining Control

While Bitcoin is not yet in full breakout mode, several indicators point to a gradually strengthening market. Maintaining levels above the 100-hour SMA is a positive signal, suggesting that buyers are stepping in on dips and preventing deeper pullbacks. This kind of market behavior often precedes more decisive upward moves—especially when combined with improving sentiment.

Additionally, trading volumes have begun to stabilize, and forced liquidations have slowed significantly compared to the previous week’s volatility. This indicates that the market is clearing leverage excess, creating a healthier foundation for future rallies.

Risk Still Remains: What If Bitcoin Gets Rejected?

Despite the encouraging setup, Bitcoin is not out of danger. If the price fails to break through $90,000 once again, bears could regain control and trigger another corrective wave.

Immediate support sits at $86,700, followed by a stronger zone at $86,200. If BTC falls below these levels, the next key support lies near $85,000, which previously acted as a rebound point.

A deeper pullback below $85,000 could push the price toward $83,500, the critical level that prevented further downside earlier. Losing this support would shift the market structure bearish and potentially send Bitcoin toward $82,000—the main support level that bulls must defend at all costs.

If sellers manage to force a breakdown below $82,000, Bitcoin could accelerate lower, risking a slide into the high-$70,000 range.

Conclusion: Bitcoin Approaches a Decisive Moment

Bitcoin’s rebound is gaining momentum, and all eyes are now on the $90,000 mark. A sustained break above this level could reignite bullish sentiment, potentially pushing the price toward the mid-$90,000 range. However, failure to overcome the resistance could invite another corrective phase.

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November 26, 2025 0 comments

Blockchain Startups

3 Charts to Track as Ether Strengthens Against Bitcoin

by admin November 14, 2025

written by admin

This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.

It’s unusual to see ether ETH$3,160.78, the world’s second-largest cryptocurrency by market cap, showing relative strength against market leader bitcoin on a day when the market is under pressure.

Today is exactly that rare instance. While bitcoin BTC$96,787.52 has slipped over 2% on the day to around $97,200, ether remains largely steady near $3,230, per data source CoinDesk. This divergence has lifted the ether-to-bitcoin (ETH/BTC) ratio by more than 2%, signaling ether’s outperformance.

With that in mind, here are three key charts worth keeping an eye on.

ETH/BTC ratio

ETH/BTC ratio’s counter-trend consolidation. (TradingView)

The Binance-listed ratio is currently confined within a counter-trend downward channel, reflecting a pause following the sharp rally observed between May and August. The slope of this channel is relatively gentle, suggesting the price action is more of a consolidation phase rather than a full-fledged downtrend.

So, a breakout from this channel would confirm a renewed investor bias in favor of ether over bitcoin, suggesting further upside potential for the ETH/BTC ratio. Interestingly, the ratio’s MACD histogram appears poised to cross above zero, signaling a potential bullish shift in momentum.

Ether

ETH's daily chart in candlestick format. (TradingView) — ETH’s daily chart in candlestick format. (TradingView)

Like the ether-bitcoin ratio, ether’s dollar-denominated price is also moving in a counter-trend downward channel, with signs of seller exhaustion near $3,000, as evident from the long tails attached to the recent daily candles.

This suggests a potential for price bounce, although a clean breakout from the channel is needed to confirm a broader bullish outlook.

XRP/BTC

A potential rally in ether, widely regarded as the leading altcoin, could spark rallies in other major tokens, particularly in the ratio between payments-focused XRP and bitcoin.

The ratio continues to coil in a four-year range, building momentum for a significant breakout. Should ether surge, this could act as a catalyst for a bullish resolution in the XRP/BTC ratio, potentially triggering notable gains.

November 14, 2025 0 comments

DeFi Innovations

Kalshi’s Court Win Strengthens Federal Grip on Prediction Markets

by admin November 12, 2025

written by admin

Kalshi has scored another win in its fight to define the future of sports prediction markets.

On Monday, a California federal judge refused to block the platform’s contracts, siding with the company’s argument that it is a federally regulated exchange and not a sportsbook. The ruling hands tribes their first loss in a fast-expanding legal battle that could redraw the boundaries of gambling law.

Court Says CFTC, Not Tribes, Regulates Event Contracts

U.S. District Judge Jacqueline Scott Corley rejected a motion for a preliminary injunction from Blue Lake Rancheria, Chicken Ranch Rancheria of Me-Wuk Indians, and Picayune Rancheria of the Chukchansi Indians. The tribes sought to block Kalshi from offering “sports event contracts” accessible from tribal lands, arguing that the operator’s activities violated the Indian Gaming Regulatory Act (IGRA) and constituted unlicensed Class III gaming.

Corley disagreed. In her 28-page order, she ruled that Kalshi’s operations fall under the Commodity Exchange Act (CEA) and the oversight of the Commodity Futures Trading Commission (CFTC).

“The UIGEA, unlike IGRA, expressly addresses internet gaming that can be accessed in locations where such gaming is unlawful, including Indian lands,” Corley wrote, referring to the Unlawful Internet Gambling Enforcement Act (UIGEA). Because Kalshi is registered with the CEA, its online contracts “are not bets or wagers under the UIGEA,” even if users trade them while on tribal property.

Judge Corley is also persuaded by Kalshi’s argument that interstate (or in this case, state-to-Indian) gaming issues are governed by UIGEA, not IGRA, and UIGEA carves out trading activity governed by the CEA. pic.twitter.com/n7hdJx5aJw

— Andrew Kim (@akhoya87) November 10, 2025

Expanding Legal Battles

The ruling follows a string of federal victories for Kalshi, which has faced regulatory pressure from states including Maryland, Nevada, and New Jersey. In each case, judges have declined to halt its operations while litigation continues, citing the CFTC’s exclusive jurisdiction over federally registered exchanges.

Still, tribal governments remain central to the fight. Their lawsuits argue that prediction markets siphon revenue from tribal gaming and erode sovereign authority. Earlier this year, a similar challenge helped pause Crypto.com’s event-contract offerings in Nevada.

Judge Acknowledges Tribal Concerns

Corley acknowledged those sovereignty concerns but said they weren’t grounds for a preliminary injunction.

“By self-certifying the legality of its event contracts in a way that insulates its activities from judicial review,” she wrote, “Kalshi may have found a way around prohibitions on interstate gambling that were created with the Tribes’ best interest in mind.”

What the Decision Means for Prediction Markets

While the order is limited to preliminary relief, it reinforces the federal footing Kalshi and similar firms rely on. The court’s reasoning effectively affirms that CFTC-regulated exchanges sit outside state and tribal gambling frameworks, at least for now.

That interpretation narrows the reach of IGRA and state gaming laws in the online prediction-market space, underscoring the jurisdictional gap between traditional gambling regulation and federally registered financial exchanges.

Industry observers say the decision could encourage other platforms to expand their offerings while awaiting further federal guidance.

At the same time, the ruling heightens pressure on the CFTC, which has yet to issue clear rules around sports-based or election-based event contracts. Congress and federal agencies may now face renewed calls to clarify where prediction markets end and gambling begins.

For tribes, the legal route has narrowed but not closed. Their best leverage may now shift from courtroom litigation to legislative advocacy, pushing for clearer boundaries between financial contracts and games of chance.

Ultimately, Corley’s order keeps Kalshi trading, keeps tribes frustrated, and keeps the federal government in charge — at least until the Ninth Circuit or the CFTC decides otherwise.

November 12, 2025 0 comments

Bitcoin & Altcoins

TRON Strengthens Its Role as Global Settlement Infrastructure in Q3 2025, Reports CoinDesk, Nansen, and Particula

by admin October 17, 2025

written by admin

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›

Geneva, Switzerland – October 17, 2025 – CoinDesk Data the institutional research division of CoinDesk, a leading global media outlet in the cryptocurrency and blockchain industry, together with prominent blockchain analytics and risk assessment firms Nansen and Particula, have each released independent Q3 2025 reports analyzing onchain activity on the TRON network. Collectively, the findings highlight TRON’s continued dominance in global stablecoin settlements, retail payment infrastructure, and its rapid evolution into a mature, institutional-grade blockchain powering the next generation of decentralized finance.

CoinDesk

CoinDesk Q3 2025 Quarterly Report: TRON Network highlights TRON’s continued leadership in stablecoin settlements, supported by strategic network upgrades and strong ecosystem growth.

Key Insights from CoinDesk:

USDT and Network Dominance: TRON maintained an average of 2.6 million daily active users, ranking second only to Solana. The network leads the market for retail USDT transfers under $1,000, commanding a 65% global share.
Rising P2P Transaction: About 74% of TRON’s daily active users transact wallet-to-wallet as of September 30, 2025, the highest proportion among other chains like Base, Optimism, Ethereum, Solana, BNB and Arbitrum reinforcing its role as a retail-focused payments network.
Ecosystem Growth: TRON’s total value locked (TVL) rose from $4.9 billion to $6 billion, driven by JustLend, which added USD1 as collateral and expanded its USDD v2.0 Supply Mining Program.

Read the full report from CoinDesk here.

Nansen

Nansen’s TRON Quarterly Report – Q3 2025 emphasizes TRON’s evolution into a mature, institutional-grade financial infrastructure operating at scale across global stablecoin and DeFi ecosystems.

Key Insights from Nansen:

U.S. Government Recognition: The U.S. Department of Commerce selected TRON as one of the primary networks for posting official economic data. Marking the first time a federal agency has published economic data to a public blockchain. Acknowledging TRON’s proven ability to deliver scale, speed, efficiency, and global accessibility, processing over $22 billion in daily settlement and more than 8.8 million daily transactions.
Record User Growth: TRON’s community governance approved a 60% reduction in energy fees in August 2025. Within days, TRON surpassed 2.5 million daily active users, overtaking both BNB Chain and Solana in activity metrics.
Ecosystem and Infrastructure Expansion: TRON’s ecosystem expanded through major integrations and cross-chain collaborations, including MetaMask native support, PayPal USD and $TRUMP token deployment via LayerZero, interoperability with 25+ blockchains through deBridge, Everclear, and THORSwap. Additional advancements include The Graph for real-time data streaming, NEAR Intents for seamless cross-chain swaps, Plume’s SkyLink enabling access to tokenized U.S. Treasuries and real-world yields. Lastly, collaborations with Kraken and Backed to integrate xStocks for tokenized equities on TRON.

Read the full report from Nansen here.

Particula

Particula’s Joint Research piece with TRON DAO — Beyond Reserves: Linking Blockchain Performance to Stablecoin Peg Stability explores how blockchain operational efficiency directly affects stablecoin price stability. The study identifies TRON’s technical robustness and liquidity depth as key factors supporting efficient arbitrage and peg maintenance.

Key Insights from Particula:

Superior Network Reliability: TRON demonstrated a 99% transaction success rate, outperforming peers such as Ethereum (97%), BSC (94%), Polygon (92–93%), and Solana (86%).

Fee Stability During Volatility: During major stablecoin market disruptions, TRON’s resource-based model maintained average fees of $0.63 per transaction, while Ethereum fees spiked to $15–$30, showcasing TRON’s cost resilience.
Operational Maturity: TRON’s 3-second block time and throughput exceeding 100 TPS by July 2025 demonstrate its scalability and capacity to maintain stablecoin peg stability even under high network load.

Read the full report from Particula here.

Together, the findings from CoinDesk, Nansen, and Particula reaffirm TRON’s position as a leading blockchain infrastructure for global stablecoin settlements and retail payments. Its combination of high reliability, cost efficiency, and institutional trust underscores its growing importance as a foundational layer for digital finance.

With continuous technical upgrades, ecosystem expansion, and adoption across both retail and institutional sectors, TRON is cementing its role as critical infrastructure for the global digital economy, advancing accessible, efficient, and scalable blockchain-based financial services worldwide.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $77 billion. As of October 2025, the TRON blockchain has recorded over 338 million in total user accounts, more than 11 billion in total transactions, and over $26 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.”

Media Contact
Yeweon Park
[email protected]

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October 17, 2025 0 comments