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South Korea just made a major move—after 9 years, the country's lifting its crypto restrictions. Here's what it means: corporates can now park up to 5% of their equity into the top 20 tokens. A significant shift for institutional adoption in the region.
Meanwhile, things went sideways for a token backed by a U.S. political figure. It tanked hard right after launch, with traders already circulating rug pull theories. Classic red flag scenario unfolding.
On the macro front, the S&P 500 keeps hitting fresh all-time highs. That bullish momentum is funneling liquidity straight into risk assets. When equities are running this hot, money tends to flow into crypto as well. Market conditions still favor the aggressive moves.