Crypto move in Asia: Thai banks can keep crypto, Sandbox and AI emphasis from the SCB10x CEO
SCB10X CEO KAWEEWUT Temphuwapat announced that crypto arrangements in Thailand will become clear and that banks could keep crypto in sandbox. While Uniswap was rising, James Wynn turned to the Memecoins, and Strategy bought another 4,020 BTC.
🔹 Uniswap (UNI) rose with corporate interest
Uniswap’s UNI Tokenı increased by 5 %in the last 24 hours and increased from $ 6,00 to $ 6.65. This rise came in the period in which the highest monthly transaction volume has been reached since February. This year, the platform carried out more than $ 73 billion, earning more than $ 380 million. A whale that purchased an increase in corporate interest and 4 million dollars of flour supported this acceleration.
🔹 SCB10x CEO: “AI + Crypto Investments on Our Radar”
Kaweewut, the new CEO of SCB10X, said that there are serious opportunities in the intersection of AI, Crypto and Web3 fields. Temphuwapat:
“AI and crypto combination is on our investment radar.”
CEO thinks that there will be more capital flow to Asian markets with the clarification of crypto regulations in the USA. He recalled the early investment of SCB to Ripple 10 years ago and said that this technology was actively used in mobile applications.
🚨 remarkable emphasis:
New regulations in Thailand, where banks can directly keep crypto, are expected to be tried in “Sandbox” environments.
Thailand leads the region in terms of payment infrastructure and regulatory vision.
🔹 James Wynn switched from Bitcoin to the memecoins
Recognized Trader James Wynn came out of high leveraged BTC transactions and turned to Memecoin -oriented strategies. Wynn made a profit of $ 500,000 with a $ 1 million leverage Pepe Long position. In the past, $ 1.2 billion of BTC Long position was damaged by 17.5 million dollars, and then won $ 3 million in a short -term short -term short -term short position. He made a profit of 25 million dollars from a total of $ 3 million.
🔹 Strategy (MSTR), 4,020 BTC purchased
Strategy, the corporate Bitcoin investment giant, spent 427 million dollars between 19-25 May and bought another 4,020 BTC. The total presence of Bitcoin reached 580,250 BTC. The average purchase price increased to $ 106.237 and a total of BTC investment increased to 40.6 billion dollars.
📈 Market View
BTC: It maintains its stability at $ 109,000.
ETH: Holds over $ 2,500, ETF entrances continue.
Gold: Over $ 3,310, it has a positive look with budget deficit concerns.
Hang Seng: Opened at 23.304 levels, technology shares are under pressure.
Nikkei 225: 0.13 %decreased, the postponement of tariffs is monitored.
S&P 500: It was closed because of Memorial Day.
📌 Note: This content is not an investment advice. Crypto currency markets include high risk.
