• Telcoin has gained Nebraska approval for the first US digital asset bank.
• Telcoin’s TEL token surged over 95% following the approval.
• The bank aims to bridge traditional finance with blockchain and DeFi access.

Telcoin (TEL) price has skyrocketed following a landmark regulatory breakthrough that positions the project at the forefront of the emerging US digital asset banking sector.

The cryptocurrency, which had already been gaining attention for its remittance-focused infrastructure, experienced a surge of more than 95% after Nebraska regulators granted the company final approval to operate as the first Digital Asset Depository Institution in the United States.

A pivotal milestone for blockchain integration into the financial system.

Granted final approval in Nebraska, this novel charter enables Telcoin Digital Asset Bank to connect US bank accounts to regulated Digital Cash stablecoins. pic.twitter.com/vitujDhCUV

— Telcoin (@telcoin) November 12, 2025

The approval has created a wave of optimism among investors, signalling a new era where compliant blockchain banking and traditional finance converge.

Telcoin’s historic charter approval

The regulatory approval allows Telcoin to operate as a fully chartered US digital asset bank.

This gives the company the authority to issue eUSD, the first bank-issued, on-chain US dollar stablecoin backed by dollar deposits and short-term treasuries.

CEO Paul Neuner described the charter as a historic moment, emphasising that it enables the creation of “Digital Cash” for everyday use and connects traditional banking to blockchain-based financial services.

By bridging crypto and traditional finance, Telcoin is now positioned to reduce regulatory risks while accelerating adoption of its remittance-focused network.

The charter also opens the door for Telcoin to offer retail and commercial depository services, accept crypto deposits, and provide crypto-backed loans.

The bank will leverage Federal Reserve payment rails, which enhances liquidity and trust for institutional and retail clients alike.

Regulatory clarity has been a persistent barrier in the cryptocurrency space, and this approval sets Telcoin apart from other blockchain companies that operate without a depository trust charter.

Nebraska’s decision demonstrates that compliant blockchain banking is achievable, offering a model that other states may follow.

Telcoin (TEL) price reaction

The market responded immediately with the Telcoin (TEL) price jumping from a low of $0.00284 to highs near $0.00689 within hours, before settling around $0.006 across major exchanges.

Trading volumes also soared to approximately $1.74 million during this period, making Telcoin the top performer among the top 200 cryptocurrencies by market capitalisation.

The cryptocurrency’s market value now stands at roughly $610 million, reflecting investor confidence in the project’s long-term prospects and its regulatory-backed utility.

Technical indicators have reinforced the bullish sentiment, seeing that TEL has broken above the $0.0042 resistance level and has sustained momentum above the 200-day moving average, driven by short-covering and FOMO buying.

Although the RSI has entered overbought territory, signalling strong upward pressure, the MACD confirms the breakout’s momentum.

Eyes are now on the $0.0067 level, which corresponds to a key Fibonacci extension, as a potential confirmation of a macro trend reversal.

Telcoin’s growing influence in US banking

Telcoin’s strategic vision now includes not only issuing the eUSD stablecoin but also enabling the remaining 95% of US banks to integrate blockchain-based financial services.

The Nebraska Financial Innovation Act of 2021 laid the groundwork for this development, while the recent GENIUS Act approval provides federal guidance for stablecoins and digital assets.

By creating a compliant bridge between fiat banking and decentralised finance, Telcoin aims to offer practical solutions for both consumers and financial institutions, further distinguishing the TEL cryptocurrency as a utility-driven asset rather than a speculative token.

By securing regulatory approval, Telcoin strengthens its position as a leading player in this niche, attracting investors who value legal certainty and real-world application.

According to data from BestBrokers, Ethereum staking solutions remain popular as the network gears up for “The Merge”. In the event that will complete this network transitions to Proof-of-Stake (PoS), users seem to be piling up for a shot at receiving a portion of the rewards for securing the network.

Currently, Ethereum operates with a Proof-of-Work (PoW) algorithm that requires users to participate in a process of solving mathematical problems to validate a group of transactions. This is process is known as “mining” and demands specialized hardware and technical knowledge.

Under the new consensus, users can simply stake a portion of their ETH and receive a reward for securing the blockchain, but this process is expensive. At the time of writing, users need 32 ETH or over $30,000 to become a validator.

Lido, and other top crypto exchange platforms offered their clients a solution. Rather than staking the required amount, they can stake a portion and still receive a portion of the rewards.

The study from BestBrokers shows that since the implementation of the Ethereum staking mechanism with the Beacon Chain, in 2020, there are 4,1 million ETH staked on Lido. This represents 31% of the total pool of ETH staked on the PoS blockchain or 129,754 validators on Lido alone.

In contrast, Coinbase holds 1,9 million ETH, Kraken 1,1 million ETH, and Binance 895,744 ETH which barely amounts to around 3 million. As seen in the chart below, Lido dominates the ETH staking market by far.

Alan Goldberg, an analyst at BestBrokers said the following on the reason why people are looking for solutions such as Lido:

With the change from proof-of-work to proof-of-stake, many people predict a surge in Ethereum prices as staking Ether is supposed to bring great benefits and rewards. While such a surge is not certain, mainly because of the current market conditions and recession fears, it is definitely a big step towards the future of blockchain technology as a whole.

What’s In Store For Ethereum Ahead Of “The Merge”?

Additional data provided by Joshua Lim, Head of Derivatives for Genesis Trading, participants in the options markets have been taking long positions in ETH in preparation for “The Merge”. As the chart below shows, institutions are betting on ETH’s price moving north of $3,000.

However, many believe “The Merge” could operate as a “buy the rumor, sell the news event”. This could prompt the price of Ethereum until mid-September, only to see it retrace later in that month.

Analyst Ali Martinez records a decrease in the number of new ETH addresses. This metric has crashed into its March 2020 lows hinting at potential downside pressure for the second cryptocurrency by market cap. Martinez said:

Ethereum network growth hasn’t been this low in more than two years. The last time the number of daily new ETH addresses was 49,700 was back in March 2020. A steady decline in the number of new addresses created on the ETH blockchain tends to lead to a steep price correction over time.

On Wednesday (August 10), the operator of APEX Stake Pool announced that it had received a one million $ADA delegation from Input Output Global (“IOG”), the company responsible for Cardano’s research and development.

Here is what APEX says about itself:

“APEX is a Stake Pool on the Cardano blockchain. Stake Pools are playing a very important role: they are creating (minting) the blocks which include the blockchain transactions. The mission of APEX Stake pool is to help and educate the Cardano community, to bring more people in the Cardano ecosystem, and to contribute to the development and decentralization of Cardano.“

APEX also says that because of its contributions to the Cardano community, since October 2021, both IOG and Cardano Foundation have delegated $ADA tokens with them:

“Because of its mission and its activity in the community, APEX Cardano Stake Pool received in October 2021 both the IOG Delegation (3.3M ADA) and Cardano Foundation (CF) Delegation (14.8M ADA), and in January 2022 it received the Cardano Foundation Delegation again! This ensures high rewards for the APEX Stake Pool delegators.

“The second round of Cardano Foundation Delegation ended on Epoch 334. APEX Stake Pool was selected again from the stake pools that registered, but it was not selected during the random selection in the second step. APEX Stake pool received another Cardano Foundation Delegation (15.2M ADA) on epoch 350! During epoch 353, APEX was selected (together with other 5 Stake Pools) to be supported by IOG for 6 months with a 1M ADA delegation ‘based on the value they have created through documentation, Vasil testnet support, and community education, ultimately contributing to the overall health and growth of the ecosystem’.”

#Cardano APEX Stake Pool is honored to receive 1M $ADA delegation from the Input Output Global for the next 6 months for contributions to the Cardano ecosystem: educate, solve problems, and offer help to fellow Cardano community members. pic.twitter.com/PvmMUJD1UD

— APEX Stake Pool (@cardanoapexpool) August 10, 2022

According to data by “Cardano PoolTool”, currently, APEX has the highest “active stake” among Cardano stake pools:

On July 28, IOG’s Olga Hryniuk published an article (titled “Staking is the bedrock of Cardano”) on Essential Cardano that was written by Anthony Quinn, an editor in the IOG’s Marketing and Communications team.

Quinn wrote:

“Each month, a few more Cardano stake pools are being created, so far bringing the total number of active pools to more than 3,000. At the start of 2021, there were about 2,000. The ada is staked from 1.2 million wallet addresses. In the process, the level of delegation has increased to almost 74% of all the ada in circulation. That’s some achievement, but it still leaves a quarter of all ada yet to be staked – does that matter?

“The short answer is yes, for two reasons. First, staking is what secures the Cardano network, so the more ada staked the better. And second, on an individual level, ada holders who have not delegated their coins are missing out on the rewards that are distributed to stake pools for verifying transactions and producing blocks.“

Per data by Cardano Blockchain Insights, as of August 10, 71.19% of ADA tokens in circulation was staked:

Image Credit

Featured Image via Pixabay

The most recent update on the Dogecoin network has led to issues on the world’s leading cryptocurrency exchange – Binance. Reports have emerged that the company has asked some of its users to return coins that were supposedly stuck for years and have resurfaced just now.

An Issue on the Dogecoin-Binance Front

The popular memecoin went through its 1.14.5 update earlier this week, which was intended to resolve some security problems, reduce the transaction fees, and improve the overall performance. Somewhat expectedly, the move received support from Dogecoin’s most famous proponent – Elon Musk.

However, the update caused troubles for Binance as the firm informed that it had discovered “a minor issue with DOGE network withdrawals.” Consequently, the exchange temporarily suspended DOGE network withdrawals and also contacted Dogecoin’s developer team to resolve it.

The situation has apparently taken another turn for the worse for some users, many of which took it to Twitter to complain that Binance had contacted them to ask for DOGE tokens.

The Chinese journalist Colin Wu also reported on this, saying that some of the transactions that failed years ago have now gone through, meaning that older users have received seemingly lost DOGE tokens. Wu also added that Binance has been in touch with those clients to return the funds.

Lower Fees the Issue?

The Dogecoin Developers’ team confirmed on Twitter that some transactions were indeed stuck on Binance more than a year ago and that the two parties were in contact.

While they were unable to resolve it at the time, Dogecoin’s developers updated yesterday that the transactions in question have relayed successfully following the 1.14.5 update.

The team attributed the success now to the lower transaction fees that came with the new upgrade, which was the initial problem when they were stuck.

6) Currently what we believe has happened is the previously stuck transactions have been retried automatically, as would happen on each node restart after upgrade – and went through, since now the minfee is lower….

— Dogecoin Developers (@dogecoin_devs) November 11, 2021