KuCoin has officially launched its local crypto exchange in Thailand, now known as KuCoin Thailand, in partnership with ERX Company Limited. Fully licensed by Thailand’s Securities and Exchange Commission (SEC), this new platform combines KuCoin’s global trading experience with local operations.
The launch, effective April 22, marks a major step in KuCoin’s Southeast Asia expansion, offering secure and regulated digital token and cryptocurrency services to Thai users.
“Our goal is to build a leading digital asset platform in Thailand with global vision, institutional-grade service and state-of-the-art technology,” said Henry Chen, Board Director at ERX.
Solutions Tailored To Thai Market
The operator continues to be called ERX, which recently acquired a license from the SEC. KuCoin is one of the top five crypto exchanges globally. ERX’s Chief Executive Att Tongyai Asavanund said that the goal is to bring powerful global tech and resources to offer solutions tailored to the Thai market.
All the existing users have been migrated to the new platform, which can be accessed at www.kucoin.th or via the KuCoin TH app on mobile stores. ERX, now KuCoin Thailand now has a financial base with 351 million baht in paid-up capital. It’s almost entirely owned by Cryptosphere Ventures, a company set up in September 2024 with 1 million baht in initial capital.
KuCoin Thailand becomes the ninth crypto exchange to be licensed by the SEC, joining big names like Bitkub, Upbit, and Gulf Binance. Bitkub dominates Thailand’s crypto space with a trading volume of around $70 million.
KuCoin Eyes Rapid Expansions
Previously, Thailand faced regulatory headwinds in South Korea, where KuCoin’s app was blocked without a license. KuCoin is eyeing rapid expansions across Latin America, the Middle East and Europe, with its global user base nearing 40 million. It is also pursuing an EU-wide MiCAR license through Austria.
While crypto trading is popular in the country, using crypto for payments was banned in 2022. In April, regulators targeted foreign P2P platforms to fight scams and money laundering. KuCoin is also working to resolve a lawsuit with the U.S. CFTC.
Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election
President
hinted that Americans could soon see a dramatic shift in how the government is funded, possibly eliminating federal income taxes. In a Truth Social post on April 27, Trump suggested that once his new Trump Tariff policies on imported goods are fully in place, income taxes could be “substantially reduced,” especially for those earning under $200,000 a year.
Trump introduced a new concept called the “External Revenue Service,” proposing that tariffs, rather than income taxes, could support the government. He described it as a return to an earlier model, pointing to the 19th-century Gilded Age when the U.S. operated without an income tax.
Could Lower Taxes Boost Investments and Crypto?
Lower income taxes could leave Americans with more disposable income, potentially sparking increased investment in stocks, real estate, and cryptocurrencies. Market watchers note that extra take-home pay often translates into higher consumer spending and asset growth. However, analysts caution that the broader economic impact — especially against the backdrop of Fed rate cuts and fluctuating markets — will ultimately determine whether the plan would fuel major investment surges.
Skepticism Grows Over Lack of Details
This isn’t the first time Trump has floated the idea. He previously mentioned the concept during a 2024 appearance on the Joe Rogan Experience. Critics argue that Trump has yet to provide a clear roadmap on how a tariff-funded government would work, especially at current spending levels.
Research from Dancing Numbers suggests eliminating income taxes could save the average American more than $134,000 over a lifetime, with even greater savings if payroll taxes are removed. Still, experts warn that relying solely on tariffs might not generate enough revenue without significant changes to federal spending.
U.S. Commerce Secretary Howard Lutnick, a strong supporter of Trump’s tariff strategy, has also advocated for scrapping the IRS. In January 2025, Lutnick pointed to the early 1900s, when tariffs helped make America the world’s richest country, arguing that protecting domestic workers through Trump Tariff measures could once again boost national wealth.
New Tax Proposals Emerge
Financial strategist Bert Dohmen has pitched additional tax ideas for Trump to consider. He proposes exempting seniors over the age of 76 who operate small businesses from income taxes, arguing that the administrative burden is too high for older entrepreneurs.
Dohmen also recommends offering tax incentives for families, suggesting a 10% tax exemption per child, capped at a 50% total reduction, to encourage higher birth rates — a growing concern among industrialized nations.
While Trump signed an executive order to introduce sweeping new tariffs earlier this month, frequent revisions and policy shifts have injected volatility into the markets. Stocks and bond yields have reacted sharply, with many analysts warning that the evolving Trump Tariff framework is creating more uncertainty than stability.
The instability comes at a critical time when markets are already bracing for the impact of potential Fed rate cuts later this year. Investors will closely watch how Trump’s tariff-driven vision and the Fed’s monetary policy intersect to shape the economic landscape ahead of the 2026 election season.
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President hinted that Americans could soon see a dramatic shift in how the government is funded, possibly eliminating federal income taxes. In a Truth Social post on April 27, Trump suggested that once his new Trump Tariff policies on imported goods are fully in place, income taxes could be “substantially reduced,” especially for those earning …
WIF surged 133% in 30 days, breaking out of a multi-month accumulation zone.
Price eyes $1.50 next, with $1.00 as a key resistance to watch.
On-chain data shows rising Open Interest and whale activity fueling the rally.
Recent inflow hints at potential profit-taking; RSI indicates overbought conditions.
Analysts maintain a cautiously bullish outlook if support at $0.70–$0.85 holds.
Dogwifhat (WIF), the 4th largest Solana memecoin has surged 133% in the past month, climbing from ~$0.35 to ~$0.88 after breaking out of its $0.35–$0.50 accumulation zone in early April 2025.
A key catalyst was the April 14 whale purchase of 2.7M WIF (~$2.3M at $0.77), which sparked bullish momentum.
On-chain data from CoinGlass shows WIF Open Interest rising from ~$120M to $270M by May 9, while daily trading volume doubled from ~$400M to $900M. Whale outflows peaked at -$4.70M (April 28), confirming accumulation, with a recent +$2.83M inflow (May 9) hinting at profit-taking.
Traders now eye the $1.00 resistance, with potential to test $1.50 if momentum holds. Technicals highlight a bullish setup: WIF trades above its 50-day SMA, Bollinger Bands are expanding, and RSI (~78) flags possible short-term cooling.
For live Dogwifhat (WIF) price updates, technical analysis, and market trends, visitCoinpedia’s Dogwifhat page.
Dogwifhat (WIF) price has delivered a sharp 133% rally in the past month, reviving interest after a long period of consolidation. Historically, WIF/USD chart shows the coin skyrocketed to a year high of ~$4.85 in March 2024 but later declined, eventually setting a post-cycle low around $0.35.
From February to early April 2025, the WIF price formed a multi-month accumulation zone ($0.35–$0.50), with price action compressed within tight ranges. This was accompanied by flat Bollinger Bands, signalling low volatility and indecision.
WIF broke out of the accumulation phase in early April, pushing above the $0.70 resistance level. This breakout was supported by expanding Bollinger Bands, which confirmed a surge in volatility and renewed trend momentum. The price is now trading above its 50-day SMA, a classic signal of a trend reversal.
The Bollinger Bands continue to widen, with the price hugging the upper band—a hallmark of strong breakout moves.
However, with RSI pushing into the overbought zone (~78), traders should keep an eye on possible short-term consolidation or pullbacks before the next major leg higher.
Open Interest & Volume Surge: Bullish Conviction Strengthens
CoinGlass data paints a compelling picture of Dogwifhat’s on-chain strength during its breakout. The Open Interest chart shows WIF futures OI climbing from ~$120M in mid-April to over $270M by May 9, 2025, a +125% jump, confirming increasing leveraged positions.
The Volume chart highlights that daily trading volume doubled from around $400M in early April to over $900M by May 9, 2025, matching the price rally and indicating strong market depth.
The Spot Inflow/Outflow chart showed a critical net inflow of +$2.83M on May 9, 2025 (price ~$0.675), and a significant outflow of -$4.70M on April 28, 2025 (price ~$0.616), indicating whales and large traders were strategically accumulating and moving tokens out of exchanges—typically a bullish signal showing intent to hold.
WIF Trader Sentiment: Net Buying Trends and Holder Count Indicate Growing Dogwifhat Adoption
Dune Analytics charts offer further validation of this breakout’s strength. The Buys vs. Sells chart shows that on April 25, 2025, there were 1,397 net buy transactions while the price traded around $0.60, indicating a major wave of accumulation at breakout levels.
As of May 10, 2025, net buying remained solid with 473 net buys as the price hovered near $0.80, signaling ongoing trader confidence even at higher levels. The WIF Total Holders chart records a rise to 225,098 total holders, and the Holders vs.
Price chart confirms that while WIF price surged in April–May, the number of unique wallets stayed stable and even slightly increased—showing long-term holders are not exiting en masse but staying put, which supports price sustainability.
Is $1.50 Within Reach for WIF?
Dogwifhat’s 133% rally, fueled by a breakout above $0.70 and strong on-chain metrics—Open Interest rising from $120M to $270M and volume doubling—signals solid bullish momentum.
Whale outflows and net buying reinforce accumulation, but RSI (~78) warns of overbought conditions. As long as WIF holds $0.70–$0.85 support, a push toward $1.50 within the next 1–2 weeks remains likely.
Traders should watch for short-term pullbacks near $1.00 before any sustained breakout.
The post Dogwifhat (WIF) Eyes $1.50 After 133% Breakout: Can Bulls Maintain Momentum? appeared first on Coinpedia Fintech News
Key Highlights: WIF surged 133% in 30 days, breaking out of a multi-month accumulation zone. Price eyes $1.50 next, with $1.00 as a key resistance to watch. On-chain data shows rising Open Interest and whale activity fueling the rally. Recent inflow hints at potential profit-taking; RSI indicates overbought conditions. Analysts maintain a cautiously bullish outlook …
Pi Network is expanding its footprint in the gaming market as the FruityPi game app integrates seamlessly with several Pi products. This integration would benefit the game developers by streamlining their access to Pi’s infrastructure while capitalizing on the network’s community strengths. Investors are closely watching the movement in Pi Coin amid broader market developments. Pi Network Highlights Gaming As Growth Catalyst The Pi Core Team has emphasized the role of gaming in fostering engagement and utility within the Pi Network ecosystem. The newly launched FruityPi game app serves as a prime example of this vision. Furthermore, the app integrates seamlessly with key products, including the Pi cryptocurrency, Pi Wallet, and Pi Ad Network. Thus, this integration would benefit developers by streamlining their access to the Pi infrastructure while also capitalizing on community strengths like signups, attention, and engagement. Pi Core team sees gaming as a strategic tool to deliver… Read More at Coingape.com
