Has Russia turned Kyrgyzstan’s booming crypto market into a backdoor for moving funds? A new report sheds light on how Kyrgyz-registered exchanges are helping Russian networks evade sanctions. Summary TRM Labs says Kyrgyzstan-based crypto exchanges are helping Russian networks to reroute funds. Kyrgyzstan’s crypto industry is thriving with billions in transactions, but weak oversight leaves…
With Bitcoin dominance shrinking, speculation is growing over which cryptocurrencies could lead this year’s altcoin season. Flare and Aleo are gaining traction as traders hunt for the next major altcoin movers. Let’s find out why. Summary Bitcoin dominance has declined by 4.8%, prompting increased rotation into altcoins like Flare, Aleo. Flare rallied 52% in a week following a…
What happens when the world is trapped in endless wars, drowning in debt, and unwilling to raise taxes? According to Arthur Hayes, it sets the stage for one of the biggest crypto rallies in history. Summary Arthur Hayes sees wartime deficit spending and central bank liquidity as major catalysts for crypto. He forecasts Bitcoin reaching…
South Korea’s Financial Supervisory Service has verbally instructed local asset managers to limit exposure to crypto-linked stocks such as Coinbase and Strategy in ETFs, citing a 2017 policy that bars institutional investment in virtual assets. Summary South Korea’s FSS has informally directed asset managers to reduce ETF exposure to crypto-linked stocks like Coinbase and Strategy….
Spark rallied for the second straight day, breaking out of a key resistance level as smart money and whale accumulation continue to build momentum. Summary Spark (SPK) surged to an all-time high of $0.1206, up 94% on the day and nearly 275% for the week, amid record trading volume exceeding $1.46 billion. Whale and smart…
ONDO, the native token of the decentralized finance protocol Ondo Finance, is getting fresh enthusiasm after a new ETF filing put it in the spotlight. Summary ONDO jumped 8% after 21Shares filed for a spot ONDO ETF with the SEC, triggering heavy trading and a 13% intraday swing. The 21Shares Ondo Trust will hold ONDO…
Shortly after approving the Bitwise 10 Crypto Index Fund conversion, the U.S. Securities and Exchange Commission paused the decision for a full Commission review. So, why is the SEC halting approvals? Summary Bitwise’s ETF approval was halted just hours after clearance, leaving its multi-asset crypto fund in regulatory limbo. Grayscale’s GDLC faced a similar stay…
The Spark token price spiked to a record high this week, continuing a trend that started on July 9 when it crashed to an all-time low. Spark (SPK) soared to $0.096 at last check Tuesday from an all-time low of $0.0467. This surge happened in a high-volume environment, with its trading volume exceeding $1.28 billion….
After years of silence, a SpaceX-linked wallet has suddenly moved $152 million in Bitcoin, prompting fresh concerns over what it could mean for BTC’s next price move. According to data from blockchain analytics platform Arkham Intelligence, on July 22, a wallet linked to Elon Musk’s multibillion-dollar space enterprise, SpaceX, had transferred 1,308.45 BTC, valued at…
Roman Storm’s defense is reportedly planning to seek a mistrial after a government witness linked to a romance scam failed to establish direct ties to Tornado Cash. According to the Inner City Press, the Tornado Cash co-founder’s lawyers raised the issue before U.S. District Judge Katherine Polk Failla on Monday. The development followed testimony from…
