Crypto
AI Summary
- Bitcoin ETFs have seen substantial inflows, reaching $338 million in a single day and extending a six-day streak to $2.26 billion, indicating renewed institutional interest.
- The U.S. government is intensifying its crackdown on crypto, targeting Iran's crypto sector with sanctions related to oil payments and expanding efforts to encompass other illicit activities.
- Thailand is moving towards approving Bitcoin and Ether ETFs, with draft rules suggesting a more regulated environment for crypto investment products in the region.
- Standard Chartered has made history by becoming the first bank to distribute a Hong Kong dollar stablecoin, signaling growing mainstream financial integration.
- The crypto market is experiencing a notable rally, with Bitcoin surpassing $80,000 and altcoins, including memecoins, seeing significant price increases, though some analysts caution about overbought conditions.
Sources
Cointelegraph
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Bitcoin RSI bullish divergence draws 2022 comparisons as analysis weighs new price trend
2 hours ago
by Cointelegraph by William Suberg
MarketsBitcoin price analysis eyes the potential end of its current macro downtrend based on weekly RSI signals.
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Thailand moves closer to Bitcoin, Ether ETFs with draft rules
2 hours ago
by Cointelegraph by Helen Partz
Latest NewsThailand’s SEC opened consultations on local Bitcoin and Ether ETF rules and qualification standards for foreign digital asset custodians.
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Standard Chartered becomes first bank distributor of HKD stablecoin
3 hours ago
by Cointelegraph by Ezra Reguerra
Latest NewsThe bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking.
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Galaxy puts Coldcard hack losses at 1,789 BTC, with 87% unmoved
4 hours ago
by Cointelegraph by Helen Partz
Latest NewsGalaxy Research’s latest tally shows that more than half of 221 Coldcard hack victim reports involved individual losses exceeding 1 Bitcoin.
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Business owner faces up to 280 years over $24M crypto Ponzi scheme
5 hours ago
by Cointelegraph by Ezra Reguerra
Latest NewsA federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors.
CoinDesk
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A bitcoin short squeeze for the ages as futures open interest collapses
2 hours ago
by James Van Straten
Markets, Bitcoin News, NewsFalling open interest and subdued funding rates suggest the rally remains structurally healthy.
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Bitcoin extends 7-day advance to roughly 25%
2 hours ago
by Francisco Rodrigues
Markets, Crypto Markets Today, NewsBitcoin crossed $80,000 for the first time since May, extending its seven-day advance to roughly 25%.
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Solana ETFs extend growth streak to 5 days after year's biggest inflows
2 hours ago
by Olivier Acuna
Markets, Solana News, ETFs, NewsMonday's $33.5 million was the largest single-day inflow since December, pushing cumulative net inflows to a record $1.22 billion and trading volume to $166.8 million.
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U.S. widens Iran crackdown to encompass crypto, gold, shipping and technology
4 hours ago
by Francisco Rodrigues
Policy, Iran, NewsTreasury says Ivan Obukhov processed over $100 million in crypto for IRGC-QF oil sales since 2023.
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Franklin Templeton and Hashkey roll out U.S. tokenized money fund in Asia
5 hours ago
by Olivier Acuna
Finance, Tokenization, NewsTokenized U.S. treasury and money market funds are one of the fastest-growing segments in the digital asset markets, growing fifteenfold in two years.
Decrypt
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Jury Convicts Las Vegas Man of $24M AI Crypto Mining Ponzi Scheme
2 hours ago
by Decrypt Agent
CoinsBrent Kovar told at least 400 investors a supercomputer was mining crypto for them, and that their money was insured by the FDIC.
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US Can Now Sanction Anyone Operating in Iran's Crypto Sector
2 hours ago
by Decrypt Agent
Law and OrderDigital assets are among five sectors in a campaign Treasury called an “Economic D-Day,” alongside technology, gold, aviation and shipping.
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Franklin Templeton's Tokenized Treasury Fund Lands on HashKey
3 hours ago
by Decrypt Agent
BusinessThe $1.8 trillion manager is putting its onchain money market fund on the Hong Kong exchange's Earn channel.
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Hugging Face Explores $13 Billion Sale a Month After a Rogue OpenAI Agent Hacked It
14 hours ago
by Jose Antonio Lanz
Artificial IntelligenceThe open-source AI hub is fielding buyout interest at nearly triple its 2023 valuation, weeks after a security breach and days after Stripe's OpenRouter deal reset the price of AI infrastructure.
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Strive Buys $81.5 Million in Bitcoin After Issuing More Shares
15 hours ago
by Jason Nelson
CoinsThe company increased its Bitcoin holdings by 5.5%, but its Bitcoin per fully diluted share rose only about 1.4%.
AMBCrypto
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Bitcoin ETF demand hits $337.6M – But THESE 2 issuers dominate bid
an hour ago
by Muriuki Lazaro
Bitcoin, News, Social, Trading View, ambcryptoBitcoin’s recovery is drawing stronger regulated demand as investors absorb BTC faster across U.S. and European investment products.
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CASHCAT surges 53%, hits a new ATH – Can bulls sustain these massive gains?
2 hours ago
by Gladys Makena
Memecoins, News, Social, Trading ViewCASHCAT rallied 53% to a new all time high of $0.23,rising whale's profit margins.
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Coinbase’s Q2 miss – Why Bernstein still sees 85% upside for COIN
2 hours ago
by Benjamin Njiri
Global News, News, Social, Trading View, ambcryptoCoinbase-backed Stand With Crypto has endorsed 32 more pro-crypto candidates ahead of November elections.
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Cosmos requests validators to ‘halt their chains’ after EVM breach: 148.3M KII lost
2 hours ago
by Muriuki Lazaro
News, Social, Trading View, ambcryptoMultiple Cosmos EVM chains faced different levels of disruption as teams worked to contain the shared security issue.
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Solana crosses $100, now retests $103.50 – How soon before SOL breaks $115?
3 hours ago
by Muriuki Lazaro
Altcoin, Analysis, HideCryptopanic, News, Social, Trading ViewSOL’s breakout holds above key support as rising ETF activity adds momentum to Solana’s renewed market strength.