Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Crypto World

Bitcoin Has Already Spent 42 Days Building Its Bottom, This Metric Says

Published

on

Bitcoin Has Already Spent 42 Days Building Its Bottom, This Metric Says

Bitcoin (BTC) has been counting down to its next bottom for nearly two months, a classic onchain metric suggests.

Key points:

  • BTC supply in loss passed 50% for the first time this bear market in early June.
  • In previous bear markets, that event sparked a countdown to a new BTC price macro bottom.
  • Separate data hints that the bull market’s “emotional premium” has now gone.

Supply in loss countdown already Bitcoin’s second-longest

In its H1 2026 Round-Up report, crypto research company K33 Research flagged more than 50% of the BTC supply now being held at a loss.

A typical bear-market feature, supply in loss has become a yardstick for progress toward macro bottoms for BTC/USD.

K33 data shows that once supply in loss passes the 50% mark, the bottom has come no more than 101 days later. Bear markets have provided various time frames, with the shortest bottom “window” lasting just 13 days in 2022.

Advertisement

The 2018 bear market required 23 days to reach its floor, while in 2014, Bitcoin continued to decline for 101 days after the 50% supply-in-loss mark was hit. 

In 2026, supply in loss repeated standard bear-market behavior, crossing 50% on June 5. Since then, 42 days have elapsed, making this year’s bottom window Bitcoin’s second-longest ever.

BTC supply in loss and days until bear-market bottom (screenshot). Source: K33 Research

In accompanying commentary, K33 observed that returns over the year following the phenomenon “tend to be very solid.”

Earlier this month, Axel Adler Jr., a contributor to onchain analytics platform CryptoQuant, estimated that supply in loss was around two months away from levels that correspond to bear-market bottoms.

Advertisement

CryptoQuant data puts supply in loss at 46% as of July 17.

“Distribution of capital” teases silver lining

Continuing, CryptoQuant eyed what it described as “rare” readings from Bitcoin investor cost-basis models.

Related: Bitcoin $107K buyers providing ‘early signals’ of 2026 bear-market bottom: Glassnode

The realized cap variance (RCV) model, which measures the difference between realized cap and market cap, currently sits in the bottom six percent of its historical range.

Advertisement

“Instead of tracking price alone, it isolates the variance between realized cap and market cap relative to its own rolling history, capturing how stretched or compressed investor cost basis has become versus current valuation,” contributor Crazzyblockk explained in a QuickTake blog post on Thursday. 

“When that variance compresses into deeply negative z-score territory, the emotional premium built during rallies has largely been priced out. The metric doesn’t read narrative, it reads the distribution of capital.”

Bitcoin RCV data (screenshot). Source: CryptoQuant

At -2.35, standardized RCV’s Z-score is once again pointing to the final stages of the Bitcoin bear market.

“Every prior stretch where the model spent extended time below a -2.0 z-score, late 2018, mid-2022, early 2015, preceded forward twelve-month returns north of 75%,” the post noted. 

“The most extreme reading in this dataset, -4.68 in November 2018, landed almost exactly on Bitcoin’s cycle bottom near $3,792.”

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

UK Sentences Two Tied to $115M Crypto Ransom, Public Transport Breach

Published

on

UK Sentences Two Tied to $115M Crypto Ransom, Public Transport Breach

The United Kingdom National Crime Agency (NCA) and City of London Police said two men associated with the “Scattered Spider” hacking group were sentenced to five years and six months in prison.

The two pleaded guilty during their first court appearance at Woolwich Crown Court on June 22 and were sentenced on Thursday, according to a press release from the NCA.

British authorities said the pair were part of the Scattered Spider cybercrime group, which investigators have linked to high-profile ransomware and cryptocurrency extortion attacks targeting companies in the UK and the US.

The hacking group was linked to the infiltration of London’s public transport network in September 2024, leading to a reported 29 million British pounds ($38.9 million) in losses and recovery costs.

Advertisement

US prosecutors linked the Scattered Spider group to collecting $115 million in crypto ransom payments from at least 47 US companies, according to a September press release from the Department of Justice (DOJ).

The group was also accused of breaching Caesars Entertainment and stealing a large customer database in September 2023, prompting the company to pay a $15 million ransom in Bitcoin (BTC).

US prosecutors said the group’s attacks disrupted businesses and organizations nationwide, including critical infrastructure and the federal court system.

Source: Dark Web Informer

Advertisement

Related: MacOS malware hijacks Telegram sessions, targets crypto wallets: SlowMist

FBI seized $36 million from Scattered Spider-linked wallets

In July 2024, the FBI seized about $36 million worth of cryptocurrency from Scattered Spider-linked wallets, according to the DOJ’s September release.

According to the DOJ, investigators linked the group to at least 120 computer network intrusions. It said the FBI traced and seized digital assets tied to wallets allegedly controlled by members of the group as part of its investigation.

“These malicious attacks caused widespread disruption to US businesses and organizations, including critical infrastructure and the federal court system, highlighting the significant and growing threat posed by brazen cybercriminals,” said Matthew Galeotti, then acting assistant attorney general of the Justice Department’s Criminal Division.

Advertisement

Magazine: Does Botanix’s failure prove Bitcoiners don’t care about DeFi?

Source link

Continue Reading

Crypto World

Maestro Supports Robinhood Chain: The Fastest Trading Bot on the New L2

Published

on

Maestro is live on Robinhood Chain, the new Ethereum layer-2 built on Arbitrum that has quickly become one of the busiest spots in crypto for memecoins and new launches. Attention around the chain continues to rise, led by CASHCAT and the new tokens launching in its wake.

The market moves fast, and Maestro keeps you ahead.

Maestro runs entirely in Telegram, so there’s no separate app or extension standing between you and a trade. Everything happens in one place, from your first buy to managing an open position. Decide to trade and you’re in, no delay, no detours.

What is Robinhood Chain

Robinhood Chain is Robinhood’s own Ethereum layer-2, built on Arbitrum. Robinhood positioned the chain around tokenized stocks and real-world assets, but memecoin trading took off just as quickly. Low fees and quick transactions make it a natural fit for high-frequency trading, and that’s the version Maestro is built for: fast, permissionless, and running around the clock.

Advertisement

Here’s everything the Robinhood Chain trading bot puts in a trader’s hands.

What you can do on Robinhood Chain

Maestro arrives fully loaded on Robinhood Chain, with fast execution, extensive DEX and launchpad coverage, and all the tools you need to move first.

Speed comes first. Quick buys and swaps get you into a position while a token’s still running, buying the moment you click, with no approval step in the way. When a token’s moving, every second counts, and Maestro can get you there first.

For the moves you’d rather not sit and watch, limit orders let you set your price and step away. Maestro executes the moment the market hits it. Catch a dip you’ve been waiting on, or take profit at your target while you’re nowhere near the screen.

Advertisement

When the smart money’s already positioned, copy trading puts you on the same side. Track any wallet worth following and Maestro copies every trade that wallet makes in real time, so you’re never the last one in.

Coverage that keeps growing

Robinhood Chain’s onchain activity has exploded, and new tokens don’t all launch in the same place. Miss where one launches and you miss the trade. Maestro gives you the fastest access to every launchpad and DEX that matters. Trading is live across Uniswap v2, v3 and v4, with launchpad support across Virtuals, Bankr, Flap.sh, Livo.trade, Trench.today, Bags.fm, RobinFun, LeaveHood, HoodFun, ApeStore, Noxa, Printr, Pons and more. New integrations land as fast as they launch, so you’re covered wherever the next run starts.

More money back with every trade

Cashback is Maestro’s way of paying you back for trading. Every trade returns up to 30% of your trading fees, and on a chain built for fast, high-volume trading, that adds up quickly. Cashback applies on every chain Maestro supports, Robinhood Chain included, so the more you trade, and the more chains you trade across, the more of that cost comes back to you. Few trading bots make staying active this rewarding.

Bridge in without leaving the chat

Moving funds onto Robinhood Chain has never been simpler. Maestro handles bridging directly in the bot, and offers two routes depending on what matters most. Relay Protocol is the fast, lower-cost option when you just want funds on the chain and ready to trade. Houdini Swap is the private one, routing your funds so there’s no link left between your wallets. Either way, bridging is part of the same flow as your first trade, not a separate errand before it.

Advertisement

Trading Robinhood Chain, start to finish

Getting in is quick. Open Maestro in Telegram, bridge funds onto Robinhood Chain through Relay Protocol or Houdini Swap, and you’re ready to trade. Paste a token’s contract address, set your buy amount, and the order goes through at the best available price in a couple of taps. From there, you manage everything in the same chat. Set a limit order to take profit, add to a position that’s working, or sell whenever you want. No tab-hopping needed.

The original bot, on a new chain

Maestro didn’t just show up for Robinhood Chain. The first Telegram trading bot has spent years proving itself on the fastest, most competitive chains in crypto, and all of that experience came to Robinhood Chain from day one. Traders here get the same engine that’s earned trust everywhere else Maestro runs, with the full toolkit ready from the start.

Another chain, another edge

Robinhood Chain is one of the fastest-evolving markets in crypto, and Maestro is all hands on deck to give traders the edge they deserve. That means deeper coverage and faster execution as the chain evolves. That’s how Maestro has always operated, and how it keeps setting the standard for trading bots everywhere.

Start trading on Robinhood Chain with Maestro today.

Advertisement

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and to do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

The post Maestro Supports Robinhood Chain: The Fastest Trading Bot on the New L2 appeared first on CryptoPotato.

Source link

Advertisement
Continue Reading

Crypto World

Panic Hits Japan and South Korea Markets: Can Crypto Become the Big Winner?

Published

on

Panic Hits Japan and South Korea Markets: Can Crypto Become the Big Winner?

South Korea’s Kospi has entered a technical bear market while Tokyo’s Nikkei sank again on Friday, as an unwinding AI trade exposes structural fragilities across Asia’s biggest developed economies.

Both governments are simultaneously opening legal doors for digital assets, an overlap worth watching closely.

The AI Trade Unravels Across Seoul and Tokyo

A technical bear market is a decline of 20% or more from a recent peak, a threshold the Kospi crossed after falling from the record high it set last month. The reversal followed an extraordinary run.

At its peak, the index had jumped 116% this year, lifting South Korea to the world’s sixth-largest stock market. Leverage fueled much of that climb, and now it fuels the descent.

Advertisement

Outstanding leveraged bets hit a record 29.2 trillion won, roughly $19.7 billion, in early July. Retail investors piled into single-stock ETFs tied to Samsung Electronics and SK Hynix, seeking exposure to artificial intelligence with borrowed money.

Follow us on X to get the latest news as it happens.

Analysts see uncomfortable echoes. Jin Qianjing, from Shenwan Hongyuan Group, warned that Korean stocks could amplify sentiment across global technology markets given their high leverage.

The comparison most often drawn is to China in 2015, when margin debt and a retail frenzy preceded a meltdown that erased trillions. China’s Star Market 50 Index has already retreated more than 10% in two weeks.

Advertisement

Japan tells a parallel story. The Nikkei 225 slid again on Friday, trading near its lowest levels in over a month, as heavy selling in chip-related names dragged it lower.

Tokyo Electron, Advantest, and SoftBank Group all posted steep losses. Taiwanese shares fell alongside them, while AI valuations face sustained pressure over sustainability concerns.

Can the Crisis Accelerate Crypto Adoption in South Korea and Japan

The timing creates a curious contrast. While equity markets convulse, both countries are formalizing crypto inside their financial systems.

Advertisement

Japan’s parliament passed amendments to the Financial Instruments and Exchange Act on July 15. The reform classifies crypto as financial products rather than payment tools, aligning them with stocks and bonds.

The package introduces insider trading bans, issuer disclosures, and penalties of up to 10 years in prison. It also establishes a flat 20% tax expected from January 2028, replacing rates that climbed toward 55%.

Domestic spot crypto ETFs become legally possible under the new framework. Approval remains uncertain, though exchanges reportedly eye first listings around 2027.

“The reform does not classify Bitcoin or Ethereum as securities. Instead, it recognizes crypto assets as investment products and introduces investor protection, disclosure requirements, and market surveillance similar to those in traditional financial markets,” XWIN said, cited by CryptoQuant.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights.

Advertisement

South Korea moved days earlier in a different direction. Seoul announced the National Asset Basic Act, which recognizes digital assets as part of state wealth alongside real estate and intellectual property.

That law governs roughly 1,400 trillion won in public holdings and replaces a framework dating to 1950. Tokenized government bonds and security tokens for state real estate sit inside the same agenda.

The convergence matters for adoption. Household savings in Japan approach $13 trillion, and even marginal reallocation would dwarf current crypto inflows.

Advertisement

Whether the crisis actually pushes capital toward digital assets remains unproven. Investors burned by leveraged AI bets may prefer safety over volatility, and regulatory clarity does not guarantee demand.

Still, the sequence itself is notable. Two economies confronting structural strain are simultaneously building the legal plumbing required for institutional crypto participation.

The post Panic Hits Japan and South Korea Markets: Can Crypto Become the Big Winner? appeared first on BeInCrypto.

Advertisement

Source link

Continue Reading

Crypto World

Bullish ADA Predictions, SOL Shows Rally Potential, and More: Bits Recap July 17

Published

on

Cardano’s ADA has been struggling to remain in crypto’s top 20, and its recent performance has been quite concerning (to say the least). Even so, analysts continue to float optimistic price targets for it.

Solana’s native token has flashed signs of an uptrend, while Ethereum (ETH) might be heading toward the biggest crash in its history.

ADA’s Latest Forecasts

The asset’s price has slipped well below $0.20 and is among the most severely affected by the prolonged bear market. X user The Boss noted the downward structure but reminded that the strongest reversals begin during such a negative environment when “almost nobody is paying attention.”

CryptoJack and Celal Kucuker also chipped in. The former spotted the formation of an inverse head-and-shoulders pattern on ADA’s chart, which has historically been a precursor of a rally, while the latter envisioned a parabolic increase to a new all-time high of $5.

Advertisement

The whale activity supports the bullish perspective. Investors holding between 100,000 and 100 million ADA have boosted their total possessions to more than 25.6 million coins, while those owning fewer than 100 units have reduced their exposure. This combination represents a healthy setup for the token, yet it can’t 100% guarantee a short-term pump.

Of course, not everyone is so optimistic. X user Alexander Legolas believes that Bitcoin (BTC) may soon tumble to $48,000, dragging ADA to around $0.10 along the way.

SOL’s Targets

Solana’s native cryptocurrency currently trades at around $75 (per CoinGecko), but some market observers think it may soon head north to much higher levels.

Ali Martinez recently argued that the Average True Range (ATR) stop has flipped below price, marking the first SuperTrend buy signal on the asset since October 10. That said, he projected a possible rise to $96 and even $121.

Advertisement

Michael van de Poppe suggested that SOL could stage a decisive comeback should it stay above $73, while the rising fear, uncertainty, and doubt (FUD) around the project may also be considered good news. After all, this means that most weak-hand investors have already exited, potentially setting the stage for a meaningful recovery.

ETH Crash Incoming?

Earlier this week, the second-largest cryptocurrency tried to reclaim the $2,000 psychological mark, but failed and now trades at approximately $1,830. And while many investors eagerly await a substantial rebound, certain analysts warned that a major collapse could be on the way. Crypto Rover told his 1.6 million followers on X that ETH might repeat previous cycles that ended in “devastating sell-offs.”

“The worst may still be ahead,” he added.

Ash Crypto is in the completely opposite corner. They reminded that every time the Russell 2000 hits a new all-time high, ETH has followed with a parabolic move in the next 12-18 months.

“We are seeing the same setup now. If history repeats, ETH could be gearing up for one of its biggest runs yet,” the analyst concluded.

The post Bullish ADA Predictions, SOL Shows Rally Potential, and More: Bits Recap July 17 appeared first on CryptoPotato.

Source link

Advertisement
Continue Reading

Crypto World

Some SpaceX bonds have already sunk to junk-like territory

Published

on

The value of SpaceX’s longest-dated series of bonds shriveled to 90.7 cents on the dollar this week while their effective yield sank to a junk bond-like rate of 7.5%.

This is despite bond investors lending Elon Musk’s company billions of dollars and signaling their willingness to delay principal maturity until 2056.

The 9.3% collapse ranks SpaceX’s long bonds dead last among 1,450 benchmark corporate notes rated US investment-grade “BBB.”

The notes’ credit spread, i.e. the extra yield lenders demand for taking idiosyncratic SpaceX risk, has worsened from 175 basis points at issuance to 231.

Advertisement

At the same time, the stock price of Musk’s company has also been cratering from its high and even trading below its IPO price, so it is not surprising to see the value of its bonds follow suit.

Stock chart of SpaceX since IPO. Source: TradingView.

A collapse from highs to lows at SpaceX

For obvious reasons, bond prices typically correlate to quick downturns in common stock prices of the corporate issuer.

Fear is often company-wide and not usually unique to its creditworthiness as distinct from its general business prospects. 

A bond trader at Post Oak Group explained the irony of SpaceX needing to raise capital from bond markets so early into its life as a public company.

“Two weeks after the largest IPO in history, SpaceX is already tapping debt markets while carrying a $5 billion net loss and CapEx [capital expenditures] that more than doubled year over year,” he told CNBC. 

Advertisement

Indeed, SpaceX’s own filings show company-wide CapEx jumping 86% to $20.7 billion — not quite double, but close enough.

Meanwhile, SpaceX also absorbed more money-losing operations from the Grok side of X, the xAI segment which has lost $6.4 billion from operations.

Worse, SpaceX started subsidizing xAI in the middle of an AI industry-wide borrowing binge. Nvidia, SpaceX, and Amazon unloaded $75 billion of bonds on investors in a matter of weeks, emptying bond traders’ pocketbooks right when SpaceX needed to borrow more.

With lots of supply, the answer is predictable: lower prices.

Advertisement

Read more: 28,000 crypto wallets pledged $560M for SpaceX shares they didn’t get

SpaceX priced its first-ever bond sale on June 23 in five slices maturing between 2031 and 2056. It had another $20 billion bridge loan earlier this year.

Initially, demand seemed bottomless. Buyers happily placed nearly $90 billion of orders at issuance. Then, the bonds started trading.

Buyers at issuance logged roughly $305 million of paper losses in the first two days of secondary trading. 

Advertisement

The difference between a bond’s yield and its price

SpaceX’s bonds (aka “notes”) maturing in 2056 pay a fixed 6.65% coupon. That means the company must pay $66.50 per year, for 30 years, on every $1,000 of face value. 

Those payments (aka “coupons”) are fixed. The price of those bonds, however, fluctuates in terms of their overall value to an investor. 

In other words, what buyers will pay for that fixed stream of payments fluctuates on a daily basis. This is the variable “price” of the bond, which is distinct from its yield of coupon payments.

Anyone buying bonds at a discount locks in a fatter return, because the stream of payments is constant. Price and yield are two ends of a seesaw; one falls, the other rises.

Advertisement

In the case of SpaceX, its bonds sold in June at 99.45 cents on the dollar and slid to 94.52 cents by July 7. They now fetch an even worse 90 cents on the dollar, enough to push the effective yield (due to the bonds’ lower price) to a junk-like rate of 7.5%.

Next, the bond “spread” is the portion of that yield above the US Treasury bond rate, and it is risk premium mostly attributable to SpaceX.

When that spread widens, or gets larger, the market is repricing SpaceX as less creditworthy. 

Man Group calculated that SpaceX’s 30-year bonds pay a bigger effective yield than the average junk-rated borrower, despite an investment-grade rating.

Advertisement

Bondholders and shareholders grieve together

Common shareholders of SPCX have similar grievances. 

Advertisement

Their stock peaked at $225.64 on June 16, days after an IPO that ultimately raised $85.7 billion. Since then, they’ve surrendered more than $1 trillion in market capitalization. 

When SpaceX revealed its bond sale on June 22, SPCX shares dropped 16% in a day. On Thursday, SPCX closed at $131.11, its first finish below the $135 IPO price, and roughly 42% off the peak.

Equity holders can at least tell themselves a story about traveling to Mars. Bondholders own no upside on the possibilities of space travel, only the hope for a full slate of coupon payments.

SpaceX still owes its lenders three decades of 6.65% coupons. Yet within three weeks, an increasingly uncertain market has already discounted many months of those payments by repricing those bonds lower.

Advertisement

Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on XBluesky, and Google News, or subscribe to our YouTube channel.

Source link

Advertisement
Continue Reading

Crypto World

Playbook for WEEX Cup 2026: Data Intelligence, Predictive Insight, and $1M in Community Rewards

Published

on

Playbook for WEEX Cup 2026: Data Intelligence, Predictive Insight, and $1M in Community Rewards

Every World Cup produces a moment nobody saw coming. This year, WEEX, a world leading crypto exchange, gave its community three ways to get ahead of it: a live prediction data report with Foregate, a $1,000,000 Dice Rush campaign, and an interview with football legend Michael Owen that ended up predicting the tournament’s biggest upset before it happened.

The Guide That Reads the Tournament Like a Market

WEEX teamed up with ForeGate, the Solana-based on-chain prediction market, to publish the ForeGate 2026 World Cup Winning Guide — a living report tracking advancement odds, likely matchups, and title paths as the tournament unfolds.

The idea was simple: treat football like a market, not a guessing game.

Where most World Cup content freezes on kickoff day, this one kept moving — updated as results came in, odds shifted, and underdogs made their case. While the tournament kept changing, WEEX made sure the data changed with it.

Advertisement

WEEX Cup: Where Every Roll Could Be Worth $1,000,000

Alongside the data, WEEX built something louder: WEEX Cup – Dice Rush, a World Cup-themed event backed by a $1,000,000 USDT prize pool, plus trial fund, token rewards and more!

The mechanics are built for momentum, not complexity:

  • Earn dice — complete tasks like deposits, trading, or inviting friends
  • Roll to win — move across the board, unlock BTC, ETH, USDT, coupons, and more
  • Stack points — unlock milestone rewards and enter WEEX Cup match predictions
  • Back a champion — use points to support the team you believe will lift the trophy, then share the prize pool with everyone who called it right

Users who picked less-favored outcomes were positioned for bigger rewards — a mechanic that turned out to be more prophetic than anyone expected.

The numbers tell the story. Over 100,000 users have joined the event so far. More than $1,000,000 in rewards has already been distributed, with top winners claiming over $2,000 each.

One line sums up the design philosophy: the crowd isn’t always right, and the ones who bet against it get paid more for being early.

When WEEX and Michael Owen Predicted the Upset Before It Happened

Weeks before Cape Verde became the story of the tournament, WEEX COO Andrew Weiner sat down with football legend Michael Owen to talk about what makes this World Cup different.

Advertisement

One line from that conversation stands out now:

“When you’re in the minority of opinion, you have the biggest chance for the biggest value.”

Owen went further, pointing to the tournament’s expansion to 48 teams as fertile ground for exactly this kind of surprise:

“There’s possible value in certain situations — it’s down to people to try to find it.”

Advertisement

Then Cape Verde happened.

A nation of 546,000 people, ranked outside the world’s top 70, playing in its first-ever World Cup — and it didn’t just show up. It drew Spain 0-0. It drew Uruguay 2-2. It drew Saudi Arabia 0-0, advancing out of the group stage without winning a single match, one of only five teams in World Cup history to do so.

Then, in the round of 16, Cape Verde held reigning champions Argentina to a 1-1 draw through regulation time — before finally falling 3-2 in extra time.

Four matches. Three former World Cup champions faced. Zero regulation-time losses.

Advertisement

It was, by every measure, the value Owen had described weeks earlier — found by a team nobody was pricing in.

A football legend called it before the tournament even started. That’s the kind of insight WEEX brought to its community.

WEEX’s World Cup Journey: Three Moves, One Idea

Report, game, and conversation weren’t three separate campaigns. They were one belief, expressed three ways:

The best value in football — and in markets — is rarely where everyone’s already looking.

Advertisement

WEEX didn’t just watch the World Cup happen. It built tools to help its community read it, play it, and occasionally, predict it before the world caught on.

Disclaimer: This information does not hold any official affiliation, sponsorship, or endorsement with FIFA or any official international football governing body. 

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era delivering real time AI news, empowering users with AI trading tools, and exploring innovative trade to earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

Advertisement

Instagram: @WEEX Exchange

Tiktok: @weex_global

Youtube: @WEEX_Official

Discord: WEEX Community

Advertisement

Telegram: WeexGlobal Group

The post Playbook for WEEX Cup 2026: Data Intelligence, Predictive Insight, and $1M in Community Rewards appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

ESMA Enlists 14 New CASPs in MiCA Register as Licensing Slows

Published

on

Crypto Breaking News

Europe’s MiCA licensing pipeline added 14 more crypto-asset service providers to ESMA’s interim Markets in Crypto-Assets (MiCA) register in the second post-deadline update, bringing momentum down from the larger first wave after the transitional period ended.

According to an ESMA update published on Thursday, the total number of licensed crypto-asset service providers (CASPs) now stands at 294. The latest entries include Ripple Payments Europe (Ripple’s European payments business), Bison Bank based in Portugal, and Croatia’s state-owned Hrvatska poštanska banka (HPB).

Key takeaways

  • ESMA added 14 CASPs in the latest MiCA register update, taking the licensed total to 294.
  • Banking groups are prominent among new entrants, including institutions from Germany, Portugal, and Croatia.
  • EMT and ART registers did not change: 21 EMT issuers remain unchanged, and ART still lists no approved issuers.
  • ESMA also expanded its non-compliant list by two entities after actions by Italy’s CONSOB.

MiCA register slows after an initial surge

ESMA’s latest expansion arrives after a more aggressive update on July 3, when the regulator added 37 CASPs in its first major post-deadline roll-out following the end of MiCA’s transitional period. The difference in scale—37 entries the first time versus 14 this update—suggests a shift from the fastest initial licensing push into a steadier, slower cadence.

Still, the register’s upward trajectory remains important for firms planning market entry. For investors and market participants, the register functions as an on-the-record signal of which providers are operating under MiCA’s licensing umbrella, rather than relying only on voluntary or transitional arrangements.

Banks and payment providers extend regulated crypto services

The newest CASP entries underscore how established financial institutions continue to embed crypto services within regulated frameworks. Alongside Ripple Payments Europe and the banks already named, ESMA’s update includes German cooperative banks Volksbank Schwarzwald-Donau-Neckar and Raiffeisenbank Auerbach-Freihung.

Advertisement

ESMA also listed Kaiser Partner Privatbank, a Liechtenstein-based private banking group, further expanding the footprint of wealth and private banking providers offering crypto-related services under MiCA.

The latest additions build on a broader pattern already visible in ESMA’s interim register, which includes dozens of traditional finance firms—such as Spain’s BBVA and CaixaBank, Germany’s Commerzbank, France’s CACEIS Bank, and Standard Chartered Luxembourg.

EMT and ART issuance remains largely static

While CASP licensing activity continues to progress, ESMA reported no changes to two token-specific registers that track stable-value and reference-asset products.

For electronic money tokens (EMTs)—crypto-assets designed to maintain a stable value against a single official currency—ESMA’s register remains at 21 unique issuers. For asset-referenced tokens (ARTs), which are designed to track multiple assets such as currencies or commodities, the register continues to show no approved issuers.

Advertisement

That divergence matters because it points to uneven readiness across MiCA’s product categories. CASPs can continue onboarding under MiCA’s service rules, while token issuance—particularly ARTs—appears to be moving at a slower pace.

Non-compliant register adds two entities

Separately from the licensed CASP framework, ESMA also updated its non-compliant register by adding Reversal Investment Group and Kortex.

ESMA said the additions followed enforcement actions by Italy’s securities regulator, the Commissione Nazionale per le Società e la Borsa (CONSOB). With these additions, the non-compliant list now totals 164 entries, including crypto exchange MEXC.

For market participants, non-compliant listings are a caution flag: they indicate entities that ESMA deems to be outside MiCA’s compliance expectations. Traders and users looking for regulatory clarity typically treat the contrast between the licensed register and the non-compliant register as a practical guide for due diligence.

Advertisement

What to watch next

With ESMA’s CASP register continuing to climb—while EMT and especially ART approvals remain comparatively constrained—investors should watch whether token issuance accelerates in the next updates and how quickly the gap between service-provider licensing and token product approvals narrows under MiCA.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Source link

Advertisement
Continue Reading

Crypto World

Argentine judge orders freeze of 25 crypto wallets in $LIBRA probe

Published

on

Argentine judge orders freeze of 25 crypto wallets in $LIBRA probe

Argentine court has ordered the identification of holders behind 25 cryptocurrency wallets and frozen assets linked to the $LIBRA token investigation after authorities traced millions of dollars across multiple blockchain networks.

Summary

  • An Argentine judge has ordered the identification of holders behind 25 crypto wallets and frozen assets linked to the $LIBRA investigation.
  • Investigators traced nearly 498,539 USDT through multiple wallets, with several transactions passing through Binance, Bybit, OKX, and Bitfinex.
  • Authorities are seeking KYC records and transaction data after tracing about $8.2 million that began moving again in May.

According to Argentine newspaper Clarín, Federal Judge Marcelo Martínez de Giorgi issued the order after reviewing a report from the Cybercrime Technical Department of the Argentine Federal Police, which reconstructed the movement of crypto assets linked to the $LIBRA case from May onward. 

The order seeks account holder identities, know-your-customer records, IP addresses, transaction histories, and other information that could identify those behind the transactions.

Advertisement

The latest measure centers on 25 wallets believed to have handled part of the money left with the creators of the $LIBRA token following its failed launch in February 2025. The judge also instructed authorities to freeze assets associated with those wallets, although it remains unclear whether the funds are still held there or have already been transferred elsewhere.

Court documents reviewed by the publication reconstructed the activity of eight wallets identified as the “Libra Team,” which investigators linked to the token’s creation and the withdrawal of investor funds after Argentine President Javier Milei promoted the project on social media. During that period, the token’s price briefly surged before collapsing within minutes.

According to the report, token creator Hayden Davis previously said roughly $110 million remained under his control after the launch. Investigators found that four of the eight Libra Team wallets consolidated funds into a single wallet identified as “61yk.”

Investigators trace funds through exchanges

The police report stated that wallet “61yk” had remained frozen for nearly six months under an order from the U.S. District Court for the Southern District of New York, which is handling a separate case involving Davis.

Advertisement

After the restriction was lifted, investigators alleged the wallet redistributed funds using what the report described as a “digital smurfing” strategy, breaking larger balances into smaller transfers to make the transactions harder to follow or eventually convert into fiat currency.

Authorities traced a major movement on May 10, when 498,539 USDT was transferred through a cross-chain interoperability protocol to a wallet on the Tron network. The receiving wallet then split the funds into 17 separate transactions in what investigators described as another attempt to obscure the trail.

The Federal Police report found that at least 10 of those transactions passed through Binance, while eight wallets were linked to Bybit, two to OKX, and another two to Bitfinex. Because centralized exchanges generally require customer identity verification, investigators believe those transfers could help identify some of the individuals involved, although the report noted that some platforms may not hold KYC information for every account.

Advertisement

Crypto analyst Fernando Molina, who has independently tracked the movement of $LIBRA funds, previously estimated that about $8.2 million remained dormant before becoming active again in May through wallets now under judicial scrutiny. 

Separate information reviewed by Clarín indicates that the remaining funds are managed through a trust established by Davis, which is intended to distribute grants to Argentine companies as part of a proposed revival of the project before the end of the year. Earlier reports said the trust had already received 71 grant applications.

Source link

Advertisement
Continue Reading

Crypto World

Two July Windows Left: The CLARITY Act’s Senate Fight and What Failure Means

Published

on

🚨

The CLARITY Act, the bill that would define whether digital assets fall under SEC or CFTC jurisdiction, has two remaining floor windows before the August recess: the weeks of July 20 and July 27.

Miss both, and Senator Lummis has warned that market structure legislation could slip to 2030 or die entirely at the end of the 119th Congress in January 2027, forcing a full restart.

That is not a political projection, it is the structural consequence of a Senate calendar that leaves roughly three weeks of productive session after September before lawmakers enter full midterm campaign mode.

One year after Washington’s Crypto Week, the scorecard is uneven. The GENIUS Act became law on July 18, 2025, establishing the first federal framework for payment stablecoins.

Advertisement

An anti-CBDC provision eventually passed inside the 21st Century ROAD to Housing Act, becoming law automatically on July 10, the House voted 358–32, the Senate 85–5, margins that made Trump’s refusal to sign irrelevant.

The CLARITY Act, which passed the House 294–134 on July 17, 2025, cleared the Senate Banking Committee 15–9 on May 14, 2026, and has sat on the Senate Legislative Calendar since June 1 with no floor vote scheduled.

The distinction between GENIUS and CLARITY matters here. GENIUS governed one product. CLARITY governs the entire market. It answers the classification question that determines everything downstream: whether a given digital asset falls under SEC jurisdiction as a security or CFTC jurisdiction as a commodity.

Advertisement

Registration, custody, listing decisions, and disclosure posture all flow from that single determination. Without a statutory answer, the question gets resolved by whichever agency sues first, or whichever party holds the White House.

Bitcoin (BTC)
24h7d30d1yAll time

Discover: The Best Token Presales

The Vote Math Is Getting Harder

Senate leadership needs 60 votes. The Republican coalition is already fractured. Senators Josh Hawley (R-Mo.) and Rand Paul (R-Ky.) were the only two Republicans to vote against the GENIUS Act; per Galaxy Digital analyst Alex Thorn, both are expected to oppose CLARITY as well.

Advertisement

Senator McConnell has missed votes due to an ongoing medical issue, and the death of Senator Lindsey Graham at 71 further narrows an already thin Republican majority. By Thorn’s calculation, leadership may need as many as nine Democratic crossovers to reach the threshold.

The CLARITY Act faces its last realistic Senate votes in July. With passage odds near 34%, here's what a failed bill means for U.S. firms.
Photo: Senator McConnell

Those crossovers are not secured. Senators Ruben Gallego (D-Ariz.) and Angela Alsobrooks (D-Md.) voted yes in committee but explicitly characterized those votes as conditional, not floor commitments.

Polymarket’s current passage odds in 2026 are approximately 34% and falling.

Discover: The Best Crypto to Diversify Your Portfolio

Clarity Act: Four Disputes, Zero Resolutions

Advertisement

The first and most visible obstacle is ethics. Senator Elizabeth Warren (D-Mass.) wrote to Majority Leader John Thune and Minority Leader Chuck Schumer on July 13, demanding guardrails preventing senior officials and members of Congress from profiting off the crypto industry.

The letter cited approximately $1.4 billion in crypto-related income disclosed in the president’s 2025 financial filing. Senator Kirsten Gillibrand (D-N.Y.) has made enforceable ethics language covering officials’ crypto holdings a prerequisite for her support. The merged draft from the Banking and Agriculture committees omits ethics provisions entirely.

A compromise floated by Senator Lummis would allow state attorneys general to sue exchanges that list tokens issued by public officials in violation of the act – but Senate Republicans are unlikely to advance any ethics language the White House actively opposes. For a detailed breakdown of this standoff, see the ethics dispute driving the CLARITY Act delay.

The second dispute centers on law enforcement. The National District Attorneys Association argued to Senate leadership that Section 604, the Blockchain Regulatory Certainty Act provision, would materially impair criminal investigations by shielding non-custodial software developers from money transmitter obligations.

Senator Ron Wyden (D-Ore.) countered that developers who never control customer funds should not be classified as money transmitters for publishing code. Senators Mark Warner (D-Va.) and Catherine Cortez Masto (D-Nev.) have tied their votes directly to law enforcement’s sign-off.

Third: banking trade groups, including the ABA and ICBA, argue the bill creates a stablecoin yield loophole allowing digital asset platforms to offer interest-equivalent rewards that circumvent the GENIUS Act’s prohibition on issuer-paid interest.

The Independent Community Bankers of America has questioned the bill’s pace entirely. Fourth, and structurally acute: the CFTC has operated with a single commissioner, and the SEC has two vacancies. Rules issued by a lone CFTC commissioner could invite legal challenge and keep jurisdictional uncertainty alive. Senator Amy Klobuchar has proposed blocking the framework from taking effect until at least four CFTC commissioners are confirmed.

Advertisement

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

The post Two July Windows Left: The CLARITY Act’s Senate Fight and What Failure Means appeared first on Cryptonews.

Source link

Advertisement
Continue Reading

Crypto World

Bitcoin (BTC) price falls below $63,00 as AI fatigue, Middle East tensions drag crypto, tech stocks lower

Published

on

Bitcoin (BTC) price falls below $63,00 as AI fatigue, Middle East tensions drag crypto, tech stocks lower

The crypto market fell Friday, with bitcoin recovering from a drop below $63,000 to trade down 1.2% since midnight UTC and ether (ETH) losing 1.74%. Total crypto market capitalization shed 1.86% to sit at $2.16 trillion.

The selloff is not isolated to crypto. Nasdaq 100 index futures dropped 1.91% and S&P 500 futures slipped 0.96%, pointing to macro forces driving the move rather than anything crypto-specific. Japan’s Nikkei 225 index dropped 4%, while South Korea’s Kospi stock exchange was closed for Constitution Day.

In a a classic risk-off rotation, the Dollar Index (DXY) rose to 100.75 while gold advanced 0.61% to climb back above $4,000.

The move to the downside can be attributed to a selloff in tech stocks across North America and Asia, as well as mounting tensions in the Middle East.

Advertisement

“The market is ending the week with two bruises: AI fatigue and Hormuz heat,” said Patrick Munnelly at Tickmill Group. “The semiconductor selloff has gone from profit-taking to position-clearing, dragging Asia toward its worst levels in months.”

Source link

Continue Reading

Trending

Copyright © 2025