šŸ”Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Russia’s Sber eyes USDT loans, questions digital ruble demand

Russia’s Sber eyes USDT loans, questions digital ruble demand

Russia’s largest bank, Sber, plans to expand its crypto-backed lending to accept Tether’s USDt stablecoin and Ether as collateral alongside Bitcoin, according to a senior executive.Sber will adapt its existing products and gradually expand its offerings as Russia’s new crypto law takes effect, Deput…

Bitfinex Securities completes record $50M tokenized capital raise

Bitfinex Securities completes record $50M tokenized capital raise

Bitfinex Securities has completed a record $50 million tokenized capital raise for metals company Alkemya, marking the platform’s largest raise to date as it expands its offering of tokenized real-world assets (RWAs).The raise involved ALKN, a tokenized security representing limited partnership inte…

Supply absorption ā€˜key question’ as Bitcoin fails to reclaim $80K: Analysis

Supply absorption ā€˜key question’ as Bitcoin fails to reclaim $80K: Analysis

Bitcoin (BTC) remains sensitive to sell-side pressure at $80,000, even as investors broadly avoid mass profit-taking.Key points:Bitcoin investors’ unrealized profit and loss crosses above zero for all cohorts, apparently slowing price momentum.Long-term holders see a spike in profitability to 1.48, …

Bitwise launches self-custodied tokenized stock portfolios with Coinbase

Bitwise launches self-custodied tokenized stock portfolios with Coinbase

Bitwise Asset Management has launched automated portfolios of Coinbase’s tokenized US stocks that allow eligible investors outside the United States to follow preset investment strategies while keeping the assets in their own wallets.The portfolios use Coinbase’s recently launched tokenized stocks, …

Chainalysis-led operation flags 7,700 accounts in child abuse probe

Chainalysis-led operation flags 7,700 accounts in child abuse probe

Blockchain analytics firm Chainalysis said a global operation it led identified more than 7,700 suspect accounts linked to child sexual abuse material (CSAM).According to a Tuesday press release shared with Cointelegraph, Operation Lighthouse investigated 29,120 crypto addresses and digital identifi…

Arcus launches tokenized perp positions on Robinhood Chain

Arcus launches tokenized perp positions on Robinhood Chain

Arcus, a decentralized exchange (DEX) built by the team behind dYdX, has launched a protocol on Robinhood Chain that converts perpetual futures positions into transferable ERC-20 tokens and allows tokenized stocks to be used as collateral for leveraged trading.The launch includes products such as pB…

Bitcoin RSI bullish divergence draws 2022 comparisons as analysis weighs new price trend

Bitcoin RSI bullish divergence draws 2022 comparisons as analysis weighs new price trend

Bitcoin (BTC) price action is offering mixed signals after hitting $80,000 as traders diverge on market trajectory.Key points:Bitcoin weekly relative strength index (RSI) reaches 58.3, repeating a bullish divergence that accompanied the end of the 2022 bear market.Daily RSI values reach their most ā€œā€¦

Bitcoin ETFs add $338M as six-day inflow streak hits $2.26B

Bitcoin ETFs add $338M as six-day inflow streak hits $2.26B

US spot Bitcoin exchange-traded funds (ETFs) recorded $337.6 million in net inflows on Monday, marking their sixth consecutive trading day of inflows totaling $2.26 billion.The new inflows have cut the Bitcoin ETFs’ year-to-date net outflows to about $2.57 billion, according to SoSoValue data. Last …

Galaxy puts Coldcard hack losses at 1,789 BTC, with 87% unmoved

Galaxy puts Coldcard hack losses at 1,789 BTC, with 87% unmoved

The vast majority of Bitcoin stolen in the Coldcard hack remains unmoved, according to researchers tracking one of the largest hardware wallet exploits.Galaxy Research has attributed the theft of 1,789.28 Bitcoin from 8,865 addresses to the Coldcard hack, according to a Monday X post by Alex Thorn, …

Bitcoin roars back above $80K as ETF demand, Treasury buybacks fuel rally

Bitcoin roars back above $80K as ETF demand, Treasury buybacks fuel rally

Bitcoin rose above $80,000 on Tuesday for the first time since mid-May, extending its strongest weekly rally in more than two years.Bitcoin (BTC) traded as high as $81,160.06, bringing its seven-day gain to about 25.8%, CoinGecko data shows.The rally coincided with renewed demand through US spot Bit…

BNB Chain activates Pasteur hard fork to strengthen bridge security

BNB Chain activates Pasteur hard fork to strengthen bridge security

BNB Smart Chain (BSC) activated its Pasteur hard fork on Tuesday, closing bridge verification and validator authorization gaps while introducing a new route intended to fit more transactions into each block.In a Tuesday post, BNB Chain confirmed that Pasteur was live on the BSC mainnet. The team sai…

US targets Iran’s crypto sector, cites over $100M in oil-linked payments

US targets Iran’s crypto sector, cites over $100M in oil-linked payments

The US Treasury has expanded its Iran sanctions framework to cover the country’s digital asset sector, citing more than $100 million in crypto payments allegedly used to facilitate Iranian oil sales.On Monday, the Treasury said the Office of Foreign Assets Control (OFAC) issued sectoral sanctions de…