Crypto Funds See $1 Billion Inflows, Ending Five-Week Outflow Streak
Crypto investment products recorded a sharp turnaround last week, pulling in $1 billion in fresh inflows after enduring five straight weeks of withdrawals totaling nearly $4 billion. The recovery was driven largely by strong demand for US spot Bitcoin exchange-traded funds, signaling renewed investor interest despite recent market volatility. According
Tether Freezes $4.2 Billion in USDT Linked to Illicit Activity Over Three Years
Billions Blocked Amid Rising Scrutiny Stablecoin issuer Tether has frozen roughly $4.2 billion worth of its USDT tokens over the past three years in connection with suspected criminal activity, according to a report citing the company. A significant portion of those funds was restricted from 2023 onward, as regulators and
Bitcoin Slides Toward $63,000 After US and Israel Launch Strikes on Iran
Bitcoin fell sharply over the weekend, dropping close to $63,000 after the United States and Israel confirmed a military operation targeting Iran’s nuclear infrastructure. With traditional financial markets closed, the crypto market reacted in isolation, amplifying volatility and triggering widespread liquidations. At the time of writing, Bitcoin was trading near
South Korea Tax Office Leaks Wallet Seed Phrase, $4.8 Million in Seized Crypto Drained
Seed Phrase Published in Official Release South Korea’s National Tax Service found itself at the center of a costly mistake after it reportedly disclosed a cryptocurrency wallet seed phrase in an official press release. The error led to the rapid transfer of 4 million PRTG tokens, valued at approximately $4.8
UK Gambling Commission Explores Crypto Payments for Licensed Online Betting
Regulator Signals Openness to Digital Assets The UK Gambling Commission is considering whether cryptocurrency could be permitted as a payment method for licensed online gambling platforms in Great Britain. The move comes as the United Kingdom prepares to introduce a broader regulatory framework for digital assets under the Financial Conduct
OCC Moves to End Stablecoin Yield Debate, Potentially Clearing Path for CLARITY Act
The US Office of the Comptroller of the Currency has released a sweeping 376 page proposal to implement the Guiding and Establishing National Innovation for US Stablecoins Act, widely known as the GENIUS Act. At the heart of the proposal is a clear position on one of the crypto sector’s
Whale Loses $8.2 Million in Leveraged ARC Trade as Lighter Triggers Risk Controls
A large crypto trader suffered an $8.2 million loss after a heavily leveraged long position in the ARC perpetuals market unraveled on decentralized derivatives platform Lighter. The sudden downturn forced the exchange to activate its risk management systems, including auto deleveraging, while limiting losses for liquidity providers to roughly $75,000.
Bitcoin Climbs Past $66,000 Amid Jane Street Rumors and Thin Liquidity
Bitcoin staged a sharp recovery on Wednesday, climbing back above $66,000 as market chatter intensified around alleged institutional selling pressure from Wall Street trading firm Jane Street. The move came after days of choppy price action, with traders divided over what truly drove the rebound. At the time of writing,
US Senator Opens Probe Into Binance Over Alleged Iran and Russia Sanctions Violations
A senior US lawmaker has launched a congressional probe into cryptocurrency exchange Binance following fresh allegations that the platform processed billions of dollars in transactions linked to sanctioned Iranian entities and networks tied to Russian oil exports. Senator Richard Blumenthal, who serves as the ranking member of the Senate Permanent
Bitcoin ETF Sell-Off Seen as ‘Purification’ of Bull Market, Analysts Say
Bitcoin’s sharp exchange-traded fund outflows in 2026 have rattled sentiment, but some market observers argue the pullback is less a breakdown of the bull case and more a transition phase. As institutional investors trim exposure, a new class of longer-term capital could eventually reshape the market’s structure. Bitcoin recently traded
