Blockchain analysts TRM Labs says CoinEx facilitated more than $3.8 billion in blockchain-traced flows with sanctioned Iranian crypto entities. CoinEx disputes the findings. Source: CoinDesk
A relief rally tied to recovering U.S. equities lifted BTC and ETH off weekly lows, but bearish derivatives positioning and negative CVD suggest the rebound may be fragile. Source: CoinDesk
The prediction market seeks a valuation near double the $22 billion it hit last month, as a federal-state fight over regulation escalates. Source: Decrypt
Almost 11 million bitcoin are now held at a loss, while long-term holders control a record 14.8 million coins. Source: CoinDesk
Source: The Neuron
Micron Technology surged after blockbuster earnings and strong guidance, lifting AI memory stocks. Source: CoinDesk
TRM Labs traced $3.8 billion moved by 60 sanctioned Iranian entities through CoinEx and said that the exchange’s 8% share of illicit transactions was substantially higher than its counterparts. Source: Cointelegraph
Indonesia’s financial regulator will require influencers recommending crypto and other digital assets to hold relevant certifications as regulators worldwide tighten oversight of finfluencers. Source: Cointelegraph
Poland-founded crypto exchange Kanga has secured a Class 3 MiCA license in Latvia, enabling EU-wide crypto services as Polish lawmakers debate framework’s implementation. Source: Cointelegraph
The popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 billion quarterly options settlement. Source: CoinDesk