Ethereum, Altcoins See ‘Outsized Drawdowns’ Due to Macro Pressures
Market analysts say that macro factors are pushing altcoin prices down, after ETH, XRP, and SOL all dropped on the day.
Crypto
Russia to ban direct peer-to-peer crypto trades starting July 2027
Russia plans to ban direct P2P crypto trades from July 1, 2027, while separate rules already prohibit transfers from digital accounts to self-custody wallets.
Nasdaq-listed Tron sets up $200M ATM share offering to fuel TRX acquisitions
The Nasdaq-listed treasury company holds about $237 million in TRX tokens and plans to raise additional capital to fund its purchases, alongside its daily accumulation.
Ledger Announces Atom Touchscreen Android Device
Ledger says the Android-based Atom will carry anti-tamper protections and be sold only on its site, as it probes tampered resold wallets.
Can the SEC and CFTC’s pro-crypto rules be overturned? Legal opinion
The SEC and the CFTC have issued a raft of pro-crypto rules recently. But will the rules hold up in court, and can they be easily rolled back by the “anti-crypto army”?
Zcash Tanks Double Digits After ‘Meteoric Rise’ Sees Leverage Build Up
Experts blame a build up in leverage for Zcash’s drop in value, as well as growing concerns about AI breaking crypto encryption.
How Brooklyn prosecutors and the FBI took down a massive crypto fraud network targeting Russian speakers
The scheme allegedly stole tens of millions through Russian-language Facebook ads and fake advisers, then went after victims again with fake recovery offers.
HEX token sellers erase $160M following reports of founder Richard Schueler arrest
The HEX token’s price declined by 30% following local media reports of the Istanbul arrest of founder Richard Schueler, nearly two years after Interpol issued a “Red Notice.”
Morning Minute: Solana Is About To Get Faster
Alpenglow is coming next week, slashing Solana finality from 12.8 seconds to a target of about 150 milliseconds—some 85 times faster.
Under pressure Ledger unveils plan to turn its crypto hardware wallet into a smartphone
Ledger’s Atom will run apps like WhatsApp and Instragram and let users switch between smartphone functions and a protected mode for managing digital assets.
Ledger’s answer to wallet tampering costs $849 and ships next year
Ledger’s new Atom combines crypto wallet security with everyday apps and is expected to ship in summer 2027 as the company investigates tampered wallets sold in Asia.
Bitcoin Tests $81,000 as Rate Hike Fears Linger After Hot Inflation Data
Odds of an October Fed hike have climbed to 29% from 18% a week ago, and analysts see Bitcoin range-bound until the picture clears.
Bitcoin holds above $80,000 as Asian stock rout drags altcoins lower
Bitcoin fell to just above $80,000 as South Korea’s Kospi plunged 8%, while the CoinDesk 80 fell 2.2% and all but six CoinDesk 100 members declined.
White House crypto council chief Patrick Witt steps down
Witt’s departure leaves a leadership gap at the White House Crypto Council and marks the fourth high-profile exit from the advisory group.
Starknet opens vote on potential Ethereum L2 exit over quantum risks
Starknet is asking STRK holders whether to explore becoming an independent layer-1 blockchain to reduce its dependence on Ethereum’s quantum-security upgrade timeline.
Live updates: Bitcoin trades near $81,000 as South Korea’s chip-heavy Kospi continues to plunge
Jitters across equity markets are sending money into fixed income, with Western bond markets rallying strongly on Thursday.
Brooklyn Prosecutors Take Down 112 Servers Behind Crypto Scam Targeting Russian Speakers
The scammers also ran a fake recovery service, contacting victims weeks later with promises to get their stolen crypto back.
Hyperliquid founder wants U.S. oversight of trading platforms, not his blockchain
Jeff Yan told Bloomberg that U.S. regulatory oversight should apply to the firms using the blockchain, not to the underlying network itself.
Bitget, Liquid exploits push Q3 crypto hacks toward $1.2B
Compromised suppliers, developer tools and infrastructure components outside security audits drove about 77% of the quarter’s total losses, according to Hacken.
Australia’s financial watchdog seeks stiffer rules for crypto exchanges ahead of licensing deadline
The country’s regulator, ASIC, has proposed tougher rules to protect users’ digital assets, crypto trading and to safeguard the country’s financial stability.
Bitcoin dips to $80.1K as KOSPI closes at its lowest since April
Bitcoin price action continued to see contagion from a Korean tech sell-off after the KOSPI Index fell 7.5% on Thursday.
Thailand crypto ETFs may see slow start despite new rules: CoinShares
Thailand’s new Bitcoin and Ether ETF rules take effect Friday, but CoinShares expects modest initial inflows as existing investment options compete for demand.
Hex founder Richard Heart arrested in Istanbul, Turkish media report
Police reportedly seized $4 million in cash and 64 luxury watches during a raid on the crypto founder’s Istanbul residence.
Babylon advances native Bitcoin lending proposal on Aave V4
Babylon’s proposal to bring native Bitcoin collateral to Aave V4 has entered a new governance stage, but further votes and security reviews remain before launch.
Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.
BlackRock’s Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
BlackRock’s CEO says “a moratorium of some sort” on data center buildouts would put the U.S. in a recession.
South Korea plans cybersecurity overhaul after attacks hit banks, crypto firms
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms.
Australia seeks feedback on crypto platform rules ahead of 2027 rollout
The consultation follows Parliament’s passage of digital asset legislation in April, with Australia’s securities regulator now proposing capital, custody and trading standards for crypto platforms.
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin.