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Can the EU cut a country off from crypto?

Its 21st Russia sanctions package bans 14 platforms, including HTX, from EU users, and adds a new power to blacklist national crypto sectors. It targets the A7 network, tied to ~$120B in sanctions evasion, per CoinDesk.

#Crypto #Russia

[wikilix @wikilixofficial]

South Korea's biggest bank is moving payments onto JPMorgan's blockchain.

KB Kookmin will launch USD transfers to 10 countries on JPMorgan's Kinexys network in August, the first Korean bank to do so. Kinexys has handled over $4T, per Cointelegraph.

#Blockchain #JPMorgan

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Can bitcoin's fallen mining giant ever pay users back?

Poolin, once ~20% of global hashrate, filed Chapter 11 July 22. It owes 11,700 users $163.7M frozen since 2022, and a $52M Texas asset sale covers only about a third of its debt, per CoinDesk.

#Bitcoin #BTC #Mining

[wikilix @wikilixofficial]

Why is Shiba Inu suddenly ripping with no news?

SHIB jumped about 36% to $0.0000057 Sunday, adding roughly $1B in a day. South Korean traders on Upbit, over 10% of global volume, are driving it. Nothing new came from Shibarium, per CoinDesk.

#ShibaInu #SHIB #Crypto

[wikilix @wikilixofficial]

Is the bitcoin treasury bubble bursting?

Firms that hoarded BTC are now selling. Strategy dumped ~3,620 coins, Sequans offloaded most of its stack, and bitcoin sits near $64K, about 50% below its October peak, per CoinDesk and VanEck.

#Bitcoin #BTC #Crypto

[wikilix @wikilixofficial]

Another major crypto exchange just pulled the plug, one week after BitMEX.

BitMart will halt all trading Aug 26 and close by Jan 31, citing "operating conditions." Its BMX token crashed 58% to 8 cents, per CoinDesk and Cointelegraph.

#BitMart #Crypto #BMX

[wikilix @wikilixofficial]

Is gold's record run finally broken?

Gold has slid about 25% from its January peak near $5,590 an ounce, its worst quarter in 13 years, as a hawkish Fed and a 13-month-high dollar drain safe-haven demand, per CNBC and IG.

#Gold #XAUUSD #Fed

[wikilix @wikilixofficial]

Are prediction markets the next retail gold rush?

Robinhood is in talks with https://t.co/4NxSVqC7By to add its yes-or-no event contracts to Robinhood's prediction-markets hub, the WSJ reported. Talks are ongoing, with no deal yet.

#Robinhood #PredictionMarkets #Crypto

[wikilix @wikilixofficial]

Saudi oil refineries just took their first direct hit in four years.

Houthi missiles struck Aramco's Jizan and Yanbu sites on July 25, pushing Brent crude past $100 a barrel intraday, per OilPrice and CNBC.

#Oil #Brent #Crude

[wikilix @wikilixofficial]

Why did the OCC reject Wise but not Circle or Coinbase?

The OCC denied Wise's trust-bank charter July 22 over gaps in its anti-money-laundering controls. Wise plans to reapply under the GENIUS Act. Circle, Ripple and Coinbase won charters, per CoinDesk.

#Crypto #Stablecoins

[wikilix @wikilixofficial]

Is Russia going all-in on crypto?

Sberbank, Russia's largest bank, plans crypto trading and a digital depository by Dec 1, taking custody of clients' coins. VTB, T-Bank and the Moscow Exchange are building their own, per CoinDesk and TASS.

#Crypto #Bitcoin #Russia

[wikilix @wikilixofficial]

Is the US economy running too hot for a rate cut?

US flash composite PMI hit 53.6 in July, an 8-month high (52.2 expected), with services at 53.6 (up from 51.2) and manufacturing at 53.8. S&P Global says growth is tracking about 2% annualized in Q3.

#USD #Fed #Forex

[wikilix @wikilixofficial]

Are tokenized stocks finally taking off?

Real-world assets on Robinhood Chain jumped ~5x to about $70M in two weeks as tokenized equities scaled up. GameStop's token leads at $26.6M daily volume, then Nvidia ($14M) and SpaceX ($6.4M), per CoinDesk.

#RWA #Tokenization #Stocks

[wikilix @wikilixofficial]

@SolanaHub_ Probably the one I’ll watch for three weeks, ignore completely, then finally buy after it’s already done 99x

[wikilix @wikilixofficial]

@binance @BinanceArg Now send my portfolio the coordinates, it’s been hiking downhill for months

[wikilix @wikilixofficial]

@Bitcoin Bitcoin at $64K and the whales are already surfacing. Retail will arrive at $90K asking, “Is now a good entry?”

[wikilix @wikilixofficial]

A top Thai exchange faces a criminal complaint over a hidden 2021 hack.

Thailand's SEC accused Bitkub and two ex-directors of hiding a May 2021 hack of ~1.7B baht ($48M) in daily filings. Bitkub says it delayed disclosure to avoid a bank run, per Bangkok Post.

#Crypto #Bitkub

[wikilix @wikilixofficial]

Is $100 oil back on the table?

WTI settled at $89.31 Friday, up 9% for the week, after US-Iran nuclear talks collapsed and Trump met advisors to weigh a bigger strike on Iran, per ForexLive and Axios. Netanyahu is at the White House Tuesday.

#Oil #WTI #Crude

[wikilix @wikilixofficial]

Have real-world assets overtaken crypto trading?

Real-world assets became Hyperliquid's top trading category for the first time, with $25.1B in volume July 13-19, ~52% of the DEX's weekly total. Single-stock contracts led at 61%, per Cointelegraph and ARK Invest.

#RWA #Crypto

[wikilix @wikilixofficial]

One of crypto's oldest exchanges is closing under a legal cloud.

BitMEX shuts Sept 23 after 11 years. The same day, a NY class action accused it of a hidden desk trading against users, seeking 622 BTC (~$40.7M). BitMEX calls the suit "spurious," per CoinDesk.

#BitMEX #Crypto