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Post #1731
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Post #1730
20.3K
⚠️ Dogecoin records $57M net outflows: What’s next?
❗️ Dogecoin has recorded approximately $57.2 million in net spot outflows over seven days, with CoinGlass reporting $538.16 million in outflows against $480.96 million in inflows as DOGE fell nearly 9% during the week. CoinGlass data showed a seven-day spot net flow percentage of -599.50%, alongside continued pressure on the cryptocurrency’s price. The figures indicate that more funds left the tracked spot market than entered during the reporting period, although they do not establish that large investors purchased Dogecoin or moved the withdrawn assets into long-term storage.
⚡️ Meanwhile, Dogecoin traded near $0.085 on October 11, according to CoinGecko, after declining from levels above $0.09 earlier in the month. Dogecoin’s latest spot flow data shows a difference between funds moving into and out of cryptocurrency exchanges during the past seven days.
🔖 According to the CoinGlass data, total inflows reached $480.96 million, while outflows amounted to $538.16 million. The difference produced net outflows of $57.2 million. CoinGlass’s reported -599.50% spot net flow indicator describes a change in its percentage-based metric. It should not be interpreted as a 599% decline in total trading activity. The dollar figures provide a more direct comparison of exchange movements during the period.
❗️ Dogecoin has recorded approximately $57.2 million in net spot outflows over seven days, with CoinGlass reporting $538.16 million in outflows against $480.96 million in inflows as DOGE fell nearly 9% during the week. CoinGlass data showed a seven-day spot net flow percentage of -599.50%, alongside continued pressure on the cryptocurrency’s price. The figures indicate that more funds left the tracked spot market than entered during the reporting period, although they do not establish that large investors purchased Dogecoin or moved the withdrawn assets into long-term storage.
⚡️ Meanwhile, Dogecoin traded near $0.085 on October 11, according to CoinGecko, after declining from levels above $0.09 earlier in the month. Dogecoin’s latest spot flow data shows a difference between funds moving into and out of cryptocurrency exchanges during the past seven days.
🔖 According to the CoinGlass data, total inflows reached $480.96 million, while outflows amounted to $538.16 million. The difference produced net outflows of $57.2 million. CoinGlass’s reported -599.50% spot net flow indicator describes a change in its percentage-based metric. It should not be interpreted as a 599% decline in total trading activity. The dollar figures provide a more direct comparison of exchange movements during the period.
Post #1729
32.8K
Post #1728
16.5K
⚠️ Solana price prediction 2026: Will Alpenglow spark a bullish SOL breakout in October?
🔔 Solana price has entered October near $121 after gaining 14.6% in September, leaving a break above 124–125 as the main technical condition for extending the recovery toward $148. The current move follows two strong months. Historical price data show SOL gained around 41.5% in August before rising another 14.6% in September. September opened near $103 and finished around $118, with the token reaching above $124 late in the month.
🔗 October has started with SOL recovering from the 117–119 area, but buyers have not yet cleared the late-September high. CoinGecko places the recent seven-day range between $116.44 and $124.27, keeping both levels relevant as traders assess the next move. The immediate resistance zone sits between roughly $124 and $125. SOL closed at $122.08 on Sept. 25 and later traded above $124 intraday before retreating toward $118 at the end of the month.
⚡️ Price has since recovered above $120, but a move through 124–125 has not been confirmed. A daily close above the resistance range, followed by support holding there, would strengthen the case for another leg higher. The $148 level comes from a separate technical setup shared by trader Daan Crypto Trades. His chart identified $117 as the level SOL needed to preserve before targeting $148. Since SOL has held above that region for now, the target remains technically possible, though the resistance around 124–125 must still be cleared first.
🔔 Solana price has entered October near $121 after gaining 14.6% in September, leaving a break above 124–125 as the main technical condition for extending the recovery toward $148. The current move follows two strong months. Historical price data show SOL gained around 41.5% in August before rising another 14.6% in September. September opened near $103 and finished around $118, with the token reaching above $124 late in the month.
🔗 October has started with SOL recovering from the 117–119 area, but buyers have not yet cleared the late-September high. CoinGecko places the recent seven-day range between $116.44 and $124.27, keeping both levels relevant as traders assess the next move. The immediate resistance zone sits between roughly $124 and $125. SOL closed at $122.08 on Sept. 25 and later traded above $124 intraday before retreating toward $118 at the end of the month.
⚡️ Price has since recovered above $120, but a move through 124–125 has not been confirmed. A daily close above the resistance range, followed by support holding there, would strengthen the case for another leg higher. The $148 level comes from a separate technical setup shared by trader Daan Crypto Trades. His chart identified $117 as the level SOL needed to preserve before targeting $148. Since SOL has held above that region for now, the target remains technically possible, though the resistance around 124–125 must still be cleared first.
Post #1727
22.2K
Post #1726
22.4K
⚠️ THORChain decentralization challenged over DPRK flows
🌐 GoPlus Security has challenged THORChain’s decentralization claims, arguing that its validator-controlled vaults and emergency mechanisms give node operators powers that differ from Bitcoin and Ethereum. GoPlus Security said on Sept. 27 that THORChain should not compare its cross-chain architecture directly with decentralized Layer 1 networks when explaining why stolen funds cannot be blocked. The firm pointed to THORChain’s threshold-signature vaults, active validator set and emergency governance controls.
⚡️ Its criticism follows renewed scrutiny over stolen funds routed through THORChain after the Bitget breach. GoPlus claims around 101.5 BTC linked to the incident had already exited through the protocol, while another 27.63 million XRP was being routed toward Bitcoin.Bitget has not publicly confirmed that North Korean actors carried out its September attack. The exchange said investigators had seen preliminary IP and VPN similarities associated with previous North Korean-linked activity, but attribution remained unconfirmed
🔖 Node operators can then vote on more targeted measures through Mimir, the protocol’s on-chain parameter system. THORChain documentation lists trading halts, chain-specific stops and signing controls among the available emergency actions. GoPlus argued that these controls distinguish THORChain from Bitcoin or Ethereum base-layer consensus. THORChain uses threshold signatures to authorize outbound transactions from shared vaults, meaning participating nodes collectively manage the signing process for cross-chain swaps.
🌐 GoPlus Security has challenged THORChain’s decentralization claims, arguing that its validator-controlled vaults and emergency mechanisms give node operators powers that differ from Bitcoin and Ethereum. GoPlus Security said on Sept. 27 that THORChain should not compare its cross-chain architecture directly with decentralized Layer 1 networks when explaining why stolen funds cannot be blocked. The firm pointed to THORChain’s threshold-signature vaults, active validator set and emergency governance controls.
⚡️ Its criticism follows renewed scrutiny over stolen funds routed through THORChain after the Bitget breach. GoPlus claims around 101.5 BTC linked to the incident had already exited through the protocol, while another 27.63 million XRP was being routed toward Bitcoin.Bitget has not publicly confirmed that North Korean actors carried out its September attack. The exchange said investigators had seen preliminary IP and VPN similarities associated with previous North Korean-linked activity, but attribution remained unconfirmed
🔖 Node operators can then vote on more targeted measures through Mimir, the protocol’s on-chain parameter system. THORChain documentation lists trading halts, chain-specific stops and signing controls among the available emergency actions. GoPlus argued that these controls distinguish THORChain from Bitcoin or Ethereum base-layer consensus. THORChain uses threshold signatures to authorize outbound transactions from shared vaults, meaning participating nodes collectively manage the signing process for cross-chain swaps.
Post #1725
22.5K
Post #1724
22.9K
➡️ Hong Kong jails ex-banker over $470K USDT bribes
🔖 Hong Kong has jailed former China Construction Bank (Asia) relationship manager Lam Chun-yin for four years after he admitted accepting more than $470,000 in Tether to authenticate false bank instruments carrying a stated value above $1.6 billion. The Independent Commission Against Corruption said on Sept. 18 that District Court Judge Ernest Lin Kam-hung sentenced the 32-year-old after his guilty plea to one count of conspiracy for an agent to accept advantages under Hong Kong’s Prevention of Bribery Ordinance and Crimes Ordinance.
👀 The court ordered Lam to repay approximately HK$3.7 million to CCB (Asia), an amount equal to the bribes identified in the case. ICAC said the judge started from a six-year prison term and reduced it by one-third because Lam pleaded guilty, leaving a four-year sentence after finding no exceptional reason for another reduction. At the time of the offenses, ICAC said Lam worked in the Consumer Banking Division at CCB (Asia)’s Causeway Bay retail branch, where he served individual customers. The agency said his role did not cover business credit facilities or letters of credit, and the bank had never authorized him to handle such products.
📊 Vesttoo Limited, which has since ceased operations, ran a platform for insurance-related investment transactions. ICAC said investors using the platform had to provide bank-issued standby letters of credit so an issuing bank could ultimately cover relevant losses if an investor failed to meet its obligations. Yu Po Holdings Limited entered the platform as an investor in early 2022. The anti-graft agency said a criminal group then arranged for Lam to falsely present himself as China Construction Bank’s contact person for standby letters of credit connected with Yu Po.
🔖 Hong Kong has jailed former China Construction Bank (Asia) relationship manager Lam Chun-yin for four years after he admitted accepting more than $470,000 in Tether to authenticate false bank instruments carrying a stated value above $1.6 billion. The Independent Commission Against Corruption said on Sept. 18 that District Court Judge Ernest Lin Kam-hung sentenced the 32-year-old after his guilty plea to one count of conspiracy for an agent to accept advantages under Hong Kong’s Prevention of Bribery Ordinance and Crimes Ordinance.
👀 The court ordered Lam to repay approximately HK$3.7 million to CCB (Asia), an amount equal to the bribes identified in the case. ICAC said the judge started from a six-year prison term and reduced it by one-third because Lam pleaded guilty, leaving a four-year sentence after finding no exceptional reason for another reduction. At the time of the offenses, ICAC said Lam worked in the Consumer Banking Division at CCB (Asia)’s Causeway Bay retail branch, where he served individual customers. The agency said his role did not cover business credit facilities or letters of credit, and the bank had never authorized him to handle such products.
📊 Vesttoo Limited, which has since ceased operations, ran a platform for insurance-related investment transactions. ICAC said investors using the platform had to provide bank-issued standby letters of credit so an issuing bank could ultimately cover relevant losses if an investor failed to meet its obligations. Yu Po Holdings Limited entered the platform as an investor in early 2022. The anti-graft agency said a criminal group then arranged for Lam to falsely present himself as China Construction Bank’s contact person for standby letters of credit connected with Yu Po.
Post #1723
23.3K
⚠️ South Korea CBDC plan draws warning over privacy risks
🔔 South Korea’s People Power Party has opposed any central bank digital currency rollout without legal safeguards covering privacy, spending controls and consumer choice. “I strongly oppose the introduction of CBDC until legal and institutional safeguards are perfectly established so that the public can feel safe,” Jang said.
👀 The conservative People Power Party sits in opposition to President Lee Jae Myung’s Democratic Party government. Jang took control of the party in August 2025 following its defeat in that year’s presidential election. Jang said payment convenience and efficiency did not justify proceeding before lawmakers settled questions about privacy and individual control. He asked how far authorities could trace citizens’ transactions and whether digital money could restrict where funds are spent.
⚠️ His statement raised the possibility that programmable currency could carry expiration dates or other conditions. Jang asked whether people would retain a right to choose their preferred form of money if South Korea introduced a central bank digital currency. “While there is a view that CBDC is a new technology capable of enhancing payment convenience and efficiency, we should not rush into it solely because of its convenience,” he said.
🔔 South Korea’s People Power Party has opposed any central bank digital currency rollout without legal safeguards covering privacy, spending controls and consumer choice. “I strongly oppose the introduction of CBDC until legal and institutional safeguards are perfectly established so that the public can feel safe,” Jang said.
👀 The conservative People Power Party sits in opposition to President Lee Jae Myung’s Democratic Party government. Jang took control of the party in August 2025 following its defeat in that year’s presidential election. Jang said payment convenience and efficiency did not justify proceeding before lawmakers settled questions about privacy and individual control. He asked how far authorities could trace citizens’ transactions and whether digital money could restrict where funds are spent.
⚠️ His statement raised the possibility that programmable currency could carry expiration dates or other conditions. Jang asked whether people would retain a right to choose their preferred form of money if South Korea introduced a central bank digital currency. “While there is a view that CBDC is a new technology capable of enhancing payment convenience and efficiency, we should not rush into it solely because of its convenience,” he said.
Post #1722
22.6K
🚨 Sen. Lummis: If CLARITY Fails This Congress, Market Structure Legislation Slips to 2030
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Post #1721
23.5K
🔔 Dollar stablecoins can weaken local currencies, BOK finds
🔖 Demand for dollar-backed stablecoins can place downward pressure on national currencies when investors receive direct access through fiat trading pairs, according to research published by the Bank of Korea on Sept. 3. The effect appeared after Binance introduced trading between selected local currencies and stablecoins such as USDT and USDC.
➡️ The researchers found that direct fiat-stablecoin markets strengthened the connection between crypto demand and foreign exchange markets. Stablecoin premiums became smaller, but demand shocks also gained a route into conventional currency trading. The findings do not establish that stablecoin demand always causes currency depreciation. The measured relationship depended on market structure, access to global intermediaries and the availability of direct trading pairs.
🌐 Dollar stablecoins trade globally, but investors in many countries cannot always purchase them directly with local currency on a large international exchange. They may instead buy stablecoins through domestic platforms, peer-to-peer markets or intermediaries.
🔖 Demand for dollar-backed stablecoins can place downward pressure on national currencies when investors receive direct access through fiat trading pairs, according to research published by the Bank of Korea on Sept. 3. The effect appeared after Binance introduced trading between selected local currencies and stablecoins such as USDT and USDC.
➡️ The researchers found that direct fiat-stablecoin markets strengthened the connection between crypto demand and foreign exchange markets. Stablecoin premiums became smaller, but demand shocks also gained a route into conventional currency trading. The findings do not establish that stablecoin demand always causes currency depreciation. The measured relationship depended on market structure, access to global intermediaries and the availability of direct trading pairs.
🌐 Dollar stablecoins trade globally, but investors in many countries cannot always purchase them directly with local currency on a large international exchange. They may instead buy stablecoins through domestic platforms, peer-to-peer markets or intermediaries.
Post #1720
22.5K
⚠️ Trump’s crypto bank is 49% owned by the UAE’s ‘spy sheikh’ and it just got a federal charter
📊 Sheikh Tahnoon bin Zayed al Nahyan, the UAE’s national security advisor and brother of its president, holds the single largest stake in WLTC Holdings through StringZ Holding RSC. The Trump family owns 38%. On August 14, the OCC granted this entity preliminary conditional approval for a federally regulated national trust bank to issue and redeem USD1, a stablecoin with more than $4 billion in circulation. In the same administration that loosened AI chip export caps to the UAE, $263 million from the original deal has already flowed to Trump family entities.
‼️ A sitting president’s family has never before held a financial stake in a company that received a federal banking charter from regulators appointed by that same president. That is no longer a hypothetical. It happened on August 14, 2026, when the Office of the Comptroller of the Currency conditionally approved World Liberty Trust Company, National Association, to organize as a federally regulated national trust bank.
🔗 The approval capped a 221-day review process. The application was filed in January 2026, the same month the Trump administration began rolling back Biden-era restrictions on advanced chip exports to Gulf states. By the time the OCC signed off, the largest single shareholder in the holding company behind the bank was not Donald Trump or any member of his family. It was an entity controlled by Sheikh Tahnoon bin Zayed al Nahyan, the UAE’s national security advisor, brother of President Mohamed bin Zayed, and one of the most powerful figures in Middle Eastern finance.
📊 Sheikh Tahnoon bin Zayed al Nahyan, the UAE’s national security advisor and brother of its president, holds the single largest stake in WLTC Holdings through StringZ Holding RSC. The Trump family owns 38%. On August 14, the OCC granted this entity preliminary conditional approval for a federally regulated national trust bank to issue and redeem USD1, a stablecoin with more than $4 billion in circulation. In the same administration that loosened AI chip export caps to the UAE, $263 million from the original deal has already flowed to Trump family entities.
‼️ A sitting president’s family has never before held a financial stake in a company that received a federal banking charter from regulators appointed by that same president. That is no longer a hypothetical. It happened on August 14, 2026, when the Office of the Comptroller of the Currency conditionally approved World Liberty Trust Company, National Association, to organize as a federally regulated national trust bank.
🔗 The approval capped a 221-day review process. The application was filed in January 2026, the same month the Trump administration began rolling back Biden-era restrictions on advanced chip exports to Gulf states. By the time the OCC signed off, the largest single shareholder in the holding company behind the bank was not Donald Trump or any member of his family. It was an entity controlled by Sheikh Tahnoon bin Zayed al Nahyan, the UAE’s national security advisor, brother of President Mohamed bin Zayed, and one of the most powerful figures in Middle Eastern finance.
Post #1719
22.2K
Post #1718
22.6K
➡️ Illinois crypto groups seek injunction against new tax
🔗 The Blockchain Association and Crypto Council for Innovation sued Illinois on Aug. 21 to block a 0.2% digital asset tax scheduled to take effect on Jan. 1, 2027. The filing is the second industry lawsuit challenging the Illinois crypto tax. The Digital Chamber brought a separate case in July.
⚠️ The tax is based on an asset’s value rather than a customer’s profit or the fee earned by a broker. Consequently, a transfer between wallets controlled by the same customer could fall within the statutory definition even when no sale occurs. Brokers must register and begin collecting the tax by Jan. 1. Initial remittances would become due in February 2027, according to the complaint.
🔖 One provision treats a broker with at least $100,000 in qualifying Illinois receipts during the previous 12 months as maintaining a place of business in the state. However, the plaintiffs argue that other collection and registration provisions lack that threshold, creating uncertainty about which companies must comply.
🔗 The Blockchain Association and Crypto Council for Innovation sued Illinois on Aug. 21 to block a 0.2% digital asset tax scheduled to take effect on Jan. 1, 2027. The filing is the second industry lawsuit challenging the Illinois crypto tax. The Digital Chamber brought a separate case in July.
⚠️ The tax is based on an asset’s value rather than a customer’s profit or the fee earned by a broker. Consequently, a transfer between wallets controlled by the same customer could fall within the statutory definition even when no sale occurs. Brokers must register and begin collecting the tax by Jan. 1. Initial remittances would become due in February 2027, according to the complaint.
🔖 One provision treats a broker with at least $100,000 in qualifying Illinois receipts during the previous 12 months as maintaining a place of business in the state. However, the plaintiffs argue that other collection and registration provisions lack that threshold, creating uncertainty about which companies must comply.
Post #1717
22.2K
Post #1716
22.4K
🔗 Bitcoin price rebounds to $63,600, but can BTC break $65,500?
📊 Bitcoin price recovered from the $62,700 area as buyers defended a key support zone, but ETF outflows, weak trend signals, and heavy overhead liquidity continue to limit the rebound. The move followed several unsuccessful attempts by sellers to push BTC below the $62,500–$62,700 region. Bitcoin had fallen from above $65,000 earlier in August, leaving the market vulnerable to a deeper correction before buyers returned near monthly support.
🌐 BTC reached an intraday high of $63,717 during the recovery. The bounce also moved the price above the $63,166 level, which marks the 78.6% Fibonacci retracement of the advance from $57,803 to $82,864. Holding above that retracement level keeps Bitcoin inside the range formed after its June sell-off. However, the daily chart shows that BTC has not yet reversed the wider decline from its May peak.
➡️ The recovery coincided with modest gains in US equity futures. Nasdaq 100 futures rose as technology shares led a broader risk-asset rebound, while lower expectations for another aggressive Federal Reserve rate increase supported demand for Bitcoin. The dollar fell to a 10-day low as Treasury yields eased. A weaker dollar can support assets priced in dollars, although elevated bond yields remain a source of competition for capital.
📊 Bitcoin price recovered from the $62,700 area as buyers defended a key support zone, but ETF outflows, weak trend signals, and heavy overhead liquidity continue to limit the rebound. The move followed several unsuccessful attempts by sellers to push BTC below the $62,500–$62,700 region. Bitcoin had fallen from above $65,000 earlier in August, leaving the market vulnerable to a deeper correction before buyers returned near monthly support.
🌐 BTC reached an intraday high of $63,717 during the recovery. The bounce also moved the price above the $63,166 level, which marks the 78.6% Fibonacci retracement of the advance from $57,803 to $82,864. Holding above that retracement level keeps Bitcoin inside the range formed after its June sell-off. However, the daily chart shows that BTC has not yet reversed the wider decline from its May peak.
➡️ The recovery coincided with modest gains in US equity futures. Nasdaq 100 futures rose as technology shares led a broader risk-asset rebound, while lower expectations for another aggressive Federal Reserve rate increase supported demand for Bitcoin. The dollar fell to a 10-day low as Treasury yields eased. A weaker dollar can support assets priced in dollars, although elevated bond yields remain a source of competition for capital.
Post #1715
20K
Post #1714
21.6K
⚠️ KuCoin earns ISO 22301 certification for operational resilience
‼️ KuCoin has secured ISO 22301:2019 certification for its business continuity management system, adding an international continuity standard to the exchange’s existing security and operational controls. ISO 22301 sets requirements for a Business Continuity Management System, or BCMS, under which companies identify possible operational disruptions, establish response procedures and prepare recovery plans for critical services.
➡️ For KuCoin, the certification adds business continuity management to a compliance framework that already includes ISO/IEC 27001:2022 for information security and SOC 2 Type II for operational controls. The exchange said ISO 22301 is designed to cover disruptions that can come from cyber incidents, infrastructure failures, problems involving outside service providers and other unexpected events. Its focus extends beyond preventing an incident by requiring procedures for keeping important operations running and restoring services when interruptions occur.
🌐 Such requirements have particular relevance for cryptocurrency exchanges because trading takes place around the clock rather than within fixed market hours. Platforms must maintain access to trading, asset transfers, payments and other services across different regions and time zones.
‼️ KuCoin has secured ISO 22301:2019 certification for its business continuity management system, adding an international continuity standard to the exchange’s existing security and operational controls. ISO 22301 sets requirements for a Business Continuity Management System, or BCMS, under which companies identify possible operational disruptions, establish response procedures and prepare recovery plans for critical services.
➡️ For KuCoin, the certification adds business continuity management to a compliance framework that already includes ISO/IEC 27001:2022 for information security and SOC 2 Type II for operational controls. The exchange said ISO 22301 is designed to cover disruptions that can come from cyber incidents, infrastructure failures, problems involving outside service providers and other unexpected events. Its focus extends beyond preventing an incident by requiring procedures for keeping important operations running and restoring services when interruptions occur.
🌐 Such requirements have particular relevance for cryptocurrency exchanges because trading takes place around the clock rather than within fixed market hours. Platforms must maintain access to trading, asset transfers, payments and other services across different regions and time zones.
Post #1712
20.6K
⚡️ Most traders only make money when Bitcoin moves hard in one direction
Glimpse gives you another way to trade — instead of buying or shorting, you forecast the price range Bitcoin will land in. Get it right, and you earn a Bitcoin payout.
💸 That means you can find opportunities whether Bitcoin rises, falls, or trades sideways.
No leverage. No liquidations. Just your read on where price is headed — and a payout in Bitcoin if you're right.
The setup is straightforward: pick a range ➡️ see what the crowd is forecasting for context ➡️ and lock in your call. Lightning support means deposits and withdrawals don't slow you down.
Bitcoin, Ethereum, Solana and Gold markets are all live now, with more assets on the way.
It's a new category of Bitcoin trading — and it's still early.
Check it out! ➡️ glimpse.trading
Glimpse gives you another way to trade — instead of buying or shorting, you forecast the price range Bitcoin will land in. Get it right, and you earn a Bitcoin payout.
💸 That means you can find opportunities whether Bitcoin rises, falls, or trades sideways.
No leverage. No liquidations. Just your read on where price is headed — and a payout in Bitcoin if you're right.
The setup is straightforward: pick a range ➡️ see what the crowd is forecasting for context ➡️ and lock in your call. Lightning support means deposits and withdrawals don't slow you down.
Bitcoin, Ethereum, Solana and Gold markets are all live now, with more assets on the way.
It's a new category of Bitcoin trading — and it's still early.
Check it out! ➡️ glimpse.trading
Post #1711
20.2K
🚨 Breaking: Robinhood Secures FCA Approval To Offer Crypto Services In UK, HOOD Stock Gains
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