Derivatives markets show mixed positioning and downside protection despite bitcoin's rise toward $64K, signaling caution among traders. Bitcoin climbed toward $64,000 as easing oil prices and geopolitical optimism provided support, though resistance near $66,000 to $68,000
Crypto trading app Fomo raises $75 million led by Index Ventures, targeting expansion into tokenized assets and derivatives. Crypto trading platform Fomo has closed a $75 million Series B funding round, led by Index Ventures with participation from Union Square Ventures. T
Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap The U.K. central bank abandons retail holding limits for a 40-billion-pound aggregate cap and sweetens yield terms for token issuers ahead of a 2027 market launch
Cross-chain bridge attacks dominated losses, with one exploit accounting for over a third of the quarter’s stolen funds. Cryptocurrency hacks reached a record $351 million in Q2 2026, driven by a surge in cross-chain bridge exploits. The LayerZero OFT bridge breach, linked
Bank of England replaces individual holding limits with a £40 billion cap per systemic stablecoin, aiming to boost market competitiveness by 2027. The Bank of England will abandon proposed limits on individual and corporate stablecoin holdings, opting instead for a £40 bil
Bitcoin struggles against a strengthening US dollar index, which reached its highest level since May 2025, pressuring risk assets. Bitcoin traded near $64,000 as the US dollar index (DXY) surged to its highest level since May 2025, surpassing 100. The DXY’s strength, drive
Japanese authorities detained Hu Xiaowei amid probes into Prince Group’s alleged role in transnational investment fraud and scams. Tokyo police arrested Hu Xiaowei, a senior figure tied to Cambodia-based Prince Group, over false residency registration filings. The group is
The Bank of England relaxes rules but limits systemic stablecoin issuance to 40 billion pounds to curb deposit outflows from banks. The Bank of England introduced a 40 billion-pound cap on systemic stablecoin issuance, easing earlier restrictions while aiming to prevent la
The exploit mirrored vulnerabilities behind $340 million in bridge hacks this year, triggering a 10% drop in Taiko’s token. Taiko, an Ethereum Layer 2 network, halted operations after an attacker exploited a bridge flaw to steal approximately $1.7 million. The breach invol
A crypto analyst forecasts bitcoin could drop to $54,000–$56,000 before potentially falling further to $40,000–$50,000. A widely followed crypto analyst warned bitcoin is forming a bear flag pattern, signaling a potential decline to $54,000–$56,000. The pattern, if confirm
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