Dubai tops Asian crypto hubs, India isolates banks from crypto: Asia Express
Japan’s SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia Express.
Bitcoin nears $63.5K into weekly close as trader warns of ‘terrible’ Monday
Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an “absolutely terrible” Monday track record.
South Africa proposes crypto tax rules under existing tax framework
South Africa’s tax authority proposed draft guidance clarifying how crypto assets are taxed under existing income and capital gains tax rules, seeking public input until Aug. 31.
Binance outflows triple to $1.2B as ETH withdrawals hit 3-year high
Binance recorded $1.23 billion in weekly net outflows, up 207% from the previous week, as Ethereum withdrawals surged to a three-year high.
Moonbeam to pivot from Polkadot to Base, unveils AI agent framework
Moonbeam didn’t provide a timeline for when it would launch the AI agent platform but told GLMR holders to bridge their tokens from the Polkadot parachain to Base before July 31.
Kraken lets traders use tokenized stocks as collateral for leveraged trades
Eligible users can now use select tokenized stocks and ETFs as collateral for futures and margin trading without selling their holdings.
Kalshi hits record June trading volume as World Cup fuels prediction markets
DefiLlama data shows Kalshi posted a record month for trading volume as the expanded FIFA World Cup boosted prediction market activity.
Bollinger Bands creator eyes Bitcoin bear-market end, ‘W’-shaped reversal
Bitcoin price strength could “break” the entire downtrend if the reversal pattern completed, John Bollinger suggested in light of the BTC rebound.
Revolut to delist USDT in August, citing regulatory and risk concerns
Revolut notified some customers it will delist USDT after Aug. 31, with remaining holdings automatically converted into users’ base currency.
Tim Draper denies moving Bitcoin, reiterates $250,000 BTC prediction
Tim Draper denies moving Bitcoin after blockchain analysts linked him to a wallet that transferred 1,000 BTC to Coinbase Prime.