South Korea’s financial watchdog has expanded the use of artificial intelligence to monitor digital asset markets, signaling a shift toward automated, data-driven enforcement as trading activity grows more complex. On Monday, the country’s Financial Supervisory Service (FSS) said it has upgraded its Virtual Assets Intelligence System for Trading Analysis (VISTA), a model used to investigate…
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Opinion by: Daniel Taylor, head of policy at Zumo We’re approaching five years since we first heard about the “global crypto hub UK,” and the United Kingdom has drawn its fair share of flak regarding its crypto strategy. Amid a perpetually delayed regulatory framework, vanishing company approval rates and increasingly loud public criticism of overzealous…
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Binance has kicked off its $1 billion SAFU conversion into Bitcoin with a $100 million purchase, shifting its user protection fund out of stablecoins and into BTC. Crypto exchange Binance has bought its first 1,315 Bitcoin as part of its conversion plan for the Secure Asset Fund for Users (SAFU). The Bitcoin (BTC), worth $101…
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Crypto investment products continued their sell-off last week as investor sentiment weakened, marking two consecutive weeks of outflows. Crypto exchange-traded products (ETPs) saw $1.7 billion in outflows during the week, the European crypto investment company CoinShares reported on Monday. The outflows were slightly below $1.73 billion in the week prior, totaling $3.43 billion in the…
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Bitcoin (BTC) started the first week of February near 16-month lows as traders see further downside next. BTC price weakness compounds after a grim weekend, with BTC/USD reaching levels not seen since November 2024. RSI values form the main basis for expecting a market rebound. Macro shifts begin to materialize as analysis warns that Bitcoin…
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The Hong Kong Monetary Authority (HKMA), Hong Kong’s financial regulator, is preparing to grant its first stablecoin issuer licenses in March, according to a Reuters report. During a Legislative Council meeting on Monday, HKMA Chief Executive Eddie Yue reportedly said the regulator’s review of stablecoin license applications was nearing completion. Yue added that the initial…
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Prediction markets have turned more bearish on Bitcoin, after a weekend sell-off briefly pushed prices below $75,000 on Monday. On Polymarket, the odds of Bitcoin (BTC) falling below $65,000 in 2026 climbed to 72% on Monday, with almost $1 million in volume. Other large wagers included bets on BTC dropping below $55,000 and reclaiming $100,000…
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Bitcoin is trading below the average cost basis of US spot Bitcoin ETFs after they recorded their second and third-biggest outflow weeks last month, according to Galaxy’s head of research, Alex Thorn. The total assets under management for US Bitcoin ETF products are approximately $113 billion, according to Coinglass, and they collectively hold around 1.28…
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The Zamoskvoretsky Court in Moscow has reportedly ordered BitRiver CEO Igor Runets to remain under house arrest amid tax evasion charges. The founder and CEO of Russian Bitcoin mining firm BitRiver, Igor Runets, has reportedly been detained and charged with multiple counts of tax evasion. According to reports from local media outlets such as RBK…
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Strategy founder Michael Saylor has hinted his firm added to its Bitcoin holdings after the cryptocurrency slid more than 13% over the weekend, briefly pushing the company’s large BTC position into the red. “More Orange,” the Strategy executive chairman posted to X on Sunday, alongside a chart showing his firm’s $55 billion worth of Bitcoin…
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