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    FSB Raids Moscow City Crypto Hub in Major Fraud Bust

    FSB Raids Moscow City Crypto Hub in Major Fraud Bust

    Key TakeawaysThe FSB and MVD raided Moscow City crypto offices, disrupting 9 foreign channels and detaining over 20 people.The crackdown hit Bitriver and a Telegram-linked token, signaling strict oversight across the crypto industry.MVD investigators seek more victims...
    Bitcoin Stalls at $63,400 as ETFs Outpace Network Issuance

    Bitcoin Stalls at $63,400 as ETFs Outpace Network Issuance

    Key TakeawaysBitcoin dropped 0.7% to $63,394 on Aug. 11 after Strategy sold 1,690 BTC to fund stock repurchases.Coinglass reported $34.4 million in long liquidations as hundreds of millions of dollars flowed into spot bitcoin ETFs.Bitfinex sees bitcoin bound between...
    Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

    Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

    Key TakeawaysGold crossed $4,400 on Aug. 11 before spot prices eased to $4,378.50 by noon EDT.China’s PBOC added 20 tonnes of gold in July, extending its buying streak to 21 months.U.S. CPI data is the next test as gold traders watch the $4,500 level. The metal ran as...
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