Author: Crypto Editor
A hacker rug pulled a token known as SCATMAN after reportedly seizing management of the SpaceXAI and Starlink accounts on X, strolling away with roughly $125,000 in Ethereum (ETH). On-chain tracker Lookonchain traced the stolen funds throughout two wallets. The scheme mirrors a run of high-profile account takeovers aimed toward selling fraudulent tokens. Contained in the SCATMAN Rug Pull In line with Lookonchain, the attacker promoted the SCATMAN meme coin after allegedly compromising the SpaceXAI and Starlink X accounts. Screenshots extensively shared on social media appeared to indicate each accounts reposting content material from the SCATMAN account. Comply with us…
Thailand’s central financial institution is stepping up stablecoin surveillance in an effort to crack down on cash laundering, illicit finance and “grey cash” within the nation.The Financial institution of Thailand is working with the Kingdom’s Securities and Trade Fee to audit high-volume stablecoin transactions, with a give attention to USDt (USDT), money transactions and foreign money exchanges, to establish and cease illicit monetary flows.“The measures we’re implementing usually are not short-term fixes; they require the continual deployment of a number of parallel methods,” Financial institution of Thailand Governor Vitai Ratanakorn stated, in accordance to native media outlet The Nation on…
The strikes priced a single concern, {that a} wider battle retains oil elevated and forces the Federal Reserve to carry charges increased for longer. Minutes of the Fed’s June assembly present a couple of policymakers noticed a case for elevating charges earlier than backing a maintain. Gold fell as a result of a higher-for-longer path lifts actual yields and dulls the enchantment of steel that pays nothing, and bonds fell for a similar purpose.However bitcoin sat all of it out. Ether was little modified at about $1,800, up 2% on the week, and the remainder of the majors barely moved…
Coin Glass’s Altcoin Season Index has climbed to 58, constructing on a June 4 spike that hit 64, a sign that capital could also be beginning to rotate out of Bitcoin and into the broader altcoin market. The Altcoin Season Index tracks what number of prime cryptocurrencies by market capitalization have outperformed Bitcoin over a trailing 90-day window. It scores the market from 0 to 100. A studying above 75 marks a confirmed altcoin season A Gauge That’s Been Trending Larger Coin Glass’s present studying of 58 on the altcoin index sits effectively above the impartial midpoint, however not strongly…
Jessie A Ellis Jul 12, 2026 06:13 A report says US forces launched a 3rd spherical of strikes on Iran this week after the IRGC declared the Strait of Hormuz closed. Polymarket merchants care as a result of the “site visitors returns to regular by Dec. Polymarket cuts Hormuz normalization odds to 63.5% after Iran closure declare Polymarket Odds Slide After US Strikes and IRGC “Closure” Declare Reframes Hormuz Normalization Threat On Polymarket, the “Strait of Hormuz site visitors returns to regular by December 31?” contract is priced at 63.5% Sure on $4.95M matched quantity, down from 85.5% beforehand. The…
Federal Reserve Chair Kevin Warsh testifies earlier than Congress twice this week, his first time as chair. His testimony coincides with a wave of main financial institution earnings and contemporary inflation knowledge. The overlap creates one of many 12 months’s most intently watched weeks for markets. Warsh’s Testimony and Inflation Knowledge Warsh seems earlier than the Home Monetary Providers Committee on Tuesday, July 14, hours after the June Client Worth Index report lands. He then testifies earlier than the Senate Banking Committee on Wednesday, following the Producer Worth Index launch. Each readings will form how lawmakers interpret his stance on…
Zach Anderson Jul 12, 2026 07:26 BNB is coiling in a momentum vacuum at $572 with its MACD histogram printing zero and value buried under each important shifting common above it — the 60/40 odds favor a flush towards $562–$545 ov… The Rapid Setup BNB is sitting at $572.41 as of early Saturday UTC, and the worth motion is telling a narrative that skilled merchants will acknowledge instantly: that is exhaustion, not consolidation. The 24-hour vary was a suffocating $13 large — value could not even maintain a push towards the highest of that band, rejecting effectively earlier than $583.…
Ether (ETH) climbed to 0.02858 BTC this week, breaking above a resistance degree that has held since June. Bitmine chairman Tom Lee referred to as the breakout a sign that crypto is popping a nook. Lee has tracked this ratio for months as a barometer for the broader market. He argues the transfer factors to a shift that’s already underway. Why Lee Sees a Turning Level Lee ties the rise to development in stablecoins, tokenization, and new Ethereum spinoff tasks. He additionally cites falling oil costs and progress on the CLARITY Act as supportive elements. “There are causes for ETH/BTC…
Crypto markets have largely held on to positive factors over the weekend, however had been wanting just a little shaky on Monday morning as merchants digested the most recent developments between the US and Iran. The US has launched a number of waves of strikes on Iran over an Iranian assault on one other container ship within the Strait of Hormuz. Iran has declared the Strait closed, whereas President Trump stated in any other case. In the meantime, some heavy inflation studies might additional rattle sentiment and add to the volatility because the bear market drags on. “Q2 2026 earnings…
Iris Coleman Jul 12, 2026 07:49 SOL is pinned at $76.49 with its MACD histogram at zero and RSI dead-center at 50 — a technical no-man’s land that traditionally resolves violently. Bears maintain the sting beneath the SMA 7/EMA 12 cluste… The Rapid Setup SOL goes nowhere quick, and that is precisely the issue. At $76.49 — down 1.95% on the day — the coin is caught in a $3.23 intraday vary that hardly fills a single ATR. What’s extra telling than the value is the MACD histogram printing an absolute zero: no bullish push, no bearish flush, simply whole…