Argentina vs Spain: Which Has the Stronger Crypto Ecosystem?

Argentina and Spain have built thriving crypto ecosystems through very different paths.  Argentina‘s market grew out of economic instability, where digital assets became a tool for protecting savings and making payments. Meanwhile, Spain developed within the European Union’s regulated financial system, focusing on clear rules, institutional support, and long-term growth.  While both countries have embraced crypto, they excel in different areas. Comparing them side by side shows which nation has the advantage across the industrys key pillars.  Crypto Adoption: Argentina Leads in Everyday Usage  Argentina has a stronger crypto adoption story. Digital assets are part of everyday financial life, not just an investment. Years of high inflation and the pesos depreciation have pushed millions of Argentines toward cryptocurrencies, especially stablecoins, to preserve their purchasing power.  Between July 2024 and June 2025, the country processed around $91–94 billion in on-chain transaction volume, making it Latin Americas second-largest crypto market after Brazil. More than 10 million people actively use crypto wallets, and over 60% of transactions involve stablecoins.  Spains adoption is also impressive, but the motivation is different. Most people use crypto for investing and digital payments instead of replacing traditional money. More than 25 million users are expected by 2026, while the market is projected to grow

07-19

BONK DAO Attacker Moves Another $1.19M to Coinbase as Price Slides 7%

The wallet address responsible for the $21.2 million $BONK DAO governance attack has deposited an additional 400 billion $BONK tokens, valued at approximately $1.19 million, into the Coinbase exchange, according to blockchain monitoring service EmberCN. The deposit triggered a further 7% decline in $BONKs price, compounding losses for token holders already reeling from the breach.  Ongoing Fallout from the $BONK DAO Attack  The attack, which occurred in late July 2024, exploited a vulnerability in the $BONK DAOs governance mechanism, allowing the attacker to drain 5.4 trillion $BONK tokens—worth $21.2 million at the time—from the DAO treasury. Since then, the attacker has been methodically moving small tranches of the stolen tokens to centralized exchanges, likely in an attempt to liquidate them without causing excessive slippage. This latest deposit brings the total moved to Coinbase to over 1.2 trillion $BONK.  According to CoinMarketCap data, $BONK is currently trading at $0.00000293, down 8.74% over the past 24 hours. The token has lost more than 30% of its value since the attack was first disclosed, as investor confidence in the projects security has eroded.  South Korean Exchanges Suspend $BONK Services  Adding to the pressure, major South Korean cryptocurrency exchanges Upbit and Bithumb have temporarily suspended $BONK deposits and withdrawals

07-19

ONDO team-linked wallet sends 26M tokens to Coinbase – Sell-off next?

An Ondo team-associated address transferred 26.05 million $ONDO tokens to Coinbase. The tokens were worth approximately $9.79 million.  Three weeks earlier, the address received 150 million tokens from a multi-signature wallet, according to Arkham data. Two weeks later, the team moved 26.39 million tokens. Of these, 26.05 million have now reached Coinbase.  Source: Arkham  The activity followed previous operational patterns, where transferred tokens were eventually sold.  However, the latest deposit did not confirm an immediate sale. It still increased the risk of near-term selling pressure.  Did the $ONDO market react?  Ondo [$ONDO] had maintained strong upward momentum, reaching a local high of $0.38.  However, the transfer coincided with a minor pullback to $0.36.  $ONDO traded near $0.37 at press time, gaining 1.7% over 24 hours. Meanwhile, Trading Volume dropped 46%, indicating weaker market participation.  Despite the pullback, $ONDOs bullish structure remained intact. Its Relative Strength Index (RSI) stood near 64.  Source: TradingView  The elevated reading suggested strong demand and continued buyer control.  The Buy-Sell Delta supported this view, remaining positive for four consecutive days.  During this period, Buy Volume reached 199.6 million, compared with 186.5 million in Sell Volume. That produced a positive delta of 13 million, indicating aggressive Spot accumulation.  If these conditions persist, $ONDO could hold its 200-day EMA at $0.37. It

07-18

Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on

The lack of an ethics provision remains one of the biggest sticking points. Sen. Ruben Gallego (D-Ariz.), one of two Democrats who voted to advance the bill out of the Senate Banking Committee, has repeatedly said he will not support the legislation on the Senate floor without a bipartisan ethics provision. Other Democrats have raised similar concerns over conflicts of interest involving public officials and digital assets.  As of Friday, there had been no public readout from Thursdays White House meeting, and no bipartisan ethics language had emerged, leaving one of the bills largest obstacles unresolved.  If passed, the Clarity Act would establish a federal framework for digital asset markets by drawing a clearer line between assets regulated by the Securities and Exchange Commission (SEC) and those overseen by the Commodity Futures Trading Commission (CFTC). Supporters argue the measure would replace years of regulation through enforcement with rules written by Congress.  Industry executives reiterated that message during a House hearing Friday marking one year since the chamber passed the legislation.  “The community has already done the hard work,” Nova Labs executive Sarah Aberg told lawmakers, arguing that regulatory uncertainty delayed investment in the Helium wireless network after the SEC sued the company in a

07-18انڈسٹری

Piero Cipollone rattles Coinbase and Circle with stablecoin warning

SummaryPiero Cipollone warned that growing stablecoin use could pull deposits away from traditional banks.Coinbase shares are testing $157 support, with Compass Point maintaining a $140 downside target.Circle remains inside a descending channel as Mizuho forecasts a potential drop to $50.  The European Central Bank executive board member raised the concern during a July 17 speech at the Federation of Cooperative Credit Banks in Rome, where he linked increased stablecoin use with a possible decline in customer deposits.  According to Cipollone, consumers may become less willing to keep money in conventional bank accounts if stablecoins gain wider use. He argued that the European Union should speed up the digital euro to protect the role banks play in the financial system and limit reliance on privately issued tokens.  His comments have added a European voice to concerns already raised by US banking groups during negotiations over the CLARITY Act. In a letter to the Senate, the groups called for changes to Section 404 that would stop stablecoin companies from offering rewards or yield through affiliated firms.  Banking groups warned that interest-bearing stablecoins could pull deposits from community lenders and weaken their ability to provide credit. Circle, which issues the USDC stablecoin, has become especially exposed to

07-18

Crypto Biz: When dollars disappear, stablecoins step in

Stablecoins have long been pitched as a faster way to move dollars across borders. In Bolivia, they‘re increasingly becoming a way to access dollars in the first place. The country’s recent proposal to recognize Tethers USDt (USDT) for payments underscores how economic instability is driving adoption in many emerging markets.  Elsewhere, Bitcoin miners are discovering that pivoting to AI infrastructure may unlock new revenue streams, but it doesnt shield them from investor scrutiny.  Bolivia weighs recognizing USDT amid dollar shortage  Bolivia is considering a regulatory framework that would recognize Tether‘s USDT as a payment currency, marking another step in the country’s push to integrate digital assets into its financial system.  Economy and Public Finance Minister Jose Gabriel Espinoza said the proposal would allow USDT to circulate alongside the boliviano and the US dollar for payments and savings. The framework remains under review and would include anti-money laundering safeguards, as Bolivia is still on the Financial Action Task Force‘s gray list. The initiative follows the lifting of the country’s crypto ban in 2024 and the new administrations pledge to expand access to digital asset services.  The proposal comes as Bolivia struggles with a prolonged shortage of US dollars after pressure on foreign exchange reserves forced the

07-18انڈسٹری

Galaxy lands 15-year Texas Tech stadium naming rights deal

Digital asset and AI infrastructure company Galaxy Digital has signed a 15-year naming rights agreement with Texas Tech, renaming the universitys football stadium Galaxy Stadium beginning with the 2026 season.  The partnership also makes Galaxy the official data center and digital assets partner of Texas Tech Athletics, with the companies planning to collaborate on student-athlete name, image and likeness opportunities, artificial intelligence initiatives and workforce development programs.  According to Fridays announcement, the stadium will debut under its new name on Sept. 5, when Texas Tech opens its season against Abilene Christian. Financial terms of the agreement were not disclosed.  The deal expands Galaxys footprint in West Texas, where it operates the Helios data center campus in nearby Dickens County, about 60 miles east of Lubbock. The site has 1.6 gigawatts of approved capacity for artificial intelligence and high-performance computing (HPC).  Related: Bitdeer stock jumps 14% as company expands US mining hardware production  Texas strengthens its crypto industry footprint  The partnership comes as Texas strengthens its position as a hub for the crypto industry, combining major Bitcoin mining investment with growing political influence and pro-crypto legislation.  The state is already home to some of the industrys largest Bitcoin (BTC) miners and digital infrastructure operators, including Riot Platforms, Cipher

07-18انڈسٹری

Bank of America taps new leaders to bridge crypto, AI and traditional finance

Quick TakeSonali Theisens focus spans stablecoins, tokenized deposits, custody and crypto trade settlement.Kevin Milsom will lead wider AI implementation across the banks global markets platforms.  Bank of America has appointed new leaders to spearhead the firms digital assets and artificial intelligence strategies, following a trend of traditional financial institutions building specialized teams around the technologies.  Sonali Theisen was named head of BofAs global digital assets platform, while Kevin Milsom was tapped to serve as head of AI transformation, according to internal memos first reported by Reuters and Bloomberg.  Theisen will “oversee design, development, scaling and governance of the bank‘s digital-assets platform” on top of her current role leading electronic trading and strategic investments across the bank’s fixed income, currencies and commodities division.  Her responsibilities will focus on bringing blockchain-based products into BofAs existing markets infrastructure, working alongside digital asset transformation chief Adam Dixon, who oversees “tokenized deposits and stablecoins, digital collateral mobility, cryptocurrency trading settlement and custody.”  Milsom, meanwhile, is tasked with implementing AI across the banks global markets platforms.  This follows similar efforts seen across many other Wall Street-native banks and institutions.  Earlier this month, Vanguard began searching for its first head of digital assets to develop a crypto strategy for personal wealth clients and engage

07-18انڈسٹری

FILE Price Prediction: Dead Center Won't Hold — $0.72 or $0.82 Decision Is Coming Fast

Luisa Crawford  Jul 17, 2026 09:29  FILE is locked in a suffocating technical compression at $0.77, with momentum indicators flatlining and a dangerous divergence between smart money positioning and real-time sell flow. The next 7 da…  FILEs Technical Reality Check  The tape on FILE right now is a study in exhaustion. Every short-term moving average — the 7-day SMA, the 20-day SMA, EMA 12, EMA 26 — has converged into a single tight cluster right at $0.77, which is exactly where price is pinned. That kind of moving average compression doesn‘t persist. It resolves. The question is direction, and the broader time frames aren’t painting an encouraging picture: FILE sits below its 50-day SMA at $0.79 and is trading a full 21% under its 200-day SMA at $0.98. Whatever this tokens past, the dominant trend on any meaningful timescale remains bearish.  Momentum is essentially comatose. The MACD histogram is printing at precisely zero — not a bullish cross, not a bearish flush, just a flatline. That‘s not indecision, that’s depletion. Both buyers and sellers have withdrawn to the sidelines simultaneously, which typically means the next catalyst — however minor — gets amplified. The RSI at 46.67 confirms the lean: sub-50, default bias is bearish, but

07-18انڈسٹری

Is Cerebras Systems (CBRS) Stock a Buy Following Its IPO Pullback?

Key HighlightsQ1 2026 revenues reached $193.4M, representing a 94% increase year-over-yearMajor multiyear agreement with OpenAI valued above $20B includes deployment of 750MW inference infrastructureStrategic AWS collaboration expands Cerebras inference access to Amazon cloud users2026 core revenue projections stand at $855M–$865M, indicating approximately 69% annual expansionGross profit margins between 38%–41% remain below Nvidias mid-70% range, with ongoing operational losses  When Cerebras Systems debuted on public markets, it captured significant attention as a high-profile AI semiconductor offering. Following an initial surge, shares have retreated, leaving market participants to debate whether the current valuation presents an attractive entry point or signals deeper concerns.  Cerebras Systems Inc., CBRS  Lets examine what the financial data reveals.  For the first quarter of fiscal 2026, Cerebras delivered $193.4 million in total revenue, marking a substantial 94% expansion compared to the prior-year quarter. Equipment sales climbed 59% to reach $110.6 million, while cloud-based and service offerings demonstrated even more impressive momentum, surging 178% to $82.8 million.  Discover more  Fintech  financial  News  The accelerating cloud segment deserves attention. Subscription-based compute revenue offers better economics than traditional hardware transactions, and its rapid expansion indicates customers are increasingly committed to the platform ecosystem.  For the complete fiscal year, leadership projects core revenues landing between $855 million and $865 million, translating to

07-18انڈسٹری
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