EU Names Justin Sun's HTX in Russia Sanctions, Two Months After UK

In briefThe European Union included HTX, the crypto exchange owned and advised by billionaire Justin Sun, in the 21st package of Russia sanctions it adopted Thursday.Listed under its operator, Huobi Global SA, the exchange was placed on an EU annex of firms “significantly frustrating” its Russia sanctions, triggering a transaction ban from August 23 but no asset freeze.The move follows the UKs May designation of HTX, which the exchange denies warrants sanctions, saying such actions lack supporting evidence.  The European Union has added HTX, the crypto exchange owned and advised by billionaire Tron founder Justin Sun, to its latest round of Russia sanctions.  The exchange was caught in the EUs 21st sanctions package, adopted Thursday, which the bloc called its largest batch of individual listings in four years, at 218. HTX appears under its operator, Huobi Global SA, on an annex of crypto and financial firms the EU accused of “significantly frustrating” its Russia measures.  From August 23, people in the EU will be barred from transacting with the exchange, though the listing does not freeze its assets or amount to a full designation. HTX did not immediately respond to a request for comment.  I welcome the agreement on the 21st sanctions package against

07-24انڈسٹری

Morgan Stanleys Bitcoin ETF Is A Roaring Success

Wall Street giant Morgan Stanley Bitcoin exchange-traded fund now has close to $400 million in assets under management — despite only launching in April.  The NYSE Arca-listed fund, which is the first by a bank, got off to a roaring start when it debuted, bringing in over $33 million in fresh cash on its first day.  Now, the fund has over $391 million in assets, demonstrating the popularity of the product. Many ETFs never reach $400 million in assets at all, let alone in one quarter.  Senior Bloomberg Intelligence ETF analyst Eric Balchunas revealed Friday that the product has been one of the most successful funds launched this year so far.  This week alone, investors have thrown $15.7 million in new cash at the product, according to Farside Investors data.  Morgan Stanley has been making big crypto moves for years now. Back in 2021, it started offering wealthy clients exposure to Bitcoin via funds such as those by Galaxy Digital.  And last year, the banks CEO and Chairman, Ted Pick, said that the bank was working with regulators to see how they could offer crypto safely.  Back in April, the banks head of digital assets, Amy Oldenburg said client education — not product design — is the

07-24انڈسٹری

ALGO Price Prediction: Sub-$0.08 Retest Looms Before Any Real Recovery Has a Chance

Felix Pinkston  Jul 24, 2026 09:38  ALGO is grinding in a dead-momentum compression zone well below both its SMA50 and SMA200, with aggressive real-time selling overwhelming whale long positioning; the highest-probability path over t…  ALGOs Technical Reality Check  The chart isn‘t subtle here. ALGO is trapped in a structural downtrend — price sitting a full handle below the SMA50 at $0.09 and even further from the SMA200 at $0.10, both of which are functioning as hard overhead resistance, not targets. When a coin is this far below its 200-day average with no volume catalyst in sight, that’s not a buying opportunity. Thats a coin in freefall finding a temporary ledge.  What makes the current setup particularly uncomfortable is the paralysis embedded in the momentum indicators. The MACD histogram has rounded out to exactly zero — meaning the bearish thrust that drove price to these levels has exhausted itself, but there‘s been absolutely no counter-buying to flip it positive. Momentum hasn’t reversed; it‘s flatlined. The RSI confirms this drift at 41 — neutral to bearish, not oversold, just… absent. Buyers aren’t panicking out, but theyre certainly not stepping in with conviction either.  The Stochastic oscillator offers the one technical nuance worth watching: with %K at 29.5 crossing

07-24انڈسٹری

Saylor and team overhaul Strategy's bitcoin metrics as bear market persists

The first metric is the new “Net Reserve”, which currently sits at $36.6 billion. That figure takes Strategys $55.6 billion BTC reserve (843,775 BTC), adds $3.2 billion in USD reserves, then subtracts $6.8 billion in out-of-the-money convertible debt and $15.5 billion in notional preferred, the $22.3 billion in senior claims that rank ahead of common shareholders in any liquidation scenario.  The company has also updated its multiple to net asset value (mNAV) formula. Under the old accounting method, the accretion threshold would usually keep the companys mNAV above 1.0x, making it increasingly difficult to know whether new share issuance was actually beneficial for existing holders. The new formula anchors that threshold permanently at 1.0x — if MSTR trades above it, issuing new shares adds BTC per share for all investors.  According to the company, the formula is: MSTR Price, divided by Net Bitcoin Per Share, representing whether MSTR trades above or below Net Bitcoin Per Share after debt and preferred claims.  The BTC Floor ARR is the minimum sustained BTC growth rate over the credit structures duration before restructuring becomes a consideration for the company. Currently, the BTC Breakeven ARR sits at 3.22%, meaning bitcoin only needs to appreciate faster than that rate

07-24انڈسٹری

A quantum roadmap would push Bitcoin much higher: Charles Edwards

Bitcoin developers need to swallow their pride and outline a clear plan to harden the blockchain against quantum computing attacks, according to Capriole Investments founder Charles Edwards. He says the day they finally bite the bullet, the price will respond very quickly.  “If the Bitcoin core team says in two or three months: ‘this is our roadmap, we’re gonna solve it in the next two years, these are the rough steps we‘ll take,’ that would be amazing news,” Edwards tells Cointelegraph on Trade Secrets.  “I think that would discount a lot of the risk pretty much overnight,” Edwards says.  The question of whether Bitcoin developers should modify the network to make its cryptography quantum-resistant has sparked heated debate within the Bitcoin community, with some arguing that major changes could conflict with Bitcoins core ethos. Others claim quantum computers are many years away, and a rushed cure could be worse than the disease.  Charles Edwards says a clear roadmap could push price up “very quickly”  Edwards often highlights the risk of quantum computing to Bitcoin to his 132,800 X followers. The fear is that, one day, powerful enough quantum computers could break the cryptography that protects the Bitcoin network and potentially compromise Bitcoin wallets.  The uncertainty has

07-24انڈسٹری

Here‘s Why Paramount’s Decision To Delay WBD Merger Could Cost It Over $1 Billion

Topline  Paramount Skydance said in a Friday court filing it agreed to push back its merger with Warner Bros. Discovery, which has been challenged by 12 states, to 2027, making the concession despite the fact it could incur millions of dollars in fees for not finalizing the deal by the end of September.  The merger is valued at roughly $110 billion.  Photo by Jakub Porzycki/NurPhoto via Getty Images  Key Facts  Paramount voluntarily agreed to delay the merger until June 2027 or until five days after the judge makes a decision on the case, whichever comes first.  Judge Araceli Martinez-Olguin issued a temporary restraining order against the merger on Monday, giving her two weeks to determine if she would issue a more stark order that pauses the deal indefinitely while the lawsuit against the merger plays out in court.  The delayed merger could cost Paramount big time, as under the terms of the deal it will have to pay a $0.25 per day “ticking fee” per share to Warner Bros. shareholders every day if the deal is not closed by Sept. 30—that fee amounts to $650 million per quarter or $7 million per day.  Paramount said its decision to delay the merger allows it to face litigation quickly in

07-24انڈسٹری

Strategy Demands Corporate Bitcoin Transparency With MSTR-BTC Dashboard Revealing $54.88B In Holdings

Michael Saylor didn‘t just announce a dashboard. He published a balance sheet with an address. Strategy’s new MSTR-BTC interface, unveiled Thursday, is less a tool for shareholders and more a declaration: corporate Bitcoin holders no longer get to hide behind opaque treasury disclosures. The numbers, pulled straight from the blockchain, are unambiguous. The company holds 843,775 BTC valued at $54.88 billion, priced at $65,035 per coin, according to the original report.  This isn‘t a marketing splash. It’s a structural shift in how public companies can verify digital asset reserves. The dashboard doesnt rely on quarterly attestations or delayed SEC filings. It ties the treasury directly to on-chain data and capital structure metrics, displaying gross reserves of $58.1 billion, net reserves of $35.88 billion, and a market-based net asset value (mNAV) ratio of exactly 1.00x. For CFOs watching from the sidelines, that level of granularity changes the conversation.  A Corporate Treasury Built on Public Verification  Strategy‘s move arrives at a moment when institutional Bitcoin adoption is accelerating, yet regulatory uncertainty still hangs over how companies account for digital assets. The dashboard’s numbers tell a specific story: year-to-date BTC yield sits at 5.8%, representing a gain of 39,325 BTC — roughly $2.56 billion in dollar

07-24انڈسٹری

CORTIS Debut World Tour Will Broadcast LIVE From LA: How To Watch

cortis will be in cinemas live, very soon  hybe/trafalgar releasing  CORTIS first world tour will be broadcast to cinemas around the world on August 13 and 14, via a partnership between Trafalgar Releasing and HYBE. The event, titled 2026 CORTIS TOUR  IN LA: Live Viewing, will broadcast live from YouTube Theater in Los Angeles and include a 30-minute theatrical-exclusive pre-show created specifically for cinema audiences.  Tickets go on sale July 31 at 6am PDT at CortisLiveViewing.com.  The Los Angeles show will also be screened simultaneously at The Vermont Hollywood on August 13 as a live club viewing experience with concert-grade sound. Standard and VIP ticket packages are available for the club event, with both tiers including a printed poster, and the VIP tier adding fast-track access, mezzanine entry, and a soft drink.  Who CORTIS Are  CORTIS — Martin, James, Juhoon, Seonghyeon, and Keonho — debuted under Big Hit Music and Republic Records in August 2025, becoming the third act signed to Big Hit after BTS and TXT. The group name is drawn from six letters across the phrase “Color Outside the Lines.” Members are actively involved in songwriting, choreography and visual direction as well.  Their debut EP COLOR OUTSIDE THE LINES entered the Billboard 200 at number 15

07-24انڈسٹری

FILE Price Prediction: Bears Losing Steam at the Lower Band — But Every Moving Average Is a Ceiling

Rongchai Wang  Jul 24, 2026 09:33  FILE is pinned at $0.73 with the entire SMA stack stacked above as resistance and smart money quietly leaning 58.7% long in derivatives. The higher-probability near-term play is a bounce toward $0….  The Immediate Setup  FILE is clinging to $0.73 like a fighter covering up in the corner. The 24-hour range has been a miserly $0.02 — from $0.72 to $0.74 — and that extreme compression tells you the market is coiled, not dead. Whats worth watching is where that compression is happening: right on top of the lower Bollinger Band, which is historically where trapped sellers exhaust themselves and short-covering bounces ignite.  The MACD histogram has hit zero — the bears aren‘t pushing harder, but buyers haven’t stepped up with any conviction either. Momentum has flatlined at the worst possible place: below every meaningful moving average. The 7-day at $0.74, the 20-day at $0.76, the 50-day at $0.77, and the 200-day sitting all the way up at $0.96 — that‘s a stacked ceiling of overhead supply that will chew through any rally attempt until proven otherwise. The one technical spark in this setup is the Stochastic oscillator curling up from the low 20s. With %K at 29 crossing

07-24انڈسٹری

Ethereum Bear Market Bottom Is In: Analyst Eyes $7K Long-Term

Some traders still see a rally toward $2,000 as a potential bull trap before ETH makes one final move lower.  Pseudonymous crypto trader NoName says Ethereum has just crossed into the price zone where its bear market has historically bottomed, pointing to four straight lower highs as proof the downtrend has run its course.  The trader, who is buying through the dip with a long-term target of $7,000, argues that the same crowd psychology that made ETH everyones favorite trade at $4,900 is now working against it below $2,000.  Mapping Out the Bottom Zone  In a post shared Friday, NoName laid out Ethereums decline through four descending peaks: $4,957, then $3,400, then $2,460, then $1,950, calling it a textbook downtrend. Each top landed lower than the one before it, and the trader said that sequence has now pushed price into the $1,300 to $1,900 range, the zone treated as the eventual floor.  The reasoning is less technical than psychological, with the analyst noting that ETH at $4,900 was a favorite while ETH under $2,000 gets called a dead chain, even though nothing about the network changed. “That‘s not logic, that’s psychology, and psychology marks bottoms,” NoName wrote, adding that the climb back up will likely

07-24انڈسٹری
1
...
113115
...
1000