Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by AugustPolymarket odds imply only a 3% chance that Hormuz traffic returns to normal by July 31 as crude approaches $80 a barrel.
Happy Monday!Crypto’s biggest pressure point is execution: moving funds is easy, but proving control, tracing ownership and managing risk across borders remain much harder. That gap is showing up at every level, from a Thai fraud-linked wallet that processed more than $122 million before Interpol closed in to seized coins the DOJ won on paper but failed to secure in practice. The global crypto market cap is $2.16 trillion, with a 24-hour volume of $62.05 billion. The price of Bitcoin is $62,577.50, and BTC market dominance is 58.2%. The price of Ethereum is $1,775.81, and ETH market dominance is 9.9%. The best-performing sector is Gambling, which gained 3%. The Crypto Fear & Greed Index is currently Extreme Fear (28). 📰 Top News
Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by AugustPolymarket odds imply only a 3% chance that Hormuz traffic returns to normal by July 31 as crude approaches $80 a barrel. One crypto wallet tied to a 20-year-old fraudster processed over $122M before Interpol closed inThe Thailand case shows how cross-chain token swaps can complicate tracing across services, assets and borders. XRP loses $700 million in futures bets while XRPL builds a $4 billion institutional pipelineThe token’s struggling price performance comes as ETF inflows reverse and wallet growth stalls, putting XRPL’s institutional strategy in focus.
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About CryptoSlateCryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram
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