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TL;DR After emerging at the start of the pandemic, Chinese-language money laundering networks (CMLNs) now dominate known crypto money laundering…
The post Chinese Language Money Laundering Networks Emerge as Major Facilitators of the Illicit Crypto Economy, Now Driving 20% of Laundering Activity appeared first on Chainalysis.

Japan's regulatory updates aim to modernize its digital asset market, enhancing competitiveness and investor protection in the global arena.
The post Japan’s financial watchdog opens public feedback on digital payment and crypto oversight appeared first on Crypto Briefing.

Crypto analyst Cryptoinsight has drawn attention to an “extremely interesting” price action for XRP. He highlighted the altcoin’s funding rates and spot volume, which provided insights into XRP’s recent downtrend, with its drop below the psychological $2 level.  How XRP’s Funding Rates And Spot Volume Explain The Price Action In an X post, Cryptoinsight noted that open interest is rising significantly as funding flips heavily negative and the premium also continues to get more negative. In line with this, he remarked that leveraged players artificially created the move down for XRP. The analyst then pointed to the rise in spot volume, which is also significant.  Related Reading: XRP’s 173-Day Theory: What Happens If This Historical Trend Plays Out Again The rise in t...

Gold’s surge past $5,000 an ounce and mounting uncertainty around US crypto legislation are shaping a critical moment for digital asset markets.
The post Gold Rally Signals Fiat Distrust as Crypto Risks “Show Me” Phase: Bitwise CIO appeared first on Cryptonews.

Tuesday opens on the crypto market with metals getting nuked in a $1.7 trillion blowoff, clearing the stage for Bitcoin's $110,000 rotation. Elsewhere, XRP toys with $27 breakout math, while Ethereum swallows $6.5 billion in silence.