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Karnataka CID blames lack of regulation for the rise in crypto scams in India
Karnataka CID blames lack of regulation for the rise in crypto scams in India

Share link:In this post: The CID Police in Karnataka, India, has released a report highlighting the lack of regulation contributing to crypto scams in India. The report says criminals have been using mules to launder and layer money across different bank accounts in the country. The study said Indian banks have been defaulting in their mandatory job of flagging suspicious transactions.

Cryptopolitan·2025/06/28 23:01
Wall Street prices in five consecutive rate cuts post-Powell as traders eye dovish successor
Wall Street prices in five consecutive rate cuts post-Powell as traders eye dovish successor

Share link:In this post: Wall Street expects five rate cuts after Powell leaves the Fed next year. Trump called Powell “Mr Too Late” and wants a more dovish replacement. Scott Bessent, Kevin Warsh, and Christopher Waller are top contenders.

Cryptopolitan·2025/06/28 23:01
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  • 07:26
    Featured The Block Executive: Total Assets of Tokenized Treasury Products Have Soared 80% This Year, Reaching $7.4 Billion
    According to a report by Jinse Finance, The Block’s project director Frank Chaparro stated on social media, “The Financial Times is focusing on the explosive growth of tokenized money markets and real-world assets. According to data provider RWA.xyz, the total asset size of tokenized treasury products has surged by 80% this year, reaching $7.4 billion. These products include funds that convert fund shares into digital tokens, as well as partially tokenized U.S. Treasuries.”
  • 07:18
    Matrixport: Ethereum Price Shows Resilience Beyond Fundamental Expectations, $2,500 Remains a Key Technical Support Level
    According to ChainCatcher, Matrixport analysts have recently pointed out that Ethereum has demonstrated stronger-than-expected price resilience. Despite persistently low on-chain activity and no significant rebound in gas fees, the price of ETH has continued to trend steadily upward. The report attributes this market performance to three main factors: institutional investors are consistently increasing their ETH holdings, reinforcing its status as "digital gold"; stablecoin issuance on the Ethereum network remains active, providing ample liquidity to the ecosystem; and the smooth progress of the U.S. GENIUS Act, which brings medium- to long-term policy benefits to the market. In addition, the resonance of seasonal market trends and prevailing optimism has further solidified the current price structure. Technical analysis indicates that the $2,500 level remains a key support that bulls need to defend.
  • 07:18
    Glassnode: Whales Holding Over 10,000 ETH Accelerate Accumulation
    According to a report by Jinse Finance, Glassnode data shows that whales holding at least 10,000 ETH are accelerating their accumulation, at a pace even faster than before the 95% ETH rally in mid-2022. As of this Monday, the total ETH held by these whales has rebounded from a historic low of 37.56 million in October 2024 to 41.06 million, marking a 9.31% increase. This growth rate is nearly double that of the period from May to September 2022, when ETH prices rose from around $1,000 to $1,950. A similar situation occurred between November 2020 and January 2021, when whale holdings increased by 4% and ETH prices surged from $460 to $1,220. Historically, whales tend to accumulate before the market fully takes off.
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