Coin Bureau

💰 FORMER FTX US PRESIDENT RAISES $35M FOR TRADFI PERPETUALS EXCHANGE Former FTX US president Brett Harrison has raised $35 million for his startup, Architect Financial Technologies. The startup is developing AX - a regulated exchange for perpetual futures tied to traditional assets like equities and foreign exchange, using crypto-inspired market designs.

‼️ RUSSIA MOVES TO LEGALIZE DOMESTIC CRYPTO DEALS FOR RETAIL BUYERS! Russia's central bank has proposed a new regulatory framework to legalize domestic cryptocurrency transactions for retail investors. This marks a reversal from its earlier stance advocating a ban in early 2022.

🤔 METAL SEASON instead of an ALTSEASON?

⚡️JUST IN: 🇺🇸 S&P 500 closes above 6,909 for the first time in ever.

⚡️JUST NOW: 500,000,000 USDC minted at USDC Treasury

🚨 ONLY 3% OF BINANCE ALTCOINS TRADE ABOVE 200-DAY SMA Nearly 97% of altcoins on Binance are trading below their 200-day moving average, one of the most oversold readings on record, comparable to COVID-era lows. Historically, readings near 0% have marked accumulation phases, while near 100% levels have coincided with market euphoria and Bitcoin cycle tops.

🚨CRYPTO FEAR EASES BUT SENTIMENT STILL WEAK Crypto market index is now at 29, still FEAR, but pulling away from extreme panic.

⚡ JUST IN: KEY U.S DATA IS OUT GDP (Q3 Initial Estimate) Real: 4.3% Forecast: 3.3% Previous: 3.8% PCE inflation (Q3) Real: 2.9% Forecast: 2.9% Previous: 2.6% PCE (Q3 / PCE Price Index) Real: 3.5% Forecast: 2.7% Previous: 2.1%

🚨ARIZONA MOVES TO CUT CRYPTO TAXES 🇺🇸Arizona State Senator Wendy Rogers has introduced bills to exempt crypto from state taxes, block local taxes on blockchain nodes, and clarify digital assets in the state constitution.

📈 XRP SURPASSES 4 BILLION TRANSACTIONS Ripple’s CTO says “don’t judge XRP by price,” pointing to $XRP's 4 billion transactions as proof of real adoption driven by fast, low-fee settlements.