Multibank’s $MBG Token Bridges Web3 and Traditional Finance With Real Utility and Proven Backing

This content is provided by a sponsor. MultiBank Group, one of the world’s largest regulated financial institutions, is launching its highly anticipated utility token, the $MBG Token, in July 2025. This is a project that combines blockchain innovation with two decades of financial strength. Unlike many speculative tokens, $MBG Token is rooted in real revenues, […] Source CryptoX Portal

Bitcoin, XRP Open Interest Near Record Highs as Bull Market Pullback Unfolds

This is a daily analysis of top tokens with CME futures by CryptoX analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Bull Market Pullback Underway The bitcoin market rally has stalled in the past 24 hours as expected, but instead of consolidation, prices have pulled back over 5% to $116,800 from record highs in a move typical of a bull market pullback. Reports suggest that profit-taking by long-term holders is weighing on the cryptocurrency’s price. It’s common for markets to revisit breakout points, in this case, the May 22 high…

Abacus Market Likely Conducts Exit Scam Amid Darknet Instability, Reports TRM Labs

Abacus Market, the largest bitcoin-enabled Western darknet marketplace, went offline earlier this month, leading blockchain intelligence firm TRM Labs to assess that the operators likely executed an exit scam, disappearing with users’ funds. This incident follows the June 16 seizure of Archetyp Market by law enforcement, highlighting a trend of instability within the Western darknet […] Source CryptoX Portal

Nauru Appoints Australian Brian Phelps as CEO of New Virtual Asset Authority

Following the recent passage of legislation to regulate virtual assets, including cryptocurrency, Nauru’s government has appointed Australian banking and financial markets executive Brian Phelps as the inaugural CEO of the Command Ridge Virtual Asset Authority (CRVAA). President David Adeang highlighted Phelps’ extensive experience in the industry, emphasizing that his leadership will establish a foundation of […] Source CryptoX Portal

Ron Paul: Government Lies Go Deeper Than Epstein

As controversy around Jeffrey Epstein reignites, a longtime critic of government power sees a deeper crisis of trust with transformative potential. Ron Paul condemned the Department of Justice’s recent statements on Epstein, arguing that the agency’s denial of a client list and insistence on suicide—despite contradicting evidence—exemplify a larger pattern of deception by government institutions. […] Source CryptoX Portal

Bitcoin Exchange Inflows Spike After $123,000 Peak

Bitcoin (BTC) surged to a new all-time high (ATH) of $123,218 earlier today, pushing its market cap beyond $2.4 trillion. However, exchange data shows a sharp increase in BTC inflows following this milestone, raising concerns of a potential short-term correction. Bitcoin Exchange Inflows Warn Of Pullback According to a CryptoQuant Quicktake post by contributor Tarekonchain, BTC is beginning to show signs of short-term cooling. Notably, exchange inflows recorded a sharp uptick right after Bitcoin hit its fresh ATH. Related Reading The following chart shared by the analyst highlights exchange netflows…

U.S. Loads Up, Germany Cashes Out as BTC Holds Near $119K

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As bitcoin trades near $119,500, having just recently broken through another all-time high of $120,000, digital asset investment products are also breaking records for inflows – but there’s a regional disparity. According to CoinShares, U.S.-listed funds dominated with $3.74 billion in inflows, while Germany saw $85.7…

3 US Banking Regulators Unite: Crypto Safekeeping Set for Major Bank Expansion

U.S. regulators just cleared a critical path for banks to offer crypto asset safekeeping, signaling new momentum for compliant, risk-managed institutional entry into digital finance. US Banking Regulators Issue Joint Statement on Crypto A renewed regulatory focus is opening the door for banks to engage with crypto asset safekeeping, provided they meet established risk standards […] Source CryptoX Portal