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Zcash Surges 30% on US-Iran Ceasefire Hype—Bull Trap Ahead? Zcash (ZEC) rocketed 30% as markets cheered a US-Iran ceasefire, leading privacy coins in a risk-on rally. But this bounce mirrors shaky 2021 bear market fakeouts, hinting at a brutal 40% drop lurking. Investors chasing the pump face classic trap risks in choppy crypto waters. The…
SEC Names New Enforcement Chief as Justin Sun Lawsuit Drama Unfolds David Woodcock has been tapped as the new chief of the US SEC’s enforcement division, stepping in amid swirling controversy over why the agency abruptly dropped high-profile lawsuits against Tron founder Justin Sun and multiple crypto firms. This leadership shakeup comes as senators demand…
Bull Bitcoin Sues France Over New Crypto Surveillance Rules Bull Bitcoin, a non-custodial exchange, has filed a lawsuit in France to block the country’s implementation of the European Union’s DAC8 tax-reporting directive. The company argues the rules would force crypto platforms to collect and share sensitive user data, exposing up to 135 million European users…
Bitcoin Hits $72K on Ceasefire Hype, But Quickly Fades Amid Stubborn Resistance Bitcoin surged past $72,000 today on news of an Iran war ceasefire, sparking brief euphoria among traders betting on risk-on rallies. Yet the momentum fizzled fast, with BTC price retreating as technical resistance and broader macro fears took over. This whipsaw action underscores…
Bitcoin Hits $72K Wall: Altcoins Poised to Breakout or Bust? Bitcoin’s short-lived rally toward $72,000 is stalling under heavy selling pressure, testing investor nerves after a brief relief bounce. Technical indicators flash bullish signals despite the resistance, hinting at potential upside if buyers hold firm. Altcoins watch anxiously—could they ride BTC’s coattails or get left…
COURT SLAMS CFTC IN MONEX RULING, SHAKES COMMODITY ENFORCEMENT PLAYBOOK The Ninth Circuit just handed the CFTC its biggest enforcement loss in years, ruling that Monex’s leveraged metals contracts were not “retail commodity transactions” under the CEA. The decision guts the agency’s authority to police off-exchange retail leverage products and signals that crypto firms structured…
