Bitcoin ETFs on track for the smallest monthly inflows ever

Your day-ahead look for July 30, 2026
This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Your day-ahead look for July 30, 2026
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
Messaging platform Telegram is facing legal action in Australia over allegations that it failed to remove terror-related content from its platform. The case carries a potential fine of up to $38 million if the company is found liable. The Australian legal action comes just one day after Telegram founder Pavel Durov was charged by Russian authorities. The back-to-back legal pressures place Telegram under significant scrutiny across multiple jurisdictions simultaneously.

South Korea has announced plans to impose a tax on cryptocurrency gains exceeding approximately $1,740, with the measure set to take effect from January 1, 2027. The decision signals that the government does not intend to delay the policy for a fourth consecutive time. The issue has now moved to parliament, where it is expected to be debated further. The move reflects South Korea's ongoing effort to regulate its significant cryptocurrency market and bring digital asset gains within the formal tax framework.

Bitcoin remained steady around $64,000 despite a wave of global market turbulence. Iran launched ballistic missiles, triggering an overnight oil price surge of approximately 8%. The Dow Jones fell 2.2% while the Nasdaq dropped to a three-month low in response. The Federal Reserve added to market unease by signaling that interest rates could still rise further. Crypto's relative stability amid these pressures highlighted its growing resilience as an asset class.

Igor Runets, the founder of Russian Bitcoin mining firm BitRiver, has been charged with fraud in Russia. Authorities allege he failed to fulfil obligations under a contract worth $12.5 million. Runets has been moved from house arrest to a pre-trial detention facility as the case progresses. The charges mark a significant legal escalation for the prominent figure in Russia's cryptocurrency mining industry.

Discussion (0)
Log in to join the discussion and vote.
Log in