Indonesia blocks Polymarket amid crackdown on online betting
Indonesia blocked Polymarket after authorities classified the prediction platform as online gambling under national law.
The nationwide block aligns with restrictions in other countries, including Brazil and Argentina, as regulators increase scrutiny over whether prediction markets constitute unlicensed gambling operations.
The tape is printing exactly as mapped out. No changes to the master plan. As anticipated yesterday, price found local resistance right around the local high and is now beginning the minor LTF retest back toward the H4 FVG.
The Technical Reality:
The Compression: Price is currently consolidating at $76.9k. This sideways movement is completely normal and expected behavior for this week's accumulation phase.
The Retest Target: The algorithm is pulling back to establish a concrete higher low inside the $75.5k – $74.9k FVG demand box.
The Goal: This minor correction is simply designed to bore retail and trap early breakout shorts before the real pre-FOMC expansion begins next week.
The quiet range remains your best accumulation window across #crypto and top #altcoins.
Sit tight, don't overtrade the daily noise, and let the blueprint mature. Next stop: $84k+. $BTC
Someone just sent 107 Bitcoin worth $8.5 million to a burn address. Gone forever.
A burn address is a wallet that nobody owns and nobody can ever access. Once Bitcoin is sent there it is permanently destroyed. There is no undo button. No recovery. It simply ceases to exist.
Whether this was a mistake, a statement, or something else entirely nobody knows. But $8.5 million in Bitcoin just left circulation permanently.
Some people lose sleep over losing their keys. This person apparently did not need the money.
Someone just sent 107 Bitcoin worth $8.5 million to a burn address. Gone forever.
A burn address is a wallet that nobody owns and nobody can ever access. Once Bitcoin is sent there it is permanently destroyed. There is no undo button. No recovery. It simply ceases to exist.
Whether this was a mistake, a statement, or something else entirely nobody knows. But $8.5 million in Bitcoin just left circulation permanently.
Some people lose sleep over losing their keys. This person apparently did not need the money.
Someone just sent 107 Bitcoin worth $8.5 million to a burn address. Gone forever. A burn address is a wallet that nobody owns and nobody can ever access. Once Bitcoin is sent there it is permanently destroyed. There is no undo button. No recovery. It simply ceases to exist. Whether this was a mistake, a statement, or something else entirely nobody knows. But $8.5 million in Bitcoin just left circulation permanently. Some people lose sleep over losing their keys. This person apparently did not need the money.$BTC #OndoFinanceFounderPassesAway #BSBUSDT #binance #bitcoin #RENDER4MonthHighAIDemand
Arthur Hayes just publicly called for $HYPE to hit $150. Then a wallet linked to him moved $6.3 million worth of HYPE straight to Bybit.
The timing is hard to ignore.
On-chain data shows the wallet deposited 115,453 $HYPE tokens into Bybit worth approximately $6.33 million. Those same tokens were withdrawn just a month ago at $39.58 per token, leaving the wallet sitting on roughly $1.76 million in profit.
He called $150. Then moved his bags to an exchange. Make of that what you will.
Jeffy Yu and Zerebro is one of the most chaotic stories crypto has ever produced.
A young developer discovers crypto and builds an AI agent. Crypto Twitter starts shilling it hard. It reaches an $850 million market cap.
He launches an NFT collection and spends all the earnings.
The price crashes after rumors surface that there was never a real AI agent behind it. The hate pours in. He crashes out publicly on the timeline, multiple times.
Then he fakes his own death and launches a token about it. He returns 24 hours later after being exposed by the police.
From there it only gets stranger. Negotiations with Meta to potentially sell his media company. An attempt to turn against the Binance cabal. A confidential energy venture nobody could explain.
His life apparently ended on January 1st, 2026.
A sad story about a young person who found the darkest side of crypto and never found his way back out.
Yesterday, China's stock market erased an estimated 2 trillion RMB in a single session. At the same moment, Taiwan's stock market sat within 1-2% of its all-time high. Two markets. One island of 23 million people. One nation of 1.4 billion. The contrast is not subtle. The Shanghai Composite fell 2.04% to close at 4,077 points on Thursday. The Shenzhen Component dropped 2.07% simultaneously, dragged down by heavy selling in technology stocks. This is not an isolated bad day. Since China's market peak in early 2021, Chinese stocks have lost over $6 trillion in total market value. The property sector is still contracting. Youth unemployment remains stubbornly elevated. Deflation persists. Meanwhile, Taiwan's economy has reached a threshold that would have seemed impossible to the CCP's narrative architects a decade ago. Taiwan's GDP per capita now exceeds $33,000, surpassing China's by roughly 2.5 times. Taiwan's median income is higher. Taiwan's quality of life metrics, from healthcare to press freedom to democratic participation, are not even in the same category. For years, the CCP's pitch to Taiwan was simple: look at our economic miracle. Look at our modern cities. Look at the opportunities you are missing. That pitch no longer works because the miracle is struggling and the island it was aimed at has quietly outpaced it. The CCP's response to that reality is not to fix the economy. It is to fly military aircraft near Taiwan's airspace, cut Taiwan's diplomatic allies, pressure its companies, and threaten force. When the argument fails, coercion follows. Taiwan's success as a democracy and a prosperous economy is not just an inconvenience to Beijing. It is an existential challenge to the CCP's core claim that Chinese people need authoritarian governance to prosper. Every point Taiwan's stock market holds near its all-time high is a data point Beijing cannot afford the world to notice. #OpenAIToConfidentiallyFileForIPO #VitalikButerinDetailsEthereumPrivacyUpgrades #OpenLedger #china #BNB_Market_Update
The man behind $HYPE built a $900 million profit protocol with 11 people and zero outside money. This is the story of Jeff Yan.
Immigrant background. Raised by a single mother after his parents divorced. Self-taught physics at 16 and went on to win gold at the International Physics Olympiad.
In 2019 he started trading crypto with $10,000 from a living room in Puerto Rico. He built Chameleon into one of the largest crypto trading firms in the space, then shut it down voluntarily after watching FTX collapse and seeing how far crypto had drifted from decentralization.
So he decided to build something different.
He co-founded Hyperliquid with a team of just 11 people. No VC funding. No outside investors. No market makers. He was offered $100 million at a one billion valuation and turned it down.
Hyperliquid has since processed over 4 trillion in volume and generated roughly $900 million in profit in a single year. Fees are automatically burned on-chain and the protocol has become one of the most profitable in all of DeFi.
11 people. Zero outside money. $4 trillion in volume. That is what HYPE is built on.
The CLARITY Act just passed the Senate Banking Committee 15:9, A massive win for US crypto regulation. But don't celebrate yet.
Critical Timeline: Bill must clear full Senate + House-Senate reconciliation BEFORE:
👉 House Recess → Jul 27 👉 Senate Recess → Aug 10
Miss this window? Everything gets pushed to the fall agenda and passage becomes much harder.
The 5 Core Hurdles: 1️⃣ SEC vs CFTC Split - Direction clear, classification still pending 2️⃣ Stablecoin Rewards - Interim compromise reached, but fragile 3️⃣ AML & National Security - Stricter KYC rules incoming 4️⃣ Ethics & Conflicts of Interest - The BIGGEST political risk (Trump family crypto ties under fire) 5️⃣ DeFi & Developer Liability - Boundaries still unset
Needs 60 Senate votes → at least 7 Democrats must cross over. The fight is no longer technical. It's purely political.
If Democrats hold back on Ethics provisions, this bill stalls. If the language goes too strong, Republicans + industry push back.
📅 MAY 14 — Day 1 of Summit → Trump and Xi sit down for formal talks → The ask: Xi opens China's market to U.S. business — directly, officially, on camera → 12+ of the most powerful CEOs in the world are in the room or the building → Combined market cap of companies represented: over $10,000,000,000,000 📅 MAY 15 — Day 2 / Outcomes → Deal announcements expected — or silence that speaks louder → Every CEO on that plane needs something specific from Beijing: chip licenses, manufacturing access, supply chain agreements, financial market entry → If Xi says yes to even half of it, the trade war framework changes overnight → If Xi says no, 12 CEOs flew to China for nothing — and markets will price that immediately 48 hours. Nothing like this has ever happened in the history of U.S.-China relations. The outcome of this trip will move markets more than any Fed meeting this year. Bookmark this. #TrumpVisitsChina #ClarityActDraft