President Alexander Lukashenko has legalized crypto banks, opening the door for major adoption.
🏦 Banks will now be able to: • Hold crypto deposits • Issue crypto-backed loans • Accept crypto as collateral • Transfer tokens between individuals & businesses • Buy, sell, and even issue their own coins
📊 Approved assets include Bitcoin, Ethereum, TON, Solana, plus 22 more.
🔥 A bold step toward full crypto integration in the banking system.
📊 ANALYSIS: Bitcoin is holding strong around $68,300 despite macro pressure.
⚠️ Gold has now dropped for a 9th straight day, while Asian stocks are nearing correction levels — signaling broader market weakness.
🔻 $BTC is still down 6% this week, but continues to outperform traditional assets, supported by resilient derivatives activity.
📈 LATEST: Bitmine’s Tom Lee suggests the Ethereum bottom may be in, pointing to a 93% correlation between recent ETH price action and the S&P 500’s recovery after the 1987 crash.
👀 Crypto showing relative strength in a shaky global market.
🔥 BULLISH: BlackRock’s ETHB has surged to $254M AUM in just one week, including $146M in fresh inflows — signaling strong institutional demand for Ethereum exposure.
🚨 JUST IN: A crypto address holding 11,960,680 USDT (~$11.96M) has just been frozen.
The wallet contained nearly $12 million in #USDT before the freeze, raising fresh questions about compliance actions and fund security in the crypto space.
Stablecoin issuers can freeze addresses when they are linked to suspected illicit activity, sanctions, or regulatory investigations.