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GBPJPY recovered slightly on strong UK jobs data. It hit a high of 213.54; now it is trading at about 213.31. TechnicalsCMP -213.29Trend4- Hour chartValue  55 EMA213.02CMP >valueBullish200- EMA213.31C

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BitForex Founder Opens $59.1 Million 5x Leveraged Long Position on Bitcoin HTXSquare: Global Markets After Trump China VisitGrab Your Share of the 300 USDT Prize Pool!HTX Creation Challenge — Post and

BitForex Founder Opens $59.1 Million 5x Leveraged Long Position on Bitcoin



HTXSquare: Global Markets After Trump China Visit

Grab Your Share of the 300 USDT Prize Pool!

HTX  Creation Challenge — Post and Win 1,500U 💥



The cryptocurrency market witnessed a significant move this week as BitForex founder Garrett Jin opened a substantial leveraged long position on Bitcoin. According to on-chain analytics firm Lookonchain, Jin opened a 5x long position worth 504.4 BTC, valued at approximately $59.11 million at the time of the trade.



BitForex Founder Opens $59.1 Million 5x Leveraged

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HTXSquare: Global Markets After Trump China VisitGrab Your Share of the 300 USDT Prize Pool!HTX Creation Challenge — Post and Win 1,500U 💥Dunamu Shareholder Restructuring Clears Path for Naver Financi

Dunamu Shareholder Restructuring Clears Path for Naver Financial MergerA significant shift in the shareholder composition of Dunamu, the operator of South Korea’s leading cryptocurrency exchange Upbit, is being interpreted as a positive signal for a potential merger with Naver Financial. According to a report from ZDNet Korea, the departure of a key investor has removed a major obstacle to the deal.

New Investors Replace Kakao Investment
Hanwha Investment & Securities and Hana Bank have agreed to acquire a combined 3,645,050 shares from Kakao Investment. Hanwha will purchase 1,361,050 shares, representing 3.90% of Dunamu, while Hana Bank will acquire 2,284,000 shares, or 6.55%. This transaction reduces Kakao Investment’s stake from 10.58% at the end of last year to just 0.13%.

Kakao Investment had been viewed as a potential opponent to a merger between Dunamu and Naver Financial. Its near-complete exit from the shareholder register effectively removes that opposition.

Strategic Implications for the Merger
The entry of Hanwha Investment & Securities and Hana Bank is considered strategically favorable. Both institutions are major financial players with established regulatory compliance frameworks. Their involvement is expected to create a more favorable environment for regulatory approval of the merger. The absence of sanctions or objections from financial authorities regarding these share transfers is also being viewed as a constructive development.

Why This Matters for the Market
The potential merger between Dunamu and Naver Financial would combine one of Asia’s largest cryptocurrency exchange operators with a major digital financial services platform backed by Naver, South Korea’s dominant internet company. Such a combination could reshape the competitive landscape of digital finance in South Korea, potentially creati

Dunamu Shareholder Restructuring Clears Path for N

HTXSquare: Global Markets After Trump China VisitGrab Your Share of the 300 USDT Prize Pool!HTX Creation Challenge — Post and Win 1,500U 💥 The US government has frozen nearly $500M in cryptocurrency l

The US government has frozen nearly $500M in cryptocurrency linked to Iran, part of a sweeping enforcement campaign that Treasury Secretary Scott Bessent is calling “Operation Economic Fury.” The action represents one of the most aggressive uses of on-chain tools against a sovereign nation’s financial infrastructure.

The target is substantial: Iranian entities have allegedly utilized roughly $7 to $8 billion in cryptocurrencies for sanctions evasion and to facilitate oil revenue transactions.

How Operation Economic Fury works

This isn’t a single dramatic seizure. Multiple enforcement actions have been reported, with figures ranging from $344M to $500M across different waves of asset freezes. That spread suggests a coordinated, rolling campaign rather than one lucky bust.

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US agencies deployed advanced on-chain forensics to trace funds through transaction patterns linked to sanctioned Iranian entities.

Tether, the company behind the world’s most widely used stablecoin, confirmed it assisted US authorities in freezing Iran-linked crypto wallets due to what it described as “unlawful activities.” That cooperation is significant. When the issuer of a stablecoin freezes a wallet, those tokens become effectively worthless to the holder. No court order in Tehran can reverse it.



The US government has frozen nearly $500M in crypt

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