Spokane City Council has banned crypto ATMs to curb rising scams, giving operators 60 days to remove machines amid concerns over fraud and vulnerable residents.

Washington’s second-biggest city, Spokane, bans crypto ATMs

In the past two days, ARK has offloaded a total of 642,766 Circle shares, 
accounting for 14% of its 4.49 million CRCL purchase made during the company’s 
public launch.

Circle dump: Cathie Wood’s Ark sells another $45M as shares tumble

Bitmain, Canaan and MicroBT — producing over 99% of global Bitcoin mining 
ASICs — are launching US-based production units in response to tariffs.

Chinese Bitcoin ASIC makers to begin US production amid tariff pressure

Amid the chaos that was sparked by Israel’s attack on Iran, Bitcoin has 
climbed again, shaking off the losses triggered by the conflict. Not only has 
the price seen an increase from its last week’s lows, but there has also been 
a notable change in the cryptocurrency’s daily trading volume. This points to 
continued interest despite global factors and could mean that the expectations 
of war are already getting priced in for the crypto market. Bitcoin Sees 
Almost 100% Jump In Volume According to data from Coinglass, there has been a 
turn in the tide for the Bitcoin trading volume after starting out the new 
week in a slow trend. Sunday and Monday had seen the Bitcoin daily trading 
volume come out under $50 billion. However, as the Bitcoin price rose leading 
up to Tuesday, so did the trading volume. Related Reading: What Are The 
Implications For XRP If Ripple Captures 14% Of SWIFT’s Volume? At the time of 
writing, the Bitcoin daily trading volume had already crossed $88 billion for 
Tuesday, leading to an almost 100% increase in the trading volume during this 
time. This follows the trend of high volatility coming with increased volumes 
as the Bitcoin price swung wildly between $105,000 and $108,000. The sharp 
jump in volume comes as the Bitcoin open interest remains high at near all- 
time highs while the rest of the market struggles. Coinglass data shows the 
current open interest at $71 billion, less than $10 billion away from the $80 
billion all-time high recorded in May 2025. In light of altcoins continuing to 
trend low while Bitcoin remains close to all-time highs, it suggests that most 
of the attention in the crypto market is now being focused on Bitcoin. As a 
result, the leading asset continues to dictate the direction of the market, 
with dominance remaining high above 64%. How War Could Affect This Trend The 
positive developments surrounding Bitcoin are coming as there seems to be a 
cooldown in the conflict in the Middle East. But with so little time having 
passed, expectations are that the war may only be starting, with some calling 
it the start of ‘World War 3.’ Related Reading: Key Fractal From 2023 Says 
Bitcoin Price Is Still Bullish, But A Crash To $90,000 Could Be Coming The 
Kobeissi Letter has taken to X (formerly Twitter) to address these World War 3 
predictions, revealing how the markets would react if there really was a 
possibility of this happening. The first thing was that a 50% chance of World 
War 3 would’ve seen the S&amp;P crash not 2%, but more of a 30% crash. Gold would 
be $5,000/oz, and oil would go for $100/barrel. Furthermore, a 90% chance of 
World War 3, as explained in the post, would likely cause the S&amp;P to crash 
50%, with the prices of gold and oil surging to $10,000/oz and $200/barrel, 
respectively. Given Bitcoin’s correlation with the stock market so far, there 
is no doubt that such a crash would have carried over, triggering disastrous 
losses for the crypto market. Given these, The Kobeissi Letter explains that 
the markets are saying the chances of World War 3 are slim. At this time, they 
expect a resolution to the conflict. “Futures all around the board this 
morning saw de-escalation coming,” the post read. Featured image from Dall.E, 
chart from TradingView.com

Bitcoin Volume Surges 100% Amid War Threats – What To Expect

Spanish bank BBVA is advising its wealthy private banking clients to allocate 
3% to 7% of their portfolios to cryptocurrencies. BBVA to Advise on More 
Cryptocurrencies Spanish giant lender BBVA is reportedly advising its wealthy 
private banking clients to allocate between 3% and 7% of their portfolios to 
cryptocurrencies. This marks a significant step beyond […]

Spanish Banking Giant BBVA Breaks the Mold With Bold Wealth Strategy Shift

The Winklevoss twins-owned crypto exchange Gemini has filed a formal complaint 
against the Commodity Futures Trading Commission (CFTC), pushing back against 
a legal battle from 2022. In a recently submitted 13-page letter to CFTC 
Inspector General Christopher Skinner, Gemini accused…