Saudi Central Bank Secures $60B Bitcoin Exposure via Strategy Stake

Saudi Arabia’s Central Bank has confirmed a 25,656-share purchase of Strategy, mirroring Norway’s wealth-fund playbook and giving the Kingdom indirect exposure to 568,840 Bitcoin, valued near $60 billion. The step coincides with Saudi leadership of MENA’s crypto growth despite sparse domestic rules.
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WLFI Slams Senate’s USD1 Stablecoin Inquiry as Trump Links Spark National-Security Alarm

World Liberty Financial has publicly rebuffed a Senate investigation into the USD1 stablecoin’s governance, security risks and alleged Trump links. The firm, via BakerHostetler, has said USD1 is fully backed by U.S. Treasuries, transparent, and not connected to the Trump meme coin.
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Ethereum Flashes Extreme Undervaluation – CryptoQuant Eyes 38% ETH/BTC Rally Soon

CryptoQuant has reported that the ETH/BTC price ratio has surged 38 % from a January 2020 low, placing Ethereum in what the firm calls an extreme undervaluation zone. Rising ETF allocations and the lowest ETH exchange inflow ratio since 2020 point to stronger demand and lighter selling pressure.
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DOJ Busts Crypto Ring: $263M RICO Scam Fueled Supercars, $500K Parties

The DOJ has charged 12 people aged 18-21, plus one older defendant, with a cyber racketeering scheme that netted $263 m in cryptocurrency. Prosecutors say the group laundered funds through mixers before converting them to cash for luxury cars, watches, rentals and $500 k nightclub tabs.
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