Todayās Insider ā¬ļø
š¤ Crypto Regulation: Russia greenlights crypto for global trade: State Duma passes landmark bill
š Pre-IPO Token: Bitget launches pre-IPO token trading starting with SpaceX on Solana
š Crypto Sales: Ethereum Foundation sells nearly $24 million of ETH to Tom Lee's Bitmine
Market UpdateĀ
Market | Value | Day P&L | YTD |
Bitcoin | $77,494 | -1.02% | -17.19% |
Ethereum | $2,312 | -1.11% | +31.06% |
Solana | $86 | +0.15% | -43.01% |
XRP | $1.43 | -0.18% | -34.69% |
S&P 500 | $7,165 | +0.80% | +30.64% |
Gold | $4,708 | +0.05% | +41.22% |
1. Russia's State Duma Passes Bill Legalizing Crypto for International Trade Settlements
Crypto regulation: Russia's State Duma has passed the first reading of a landmark bill legalizing cryptocurrency for international trade settlements, opening a legal payment corridor for an estimated $240 billion in trade volume cut off from SWIFT by Western sanctions.
š Insider Insight: The bill is less a crypto policy decision and more a sanctions workaround with Bitcoin and Ethereum as the primary qualifying assets. The immediate watch item is how quickly U.S. regulators move to close the corridor the legislation creates.
Top Crypto Insider Pick of 2026Ā
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
š” Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring itās more than just another token; itās a practical tool for modern traders.
2. Bitget Launches Pre-IPO Token Trading with SpaceX Derivative on Solana
Pre-IPO token: Bitget has launched IPO Prime with preSPAX, a derivative token tracking SpaceX's economic performance issued via Republic on Solana.
š Insider Insight: The latest development gives retail investors tradeable pre-IPO exposure to one of the most anticipated public listings in years. Moreso, preSPAX offers liquidity without equity rights, breaking the traditional pre-IPO lock-up model while sidestepping shareholder protections entirely.Ā Ā
What is the smallest unit of Bitcoin called?
3. Ethereum Foundation Sells $24 Million in ETH to Bitmine in Direct OTC Deal
Crypto sales: The Ethereum Foundation sold 10,000 ETH to Bitmine in an OTC deal worth nearly $24 million to fund core operations, as Bitmine's ETH holdings climbed to 4,976,485 ETH.
š Insider Insight: The direct OTC sale to Bitmine is a structurally cleaner funding mechanism than open-market selling, reducing downward price pressure while still converting ETH to operating capital. For Bitmine, the deal reinforces its position as the go-to institutional buyer for large ETH blocks at a time when the foundation needs a reliable exit route.
Thatās all for todayās insight. Stay informed, and weāll see you in tomorrowās edition.
Till next time,
3Insiders Team
