South Korea Removes 1 Million Won Threshold for Crypto Travel Rule
🇰🇷 South Korea has approved amendments to its crypto Travel Rule, requiring all transfers between registered domestic VASPs to include sender and recipient information regardless of transaction value.
🔎 The change is intended to prevent users from splitting large transfers into smaller transactions to avoid monitoring. The FIU cited a case involving the purchase of USDT followed by 216 withdrawals, each kept below the previous 1 million won threshold.
🏦 Exchanges will also face stricter compliance requirements, while transfers involving overseas platforms and personal wallets will be managed based on risk levels. Larger exchanges with existing Travel Rule infrastructure may be better positioned to adapt.
⏳ The expanded Travel Rule is expected to take effect around February 2027. The direct impact on crypto prices is likely limited, though compliance costs and transaction friction in South Korea could increase.
$WET - Mcap 12.22M$ - 24h Sentiment Neutral SC02 M5 - pending Long order. Entry contains POC + not affected by any weak zone, the current support zone is around 1.30% wide. The uptrend has lasted 12 hours 55 minutes, with the largest recorded price increase at 6.73%. If price loses this support zone, the trend will likely reverse downward.
$5 Billion Western Gateway Pipeline to Open a New Fuel Corridor to the U.S. West
🏗️ Phillips 66, Kinder Morgan and HF Sinclair have made a final investment decision on the Western Gateway Pipeline, a roughly 1,300-mile refined-products system with an enterprise value of about $5 billion.
⛽ Designed to transport 230,000 barrels per day, the project will connect fuel supplies from Texas and the Mid-Continent with Arizona and California. Most of its capacity is expected to be backed by 10-year take-or-pay contracts.
🌎 The new corridor could improve the West Coast’s access to domestic fuel supplies and reduce reliance on seaborne imports as California’s refining capacity continues to shrink.
📅 Completion is targeted for 2029, although the timeline remains subject to permitting, construction costs and regulatory approvals. $PSX, $KMI and $DINO are directly involved in the project.
$FLOW - Mcap 54.85M$ - 24h Sentiment +4.25 Bullish SC02 M1 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 0.76% wide. The uptrend has lasted 5 hours 57 minutes, with the largest recorded price increase at 8.94%. If price loses this support zone, the trend will likely reverse downward.
China Auto Sales Drop Sharply in July as NEV Penetration Hits Record 65.1%
🚗 Passenger vehicle retail sales in China reached 1.461 million units in July, down 20.9% YoY and 8.8% from the previous month, reflecting continued weakness in domestic demand.
⚡ New energy vehicle sales totaled 951,000 units, down 3.9% YoY, while NEV penetration climbed to a record 65.1%. BEV sales rose 6% to 647,000 units, while PHEV sales fell 21.1%.
⛽ Sales of gasoline-only vehicles declined by around 44% YoY, highlighting the continued shift away from internal combustion engines despite softer overall demand.
🌏 Passenger vehicle exports jumped 87.8% to 918,000 units, with NEV exports surging 147.8% to 540,000 units, providing significant support to China’s auto industry.
Rhine River hits record-low water levels, putting pressure on European freight transport
🌊 Water levels at Kaub, one of the Rhine River’s most critical bottlenecks, have fallen to around 15 cm, below the previous 2018 record of 25 cm and the lowest level ever recorded.
🚢 Commercial shipping through the area has nearly stalled, while many vessels can carry only about 20% of their normal loads. Companies are shifting cargo to road and rail, significantly increasing logistics costs.
🏭 Disruptions are beginning to spread across German industry, particularly chemicals, steel and energy. Some companies have adjusted transport operations, reduced output or declared force majeure.
⚠️ Water levels at Kaub could fall below 10 cm in the coming days, increasing the risk of further supply-chain disruptions and higher production costs across Europe if dry conditions persist.
$LSK - Mcap 19.61M$ - 24h Sentiment Neutral SC02 M1 - pending Long order. Entry contains POC + not affected by any weak zone, the current support zone is around 2.81% wide. The uptrend has lasted 2 hours 51 minutes, with the largest recorded price increase at 16.89%. If price loses this support zone, the trend will likely reverse downward.
US Small-Business Optimism Nears One-Year High as Hiring Plans Surge
📈 The NFIB Small Business Optimism Index rose 2.4 points in July to 99.8, its highest level since August 2025 and above the long-term average of 98.0. Eight of the index’s ten components improved.
👥 Hiring provided the strongest signal, with 20% of business owners planning to create jobs over the next three months, up 9 points and the highest since October 2022. However, 36% still reported unfilled positions, highlighting persistent labor shortages.
💵 Price pressures showed signs of easing as the share of businesses citing inflation as their biggest problem fell to 14%, while the proportion raising selling prices dropped 7 points to 31%.
⚖️ The report suggests momentum among US small businesses remains relatively positive, though elevated uncertainty and labor shortages keep upcoming CPI and employment data important for Fed rate expectations.
MoneyGram Expands Ramps to Solana, Strengthening Global Crypto-to-Cash Access
🌐 MoneyGram has officially launched MoneyGram Ramps on Solana, allowing applications to integrate cash-to-crypto and crypto-to-cash conversions through a single API.
💵 The service supports cash-in across more than 25 countries and crypto-to-cash withdrawals in over 170 countries and territories, expanding access to digital assets through MoneyGram’s physical retail network.
📱 Rift has become the first platform to integrate Ramps on Solana. MoneyGram also became a Solana validator in June 2026, reflecting its growing involvement in the ecosystem.
📈 The expansion is a positive development for Solana’s adoption and real-world payments utility over the medium to long term. However, the direct impact on SOL’s price may remain limited, as broader usage will depend on additional wallets and applications integrating the service.
Riot Platforms accelerates its shift into AI infrastructure with a $9.1 billion deal
🤖 Riot Platforms announced an agreement to provide 191 MW of critical IT capacity at its Rockdale, Texas campus to a “frontier AI lab,” with a base contract value of approximately $9.1 billion over 20 years. Bloomberg identified the customer as Anthropic, although neither party has publicly confirmed this.
📈 $RIOT shares rose more than 20% in after-hours and pre-market trading following the news, reflecting expectations that AI data centers could become a new growth driver alongside Bitcoin mining.
⚡ Combined with an additional 50 MW agreement with AMD, Riot now has about 241 MW of contracted AI/HPC capacity representing nearly $9.8 billion in long-term revenue.
🏗️ Deployment is expected to begin in late 2027 and reach full capacity in 2028. Key risks remain construction execution, capital requirements, and the lack of official confirmation from Anthropic.
$BSP SC02 M1 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 1.55% wide. The uptrend has lasted 1 hour 57 minutes, with the largest recorded price increase at 10.89%. If price loses this support zone, the trend will likely reverse downward.