Key Takeaways The yen dropped to historic lows, raising policy tightening fears that threaten global crypto liquidity. Bitfinex flagged the yen carry trade as a macro risk, warning a sharp reversal will hit BTC and ETH. Japan spent $73B on FX interventions, showing limited impact against massive global trading volumes. Yen Carry Trade Reversal Awakens…
China Banking Corp. (Chinabank) announced that it has partnered with financial technology company Paywatch to launch Earned Wage Access Plus (EWAP), a digital solution allowing employees to withdraw a portion of their earned salaries before their scheduled payday. Platform Mechanics The service enables eligible employees of Chinabank’s payroll partner companies to make multiple salary withdrawals…
Key Takeaways EU Parliament advanced the digital euro, moving the CBDC into final negotiations with member states. The asset will provide free basic accounts and holding limits, protecting commercial bank liquidity. The ECB will use the CBDC to counter stablecoins, reducing European dependence on external providers. Digital Euro Advances To Negotiation Phase Europe is a…
Key Takeaways Ethereum Foundation AI agents uncovered CVE-2026-34219, a remotely-triggerable bug in libp2p’s gossipsub. One agent produced about 1,000 candidate findings, with 86% of top-tier picks surviving expert review. The foundation said July 9 that triage, not bug-finding, is the bottleneck; human validation stays essential. A Lot of Misdiagnosis The experiment was detailed in a…
Key Takeaways On July 10, bitcoin surged to $64,653, reversing losses from Middle East tensions. The sudden rally forced a massive $170 million in short liquidations across the crypto market. Bitunix Analyst warns bitcoin’s macro trend relies on holding the critical $64,000 level. Bitcoin Erases Geopolitical Losses On Friday, bitcoin breached $64,000, entirely erasing the…
Key Takeaways Bitcoin ETFs lost $95.30M and Ether ETFs shed $52.08M, ending recent inflow streaks. Solana ETFs saw small outflows, while HYPE and XRP ETFs recorded no trading activity. Japan signaled plans to study crypto ETFs as global digital asset adoption expands. Japan Weighs Crypto ETFs as Bitcoin and Ether Funds Return to Outflows The…
Key Takeaways Circle won OCC approval for a national trust bank to strengthen USDC infrastructure. Circle National Trust could bring USDC reserve management under federal OCC oversight. Circle plans to expand custody services, reinforcing USDC’s role in regulated finance. Jeremy Allaire Hails OCC Charter as Circle Expands USDC Circle Internet Group has received approval from…
Key Takeaways MARA will acquire a Texas site with up to 2 GW of power capacity by 2028 for HPC and mining. MARA shares rose over 13% as the deal expanded its digital infrastructure strategy. Construction starts in 2026, with Starwood Digital Ventures targeting AI and bitcoin workloads. MARA to Acquire 1,200-Acre Texas Campus With…
Key Takeaways Lookonchain says a trader sold 20M CASHCAT for $711, missing $2.7 million after the token’s July surge. CASHCAT hit an all-time high of $0.147 on July 8 as Robinhood Chain DEX volume topped $563 million. CASHCAT’s roughly $105 million market cap sits on about $6.6 million of liquidity, an exit-risk red flag. Meme…
Coinfest Asia 2026, organized by Indonesia Crypto Network through its subsidiary Coinvestasi, will take place from Aug. 20 to 21 at Melasti Beach in Bali, Indonesia. The event is structured to bring together digital asset institutions, developers, and market participants. According to an announcement from the organizers, the event will introduce specialized content tracks and…
