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…
Key Takeaways Sources say the merged CLARITY Act adds over 70 pages and could drop the week of July 13. The bill needs 60 Senate votes; two Democrats warn unresolved ethics rules could cost their support. Floor action is targeted for the week of July 20, ahead of the Aug. 7 recess seen as the…
Key Takeaways Wisconsin charged Circle over a warrant to seize 381,000 USDC stolen in a crypto romance scam. Circle holds 119 million frozen tokens, with critics noting it earns interest on backing reserves. Circle reached a federal deal to permanently freeze flagged USDC and issue new tokens to victims. State Prosecutors Clash With Stablecoin Giant…
The Bangko Sentral ng Pilipinas (BSP) said crypto-to-crypto trading for speculative or investment purposes through an exchange “fits naturally” under the perimeter of the Securities and Exchange Commission (SEC), and confirmed it plans to expose amendments to Circular No. 1108, its 2021 rule governing Virtual Asset Service Providers (VASPs), for public comment, according to a…
Key Takeaways SWIFT launched a blockchain ledger for tokenized deposits, enabling 24/7 global interbank transactions. Seventeen banks will pilot the network, easing liquidity limits and improving fund management efficiency. Swift developed the ledger in just nine months, setting the foundation for future programmable money. Swift Moves To The Blockchain Era With New Tokenized Deposit-Based Network…
