The government-backed roadmap calls for the UK’s first digital gilt by early 2027 and seeks to make tokenized bonds usable for trading and borrowing. The United Kingdom could add up to 33 billion pounds ($44 billion) to its annual economic output by 2035 by becoming a leader in tokenized financial markets, according to a government-backed industry task force. The estimate appears in the first report from Wholesale Digital Markets Champion Chris Woolard, who was appointed by HM Treasury to help implement the government’s digital markets strategy. Developed with an industry task force, the report sets out a 12-month plan to test blockchain in a financial transaction where securities are used to borrow cash. It also calls for the UK to issue its first tokenized government bond by the first quarter of 2027. Read more
A dormant whale transferred BTC worth $188 million after seven years of holding, adding to the growing ratio of whale transfers to cryptocurrency exchanges. A wallet last active when Bitcoin was trading near $6,500 transferred $188 million of its holdings in recent days, its first onchain movement in seven years. With the biggest cryptocurrency now trading at around $64,000 apiece, the whale transferred 2,931 Bitcoin (BTC) from wallet ‘356my’ to wallet address ‘bc1qn’ on Sunday, according to blockchain data platform Arkham. The whale is likely looking at a nearly ten-fold gain on the long-dormant holdings, according to blockchain analytics platform Onchain Lens. Read more
Binance futures volume jumped 80% in June, to $1.61 trillion, outpacing rivals while broader crypto trading activity remained weak. Binance’s futures market volume is hitting a new 2026 high even as cryptocurrency spot trading remains stuck at its weakest levels in two years. Binance, the world’s largest centralized exchange (CEX) by trading volume, recorded $1.6 trillion in futures trading volume in June, its highest level of 2026, according to CryptoQuant analyst Maarten Regterschot, who posts under the moniker "Maartuun." “That might seem unexpected,” Maartunn wrote in a post on Friday, noting that Bitcoin remains in the mid-$60,000 range as many cautious traders continue to describe the market as bearish. Read more
Bitcoin price analysis called for the end of the bear market within three months as the US-Iran war sent BTC lower from strengthening $64,000 resistance. Bitcoin (BTC) starts the new week with a bump as traders brace for more macro volatility. Key points: Bitcoin continues to circle its lowest levels since Q3 2024, but one theory is already calling for the return of the bull market as soon as September. Read more