Crypto

Trust Wallet's CEO says the next phase of crypto won't be won by ideology, but by products that make self-custody feel as simple, safe, and obvious as mobile banking.

The Digital Chamber filed an amicus brief urging the dismissal of the New York lawsuit seeking ownership of 39,069 dormant Bitcoin wallets, arguing it would set a dangerous precedent for self-custodial wallets. Blockchain trade association the Digital Chamber filed an amicus brief in the New York lost property case seeking ownership of thousands of dormant Bitcoin addresses.  The Monday filing is the second amicus brief in the case. It opposes the claims of ownership, arguing that treating dormant wallets as abandoned property would create a “pervasive cloud on title across self-custody wallets.” Digital Chamber argues that a ruling based on the plaintiffs’ theory would undermine the “foundational principles of digital property ownership, with negative ripple effects reaching the traditional finance industry.” Read more

DOGE, ADA, and XLM are the other losers from the larger-cap alts.

Decta's report said the market cap of eight MiCA-compliant euro stablecoins rose to $673.9 million in the year before Europe’s CASP transition period ended. The market capitalization of compliant euro stablecoins grew 128% in the year leading up to the end of the Markets in Crypto-Assets Regulation (MiCA) transition period, according to payments infrastructure firm Decta. Decta said in a Sunday report that the combined market cap of eight MiCA-compliant euro stablecoins rose to $673.9 million on June 28, 2026, from $295.6 million on June 30, 2025. Trading volume rose 43.1% to $67.3 million from $47 million. The number of MiCA-compliant euro stablecoins tracked in the report also rose to eight from five over the period. Decta tracked eight euro stablecoins that were actively issuing tokens and had market capitalization and trading volume during the study period. By contrast, the European Securities and Markets Authority interim MiCA register lists a broader set, including tokens that may not meet Decta's activ...

A turf war between Treasury and Commerce over 328,372 BTC has frozen Trump's Strategic Bitcoin Reserve, with the DOJ now mediating the disputed oversight. The post Battle of the Bitcoin Reserve: Treasury-Commerce Department Infighting Delays Trump Crypto Plan appeared first on Cryptonews.

[PRESS RELEASE – Zug, Switzerland, July 7th, 2026] Premium virtual assets pioneer BTCS (Middle East) Ltd. is now fully authorized by the Financial Services Regulatory Authority (FSRA) of ADGM, enabling regulated institutional services across the UAE. Building on its position as Switzerland’s leading crypto financial services provider, Bitcoin Suisse is further accelerating its international expansion. […]

The product, called BTC Yield, is designed exclusively for people who already hold bitcoin.

Japanese bond yields continue to rise, lifting their U.S. counterparts and posing a potential headwind for risk assets.

Spot bitcoin ETFs still lost a net $526.6 million over the shortened holiday week, an eighth straight week of negative flows.

Strategy sold more Bitcoin, but Grayscale believes that the move will "restore confidence in its financing structure" and help BTC "find a more durable bottom."

One crypto trader noted the $2 million loss could have been prevented had the victim read the transaction route before signing the transaction. A trader who swapped $2.01 million worth of Ether on a decentralized exchange has been left with just $14,500 worth of tokens after a router directed the order through a low-liquidity pool, allowing an Ethereum block builder to profit massively from a same-block arbitrage trade. The trader swapped 1,126.44 of Ether (ETH) but only received 5,776 Lighter (LIT) tokens, in a “textbook case of same-block backrun extraction,” according to GoPlus Security. “This was a real, highly imbalanced backrunner arbitrage, not a classic sandwich attack,” GoPlus Security said. Titan Builder was the biggest beneficiary, walking away with $1.8 million from the transaction, which took place on Monday at 1:59 am UTC. Read more

Yield Guild Games said tough crypto and video game market conditions mean its YGG Play business is no longer commercially sustainable. Crypto gaming company Yield Guild Games says it has shut down its crypto game publishing arm, YGG Play, and will instead focus on feeding data to artificial intelligence. Yield Guild Games said Monday that it would also lay off 35 employees, adding that a prolonged crypto market downturn and a “similarly brutal” video game publishing market meant YGG Play “cannot be commercially sustainable.” It said a major market crash on Oct. 10 “fundamentally altered retail market psychology, and we do not expect the crypto consumer market or the Web3 games publishing market to recover sufficiently in the near term.” Read more

“Investors are now more confident about the instrument,” said Grayscale’s Zach Pandl regarding STRC, which reclaimed $90 for the first time in three weeks. Strategy's $216 million Bitcoin sale on Monday should be seen as a positive development for the price of Bitcoin and as a move that renews confidence in STRC, according to analysts. The sale of 3,588 BTC to fund preferred stock dividend payments and replenish cash has boosted Strategy’s dollar reserves to cover 17 months of dividend payments. “The rebound in STRC suggests investors are responding positively to this decision,” Grayscale Research said Monday. Andri Fauzan Adziima, research lead at Bitrue Research Institute, told Cointelegraph that Strategy’s recent sale was a “smart, stabilizing move that actually strengthens the setup for Bitcoin.” Read more

The attacker bought enough of the memecoin's tokens to pass a governance proposal that sent the group's holdings to a wallet they controlled, then began selling.

Buyers defended the session lows and pushed XRP back toward resistance, but muted overall volume left traders waiting for confirmation above $1.13-$1.14.

The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship in the Strait of Hormuz lifted oil and tested the late-June peace deal as Asian tech sold off again.

US President Donald Trump once called Bitcoin “a scam,” but admitted on Monday that he got involved in crypto “a little bit for politics.” US President Donald Trump says he got involved in crypto “for politics” and became pro-crypto after seeing how much money the industry was making. At a press conference in the Oval Office on Monday to announce “Trump Accounts,” an investment account for children under 18, Trump was asked whether the accounts would allow for Bitcoin (BTC). “I’ve become a big crypto guy only for one reason: If we don’t have it, China’s going to have it,” Trump answered. “I’m a fan, I wasn’t initially, I didn’t know much about it, but, for some of my first term, I wasn’t much involved, and I watched it grow, and it's a huge industry.” Read more

BTC is trading at a two-week high after it reached the $64,000 level in early trading on Tuesday morning. 

Blockchains will face increasing pressure to compromise on decentralization to meet user demand for speed and scalability, Injective CEO Eric Chen said. Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen. This pressure will come from the need to satisfy users’ desire for faster speeds or more block space for higher throughput, Chen told Cointelegraph’s Chain Reaction podcast on Monday.  “In our mind, it’s essentially about finding scaling opportunities without compromising the fundamental pillars that define what a blockchain is,” he said.  Read more

The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve. The Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the reserve should be structured and which agency should have primary oversight of the holdings. US President Donald Trump’s March 2025 executive order called for the SBR to be housed inside the Treasury Department, while other agencies would assist with asset seizures to build the reserve.  However, concerns have emerged over whether the Treasury has the legal authority to manage the Bitcoin (BTC) holdings, partly because of its volatility, Bloomberg reported Monday, citing people familiar with the matter.  Read more