Crypto

Meanwhile, XRP's fight for $1.00 continues without much success.

BTC has dropped 0.6% since midnight UTC as Nasdaq 100 futures slip 1.1%, with the FOMC's July meeting minutes and a White House crypto summit both due Wednesday.

Bitcoin trades near $64,215 as ETF outflows and rising yields cap upside. Key support, resistance levels, and an early-stage presale alternative. The post Bitcoin Price Analysis: Can BTC Break Out of This Range and Hit $65K? appeared first on Cryptonews.

BTC outperformed Wall Street on Monday, breaking its recent pattern of lagging behind U.S. stocks.

An anonymous trader on Polymarket holds a No position on the CLARITY Act worth about $414,895, roughly 2.6 times larger than the $160,200 in liquidity currently available on the market where it sits. CryptoSlate's live market data puts CLARITY Act odds near 20% Yes, a number now widely read as Washington's probability estimate for the […] The post Polymarket’s 20% CLARITY Act odds sit on a market one $100K trade could radically reprice appeared first on CryptoSlate.

Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday. Bitcoin (BTC) short liquidations hit their highest in almost one month as it hit $64,500 on Monday, new data reveals. Key points: Read more

Austria's Financial Market Authority fined the Vienna-based exchange 70,000 euros for procedural and disclosure breaches, an early marker of how EU regulators intend to enforce the bloc's new crypto rulebook.

Large XRP transactions skyrocketed over the past day, which just adds more to the Ripple whale picture but the price keeps struggling.

The newly authorized lenders will begin offering e-CNY services after completing operational and technical preparations. China’s central bank has added eight banks to its digital yuan network, bringing the number of e-CNY operating institutions to 30.  The People’s Bank of China (PBOC) added Ping An Bank, Hengfeng Bank, China Bohai Bank, Bank of Shanghai, Bank of Hangzhou, Huishang Bank, Bank of Changsha and Guangxi Beibu Gulf Bank, according to a Xinhua report published Monday on the government’s website. The banks will be connected to the PBOC’s digital yuan system and begin offering services after completing operational and technical preparations.  Read more

Users who build applications through Pi Network's AI-powered Pi App Studio will be the most affected.

The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts. South Korean authorities have ordered access to Polymarket to be blocked after determining that the crypto prediction market provides an illegal gambling environment to users in the country. The country’s media and communications review commission said Tuesday that Polymarket falls under information that facilitates gambling or the opening of a gambling venue under the Criminal Act, as well as prohibited analogous betting activity under the National Sports Promotion Act. The regulator said Polymarket’s winner-takes-all structure, where users can gain or lose money based on outcomes including politics, sports and weather, encourages speculative gambling behavior. It also cited Polymarket’s role in operating markets, setting trading rules, providing crypto deposit, withdrawal and settlement systems and collecting transaction fees. Read more

Changpeng Zhao retired his public wallet after traders profited by front-running burns, sending $965,000 in assets to Giggle Academy. The post CZ Wallet Abandoned After Traders Earned Big on Signals appeared first on Cryptonews.

Bitcoin returned 87 times over a decade, while only 13% of actively managed US large-cap equity funds beat comparable passive funds' benchmarks through June 30, according to Morningstar data reported by The Wall Street Journal. That rate rose to 27% over the latest 12 months, and Wall Street has argued that AI-driven dispersion and higher […] The post Bitcoin turned $10,000 into $870,000 in a decade where 87% of active stock funds failed to beat passive rivals appeared first on CryptoSlate.

The 30-year Treasury yield hit its highest since 2007 and Brent topped $91 as the US-Iran conflict escalates, pressuring stocks. Bitcoin is holding its range, for now.

BitBox recommended all users update to firmware version 9.26.5 and said it had received no reports of exploitation or fund losses. Hardware wallet maker BitBox has released a firmware update that fixes two vulnerabilities it described as “severe” that could have enabled the installation of malicious firmware or put user funds at risk.  In a security disclosure on Monday, BitBox said one involved memory corruption affecting Multi editions of BitBox02 and BitBox02 Nova that had not been configured with a wallet. A malicious host could exploit it to execute arbitrary code and potentially install malicious firmware, which could lead to lost funds.  The second affected BitBox’s Silent Payments implementation and could have allowed a malicious host to lock Bitcoin to an unintended address. Direct theft was not possible, but an attacker could potentially demand a ransom to cooperate in recovering the coins, according to BitBox. The company said it had received no reports of either vulnerability being exploited or ca...

The CLARITY Act could expand DeFi into tokenized equity and bond markets, but Senate uncertainty is keeping institutional capital on the sidelines. The post Clarity Act Uncertainty Keeps DeFi’s Bigger Market Bet on Hold appeared first on Cryptonews.

USDT and USDC contracts move from the next period, while returning to four-hour settlement requires 36 stable hours. The post KuCoin’s new perp rule can turn one funding-rate extreme into 36 hours of hourly settlements appeared first on CryptoSlate.

South Korea's Jeonbuk Bank is set to deploy Ripple Payments as businesses seek faster alternatives to traditional cross-border transfer routes.

The quant trading heavyweight rebuilt its Bitcoin ETF exposure during the second quarter, with BlackRock’s fund accounting for most of the position.

Bulls are stacking longs, liquidity is thinning and one key level could trigger large liquidations.