Crypto

Bitcoin selling intensified this week, but data shows an assortment of buyers absorbing the flow. Key takeaways: Bitcoin is stuck between $100,000–$110,000 as mid-to-long-term holders lock in profits. Despite the movement of older coins, one analyst sees this redistribution as typical in bull markets and believes the market is absorbing the selling pressure. Read more

Many provisions of the legislation, which received overwhelming support in the state House and Senate, take effect on Oct. 1. Connecticut Governor Ned Lamont has signed a bill into law restricting the use of digital assets in state government, including the establishment of a cryptocurrency reserve. On Monday, Lamont signed Connecticut House Bill 7082, which was previously approved by the US state’s House of Representatives and Senate. The legislation specifically prohibits the state government from “accepting or requiring payment in the form of virtual currency” or “purchasing, holding, investing in or establishing” a crypto reserve. The bill, introduced in February by state Representative Jason Doucette, also establishes requirements for crypto money transmission licensees in Connecticut. The provisions barring the state government from accepting crypto or establishing a digital asset reserve take effect on Oct. 1. Read more

Stocks like Nvidia, Tesla, and Strategy are now tokenized on Solana and trading via Kraken and other platforms. Here's what you need to know.

Through new access inside the SEC, DOGE has reviewed Biden-era SPAC liability and private fund data rules to identify cost efficiencies. The collaboration has pleased deregulatory advocates yet unsettled agency staff who say White House participation may test the SEC’s independence. The post DOGE Presses SEC to Relax SPAC Rules – Will Musk’s Influence Tip the Scales? appeared first on Cryptonews.

Tron’s TRC-20 USDT is now default on major exchanges, fueling daily stablecoin dominance across Latin America, Africa, and Asia.

Publicly traded DDC Enterprise plans to buy 5,000 BTC over the next three years after raising fresh funding to fuel its Bitcoin strategy.

Michael Saylor’s Strategy has propelled into a cohort of U.S. firms with quarterly gains above $10 billion, driven by about $14 billion in unrealized Bitcoin-linked profit and an accounting rule shift. Shares have climbed more than 3,100 % since 2020, yet skeptics led by Jim Chanos question the valuation premium and urge shorts. The post Michael Saylor’s Strategy Shocks Wall Street As $14 Billion Bitcoin Gains Match Amazon & JPMorgan appeared first on Cryptonews.

The Securities and Exchange Commission (SEC) is working with US exchanges on a generic listing framework for token-based exchange-traded funds (ETFs) that could eliminate the need for issuers to file individual rule-change requests, Fox News’ Eleanor Terret reported on July 1. According to the report, the initiative would enable an ETF sponsor to bypass the customary […] The post SEC reportedly considering standard to fast-track crypto ETFs appeared first on CryptoSlate.

Arbitrum has climbed back toward $0.33 after shedding 7% from yesterday’s peak, while its $2.4 billion TVL, 1 million active wallets, and ties to Robinhood and Binance have reinforced its position as Ethereum’s busiest Layer-2, although the token remains 86% below its all-time high. The post Arbitrum ($ARB) Defies Market Slump: Can the Ethereum L2 Leader Hit $0.59 Next? appeared first on Cryptonews.

UniCredit has introduced a structured investment certificate that offers full capital protection at maturity while tracking BlackRock’s iShares Bitcoin Trust ETF for up to 85 % of its gains. Running 1–28 July, the five-year product is open to Italy-based professional clients. The post UniCredit Launches Capital-Protected Bet on BlackRock’s $75B Bitcoin ETF – Upside Capped at 85% appeared first on Cryptonews.

SEC Approves Grayscale Conversion of its Digital Large Cap Fund to a spot ETF, creating one of the first SEC-regulated multi-asset crypto ETFs in the U.S. The fund has tracked Bitcoin, Ethereum, XRP, Solana, and Cardano, rebalancing quarterly and permitting daily share creation to curb pricing gaps. The post SEC Approves Grayscale Conversion, Launching First U.S. Multi-Asset Crypto Spot ETF appeared first on Cryptonews.

The company offers crypto trading on the platforms that it manages, including the mixed-asset trading platforms Swissquote and Yuh. Swissquote, the online trading platform behind the crypto-friendly Yuh app, has been ordered by Swiss regulators to reduce the number of phishing and impersonation attempts targeting its platforms. More than 600 websites impersonating Swissquote platforms or attempting to defraud users through fraudulent login portals were discovered in the first half of 2025, according to Bloomberg. The Swiss Financial Market Supervisory Authority (FINMA) cited the Yuh platform, which also features crypto trading, as a major target of fraud campaigns perpetrated by scammers. Read more

European banking behemoth UniCredit is entering the crypto arena with a structured product tied to BlackRock’s spot Bitcoin exchange-traded fund (ETF), Bloomberg News reported on July 1, citing an internal memo. Under the plan, UniCredit will offer professional clients a five-year, U.S. dollar-denominated investment certificate linked to BlackRock’s iShares Bitcoin Trust (IBIT). The product will […] The post UniCredit to offer Bitcoin exposure to professional clients via BlackRock IBIT-linked certificate appeared first on CryptoSlate.

The regulator approved Grayscale's bid to convert a fund primarily focused on Bitcoin, but also holding other major cryptocurrencies, into an exchange-traded fund.

Robinhood crypto has broadened in the US and EU, rolling out Arbitrum-based stock and ETF tokens, fee-free crypto perpetual futures and staking for EU users, plus Legend chats, tax-lot trading and a Gold card that returns 3% in cash or tokens, marking a shift toward a full multi-asset brokerage. The post “I’m Most Excited About Stock Tokens, As We Can Use Crypto For More Than Trading Assets,” Says Robinhood Crypto GM appeared first on Cryptonews.

Will Bitcoin close the week above $108,000? The odds on the Myriad prediction market have swung dramatically.

The Polkadot ecosystem saw a steep fall in transaction volume in the first half of the year.

Developers can build cross-platform Solana mobile apps with wallet integration, token actions and NFTs in just 15 minutes. Solana now offers a mobile-first developer toolkit with wallet adapters, transaction helpers and templates. Developers can use React Native to build iOS and Android apps simultaneously. Deep-link wallet connections (e.g., Phantom, Backpack) eliminate the need for custom back-end integrations. Read more

The Securities and Exchange Commission (SEC) has approved the proposal to convert the Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF), completing the conversion of the crypto index product into an ETF structure.  According to a July 1 filing, the ETF will issue trust units that track a basket of the five largest […] The post SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading appeared first on CryptoSlate.

The product will become the largest multi-token digital asset ETF in the world.