Crypto

Active addresses jumped 72% in two weeks while open interest fell to its lowest level since July 2025, giving traders a cleaner setup even as price remains trapped below resistance.

Bitcoin held below $60,000 as a surging dollar kept crypto pinned. Onchain demand stayed quiet through the week's losses, and Strategy's plan to possibly sell bitcoin added to the caution.

Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demand-supply imbalance and thin local liquidity.

Bitmine purchased about $43 million worth of Ether last week as it entered the Russell 1000 Index, bringing it closer to its goal of owning 5% of ETH’s supply. Ether treasury company Bitmine Immersion Technologies added more than 27,000 Ether to its holdings last week as the firm joined the Russell index tracking the largest 1,000 US companies. Bitmine said Monday that after its latest $43 million purchase, it held just over 5.7 million Ether (ETH) bought at an average price of $1,569 per token and held 4.7% of the ETH supply of 120.7 million tokens, closer to its goal of owning 5% of Ether’s supply. Bitmine chairman Tom Lee said the past week “was a challenging one for crypto investors as ETH fell by 8%, even as Ethereum witnessed notable positive developments such as the creation of Ethlabs, and even the Bank of England softened its stance around stablecoins.”  Read more

It sends “a very clear signal” to other institutions that may be sitting on the sidelines and looking at these larger funds as leaders, said MidChains CEO Basil Al Askari. Sovereign wealth funds have been accumulating spot Bitcoin, a sign that Bitcoin’s current price level is becoming attractive to institutional investors, according to MidChains CEO Basil Al Askari. While there has been a slowdown in retail crypto market participation, the opposite is being seen on the institutional and corporate side, Basil Al Askari said on Cointelegraph’s Chain Reaction podcast on Monday.  “I would be able to confirm that one, at least one, and possibly in the coming weeks, two sovereign wealth funds have been accumulating spot Bitcoin specifically,” he said.  Read more

Merlijn says Garlinghouse should not be attacking Saylor since Ripple funds itself by selling XRP from escrow every month.

The SEC alleged that NanoBit’s crypto trading platform was fake and that hundreds of thousands of dollars in investor funds were misappropriated. The US Securities and Exchange Commission has won its fraud suit against crypto platform NanoBit Limited, nearly two years after the agency accused it of stealing hundreds of thousands of dollars from at least 18 investors between 2023 and 2024. The announcement by the SEC on Monday came nearly two weeks after the US District Court for the Eastern District of New York entered a final judgment against four entities and two individuals tied to the NanoBit fraud case on June 16. The SEC alleged that NanoBit’s operators impersonated financial professionals in WhatsApp groups to trick investors into depositing funds on the fake platform. Instead, the funds were allegedly diverted to scheme participants, the SEC said.  Read more

Hyperliquid follows Bybit onto Singapore's "naughty" list, Indonesia's new scheme to certify social media influencers promoting crypto: Asia Express. The Monetary Authority of Singapore (MAS), the city-state's central bank and financial regulator, has added decentralized perpetuals exchange Hyperliquid to its Investor Alert List. The entry, added on Friday, includes the Hyper Foundation website and the Hyperliquid trading app. The Investor Alert List is a consumer protection measure that identifies entities that may be wrongly perceived as licensed or regulated by MAS. Inclusion on the list does not constitute a ban or enforcement action. Read more

The tokenization firm is expected to begin trading on the NYSE on Thursday, becoming one of the first publicly traded pure-play tokenization companies.

The UK’s financial regulator has published its crypto regulatory framework, setting the authorization deadline for cryptocurrency firms for February 2027. The UK's Financial Conduct Authority (FCA) has published its landmark crypto regulatory framework, marking the completion of its crypto roadmap seeking to bring digital assets under the regulator's purview.  Significant new elements include mandatory licensing for crypto firms, capital stress-testing requirements, improved market manipulation and insider trading rules, as well as simplified capital requirement standards for stablecoin issuers, according to a Tuesday press release shared with Cointelegraph. The licensing window for crypto companies will open from September until Feb. 28, 2027, before the regime goes live on Oct. 25, 2027. Read more

Bitcoin’s loose hold on $60,000 and soft futures markets raise questions about whether BTC has bottomed. Bitcoin (BTC) trades at an important inflection point as retail investors are selling, big institutions are in a hold despite the discounted valuation and the market is paused at $60,300—awaiting the next significant move. The situation reveals two very different investor groups making opposite bets. Retail investors sell, TradFi watches The general mood is fearful, with the Crypto Fear & Greed Index sitting at 36 out of 100, indicating fear but not total panic. This number masks a sharp divide. In June alone, investors pulled $4.4 billion from US spot Bitcoin ETFs—the worst month this year. At the same time, Strategy continues to buy BTC, although the pace and size of its purchases have slowed. While ETF flows and Bitcoin treasury accumulation are not in a buying phase, a majority of corporate BTC treasuries have not reduced their existing positions.  Read more

The proposal aims to give XRPL users guaranteed execution priority if they pay a reservation fee before a ledger closes.

House Speaker Mike Johnson transmitted a housing bill with a provision barring the US Federal Reserve issuing or creating a CBDC until 2030 to Donald Trump on Monday. US President Donald Trump has about 10 days to decide whether or not to sign bipartisan housing legislation containing a ban on a central bank digital currency (CBDC) into law after saying he planned to prioritize a controversial voting bill. According to reports, House Speaker Mike Johnson sent the 21st Century ROAD to Housing Act to Trump’s desk on Monday, kicking off a 10-day timeline for the president to decide whether to ignore, sign or veto the bill under the US Constitution, excluding Sundays. The bill, passed by the House of Representatives last week, included language barring the Federal Reserve from issuing or creating a CBDC “or any digital asset that is substantially similar” until the end of 2030. Donald Trump signing executive orders on Monday. Source: The White House Read more

A new model built by DeepReinforce is meant for developers who want AI that finishes the job, not just autocompletes the next line.

Strategy's shares remained 42% down from its market-rattling Bitcoin sale nearly a month ago.

Qihoo 360 unveiled a homegrown vulnerability-hunting AI this week—and Z.ai went further, releasing comparable capabilities as open-weight code anyone can download.

Data shows Coinbase is trading near the lower end of its yearly range, far from the momentum levels seen at PARC's launch.

Lawmakers in the US Senate are on state work periods until July 13, giving them only four weeks to address a cryptocurrency market structure bill before another break and possible delays due to campaigning for elections. The path of the Digital Asset Market Clarity (CLARITY) Act, a bill intended to establish comprehensive guidelines for cryptocurrency regulation, remains uncertain with the US Congress set to break for another state work period in a matter of weeks. Since passage in the US House of Representatives in July 2025, the CLARITY Act has faced several hurdles advancing in Congress, from industry pushback on stablecoin rewards to lawmakers’ concerns about ethics. The bill passed the Senate Agriculture Committee in January and the Senate Banking Committee in May along party lines, setting it up for consideration in the full chamber. However, US President Donald Trump on Wednesday cancelled the signing ceremony for the 21st Century ROAD to Housing Act, a housing bill that received bipartisan support in ...

Rising demand for put options and persistent ETF outflows highlight Bitcoin's weakness despite lower oil prices. Key takeaways: Bitcoin has failed to reclaim the $61,000 mark since Thursday, despite optimism fueled by lower crude oil prices following the US and Iran's 60-day ceasefire agreement. Demand for downside Bitcoin price protection jumped to unusually high levels, prompting traders to question whether $55,000 is the next target. Read more

The court overturned a 91-year precedent, allowing President Trump to fire key federal regulators whenever he wishes for almost any reason.