Crypto

Bitcoin ascended to an all-time high just shy of $123,00 during the European morning.

US House leaders have designated this week as “crypto week,” during which lawmakers will vote on three major digital asset bills. Here's what to expect. It’s officially “Crypto Week,” a multi-day event where leaders in the US House of Representatives hope to vote on three cryptocurrency bills expected to bolster the national crypto industry. The CLARITY Act, the GENIUS Act and the Anti-CBDC Surveillance State Act are expected to go through debate, amendments and a final vote over the coming days. “Crypto Week” was announced by French Hill, chair of the House Committee on Financial Services, on July 3. Hill said the legislation would establish “a clear regulatory framework for digital assets,” as well as set the ground rules for dollar-pegged stablecoin issuance, and aims to block central bank digital currency (CBDC) issuance “to safeguard Americans’ financial privacy.” Read more

The White House's campaign for new Federal Reserve leadership amped higher over the weekend.

Too many Democrats “standing in the way” of crypto and “out of step with the very voters we need to win,” says former Virginia Governor Terry McAuliffe.

The UAE is attracting a global wave of crypto millionaires with zero-tax profits, regulatory clarity and elite residency perks. With no personal income or capital gains tax and recent VAT exemptions on crypto transactions, the UAE provides an unmatched financial incentive for crypto investors. Dubai’s VARA and Abu Dhabi’s FSRA lead with retail and institutional frameworks, while RAK, Sharjah and others are developing tailored zones and policies for Web3 innovation. Free zones like DMCC, ADGM and DIFC offer business-ready ecosystems, while high-speed internet, 5G and cloud services make the UAE a plug-and-play hub for crypto firms. Read more

Small oversights can carry big price tags.

Crypto-focused asset manager Grayscale's IPO may enable it to seek out new funding avenues such as stock or convertible note offerings. Cryptocurrency-focused asset manager and exchange-traded fund (ETF) issuer Grayscale joined a growing list of crypto companies seeking to launch IPOs in the United States. On Monday, Grayscale said it had filed to list its company shares with the Securities and Exchange Commission (SEC) under a new clause that enables confidential filings ahead of a final public offering. Entering public markets would enable Grayscale to seek more funding opportunities through strategies such as public stock offerings, which was leveraged by Michael Saylor’s Strategy, or convertible note offerings, such as GameStop’s $2.25 billion offering from June 13. Read more

By securing a national trust charter, USDC’s issuer, Circle, plans to directly manage its $62-bilion reserves. Circle, the fintech firm behind USDC, has filed an application with the Office of the Comptroller of the Currency (OCC) to establish America’s first digital currency bank, a national trust institution that would bring stablecoins fully into the federally regulated financial system. The proposed entity, First National Digital Currency Bank, wouldn’t operate like a traditional consumer bank. It wouldn’t offer deposits or loans. Instead, it would focus on Circle USDC trust bank functions: safeguarding USDC (USDC) reserves, managing cash and short-term Treasury holdings and offering digital asset custody services to institutional clients. Read more

Project X seeks to open up Hyperliquid's HyperEVM with a Uniswap-style automated market maker experience—and make DeFi more user-friendly too.

TRUMP token recovers 13% as whale exits with $1.37M loss ahead of major $880M token unlock.

The company aims to become public just a few months after Circle.

Crypto ETFs hit record $3.7B weekly inflows as Bitcoin held above $121K, but analysts warn momentum could quickly reverse.

The asset manager joins a number of crypto firms that are looking to go public as the digital assets market heats up.

Hedera (HBAR) joined Stellar (XLM) as a top performer, rising 19.1%.

Bitcoin hit new all-time highs above $122,000 on Monday, up 29% in 2025, overtaking gold’s 27% gains year to date. Key takeaways: Bitcoin's new highs above $122,000 translate to 29% year-to-date gains, overtaking gold’s 27%. BTC price uptrend remains resilient as an ascending parallel channel targets $125,000 next. Read more

If convicted on all three charges, Storm faces a maximum sentence of 45 years in prison.

SHIB has outperformed bitcoin this month with a 20% increase compared to bitcoin's 13% gain.

Now the largest known corporate Ether treasury, SharpLink Gaming acquired nearly $49 million worth of ETH. NASDAQ-listed sportsbook marketing firm SharpLink Gaming bought almost $49 million worth of Ether (ETH) on Sunday, as ETH prices soared past $3,000. The company, whose board is chaired by Ethereum co-founder Joseph Lubin, has been all-in on ETH since late May. This transaction brings SharpLink Gaming’s total treasury value to 198,300 ETH, worth nearly $608 million at time of writing. According to onchain analytics service Arkham Intelligence and blockchain explorer Etherscan, a wallet belonging to SharpLink Gaming received 16,370 ETH worth $48.7 million on Sunday, from a wallet likely controlled by Ethereum development organization Consensys. Read more

Biotech firm Sonnet is merging with Rorschach to form Hyperliquid Strategies, which aims to become HYPE token’s largest United States-listed holder. Nasdaq-listed biotech company Sonnet BioTherapeutics announced a strategic pivot into crypto, unveiling an $888 million entity to launch a Hyperliquid (HYPE) digital asset treasury.  On Monday, Sonnet said it formed a business combination with the newly created Rorschach to launch a treasury strategy focused on the HYPE token, the native crypto token of the fast-growing Hyperliquid ecosystem.  The deal includes transforming Sonnet into Hyperliquid Strategies Inc. (HSI), which is expected to be the largest United States-listed public company holding the HYPE token on its balance sheet. The company aimed to hold 12.6 million HYPE tokens, worth about $583 million when the agreement was made.  Read more

Users can exit early by selling back into the bonding curve before the event ends, assuming there’s demand.