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  • Strategy to raise $4.2B as Q2 unrealized Bitcoin gains hit $14B
    Cointelegraph.com - 12:41 Jul 07, 2025
    Michael Saylor’s Strategy skipped weekly Bitcoin buys for the first time since April, announcing a new $4.2 billion stock sale and reporting $14 billion in unrealized gains in Q2. Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, reported $14 billion in unrealized gains on its holdings in the second quarter of 2025. The company recorded an unrealized gain on its digital asset holdings of $14.05 billion, along with a deferred tax expense of $4.04 billion, according to a filing with the US Securities and Exchange Commission on Monday “As of June 30, 2025, the Company’s digital asset carrying value was $64.36 billion, with a related deferred tax liability of $6.31 billion,” the filing stated. Read more
  • LetsBonk flips PumpFun in 24-hour revenue: DefiLlama
    Cointelegraph.com - 11:37 Jul 07, 2025
    Solana’s newest memecoin launchpad, LetsBonk, doubled Pump.fun’s daily revenue with $1.04 million, shaking up the leaderboard in the memecoin space. Solana memecoin launchpad LetsBonk surpassed rival Pump.fun in 24-hour revenue, according to data aggregated by decentralized finance (DeFi) platform DefiLlama.  The latest DefiLlama figures show that LetsBonk generated $1.04 million in revenue in the last 24 hours, nearly doubling Pump.fun’s revenue of $533,412. LetsBonk’s revenue surge marked a rare shift in dominance in the Solana memecoin sector, where Pump.fun has typically held the top spot.  Both platforms offer simplified tools for launching and trading memecoins. However, LetsBonk appears to be gaining traction due to the support of the Bonk (BONK) memecoin community and its social campaigns.  Read more
  • How Bhutan plans to boost its local economy with crypto tourism
    Cointelegraph.com - 10:56 Jul 07, 2025
    Damcho Rinzin, the director of Bhutan’s Department of Tourism, said the sector has struggled because of its payment infrastructure. The Kingdom of Bhutan is integrating cryptocurrency payments into its tourism infrastructure in a bid to modernize its economy and attract younger, tech-savvy travelers. In a panel discussion during Binance’s Crypto-Powered Tour in Bhutan, Damcho Rinzin, the director of Bhutan’s Department of Tourism, told the audience that the country’s tourism sector has long struggled because of the country’s payment infrastructure.  On May 7, Binance Pay partnered with local bank DK Bank to let users pay for their expenses in Bhutan using crypto. During the panel discussion, DK Bank president Ugyen Tenzin said almost 1,000 merchants nationwide have been onboarded to accept the payment method.  Read more
  • Metaplanet adds 2,204 Bitcoin for $237M, now holds 15,555 BTC
    Cointelegraph.com - 10:43 Jul 07, 2025
    Japan’s Metaplanet has become the world’s fifth-largest corporate Bitcoin holder after acquiring 2,204 BTC. Japan’s top corporate Bitcoin treasury company, Metaplanet, has acquired another 2,204 Bitcoin for $237 million. In a filing on Monday, the company said it acquired an additional 2,204 Bitcoin (BTC) at an average price of 15,640,253 Japanese yen per Bitcoin (about $107,700). This brings Metaplanet’s total holdings to 15,555 BTC at an average purchase price of about $99,985 each. According to BitcoinTreasuries.NET data, Metaplanet is the fifth-largest corporate holder of Bitcoin. The company overtook the holdings of electric vehicle manufacturer Tesla in late June with an acquisition of 1,234 BTC, which brought its holdings to 12,345 BTC, with Tesla holding 11,509 BTC. Read more
  • Bitcoin Bollinger Bands reach critical point ahead of 'upside breakout'
    Cointelegraph.com - 10:25 Jul 07, 2025
    A widely used Bitcoin technical analysis indicator suggests that BTC is on the verge of a “big move” toward new all-time highs. Key takeaways: Bitcoin’s Bollinger Bands indicator now sees the potential for BTC price breakout above $110,000.  Bitcoin eyes new all-time highs in July due to multiple tailwinds. Read more
  • Crypto funds post $1B inflows with net assets breaking new highs
    Cointelegraph.com - 09:24 Jul 07, 2025
    Bitcoin ETPs saw $790 million of inflows last week, a slowdown from the previous three-week average of $1.5 billion, with dynamics shifting in favor of Ether, according to CoinShares. Cryptocurrency investment products clocked another week of inflows last week, even as volatility persisted across major digital assets, including Bitcoin (BTC) and Ether (ETH). Global crypto exchange-traded products (ETPs) recorded $1.04 billion of inflows for the trading week ended Friday, CoinShares reported on Monday. With the fresh inflows, crypto ETPs continued breaking year-to-date (YTD) inflow records, setting a new historical high just under $19 billion, said CoinShares’ head of research, James Butterfill. Read more
  • ‘False move’ to $105K? 5 things to know in Bitcoin this week
    Cointelegraph.com - 09:11 Jul 07, 2025
    Bitcoin sets another record high weekly close as traders determine where the BTC price tops and bottoms will be. Bitcoin (BTC) was inches away from all-time highs after it sealed another record weekly close. Bitcoin traders are eyeing both a return to price discovery and a “false move” to take liquidity at $105,000. The weekly close sealed July as a month for the record books, with “final resistance” now next on bulls’ to-do list. Read more
    Tags: Bitcoin
  • Elon Musk confirms new ‘America Party’ will embrace Bitcoin
    Cointelegraph.com - 06:26 Jul 07, 2025
    Elon Musk announced the formation of a new political party on Sunday, telling one of his followers on X that it will embrace Bitcoin as “fiat is hopeless.” Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will accept Bitcoin. “Fiat is hopeless, so yes,” Musk replied to an X user who asked if his new party would embrace Bitcoin. Elon Musk is no stranger to Bitcoin as Tesla was an early adopter, holding BTC in its treasury. Read more
  • UK sentences 2 men to prison over $2M cold-calling crypto scam
    Cointelegraph.com - 06:23 Jul 07, 2025
    Two men who admitted to running a crypto scheme that defrauded 65 investors have both been sentenced to over five years in prison. The UK has sentenced two men to a combined total of 12 years in prison after they admitted to running a crypto scheme that stole over 1.5 million British pounds ($2 million) by cold-calling victims.  The Financial Conduct Authority said on Friday that a central London court handed the scheme’s operators, Raymondip Bedi and Patrick Mavanga, their sentences after the pair pleaded guilty to multiple charges in November. Bedi was sentenced to five years and four months behind bars, while Mavanga was sentenced to six years and six months. Read more
  • Bitcoin eyes new high on tariff deadline, Musk love: Analysts
    Cointelegraph.com - 05:47 Jul 07, 2025
    Bitcoin trades 2% below ATH as analysts eye new records amid looming US tariff deadline and upcoming “Crypto Week” volatility. Bitcoin could set a new record high as early as this week, with all eyes trained on the United States’ trade tariff deadline on Wednesday, which could unlock risk appetite, along with an upcoming “Crypto Week” in the country’s capital.  “Bitcoin is likely to set a new all-time high this week or next,” the head of research at 10x Research, Markus Thielen, told Cointelegraph on Monday.  He added that post-July 4th seasonality “tends to be bullish, and markets have largely shrugged off tariff-related risks.” Read more
    Tags: Bitcoin
  • Jack Dorsey tests Bitchat — decentralized messaging without internet
    Cointelegraph.com - 03:59 Jul 07, 2025
    Block CEO Jack Dorsey has released a white paper and launched a beta for Bitchat, a decentralized messaging app using Bluetooth mesh networks for internet-free, encrypted communication. Block CEO and Twitter co-founder Jack Dorsey has launched the beta version of a new decentralized peer-to-peer messaging service that runs entirely over Bluetooth.  Jack Dorsey said his weekend was spent learning about “Bluetooth mesh networks, relays, store and forward models, message encryption models, and a few other things” as he introduced Bitchat on X on Sunday.  The “Bluetooth mesh chat” system has “IRC [Internet Relay Chat] vibes,” Dorsey added, harking back to the early days of web-based messaging systems in the late 1990s.  Read more
  • TON coin dips 6% after UAE authorities deny golden visa claim
    Cointelegraph.com - 01:30 Jul 07, 2025
    Emirates News Agency has refuted The Open Network’s claim that applicants who stake $100,000 worth of TON for three years would be eligible for 10-year golden visas. The native cryptocurrency of The Open Network has retraced 6% from its 24-hour high after United Arab Emirates regulators refuted claims that staking Toncoin (TON) could create a pathway to UAE residency. Toncoin initially shot up 10% to $3.03 on Sunday after The Open Network claimed that applicants staking $100,000 worth of Toncoin for three years make applicants eligible for the UAE’s golden visa program. However, the cryptocurrency partially retraced after the Emirates News Agency shared a joint statement from several regulators denying that claim.  Read more
  • Update: UAE Denies TON golden visa claim
    Cointelegraph.com - 23:06 Jul 06, 2025
    After TON claimed a staking program would offer golden visas for holders to enter the United Arab Emirates, the country's news agency shot down the idea of a partnership. Update (July 6, 12 pm UTC): This article has been updated to include comments from Sigil Fund partner Joe HedgeHog. Editor’s Note: This article has been substantially updated to include the denial from the UAE press office. The Open Network (TON), the blockchain platform spun out of Telegram, unveiled what it described as a new pathway to UAE residency, offering 10-year Golden Visas to applicants who stake $100,000 worth of Toncoin (TON) for three years and pay a one-time $35,000 processing fee. “Secure your Golden Visa in under 7 weeks from document submission to the Visa Office,” TON announced Saturday, detailing that its UAE-based partners will manage the visa processing and residency status confirmation. Read more
    Tags: Update
  • ‘Is this real?’ CZ questions TON’s UAE Golden Visa as gov’t sources stay silent
    Cointelegraph.com - 19:20 Jul 06, 2025
    Changpeng Zhao is skeptical of the new offer promising a UAE Golden Visa to TON stakers. Update (July 6 at 11:30 pm UTC): This article has been updated to include an official response from UAE regulators denying reports of golden visas being issued to digital currency investors. Former Binance CEO Changpeng “CZ” Zhao has questioned the legitimacy of The Open Network’s new pathway to UAE residency, noting the absence of any official announcement from UAE government sources. As Cointelegraph reported, The Open Network announced on Saturday that 10-year UAE Golden Visas will be available to applicants who stake at least $100,000 worth of Toncoin (TON) for three years and pay a $35,000 processing fee. The visa could reportedly be secured in under seven weeks. Read more
  • VC Roundup: DeFi, AI, hybrid exchanges showcase resilient month for crypto
    Cointelegraph.com - 17:50 Jul 06, 2025
    Rails, Yupp, Beam, Frachtis, Interface Labs, Gradient Network, Story, Blueprint Finance and Units Network headline the latest VC Roundup. Venture capital funding in the crypto industry has shown signs of stagnation in recent months, with some firms struggling to close new funds — a trend highlighted by Sarah Austin, co-founder of the real-world asset (RWA) platform Titled, which raised a $1.3 million seed round earlier this year. Despite this challenging macro environment, “Blockchain infrastructure remains the lead story in the crypto space,” said Kaden Stadelmann, chief technology officer at Komodo Platform. He noted that the key crypto themes still attracting investment include AI, decentralized physical infrastructure networks (DePIN), tokenization, payments and RWAs. In June, several high-profile funding deals reflected this continued interest, with decentralized finance (DeFi), trading platforms, pre-seed growth funds and projects at the intersection of digital assets and artificial intelligence all sec...
  • Crypto adoption will be driven by high-growth markets, with or without the US
    Cointelegraph.com - 15:00 Jul 06, 2025
    Crypto adoption is rapidly growing in high-growth markets, where the technology is solving real-world problems, like remittances, financial inclusion and supply chain inefficiencies. Opinion by: Dominic Schwenter, chief operating officer of Lisk The US is in the middle of a crypto boom. Exchange-traded fund approvals have opened the door to institutional adoption, liquidity is increasing and regulatory clarity is beginning to take shape under a more crypto-aligned administration. Filings from the Securities and Exchange Commission referencing blockchain hit an all-time high in February 2025, signaling a broader shift in how seriously the technology is being taken at the highest levels. Read more
    Tags: Crypto
  • Bitcoin 'cup and handle' breakout gives $230K target as SOL eyes 2800% gain
    Cointelegraph.com - 13:20 Jul 06, 2025
    Bitcoin and Solana are in for astronomical upside if they both complete a cup and handle breakout pattern, monthly chart analysis concludes. Key points: Bitcoin and Solana can reach parabolic new highs if both crypto tokens successfully complete a cup and handle pattern, according to analysis. BTC price and SOL price targets are $230,000 and $4,390, respectively. Read more
    Tags: Bitcoin
  • Vitalik proposes gas cap to enhance Ethereum security, stability
    Cointelegraph.com - 12:56 Jul 06, 2025
    Vitalik Buterin proposes EIP-7983 to cap transaction gas at 16.77 million, aiming to boost Ethereum security, stability, and zkVM compatibility. Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter have put forward EIP-7983, which aims to introduce a protocol-level cap on transaction gas usage to increase network security and performance. The proposal sets a maximum gas limit of 16.77 million (2²⁴) for individual transactions. “By implementing this limit, Ethereum can enhance its resilience against certain DoS vectors, improve network stability, and provide more predictability to transaction processing costs,” the proposal reads. Under the current Ethereum (ETH) architecture, a single transaction can theoretically consume the entire block’s gas limit, posing a risk of denial-of-service (DoS) attacks and leading to unpredictable network behavior. Read more
    Tags: Ethereum
  • Secret Service seizes $400M in crypto, cold wallet among world’s largest
    Cointelegraph.com - 06:58 Jul 06, 2025
    Secret Service quietly amasses one of the world’s largest crypto cold wallets with $400 million seized, exposing scams through blockchain sleuthing and VPN missteps. The US Secret Service has quietly seized nearly $400 million in digital assets over the past decade, amassing one of the world’s largest crypto cold wallets, Bloomberg reported Saturday, citing people familiar with the matter. The agency’s Global Investigative Operations Center (GIOC) has tracked funds through open-source tools, blockchain analysis, and patience, Jamie Lam, an investigative analyst with the US Secret Service, reportedly told law enforcement officials in Bermuda last month. The agency’s crypto trove, much of which sits in a single cold-storage wallet, results from a string of investigations into scams. Scammers lure targets into seemingly legitimate crypto investment platforms in one typical scheme. Victims often see initial profits before the sites vanish with their deposits. Read more
  • $8.6B Bitcoin whale transfer shows no signs of sell-off: Arkham
    Cointelegraph.com - 06:05 Jul 06, 2025
    Arkham says the massive Bitcoin whale transfer might be due to a wallet upgrade, but others in the industry have their own theories. Blockchain intelligence firm Arkham says the recent $8.6 billion in Bitcoin that was moved on Thursday for the first time in over 14 years doesn’t appear to be heading for a sell-off. “There are no indications that this whale is selling Bitcoin,” Arkham said in an X post on Friday. Arkham added that the eight transfers — which moved 10,000 Bitcoin (BTC) at a time from eight wallets that were untouched for over 14 years — may be possibly due to the owner upgrading from the original legacy wallet to a Native SegWit address, which is said to have improved security and lower fees. “Yesterday’s $8 billion transfers were possibly related to address upgrades, moving from 1-addresses to bc1q-addresses,” Arkham said. Read more

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