Bitcoin climbs above $63K as easing oil prices lift risk appetite
Bitcoin has climbed back above $63,000, gaining about 2% over the past 24 hours, as lower oil prices and softer U.S. bond yields have improved sentiment toward risk assets despite the crypto market remaining in extreme fear. Summary Bitcoin has…
Paradigm Raises $1.2 Billion Fourth Fund, Expands Beyond Crypto Into AI and Robotics
Paradigm, one of crypto’s most influential venture capital firms, announced on July 8 that it has closed a $1.2 billion fourth fund. The vehicle marks a deliberate widening of the firm’s investment mandate beyond digital assets into artificial intelligence, robotics,…
Tether Expands Its Footprint in Latin America With a $20 Million Investment in Mercado Bitcoin
Key Takeaways Tether invested $20M in Mercado Bitcoin, accelerating the expansion of Latam on-chain payment infrastructure. Mercado Bitcoin will deploy the capital to build tokenized assets, securing a wider footprint across Latam. Brazil is advancing stablecoin regulations, providing clear rules…
Why It Could Be a Bullish Twist
Trading volume for Solana has fallen to 2026 lows as record negative sentiment raises the possibility of a surprise market reversal. Solana’s recovery appears to have lost momentum after it shed over 6% in the past week. As it…
Bitdeer unveils $36M Nevada factory to shake up Bitcoin mining
Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. Summary Bitdeer will invest $36 million in a Nevada factory to produce SEALMINER Bitcoin mining machines. The…
Elon Musk Says SpaceX Could Be Worth More Than Everything Else on Earth if Goals Are Met
Key Takeaways Elon Musk said SpaceX could exceed the rest of Earth’s total value if the company accomplishes its long-term goals. The claim followed criticism of a reported Anthropic, xAI, and SpaceX deal tied to AI compute access. SpaceX’s IPO,…
Analyst Sees Upside for ETH Ahead of Glamsterdam Upgrade
Rising spot activity alongside falling leverage suggests long-term buyers may be replacing speculative traders. Ethereum (ETH) is trading at nearly 65% below its all-time high, with attention around the asset at an almost yearly low, even as its largest…
BDO, Chinabank, EastWest Waive InstaPay and PESONet Transfer Fees
The pricing updates follow regulatory adjustments directed by the Bangko Sentral ng Pilipinas (BSP) regarding electronic payment pricing. Source link
Paul Grewal exits Coinbase legal helm before crucial CLARITY vote
Paul Grewal has announced that he will step down as Coinbase’s chief legal officer on July 31, handing over leadership of the exchange’s legal team just days before the US Senate is expected to resume work on the CLARITY Act….
North Carolina Sides With Federal Preemption, Taxing Prediction Markets 6% While Sportsbooks Pay 23%
Key Takeaways North Carolina’s signed budget taxes prediction markets at 6% of net trading fee revenue, effective January 1, 2027. The state declines to require prediction platforms to hold a state license, recognizing CFTC authority instead. Sports betting operators face…
