Crypto News Today (July 8): BTC Drops Back to $62K, Coinbase Premium Hits Record Lows, and the EU is Eyeing Even Tighter Crypto Regulation
In crypto news today (July 8), Bitcoin has experienced a slight retracement, still sitting comfortably above $60,000, but down -1.1% over the past 24-hours and trading for around $62,600. Liquidations have slowed since yesterday, dropping from over $532M to $345M,…
Saylor’s Strategy Sold $135 Million in Bitcoin Without Tapping Its $1.25 Billion Monetization Program
Key Takeaways Vaneck’s Matthew Sigel says Strategy’s $135M July bitcoin sale left its $1.25B monetization program untouched. Strategy sold 3,588 BTC for about $216M between June 29 and July 5 to fund preferred stock dividends. Sigel called Strategy ‘a hedge…
Bitmine buys another $70M in ETH as treasury nears 5% of supply
Bitmine has increased its Ethereum treasury with another $70 million purchase, taking its holdings to nearly 5% of the token’s circulating supply. Summary Bitmine has purchased another 40,000 ETH worth about $70 million, taking its Ethereum treasury close to 5%…
Terawulf and Anthropic Sign 20-Year AI Data Center Lease Worth $19 Billion
Key Takeaways Terawulf signed a 20-year Anthropic lease worth about $19B in contracted revenue. Fluidstack will buy Terawulf’s 50.1% Abernathy stake, freeing capital for AI growth. Justified Data targets 401 MW by early 2028, with AI campuses driving future expansion….
Bitcoin 21M cap debate erupts after StarkWare CEO’s 4% proposal
StarkWare CEO Eli Ben-Sasson has revived debate over Bitcoin’s fixed supply after suggesting annual issuance. Summary Ben-Sasson argued lost private keys reduce usable Bitcoin supply, making fixed issuance worth reconsidering. Bitcoin supporters rejected the idea, saying the 21M cap remains…
PNB to Eliminate InstaPay, PESONet Fees Starting July 10
Philippine National Bank (PNB) will waive transaction fees for domestic fund transfers via InstaPay and PESONet starting July 10, 2026. The lender announced through an official advisory that the zero-fee structure will apply to transactions processed through its mobile application,…
A $15 Billion Plan Would Put a Floating City of 50,000 in International Waters
Key Takeaways Freedom Cruise Line seeks $15.6B for a 50,000-resident city; financing remains the hurdle. Norman Nixon’s 1990s concept revives, testing maritime engineering and nuclear power plans. Freedom Ship targets a 3-4 year build if funded; regulatory approval remains the…
Polymarket enables Bitcoin Lightning deposits powered by Spark
Polymarket has enabled instant self-custodial Bitcoin deposits through the Lightning Network, using payment infrastructure from Spark. Summary Spark gives Polymarket faster Bitcoin funding while keeping deposits tied to users’ own wallet keys. Lightning deposits reduce confirmation delays that can matter…
List: PH Banks With Free InstaPay and PESONet Transfers After BSP Fee Rules
Several Philippine banks and electronic wallet operators have eliminated or adjusted their digital transaction costs in response to a central bank mandate requiring financial institutions to lower retail fund transfer charges. The fee adjustments follow the Bangko Sentral ng Pilipinas…
Analyst Predicts 2-3 Years of Crypto Gains as Risk-On Environment Emerges
Bitcoin dominance signals are among the indicators the analyst believes point toward a changing market cycle. Crypto analyst Matthew Hyland says the macro backdrop that punished digital currencies for four straight years is finally turning, pointing to patterns that…
