Prediction Markets Surge Over Folarin Balogun’s Suspended FIFA Red Card
Key Takeaways FIFA suspended Folarin Balogun’s red card, fueling a prediction market with $300K in trading volume. Trump admitted calling FIFA’s president to review the ban, sparking controversy over political interference. Belgium officially contested Balogun’s eligibility, threatening further actions for…
Belgium regulator drops warning against six crypto platforms
Belgium’s financial markets regulator has added six crypto platforms to its warning list after finding they are operating in the country without the authorization required under the European Union’s Markets in Crypto-Assets MiCA framework. Summary Belgium’s FSMA has warned consumers…
Bitcoin Rebounds Above $63,500 After Strategy’s $216M Sale Triggers $214M in Short Liquidations – Bitcoin News
Key Takeaways Strategy sold 3,588 bitcoins for $216 million between June 29 and July 5 to fund preferred stock dividends. The sale sparked a brief Monday dip to $61,246, liquidating $214 million in short bets across the crypto economy. Bulls…
TeraWulf jumps as $19B Anthropic lease accelerates AI data center expansion
TeraWulf has secured a 20-year lease with Anthropic expected to generate nearly $19 billion in contracted revenue, sending the Bitcoin miner’s stock sharply higher despite weakness across crypto-related equities. Summary TeraWulf signed a 20-year lease with Anthropic worth an estimated…
Aave V4 Deposits Exceed $250M, Monad Market Surpasses $100M in 48 Hours
Aave, the largest decentralized lending protocol by total value locked, has notched two significant milestones within the same week. The protocol’s V4 deployment on Ethereum surpassed $250 million in deposits, while its newly launched lending market on the Monad blockchain…
Cardano Whales Accumulate as 14,783 New Wallets Join Post-Selloff
Cardano (ADA) added 14,783 new non-empty ADA wallets in the days following its June 23 price bottom, according to on-chain data firm Santiment. ADA has since gained +24% in seven days, touching $0.199 on July 5 before settling near $0.181,…
Vitalik Buterin Says Ethereum’s Next Rebuild Will Rival The Merge, Take Three to Four Years
Ethereum co-founder Vitalik Buterin has outlined an updated long-term roadmap for the network, describing the multi-year “Lean Ethereum” initiative as the protocol’s biggest overhaul since the 2022 Merge. The update follows a gathering of Ethereum researchers in Berlin in late…
42,197 ETH Acquired as Bitmine Builds $11.1B Crypto Treasury While Strategy Sells
Key Takeaways Strategy sold 3,588 BTC on Jul. 5 to fund preferred stock dividends. Bitmine added 42,197 ETH, bringing holdings to 5.74 million ether. Tom Lee targets 5% of ethereum supply as institutional treasury models evolve. Strategy Breaks With Its…
Is $1.5K or $2K Next for ETH?
Ethereum is attempting to recover after defending the $1.5K region once more, but the broader trend remains under pressure. The price is now approaching a major confluence resistance area that could determine whether this rebound develops into a larger trend…
Circle shrugs off Jefferies warning as USDC dominates stablecoin trades
Circle shares have climbed despite a bearish analyst note from Jefferies, as fresh data has shown USDC processed more than twice the adjusted stablecoin trading volume of Tether’s USDT in June. Summary Circle shares gained despite a bearish Jefferies note…
