Joseph Rees

Bitcoin ETFs Lose $95 Million as Ether’s 5-Day Inflow Streak Comes to an End

Key Takeaways Bitcoin ETFs lost $95.30M and Ether ETFs shed $52.08M, ending recent inflow streaks. Solana ETFs saw small outflows, while HYPE and XRP ETFs recorded no trading activity. Japan signaled plans to study crypto ETFs as global digital asset…

Circle Wins OCC Approval for National Trust Bank to Strengthen USDC Infrastructure

Key Takeaways Circle won OCC approval for a national trust bank to strengthen USDC infrastructure. Circle National Trust could bring USDC reserve management under federal OCC oversight. Circle plans to expand custody services, reinforcing USDC’s role in regulated finance. Jeremy…

MARA Shares Jump 13% After 2 GW Texas Power Deal for AI and Bitcoin Growth

Key Takeaways MARA will acquire a Texas site with up to 2 GW of power capacity by 2028 for HPC and mining. MARA shares rose over 13% as the deal expanded its digital infrastructure strategy. Construction starts in 2026, with…

This Trader Sold His CASHCAT for $711 Instead of Retiring: Here’s the Math

Key Takeaways Lookonchain says a trader sold 20M CASHCAT for $711, missing $2.7 million after the token’s July surge. CASHCAT hit an all-time high of $0.147 on July 8 as Robinhood Chain DEX volume topped $563 million. CASHCAT’s roughly $105…

Coinfest Asia 2026 Scheduled for August in Bali with Specialized Industry Tracks

Coinfest Asia 2026, organized by Indonesia Crypto Network through its subsidiary Coinvestasi, will take place from Aug. 20 to 21 at Melasti Beach in Bali, Indonesia. The event is structured to bring together digital asset institutions, developers, and market participants….

New CLARITY Act Draft Could Land Next Week as Senate Faces 60-Vote Test

Key Takeaways Sources say the merged CLARITY Act adds over 70 pages and could drop the week of July 13. The bill needs 60 Senate votes; two Democrats warn unresolved ethics rules could cost their support. Floor action is targeted…

Bitcoin

Circle Accused by New York and Wisconsin Prosecutors of Hindering USDC Recovery for Scam Victims

Key Takeaways Wisconsin charged Circle over a warrant to seize 381,000 USDC stolen in a crypto romance scam. Circle holds 119 million frozen tokens, with critics noting it earns interest on backing reserves. Circle reached a federal deal to permanently…

[Exclusive] BSP: Crypto-to-Crypto Trading ‘Fits Naturally’ Under SEC; VASP Rule Amendments Planned

The Bangko Sentral ng Pilipinas (BSP) said crypto-to-crypto trading for speculative or investment purposes through an exchange “fits naturally” under the perimeter of the Securities and Exchange Commission (SEC), and confirmed it plans to expose amendments to Circular No. 1108,…

Bitdeer Invests $36 Million in First US Sealminer Factory as Bitcoin Mining Margins Stay Tight

Key Takeaways Bitdeer is building a $36M Nevada plant to produce 10,000 Sealminer units monthly by 2026. Sealminer efficiency targets weak mining margins as hashprice stays near historic lows. Bitdeer is expanding U.S. manufacturing and AI infrastructure to strengthen long-term…

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…