Open USD Membership Claims Challenged After Samsung, Others Dispute Participation
Open USD’s unveiling hit early controversy after multiple Korean companies said they only learned about their inclusion through media reports. Several major South Korean companies have said they have not formally joined the newly announced Open USD (OUSD) consortium,…
Standard Chartered wins MiCA passport as EU approves 57 firms
Standard Chartered has secured a MiCA passport as the European Securities and Markets Authority has added 57 newly authorized crypto firms to its register following the end of the EU’s transition period. Summary ESMA has expanded its MiCA register to…
Solana Launches Binding Onchain Governance With Staker Override Rights
The Solana Foundation launched a fully onchain governance system on July 1, 2026, giving validators and SOL stakers a formal, binding mechanism to vote on protocol-level decisions for the first time in the network’s history. The system, called Solana Governance…
Bitcoin Recovers Toward $62K as ETF Inflows Return and Trump’s BTC Holdings Make Waves: Weekly Crypto Update
Bitcoin bounced from $58,000 toward $62,000 this week, while altcoins recovered and ETF inflows returned. Although July has only just begun, the past seven days brought some much-needed and long-awaited relief to the cryptocurrency market, even if the overall…
3 AIs Give Surprising Answers
SOL is the “easiest pick,” ChatGPT said. The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months. Despite the grim reality, the current…
Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan
Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are…
Bitcoin Investment Products Suffer $1.44B in Outflows During Worst Week of 2026
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market. Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin…
First-Ever Crypto Fraud Case Under New Investor Protection Law
South Korean authorities tracked suspects for months after CatFi case was initially dismissed despite early blockchain sleuth reports and evidence. South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called…
7RCC Brings Bitcoin and Carbon Markets Together in New ETF Launch
Key Takeaways 7RCC launched BTCK, an ETF with 80% bitcoin and 20% carbon credit futures exposure. BTCK links bitcoin with the EU, California, and RGGI carbon markets in one listed fund. Gemini custodies BTC as 7RCC targets growing demand for…
Worldcoin price dives over 25% as Arthur Hayes exits WLD, will $0.35 support break?
Worldcoin price has plunged more than 25% after Arthur Hayes closed his entire WLD position, triggering a sharp reversal in one of the crypto market’s strongest AI-linked trades. Summary Worldcoin price plunged 28% after Arthur Hayes disclosed that Maelstrom had…
Morgan Stanley Opens New Crypto-to-ETF Path With Galaxy Digital
Morgan Stanley Wealth Management has launched a new referral arrangement with Galaxy Digital that allows eligible clients to lend cryptocurrency directly in exchange for shares of spot crypto exchange-traded products (ETPs) — bypassing the conventional cash liquidation route and, in…
Will ETH Dump Toward $1K Next?
Ethereum has entered a decisive bearish phase after losing multiple high-timeframe support levels in a matter of days. The latest sell-off pushed ETH through a major confluence zone that had previously acted as support throughout the first half of the…
Bitcoin Sell-off Theory Points to Spacex, OpenAI, Anthropic IPO Mania Draining Crypto Cash
Key Takeaways Bitcoin weakness has been linked to demand for the Spacex IPO and potential public listings from OpenAI and Anthropic. Strategy’s 32 BTC sale challenged corporate treasury-trade psychology despite its relatively small size. Future correlation breakdowns could become signals…
Ethereum price touches $1,500 as market crash deepens, analyst flags risk of $1,000
Ethereum price plunged towards the $1,500 level after a wave of long liquidations, persistent ETF outflows, and worsening macroeconomic conditions triggered one of the sharpest crypto selloffs of 2026. Summary Ethereum price plunged to around $1,500, extending weekly losses to…
Ethereum Has 3x More Holders Than Bitcoin Despite a Brutal Price Decline: Analyst
Wallet data shows Ethereum has over three times as many holders as Bitcoin. Ethereum has emerged as the blockchain with the largest number of holders, far ahead of Bitcoin. Data on non-empty wallets shows that Ethereum has around 189.49…
NY Court Pauses Default Judgment After Lawyer Argues 39,069 Bitcoin Wallets Were Not Abandoned
Key Takeaways On June 6, 47.26 BTC dormant since 2011 moved onchain from defendant address No. 37923 in the Noah Doe case. NY attorney Ian R. Cohen filed an amicus brief on May 29, prompting a June 5 court stay…
Why Bitcoin miners are becoming AI data centers
While Bitcoin fell roughly 17% through the first months of 2026, a basket of Bitcoin mining stocks rose more than 50%, with the best performers up over 70%. Summary Public Bitcoin miners have secured more than $70 billion in AI…
Here’s How Much BTC, ETH, XRP Have Dumped Since ‘Crypto President’ Trump Took Office
The two meme coins linked to the POTUS and FLOTUS have plummeted by nearly 100%. It’s safe to say that the cryptocurrency market has seen better days. In fact, such days were promised by the current US President, Donald…