Crypto

Bitcoin tests $63K as Saylor calls BTC digital energy

Bitcoin traded near $62,675 on July 5, according to crypto.news market data. The asset was up about 0.1% over 24 hours and 4.03% over seven days. Its market cap stood near $1.26 trillion, while 24-hour volume was about $17.57 billion….

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Ethereum price stalls near $1,800 as Lean Ethereum roadmap draws focus

Ethereum traded near $1,764.43 on July 5, according to crypto.news market data. The token was up 0.2% over 24 hours and 11.58% over seven days. Its market cap stood near $212.91 billion, while 24-hour volume was about $11.16 billion. Summary…

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South Africa proposes crypto tax guidance under existing rules

South Africa’s Revenue Service has published draft guidance on how crypto assets should be taxed under the country’s current tax laws. The proposal seeks public feedback until August 31, 2026, before SARS moves toward a final version. Summary SARS says…

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Lummis says CLARITY Act can reshape U.S. crypto finance

Senator Cynthia Lummis has renewed her call for lawmakers to advance the CLARITY Act, a bill aimed at setting clearer rules for digital asset markets in the United States. A post shared by CryptoGoos cited Lummis as saying the bill…

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Solana

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…

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Solana

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…

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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…

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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…

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Crypto Users Are Now Trading on VP Sara Duterte’s Impeachment Outcome Via Polymarket

Decentralized prediction market Polymarket has launched an active betting contract on the outcome of Vice President Sara Duterte’s upcoming impeachment trial, allowing global cryptocurrency users to wager on whether the Philippine Senate will convict her. The deployment of the localized…

FTX legal adviser Fenwick settles customer lawsuit for $54m

Fenwick & West has agreed to pay $54 million to settle a class action lawsuit filed by former FTX customers who accused the law firm of helping facilitate fraud at the collapsed cryptocurrency exchange. Summary Fenwick & West has agreed…

US Sanctions Sinaloa Cartel Crypto Laundering, Venezuela Shuts Down Mining Farm

Key Takeaways OFAC sanctioned 6 people laundering Sinaloa Cartel crypto, next aiming to disrupt US illicit fentanyl flows. Venezuela dismantled 1 massive 4,000 ASIC crypto farm, saving 10,000 MW to stabilize its power grid. Entering the crypto market, Bradesco will…

Bitcoin ETFs Bleed $1.25B as Memory Chip ETF Becomes Wall Street’s New Obsession

Bitcoin and Ethereum ETFs saw heavy outflows last week, while the Memory ETF, DRAM, broke records and became one of the hottest trades on Wall Street. Last week saw heavy outflows in crypto-related exchange-traded funds, while a memory chip…

Kalshi backs prediction markets lobby group with former Trump official

Kalshi has backed a new advocacy group, Americans for Fair Markets, as the prediction market industry faces rising pressure from casinos, sportsbooks, state regulators, and Congress.  Summary Kalshi-backed Americans for Fair Markets will lobby for federal prediction market rules and…

Crypto-Backed Super PACs in Focus as Lawmakers Push $5,000 Donation Cap

Key Takeaways House and Senate lawmakers proposed a $5,000 limit on super PAC donations. Crypto-linked super PACs gained influence during stablecoin and market structure policy debates. Supporters argue tighter contribution limits could reduce concentrated election spending power. Super PAC Cap…

What’s the Most Likely Scenario for BTC Next Week?

Bitcoin remains under bearish pressure after failing to sustain momentum above the critical $80K-$82K resistance region. However, recent price action suggests buyers are attempting to defend the important $75K support zone, increasing the probability of a short-term corrective rebound before…

Polymarket Access Blocked on a Local Telco in the Philippines

Decentralized prediction market Polymarket has become inaccessible to users in the Philippines utilizing the Globe Telecom network. Visitors attempting to access the platform via Globe are currently redirected to a standard “Access Restricted” landing page hosted by the Cybercrime Investigation…

Binance Australia adds new crypto transfer rule from July 1

Binance Australia will require users to provide extra information when sending or receiving crypto from July 1, 2026.  Summary Binance Australia users must provide sender details for crypto deposits from July 1, 2026 onward. Outgoing withdrawals will require beneficiary information,…

Coinbase CEO Lists 8 Areas Where Global Finance Still Needs an Update

Key Takeaways Coinbase CEO Brian Armstrong highlighted 8 financial gaps spanning assets, markets, payments, AI, regulation, access, fundraising, and sound money. Stablecoins and tokenized assets remain central as blockchain-based finance expands into institutional markets. Policy changes and technical progress could…