Coinbase faces criticism after AI alert posts fake World Cup result
Coinbase faced criticism after an AI-generated prediction market alert reportedly claimed Norway had beaten Brazil 3-2 before the match had started. The alert also said Erling Haaland scored twice, even though Coinbase’s own market page showed the match was under…
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….
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…
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South Africa’s Revenue Service has published draft guidance on how crypto assets should be taxed under the country’s current tax laws.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…
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…
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…
Ripple Price Analysis: The Next Few Trading Days Will Be Essential for XRP
XRP’s recent price action reflects growing indecision, with volatility contracting on higher timeframes while shorter-term charts show repeated reactions from established support and resistance zones. Such compression periods often precede significant directional moves, making the upcoming sessions particularly important for…
CFTC crypto oversight questioned after officials were pushed out
Senior Commodity Futures Trading Commission officials who raised concerns about prediction market firms were suspended, investigated and pushed out, according to a New York Times investigation. Summary NYT reported CFTC officials raised concerns about Polymarket, Crypto.com and a Gemini affiliate…
Brent Crude Tumbles Below $99 as Trump Signals US-Iran Deal, Bitcoin Holds Near $77K
Key Takeaways Brent crude fell below $99 on May 24 as Trump declared a U.S.-Iran deal “largely negotiated,” targeting the reopening of the Strait of Hormuz. JPMorgan forecasts Brent averaging $60 long-term if tensions ease, with WTI potentially sliding into…
Pi Network’s First Year on Open Mainnet: What Actually Happened
On February 20, 2025, after more than six years of mobile mining and three years of closed mainnet operation, Pi Network finally dropped its firewall and let PI trade. Summary Pi Network opened its mainnet firewall on February 20, 2025,…
Silicon Valley Law Firm Fenwick & West Settles FTX Fraud Claims for $54 Million
Key Takeaways Fenwick & West agreed to pay $54 million to settle FTX customer claims, pending approval by Judge K. Michael Moore. The deal brings combined professional services payouts tied to the FTX collapse to roughly $66 million. A separate…
SEC Delays Plans for Tokenized Stock Trading on Crypto Platforms
The Securities and Exchange Commission has delayed a plan to provide exemptions for crypto exchanges to trade tokenized real-world assets. The securities regulator was preparing to release its “innovation exemption” for tokenized stocks as soon as this week, and…
Solana Activity Hits Record High Despite SOL’s 33% Q1 Drop
Solana’s application revenue stayed remarkably stable at over $342 million despite weaker market conditions. SOL fell 33% in the first quarter of 2026 to close at around $83, but Messari’s Q1 State of Solana report tells a story that’s…
Can Litecoin hit $1,000 after its ETF and 2027 halving?
Litecoin has returned to market discussion after crypto analyst Crypto Patel said LTC could still reach higher cycle targets, while warning that a $1,000 move remains difficult without stronger institutional demand. Summary Litecoin traded near $53, remaining about 87% below…