Crypto News Today (July 7): BTC Heading Toward $70K? $20M BONK Hack, and Ripple Gains Full MiCA Compliance
In crypto news today (July 7), Bitcoin has surged, sitting comfortably above $63,000 and up +0.7% in the past 24 hours. Liquidations have picked up, with over $532M in positions blown up since yesterday, and interestingly, the split is almost…
Bitcoin Suisse Advances Middle East Expansion, Receives Financial Services Permission in Abu Dhabi
[PRESS RELEASE – Zug, Switzerland, July 7th, 2026] Premium virtual assets pioneer BTCS (Middle East) Ltd. is now fully authorized by the Financial Services Regulatory Authority (FSRA) of ADGM, enabling regulated institutional services across the UAE. Building on its position…
Ethereum price setup turns bullish, but $1,800 still blocks rally
Ethereum traded near $1,777.49 at the time of writing, up 0.5% in the past 24 hours, according to crypto.news market data. Summary Ethereum must close above $1,800 to strengthen the short-term bullish setup, analysts say. Binance liquidity has improved, but…
Why Strategy Selling More Bitcoin May Not Be Bearish After All
Strategy sold more Bitcoin, but Grayscale believes that the move will “restore confidence in its financing structure” and help BTC “find a more durable bottom.” The Bitcoin treasury company Strategy offloaded 3,588 BTC last week for approximately $216 million….
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…
Crypto Hack Statistics in 2026: The Latest Data and Industry Insights
Crypto hacks have become a major, ongoing problem for the industry. What once felt like occasional incidents now happens every year, with losses reaching billions of dollars across exchanges, DeFi platforms, and Web3 projects. This trend is visible across yearly…
Prediction Markets Bet $5.5M on the Most Expensive US House Primary Ever – Bitcoin News
Key Takeaways Polymarket and Kalshi traders have moved $5.5M in combined volume on KY-04, with Gallrein at 52%. Super PACs backing Gallrein have spent $14M+, making KY-04 the costliest U.S. House primary ever. Massie trails Gallrein 43% to 48% in…
Can ZEC hit $750 as leverage risk builds under the rally?
ZEC traded near $515 as analysts split over a $750 bullish setup and warnings that weak spot demand may expose the rally to leverage risk. Source link
US Central Command redirects 81 vessels, disables four in Iran blockade
## Market Snapshot The market for “Will Trump restart Project Freedom by May 31?” shows a 37.5% YES, down from 40% 24 hours ago. The “Strait of Hormuz Ship Transit” market has seen a decrease to 47.5% YES from 56%…
Bitcoin Holds $78K Support as Traders Watch for Breakout Toward $80K – Bitcoin News
Key Takeaways Bitcoin held above $78K on May 17 as BTC traders monitored resistance near $79K. Technical metrics highlight mixed BTC signals, with MACD Sell pressure offset by RSI neutrality. Market data shows BTC volume at $19.84B as markets watched…
SBI, Rakuten and Nomura prepare crypto investment trusts in Japan
Japan’s major brokerage groups are preparing crypto investment trust products as regulators work toward allowing funds to hold digital assets by 2028. Summary SBI and Rakuten are preparing in-house crypto investment trusts for Japanese retail investors. Nomura, Daiwa, SMBC and…
Israel launches air strikes on Lebanon despite extended ceasefire
Israel carried out a series of air strikes on targets in southern Lebanon and the western Bekaa district on May 16-17, 2026, just days after agreeing to a 45-day extension of a US-brokered ceasefire. The strikes killed at least one…
Ermo Eero Says CLARITY Act Is ‘Not Yet the Bretton Woods Moment for Crypto’
Key Takeaways On May 14, the Senate Banking Committee voted 15–9 to advance the stablecoin-focused CLARITY Act. The 15–9 committee vote signals a regulatory shift from Biden-era SEC lawsuits toward U.S. capital growth. Ironwallet CEO Ermo Eero warns global standards…
Will XRP Explode as CLARITY Act Passes Senate Stage? ChatGPT Sees One Big Catch
Could this important step be what XRP needs to finally break out? After months of negotiations and delays, a US Senate panel on Thursday finally approved the CLARITY Act with a 15-9 vote. Although there’s still a long way…
Intesa Sanpaolo’s crypto holdings jump to $235M as XRP enters
Intesa Sanpaolo more than doubled its crypto exposure in the first quarter of 2026, according to a report citing Criptovaluta.it data. Summary Intesa Sanpaolo more than doubled crypto exposure to $235 million during the first quarter. The bank added Ether…