Strategy will be ‘less important’ in Bitcoin after STRC incident: Bitwise
Bitwise’s Matt Hougan said Strategy's STRC offer of high yields and low volatility was always a questionable fit for buying Bitcoin, as the cryptocurrency…
Trump’s billion-dollar crypto haul triggers some everyday investors sitting on big losses
Millions of crypto investors around the world are sitting on losses as a painful bear market erases trillions of dollars in paper profits. Source:MarketWatch
Bitwise says STRC selloff signals crypto cycle nearing a bottom, not Strategy’s breaking point
Bitwise said STRC's volatility reflects a latecycle leverage unwind, with institutions poised to replace Strategy as bitcoin's biggest buyer. Source:CoinDesk
If you lost money on Trump crypto ventures, don’t whine
It should be no surprise the president made $1 billion on cryptocurrency deals that handed losses to so many who invested. Source:MarketWatch
US Treasury sanctions over 100 ISIS-K crypto addresses that moved over $1.4 million
ISISK allegedly used its media wing to solicit donations via Tron, Monero, and Bitcoin, highlighting stablecoin issuers' growing role in sanctions enforcement.…
SBI Crypto to shut down mining pool that holds roughly 2% of Bitcoin's hashrate
Miners must redirect their hashrate before the July 31 cutoff, as the pool will stop accepting contributions after that date. Source:CoinDesk
JPMorgan says Strategy's bitcoin sales policy adds 'two-way risk' to crypto markets
The bank said Strategy's bitcoin sales policy adds avoidable market uncertainty and should be replaced with equity issuance to build cash reserves.…
A struggling Nasdaq-listed company that tried to copy Saylor's Bitcoin playbook is completely dumping crypto for AI
The Nasdaqlisted Korean media company once lined up $1 billion in financing to buy 10,000 bitcoin. A recent filing confirms its balance is now zero as it…
Smaller tokens lead as bitcoin, sol rally in 'first real bounce of the selloff'
Bitcoin and major cryptocurrencies rebounded on dovish Federal Reserve signals, with speculative tokens like Memecore’s M and Audiera’s BEAT leading gains.…
SBI Crypto shuts Bitcoin mining pool after five-year run
SBI Crypto will shut down its Bitcoin mining pool on July 31 after more than five years, ranking 12th globally with about 2.2% of hashrate share.…
Yield-bearing stablecoin slowdown ends three-year run for crypto-native products
Yieldbearing stablecoin supply fell 15% in Q2 as sUSDe and sUSDS contracted, while Treasurybacked products including BUIDL, USYC and USDY continued to grow.…
Robinhood links with dYdX Labs to launch new DEX Arcus
The crypto protocol dYdX has rebranded as Arcus and is joining Robinhood’s new blockchain to bring perpetual and tokenized stock trading. Source:Cointelegraph