Tether trades at 7% to 10% premium in India. Exchanges say its just supply and demand
Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demandsupply imbalance and thin local liquidity. Source:CoinDesk
Bitcoin under pressure below $60,000 as Japanese yen hits 40-year low against the U.S. dollar
BTC fell in Asia as the Japanese yen tanked to fourdecade lows, lifting the dollar higher across the board. Source:CoinDesk
Crypto analytics firm Chainalysis proposes standards for blockchain tracing
The blockchain analysis company published a proposed ontology for how investigators can identify clusters of crypto addresses and link them together.…
BlackRock pushes deeper into DeFi with Ethena integration, sending ENA up 8%
The deal adds Ethena's yieldgenerating token to BlackRock's risk management platform and create a $100 million liquidity facility for BlackRock's tokenized…
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year. Source:CoinDesk
Tether's USDT jumps to 8.5% premium in India after crypto payment crackdown
Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollarpegged USDT to Indian platforms, pushing its local price more than 8.5%…
Vitalik Buterin says crypto’s most powerful idea isn't nearly ready for use
The Ethereum cofounder says indistinguishability obfuscation could one day act like a “trustless trusted third party,” but today’s versions remain far too slow…
Bitcoin hovers below $60,000 as crypto braces for a pivotal week
BTC added 0.6% to $59,800 to start the week while SOL rose 2%, though derivatives data and chart formations point to continued downside risk. Source:CoinDesk
Bitcoin falls below $60,000, on track for a rare back-to-back quarterly loss
The token is down nearly 7% on the week with the altcoins falling harder. Bitcoin and ether are both ending the second quarter in the red, a backtoback losing…
Tether putting $23 billion gold stockpile to work with bullion-backed loans
The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoinbacked lending…
Dogecoin and Hyperliquid's HYPE led weekly crypto losses as AI stocks lure buyers
A rotation out of chipmakers lifted much of the stock market, with the equalweight S&P 500 at a record. Crypto was not part of it. Ether fell 8% on the week…
Former Ethereum Foundation leader warns of funding gap as governance shifts
A former Ethereum Foundation member says the network must quickly build new funding institutions as the Foundation steps back. Source:CoinDesk