Bitcoin holds July gain as 'forced-selling fuel was already spent,' analysts say
The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom. Source:CoinDesk
US Treasury yields rise as TIPS challenge the inflation narrative
TIPS data points to rising real yields, not inflation, a dynamic that weighs on nonyielding assets like Bitcoin. Source:Cointelegraph
Bitcoin price sinks to 2-week lows as US stocks fail to copy Asia rebound
Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia. Source:Cointelegraph
Quantum computing nears commercial breakthrough, IBM CEO says
Arvind Krishna said quantum computing will begin generating meaningful revenue before the decade ends as investment in the sector accelerates, in an interview…
Crypto faces 3 barriers to next bull run, STS Digital CEO says
Institutional options selling, AI and delayed U.S. crypto regulation are weighing on bitcoin, according to STS Digital CEO Maxime Seiler. Source:CoinDesk
Coinbase's weak quarter leaves Wall Street split on timing of a recovery
Most analysts blamed a weak crypto market for Coinbase's earnings miss, though opinions diverged on when trading activity will recover. Source:CoinDesk
BOJ intervenes to defend yen near 160, holds rates steady
The Japanese yen crosses a key psychological level after the country’s central bank reportedly conducted a major currency intervention. Source:Cointelegraph
RWA perps will outpace tokenization
Tokenization was crypto's first big export to TradFi. Perps are next, says Martin Lee, markets insight lead at DWF labs. Source:CoinDesk
Dubai-based crypto exchange tied to $4 billion Iran sanctioned-evasion network
Shelbit allegedly sent hundreds of millions of dollars to major crypto exchanges, including Binance, as it linked gambling sites and sanctioned Iranian…
World Cup bets smash records as prediction markets hit $20 billion in volume
Markets ranged from the simple question of who would win the tournament to whether Cristiano Ronaldo would cry when Portugal were eliminated (he did).…
Citadel buys bulk of Situational Awareness stock portfolio after AI rout: Reports
Situational Awareness retained about $10 billion in assets, including its Anthropic stake, after reportedly selling leveraged public stock positions to Ken…
Bitcoin, ether fall, equities rally with broader crypto market on track for best month in a year
BTC fell as July drew to a close, even as stocks gained in Asia and U.S. index futures advanced. The CoinDesk 20 index is set to post its biggest gain since…