Crypto

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Crypto

Yuma Launches Bittensor AI Fund for Institutional Investors

Yuma, backed by Digital Currency Group, has launched the Yuma Total Market Fund, offering institutional investors a single vehicle that holds Bittensor’s TAO token and a basket of AI-focused subnets. The strategy is intended to simplify access to the broader Bittensor ecosystem without requiring investors to select individual subnet

Crypto

Coinbase, Circle Deepen Crypto Stock Losses Despite Resilient S&P 500

A broad selloff in technology stocks has hit crypto-focused companies particularly hard. Shares of Coinbase and Circle have fallen 69% and 72%, respectively, from their all-time highs, larger drops than those seen at Oracle, Salesforce, Netflix and Palantir, which are down between 48% and 57%. By comparison, the large-cap S&

Crypto

ASIC Extends No-Action Relief for Digital Asset Firms

The Australian Securities and Investments Commission has given digital asset businesses another three months to apply for licences under its updated regulatory guidance. Temporary protection from enforcement will remain in place until Sept. 30, extended from the previous June 30 deadline. The extension covers firms seeking an Australian Financial Services

Crypto

SecondFi to Begin Returns in About Two Weeks After $2.4M Cardano Exploit

Phillip Pon, CEO of SecondFi developer Emurgo, said the company completed forensic investigations and has identified a recovery pathway for users affected by Tuesday’s exploit. Emurgo plans to spend the coming week building the solution and another week testing it before beginning to return assets, following testing and security

Crypto

MSTR's BTC premium has vanished as enterprise mNAV falls below 1

Strategy's enterprise multiple to net asset value (mNAV) has fallen below 1, meaning the market now values the company at less than its bitcoin holdings. It's an unfamiliar position for the Michael Saylor-led company, which for years traded at a premium to its bitcoin and enjoyed

Crypto

Bitcoin Risks $60,000 Resistance Flip as Asian Tech Selling Returns

Bitcoin struggled to reclaim $60,000, posting its first daily close beneath that level since September 2024. TradingView data showed prior support increasingly becoming the bulls’ new hurdle after the sub-$60,000 close. Asian stock markets slid again, with South Korea’s circuit-breakers triggered by an 8% crash and

Crypto

EU Lawmakers Back Review of DeFi, Staking and NFT Regulation

The European Parliament’s economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens and decentralized finance should fall under regulation. The committee’s recommendations, tabled in a report for a plenary vote, also call for promoting tokenization across financial services and

Crypto

SOL Bounced to $72 as Tokenized Stock Trading Surges

Solana native token SOL jumped to $72 on Friday, distancing itself from the $64 low a day earlier. Traders' optimism was fueled by rapid growth in tokenized stock trading and hopes for network airdrops. Bullish leverage on SOL futures pushed the annualized funding rate to its highest level in

Crypto

Old ETH Wallet Selling Tests Whale Conviction at $1.5K

Eight-year-old Ether wallets have begun moving coins for the first time since 2017, adding fresh supply as Ether trades just above $1,500. Onchain data shows 37,806 ETH from long-dormant addresses became active. Lookonchain found four wallets that received 37,602 ETH nearly eight years ago held through the

Crypto

Ethereum whale behind October 2025 short returns with $19.7M bet

A previously active Ethereum whale reopened a large short position after eight months of silence, taking a 20x-leveraged ETH short worth $19.72 million as Ether hovered near the $1,500 support zone following an 18.25% drop over the past two weeks. Hyperbot data shows the position was opened

Crypto

Spain regulator rules out extension for non‑MiCA compliant crypto firms

Spain's securities regulator chair Carlos San Basilio said there will be no exceptions or extensions to the July 1 MiCA deadline for crypto firms that have not received approval to operate in EU member states. He named Binance and other exchanges as affected by the new rules. Binance

Crypto

Hyperliquid Added to MAS Investor Alert List

The Monetary Authority of Singapore has added decentralized perpetuals exchange Hyperliquid to its Investor Alert List. The entry, added on Friday, covers the Hyper Foundation website and the Hyperliquid trading app. The list is a consumer protection measure that flags entities that may be wrongly perceived as licensed or regulated;

Crypto

Polymarket Third-Party Vendor Compromise Drains $2.9M from Users

A third-party vendor compromise discovered Thursday allowed attackers to inject a malicious script into Polymarket's frontend, enabling a phishing attack that drained an estimated $2.94 million from at least 11 user wallets. Polymarket posted on X that it has contained the compromise, removed the affected dependency and

Crypto

Bitcoin ETFs Log $696M Outflows as Bitcoin Drops Below 60K

US-listed spot Bitcoin ETFs recorded their largest daily net outflows of June on Thursday as Bitcoin fell below $60,000. The funds shed $696.3 million, surpassing the previous monthly high of $519.2 million logged on June 2, SoSoValue data shows. Those withdrawals pushed June’s total outflows to

Crypto

StablecoinX to List on Nasdaq Amid Crypto Bear Market

Stablecoin infrastructure company StablecoinX has completed its merger with TLGY Acquisition Corp and will begin trading on Nasdaq on Friday under the symbol "USDE." The firm says it is the first public stablecoin infrastructure company focused on supporting the Ethena ecosystem through decentralized verifier nodes and software infrastructure.

Crypto

Tether Flips Ether as USDt Becomes Second Largest Crypto

Tether’s USDt has overtaken Ether to become the second-largest cryptocurrency by market capitalization after a sharp drop in ETH. Ether’s market capitalization fell below $185 billion following a 5.2% price crash over 24 hours, sending the asset to $1,510 on Coinbase, per TradingView. USDt’s market

Crypto

Sharplink Buys ETH for First Time in 8 Months

Ether treasury company Sharplink bought Ether for the first time in eight months after a wallet tied to the firm received 5,000 ETH, worth about $7.85 million, from crypto prime brokerage FalconX on Thursday. The last time FalconX sent Ether to the wallet was Oct. 26, when Sharplink

Crypto

BitGo Lays off 15% of Staff in Stablecoin, AI Focus

Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday. BitGo co-founder and CEO Mike Belshe posted on X: "Today I'm sharing a hard decision: we are reducing our workforce by nearly 15%," and said the ecosystem has evolved and the way

Crypto

Does Botanix’s Failure Prove Bitcoiners Don’t Care About DeFi?

For the past two cycles, Bitcoin DeFi has been more a promise than a category. Programmable Bitcoin remained a vision held by a certain breed of Bitcoin maximalist who believes the world’s largest cryptocurrency can become productive without losing its security or sound-money qualities. The closure of Bitcoin scaling

Crypto

Bitcoin Rebounds Off Yearly Lows as ETF Outflows and Options Skew Weigh

Bitcoin fell 9% over three days to its lowest level since September 2024, with a $58,000 retest triggering more than $1 billion in liquidations of bullish leveraged positions. The market recovered modestly to $59,500, but traders remained uneasy as the S&P 500 and gold fully erased

Crypto

Bitcoin Enters Historical Power-Law Value Zone After $58K Drop

Bitcoin’s fall to $58,000 has placed the price in a zone that long-term power-law models have historically associated with cycle bottoms. Giovanni’s power-law puts the network’s long-term trend near $135,000, making $58,000 about 54% below the all-time high and 1.22 standard deviations beneath

Crypto

Bitcoin Below $59K Activates Setups With $54K Target

Bitcoin fell below $60,000 on Thursday as losses in megacap technology stocks weighed on broader risk appetite, slipping as much as 4.8% to an intraday low near $58,000 and erasing its June gains. The move completed a rounded top on the four-hour chart and triggered a bear-flag

Crypto

Bitcoin Falls to $58,035; $600M Liquidations in an Hour, $65,000 Seen as Resistance

Bitcoin fell to $58,035 on Bitstamp at Thursday’s Wall Street open, a 21‑month low and the lowest level since September 2024. The move echoed price action seen during the 2022 bear market as the market reacted sharply at the open. The decline came as the US Personal

Crypto

Polymarket Emerges as First Crypto Touchpoint for 60% of World Cup Bettors

About 60% of users who placed their first World Cup bets on Polymarket had never interacted with blockchain protocols before, a 90-day Bitget Wallet study found after tracking the onchain activity of 857,000 active Polymarket users. The data suggest prediction markets may be becoming an entry point into crypto

Crypto

Circle, Nomura Partner for Instant FX Settlement Business: Report

Stablecoin issuer Circle and Japan's largest investment bank Nomura have partnered to enable instant foreign exchange settlement for Japanese companies as early as 2027. The service would enable companies to convert yen into dollar-denominated stablecoins for cross-border transactions and instant settlement, reducing delays caused by banking hours and