Bitcoin’s BIP 110 fork deadline nears with miner support at zero
A Bitcoin proposal called BIP 110 would limit arbitrary data storage on the network for one year, but faces a fork deadline with zero miner support. Critics including Michael Saylor and Adam Back argue that turning a spam disagreement into a consensus conflict poses greater risk than the spam problem itself.
EDX Markets Closes $76M Series C Led by SBI Holdings
EDX Markets raised $76 million in Series C funding led by SBI Holdings, a Tokyo-listed financial group that becomes a strategic investor in the institutional crypto trading venue. The funding will support EDX Markets' operations as an institutional-only exchange with its own central clearinghouse.
US Justice Department Expected to Dismiss Charges Against Alleged Mastermind of BitClub Crypto Fraud
Federal prosecutors are preparing to dismiss criminal charges against the alleged leader of BitClub, a major cryptocurrency investment scheme. The dismissal comes after years of legal proceedings and just before a scheduled trial was set to begin.
IMF Paper Warns Dollar Stablecoins Can Trigger Currency Crisis
Dollar stablecoins can amplify currency runs in economies with overvalued fixed exchange rates by converting fragmented parallel-market prices into a single signal that enables coordinated household exits. An IMF working paper shows stablecoins raise welfare during calm periods but deepen crises, according to researcher Brandon Joel Tan's state-dependent effect analysis.
Bitcoin Hits Record Oversold Level Against Gold, Echoing a 660% Rally
Bitcoin has reached its most oversold level against gold in recorded history according on-chain data. The last time this setup occurred, Bitcoin rallied 660% in the following period.
Bitcoin and Ethereum ETFs Flip Positive After 8 Weeks: Will Price React?
Spot Bitcoin and Ethereum ETFs both turned positive in the week ending July 10 after eight consecutive weeks of net outflows. Bitcoin funds pulled $197.40 million while Ethereum funds added $84.42 million.
AI found an Ethereum bug that could take validators offline, but humans had to prove it
AI agents discovered a remotely triggerable crash vulnerability in Ethereum validator software during a coordinated security test by the Ethereum Foundation. The AI generated many confident bug reports, though many were false positives rather than actual vulnerabilities.
Robinhood Plans to Let AI Agents Trade Crypto for US Customers
Robinhood will allow eligible US customers to connect AI agents to dedicated accounts for autonomous cryptocurrency trading. The company expanded its Agentic Trading product, which originally launched for equities in May, to include crypto assets.
Ethics Deadlock Threatens Senate Crypto Bill Despite July Vote Target
A merged Senate crypto bill aims for a July 20 floor vote but faces a Democratic ethics provision dispute. The central disagreement concerns whether officials should be barred from holding cryptocurrency ties.
Circle (CRCL) Wins Final OCC Approval for National Trust Bank
Circle received final OCC approval to establish a national trust bank, enabling it to place USDC reserves under federal oversight. The approval expands Circle's regulated digital asset custody business capabilities.
Bitcoin is “A Screaming Buy”: Standard Chartered Backs $100,000 Target, Shrugs Off Strategy (MSTR) Sell-Off
Standard Chartered reaffirmed its $100,000 Bitcoin price target for end-2026 and characterized Bitcoin as "a screaming buy." The bank attributed a recent Strategy sell-off to communication issues around monetization strategy rather than weakening Bitcoin fundamentals.
Bitcoin tops $64K as improving risk sentiment boosts crypto market recovery
Bitcoin surpassed the $64,000 resistance level as geopolitical tensions eased following discussions between the US and Iran. Market sentiment improved across cryptocurrencies including Ethereum and XRP during the recovery period.
Siam Commercial Bank becomes first institution to deploy Citi’s 24/7 USD clearing and token services
A 24/7 USD clearing and token service has been deployed by Siam Commercial Bank as the first institution to use this Citi offering. The service enables round-the-clock transactions for seamless global banking operations.
Ripple Remedies Timeline Keeps XRP Legal Watchers Focused On The Final Stretch
The Ripple case entered its remedies timeline phase, moving closer to final judgment after leaving its initial explosive phase. This procedural shift keeps XRP market observers focused on the outcome that will determine how regulators treat the cryptocurrency.
Base User Growth Story Shows Coinbase Smart Wallets Are Really About Distribution
Coinbase is distributing smart wallets that simplify account creation to resemble standard internet logins rather than traditional crypto procedures. The strategy aims to increase adoption of Base, Coinbase's blockchain network, by reducing friction in the wallet creation process.
Fidelity Solana ETF Filing Keeps Custody Questions At The Centre Of The SOL Fund Race
Fidelity filed for a Solana ETF while custody arrangements remain unresolved for SOL-based investment products. The ETF race has progressed to focus on operational mechanics including trust structure and creation-redemption processes rather than simply tracking which firms file applications.
Base TVL Above $2 Billion Shows Coinbase’s Layer-2 Is No Longer A Side Bet
Base's total value locked exceeded $2 billion, marking a significant threshold for the Coinbase-backed layer-2 network. The network now hosts sufficient liquidity to function as a meaningful DeFi venue rather than an experimental platform.
Coinbase and Grayscale Executives Step Down After Major Crypto Wins
Paul Grewal stepped down as Coinbase's Chief Legal Officer and Edward McGee resigned from Grayscale, with internal successors appointed to both positions. The departures occurred following recent regulatory victories for both cryptocurrency companies.
Binance CEO Says MiCA Is Backfiring as EU Users Move Beyond Regulators’ Reach
Following MiCA's implementation, 70% of EU users departing Binance moved to self-custody solutions outside regulatory oversight. Binance's co-CEO Richard Teng attributed this shift to the regulation, suggesting the rules produced unintended consequences for EU regulators' authority.
Over 15 Banks Race to Tokenize Finance, and It Could Affect Bitcoin
Over 15 banks are implementing tokenization of financial assets on private blockchains. JPMorgan stated that this trend could marginalize Bitcoin over time.
Bitcoin’s New Debt Machine is Facing Its First Major Test
Bitcoin-backed preferred shares experienced a sharp sell-off in June followed by a rebound, marking the first major stress test for this corporate financing model. Strategy's STRC and Strive's SATA securities rebounded after the decline, demonstrating resilience in the emerging debt structure.
UK politicians mull permanent crypto donation ban in wake of Nigel Farage scandal
UK politicians are considering a permanent ban on cryptocurrency donations to political parties following a scandal involving Reform leader Nigel Farage receiving millions in crypto contributions. Labour lawmakers initially proposed a moratorium on such donations in March, with some now pushing to make it permanent.
BitGo Adds Quantum-Risk Controls to Bitcoin Custody
BitGo launched quantum-risk tools enabling institutional Bitcoin holders to identify and reduce potential exposure from future quantum computing threats in their custody wallets. The new controls help users assess vulnerability in existing holdings and implement protections against quantum-related risks to their Bitcoin assets.
Russia’s Largest Private Bank Alfa-Bank To Test Bitcoin and Crypto Trading
Alfa-Bank will launch Bitcoin and cryptocurrency trading, custody, and digital depository services once new Russian regulations take effect by late 2026 or 2027. The bank joins other major Russian lenders entering the country's emerging crypto market.
BitMine Adds $73 Million in ETH, Pushing Holdings to 4.8% of Supply
BitMine purchased 42,197 ETH worth approximately $73 million, increasing its total holdings to 5,742,237 ETH. This represents 4.8% of Ethereum's total supply.
Argent Capital Founder Faces CFTC Charges Over Alleged $14 Million Fraud
The CFTC sued Trevor L. Vernon and Argent Capital Management for allegedly defrauding a commodity pool of $14 million through trading in stock index futures, options, and crypto assets. The complaint was filed in US District Court for the Western District of North Carolina.
Markets Wait on Fed Minutes: What to Expect from Today’s Release
The Federal Reserve is releasing minutes from its June meeting on Wednesday. Investors are uncertain about future interest rate decisions because Kevin Warsh has not signaled the Fed's policy direction.
Crypto focused Venture Firm Paradigm Leads Seed Investment in M1X Global to Expand Tokenized Sovereign Debt Capabilities
Paradigm led a seed funding round for M1X Global to support development of a platform for issuing and managing sovereign debt on blockchain networks. The company is expanding its tokenized sovereign debt capabilities through this investment.
Crypto Market Slips 1.24% as US Strikes on Iran Lift Oil
The cryptocurrency market declined 1.24% on Wednesday following US military strikes against Iran that elevated oil prices. Bitcoin, Ethereum, and most major tokens traded lower over the past 24 hours as investors moved away from risk assets.
Digital Bank Revolut Plans to End Support for Tether’s USDT Stablecoin by August 31, 2026
Revolut will stop supporting Tether's USDT stablecoin for European customers by August 31, 2026, to comply with EU crypto regulations. The suspension affects USDT holdings on Revolut's platform across Europe under the Markets in Crypto-Assets regulatory framework.