Circle Shares Insights on Programmable Money and its Role in Enterprise Payments
Blockchain-based programmable money can execute automated instructions and complex business logic directly onchain, moving beyond simple fund transfers. Circle, which issues USDC stablecoin, published a guide explaining how this technology is reshaping enterprise payments.
Crypto News, July 2: Circle USDC Hit by Blackrock and Ripple XRP Backed OUSD, Bitcoin and Ethereum Price Recovering
Bitcoin recovered to $60,000 after dropping to a 21-month low of $58,000, while Ethereum reached $1,600 during the bounce. OUSD launched as a new stablecoin backed by Ripple XRP and other partners.
3 On-Chain Signals Point to Deepening Bitcoin Capitulation
Bitcoin fell 20.48% in its worst month since June 2022 during a risk-off market period. Three on-chain indicators suggest deepening capitulation, with Bitcoin ETFs logging $8.475 billion in outflows near capitulation levels.
Solana launches onchain governance and sets entry fee at 100,000 SOL staked
Solana introduced an onchain governance system requiring validators to stake 100,000 SOL to create proposals. Stakers can override their validator's voting decisions through Solana Governance Proposals.
Ether, solana, dogecoin in the green after Warsh comments push bitcoin above $60,000
Bitcoin rose above $60,000 following Federal Reserve Chair Kevin Warsh's comments that inflation risks had declined. Solana gained approximately 16% during the week while a semiconductor selloff in Asian markets reduced capital flowing from crypto to AI investments.
Senator Lummis Calls to Stop ‘Baseless Attacks’ on the Clarity Act
Senator Lummis defended the Clarity Act by identifying more than 16 safeguards against digital-asset illicit finance claims. She rejected Senator Warren's argument that the bill would weaken standards for crypto transactions.
Ethereum Institutional launch draws support from across the Ethereum ecosystem
Ethereum Institutional has launched with backing from across the Ethereum ecosystem. The launch occurs as the Ethereum Foundation addresses community concerns about transparency and communication while EthLabs debuts.
Bitcoin Price Reclaims $60,000 As Strategy (MSTR) and Strive (ASST) Jump More Than 10%
Bitcoin price rose above $60,000 on Wednesday, causing treasury stocks to climb significantly. Strategy (MSTR) and Strive (ASST) each surged more than 10% during intraday trading.
Cloudflare Launches Monetization Gateway for Stablecoin Payments via x402
Cloudflare's Monetization Gateway enables charging for web pages, datasets, APIs, and MCP tools using stablecoin payments via the x402 protocol. Will Papper, formerly at Syndicate, joined as product manager for Agent Payments to lead the initiative.
Supreme Court Overturns Humphrey's Executor, Clearing Trump to Fire SEC and CFTC Commissioners
The Supreme Court ruled 6-3 that presidents can now fire SEC and CFTC commissioners at will, overturning a 91-year-old precedent that had protected their independence. This decision comes as the CLARITY Act approaches a floor vote in Congress.
Robinhood Announces Crypto Trading in the UK, L2 Blockchain, Tokenized Shares and More
Robinhood launched cryptocurrency trading services in the United Kingdom as part of its expansion strategy. The company also announced plans to introduce layer 2 blockchain services and tokenized shares offerings.
Robinhood Launches Robinhood Chain Mainnet, Adds Stock Tokens, Onchain Lending, and Agentic Crypto Trading
Robinhood opened its Arbitrum-based Layer 2 blockchain to the public and introduced stock tokens and Morpho-powered onchain lending. The platform also confirmed expansion plans for Canada and Singapore while planning crypto trading availability in the UK.
Ethereum Foundation lays out use cases for governments, institutions in new policy guide
The Ethereum Foundation released a policy guide distinguishing decentralized public blockchains from controlled corporate networks, stating governance structures determine suitability for public sector use. The guide recommends policymakers consider blockchain decentralization when evaluating platforms for long-term government and institutional applications.
SEC Opens 60-Day Comment Period on 'Novel' ETF Rules as Prediction Market Funds Pile Up
The SEC opened a 60-day comment period on rules for novel ETFs including crypto-asset and prediction-market funds. Chair Paul Atkins previously paused launches for over two dozen pending applications in May.
CLARITY Act Faces Sub-50% Odds as Senate Clock Ticks Toward August
The CLARITY Act has approximately 20 Senate days remaining before the August recess, with Polymarket betting odds declining to 48%. Cryptocurrency stocks including COIN and CRCL are experiencing increased volatility as passage becomes less certain.
Citi Slashes Bitcoin Target to $82,000 as ETF Money Heads for the Exits
Citi reduced its 12-month Bitcoin price target from an unspecified higher level to $82,000, citing collapsing ETF demand and weaker investor sentiment. The bank attributed the downward revision partly to delayed U.S. crypto legislation affecting market conditions.
SEC’s Peirce Sees Clarity Act Passing This Summer as Crypto Rules Take Shape
The Clarity Act is expected to pass this summer, according to SEC leader Hester Peirce. The Trump administration is pushing to establish clearer cryptocurrency rules and position America as the global crypto hub.
Taiwan Passes Crucial Crypto Law With Licensing Rules, Stablecoin Framework
Taiwan passed its first comprehensive crypto law establishing a licensing regime for virtual asset firms and stablecoin rules. The law imposes penalties of up to seven years in prison for unlicensed operations.
European Firms Providing Crypto Services Must Adhere to MiCA Rules as of July 1st
European crypto firms must comply with MiCA regulations starting July 1st to operate legally in the EEA. The Markets in Crypto Assets regulation establishes rules for crypto businesses that balance innovation with consumer protection measures.
Taiwan passes crypto law, requires licenses for platforms
Taiwan enacted a cryptocurrency law requiring platforms to obtain licenses. The regulation aims to improve market integrity and consumer protection while potentially forcing smaller platforms to cease operations due to strict compliance requirements.
Trump Reports Over $1 Billion in Crypto Earnings in 2025 Disclosure
Trump reported over $1 billion in cryptocurrency earnings for 2025, primarily from a meme coin and his family's crypto venture. The 927-page federal financial disclosure was released Tuesday by the Office of Government Ethics.
Financial companies join forces for US dollar stablecoin, keeping reserve earnings
Multiple financial companies including Visa and Mastercard are collaborating on a US dollar stablecoin project that could compete with existing options. The initiative aims to challenge Tether's USDT and Circle's USDC, which currently hold the largest stablecoin market positions.
Securitize Shareholders Approve Merger, Paving Way for First Publicly Traded Tokenization Company
Securitize shareholders approved a business combination with Cantor Equity Partners II, expected to close July 1 and list on the NYSE July 2 under ticker SECZ. This transaction creates the first publicly traded tokenization company in the United States.
Anchorage Digital and Binance Launch Off-Exchange Settlement for Institutional Crypto Trading
Anchorage Digital and Binance created an off-exchange settlement system allowing institutions to trade on Binance while holding assets in segregated custody at Anchorage Digital Bank. This arrangement lets institutional traders maintain custody separation from the exchange platform where their transactions occur.
Visa, Mastercard, And Over 140 Companies Launch Stablecoin Open USD
Over 140 companies including Visa, Mastercard, Stripe, and Coinbase launched Open USD, a yield-sharing stablecoin designed to compete in the $300 billion stablecoin market. The new stablecoin aims to challenge Circle's dominance and reshape how stablecoin economics operate.
Open Standard Unveils Open USD, a Bank- and Tech-Backed Stablecoin Governed by Its Users
Over 140 financial and technology companies launched Open USD, a dollar stablecoin where reserve earnings and governance flow to adopting businesses instead of a single issuer. The stablecoin's structure distributes control and benefits among participating organizations rather than concentrating them with one entity.
New York Life partners with Centrifuge to tokenize institutional high-yield bond strategy
New York Life partnered with Centrifuge to tokenize an institutional high-yield bond strategy. The partnership aims to enhance transparency and efficiency in institutional investing through tokenization of diverse asset classes.
Bullish Secures Gibraltar Regulatory Approval to Trade Tokenized Securities
Bullish received approval from Gibraltar's financial regulator to trade tokenized securities, becoming one of the earliest regulated venues globally permitted to offer this service. The Cayman Islands-based platform operates under NYSE listing as BLSH.
Bank of England warns autonomous AI agents could trigger market meltdown
Autonomous AI agents in finance could destabilize markets and trigger crises, according to the Bank of England. New risk management and regulatory frameworks are needed to mitigate potential market disruptions from this technology.
Bitcoin’s quiet $59,000-$60,000 range is starting to look dangerous
Bitcoin has traded in a tight $59,000 to $60,000 range all week, forming a pattern below support in a falling market. A break below this range could lead Bitcoin toward $40,000.