EU lawmakers urge assessing DeFi, staking, NFT regulation
EU lawmakers issued a nonbinding report outlining Parliament's vision for future crypto regulation and warning against fragmented national MiCA rules. The report urges assessment of how to regulate decentralized finance, staking, and nonfungible tokens across the European Union.
How MiCA is Testing Binance’s Four Competitive Advantages
Binance maintains a 39% market share and operates a $200 million compliance division as it navigates regulatory pressures from MiCA. The exchange's competitive advantages are being tested by the European regulatory framework's requirements.
Ripple CEO stays bullish on bitcoin but says Saylor's strategy has hurt crypto
Ripple CEO Brad Garlinghouse criticized Michael Saylor's preferred-stock funding strategy as "financial engineering" that distracted the cryptocurrency market, citing MSTR's decline to record lows. Garlinghouse remains bullish on bitcoin while running Ripple, which develops XRP as a competing digital asset.
Dogecoin and Hyperliquid's HYPE led weekly crypto losses as AI stocks lure buyers
Ether declined 8% during the week while memecoins experienced steeper losses as investors rotated toward AI stocks and chipmakers. The equal-weight S&P 500 reached record highs, but cryptocurrency assets did not participate in the broader market rally.
Securitize expects to raise $400M ahead of public debut
Securitize plans to raise $400 million before going public, with fewer than 30% of shareholders in its acquisition firm choosing redemption. The company will have the stated capital available for its public debut.
SOL reclaims $72, but onchain data flags weakening momentum
Solana's price reclaimed $72 supported by tokenized stock trading activity on its network. Declining total value locked and decentralized exchange volumes indicate weakening momentum despite the price recovery.
MoneyGram CEO on rolling out MGUSD to its 60 million users, globally
MoneyGram launched MGUSD, its own stablecoin, and has already processed over 2 billion dollars in stablecoin settlements through partnerships including Kraken and a validator position on the Tempo network. The company plans to roll out the stablecoin to its 60 million users globally after five years of blockchain development.
US senators urge CFTC probe Polymarket over ‘deceptive marketing’
Two senators asked the CFTC to investigate Polymarket for deceptive marketing practices. Senators John Curtis and Adam Schiff cited concerns about the regulator's enforcement capability following a report on Polymarket's advertising.
Polymarket Confirms $3 Million Loss From Third-Party Front-End Supply-Chain Breach
Hackers stole approximately $3 million from Polymarket by injecting malicious code through a compromised third-party vendor into the platform's website. The company committed to fully refunding fewer than 15 affected accounts.
Zuckerberg Urges Meta to Explore Polymarket and Kalshi Partnerships
Meta is exploring partnerships with prediction market platforms Polymarket and Kalshi while simultaneously developing its own prediction market app called Arena. Mark Zuckerberg urged the company's leadership to investigate these collaborations according to a New York Times report.
Chainlink Launches Project Pangea With 50+ Banks Across 16 Countries for T+0 FX Settlement
A blockchain-based foreign exchange settlement system involving over 50 banks across 16 countries aims to enable real-time atomic settlement in the $9.6 trillion daily FX market. The system integrates Chainlink rails, Swift messaging, and regulated EUR and KRW currencies.
Old Ether wallets move 37,806 ETH as whale conviction faces key test at $1.5K
Old Ether wallets moved 37,806 ETH as long-term whale profitability turned negative for the first time since 2019. This shift in whale holdings signals mixed sentiment among large Ethereum holders regarding the $1.5K price level.
Ripple Launches RLUSD in Japan via SBI as Circle and Nomura Join Stablecoin Race
Ripple's RLUSD stablecoin launched in Japan on Tuesday following Financial Services Agency approval, becoming the first foreign-issued stablecoin under Japan's revised Payment Services Act. SBI is handling the distribution of RLUSD tokens in the country.
Investor Who Predicted 2008 Bubble Says Sell US Stocks Before 70% Drop
Jeremy Grantham, an investor who predicted the 2008 financial crisis, warns that US stocks are at historically high valuations due to an artificial intelligence bubble. He predicts a possible 70% decline in stock prices and recommends selling equities.
Galaxy Research Cuts CLARITY Act Passage Odds to 50-50 as Senate Clock Runs Out
Galaxy Research lowered its probability estimate for Senate passage of the CLARITY Act to 50-50. The firm cited decreasing legislative time before Congress's August recess and growing uncertainty.
Wall Street's Next Tokenization Test: BlackRock-Backed Securitize's Market Debut
Securitize will begin trading next week under the ticker symbol "SECZ" after completing a merger with a blank-check company. The BlackRock-backed firm specializes in tokenization of securities and related digital asset infrastructure.
17 Democratic Senators Seek to Bar CFTC From Funding Prediction-Market State Lawsuits
Seventeen Democratic senators requested that a spending bill rider prohibit the CFTC from using federal funds to sue states over prediction-market regulation. The effort escalates a jurisdictional dispute that spans nine states regarding authority over prediction-market oversight.
Why Wall Street's Biggest Traders Are Abandoning Crypto for Prediction Markets | Alex Momot
Prediction markets are entering a new phase with increased involvement from major market makers. Large Wall Street traders are shifting focus from cryptocurrency to prediction markets, as discussed by Peanut Trade Co-founder Alex Momot.
Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000
Tokenized stock trading activity generated fresh momentum across Solana ecosystem tokens. Aave's founder indicated token buybacks would occur under a new framework, while bitcoin steadied near the $60,000 level.
Base Suffers Second Chain Halt in 24 Hours, Complicating B20 Activation Window
Base experienced a second network halt in under 24 hours Friday morning, this time occurring within three hours of the scheduled B20 Activation Registry launch. Both outages displayed similar technical symptoms, with the second incident disrupting block production shortly before the anticipated activation window.
Spain regulator rules out extension for non-MiCA compliant crypto companies
Spain's financial regulator will not grant extensions or exceptions to the MiCA deadline for crypto exchanges seeking licenses to serve EU-based users. Carlos San Basilio stated that all non-compliant crypto companies must meet the regulatory requirement without delay or special accommodation.
Canton Network Tops Blockchain Fee Rankings With $60M in 30 Days
Canton Network generated $60.2 million in fees over 30 days, exceeding Tron's $27.6 million and Ethereum's $11.3 million. The privacy-enabled institutional blockchain built by Digital Asset achieved this ranking according to DefiLlama data.
Bipartisan Senators Ask CFTC Chair Whether Agency Is Investigating Polymarket's Fake-Bet Campaign
A group of bipartisan senators sent a letter to the CFTC Chair asking whether the agency is investigating Polymarket's paid influencer scheme. The platform operates under CFTC licensing but conducted staged trades on an offshore site outside the agency's direct regulatory reach.
Securitize Goes Public on NYSE July 2 With $400M From SPAC Merger
A tokenization platform will begin trading on NYSE on July 2 under ticker SECZ following a SPAC merger that raised over $400 million. The deal included a $225 million PIPE investment and supports BlackRock's BUIDL fund.
StablecoinX Begins Nasdaq Trading as First Public ENA Treasury Vehicle
StablecoinX Inc. began Nasdaq trading after completing its SPAC merger, holding approximately 3.03 billion ENA tokens. The company became the first publicly listed entity building infrastructure for the Ethena ecosystem.
SEC, CFTC seek input on unified portfolio margin rules across securities and derivatives
The SEC and CFTC are requesting public comment on unified portfolio margin rules that would apply across both securities and derivatives markets. The agencies are specifically seeking input on cross-margining, collateral, and risk management practices as cryptocurrency derivatives and multi-asset trading expand.
Fed Official Kashkari Gives Rate Hike Warning: How Will US Stocks and Bitcoin React?
Federal Reserve official Kashkari indicated that rate hikes may occur in 2026 and warned that services inflation remains sticky. This statement is weighing on both US stock prices and Bitcoin valuations.
Ethereum whale who shorted October 2025 crash opens $19.7M ETH short position
A cryptocurrency whale has opened a $19.7 million short position on Ethereum. The trader previously profited from an October 2025 crash and could gain $2.39 million in unrealized profits if ETH falls to $1,375.
Ondo Finance Launches 24/7 Minting and Redemption for Tokenized US Stocks and ETFs
Tokenized US stocks and ETFs on Ondo Finance can now be minted and redeemed 24/7 on Ethereum and BNB Chain. Previously, these operations were restricted to weekday US market hours.
Trump Blocks Housing Bill Signing Over Voter ID Demand, Putting CBDC Ban in Limbo
Trump blocked signing a housing bill containing a CBDC ban through 2030, demanding Congress first pass voter-ID legislation. The 21st Century ROAD to Housing Act passed both chambers but remains unsigned pending the separate voter-ID requirement.