Institutional Bitcoin Options Traders Place Large Bets on $72K BTC Price by Late July, Aligned with Federal Reserve Meeting
Institutional Bitcoin options traders are executing bull call spread strategies targeting a $72,000 price level by late July. This positioning aligns with the US Federal Reserve's upcoming policy meeting scheduled for that timeframe.
Bitcoin Reclaims $65,000 as BTC ETF Inflows Return: Is the Worst Over?
Bitcoin rose to $65,000 as exchange-traded fund inflows resumed for a second consecutive week. The recovery represented a 3.3% gain against the $8.2 billion in previous outflows.
BlackRock’s Larry Fink Says Crypto Washout Is Over: Is Bitcoin Stabilizing?
BlackRock CEO Larry Fink stated that the cryptocurrency leverage washout has ended as Bitcoin ETF flows became positive. Bitcoin ETF inflows suggest potential stabilization in the crypto market following previous volatility.
Kalshi Adds 3 Million Users During FIFA World Cup Boom
Kalshi gained three million users while bettors traded over $1.2 billion on its FIFA World Cup winner market. The platform experienced this user growth during the World Cup betting event.
Allbridge Core Pauses Protocol After Attacker Drains More Than $1 Million
An attacker exploited Allbridge Core's stablecoin liquidity pools, draining over $1 million, which prompted the protocol to pause operations. This incident occurred during a month when crypto protocol exploits resulted in $57.8 million in total losses.
Kraken Won Historic Fed Approval. So Why Isn’t Its Master Account Live Yet?
Kraken received Federal Reserve approval for a master account but has not yet activated it months after gaining authorization. CEO Brian Mathena provided an explanation for the operational delay in implementing this historic banking access.
MicroStrategy CEO: Wall Street’s Biggest Banks are Locked in a Tight Bitcoin Race
Wall Street's major banks including Goldman Sachs, JPMorgan, and Citigroup rank below Fidelity in MicroStrategy's Bitcoin Banking Adoption Index. The ranking measures how these financial institutions are adopting Bitcoin services and capabilities.
Bitcoin's biggest advocate, Michael Saylor, says new plan to clean up the blockchain is 'a bad idea'
A proposal called BIP-110 would temporarily block spam data from the Bitcoin blockchain, but Michael Saylor contends this would compromise network neutrality. Saylor warns the plan establishes a precedent for censorship on Bitcoin.
Michael Saylor Calls Corporate Bitcoin Adoption Necessary and Inevitable
Michael Saylor states corporations are essential for Bitcoin to achieve success as global money due to efficiency, scale, and trust considerations. He characterizes corporate Bitcoin adoption as necessary and inevitable.
Kraken Expands Access to Crypto Options with New Bitcoin (BTC) and Ethereum (ETH) Contracts
Kraken introduced new options contracts for Bitcoin and Ethereum to expand derivatives trading access for professional and institutional investors. The exchange, which also offers stock trading, aims to make sophisticated crypto options available to a broader user base.
Ethereum (ETH) Emerges as Crypto Market Leader in Tokenized ETF Inflows Amid Broader Institutional On-Chain Shift
Ethereum received more capital inflows into tokenized exchange-traded funds than any other blockchain over the past year. The shift reflects broader institutional adoption moving onto blockchain networks through tokenized financial products.
FTX Bankruptcy Proceedings Enter Next Phase with $900 Million Creditor Distribution
FTX's bankruptcy estate will distribute approximately $900 million to eligible creditors in its fifth wave of repayments. This distribution marks continued progress in the estate's obligation to address claims from the collapsed cryptocurrency exchange.
Ripple Payments Joins MiCA With 14 Firms, Does It Mean Anything For XRP?
Ripple Payments Europe joined 14 other firms added to the European MiCA register, bringing the total authorized crypto providers in the EU to 294. This regulatory authorization confirms Ripple's compliance with MiCA requirements in Europe, though the article notes licensing momentum is cooling.
FTX Customers to Receive Up to 120% in New $900 Million Payout
FTX creditors will receive a $900 million payout on July 31, with most customers recovering over 100% of their original claims. Some creditors may receive up to 120% of their claim amounts through this fifth distribution.
SBI Holdings Finalizes Acquisition of Singapore’s Coinhako Platform
SBI Holdings completed its acquisition of Coinhako, a Singapore-based cryptocurrency exchange. The deal gives SBI a controlling interest in the platform as part of its strategy to expand its global tokenized asset network.
NVIDIA Quietly Holds $196 Million Stake in Crypto-Friendly Revolut
NVIDIA holds a $196 million stake in the fintech company Revolut, according to UK filings. Revolut is seeking a valuation of $115 billion and is known for offering cryptocurrency services.
Tokenization Could Add Hundreds of Billions of Pounds of Value to the UK economy by 2035
The UK government released a digital asset strategy aimed at removing regulatory barriers in wholesale financial markets. Tokenization could potentially add hundreds of billions of pounds to the UK economy by 2035 through greater efficiency and lower costs.
Bitcoin Price Prediction: Larry Fink Turns Bullish on BTC, Blames Leverage Trading
Larry Fink has become bullish on Bitcoin following one of the year's sharpest leverage liquidations in a bearish market environment. Fink attributes the recent price movements to leverage trading activity rather than fundamental market weakness.
Crypto.com Secures $400M Investment From Citadel Securities at $20B Valuation
Citadel Securities invested $400 million in Crypto.com, valuing the company at $20 billion. The investment represents a significant capital infusion into the cryptocurrency exchange platform.
Visa Foresees Stablecoins Enabling Micro Transactions in the Ecosystem Autonomous AI Agents
Stablecoins could enable micro transactions between autonomous AI agents operating independently in digital ecosystems. Visa identified this use case as particularly suited to economies where self-operating intelligent systems handle complex tasks without human intervention.
Stalled CLARITY Act Gets Presidential Treatment as White House Meeting Scheduled for Today
The CLARITY Act, stalled crypto market infrastructure legislation previously approved by the Senate Banking Committee, is being discussed at a White House meeting with legislators today. The bill has not yet received a floor vote in the Senate.
BlackRock Outlines Roadmap for Blending Crypto with TradFi
BlackRock is developing investment vehicles that combine cryptocurrency with traditional finance offerings. The world's largest asset manager is positioning itself to bridge these previously separate financial sectors with sophisticated products.
Stanford study says 5-minute Bitcoin prediction markets enable settlement manipulation
Bitcoin prediction markets with five-minute settlement windows create opportunities for price manipulation around contract settlement times, according to Stanford research. Polymarket's markets exemplify this vulnerability, though longer settlement windows are proposed as a potential mitigation strategy.
US Senator blasts AG pick for ‘dismantling’ crypto unit, Trump’s CZ pardon
Trump's attorney general nominee faced Senate criticism over plans to dismantle the Justice Department's cryptocurrency enforcement unit and for Trump's pardon of Binance's former CEO Changpeng Zhao. A senator objected to reducing resources dedicated to crypto crime investigation and prosecution activities.
Ostium pauses trading as security firms report multimillion-dollar oracle exploit
Ostium halted trading after security firms discovered an oracle-related exploit affecting its OLP liquidity vault, with estimated losses between $18 million and $22 million. The platform advised users to revoke contract approvals following the attack.
Bitcoin Price Analysis: BTC Pushes Past $65K – Can It Keep Climbing?
Bitcoin has rallied past 65,000 dollars and is testing a critical supply area that could indicate either a broader trend reversal or a temporary relief rally. The asset has reclaimed several short-term resistance levels as it approaches a major technical decision point.
Japan’s Landmark Vote Reclassifies Bitcoin And Crypto As Financial Assets
Japan's parliament approved legislation reclassifying bitcoin and other cryptocurrencies as financial assets instead of their previous classification. This regulatory shift aligns digital assets more closely with traditional financial markets.
Scott Bessent Announces $130 Million Crypto Freeze Targeting Iran Central Bank
The US Treasury froze over $130 million in cryptocurrency connected to Iran's Central Bank through sanctions on multiple wallets. Treasury Secretary Scott Bessent announced the action via a post on X, with OFAC sanctioning the wallets linked to the Central Bank of Iran.
CFTC Orders Fulfilment of Pending Trades on Kalshi Following a Michigan State Court Order
The CFTC ordered Kalshi to fulfill pending trades after overriding a Michigan state court order that had canceled them. The agency asserted its authority as the federal regulator of designated contract markets over state court decisions.
Stablecoin Enabler Velocity Raises $38 Million Series A
Velocity, a stablecoin enablement firm, raised $38 million in Series A funding led by FirstMark and Dragonfly. The round included investors such as Coinbase Ventures, Capital One Ventures, and Ripple.