Three US senators oppose CLARITY Act on ethics grounds with vote expected soon
Three US senators oppose the CLARITY Act on ethics grounds, with a Senate vote expected before August 10. The crypto market structure bill lacks confirmed Democratic support needed for passage.
Transatlantic Task Force Provides Recommendations for UK-US Collaboration on Digital Assets
A transatlantic task force published recommendations for US-UK collaboration on digital asset regulation, initiated during President Donald Trump's September 2025 visit to the UK. The Transatlantic Taskforce for Markets of the Future outlined how the two countries should work together on this regulatory framework.
UK Adopts ‘No Gain, No Loss’ Tax Treatment for Crypto Lending and Liquidity Pools
The UK will introduce "no gain, no loss" tax treatment for crypto lending and DeFi liquidity pool transactions starting April 6, 2027, deferring Capital Gains Tax until users economically dispose of their cryptocurrency. This change allows participants to engage in these activities without triggering immediate tax liabilities on gains from the transactions themselves.
Bitcoin Price Jumps Above $64,000 as Cooler-Than-Expected Inflation Strengthens the Case for Rate Cuts
Bitcoin's price rose above $64,000 following cooler-than-expected June inflation data that increased expectations for Federal Reserve rate cuts. Core inflation remained sticky and oil prices continued rising, creating uncertainty about the economic outlook.
NEAR Governance Votes to Scrap Developer Gas Rebate
The NEAR protocol's governance body approved elimination of developer gas rebates through proposal HSP-027, directing all network gas fees to be burned instead of partly returned to smart-contract owners. This change affects how NEAR handles transaction fees on its blockchain network.
US Government Sends $297 Million in Seized Crypto to Coinbase in One Day
The US government transferred $297 million in seized Bitcoin and Ether to Coinbase Prime in two transactions on Monday. The movement involved both Bitcoin and Ether across the transfers to the cryptocurrency exchange platform.
Hyundai completes USDT treasury settlement pilot between US and Mexico
Hyundai completed a cross-border treasury settlement using USDT stablecoin between its US and Mexican subsidiaries. The proof-of-concept demonstrates enterprise adoption of stablecoin payments for international transfers.
Solana adds 8.4M new addresses weekly, hits 10.1B transactions in Q1 2026
Solana added 8.4 million new addresses weekly and processed 10.1 billion transactions during Q1 2026. The network's transaction volume and growing user base demonstrate its expanding activity levels.
Altcoin Season Index Signals Growing Momentum Beyond Bitcoin
The Altcoin Season Index has risen to 58 from a June peak of 64 as Bitcoin's market share declines. Capital is shifting from Bitcoin into alternative cryptocurrencies during this period of index movement.
Tom Lee Says ETH/BTC Breakout Signals Crypto’s Big Comeback
Tom Lee identified a rising ETH/BTC ratio as a signal of cryptocurrency revival. The article notes that available data presents a more modest picture than Lee's characterization suggests.
South Korea Crypto Volume Hits a Two-Year Low Amid the KOSDAQ Crash
South Korea's cryptocurrency trading volume fell below 10 trillion won for the first time since September 2023, marking a two-year low. This decline occurred alongside a major crash in the country's stock markets.
Ethereum Price Analysis: ETH Reaches Its Biggest Obstacle on the Road to $2K
Ethereum is approaching a major technical resistance level after recovering from June lows. The asset faces a confluence of long-term resistance barriers that coincide with liquidation levels in the market.
Bonzo Lend, Hedera’s DeFi Lending Platform, Suffers $9 Million Loss from Oracle Manipulation
A DeFi lending platform called Bonzo Lend lost approximately $9.05 million on July 11, 2026, through an oracle manipulation exploit. The vulnerability existed in a third-party oracle service rather than in Bonzo Lend's own smart contracts.
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.