Bitcoin started July with a bang, rallying above $60,000 as traders predict a relief rally as the “base case” throughout the month.
Ethereum backers launch nonprofit to lead institutional adoption efforts
Backed by Joe Lubin, BitMine and SharpLink, the independent organization will serve as a liaison for financial institutions exploring Ethereum as competition for institutional capital heats up.
Bank of Korea governor outlines tokenized bond vision, unified ledger plan
The Bank of Korea’s governor praised tokenized government bonds for easing the issuance and management of government debt during a panel discussion at the ECB Forum.
Circle CEO touts USDC’s network advantage as OUSD emerges
Bernstein said OUSD could become the strongest new challenger to the Circle-Tether duopoly, while flagging unresolved questions around governance, operations and revenue sharing.
Last-minute MiCA approvals mark end of EU transition period
A final wave of MiCA approvals expanded Europe’s roster of licensed crypto firms as the transitional period came to a close.
French banking giant Crédit Agricole launches EURXT euro stablecoin
Crédit Agricole’s CACEIS launches a euro-pegged stablecoin on Ethereum with 20.02 million tokens issued, targeting institutional flows and tokenized fund access.
Crypto enters Q3 with thinner liquidity but less leverage after Q2 reset: Talos
Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity.
Bitcoin ETFs lose record $4.5B in June, eclipsing Strategy’s $1.25B raise
US spot Bitcoin ETFs logged a record $4.5 billion in June outflows, pushing year-to-date totals to $5.5 billion, signaling an unprecedented pace of withdrawals.
Former Goliath Ventures CEO pleads guilty in $400M crypto Ponzi case
Former Goliath Ventures CEO Christopher Delgado pleaded guilty to fraud and money laundering and agreed to forfeit properties, vehicles, luxury goods and crypto wallets.
Taiwan’s legislature passes crypto, stablecoin regulations
Taiwan’s legislative branch has passed the nation’s first crypto and stablecoin rules, which aim to integrate the country with the global crypto market.