BitMine and Joe Lubin back a new non profit called Ethlabs that aims to spur adoption. Binance shutters services in Europe after failing to secure a license.
BIS warns stablecoins risk fragmenting global financial system
The Basel-based institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on tokenized forms of central bank and commercial bank money.
Will Bitcoin price recover in July?
Bitcoin’s past July gains and heavy short bets point to a rally toward $75,000, but a break below key support keeps the risk of $55,000 in play.
EU Watchdog EBA Details Big Crypto Fines as Landmark Laws Bite
The European Banking Authority laid out a proposed penalty framework on Friday that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue.
Binance posts over $400M in weekly net outflows as MiCA deadline nears
Early exchange flow data show no clear signs of a mass migration from Binance ahead of the EU MiCA transition deadline, despite rivals’ efforts to attract users.
Grayscale’s Pandl hopes Strategy sells $3B in Bitcoin to restore confidence
Grayscale’s research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover its cash obligations, but CryptoQuant argued the company has other ways to support STRC.
Base post-mortem reveals sequencer bug behind back-to-back outages
A “race condition” after the system was reset prevented the sequencers from catching up, causing the second outage.
Bitcoin unspent transaction outputs signal capitulation underway: analyst
“These periods have always been profitable for long-term investors,” said CryptoQuant analyst Darkfost.
Fidelity rebuts claims Bitcoin becomes less secure after halvings
The asset manager argues Bitcoin’s fixed supply schedule does not undermine network security, even as miners face shrinking block rewards after each halving.
Bitcoin faces fresh capitulation risk as 50K BTC moved at a loss
Nearly 50,000 BTC shifted to exchanges at a loss while short-term Bitcoin holders’ stress level reached 2-year highs. Is BTC headed toward new lows?