Who’s winning the West’s crypto regulation race?
In the latest episode of Byte-Sized Insight we explore the evolving crypto regulatory strategies of the US, EU and UK with insights from Gemini’s head of Europe.
Crypto
Crypto Draining Fake Wallet Extensions Flood Firefox Store
The “FoxyWallet” malware campaign saw more than 40 malicious extensions impersonating legitimate crypto wallets on the Firefox Add-ons store.
Bitcoin to benefit from Trump’s ‘Big Beautiful Bill,’ analysts predict
Congress passed the Big Beautiful Bill, Trump’s budget proposal, which could benefit Bitcoin, analysts say.
Ondo Finance to Buy SEC-Regulated Broker Oasis Pro for U.S. Tokenized Stock Push
Tokenization platform Ondo Finance ONDO said it agreed to buy Oasis Pro, a regulated brokerage platform, laying the groundwork for rolling out tokenized stocks in the coming months. The acquisition, whose price was not disclosed, would give Ondo a bundle of U.S. securities licenses: a broker-dealer, Alternative Trading System (ATS) and transfer agent regulated by … Read more
Oregon AG Seeks to Block Coinbase Bid to Move Securities Case to Federal Court
Coinbase called Oregon’s lawsuit a “regulatory land grab,” but the state says it’s a “quintessential state law action.”
Multibillion-dollar HODL: Bitcoin whales awaken after 14 years
Bitcoin whales have awoken after 14 years of dormancy, holding their BTC since it was trading below $0.78 a coin in 2011.
Russian State Giant Rostec Plans Ruble-Pegged Stablecoin, Payment Platform on Tron: TASS
Russian state-owned manufacturing conglomerate Rostec, best known for its role in the country’s military-industrial complex, plans to roll out a ruble-pegged token called RUBx alongside a payment hub dubbed RT-Pay before year-end. Each RUBx, according to state-owned news agency TASS, will represent one Russian ruble held in a treasury account. Rostec will run the token … Read more
Altcoins XRP, SOL, DOGE Slump as Trump Reignites Trade Tensions, Passes ‘Big, Beautiful Bill’
Altcoins are down after U.S. President Donald Trump announced plans to send letters to trading partners setting out tariff rates.
Coinbase’s Base Sees Over $4B in Capital Outflows Through Cross-Chain Bridges; Ethereum Registers Inflows of $8.5B
Nasdaq-listed crypto exchange Coinbase’s Layer 2 scaling solution, Base, has gone from being the leader in 2024 in terms of capital inflows through cross-chain bridges to the top loser this year. Data from the Artemis Terminal shows Base has seen a net outflow of $4.3 billion this year, a stark contrast to the net inflow … Read more
Bitcoin Long-Term Holders Signal Patience in Market
According to Glassnode, long-term holders (LTHs) are defined as investors who have held bitcoin (BTC) for at least 155 days. CoinDesk Research indicates that one reason bitcoin has ye to reach new all-time highs has been selling pressure from these long-term holders. However, zooming out, Glassnode data shows that the percentage of bitcoin’s circulating supply … Read more
PEPE Slips 6% as Whales Load Up, Technicals Hint at Possible Bounce Amid Market Jitters
The frog-themed memecoin PEPE (PEP) slid nearly 6% over the 24 hours, as Trump’s reciprocal tariffs deadline sent ripples through the cryptocurrency market and exposed the token’s volatility. PEPE’s price swung across a 16.5% trading range, underscoring how fast sentiment can flip in a market increasingly sensitive to geopolitical and macroeconomic signals when trading volumes … Read more
Bitcoin's third flop at $110K puts bulls at risk: BTC price levels to watch
Bitcoin price rally stalls at $110,000 after strong US employment data, with big overhead resistance at $112,000 and several key support levels below.
Phoenix FIRE investors allege exit scam; owner moves to dismiss case
Daniel Ianello has asked a Tennessee court to dismiss a lawsuit accusing him of orchestrating an exit scam after taking over a crypto project.
Nano Labs Buys $50M in BNB in $1B Plan to Hold Up to 10% of Supply
Nano Labs (NA), a Nasdaq-listed chipmaker, snapped up about $50 million worth of Binance’s BNB (BNB) token as it works toward a goal of owning as much as 10% of the total supply. The Hong Kong-based company said it bought 74,315 BNB in an over-the-counter deal at an average price near $672.45, lifting its total … Read more
JD.com, Ant Group Push for Yuan-Based Stablecoins to Counter Dollar Rule: Reuters
China’s JD.com and Ant Group are pressing the central bank to permit yuan-based stablecoins to counter the rise of U.S. dollar-linked digital currencies, Reuters reported on Friday. They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency’s global role. Both firms already plan to issue Hong Kong … Read more
Bitcoin on the Brink of All-Time High as Macro Tailwinds Gather Strength
Bitcoin BTC looks poised to climb to an all-time high this July, propelled by converging macroeconomic and market forces that are driving investors into riskier assets. U.S. equity indexes are already setting records, with the S&P 500, Nasdaq Composite and Dow Jones Industrial Average all sitting at highs, reflecting widespread investor confidence. As traditional markets … Read more
Solana and Fireblocks Selected by Japan’s Minna Bank for Stablecoin Use Case Study
Solana (SOL) declined 3.36% over the past 24 hours, retreating from $155.69 to $150.81, according to CoinDesk Research’s technical analysis model, amid broader market pressures, even as institutional developments in Asia signal growing momentum for the blockchain, One of Japan’s most digitally progressive banks has launched a new initiative that could expand real-world applications for … Read more
Bitcoin price can hit $150K in weeks thanks to Trump’s ‘Big Beautiful Bill’
Bitcoin has historically posted double-digit gains in the weeks following the passage of major US debt-expanding bills. Will 2025 follow the same pattern?
Bitcoin ETF Inflows Surge Past $600 Million for First Time Since May
BlackRock’s IBIT and Fidelity’s FBTC led Thursday’s inflows as investors repositioned around Trump’s tax bill and shifting market conditions.
Belgium crypto kidnapping case leads to three 12-year jail sentences
After sentencing the three kidnappers to 12 years each and ordering civil damages, the court noted that the masterminds behind the attack remain at large.
Russian Malware Campaign Adds Downward Pressure to Internet Computer’s ICP Token
Internet Computer Protocol (ICP) is trading at $4.8373, down 5.18% in the past 24 hours, while the broader crypto market as gauged by the CoinDesk 20 Index dropped only half as much. ICP faced renewed selling pressure as geopolitical risks and cybersecurity threats rattled digital asset markets. The decline comes amid troubling findings from cybersecurity … Read more
Bitcoin Whales Wake Up From 14-Year Slumber to Move Over $2B of BTC
When a large whale moves in the sea, it creates ripples across the water. Similarly, when a large bitcoin (BTC) holder, often referred to as a crypto whale, moves its coins on-chain, that creates buzz on social media, prompting observers to wonder if it’s a prelude to a sale and downside price volatility. Early Friday, … Read more
Crypto ETF BLOX, Which Offers Digital Asset Exposure and Options Income, Gains Steam
A recently launched crypto ETF in the U.S., which offers diversified exposure to digital assets along with options income, is gaining traction in a sign that investors are looking beyond traditional, single-spot-focused products. The Nicholas Crypto Income ETF (BLOX), an actively managed ETF designed for diversified exposure to the digital assets ecosystem while generating additional … Read more
How Zelenskyy's ‘suit’ became the center of a massive Polymarket fight
Crypto bettors have staked millions on whether the outfit technically counts as a suit, while a renowned fashion industry commentator hasn’t helped, calling it “both a suit and not a suit.”
$20M crypto scam victim who sued Citibank says 2 more banks liable
The victim of a $20 million crypto scam who sued Citibank last week for allegedly ignoring “red flags” has filed a similar complaint against two more banks.
Solana treasury firm extends stock rally after buying $2.7M of SOL
The company’s Solana stack is now worth almost $98 million. The firm’s stock price is up 2,733% year-to-date.
Bitcoin solo miner banks $350K with 2.3 petahash in ‘incredible odds’
A solo miner with just 2.3 petahashes successfully mined a Bitcoin block on Thursday, netting them $349,028 in rewards.
Bitcoin bull run could peter out in 2-3 months, says analyst
Crypto analyst Rekt Capital says that while there’s a lot of talk about the Bitcoin cycle extending into 2026, traders should not “throw away time-tested principles.”
US Republicans declare ‘Crypto Week’ to mull 3 crypto bills
US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they’ve dubbed “Crypto Week.”
Chinese firm completes first buy in effort to stockpile 10% of BNB
SkyBridge Capital’s Anthony Scaramucci has doubts crypto treasuries have legs in the long run, arguing investors will start buying crypto instead of investing in companies that hold it.