DOJ Case Reveals Persistent Crypto Asset Seizure Gaps
A Justice Department case shows a cryptocurrency seizure gap as $290,000 was moved after a court forfeiture order. Practical key custody remains a challenge.
Saylor and Back Reject BIP-110 Fork as Ordinals Activity Plummets
Michael Saylor and Adam Back reaffirm opposition to the BIP-110 Ordinals proposal, citing network risks, as support and activity for Ordinals decline. BIP-110…
US Lawmakers Eye Release of New Clarity Act Draft Amid Senate Negotiations
A new draft of the Clarity Act crypto regulation bill is expected this week, combining Senate committee versions but lacking full consensus. Industry awaits le…
Ripple Considered Winding Down During SEC Lawsuit, CEO Says
Ripple CEO revealed they considered shutting down and distributing XRP to shareholders during the SEC lawsuit. Instead, Ripple fought and ultimately prevailed…
BIP-110 Sparks Controversy as Bitcoin Leaders Oppose Onchain Data Limits
BIP-110, a proposal to temporarily limit non-financial data on Bitcoin, faces major resistance from industry leaders like Saylor and Back. Miner adoption under…
Stablecoin Market Suffers Largest Decline Since 2022 Amid Waning Onchain Liquidity
The stablecoin market recorded a $7.7 billion contraction in June, driven by USDT and USDC outflows. Despite the largest drawdown since 2022, the percentage dr…
Bitcoin Nears Fidelity’s Power Law Support: Accumulation Begins, But No Upturn Yet
Bitcoin is approaching its power law support level near $58,000, tracked by Fidelity’s Jurrien Timmer, marking a historic accumulation zone but lacking a clear…
Bitcoin and Ethereum ETFs Post First Weekly Net Inflows in Over Two Months
US spot Bitcoin ETFs recorded $197M in net inflows, ending an eight-week streak of redemptions. The renewed Bitcoin ETF inflows signal a cautious shift in cryp…
American Bitcoin’s Reverse Stock Split Puts Treasury Strategy to the Test
American Bitcoin’s treasury strategy sees BTC holdings rise to 8,000 and a 1-for-15 reverse stock split; the company’s results and valuation present mixed sign…
Cantor and BSTR Hit Pause on 30,021-BTC Treasury Deal, Seek Revised Structure
The BSTR Bitcoin treasury deal with Cantor Equity Partners I, originally set for 30,021 BTC, faces restructuring as parties seek new financing terms to align w…