Crypto News

he filing came on the same comment deadline as Multicoin Capital and the Hyperliquid Policy Center's framework support letter, which prompted Kyle Samani's public attack on his former firm this week.

Galaxy CEO Mike Novogratz said the deal reflects its view that AI compute demand is a structural shift.

Fundstrat's Tom Lee recently made similar points about Ethereum's long-term growth potential, expanding the Amazon analogy beyond Bitcoin.

The overall cryptocurrency market fell 2.5% to around $2.45 trillion, wiping out more than $530 million in long bets.

The dispute comes a month after Samani and Hayes got into a gentleman’s bet on which token would end higher by year-end.

The Senate is moving quickly towards a procedural vote on the legislation, with hopes for a final passage by the end of the week.

In a podcast, Anthony Scaramucci stated he is not optimistic about the CLARITY Act’s passage this year and says it has up to a 40% chance, despite recent progress in the legislature.

Analyst Kyle du Plessis stated that ZEC needs to reclaim the $530 level to prove the vulnerability was never exploited.

According to Bitfinex analysts, in May and June, wallets holding 100 to 1,000 BTC sold for $5.1 billion.

Circle announced it has acquired more than 680 blockchain patent families and nearly 1,000 issued patents from IBM's blockchain portfolio.

Strategy disclosed that it did not purchase any Bitcoin during the past week, extending its buying pause to five consecutive weeks.

Keefe Bruyette cited slower lease execution and higher risks entering the second half of 2026 as the reason for the CORZ stock downgrade.

The dispute comes as Gemini faces pressure from investors, with Truist cutting its price target and the company continuing its post-restructuring focus on the US market

A 'RISK-OFF' macro climate caused by rising 10-year Treasury yields and other factors reduced investor interest in riskier assets like Bitcoin, said Axel Adler.

Coinbase co-founder and CEO Brian Armstrong said in a post on X that a pivot from crypto to AI is “the wrong way to think about the world.”

Shipping and commodity experts remain skeptical, warning that the Strait of Hormuz remains effectively constrained and a full reopening could still be months away.

The CLARITY Act placed crypto exchanges, DeFi platforms, and crypto ATMs under existing AML and sanctions regulations, according to Senator Cynthia Lummis.

BitMart has already stopped accepting new registrations and deposits, and all trading services will be shut down next month.

Ansem's broader thesis is that creator tokens could merge social influence with speculation to create a new form of "tokenized creator economy" around online personalities.

Morgan Stanley has a sponsor fee of 0.14%, 11 basis points less than BlackRock’s iShares Bitcoin Trust.

World also launched World ID 4.0, an enterprise-focused upgrade, after verifying over 18 million people and generating more than 475 million identity proofs since launch.

Chief Legal Officer Paul Grewal will also be leaving, while Jesse Pollak is stepping back from leading the Base app due to unmet strategic goals.

Galaxy’s trading desk says Bitcoin’s risk-reward is improving over the next 6-12 months, citing stronger ETF flows.

Cathie Wood's ARK Invest purchased roughly 130,000 additional Circle shares across three ETFs.

Goldman Sachs CEO’s backing comes as Senate Republicans circulate updated CLARITY Act text ahead of a possible floor vote next week.

The motivation behind the latest donations is unclear, adding to the ongoing mystery of why people keep sending Bitcoin to crypto’s richest holders.

Crypto-linked equities traded lower in pre-market trading, with BitMine, Strategy, Circle, Coinbase, Robinhood and Block in the red.

BitMEX's closure comes as decentralized perpetual exchanges continue to gain market share, with Hyperliquid helping push perp DEXs to 13.5% of total open interest.

Ark Invest also reduced its small positions in Brera Holdings across several of its funds.

COIN shares fell more than 5% on Wednesday, after the stock surged more than 11% a day before on fresh optimism about the bill’s progress.

Bitcoin miners expanding into AI and data center infrastructure also moved lower despite fresh bullish commentary from Wall Street.

Bitcoin climbed above $66,000 for the first time since mid-June, while XRP outperformed the broader crypto market.

A Wall Street veteran thinks stablecoins, tokenized assets, and cryptographic identity systems will become more important as AI agents.

Senator Bernie Moreno reportedly stated that the Department of Justice, not state attorneys general, would be responsible for enforcing the ethics provisions.

The rally followed weeks of selling pressure that left most of the sector deep in negative territory for July.

Despite the governance milestone, ADA’s price remained under pressure.

Capitol Hill observers believe the legislation must advance next week or its chances of passing this year could effectively disappear.

The move formalizes a framework Grayscale first tested with a one-time Ethereum staking payout earlier this year.

Chairman Tom Lee said the reduced Ethereum buying reflected the company's decision to allocate capital toward its $4 billion share repurchase program.

Hut 8 plans to bring a 352 MW Nvidia-powered AI data hall online by 2028, with the fully built-out campus expected to generate $1.31 billion in annual net operating revenue.

The company has now gone four consecutive weeks without increasing its Bitcoin position, including two weeks of sales followed by two weeks without purchases.

Mallers argued speculative capital chasing AI and prediction markets was never sustainable, Bitcoin demand to begin with.

Crypto-linked stocks, including Coinbase, Circle, Strategy and Bitmine, edged higher while investors awaited updates on the CLARITY Act and corporate crypto treasury announcements.

HYPE futures open interest has climbed to nearly match Ripple’s XRP, with a monthly perpetual volume of $266 billion in June, up over 34% from the month before.

A Politico report suggested the CLARITY Act may struggle to win enough Democratic support in the Senate.

Visa said its new stablecoin platform will allow banks, fintechs, and crypto firms to issue, store, transfer, and redeem stablecoins through a managed infrastructure.

According to Bitmine chairman Tom Lee, the "Uncanny Valley of Wealth" is a future in which AI creates an increasingly large share of global wealth.

Senate recess starts after the first week of August. Near-final bill language could leak later this week as negotiations continue.

According to William Blair, the main risks facing both companies are already reflected in market expectations.

DTCC plans to formally launch the service in October, following SEC regulatory approval.