1,700 UK investors have launched a group lawsuit in London’s High Court against Binance and founder Changpeng Zhao. The claimants say the pair sold risky crypto derivatives products to retail investors without authorization. UK Investors Demand $200M from Binance The plaintiffs allege that between around late 2019 and 2020, Binance offered products such as leveraged […]
Bitcoin Magazine Bitcoin Price Reclaims $60,000 As Strategy (MSTR) and Strive (ASST) Jump More Than 10% Bitcoin price climbed above $60,000 on Wednesday, a level the asset had ceded during the last couple weeks of turbulence, after Federal Reserve Chair Kevin Warsh told a central bank forum that the threat of persistent inflation had moderated. […]
Key Takeaways: Ethereum Institutional launched as a new independent nonprofit. Bitmine, SharpLink, and Joseph Lubin are the founding backers. The group is intended to help ramp up adoption of Ethereum in institutions globally. User Score 8.7 Follow us on Google News Ethereum opened its own organization to provide assistance to financial institutions on adopting its […]
Bitcoin retreated toward $58K despite improving financial conditions, highlighting an unusual market divergence. Analysts said persistent crypto-specific selling, rather than broader macroeconomic pressure, has kept the asset disconnected from equities, Treasury yields, and gold. Why Did Bitcoin Fall While Traditional Markets Improved? According to the Bitfinex Alpha report published July 1, bitcoin began the third […]
The company announced a suite of DeFi products, plans for launching crypto trading in the UK and its public mainnet after months of testing.
Trillions of SHIB exit exchanges after a record Q2 loss, XRP defends $1 quarterly base, and Citi cuts its Bitcoin target as AI pulls capital from crypto ETFs.
US President Donald Trump made more than $1.4 bn (£750m) last year from business dealings in cryptocurrency, according to his mandatory financial …
TL;DR: Taiwan approved its first crypto and stablecoin regulation law, requiring licenses for all virtual asset service providers. Stablecoins issued in Taiwan will require approval from the central bank and the FSC, with reserves periodically audited by a trustee. Penalties for operating without a license reach up to seven years in prison and fines of […]
BNB Chain said on July 1, 2026, that BNB Agent Studio is live on BNB Smart Chain mainnet. The developer product lets builders describe an AI agent in one prompt inside AI IDEs such as Cursor or Claude Code, making one-prompt deployment the core pitch for onchain agents. The update affects developers who previously had […]
US spot Bitcoin ETFs ended June with the kind of flow number that forces the market to pay attention. According to flow data tracked by Farside Investors, the group recorded roughly $4.5 billion in net outflows across the month, making it the weakest monthly showing since the products began trading in January 2024. TL;DR US […]
Bitcoin Magazine The 2036 Issue: The Future Is Now, Words of Wisdom from Jeff Booth SPOILER ALERT: Jeff Booth does not know what the world will look like in 2036. I know, I know… You probably wanted to hear from Jeff — author of The Price of Tomorrow and someone with incredible foresight and vision […]
Key Takeaways: Monetization Gateway is an extension of Cloudflare launched with stablecoin payments through x402. Customer charges for APIs, datasets, web pages, and AI products. The system enables instant, low-cost micropayments without user accounts. User Score 8.7 Follow us on Google News Cloudflare is bringing stablecoins deeper into internet infrastructure with the launch of its […]
June was brutal for the primary cryptocurrency, with its price crashing about 20% over the month. And even though July is usually a strong period for BTC, this one kicked off poorly, and the asset continues to trade well below $60,000. Several altcoins have mimicked the move, posting additional losses, while Cardano (ADA) is among […]
The cryptocurrency industry has spent $189 million influencing the 2026 U.S. midterm elections, making it the single largest source of corporate political money in the country. Crypto Outspends Its Entire 2024 War Chest The figure already exceeds the roughly $170 million the industry deployed across the entire 2024 election cycle, Public Citizen said. Crypto now […]
Bitcoin rallied above $60,000 despite Federal Reserve rate hike fears and steady outflows from the BTC spot ETFs. Is the rally a bull trap?
July 1st, 2026 – Dubai, UAE Utorg, a crypto wallet and card platform built on institutional-grade infrastructure, today announced it has received full authorization under the EU’s Markets in Crypto-Assets (MiCA) regulation, effective July 1, 2026 – the date on which the industry’s transitional period ends and unauthorized providers can no longer legally serve European […]
Phantom hired Ventuals co-founders Alvin Hsia and Emily Hsia, plus engineer Aris Samad, folding them into its trading and data teams. Ventuals ran perpetual futures on private-company valuations, including OpenAI and Anthropic, logging more than US$650 million (AU$943 million) in lifetime volume before winding down in June. The acqui-hire advances Phantom’s bid to become the […]
Trump reported at least US$1.2 billion in 2025 crypto income in a 927-page filing released by the U.S. Office of Government Ethics. The TRUMP memecoin generated about US$635 million in royalties, while World Liberty Financial added more than US$588 million in token-sale proceeds. His holdings include over US$50 million in Bitcoin and up to US$25 […]
Wall Street giant Citi has slashed its 12-month Bitcoin price target to $82,000 and its Ethereum target to $2,200.
Nearly 1,700 British investors allege Binance sold leveraged derivatives it was not authorised to offer under UK law, in a claim filed as the exchange continues to navigate regulatory challenges across multiple jurisdictions. Binance and co-founder Changpeng Zhao are facing a group legal claim filed at the UK High Court on Monday by 1,692 retail […]
As New Cryptocurrency Ecosystem Takes Shape in Europe, Regulators See Risk. July 1, 2026. Koos Couvée. Europe Editor – Moneylaundering.com.
Crypto exchange balances saw a notable withdrawal wave heading into July 1, with USDC and Bitcoin leading approximately $850 million in net outflows from centralized platforms. The move adds another layer to a market already watching liquidity, ETF flows, and investor positioning closely. TL;DR Centralized exchanges reportedly saw around $850 million in net withdrawals over […]
TL;DR Talos said Bitcoin and Ether long liquidations totaled $8.35B in Q2, leaving crypto with less leverage but thinner liquidity entering Q3. Bitcoin open interest fell 32% to $33.5B, Ether open interest dropped 40% to $16.2B, and Bitcoin 2% order-book depth slid. Demand softened as U.S. spot Bitcoin ETFs saw $4.5B in June outflows, while […]
Bitcoin Magazine One Year Later: How Coldcard Q’s Key Teleport Delivers Secure Remote Key Management for Bitcoin Treasuries Have you ever been travelling, had to make a big payment and realised you left your hardware wallet back home? Perhaps you are a key holder in a business’s Bitcoin treasury, or an emergency came up, and […]
Memecoin sales and royalties made the most money for Trump last year, more than all of his golf courses combined.
President Trump just reported huge earnings from cryptocurrency ventures, totaling some $1.4 billion. New financial disclosures detail $635 million in royalties from his memecoin business and more than $715 million from World Liberty Financial token sales, equity sales, and wallet income. The Trump family memecoins Trump Coin and Melania Coin have fallen sharply since their […]
The UK’s top financial regulator has eased elements of its landmark cryptocurrency rules, providing relief to firms navigating the new compliance landscape. The Financial Conduct Authority announced adjustments to its cryptoasset regime, scaling back certain requirements that had drawn significant industry pushback, reports the Financial Times. The changes aim to balance investor protection with fostering […]
The Tron network set fresh usage records in June, with Lookonchain reporting that the ecosystem recently surpassed 385 million total transactions and 26.9 million wallet addresses as its stablecoin-driven activity has accelerated. A Record Month for Network Activity Onchain data showed the network reaching new all-time highs in June 2026, with figures circulated by analytics […]
As Bitcoin fell to a 21-month low of $58,100, Santiment said on-chain data shows a widening gap between the behavior of large holders and retail investors. Wallets holding between 10 and 10,000 BTC reduced their combined holdings by 0.37% since June 15, according to Santiment’s Supply Distribution metric. This indicates continued selling by whales and […]
The Winklevoss twins have made huge Bitcoin deposits into a major crypto exchange in a suspected attempt to sell and take profit while Bitcoin struggles to recover.
Here is what each release means for active traders, and how the sequence fits together. TL;DR June jobs report (NFP) releases Thursday, July 2 at 8:30 a.m. ET, about two weeks after the Fed’s hawkish June hold. May payrolls rose 172,000. FOMC minutes from Chair Kevin Warsh’s first meeting publish Wednesday, July 8, with detail […]
Europe’s MiCA transition period ended on July 1, cutting off unlicensed crypto exchanges from serving new EU clients. Finance Magnates tested what users with an EU IP address encounter when attempting to register on five platforms that remain without a CASP licence, and compared those sign-up experiences with each exchange’s public messaging. Binance: Restrictions Announced, […]