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Bitcoin Sits in Deep Value Territory but ETF Outflows and Long-Term Holder Losses Delay a Confirmed Bottom
Glassnode says Bitcoin remains in deep value territory, but a confirmed market bottom is still missing. Persistent ETF outflows, elevated long-term holder losses, and key resistance levels continue to weigh on any sustained recovery.
Nexo Launches Its Dual-Mode Crypto Card in Argentina as Buenos Aires Becomes Its Latin America Hub
Nexo has launched its dual-mode crypto card in Argentina, allowing eligible users to spend digital assets or borrow against them without selling. The rollout also establishes Buenos Aires as Nexo's regional hub for Latin America.
Arbitrum Lands a Robinhood Chain Revenue Stream as the Enterprise Layer-2 Race Intensifies
Arbitrum will receive 10% of Robinhood Chain's net protocol revenue under its Expansion Program, creating a new enterprise revenue stream. The partnership strengthens Arbitrum's position as competition intensifies among Layer-2 infrastructure providers.
Over $500 Billion Vanishes From US Markets as Trump Vows Fresh Iran Strikes and Oil Jumps 5%
More than $500 billion was erased from US markets after President Trump signaled possible new strikes on Iran. Stocks, cryptocurrencies, and gold declined while oil prices jumped sharply as investors reacted to escalating geopolitical tensions.
Cardano's ADA Falls 5% After EMURGO Quits the Pentad Governance Group Over the SecondFi Wallet Hack
Cardano's ADA fell around 5% after EMURGO exited the Pentad governance group to focus on recovering funds lost in the SecondFi wallet hack. The move has intensified governance concerns while recovery efforts for affected users continue.
Binance Wallet Integrates Plume's nBASIS Vault Bringing Invesco and Bitwise Fund Yields On-Chain
Binance Wallet has integrated Plume's nBASIS vault, giving users access to tokenized yield products backed by Invesco and Bitwise funds. The move expands retail access to real-world asset investments through self-custody and on-chain financial infrastructure.
Could Bitcoin's Next Price Floor Reach $800,000 as Digital Credit Rewires Institutional Demand
Capital B director Alexandre Laizet argues Bitcoin's future price floor could eventually reach $800,000 as digital credit products expand institutional demand. He believes Bitcoin-backed income securities could reshape long-term market dynamics despite ongoing risks and volatility.
Mark Cuban-Backed DeFi Dashboard Zapper to Shut Down August 3 After a Seven-Year Run
Zapper, the Mark Cuban-backed DeFi portfolio dashboard, will shut down on August 3 after seven years. The closure reflects declining user demand and shifting venture capital priorities as funding increasingly moves toward infrastructure and AI-focused crypto projects.
Paradigm Raises $1.2 Billion Fourth Fund to Push Beyond Crypto Into AI and Robotics
Paradigm has closed a $1.2 billion fourth fund to invest in crypto, AI, robotics, and frontier technologies. The move broadens the firm's investment strategy while maintaining a strong focus on blockchain innovation and emerging autonomous systems.
Dubai Cements Its Lead in the Digital Assets Race as Regulatory Clarity Becomes the New Competitive Currency
Dubai is strengthening its position as a global digital asset hub through clear crypto regulations, expanding VARA licensing, and regulated stablecoin initiatives. As institutions prioritize regulatory certainty, the emirate is attracting growing blockchain and digital asset investment.
AscendEX Shuts Down With Near-Empty Hot Wallets and No Guarantee Users Will Get Their Crypto Back
AscendEX has ceased operations, halted withdrawals, and warned users they may not recover their full crypto balances. The shutdown follows regulatory challenges, liquidity concerns, and on-chain evidence suggesting depleted exchange reserves before the closure.
Trump-Linked WLFI Treasury Firm AI Financial Jumps Double Digits as Its Make-or-Break August Unlock Approaches
AI Financial shares jumped more than 11% as investors focused on the company's upcoming August 12 WLFI token unlock. The event could unlock hundreds of millions in deployable assets, making it a pivotal moment for the Trump-linked crypto treasury firm.
Enjin to Host Its First Ever X Space on July 9 as the Web3 Gaming Platform Steps Up Its Community Push
Enjin will host its first-ever X Space on July 9, launching a recurring community series focused on Web3 gaming. The event comes as Enjin expands developer tools, ecosystem projects, and engagement efforts to accelerate blockchain gaming adoption.
Celo Sets July 20 Deadline for Its Agentic Payments and DeFAI Hackathon as the L2 Doubles Down on AI Agents
Celo has launched its Agentic Payments and DeFAI Hackathon, with submissions due on July 20. The initiative aims to accelerate AI-powered payment and DeFi applications while strengthening Celo's position as a leading Ethereum Layer-2 for autonomous AI agents.
Bitcoin Is Tracking Its 2018 Bear Market Almost Tick for Tick According to Analyst Benjamin Cowen
Analyst Benjamin Cowen believes Bitcoin is closely following its 2018 bear market pattern, forecasting a July rebound before potential weakness into autumn. He highlights $61,147 and $60,000 as key support levels while advocating long-term dollar-cost averaging.
India's Central Bank Pushes to Bar Banks From All Crypto Exposure as Policy Leans Toward Prohibition
India's Reserve Bank is reportedly pushing to prohibit banks and financial institutions from any crypto exposure while maintaining a hard stance on stablecoins. The proposal could significantly shape the country's future crypto regulations without affecting individual ownership for now.
Bitcoin Slides Below $62,000 as Trump Declares the US-Iran Ceasefire Over and War Fears Grip Crypto
Bitcoin dropped below $62,000 after President Trump declared the US-Iran ceasefire over, triggering a broad crypto market selloff. Ethereum, Solana, and Dogecoin also declined sharply as geopolitical tensions fueled nearly $450 million in leveraged liquidations.
Trump Says the Iran MoU Is Over Sending Bitcoin Below $62,000 While Oil Surges to Two-Week Highs
Bitcoin fell below $62,000 after President Trump declared the Iran memorandum of understanding was over, triggering a risk-off market reaction. Meanwhile, oil prices climbed to two-week highs as geopolitical tensions and supply concerns intensified.
SBI Holdings Becomes Sole Investor in EDX Markets $76 Million Series C to Power Institutional Crypto Trading
SBI Holdings has become the sole investor in EDX Markets' $76 million Series C funding round, supporting the expansion of institutional crypto trading, clearing, settlement, and global operations as EDX strengthens its regulated digital asset infrastructure.
NEAR Opens Confidential Intents to All Developers as Private Transactions Hit 42% of Platform Volume
NEAR Protocol has opened its Confidential Intents infrastructure to all developers through a one-click API, enabling private on-chain transactions. The platform reports confidential transfers now account for 42% of transaction volume, with over $1.5 billion settled and growing institutional interest.