cryptomarketnews

The official name of the memecoin is Coinbase Man. When the memecoin launched, the developers transferred about 80% of its billion-token supply to the crypto address of Armstrong. The token BRIAN surged after Armstrong briefly changed his X profile picture to a cartoon character. Traders interpreted this as possible support, although neither Coinbase nor Armstrong himself expressed official support for the memecoin. In just a few hours, BRIAN’s market capitalization grew from under $1 million to $37 million.

Conditions are forming for a supply shortage on Ethereum. According to CryptoQuant CryptoOnchain analyst estimates, stablecoin reserves are increasing on Binance, while the available ETH supply is gradually tightening.
As the expert noted, on-chain data shows a two-sided dynamic around the Binance exchange. On the one hand, demand is rising; on the other, the available supply of ETH itself is being reduced. telegram

IOG, the main developers of the Cardano (ADA) blockchain, handed control of the network node to the community in Haskell.
“The Cardano protocol and governance are already decentralized. Now its development is also decentralized,” IOG stated.
Project founder Charles Hoskinson described the event as the “final stage of the Voltaire era.” According to him, since 2024 IOG and partners have carefully curated the process of transferring authority.

Senator Elizabeth Warren urged U.S. President Donald Trump to voluntarily disclose income related to digital assets for the period from January 1 to July 15 of the current year. In her view, the head of state should do so as soon as possible, without waiting for the mandatory report for 2026, which is filed only by next May.

In the original version of the draft law No. 1194918-8 “On Digital Currencies and Digital Rights,” stablecoins were not mentioned separately and were therefore, by default, considered cryptocurrencies—that is, they were available to any investors after passing special testing. However, a real cryptocurrency is, as a rule, an asset without an issuer and without obligations to investors, for example, an obligation to repurchase the asset. In the case of stablecoins, issuers do exist, the draft law notes.

Activity with XRP on exchanges shifted toward withdrawing coins. According to CryptoQuant analyst Amr Taa, on Coinbase withdrawals outpaced deposits reached a maximum for nearly five months.
The shift affected several major platforms at once. Meanwhile, the XRP token itself is trading around $1.10, meaning the changes have not yet turned into an immediate rise in price.

The Office of Foreign Assets Control (OFAC) linked these four addresses to Iran’s central bank and the Islamic Revolutionary Guard Corps (IRGC), a senior official said. He called the freeze part of the “Economic Fury” program, which is stated to aim at limiting Iran’s access to the international financial system, including through digital assets.

Leadership in the RWA sector will add up to £33 billion ($44 billion) to the UK economy annually by 2035. This is stated in the industry development plan prepared by the kingdom’s appointed representative for digital markets, Chris Woulard.
The roadmap is designed for one year. Its key goal is to transition from one-off experiments to the full-scale use of blockchain in finance.

July 12 a major investor transferred 2,931 BTC worth about $188 million to an unknown address, on-chain analytics said Onchain Lens. Before that, the user last moved the assets on October 23, 2018, when the first cryptocurrency was trading at around ~$6,475. At the time of writing, the price of bitcoin is about $62,800.

The largest cryptocurrency venture funds are actively diversifying their portfolios, investing billions of dollars in artificial intelligence (AI), robotics, and related technologies. Interest from investment companies originally focused on the crypto market in new sectors has increased amid cooling retail investors’ interest in trading crypto assets and the explosive growth of the AI sector overall.

Shares of Circle, the issuer of the second-largest stablecoin USDC, jumped at market high on July 10 by nearly 16%. The Office of the Comptroller of the Currency (OCC) — the regulatory body at the U.S. Department of the Treasury — approved its operations as a trust bank.

Stablecoins continue to leave Binance, indicating a structural outflow of buying power. According to analyst CryptoQuant CryptoOnchain, over the past 30 days USDC reserves on the exchange have decreased by about 21.6%, while anomalous one-day outflows have been recorded for USDT on the Ethereum network.
According to CryptoOnchain, USDC reserves on the exchange fell from $5.75 billion to $4.6 billion. At the same time, USDT on the Ethereum network showed large one-day outflows — $997 million on June 26 and $838 million on July 7. As a result, the total net stablecoin flow on Binance for the week averaged a deficit of $115 million per day.

The next major revaluation of XRP will not come from retail traders chasing headlines, but from banks that will begin holding the token on their balance sheets. This is what blockchain researcher Edo Farina believes.
In an interview with Coinpedia, Alpha Lions Academy founder said that XRP at times already behaves like an institutional asset rather than a typical altcoin. But the main proof, according to him, is still ahead.

Hyundai Card completed a test of cross-border transfers between Hyundai Motor subsidiaries using stablecoins.
As part of the experiment, $20,000 was converted into “stablecoins,” sent from the US to Mexico, and then exchanged back into dollars— the entire process took about seven minutes instead of 3–4 hours. The project involved Tether, Avalanche, and payment infrastructure company Axiym.

Developers of the BNB Chain blockchain network (also known as Binance Smart Chain) from the largest crypto exchange Binance have released a roadmap for the second half of 2026. The main news is the creation of a separate blockchain (L1) for high-frequency trading and AI agents.
BNB Chain CTO David Zi noted to The Block that centralized exchanges (CEX) still retain a technological advantage in transaction speed and low costs. And developers’ task is to offer a decentralized alternative that does not fall behind CEX in speed.

The Reserve Bank of India has proposed banning banks, financial institutions, and other financial entities from dealing in crypto assets and private stablecoins, Reuters reports, citing internal documents.
The tax authority separately warned about the risks of tax evasion through overseas exchanges, private wallets, and P2P transactions. According to its assessment, India has nearly 39 million crypto traders holding assets worth $2.1 billion. In the fiscal year that ended in March 2023, transactions involving digital assets were carried out by 645,000 people, but less than a quarter reported them in tax declarations.

Alfa-Bank plans to launch its own digital depository and also offer clients a full range of services related to cryptocurrencies after regulation is introduced. This was reported to RBC Investments by Dmitry Vitman, Operating Director of the Alfa-Bank Investment Banking Department (KIB).
«We at Alfa-Bank plan to offer all possible services related to digital currencies after the relevant legislation comes into effect. First of all, we will create our own digital depository, and also offer its services to other companies,» he said.

The world’s second-largest asset manager, Vanguard, has opened a position for a head of digital asset strategy. The candidate will develop crypto-focused areas, engage with regulators and the industry, and help shape market standards.
By the end of 2025, assets under management at the firm were about $12 trillion. Earlier, Vanguard had criticized Bitcoin.

Not long ago, just five years back, Donald Trump categorically rejected cryptocurrencies, calling them a "disaster" and "fraud." However, since then, his stance has changed radically. Having returned to the U.S. presidency, Trump eased regulation in this area—and personally benefited from it. According to his declaration, in just 2025 alone, the president’s family earned no less than $1.4 billion from various transactions involving digital assets.

Bitcoin (BTC) rose by 7% over the week. The market weathered new sales of bitcoins by Strategy, and spot exchange-traded funds (ETFs) for cryptocurrency began recording inflows after nearly two months of losses.
At 13:00 MSK on July 7, BTC is trading at around $63 thousand. The day before, on Monday, the coin fell to $61 thousand after the largest corporate holder of bitcoins, Michael Saylor’s Strategy, reported the sale of cryptocurrency worth more than $200 million. Almost immediately after the bitcoin setback, it returned to growth.