In crypto news today (July 3), Bitcoin has surged back above $60,000, up +2.7% over the past 24 hours as the market continues to show signs of life. Daily liquidations …
Andrew Grant
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This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum managed to bounce off support at $1,500 and recovered last week’s losses. This …
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CFTC Chair Michael Selig criticized Illinois lawmakers over a new 0.2% tax on crypto transactions, saying the state had moved against financial technology at the wrong time. Summary Illinois’ 0.2% …
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Crypto
Bitcoin ETF Outflows Hit $4.3B in June as Institutions Flee Risk
by Andrew Grantby Andrew GrantIn Bitcoin ETF news today, BTC USD closed June near its lowest price since September 2024, with spot Bitcoin exchange-traded funds recording net outflows of approximately $4.3Bn for the month, …
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Crypto
Why Bitwise’s Matt Hougan Thinks Strategy’s Bitcoin Era Is Fading
by Andrew Grantby Andrew GrantStrategy’s importance to Bitcoin is likely to diminish next cycle as institutional investors emerge as the market’s dominant buyers. Michael Saylor’s Strategy has long served as the dominant corporate …
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SLX exploded onto Korean exchanges, spiked to $0.47, then gave most of it back. Behind the volatility sits a Solana yield protocol with real total value locked. Here is the …
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Crypto
Is Metaplanet In Trouble? Holdings Hit 43,000 BTC as Income Revenue Falls 41% in Q2
by Andrew Grantby Andrew GrantMetaplanet added 2,823 BTC to its Bitcoin treasury on July 2, lifting total holdings to exactly 43,000 BTC, while its Bitcoin Income Generation business posted a -41% quarter-over-quarter revenue decline, …
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Crypto
Standard Chartered Becomes First Major Bank to Offer Direct Stablecoin Services
by Andrew Grantby Andrew GrantInstitutions will be able to combine custody, banking and stablecoin services through a single onboarding process. Standard Chartered has become the first global systematically important bank (G-SIB) to let …
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Crypto
Pi Coin price steadies after Pi2Day launches as bearish flag caps recovery
by Andrew Grantby Andrew GrantPi Coin price has edged higher after Pi Network introduced three ecosystem upgrades, while buyers stepped in following the token’s fresh all-time low and a broader crypto market rebound lifted …
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Crypto
Solana Governance Proposals Just Gave Stakers Override Power – Huge for SOL?
by Andrew Grantby Andrew GrantIn Solana news today, the Solana Foundation has launched Solana Governance Proposals (SGPs), a fully on-chain governance system that lets validators submit major protocol questions to a stake-weighted network vote, …