Latest News
Jul 3

Barstool Sports Founder Dave Portnoy Is Down Bad on Bitcoin—Again
Dave Portnoy openly admitted to losing millions in Bitcoin trading, expressing regret for buying at $100,000 and experiencing consistent losses. Despite past mistakes, he now vows to hold onto his investments, even if they plummet to zero.
Jul 3

Nigel Farage Faces Allegations of Lobbying Bank of England for Donor's Benefit in Crypto Policy
Nigel Farage is under scrutiny for allegedly lobbying the Bank of England on cryptocurrency policy to benefit his major donor, Tether investor Christopher Harborne. Labour MPs have raised concerns about Farage's actions violating parliamentary rules on lobbying officials for personal gain.
Jul 3

President Trump Defends Crypto Moves After Earning Over $1 Billion in 2025
President Donald Trump defended his family's $1.4 billion earnings from the crypto industry, stating there was nothing illegal about his involvement. The financial disclosures revealed his significant earnings from ventures like his eponymous meme coin and World Liberty Financial. Despite market downturns, Trump remains a major crypto earner in U.S. politics.
Jul 3

Bitcoin ETFs Snap 2-Week Losing Streak With $222 Million Spike
U.S. spot Bitcoin ETFs saw a significant inflow of $221.7 million, ending a 10-day losing streak. The weak jobs report and Federal Reserve's softer stance contributed to the rebound, with Bitcoin climbing back above $61,000.
Jul 2

Securitize's SECZ Rises in NYSE Debut as Tokenized Shares Launch on Solana, Avalanche
Securitize, a BlackRock-backed tokenization firm, saw an 8% increase in shares during its trading debut on the NYSE, reaching $12.75. The company tokenized $266 million worth of SECZ, making it the largest tokenized stock globally according to the firm.
Jul 2

Japan's SBI Crypto to End Bitcoin Mining Pool Services
SBI Crypto, a subsidiary of SBI Holdings, will cease its Bitcoin mining pool services on July 31 without providing a reason. The firm aims to assist customers in transitioning to other mining pool operators before the closure date.
Jul 2

Bitcoin and Ethereum Rise From Recent Lows as Solana Leads Gains Among Major Coins
Bitcoin, Ethereum, XRP, and other major cryptocurrencies are experiencing gains, with Bitcoin surpassing $62,000 after hitting a 21-month low below $58,000 earlier. Ethereum and Solana are also up nearly 5%, with Solana being the top gainer in the last week.
Jul 2

Etoro Invests $12.5 Million in Crypto Perps Exchange Extended
Etoro is intensifying its focus on DeFi by leading a $12.5 million funding round for Extended, a perpetual futures exchange. This investment complements Etoro's acquisition of Zengo and aligns with its strategy to meet growing demand for DeFi products.
Jul 2

Bitwise Exec Sees Strategy Stock Decline as Part of the Bitcoin Cycle—With a Bottom Potentially Near
Bitwise views the decline in Strategy's perpetual preferred stock as a sign of a maturing crypto cycle, not a crisis. Strategy's decision to allow STRC to trade freely is seen as a response to market conditions, with a cash reserve covering 17 months of payments.
Jul 2

FBI Director Patel's Undisclosed Investment in Strategy Is Down as Much as $110K
FBI Director Kash Patel's undisclosed investment in the Bitcoin treasury firm Strategy last November has resulted in a significant loss of up to $110,000. Patel failed to report the stock purchase within the required 45 days, leading to scrutiny over the investment.
Jul 2

Standard Chartered Offer Direct USDC Minting and Redemption Service for Institutional Clients
Standard Chartered has launched a service for institutional clients to mint and redeem USDC directly through the bank, without needing separate accounts with Circle. This move positions the bank as the first Global Systemically Important Bank licensed to offer such integrated access, aiming to bridge traditional and digital financial ecosystems.
Jul 2

JPMorgan Warns Strategy's Bitcoin Dividend Strategy Could Heighten Market Volatility and Uncertainty
JPMorgan criticized Strategy's decision to use potential Bitcoin sales to fuel preferred stock dividends, warning of increased market uncertainty and volatility. The company's aggressive bitcoin accumulation strategy could impact market liquidity and investor sentiment if it shifts towards selling the digital asset.
Jul 2

Japanese Bitcoin Giant Metaplanet Boosts Stash to $2.65 Billion
Metaplanet added 2,823 Bitcoin in Q2, bringing its total to 43,000 BTC. Despite a $1.5 billion unrealized loss, the firm aims for 100,000 BTC by 2026 and 210,000 by 2027.
Jul 2

Alleged Scattered Spider Hacker Extradited to US for $8 Million Crypto Ransom Demand
Peter Stokes, an alleged member of the hacking group Scattered Spider, has been extradited from Finland to the U.S. to face charges related to an $8 million cryptocurrency ransom demand. The group is known for social engineering tactics and has collected over $100 million in ransoms.
Jul 2

Solana Rolls Out On-Chain Governance With $7.7 Million Staked Minimum for Validators
Solana has implemented a new onchain governance system called Solana Governance Proposals (SGPs), allowing validators with at least 100,000 SOL staked to propose network changes. This system gives more power to delegators, enabling them to override their validator's vote based on their stake.
