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In complete contrast to yesterday’s picture, the crypto market is down today, with nearly all of the top 100 coins per market cap seeing their prices fall over the past 24 hours. At the same time, the cryptocurrency market capitalization has dropped 4.2% to $3.43 trillion. The total crypto trading volume is at $97.3 billion,…

Key Takeaways: Bitcoin holds above $100,000 with strong ETF inflows, ending Q2 with gains over 30%. Ethereum remains below $3,000 but saw its revenue jump 133.7% over three months, outpacing Solana. Solana enters a critical July with key support at $130 and resistance near $160, as experts see potential for $175 or a drop to…

US spot Bitcoin exchange-traded funds (ETFs) have rebounded sharply, recording over $1 billion in net inflows across Wednesday and Thursday after a brief setback on Tuesday that saw $342.2 million in outflows. Key Takeaways: US spot Bitcoin ETFs saw a strong rebound with over $1 billion in net inflows. Fidelity’s FBTC led inflows with $421…

FTX is seeking court approval to dispute claims from 49 restricted jurisdictions, with Chinese users accounting for 82% of the total value, despite constituting only 5% of the allowed claims in these territories. The move creates a new hurdle for creditors in countries where crypto trading is subject to legal restrictions or where FTX lacked…

Binance has unveiled Institutional Loans, a new cross-collateralized credit line offering verified corporate clients up to 4x leverage by borrowing against multiple accounts without the need to consolidate assets. Key Takeaways: Binance Institutional Loans let corporate clients borrow with up to 4x leverage. Borrowed funds are instantly deployed to dedicated margin accounts. Binance supports over…

Chinese tech giants JD[dot]com and Alibaba affiliate Ant Group are pressuring the People’s Bank of China to authorize yuan-based stablecoins. The companies are proposing to launch an offshore yuan in Hong Kong to counter the U.S. dollar’s dominance in digital payments and accelerate the yuan’s internationalization, according to Reuters. The lobbying effort comes as Hong…

Ukrainian President Volodymyr Zelenskyy’s attire at the June 24 NATO meeting in the Netherlands has ignited a battle among bettors on crypto prediction platform Polymarket. Key Takeaways: Zelenskyy’s NATO outfit sparked a $79 million betting dispute on Polymarket over whether it counted as a suit. Opinions are split, with some saying his jacket and pants…

Singapore-based crypto firm Amber International has announced the completion of a $25.5 million private placement to foster its $100 million crypto ecosystem reserve fund. The private placement was priced at $10.45 per share, the company said in a statement on Thursday. The price is based on a 5% discount to the company’s three-day volume-weighted average…

Shares of DeFi Development Corp. surged 17% on Thursday after the company revealed it had acquired $2.7 million worth of Solana as part of its aggressive crypto treasury strategy. Key Takeaways: DeFi Development Corp. shares surged 17% after announcing a $2.7 million Solana purchase. The company’s Solana holdings now total 640,585 SOL, worth roughly $98…

A solo Bitcoin miner has defied extraordinary odds, successfully mining an entire block and earning just under $350,000 in Bitcoin rewards. Key Takeaways: A solo miner beat 1-in-2,800 daily odds to mine a Bitcoin block and earned nearly $350,000. The miner’s modest 2.3 PH/s setup shows small operators can still strike it big despite low…