In crypto news today (July 7), Bitcoin has surged, sitting comfortably above $63,000 and up +0.7% in the past 24 hours. Liquidations have picked up, with over $532M in positions blown up since yesterday, and interestingly, the split is almost 50/50 between longs and shorts. Yesterday saw a second consecutive day of positive ETF flows…
Strategy sold more Bitcoin, but Grayscale believes that the move will “restore confidence in its financing structure” and help BTC “find a more durable bottom.” The Bitcoin treasury company Strategy offloaded 3,588 BTC last week for approximately $216 million. The asset briefly plunged below $61,500 before recovering quickly. While the sale initially drew attention,…
Naver Financial has postponed the completion of its all-stock share swap with Dunamu for a second time, extending the closing date to Dec. 31 as regulatory approvals remain pending. Summary Naver Financial and Dunamu have delayed their planned share swap for a second time, with completion now expected on Dec. 31. The deal remains subject…
The episode highlights Bitcoin’s ability to adapt when economic conditions force significant changes in miner participation. Bitcoin miners sold a record 32,000 BTC in the first quarter of 2026 and signed about $70 billion in contracts to help power AI instead, marking the largest desertion by the group in the network’s history. The exodus…
U.S. President Donald Trump said he became more supportive of crypto partly because of politics, voter interest, and competition with China. Summary President Trump tied his pro-crypto shift to politics, voter demand, and competition with China’s digital assets. He distanced himself from family crypto ventures while defending U.S. leadership in the industry. Recent disclosures keep…
BTC is trading at a two-week high after it reached the $64,000 level in early trading on Tuesday morning. Bitcoin is showing “early signs of stabilization” as the price momentum exits an extreme negative regime, reported analytics firm Swissblock on Tuesday. It added that on-balance volume (OBV) is also starting to support the regime shift…
SpaceX shares have remained under pressure ahead of their Nasdaq-100 debut, even as the upcoming index inclusion is expected to trigger roughly $4.3 billion in passive fund buying. Summary SpaceX joins the Nasdaq-100 on July 7, with JPMorgan estimating about $4.3 billion in passive fund buying. The stock is holding above $155 support while traders…
Crypto-related losses have fallen 46.8% year over year to $1.32 billion during the first half of 2026, but blockchain security firm CertiK has warned that the decline does not indicate a safer digital asset ecosystem. Summary CertiK says crypto losses fell 46.8% to $1.32 billion in H1 2026, but the decline does not mean the…
Traders have become highly active in FIFA World Cup markets, increasing sensitivity to any misleading automated alerts. Coinbase CEO Brian Armstrong has said the exchange is investigating an AI-generated prediction market alert after the platform mistakenly sent users a “breaking news” notification of a supposed Norway 3-2 win against Brazil in the ongoing FIFA…
Belgium’s financial markets regulator has added six crypto platforms to its warning list after finding they are operating in the country without the authorization required under the European Union’s Markets in Crypto-Assets MiCA framework. Summary Belgium’s FSMA has warned consumers against six crypto platforms operating without MiCA authorization, signaling the start of stricter enforcement after…
