In Bitcoin ETF news today, nearly $5Bn exited US-listed spot Bitcoin ETF products in Q2 2026, a record quarterly bleed, while the $2 trillion private credit market absorbed $15.6Bn in redemption requests that overwhelmed standard quarterly caps. The numbers look different on the surface, but they are telling the same story: investors across structurally unrelated…
Will there be more volatility today prompted by the expiry event? The end of another week has arrived, which brings another Bitcoin and Ethereum options expiry event as spot markets remain sideways. Around 23,400 Bitcoin options contracts will expire on Friday, July 10, with a notional value of roughly $1.4 billion. This one is…
North Carolina has become the first U.S. state to explicitly recognize the CFTC’s authority over prediction markets while setting a 6% state tax on their trading fee revenue. Summary North Carolina has recognized the CFTC’s authority over prediction markets while approving a 6% tax on platform trading fee revenue. The new law allows federally registered…
Hyperliquid Policy Center and Phantom have urged the U.S. Commodity Futures Trading Commission to update its rulebook for onchain trading, arguing that existing regulations built for traditional financial markets do not fit decentralized infrastructure. Summary Hyperliquid Policy Center and Phantom have asked the CFTC to create rules tailored for onchain trading instead of applying legacy…
AscendEX says withdrawals will be handled manually, with no guarantees on processing times or payment amounts. AscendEX said it stopped operating on July 1 after the MiCA transition period ended. Following its exit, ZachXBT warned the public about the platform’s liquidity, alleging that it wouldn’t be able to process customer withdrawals. ZachXBT Raises Fresh…
Bitcoin has climbed back above $63,000, gaining about 2% over the past 24 hours, as lower oil prices and softer U.S. bond yields have improved sentiment toward risk assets despite the crypto market remaining in extreme fear. Summary Bitcoin has climbed above $63,000 as easing oil prices and lower Treasury yields lifted risk appetite. The…
Rising spot activity alongside falling leverage suggests long-term buyers may be replacing speculative traders. Ethereum (ETH) is trading at nearly 65% below its all-time high, with attention around the asset at an almost yearly low, even as its largest network upgrade since The Merge is due within weeks. But an analyst tracking the setup…
Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. Summary Bitdeer will invest $36 million in a Nevada factory to produce SEALMINER Bitcoin mining machines. The new Sparks facility is expected to begin commercial production by the end of 2026. Bitdeer…
Paul Grewal has announced that he will step down as Coinbase’s chief legal officer on July 31, handing over leadership of the exchange’s legal team just days before the US Senate is expected to resume work on the CLARITY Act. Summary Paul Grewal will leave his role as Coinbase chief legal officer on July 31…
CME Group has faced a regulatory setback after the U.S. Commodity Futures Trading Commission delayed the immediate launch of its planned 24/7 crude oil futures trading. Summary The CFTC has delayed CME Group’s planned 24/7 crude oil futures launch pending further regulatory review. Regulators said CME’s self-certified filing requires additional examination due to legal and…
