Bitcoin traders face a crucial test as $63,000 remains the barrier bulls must overcome before further upside. Bitcoin stayed under pressure this week after the United States and Iran exchanged air strikes. Market sentiment worsened further after President Donald Trump said the memorandum of understanding and the ceasefire with Iran “is over.” The uncertainty…
AscendEX has shut down operations after citing regulatory requirements under the European Union’s MiCA framework and mounting financial difficulties, while warning that some customers may not recover their full crypto balances. Summary AscendEX has shut down operations, citing MiCA compliance requirements and financial difficulties. The exchange warned users that withdrawals will be reviewed manually and…
Ethereum advocates are confident that the fundamentals are bullish, but investors in the asset remain extremely bearish. “The Summer of Ethereum Love is gaining steam,” said co-founder Joseph Lubin on Wednesday. The Consensys exec said this was due to credibly neutral steward organizations like Ethlabs launching to accelerate ETH’s capabilities through parallel efforts beyond…
Kraken leads MiCA-regulated crypto exchanges in liquidity, according to DefiLlama’s MiCA exchange dashboard. The data cited by Wu Blockchain showed Kraken with $399.71 million in spot liquidity and $206.90 million in perpetual liquidity, placing it first in both categories. Summary Kraken leads MiCA exchanges in liquidity, giving larger traders deeper order books across regulated European…
One of the major drivers of this underperformance is the low liquidity despite thousands of coins being created and added to the market daily. The bear cycle is heavily affecting altcoins as expected. With bitcoin (BTC) struggling to remain above $60,000, this group of cryptocurrencies is having it worse. A report from the market…
More than $500 billion has been wiped from U.S. stock markets after President Donald Trump declared the U.S.-Iran ceasefire effectively over and warned that Washington could launch fresh military action against Iran. Summary Donald Trump declared the U.S.-Iran ceasefire over and warned fresh military action against Iran could follow. More than $500 billion was erased…
Circle stock has remained under pressure ahead of the July 18 deadline for U.S. regulators to publish implementation rules for the GENIUS Act, while technical indicators continue to point to downside risks for CRCL shares. Summary U.S. regulators must publish GENIUS Act implementation rules by July 18, putting Circle and stablecoin issuers in focus. CRCL…
A proposed safe harbor could give early crypto projects more flexibility while building tokenized products. The US Securities and Exchange Commission (SEC) has launched its 2026 Regulatory Agenda. Meant to ease compliance rules for crypto companies and offer regulatory safeguards for transactions on the blockchain, the agenda includes 38 proposed rules, with key initiatives…
The Federal Reserve has warned that strong artificial intelligence-related demand could keep inflation elevated, while market pricing for a U.S. interest rate hike this year has climbed above 59%. Summary Fed minutes identified AI demand, tariffs, and Middle East tensions as potential drivers of persistent inflation. Most Fed officials said higher rates may be needed…
Hoskinson argues Cardano’s years of research deserve recognition as Ethereum explores similar technical approaches. Charles Hoskinson has accused Ethereum of adopting ideas pioneered by Cardano without acknowledgment. The Cardano co-founder made the claim following a proposal by Ethereum researcher Toni Wahrstätter to bring native UTXOs to the network as a way of cutting long-term…
