Bloomingbit Newsroom

Kaito Launches Global Stock Analysis Service

Kaito has added global stock analysis to its research platform, Kaito Pro. In a post on its official X account on July 11, the company said users can now track more than 3,000 global stocks through Kaito Pro. The platform brings together investor sen

Bitcoin Targets $300,000 by 2029 in Next Cycle, Analysts Say

Bitcoin's next market-cycle peak could come in a range of $300,000 to $500,000, according to a new forecast. CoinDesk reported on July 10 that veteran trader Peter Brandt sees Bitcoin reaching a cycle top between $300,000 and $500,000. Bernstein anal

Coinbase Vice President Says US CLARITY Act Is Near Final Passage

US legislation aimed at bringing the digital-asset industry into the regulatory mainstream is nearing the final stage of the lawmaking process, according to a Coinbase executive. Ryan VanGrack, a vice president at Coinbase, told Bitcoin News on July

Standard Chartered Maintains $100,000 Bitcoin Target for Year-End

Standard Chartered is sticking with its call for Bitcoin to reach $100,000 by the end of 2026, even as the cryptocurrency has recently traded sideways in the $60,000 to $70,000 range. Jeff Kendrick, the bank’s global head of digital assets research,

Japan Policy to Redirect Domestic Capital May Bolster Bitcoin Over Time

Japan's push to steer pension and household funds into domestic assets could increase long-term demand for Bitcoin, CoinDesk reported. CoinDesk said on July 10 that the Japanese government's efforts to raise the share of domestic assets held by the G

Ethereum Surges Past $1,800

Bitcoin Enters Third-Longest Trading Range on Record at 307 Days

Bitcoin has entered its third-longest period of price consolidation on record. CoinDesk reported on July 10 that Glassnode said in a report that Bitcoin was trading at about $64,000 and had spent 307 days in the $60,000 to $70,000 range. That makes i

Japan Finance Minister Says Government Will Pursue Approval of Crypto ETFs

Japan is moving to introduce cryptocurrency exchange-traded funds, Nikkei reported on July 10. Satsuki Katayama, Japan’s finance minister, said in a keynote speech at the Open QUICK 2026 seminar hosted by financial information provider QUICK that the

Bitcoin’s Long-Term Bullish Signal Flashes as $71,147 Break Emerges as Key

A technical indicator pointing to a long-term uptrend in Bitcoin has appeared on the chart. CoinDesk reported on July 10 that Bitcoin’s moving average convergence divergence, or MACD, has recently turned to a buy signal. The indicator is used to gaug

Robinhood Chain Attracts More Than $70 Million of Ether in First Week

Robinhood’s Layer-2 blockchain, Robinhood Chain, attracted a large inflow of Ether in its first week after launch. Cointelegraph reported on July 10 that on-chain data platform Token Terminal estimated more than $70 million worth of Ether was bridged

Can K-Pop Be Tokenized? Industry Calls for STO Rules Tailored to Cultural Content

Cultural and artistic content will need valuation methods and regulatory frameworks that differ from those used for traditional financial assets if it is to be used as underlying assets for security tokens, industry participants said. They argued tha

Farage Resigns Seat, to Run in Clacton By-Election Amid Crypto Disclosure Probe

Nigel Farage, leader of the UK Reform Party, has announced his resignation from Parliament. Bloomberg reported on July 7 that Farage plans to run in a by-election in his Clacton constituency to win back the seat. He described the move as "an opportun

Vanguard Starts Search for Head of Digital Assets

Cointelegraph reported on X on July 7 that Vanguard has started recruiting a head of digital assets.

Wintermute Says Crypto Rebound Is Relief Rally, Bull Market Call Premature

Market maker Wintermute said it is too early to treat the recent rebound in cryptocurrencies as the start of a full-fledged bull market. In a post on X on July 7, Wintermute wrote that risk assets bounced as signs of a slowdown in the U.S. economy, e

XRPL Korea Concludes KFIP 2026 With Demo Day in Seoul

Catalyze, the operator of XRPL Korea, said Tuesday that the Korea Fintech Innovation Program 2026, a digital-asset acceleration program co-hosted with Seoul Fintech Lab, wrapped up with a demo day on June 25 at IFC Two in Seoul's Yeouido district. KF

Coinbase Bitcoin Premium Stays Negative for 50 Straight Trading Days, Longest on Record

Coinbase’s Bitcoin premium index has remained negative for 50 consecutive trading days. ODaily, citing CoinGlass data, reported that the Coinbase Bitcoin premium index has stayed below zero for 50 straight trading days since May 19. That is the longe

Memecoins Lose Steam as Share of Altcoin Market Hits Three-Year Low

Memecoins are rapidly losing their market presence, with their share of the broader altcoin market's total capitalization falling sharply. Darkfost, a CryptoQuant contributor, wrote on X on July 5 that the number of investors holding memecoins has dr

North Korea, Russia, Iran Expand Crypto Use to Evade US Sanctions, Exceeding $100 Billion

More than $100 billion flowed last year into cryptocurrency addresses linked to countries and groups under US sanctions. The Wall Street Journal reported on July 4 that blockchain analytics firm Chainalysis estimated crypto addresses tied to sanction

Crypto Fear & Greed Index Rises to 23, Remains in Extreme Fear

A gauge of investor sentiment in the cryptocurrency market remained in extreme fear territory. According to Alternative on July 5, the Crypto Fear & Greed Index rose 1 point from a day earlier to 23. Even so, it remained in the extreme fear range. As

Binance CEO Says MiCA Needs Consistent Enforcement to Succeed

The European Union's Markets in Crypto-Assets regulation is now fully in force, and Binance Chief Executive Officer Richard Teng said its success will depend less on the rulebook itself than on consistent and predictable enforcement. In a CoinDesk op

UK Crypto Rules Draw Positive Industry Response, but Licensing Hurdles Remain

The UK Financial Conduct Authority has unveiled a new crypto-asset regulatory framework, prompting a range of industry reactions. Market participants welcomed provisions designed to preserve access to global liquidity, while highlighting steep licens

NYT Says 1 Million Trump Memecoin Investors Lost $3.81 Billion

About 1 million investors in a memecoin linked to U.S. President Donald Trump have incurred cumulative losses of $3.81 billion. The New York Times, citing data from crypto analytics firm Nansen, reported on July 4 that about 1 million investors in Tr

Active Bitcoin Traders Face Average 20% Loss, but Cycle Bottom May Not Be In

Bitcoin has fallen below the average cost basis of short-term traders, signaling that the market has entered a broader loss phase. Even so, the current drawdown does not yet suggest this cycle has reached its bottom compared with past bear-market low

German Cooperative, Savings Banks Launch Crypto Trading for Retail Clients

Germany’s cooperative banks and savings banks are rolling out cryptocurrency trading services for retail customers. Bloomberg reported on July 4 that Germany’s cooperative banking group and savings bank group, which together serve tens of millions of

Bitcoin Exchange Inflows Surge, CryptoQuant Warns of Further Volatility

Bitcoin, Ether and altcoin inflows to exchanges have surged simultaneously, heightening the risk of bigger swings in the cryptocurrency market. In a report dated July 3, CryptoQuant Head of Research Julio Moreno said Bitcoin inflows to exchanges reac

[Commentary] Asia’s Dollar-Free Stablecoins Could Reshape the FX Order

Asia’s foreign-exchange market has long underpinned the global financial system. Korean companies settle payments with Chinese suppliers, Japanese trading houses pay partners in Vietnam, and Southeast Asian workers send money home to support their fa

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Bitwise Says Strategy’s Era of Dominating Bitcoin Purchases Is Effectively Over

Bitwise Asset Management said Strategy’s dominance as the leading buyer of Bitcoin has effectively come to an end. Matt Hougan, Bitwise’s chief investment officer, told Cointelegraph on July 3 that Strategy had been the world’s most dominant buyer of

Bitwise CIO Says Investors Should Look Beyond Bitcoin Across Digital Assets

Digital Asset Investment Insight Forum 2026 Matthew Hougan, Chief Investment Officer at Bitwise Bitwise said investors should begin looking beyond Bitcoin and broaden their exposure to a wider range of digital assets. After the launch of spot Bitcoin