Bloomingbit Newsroom

Oil Falls for Third Day as Hormuz Flows Recover, US-Iran Talks Progress

Oil fell for a third straight session as traffic through the Strait of Hormuz recovered and optimism grew over progress in US-Iran talks. On July 1, Bloomberg reported that West Texas Intermediate traded near $68 a barrel, while Brent settled below $

‘47 Ronin’ Director Gets 30 Months for Diverting Netflix’s $11 Million Into Dogecoin

A Hollywood director who diverted $11 million in Netflix production funding into cryptocurrency bets and luxury purchases was sentenced to 30 months in prison. Cointelegraph reported July 1 that a federal court in Manhattan sentenced Carl Rinsch, who

Gold Holds Near $4,000 as Traders Track US-Iran Talks, Economic Data

Gold traded in a narrow range as investors monitored US-Iran peace talks and US economic data. BTC Spot gold traded near $4,000 an ounce on July 30, according to Bloomberg. The metal steadied after dropping about 2% over the previous two sessions. En

Ether Falls 25.2% in Second Quarter, Posts First Three-Quarter Losing Streak

Ether fell 25.2% in the second quarter of 2026, marking the first time it has posted negative returns for three consecutive quarters. BlockBeats, citing CryptoRank data on July 30, reported the decline. It was the first time in Ether's history that i

Ethereum Falls 25.2% in Second Quarter, Posts First Three-Quarter Losing Streak

Ethereum fell 25.2% in the second quarter of 2026, marking the first time it has posted negative returns for three straight quarters. Crypto-focused media outlet BlockBeats reported on July 30, citing CryptoRank data, that Ethereum logged the quarter

Ether Drops 25.2% in Second Quarter, Logs First Three-Quarter Losing Streak

Ether fell 25.2% in the second quarter of 2026, marking the first time it has posted negative returns for three straight quarters. BlockBeats reported on July 30, citing CryptoRank data, that Ether posted a 25.2% loss in the second quarter. The decli

Ethereum Layer-2 Network Taiko Says Network Back Online

Taiko, an Ethereum layer-2 network, said it has brought its network back online. In a post on X on June 30, Taiko said it was back online and that no one had lost funds. Taiko said it had completed steps two and three of the recovery process it had o

Taiko Says Ethereum Layer-2 Network Is Back Online

Taiko, an Ethereum layer-2 network, said it has brought its network back online. In a post on X on June 30, the project said it was back online and that no funds had been lost. Taiko said it had completed steps two and three of its previously announc

Ethereum Layer-2 Network Taiko Says Network Is Back Online

Taiko, an Ethereum layer-2 network, said it has brought its network back online. In a post on X on June 30, Taiko said it was back online and that no one had lost funds. The project said it had completed steps two and three of the recovery process it

Hankyung News Test

Hankyung News Test Hankyung News Test Hankyung News Test Hankyung News Test Hankyung News Test Hankyung News Test Hankyung News Test Hankyung News Test Hankyung News Test Hankyung News Test Hankyung News Test Hankyung News Test Hankyung News Test Han

Strategy’s STRC Mechanism Has Effectively Failed, Dividend Cut Needed, Farside Says

The price-stability mechanism for STRC, the perpetual preferred stock issued by Strategy, has effectively stopped working, according to Farside Investors, which said the company may need to address the problem through buybacks and other measures. Far

GraniteShares Files for First US Leveraged, Inverse ETFs Linked to SK Hynix

US asset managers are stepping up their focus on SK Hynix after the South Korean chipmaker recently surpassed Samsung Electronics to become the country’s most valuable company by market capitalization. The first US leveraged exchange-traded funds tie

Anti-Trafficking Group Urges Changes to CLARITY Act Over Developer Liability Concerns

An anti-trafficking group is urging changes to the CLARITY Act, arguing the bill could weaken developers' legal liability. CoinDesk reported on June 27 that Katie Boller Gosewisch, executive director of the Alliance to End Human Trafficking, raised c

Bitcoin Falls Below 200-Week SMA, Seen as Long-Term Buying Opportunity

Bitcoin (BTC) has fallen below its 200-week simple moving average, a move one analyst says should be viewed as a long-term buying opportunity. On June 27, cryptocurrency analyst Ali Martinez wrote on X, formerly Twitter, that Bitcoin rarely trades be

Wallet Linked to Vitalik Buterin Transfers $11 Million of Ether

A wallet believed to be linked to Ethereum co-founder Vitalik Buterin transferred a large amount of Ether to another wallet. Onchain Lens wrote on X on June 27 that 7,000 Ether had been moved from a wallet address believed to be associated with Buter

Humanity Protocol, Kelp DAO Hacks May Be Work of Same Attacker

New evidence suggests the recent hacks of Humanity Protocol (H) and Kelp DAO may have been carried out by the same attacker. Odaily reported on June 27 that on-chain sleuth ZachXBT said funds stolen from Humanity Protocol and Kelp DAO converged into

Strategy Shaken as STRC Stays Below Par, Stirring Fears of Another Four-Year Crypto Crash

STRC remains below its $100 par value Warnings mount over cash-flow risk Some say comparisons with Terra are overblown A prolonged Bitcoin bear market is deepening concern over Strategy, the world’s largest corporate holder of the cryptocurrency. Som

June 25 Economic Calendar: US Jobless Claims, Durable Goods, GDP and PCE Due; Plasma Token Unlock, LidoDAO Call Set

Today's Key Economic Events June 25 (Thursday): US weekly initial jobless claims, US May durable goods orders, the final third estimate of first-quarter US GDP growth, and US May personal consumption expenditures and the PCE price index are due at 9:

QCP Says Crypto to Stay Range-Bound for Now as Strategy Buying Helps Bitcoin

The crypto market is set to remain range-bound for the time being, QCP Capital said in a market analysis. Odaily reported on June 23 that QCP attributed Bitcoin’s recent rebound above $65,000 to additional purchases by Strategy. The company bought 52

QCP Says Crypto May Stay Range-Bound as Strategy Buying Helps Bitcoin Reclaim $65,000

QCP Capital said the cryptocurrency market is likely to remain range-bound for now. In a market report cited by Odaily on June 23, the firm said Bitcoin’s recent move back above $65,000 was driven by additional purchases from Strategy. The company bo

News Test

This is a test.

US Spot-Bitcoin ETFs See $68.19 Million in Net Outflows

US spot-Bitcoin exchange-traded funds extended their net outflow streak. Data from Trader T showed the 12 US spot-Bitcoin ETFs posted combined net outflows of $68.19 million on June 22. BlackRock’s IBIT led the declines, with $171.98 million leaving

Grayscale Says Bitcoin Could Catch Up With US Stocks if Fed Skips Another Rate Hike

Bitcoin has lagged behind US stocks amid concern that the Federal Reserve may raise interest rates again, but the cryptocurrency could extend its advance if policymakers refrain from further tightening, Grayscale said. Jack Pandl, Grayscale's head of

OKX, ICE Plan US Joint Venture to Connect Tokenized Stocks With Digital-Asset Markets

Global crypto exchange OKX and Intercontinental Exchange Inc., the operator of the New York Stock Exchange, plan to form a joint venture focused on tokenized financial products and digital-asset markets. OKX said June 22 that the two companies aim to

Bitcoin Futures Leverage Resets as Open Interest Drops Nearly 20%

Bitcoin posted a double-digit correction in June as heavy leverage in the futures market was unwound. On June 23, CryptoQuant contributor Woo Min-kyu wrote that Bitcoin’s recent pullback was closer to a reset in futures leverage than a fresh buildup

US Senate Passes Bill Blocking Fed From Issuing CBDC

The US Senate has passed a bill containing a provision that would bar the Federal Reserve from issuing a central bank digital currency, or CBDC. CoinDesk reported on June 23 that the Senate approved the ROAD to Housing Act on June 22 by an 85-5 vote.

Solana Treasury Firm Solmate Sued by Top Outside Shareholder Over Self-Dealing Claims

Solana digital-asset treasury firm Solmate Infrastructure has been sued by its largest outside shareholder, which is targeting the company’s board and management. Odaily reported on June 23 that RBCH filed a lawsuit in New York State Supreme Court ag

Rick Edelman Says Institutional Adoption, Asset Tokenization Are Key Crypto Growth Drivers

Institutional participation and the expansion of asset tokenization are the main growth drivers for digital assets, Rick Edelman, founder of the Digital Assets Council of Financial Professionals, said. CoinDesk reported on June 23 that Edelman said i

BICO Jumps More Than 90% in 24 Hours as Biconomy Listing News Spurs Buying

BICO jumped more than 90% over the past 24 hours as buying accelerated on news surrounding a new listing at Biconomy exchange. Data from global cryptocurrency exchange Binance on June 21 showed BICO had risen more than 90% in the previous 24 hours. T

South Korea Manufacturing Outlook Loses Momentum; Chips Bright, Chemicals and Steel Dim

Optimism over an improvement in South Korea’s manufacturing sector has weakened. Industry experts still expect the semiconductor business to improve next month, but remain gloomy on chemicals and steel. The Korea Institute for Industrial Economics &