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Citigroup has sharply cut its 12-month price targets for Bitcoin and Ether. Reuters reported on July 30 that Citi lowered its 12-month Bitcoin target to $82,000 from $112,000 in a report released that day. It also cut its 12-month Ether target to $2,
Binance said assets under management for its stock products have surpassed $1 billion. BlockBeats reported on July 1 that Binance announced the products crossed the $1 billion mark that day. The exchange said the milestone reflects rising demand from
Global cryptocurrency exchange Bitget has completed dividend payments to investors holding its tokenized stock products. BlockBeats reported on July 1 that Bitget paid dividends that day on 20 U.S. stocks and exchange-traded funds, including rNVDA, r
Russia will ban cryptocurrency mining in some areas, including parts of Moscow and the Kursk region, starting next month. BlockBeats reported on June 26 that Russia’s Energy Ministry had prepared a draft government resolution laying out the measure.
The US and Iran will hold their next follow-up talks on a post-truce memorandum of understanding on June 28. BlockBeats and other outlets reported on June 26 that the two sides plan to continue the talks over two days, from June 28 to June 29. The tw
Polymarket, a global prediction-market platform, has seen its daily trading volume top $200 million. BlockBeats reported on June 26 that Polymarket's daily volume surpassed $200 million that day. That was nearly four times higher than about $50 milli
Strategy’s perpetual preferred stock fell further into the low $70s, setting a record low as Bitcoin weakened. Odaily reported that Stretch traded at $73 in premarket trading on June 26. It is the lowest level since Strategy issued the security in Ju
SharpLink, an Ethereum-based digital asset treasury company, has resumed buying Ether after an eight-month hiatus. Cointelegraph reported on June 26, citing data from on-chain analytics firm Arkham, that a wallet linked to SharpLink received about 5,
Bitcoin briefly fell below $61,000, with some market watchers saying the cryptocurrency could slide to as low as $55,000 in the current downturn. According to CoinMarketCap data on June 24, Bitcoin dropped below $61,000 at one point during the day. A
SBI Holdings has launched a yen-denominated stablecoin. BlockBeats reported on June 24 that SBI had issued the yen stablecoin JPYSC. Reserve assets will be managed by an SBI-affiliated trust bank, while distribution and circulation will be handled by
Zenith, an Ethereum Virtual Machine-compatible project built on the Canton Network, is deepening collaboration with major Japanese banks on the tokenization of Japanese government bonds, or JGBs. The company said June 24 that it had joined the Tokeni
The US and Iran will resume technical talks next week as part of follow-up negotiations under their ceasefire memorandum of understanding. BlockBeats and other outlets reported on June 24 that the Pakistani government announced the talks would restar
The Solana Policy Institute, a think tank focused on the Solana blockchain, said debate over the Digital Asset Market Structure Act, known as the Clarity Act, could begin in earnest next month. Miller Whitehouse-Levine, chief executive officer of the
Ahn Do-geol, a lawmaker from South Korea's Democratic Party, called for a swift push to institutionalize digital assets, saying the National Assembly should accelerate work on the Digital Asset Basic Act now pending in parliament. Speaking at a semin
Wealthsimple, the Canadian online financial services platform, is expanding into prediction markets. The company said June 18 that it plans to launch a new prediction-market service in Canada through a partnership with Kalshi, according to BlockBeats
Mexican billionaire Ricardo Salinas Pliego says Bitcoin is a better long-term investment than real estate. In a June 17 interview with CoinDesk, Salinas said 70% of his investment portfolio is in Bitcoin. Salinas heads Mexican conglomerate Grupo Elek
A resolution opposing federal clemency for FTX founder Sam Bankman-Fried has been introduced in the U.S. Senate. Decrypt reported on June 17 that Democratic Senator Ruben Gallego and Republican Senator Cynthia Lummis introduced the measure, which opp
Singapore-based stablecoin issuer StraitsX is adding Samsung Pay support to its card issuance infrastructure. StraitsX announced on its official X account on June 17 that issuers can now offer Samsung Wallet provisioning alongside Apple Pay and Googl
Crypto market maker Wintermute said Bitcoin has not yet found a bottom. BlockBeats reported on June 17 that Wintermute said in a recent weekly report that risk appetite had recovered amid factors including a ceasefire between the US and Iran. The fir
The US House and Senate have agreed to advance an amendment to a housing bill that would bar the issuance of a central bank digital currency, or CBDC. Cointelegraph and other outlets reported on June 16 that House and Senate leaders reached agreement
Poland’s adoption of the European Union’s cryptocurrency rules has been delayed again. Cointelegraph reported on June 12 that Polish President Karol Nawrocki vetoed a cryptocurrency regulation bill on June 11. The legislation would have incorporated
Israel is opposing any US move to lift sanctions on Iran, according to CNN. Citing sources, CNN reported on June 12 that Israel is pressuring Washington to block the release of frozen Iranian assets as part of a ceasefire agreement. Israeli Prime Min
A signing ceremony for a memorandum of understanding ending the war between the US and Iran will most likely be held in Switzerland, CNN reported. CNN reported on June 12, citing multiple sources, that Geneva is the leading candidate to host the sign
Japan’s largest corporate Bitcoin holder, Metaplanet, is buying a domestic brokerage. Metaplanet said on its official X account on June 12 that it had signed an agreement to acquire a 100% stake in Siiibo Securities. Chief Executive Officer Simon Ger
Expectations for Elon Musk's SpaceX to go public are gaining traction again in the crypto derivatives market. CoinDesk reported on June 12 that SPCX, a SpaceX perpetual futures contract listed on Hyperliquid, traded between $176 and $183. SPCX had fa
Solana-based trading terminal ShotgunFun has launched a new service that returns trading fees to users. ShotgunFun said June 11 that it had rolled out a trading terminal offering cashback of up to 100% on trading fees. Cashback starts at 50% and incr
Mastercard has launched a new service to support automated payments between artificial intelligence agents. The global payments company said June 10 it is rolling out a new AI agent payments network called Agent Pay for Machines, or AP4M. The service