SBI-Backed Crypto Market Maker B2C2 Held Sale Talks With Multiple Buyers

B2C2, the cryptocurrency market maker 90% owned by Japan’s SBI Holdings Inc., has held sale talks with multiple potential acquirers, CoinDesk reported. The crypto-focused media outlet said July 24, citing five people familiar with the matter, that B2

Bitcoin Realized Losses Top 2022 Peak by 19%, but Selling Pressure Has Eased

Bitcoin’s realized losses climbed to a record in February, but loss-driven selling pressure has since dropped by more than half, according to an analysis from on-chain analyst Axel Adler Jr. In a newsletter published on July 24, Adler wrote that the

Ethereum May Reclaim $2,060 if $1,850 Support Holds

Ethereum rebounded after testing the lower boundary of its price channel, with the $1,850 support level seen as critical for further gains. On July 24, on-chain analyst Ali Martinez wrote on X that Ethereum had bounced after testing the bottom of the

Bitcoin Holds Near $65,000 Despite AI Stock Selloff as Tech Correlation Eases

Bitcoin remained relatively steady near $65,000 even as artificial intelligence-linked stocks slid in the US market. Crypto-focused media outlet Odaily reported on July 24 that Bitcoin held near the $65,000 level despite heavy selling in US AI shares

Morpho Launches Fixed-Rate, Fixed-Term Lending Protocol Midnight on Base

Morpho, a decentralized finance lending protocol, has launched Midnight, a fixed-rate, fixed-term lending protocol, on the Base network. The Block reported on July 21 that Morpho formally launched Midnight on Base after unveiling the product in May.

Bessent Says US Froze $130 Million in Crypto Wallets Linked to Iran's IRGC

U.S. Treasury Secretary Scott Bessent said the U.S. had frozen cryptocurrency wallets worth $130 million that were linked to Iran's Islamic Revolutionary Guard Corps, or IRGC. Walter Bloomberg, a financial-market news account, reported in a post on X

Spot Silver Jumps 5% Intraday; Gold Gains More Than 1%

Spot silver jumped 5% intraday, while spot gold rose more than 1%, signaling broad strength in the precious-metals market. Odaily, a cryptocurrency news outlet, reported on July 21 that spot silver had climbed 5% during the session to trade at $59.23

CoinShares Launches Bitcoin Mining ETF Aimed at European Institutions

CoinShares is expanding its range of digital-asset investment products for institutional investors in Europe. The Block wrote on X on July 21 that CoinShares is moving into Europe’s $30 trillion investment ecosystem through a new platform and the lau

Iran Says Talks With US Are Possible if They Serve National Interests

Iran's Foreign Ministry said negotiations with the US remain possible. BlockBeats reported on July 20 that a Foreign Ministry spokesperson said talks with Washington could move forward if they serve Iran's national interests. The comments came as mil

South Korea’s Ruling Party, Regulators Accelerate Digital Asset Law Talks on Won Stablecoins

South Korea’s government and ruling party agreed to speed up discussions on a Digital Asset Framework Act related to won-denominated stablecoins. Edaily reported on July 20 that the Democratic Party held a closed-door briefing that morning at the Nat

Robinhood Chain Climbs to No. 2 in Developer Activity Behind Ethereum

Robinhood Chain rose to second place in developer activity among public blockchains. Crypto media outlet Odaily reported on July 17 that Robinhood Chain ranked second among all public blockchains, behind only Ethereum. Base ranked third, followed by

US Spot-Bitcoin ETFs Add $79.15 Million, Marking Third Straight Day of Inflows

US spot-Bitcoin exchange-traded funds recorded net inflows for a third consecutive trading day. Data from on-chain analytics platform SoSoValue showed that US spot-Bitcoin ETFs posted combined net inflows of $79.15 million a day earlier. BlackRock's

Iran Military Claims Drone Attack on US Troop, Logistics Hub in Kuwait

Iran's military claimed it carried out a drone attack on a US troop deployment site and a rear logistics hub in Kuwait. Odaily, a cryptocurrency-focused media outlet, reported on July 17 that Iran's military said it had used drones to strike US troop

Warsh Says Tamer Inflation Would Cut Long-Term Yields, Mortgage Rates

Kevin Warsh, identified in the report as chair of the Federal Reserve, said reining in inflation is critical because stable prices could help bring down long-term Treasury yields and mortgage rates. Walter Bloomberg reported on July 14 that Warsh sai

Bitcoin Briefly Tops $63,000; Kimchi Premium at -1.12%

US Government Transfers $288 Million of Seized Bitcoin, Ether to Coinbase Prime

The US government transferred about $288 million of seized Bitcoin and Ether to Coinbase Prime, according to on-chain data. Decrypt reported on July 14, citing blockchain analytics firm Arkham, that the US government moved the assets to Coinbase Prim

Solana Leads 24-Hour DEX Volume With $4.15 Billion

Solana posted the highest 24-hour decentralized exchange, or DEX, trading volume among blockchain networks. Cointelegraph wrote in a post on X on July 14 that Solana ranked first with $4.15 billion in 24-hour DEX volume. A DEX is trading infrastructu

DTCC to Demonstrate Blockchain-Based Real-Time Stock Settlement on July 15

The Depository Trust & Clearing Corp. will demonstrate a blockchain-based process for settling stock trades in real time, a test case for whether traditional financial institutions can move clearing, settlement and record-keeping functions onto on-ch

Strive Buys 18 More Bitcoin at Average Price of $64,028

Strive has bought 18 additional Bitcoin. Matt Cole, the company’s chairman and chief executive officer, wrote on X on July 13 that Strive spent about $1.2 million last week on the purchase. The average purchase price was about $64,028 per Bitcoin. A

Bitcoin Open Interest Drops 12% in 24 Hours as Traders Turn Risk-Averse

Bitcoin's derivatives market is showing a pullback in leverage rather than a buildup in fresh short positions as the cryptocurrency weakens, according to an analysis. On July 13, on-chain analyst Axel Adler Jr. wrote in a newsletter that Bitcoin open

FTX Creditors May Receive Another $600 Million Distribution on July 31

Bankrupt cryptocurrency exchange FTX is poised to make another distribution to creditors later this month. Odaily reported on July 13 that Sunil, a representative of FTX creditors, wrote on X that the next payout is expected on July 31 and will total

Iran Says It Won’t Honor MOU Obligations Until US Meets Commitments

Iran’s Foreign Ministry said it will not fulfill its obligations under a memorandum of understanding with the US unless Washington first honors its own commitments. Crypto-focused media outlet BlockBeats reported on July 13 that a spokesperson for th

Stablecoin Market Cap Down $10 Billion From May Peak, Long-Term Growth Seen Intact

The stablecoin market has shed about $10 billion since its peak in May. Even so, the decline is not severe enough to derail the sector’s long-term growth trend, according to market participants. CoinDesk reported on July 13 that total stablecoin mark

Weekly Economic, Crypto Calendar: US June CPI Leads the Week

<Major economic events this week> ▶ July 13 (Mon.): △ Federal Reserve Vice Chair for Supervision Michelle Bowman speaks (6:25 p.m. Korea time) △ Federal Reserve Governor Christopher Waller speaks (1:30 a.m. Korea time on July 14) ▶ July 14 (Tue.): △

Eric Trump Says Ether Is Rising Strongly, Calls Crypto the Future

Eric Trump voiced a bullish view on cryptocurrencies, highlighting Ether's strength against Bitcoin. On July 12, Trump wrote on X, formerly known as Twitter, that "Ethereum is going up strongly. Great to see." He added that "crypto is the future." Tr

Iran Reportedly Launches Series of Strikes on US Targets in Middle East

Iran has reportedly launched a series of strikes on US targets in the Middle East. BlockBeats, a cryptocurrency-focused media outlet, reported on July 12, citing Xinhua, that Iranian media said Tehran had carried out a string of attacks on US targets

Robinhood Chain Overtakes Solana in Daily DEX Trading Volume

Robinhood Chain's daily decentralized exchange, or DEX, trading volume has surpassed Solana's. Crypto media outlet Odaily reported on July 12 that Robinhood Chain overtook Solana in daily DEX trading volume. A DEX is trading infrastructure that allow

Iran Revolutionary Guard Says Strait of Hormuz Closed Indefinitely, Fires Warning Shots at Vessel

Iran’s Islamic Revolutionary Guard Corps Navy said it has closed the Strait of Hormuz until further notice. Walter Bloomberg, a fast-news financial account, reported on July 12 that the IRGC Navy announced that “the Strait of Hormuz is closed until f

Trump Says Bitcoin Could Be Included in ‘Trump Accounts’

President Donald Trump said Bitcoin could potentially be included in so-called Trump Accounts. BlockBeats, citing Reuters, reported on July 6 that Trump answered “possibly” when asked whether Bitcoin could be part of the accounts. Trump Accounts are

Strategy Shares Fall More Than 4% in Premarket After Bitcoin Sale

Strategy shares fell more than 4% in premarket trading after the company disclosed a partial sale of its Bitcoin holdings and a sizable digital-asset loss for the second quarter. Cryptocurrency-focused outlet Odaily reported on July 6 that the stock