Crypto

Robinhood crypto has broadened in the US and EU, rolling out Arbitrum-based stock and ETF tokens, fee-free crypto perpetual futures and staking for EU users, plus Legend chats, tax-lot trading and a Gold card that returns 3% in cash or tokens, marking a shift toward a full multi-asset brokerage. The post “I’m Most Excited About Stock Tokens, As We Can Use Crypto For More Than Trading Assets,” Says Robinhood Crypto GM appeared first on Cryptonews.

Will Bitcoin close the week above $108,000? The odds on the Myriad prediction market have swung dramatically.

The Polkadot ecosystem saw a steep fall in transaction volume in the first half of the year.

Developers can build cross-platform Solana mobile apps with wallet integration, token actions and NFTs in just 15 minutes. Solana now offers a mobile-first developer toolkit with wallet adapters, transaction helpers and templates. Developers can use React Native to build iOS and Android apps simultaneously. Deep-link wallet connections (e.g., Phantom, Backpack) eliminate the need for custom back-end integrations. Read more

The Securities and Exchange Commission (SEC) has approved the proposal to convert the Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF), completing the conversion of the crypto index product into an ETF structure.  According to a July 1 filing, the ETF will issue trust units that track a basket of the five largest […] The post SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading appeared first on CryptoSlate.

The product will become the largest multi-token digital asset ETF in the world.

Chief economist Li Xunlei has written that a yuan-pegged stablecoin strategy could narrow the gap between China’s economic weight and the currency’s global usage. He has proposed pilot programs in free-trade zones and Belt and Road nations, backed by clear reserve rules and PBOC oversight. The post Dollar-Pegged Tokens Beat Yuan 80:1 – Can China’s Stablecoin Strategy Close Gap? appeared first on Cryptonews.

XRP trades in a tight range between $2 and $2.35, but the next price breakout could be driven by ETF speculators. Key points: XRP struggles to break above the $2.35 resistance, pointing to a lack of demand at higher levels. Rising odds of an XRP ETF approval could catalyze the next leg of an XRP rally. Read more

Altcoins also posted losses Tuesday as profit-taking and weakness in tech stocks dragged crypto markets lower.

Crypto industry leaders had raced to include provisions in the bill that would have offered crypto miners and retail users key tax benefits—but the clock ran out.

Wyoming Senator Cynthia Lummis had proposed that the legislation address double taxation for cryptocurrency miners and stakers. Republicans in the US Senate narrowly passed a budget reconciliation bill strongly pushed by President Donald Trump and heavily criticized by many members of both parties for concerns about healthcare cuts, artificial intelligence regulation and redistribution of wealth through tax cuts. In a 50-50 vote on Tuesday after more than 24 hours in session, the Senate passed the “One Big Beautiful Bill Act” with Vice President JD Vance acting as the tiebreaker. All Democrats in the chamber and three Republicans voted against the legislation, with many proposing amendments to address concerns around AI regulation and funding to rural hospitals. Amid debate on the bill, Wyoming Senator Cynthia Lummis suggested she would add a provision to address what she called “unfair tax treatment” of cryptocurrency miners and stakers. However, her proposed changes to the bill did not appear in amendments ...

XRP, DOGE lead majors with positive funding rates. BTC & ETH ETFs extend inflows streak. RexShares SOL staking ETF to go live Wednesday. SEC delays staking for Bitwise ETH ETF. Robinhood intros staking, tokenised stocks, L2 chain. Robinhood stock hits ATH on announcements. Raydium, XStocks launch tokenised stocks trading. Jupiter allows swap of SOL memecoins to stocks. ByBit, Backed collab for tokenised stocks, ETF. Centrifuge to launch tokenised S&P 500 index. Lummis calls for end to unfair taxes on crypto. Stablecoin bill could be finalised by mid-July. Connecticut bans creation of state BTC reserve. Strategy buys $532m BTC. Bitmine to turn into Strategy of ETH, stock up 7x. Circle applies for National Trust Bank license in US. Baer now Head of Product at X, also SOL advisor. Katana launches L2 after $200m deposits.

Michael Saylor's tech company is expected to post over $13 billion in unrealized gains from its Bitcoin holdings in the second quarter of 2025. Strategy, the world’s largest corporate holder of Bitcoin, is expected to post mixed financials for the second quarter of 2025. According to a Bloomberg analysis on Tuesday, the company is projected to report more than $13 billion in unrealized gains for 2Q 2025, driven by its massive crypto holdings. In stark contrast, its core software business is forecast to generate just $112.8 million in revenue, reflecting a widening gap between its digital asset exposure and operational performance. Data from Bitcoin Treasuries shows that Strategy held 528,185 Bitcoin (BTC) as of Mar. 31, worth over $43.5 billion at the time. The company's holdings stood at $56.3 billion Monday, resulting in an unrealized gain of $12.8 billion during the past three months. Read more

Strategy (formerly MicroStrategy), the largest public holder of Bitcoin, is again making headlines—this time for potentially qualifying for inclusion in the prestigious S&P 500 index. On July 1, Jeff Walton, founder of MSTR True North, revealed that the company will likely report an $11 billion net income for the just-concluded second quarter of the year. […] The post Bitcoin powerhouse Strategy nears S&P 500 inclusion as net income soars appeared first on CryptoSlate.

James suggested Congress require stablecoin issuers to use “digital identity technology” in all stablecoin purchases and transactions in order to protect national security.

Bitcoin exchange reserves drop to a seven-year low, signaling a potential supply shock as institutional buying from ETFs continues. Key takeaways: Bitcoin’s percent supply on exchanges has dropped below 15% for the first time since 2018. Depleting exchange supply and OTC balances, pointing to “supply shock” and long-term accumulation. Read more

Betting on a coin flip isn’t bad odds when you’ve spent all day in the meme coin trenches—plus Token Yugijo gives you an AI-powered pal.

Bitcoin Cash hits 7-month high at $519, up 29% monthly on whale buying spree, but momentum may be cooling as big player activity drops 90%.

The XRP price has inched up to $2.21 today, but has its chart moved into a position where it could enjoy a huge breakout soon? The post XRP Price Prediction – Closing Above $2.30 Could Trigger the Next XRP Supercycle appeared first on Cryptonews.

Pi price turned bearish after key updates failed to boost momentum. A rebound from $0.47 is possible, but $0.66 remains a strong resistance level to clear. Key points: The recent announcement of two major features has failed to arrest the fall in PI price, but a bounce could start from $0.47. Pi (PI) announced the release of two major features on Friday, but the news has failed to ignite the markets.  Read more