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Republicans are still planning to pass three pieces of crypto-related legislation, but a majority of members in the House voted against a resolution to consider the bills. Cryptocurrency-related bills backed by US President Donald Trump failed to clear a key procedural step in the House of Representatives on Tuesday, despite the president’s public push for action. Trump had urged Republican lawmakers to “get the first vote done this afternoon” on legislation to regulate payment stablecoins as part of a larger effort to pass crypto legislation before the August recess. In a Tuesday post on his social media platform Truth Social, Trump ordered all Republicans to vote yes on the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, a bill designed to regulate payment stablecoins in the US. Read more
Kraken Derivatives US launched after the exchange’s acquisition of futures platform NinjaTrader earlier this year. Crypto exchange Kraken has launched a derivatives platform for US traders, offering access to CME-listed cryptocurrency futures and expanding the availability of institutional-grade trading tools. On Tuesday, the exchange announced the launch of Kraken Derivatives US, providing access to futures contracts via the Kraken Pro platform. The move expands Kraken’s product suite by expanding futures trading alongside its existing spot market offerings. According to Kraken Pro, access to Kraken Derivatives US has been rolled out initially in Vermont, West Virginia, North Dakota, Mississippi and Washington, D.C. Read more
New Zealander Julia DeLuney is accused of murdering her mother, Helen Gregory, after allegedly stealing tens of thousands of dollars in hidden cash to invest in cryptocurrency. New Zealander Julia DeLuney is accused of having murdered her 79-year-old mother, Helen Gregory, after funneling her money into crypto. According to a Tuesday report by Radio New Zealand, 53-year-old DeLuney is accused of killing her mother after stealing the money that she kept hidden in her home. Gregory reportedly distrusted banks and instead kept plastic packets hidden around the house. When Gregory was hospitalized after a fall in September 2023, DeLuney and her husband allegedly stayed at her house. The elder’s friends told the court that upon her return, she found the home in a poor state and noticed that money was missing. Read more
XRP saw profit booking at $3 but steady buying by large investors suggests the rally could send the altcoin’s price to $4. Key point: Whales continue to buy XRP, creating a steady tailwind on the altcoin’s price. XRP (XRP) broke out from its long-term range on Friday and soared to $3.03 on Monday. XRP has since given back some of its gains, indicating profit-booking at higher levels. Read more
The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett. California Governor Gavin Newsom has launched a new government efficiency task force that includes representatives from various crypto firms, potentially signaling the state’s recognition that blockchain technology could enhance public services. The task force, dubbed California Breakthrough Project, has tapped executives from Ripple, Coinbase, MoonPay and others to “advise and advance government efficiency and collaboration,” journalist Eleanor Terrett reported Tuesday. According to Terrett, the task force held its inaugural meeting at Ripple’s San Francisco headquarters on June 6. It aims to foster collaboration between California regulators and industry leaders across the technology and business sectors, address government inefficiencies and boost transparency around public services. Read more
As Bitcoin treasury bets stumble in 2025, Strategy thrives with disciplined capital, mNAV premiums and long-term focus. By 2025, the Bitcoin treasury model has reached critical mass. Over 250 organizations, including public companies, private firms, ETFs and pension funds, now hold BTC on their balance sheets. The Bitcoin (BTC) treasury model trend was ignited by Michael Saylor’s Bitcoin plan, with Strategy pioneering the use of Bitcoin as a corporate reserve asset in 2020. Read more
With investigations from two major US agencies now reportedly closed, Polymarket has reached a critical regulatory milestone ahead of its $200 million funding round. The United States Department of Justice and the Commodity Futures Trading Commission (CFTC) have reportedly closed their investigations into online betting platform Polymarket after several months. According to a Bloomberg report on Tuesday, authorities ended investigations into Polymarket to investigate whether the platform was accepting trades from US-based users. The investigation reportedly ramped up after the 2024 US elections, when many Polymarket users were betting on the outcome of races. The company reached a $1.4 million settlement with the CFTC in 2022. Amid the reported investigations in November 2024, the Federal Bureau of Investigation (FBI) raided the home of Polymarket CEO Shayne Coplan, confiscating his electronic devices. Read more
Bitcoin may retest the $114,000–$115,000 zone, its former resistance turned support, before BTC price continues its rally toward $160,000. Key takeaways: Bitcoin has confirmed an inverted head-and-shoulders breakout. A short-term pullback toward $114K–$115K may retest former resistance as support. Read more
Programmable regulation could be the solution to legacy regulatory frameworks struggling to keep pace with DeFi’s rapidly evolving ecosystems. Embedding compliance in code can bring legal clarity, reduce risk and foster innovation in DeFi. Opinion by: Raks Sondhi, chief operating officer of Freedx Governing composable, borderless and programmable ecosystems with rules made for simple, static financial systems presents a fundamental challenge. In the past year alone, decentralized finance (DeFi) platforms held over $60 billion worth of crypto assets locked in their protocols. Yet most jurisdictions still lack a clear definition of a decentralized autonomous organization (DAO). This confusion is slowing innovation and undermining the credibility of regulatory institutions. Read more
Spain’s BBVA opens retail access to Bitcoin and Ether through its mobile app, offering bank-grade custody and MiCA-backed compliance without the complexity of crypto exchanges. BBVA launched its crypto trading and custody service for retail customers in Spain on July 4, 2025, making it the first traditional bank in the country to offer such a service under the EU’s new MiCA regulations. BBVA’s crypto offering provides buy, sell and custody services for Bitcoin (BTC) and Ether (ETH), integrated directly into the bank’s mobile banking app. The service is designed to bring cryptocurrency access to retail investors without requiring them to use third-party exchanges or separate custodians. Read more
XRP price retreats from multimonth highs as overhead resistance from the $3 psychological level remains the most important barrier for the bulls. Key takeaways: XRP price must break the $3 resistance level to clear a path to new all-time highs. Increasing futures open interest supports further upside potential for XRP. Read more
Bitcoin OG Willy Woo believes that his more recent investments have the potential for even higher returns than simply holding Bitcoin. Veteran Bitcoiner Willy Woo has done the unthinkable and cashed out most of his stack. Ive sold most of my Bitcoin now, the legendary onchain analyst cheerfully tells Magazine. But what on earth possessed the industrys best-known onchain analyst to give up on the hardest money known to man? Has he gone mad? It turns out that Woo believes he can make more money selling shovels during the gold rush, than buying gold, with most of the proceeds of his Bitcoin sales reinvested into Bitcoin infrastructure. The co-founder of crypto quant fund Crest explains that Bitcoins market capitalization is around $2 trillion, which means it probably has at best 50x growth to $100 trillion, which he believes will be near the ceiling. Woos thesis is that early-stage Bitcoin startups have the potential for even better returns from here on in. If you were to look at a Bitcoin venture, youve got, yo...
The EU’s MiCA regulation surprised some doubters as major crypto exchanges lined up to get licenses. Despite initial concerns about its effect on the European crypto industry, the Markets in Crypto-Assets (MiCA) regulation is proving a benefit to crypto customers and exchanges alike. The EU’s first regulatory package concerning cryptocurrencies has been in effect for almost 200 days, and since then, a number of prominent exchanges has set up operations on the continent. In its first two quarters of operation, MiCA has shirked critics’ expectations that it would “destroy” the European crypto industry by overburdening exchanges with regulations and requiring users to identify themselves to stay on regulated platforms. Read more
Citizenship and residency via crypto are now possible in countries like Vanuatu, El Salvador and Portugal, with investment requirements ranging from $100,000 to $1 million. Vanuatu is one of the fastest countries to offer citizenship, with crypto accepted through licensed agents. Dominica and Saint Lucia offer Caribbean citizenship in months using crypto converted via trusted agencies. Portugal offers EU residency and a path to citizenship through crypto-linked investment funds. Read more
Wynn previously claimed that his leveraged positions were deliberately “hunted” by crypto market makers looking to sink Bitcoin’s price below his liquidation threshold. Multimillionaire cryptocurrency trader James Wynn returned despite numerous previous liquidations, signaling renewed confidence in Bitcoin’s near-term upside momentum. Wynn returned with two new leveraged positions, including a 40x leveraged Bitcoin (BTC) long position worth over $19.5 million at $117,000, which could be liquidated if the price fell below $115,750. Wynn has already incurred $1.4 million worth of funding fees to maintain the position, which has a current unrealized profit of $78,000. Wynn’s second position is a 10x leveraged long on the popular Pepe (PEPE) memecoin, worth over $102,000, was opened at $0.01201, but the position’s liquidation price remains unknown, according to blockchain data from Hypurrscan. Read more
Ripple told Cointelegraph it will apply for a MiCA license to expand its crypto and stablecoin operations across the European Economic Area. Payment solution company Ripple has confirmed its intention to pursue a Markets in Crypto Assets (MiCA) license to expand into the EU. In messages sent to Cointelegraph, a Ripple spokesperson said the company intends “to become MiCA-compliant” as it recognizes “significant opportunity in the European market.” The statement follows Ripple’s registration of Ripple Payments Europe S.A. in Luxembourg in late April. Read more
The NoOnes CEO told Cointelegraph that corporations are increasingly adding Ethereum to their treasuries, drawn by its utility, staking yield and dominance in tokenized assets protocols. Corporations are increasingly viewing Ethereum as a critical infrastructure component, fueling a surge in ETH allocations within corporate treasuries, according to Ray Youssef, CEO of finance app NoOnes. “Ethereum starts to look like a hybrid between tech equity and digital currency. This appeals to treasury strategists looking beyond passive storage,” Youssef told Cointelegraph. Top corporate Ethereum treasuries have purchased at least $1.6 billion worth of Ether (ETH) in the past month. On Monday, BitMine, chaired by Fundstrat’s Tom Lee, revealed that it holds 163,142 ETH, valued at around $480 million. Read more
The new solution aims to create a sustainable revenue stream for builders, which may enable them to move away from fundraising via cryptocurrency launches. The Core Foundation, the organization behind the Core blockchain, is launching a new revenue-sharing mechanism for the Web3 industry intended to shake up how stablecoin issuers and developers raise funds. Rev+ claims to be the first protocol-level program that directly rewards developers, stablecoin issuers and decentralized autonomous organizations (DAOs) based on their created user value. Once launched, it will allow projects to earn revenue from user-generated gas fees on their blockchain applications. It could provide a sustainable revenue stream for developers, who were previously forced to launch cryptocurrencies to raise project funds. Read more
BlackRock’s Q2 inflows into crypto funds accounted for 16.5% of all the total ETF inflows, marking a massive increase from just 2.8% in Q1 2025. BlackRock, the world’s largest asset manager with $11.5 trillion in assets under management, reported a massive increase in cryptocurrency fund inflows in the second quarter of 2025. According to BlackRock’s quarterly earnings released on Tuesday, Q2 inflows into its crypto iShares exchange-traded funds (ETFs) surged 366% to $14 billion, up from $3 billion in the previous quarter. The crypto inflows accounted for 16.5% of BlackRock’s total Q2 ETF inflows of $85 million, marking notable growth from just below 3% in Q1 2025. Read more
OpenSea’s strategic pivot comes as NFT volumes have declined in five straight quarters. Crypto trading platform OpenSea is expanding beyond non-fungible tokens (NFTs) as the space faces a consistent decline in digital collectible trading volumes amid increasing competition. On July 8, OpenSea announced that it had acquired the mobile-focused token trading platform Rally to push its expansion into mobile devices and enhance its token trading capabilities. The platform said it will build an “onchain everything app” to provide users with a new experience. Rally co-founder Chris Maddern, who now works as OpenSea’s chief technology officer, told Cointelegraph that the move will bring together “the best of crypto,” putting everything in one place. Read more6903 items