Crypto News
Fed Chair Warsh Signals Easing Inflation, Bitcoin Rallies From 21-Month Lows
Federal Reserve Chair Kevin Warsh signaled easing inflation concerns on July 1, triggering a sharp recovery in Bitcoin and crypto markets after a devastating 21-month capitulation in late June. The dovish pivot marks a potential inflection point for digital assets, as traders reassess the probability of rate hikes through year-end amid conflicting signals from persistently...
Six Agencies Race to Finish Stablecoin Rules Before July 18 Deadline
Six federal agencies are racing against a July 18, 2026 deadline—just 15 days away—to finalize sweeping stablecoin regulations that will reshape a $230 billion payment token market. With all public comment periods closed as of June 9, the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, National Credit Union Administration, Treasury Department,...
Bitcoin, Ethereum Rebound on Fed Dovishness Amid ETF Outflows
Bitcoin and Ethereum staged a modest recovery over July 1-2 as Federal Reserve Chair Kevin Warsh signaled easing inflation concerns, but institutional demand remains fragile with spot Bitcoin ETFs posting record monthly outflows in June and mixed fund flows persisting into early July. The two-day rally—Bitcoin gaining 3.19% to 3.26% and Ethereum rising 5.41%—represents relief-driven...
Here’s What Happened in Crypto Today
Crypto markets faced a challenging Wednesday as macroeconomic headwinds intensified, with Bitcoin sliding to 21-month lows amid Federal Reserve rate hike signals, Ethereum Foundation announcing significant staff cuts, and regulatory uncertainty surrounding the CLARITY Act clouding the sector’s outlook. Digital assets showed broad weakness, with major tokens extending losses as investors reassess risk exposure in...
Metaplanet Expands Bitcoin Treasury to $2.6B Targeting 1% of Supply
Metaplanet, the Tokyo-listed investment company, has expanded its Bitcoin treasury to 2.6 billion dollars with the purchase of an additional 2,823 BTC worth 170.7 million dollars, cementing its position as the third-largest publicly traded Bitcoin holder globally. The acquisition, announced today, marks a significant show of institutional confidence in Bitcoin accumulation despite ongoing market volatility...
XRP Escrow Unlock Meets ETF Outflows as July Seasonality Approaches
Ripple’s July 1 escrow unlock of 1 billion XRP has arrived at a critical inflection point: while the token faces its weakest technical levels since late 2024, institutional on-chain accumulation and ETF demand are signaling conviction that contradicts the sharp 20 percent June selloff. The divergence between whale buying and price weakness, combined with delayed...
Bitcoin Hits 21-Month Low as Fed Signals Multiple Rate Hikes Ahead
The Federal Reserve’s renewed commitment to fighting inflation has sent Bitcoin tumbling to 21-month lows, with the crypto market now pricing in a scenario of multiple rate hikes throughout the second half of 2026. May’s Personal Consumption Expenditures data, released June 25, revealed headline inflation at 4.07 percent and core inflation at 3.41 percent—both significantly...
CLARITY Act Misses July 4 Deadline as Senate Passage Odds Hit 50-50
The Senate’s July 4 deadline for President Trump to sign the landmark CLARITY Act has effectively closed without floor action, leaving the bill’s passage odds hovering near 50-50 as the legislative window narrows sharply before the August recess. With the Senate not returning until July 13 and fewer than four weeks of floor time remaining...
Ethereum Foundation Cuts 20% Staff as ETH Plunges Below $1,580
Ethereum Foundation Announces 20% Staff Cuts as ETH Plunges Below Critical Support, Triggering Institutional Flight The Ethereum Foundation has cut 54 employees representing 20% of its workforce and slashed its budget by 40% amid a devastating selloff that has sent Ether tumbling below key technical support levels. The structural blow to the organization behind Ethereum’s...
Here’s What Happened in Crypto Today
Bitcoin plummeted to 2026 lows amid accelerating exchange-traded fund outflows and a hawkish pivot from the Federal Reserve, casting a shadow over broader market sentiment. Meanwhile, the European Union’s Markets in Crypto-Assets Regulation took full effect, prompting major exchanges to restrict services in the bloc. In brighter news, Ripple joined a 140-partner open USD consortium...
EU MiCA Framework Takes Full Effect, Binance Restricts EU Services
The EU’s Markets in Crypto-Assets Regulation (MiCA) entered full enforcement today, July 1, 2026, marking the end of a 12-month transition period and fundamentally reshaping how cryptocurrency exchanges operate across the bloc. With no extensions granted and penalties reaching up to 5 million euros or 5 percent of global turnover for non-compliance, major platforms including...
Ripple Joins Open USD Consortium With 140 Partners
Ripple joins a 140-partner consortium launching Open USD, a revenue-sharing stablecoin backed by Visa, Mastercard, Stripe, BlackRock, and Coinbase. The XRP Ledger will serve as one of several settlement rails for the coin when it goes live later this year, marking a significant institutional validation of blockchain infrastructure—though whether the deal translates into price upside...