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Bitcoin holders exhibit ‘diamond hands’ as unrealized profits swell past  trillion

Bitcoin holders exhibit ‘diamond hands’ as unrealized profits swell past $1 trillion

Bitcoin (BTC) investors have kept their coins off exchanges in recent weeks, even as market-wide profitability climbed to levels that typically trigger distribution, according to a July 1 report from Glassnode. Bitcoin fell from $106,000 to $99,000 during last week’s Israel-Iran flare-up, but buyers defended the short-term holder cost basis at $98,300 and pushed the […]

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Bitcoin dips to 5k on Q3 open despite record monthly close

Bitcoin dips to $105k on Q3 open despite record monthly close

The crypto market saw significant declines on July 1 despite Bitcoin’s record monthly close the day prior amid continued institutional and corporate accumulation. Bitcoin (BTC) managed to maintain its footing above the $105,000, but altcoins experienced drastic declines, with some posting double-digit percentage losses for the day. Bitcoin fell nearly 2% to a low of

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UniCredit to offer Bitcoin exposure to professional clients via BlackRock IBIT-linked certificate

UniCredit to offer Bitcoin exposure to professional clients via BlackRock IBIT-linked certificate

European banking behemoth UniCredit is entering the crypto arena with a structured product tied to BlackRock’s spot Bitcoin exchange-traded fund (ETF), Bloomberg News reported on July 1, citing an internal memo. Under the plan, UniCredit will offer professional clients a five-year, U.S. dollar-denominated investment certificate linked to BlackRock’s iShares Bitcoin Trust (IBIT). The product will

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SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading

SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading

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

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Tuttle’s new ETFs could offer 2x gains or losses on SOL, TRUMP, XRP, and more starting July 16

Tuttle’s new ETFs could offer 2x gains or losses on SOL, TRUMP, XRP, and more starting July 16

Tuttle Capital has filed an amendment to shift the effective date for a series of crypto and meme-related leveraged exchange-traded funds (ETFs) to July 16. This move, first reported by Bloomberg’s ETF analyst Eric Balchunas on July 1, could signal the imminent launch of 10 new leveraged funds. These ETFs are poised to offer double

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Supreme Court confirms IRS right to access customer data from crypto exchanges without warrant

Supreme Court confirms IRS right to access customer data from crypto exchanges without warrant

The United States Supreme Court has allowed a lower court ruling to stand, granting the Internal Revenue Service broad authority to access customer data from cryptocurrency exchanges. On Monday, the court denied a petition for a writ of certiorari in Harper v. Faulkender, docket number 24-922, ending a legal challenge that questioned the constitutionality of

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Over 5,000 Scammed in Massive Crypto Scheme Broken up in Spain

Over 5,000 Scammed in Massive Crypto Scheme Broken up in Spain

A global crypto fraud empire that funneled over half a billion dollars from thousands of victims has been dismantled in a sweeping international operation spanning three continents. Crypto Fraud Network Dismantled: Europol, Spain Arrest 5 in Major Bust A sweeping crackdown on a global cryptocurrency scam has unraveled a vast network that siphoned millions from

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First US Crypto Staking ETF Set to Launch Wednesday With SOL Yield Exposure

First US Crypto Staking ETF Set to Launch Wednesday With SOL Yield Exposure

A regulated crypto staking ETF is set to debut in the U.S., unlocking yield potential and paving the way for a new era of compliant digital asset investing. New ETF Combines SOL Exposure With Staking Income in Regulated Structure A yield-bearing crypto investment vehicle is about to make its debut in the regulated U.S. market,

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DEXs capture almost 30% of CEX spot activity in June, setting new record

DEXs capture almost 30% of CEX spot activity in June, setting new record

Decentralized exchanges (DEX) processed roughly $385 billion of spot trades in June, equal to almost 30% of the turnover recorded by centralized venues, according to DefiLlama and The Block data. The 30-day DEX figure represents a 12% decline from May, but centralized exchange (CEX) spot volume contracted nearly 30% in the same period. Notably, this

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XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model

XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model

XRP is emerging as the next big institutional crypto play as public companies embrace it as a treasury cornerstone, signaling explosive mainstream adoption. Wave of Public Firms Embracing XRP Sparks Institutional Crypto Shift A growing number of public companies are signaling a decisive pivot toward XRP as a strategic treasury asset, reshaping the narrative around

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