Cryptocurrency
Dogecoin stumbles as ETF inflows dry up
Dogecoin dropped 3.17% to $0.071 on July 17, marking a period of stagnation for the asset. Despite the arrival of T. Rowe Price’s new actively managed crypto fund, U.S. Dogecoin ETFs have recorded zero fresh capital inflows over the past month, suffering $871,000 in net outflows during July.
Morgan Stanley enables direct crypto trading on E*TRADE
Eligible E*TRADE users can now buy, sell, and hold Bitcoin, Ethereum, and Solana directly through their brokerage accounts. Morgan Stanley implemented a 0.50% fee per transaction for the new service, which utilizes infrastructure provided by Zerohash to manage the underlying digital assets for its client base.
SBI Holdings secures Singapore foothold with Coinhako acquisition
With the Monetary Authority of Singapore granting formal approval on July 16, Japanese financial giant SBI Holdings has officially taken a majority stake in Coinhako. The deal transforms the decade-old Singaporean exchange into a consolidated subsidiary, providing SBI with a regulated gateway to expand its digital asset footprint across Southeast Asia.
Taiwan Court Slaps BitShine Founder With 22-Year Sentence
A Shilin District Court judge has sentenced the founder of the BitShine crypto exchange to 22 years in prison for orchestrating a massive fraud and money laundering operation. Prosecutors proved the defendant, identified as Shih, defrauded over 1,500 victims of more than NT$1.27 billion by exploiting the platform’s infrastructure.
Bitcoin Japan pivots to treasury strategy with $60M funding round
After a failed attempt to build a crypto reserve last year, Tokyo-listed Bitcoin Japan is attempting a fresh start with a 9.66 billion yen ($59.5 million) capital raise. The company, formerly known as Horita Marusho, intends to dedicate approximately 7% of these proceeds to its inaugural Bitcoin purchase.
Argentine Court Freezes Crypto Assets in $LIBRA Token Probe
Federal Judge Marcelo Martínez de Giorgi has ordered the identification of holders behind 25 cryptocurrency wallets linked to the $LIBRA token, following a police investigation that traced approximately $8.2 million in suspicious transfers moving through major global exchanges since May.
Francesco D’Amato Leaves Ethereum Foundation for Ethlabs
After five years contributing to the Ethereum Foundation, researcher Francesco D’Amato has joined the independent nonprofit Ethlabs. His transition reflects a broader trend of core developers moving to decentralized organizations as the Foundation restructures its internal operations and shifts its long-term development focus.
Keyrock absorbs BlockFills assets to bolster derivatives operations
Following a $75 million lending loss and subsequent Chapter 11 bankruptcy filing, BlockFills has offloaded its institutional trading and brokerage assets to Brussels-based market maker Keyrock. The acquisition secures proprietary technology, client relationships, and specialized derivatives expertise for the expanding firm as it seeks to scale its global institutional footprint.
Bitcoin Ordinals advocate proposes client to bypass Core transaction caps
Bitcoin Ordinals advocate Leonidas has unveiled a new open-source client dubbed Bitcoin $DOG Mode, designed to challenge long-standing policy restrictions within the Bitcoin network. The software aims to bypass transaction size limits and dust thresholds currently enforced by Bitcoin Core and Bitcoin Knots, rather than by the protocol’s consensus rules.
BitPay Secures MiCA Approval for European Union Expansion
The Dutch Authority for the Financial Markets has granted BitPay B.V. status as a crypto-asset service provider, unlocking the company's ability to offer regulated digital asset services across all European Union member states under the bloc's comprehensive Markets in Crypto-Assets framework.
Rotterdam Court Declares Crypto Exchange Knaken Bankrupt
A Rotterdam court has officially declared the Dutch cryptocurrency exchange Knaken bankrupt after prosecutors uncovered a 7 million euro hole in the platform's balance sheet. The ruling follows a criminal investigation into the missing funds, which remain unaccounted for as local authorities attempt to untangle the firm's collapse.
JPMorgan Finds Stability in Strategy’s $3 Billion Cash Reserve
MicroStrategy’s decision to bolster its cash reserves to $3 billion, coupled with consistent inflows into bitcoin futures, provides a vital buffer for the cryptocurrency market. JPMorgan analysts suggest these moves mitigate risks of forced asset liquidation, even as spot Bitcoin ETFs experience inconsistent trading patterns.
Visa enters stablecoin market with new institutional platform
Visa has unveiled an enterprise stablecoin platform, positioning itself as a central hub for banks and fintechs to manage digital assets. By integrating Open USD as its primary supported currency, the payment giant is providing institutions with a direct infrastructure to mint, store, and transfer stablecoins alongside traditional payment rails.
PayPal Board Rejects $53 Billion Stripe-Advent Bid
A $53 billion takeover proposal from Stripe and private equity firm Advent International has hit a wall, as PayPal’s board argues the offer fails to reflect the company’s long-term growth potential and presents significant regulatory hurdles.
Circle and Fireblocks link institutional USDC and fiat rails
Stablecoins now account for 69% of all digital asset transaction volume on Fireblocks, signaling a shift in institutional treasury operations. To capture this demand, Circle has integrated its Gateway and Payments Network directly into the Fireblocks infrastructure, enabling cross-chain USDC management and global fiat settlements for enterprise users.
Brian Chesky confirms X account breach following crypto thread
“To the person who hacked my account earlier this week: thanks for all the new crypto followers,” Airbnb CEO Brian Chesky wrote on X this Wednesday. The post officially confirmed that a series of detailed threads promoting blockchain-based real-world asset tokenization published on his profile were the work of unauthorized intruders.
Bitcoin and Ethereum Options Expiry Fails to Break Trading Range
With $1.2 billion in Bitcoin options expiring on July 17, the digital asset market showed little sign of breaking its month-long consolidation. While traders analyzed the $63,000 maximum pain point for BTC, Ethereum faced a deeper divide as put-call ratios signaled persistent caution regarding the asset’s near-term direction.
MegaETH shutters accelerator as startups migrate to rival networks
After two years of operation, MegaETH is terminating its Mega Mafia accelerator program. Despite helping 20 incubated teams secure approximately $80 million in capital, the blockchain network failed to retain these projects, which increasingly opted to build on alternative infrastructures rather than the native MegaETH ecosystem.
Ansem Challenges Token Buyback Efficacy Amid Valuation Divergence
Crypto trader Ansem is questioning the market's reliance on token buybacks, arguing that recurring repurchases fail to compensate for a lack of community trust. He highlights a massive valuation gap between Hyperliquid’s HYPE and Pump.fun’s PUMP as evidence that financial engineering cannot replace genuine user alignment.
Bybit Enters Indonesia Through NOBI Acquisition
With over 21 million crypto accounts active in the country, Bybit has established a formal local presence by acquiring PT Enkripsi Teknologi Handal, formerly known as NOBI. The move allows the global exchange to operate directly under the supervision of Indonesia’s Financial Services Authority, moving beyond its previous offshore-only model.
Injective Targets SEC Registration to Move Securities Records Onchain
Injective claims to have filed for transfer agent registration with the U.S. Securities and Exchange Commission, a move intended to bridge the gap between traditional legal ownership records and sub-second blockchain settlement. The project aims to establish a regulated pathway for managing tokenized securities directly on its infrastructure.
1inch Co-Founder Anton Bukov Exits Following Management Dispute
After more than seven years at the helm of the decentralized finance project he helped build, Anton Bukov has officially stepped away from 1inch operations. The departure follows a public claim by the co-founder that he was fired last November after attempting to initiate significant changes to company management.
Citadel Securities Backs Crypto.com in $400 Million Funding Round
Citadel Securities has injected $400 million into Crypto.com, securing a $20 billion valuation for the digital asset platform. This transaction represents the first institutional funding round in the exchange’s decade-long history, signaling a deeper convergence between traditional market makers and the evolving infrastructure of the crypto industry.
Balaji Srinivasan freezes $122M Malaysia project amid residency probe
Former Coinbase CTO Balaji Srinivasan has halted a $122 million expansion of his Network School in Johor, demanding formal legal guarantees from the Malaysian government. The standoff follows an investigation into the community’s residents prompted by social media allegations regarding the presence of Israeli citizens within the Forest City development.
Venezuelan USDT Trading Volume Rivals National Oil Exports
Between June 11 and July 13, 1.389 billion USDT changed hands on Binance’s peer-to-peer market in Venezuela, a figure that now competes with the country’s primary oil export earnings. This massive influx of stablecoin activity highlights a shift toward decentralized currency channels as the bolivar faces ongoing pressure.
Trump’s stock trades under fire following series of company endorsements
A CNN investigation reveals that President Donald Trump promoted over 20 companies, including Nvidia and Tesla, shortly after purchasing their shares. The timing of these endorsements, paired with his decision to forgo a blind trust, has intensified legislative scrutiny regarding potential conflicts of interest within his administration.
White House Aide Under Scrutiny for Betting on Presidential Speeches
A White House teleprompter operator has been placed on administrative leave amid a Commodity Futures Trading Commission investigation into suspicious profits. Gabriel Perez allegedly secured over $90,000 in gains by wagering on specific vocabulary President Donald Trump would use in public addresses, leveraging his advance access to official remarks.
Trump Media Monetizes Truth Social Posts for Financial Traders
Markets move on a single post, and now, those signals come with a price tag. Trump Media & Technology Group is launching a licensed API service, selling real-time access to high-profile Truth Social content—including the president’s own feed—directly to institutional trading desks and financial data firms.
Cathie Wood Ups SpaceX Stake as Stock Slides Below IPO Price
Cathie Wood’s Ark Invest has doubled down on its SpaceX position, pouring an additional $52.1 million into the aerospace giant as the stock stumbles below its $135 IPO threshold. The move brings Ark’s total investment to more than $475 million, signaling deep institutional confidence despite a 42% retreat from record highs.
T. Rowe Price Enters Crypto With Actively Managed TKNZ Fund
With nearly $2 trillion in assets under management, T. Rowe Price has officially entered the digital asset space by launching TKNZ on NYSE Arca. Unlike passive products tied to a single coin, this new exchange-traded fund offers active portfolio management, allowing the firm to rotate holdings based on real-time market shifts.