Bitcoin’s 20% June crash looks even deadlier on the charts. Here’s why
Bitcoin dropped by 20% in June, but the monthly chart reveals something far more concerning. Source:CoinDesk
SEC giving novel ETFs a rethink as it opens comment period on overhauling U.S. rules
Managers of exchangetraded funds, including those in the crypto sector, may see some changes at the Securities and Exchange Commission as it weighs its…
Bitcoin nears 2024 lows as options traders pay up for downside protection
Bitcoin and ether slid toward key support price levels. DeFi tokens were hit hardest, even as XLM and LIT bucked the broader market weakness. Source:CoinDesk
Ether, solana and dogecoin slide as Strategy's bitcoin sales plan pressures market
Bitcoin held below $60,000 as a surging dollar kept crypto pinned. Onchain demand stayed quiet through the week's losses, and Strategy's plan to possibly sell…
Tether trades at 7% to 10% premium in India. Exchanges say its just supply and demand
Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demandsupply imbalance and thin local liquidity. Source:CoinDesk
Bitcoin under pressure below $60,000 as Japanese yen hits 40-year low against the U.S. dollar
BTC fell in Asia as the Japanese yen tanked to fourdecade lows, lifting the dollar higher across the board. Source:CoinDesk
Crypto analytics firm Chainalysis proposes standards for blockchain tracing
The blockchain analysis company published a proposed ontology for how investigators can identify clusters of crypto addresses and link them together.…
BlackRock pushes deeper into DeFi with Ethena integration, sending ENA up 8%
The deal adds Ethena's yieldgenerating token to BlackRock's risk management platform and create a $100 million liquidity facility for BlackRock's tokenized…
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year. Source:CoinDesk
Tether's USDT jumps to 8.5% premium in India after crypto payment crackdown
Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollarpegged USDT to Indian platforms, pushing its local price more than 8.5%…
Vitalik Buterin says crypto’s most powerful idea isn't nearly ready for use
The Ethereum cofounder says indistinguishability obfuscation could one day act like a “trustless trusted third party,” but today’s versions remain far too slow…
Bitcoin hovers below $60,000 as crypto braces for a pivotal week
BTC added 0.6% to $59,800 to start the week while SOL rose 2%, though derivatives data and chart formations point to continued downside risk. Source:CoinDesk