Coinbase picks Abu Dhabi for its global tokenized asset push
The crypto exchange said it secured regulatory approval to offer tokenized securities from Abu Dhabi as the emirate deepens its push into onchain finance.…
Bitcoin sell pressure ‘closer to exhaustion’ after $4B USDT market-cap drop: CryptoQuant
Bitcoin analysis suggested that sell pressure would not increase given the historically large contraction in USDT market cap over a 60day period.…
Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1
The Strait of Hormuz relief trade unraveled after Trump demanded 50 years of Iranian compensation, pushing oil back to $89 and leaving crypto and equities…
Software stocks break away from bitcoin: What the rare divergence means for crypto
IGV’s rebound is reshaping a relationship it held with bitcoin for years, but history suggests bitcoin could still catch up. Source：CoinDesk
Nvidia’s $500 billion AI infrastructure push leaves crypto compute further behind
Nvidia has signed memorandums of understanding with six major Wall Street firms to establish "AI compute" as a bankable infrastructure asset. Source：CoinDesk
UK lawmakers question lenders over lack of banking for the country’s crypto firms
The U.K.’s Crypto and Digital Assets AllParty Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital…
South Korea drops Travel Rule threshold for crypto transfers
South Korea will remove its 1 million won Travel Rule threshold and apply informationsharing requirements to all transfers between registered crypto service…
XRP, ether lead crypto losses as traders eye $70,000 bitcoin next
Bitcoin failed to hold $65,000 for a fourth day as an oil rally revived inflation worries before Wednesday's U.S. price data. Source：CoinDesk
U.S. SEC sets meeting to propose Reg Crypto to support certain digital assets offerings
The Securities and Exchange Commission will vote this week to start its first major crypto rulemaking process. Source：CoinDesk
Trump Media to revamp crypto treasury strategy after $238M Q2 loss
Trump Media says it will take a more disciplined approach to its crypto treasury while directing more resources toward its core media business.…
Thailand’s 0% crypto tax. Bitcoin Red Team forced to use Chinese AI: Asia Express
The Bitcoin Red Team has been forced to rely on open source Chinese AI, after OpenAI restricts access. Thailand sets crypto tax to 0% in bid to become crypto…
Trump Media’s bitcoin holdings shrink as crypto losses hit $361 million
The Truth Social parent held 9,477 BTC worth $557 million at the end of June, while its Cronos position also suffered a steep drop in value. Source：CoinDesk