Crypto Laundering Charges 23 in $11M Scam
South Korean police detained two suspects in a $11.1M crypto laundering case tied to a Cambodian phishing group, with the ringleader under Interpol Red Notice. #Breaking #Legal
US Stocks Face Stagnation as Gains Fade
Savita Subramanian, head of US Equity Strategy at Bank of America Securities, warns that broad market gains are unlikely to continue, holding a bearish outlook on the S&P 500. #Update #Crypto $BTC (-8) ↘
USDC Powers AI to Build and Run Businesses
@LocusFounder enables agents to settle payments in $USDC directly into non-custodial wallets, eliminating bank intermediaries and allowing real-time transactions. #Update #Crypto $USDC
Bitcoin ETF Launches with 10% Yield
BlackRock launches a Bitcoin ETF offering double-digit yields by selling call options, competing with Goldman Sachs’ similar product. #Update #Crypto $BTC
Bitcoin Surges to $66K Amid Trump Iran Deal
Bitcoin surged to $65,881 as President Trump announced a peace deal with Iran, reopening the Strait of Hormuz and lifting the US naval blockade. #Update #Crypto $BTC
FDIC Urged on Crypto Stablecoin Coordination
The U.S. Government Accountability Office urges the FDIC to enhance coordination on crypto and stablecoin risks, highlighting fragmented oversight in Washington. #Update #Crypto
Bitcoin Sell-Off Resumes as Japan Hikes Rates
Bitcoin ($BTC) risks a drop towards $60K after the Bank of Japan raised interest rates to 1.0%, historically leading to average declines of 5.74% in the month post-hike. #Update #Crypto $BTC
Hyperliquid ETFs Surge $172M Since Launch
Hyperliquid ETFs attract $172M since launch, with HYPE surging 73% in a month, reaching an all-time high of $75.96, reflecting strong institutional interest. #Update #Crypto
Bitcoin DeFi Demand Plummets as Botanix Closes
@Botanix is winding down after four years, urging users to withdraw assets by July 9 due to weak demand for Bitcoin DeFi. The project failed to find sustainable product-market fit. #Update #Crypto $BTC
Bitcoin Bottoms Near $60K Says Coinbase CEO
Brian Armstrong, CEO of @Coinbase, expresses long-term optimism for $BTC, calling it “digital gold” and suggesting a local bottom near $60K; mixed reactions from the crypto community ensue. #Update #Crypto $BTC
Polymarket Trader Doubles $4M to $9M
Mystery trader on @Polymarket turned $4.7M into $9M after Spain’s World Cup draw; another lost nearly $1M betting on a Spain win. Total trading for the match reached $64M. #Update #Crypto $USDC
Bitcoin Eyes $69K Rebound as Oil Plummets
Bitcoin ($BTC) targets $69,000 as US-Iran peace deal boosts risk assets; whales establish a solid floor near $60,000, while oil prices drop below $80. #Update #Crypto $BTC
Solana Treasury Firms Resist Forward Industries Push
@ForwardIndustries faces resistance in acquiring Solana treasury firms, with @HSDT and @SkyAI rejecting offers. Forward holds 7M $SOL, valued at $525M, amid significant unrealized losses. #Update #Crypto $SOL
Bitcoin HYPE Hits All-Time High
Hyperliquid’s $HYPE hits ATH at $76.50, driven by SpaceX SPCX volume surge; @MicroStrategy buys 1,587 $BTC for $100M. #Update #Crypto $HYPE