Crypto News.
Bitcoin, Ethereum, stablecoins and the regulation deciding crypto's future, explained without the moon-talk. We track the on-chain data, market moves and policy that actually matter, with a skeptic's eye.
Crypto
Strategy Sold Bitcoin Below Cost to Prop Up Its Preferred Stock
Strategy sold 1,690 bitcoin for $108.6 million at an average of $64,262 per coin, well under its own $75,385 cost basis, and spent every dollar buying back 1,152,020 STRC preferred shares. The August 10 filing marks the first time the company has realised a loss on bitcoin to defend an instrument it issued.
Crypto
The CLARITY Act Isn't Stuck on Crypto Rules. It's Stuck on Ethics.
A four-day arc explains where the CLARITY Act actually stands: Trump approved ethics language on July 20, Democrats rejected it on July 23, and the Senate broke for recess without a vote. Five compliance officers, exchange counsel, and policy specialists agree the bill's three-way jurisdictional split was never the hard part, it's who watches officials trading crypto while writing the rules that actually stalled a bill that already passed the House 294-134.
Crypto
Trump Media's Last 4,261 BTC Are Collateral, Not Treasury
Trump Media moved 2,628 BTC worth about $165 million to Crypto.com on August 2, leaving roughly 4,261 BTC in tagged wallets. Filings show 4,260.73 BTC of that is pledged as convertible-note collateral until May 2028, so almost nothing left is actually free.
Crypto
Morgan Stanley Debuts Staking Ether and Solana ETFs
Morgan Stanley listed two spot crypto funds on NYSE Arca on July 28, 2026: the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL). Both charge a 0.14% sponsor fee, both stake their holdings, and 95% of the network rewards go to shareholders.
Crypto
Apple Responds to $1.8M Fake Bitcoin Wallet Lawsuit
Apple said Monday morning it removed the apps impersonating Sparrow Wallet and terminated the developer accounts behind them, three days after three men sued in California over about $1.8 million in Bitcoin lost to a counterfeit wallet app. Sparrow has never shipped an iOS version, so every listing under that name was fake by definition.
Crypto
BitMart winds down after nine years, BMX crashes 58%
BitMart began an orderly wind-down on July 26, halting new deposits and orders at 01:30 UTC, ending all trading on August 26 and closing the platform on January 31, 2027. Its BMX token fell 57.7 percent in a day to about 8 cents, and the slide started six days before the notice went out.
Crypto
BitMEX hit with 623 BTC lawsuit as its shutdown begins
A proposed class action filed today in the Southern District of New York accuses BitMEX of rigging liquidations and seeks 622.66 BTC, about $40.6 million, one day after the exchange told users it is closing on September 23, 2026.
Crypto
Regulators Blew the GENIUS Act Stablecoin Deadline
US federal agencies missed the GENIUS Act statutory deadline of July 18, 2026 to finalize stablecoin rules, and because the law contains no fallback, the industry now defaults to a January 18, 2027 effective date with no federal rulebook in the interim.
Crypto
South Korea Folds Crypto Into a 76-Year-Old Asset Law
South Korea's Ministry of Economy and Finance announced on July 15 it will create a National Asset Basic Act, revising the 1950 National Property Act to classify virtual currencies and intellectual property as national assets. It is the first overhaul of state asset management in 76 years, and the tokenized bond pilot lands in 2027.
Crypto
Stripe and Advent Launch $53B Stablecoin Bid for PayPal
Stripe and private equity firm Advent International reportedly bid $53 billion, or $60.50 a share, to acquire PayPal, a roughly 28% premium that would unite two of the largest players in stablecoin payments and PayPal's 400 million-plus accounts.
Crypto
Japan's Upper House Advances a Landmark Bitcoin ETF Bill
A Japanese Upper House committee approved legislation to reclassify Bitcoin and other cryptocurrencies as financial instruments and cut crypto tax to a flat 20%, clearing a major hurdle toward spot crypto ETFs listing on the Tokyo Stock Exchange as early as 2027.
Crypto
US Moves $288M Seized Crypto to Coinbase Prime
The US government transferred about $288M in seized Bitcoin and Ether to Coinbase Prime, an on-chain move that traders track closely because government wallets holding seized crypto are a recurring source of supply overhang.
Crypto
TeraWulf's $19B Anthropic Deal Finishes Its AI Pivot
TeraWulf signed a roughly $19 billion AI hosting agreement with Anthropic, completing its transformation from a Bitcoin miner into an AI infrastructure company and cementing the miner-to-AI-datacenter trade now reshaping the sector.
Crypto
Bitcoin ETFs Snap a 10-Day Outflow Streak With $221M Day
US spot Bitcoin ETFs ended a 10-day run of outflows with $221.7 million in net inflows, their largest single-day haul in two months, a tentative sign that demand is stabilizing after Bitcoin's worst month in four years.
Crypto
Empery Digital Dumps Half Its Bitcoin for AI Compute
Bitcoin treasury company Empery Digital sold roughly half its BTC stack to pivot toward AI data centers, a concrete sign that capital is rotating out of the crypto-treasury trade and into AI infrastructure as the more compelling growth story.
Crypto
Ethereum Foundation Sics AI Agents on Validator Software
The Ethereum Foundation pointed coordinated AI agents at the software its validators run and got a real, remotely triggerable crash, plus a pile of confident, well-written findings that turned out not to be bugs at all, a preview of both the promise and the noise of AI security auditing.
Crypto
Strategy Became Bitcoin's Buyer of Last Resort
With spot Bitcoin ETFs bleeding about $5.5 billion this year, corporate treasury buying led by Strategy (MSTR) kept net demand positive, making one leveraged company the swing buyer and its biggest hidden risk.
Crypto
Bitmine Nears 5% of All ETH in Tom Lee's Treasury Bet
Bitmine, chaired by Fundstrat's Tom Lee, added another $74M in Ether and is closing in on its goal of holding 5% of the entire ETH supply, a MicroStrategy-style treasury bet aimed at the pending CLARITY Act.
Crypto
Gemini's stock is down 89%: the crypto IPO winter is real
The Gemini Space Station exchange has cratered 89% from its $37 debut to $4.19, and most crypto listings since mid-2025 now trade below their opening price, exposing a gap between crypto prices and crypto equities.
Crypto
Circle wins US trust-bank approval for its stablecoin
Circle secured US trust-bank approval, letting the USDC issuer operate inside the federal banking system. It is a milestone in crypto’s move from the sidelines into regulated finance, and rivals are queuing behind it.
Crypto
Swift and 17 banks pilot tokenized-asset settlement
HSBC, UBS, Wells Fargo, Citi and 13 other major banks are piloting live transactions of tokenized digital assets on Swift's new blockchain payments platform, a milestone that pulls tokenization from crypto experiment into core banking rails.
Crypto
Crypto Stocks Crater Even as Bitcoin Rebounds
Even as Bitcoin bounces back above $60,000, the stocks of crypto companies that IPO'd in 2025 have collapsed: Gemini is down about 89% from its debut, BitGo 77%, and Bullish 71%. The split shows public markets rating the businesses far more harshly than the coins.
Crypto
Bitcoin reclaims $64K as ETF inflows and Fed ease fear
Bitcoin climbed back above $61K toward $64K in early July after five straight days of spot-ETF inflows and dovish comments from Fed Chair Kevin Warsh, snapping a brutal June that was the worst month for BTC in four years.
Crypto
The CLARITY Act Could Finally Split Crypto's Regulators
The CLARITY Act would sort crypto into three buckets, digital commodities under the CFTC, fundraising tokens under the SEC, and stablecoins under bank regulators, but with 2026 passage rated roughly 50/50, the market's biggest catalyst is still stuck in the Senate.
Crypto
US Tells Fannie and Freddie to Count Crypto for Mortgages
The FHFA has ordered Fannie Mae and Freddie Mac to prepare to count cryptocurrency as an asset in mortgage applications, a move that would fold digital assets into the core of the US housing-finance system for the first time.
Crypto
Trump wants no capital gains tax on Bitcoin payments
President Trump told CNBC that Bitcoin should not trigger capital gains tax when spent like ordinary money. If codified, the change would remove the tax friction that makes paying with crypto a reporting nightmare, and could push Bitcoin toward being a payment rail, not just a store of value.
Crypto
SEC Preps Its First Real Crypto Rulebook: What to Know
The SEC plans to release a Regulation Crypto proposal as soon as July 2026, creating safe harbors for DeFi and tokenized securities. It would be the agency first binding crypto rulemaking.
Crypto
Stablecoin Rules Hit a July 18 Deadline, Banks Push Back
US regulators must finalize GENIUS Act stablecoin rules by July 18 2026, and banks are fighting a yield loophole they fear will drain deposits into stablecoins.
Crypto
Russia’s Sberbank Plans a Crypto Wallet in Its Apps
Sberbank, Russia’s largest bank, plans to launch a crypto wallet built into its Sberbank Online and SberInvestments apps once the country’s digital-currency law takes effect in September, a state-linked bank moving crypto custody into the mainstream.
Crypto
Ethereum's Glamsterdam Upgrade Targets Base-Layer Speed
Glamsterdam is Ethereum's next hard fork and its first aimed at base-layer throughput since The Merge. A public testnet is targeted for July or August 2026, with mainnet activation described as a Q3 window that could slip to Q4.