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
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.
Crypto
Fannie Mae Will Count Crypto Toward Your Mortgage
Fannie Mae will begin accepting cryptocurrency as collateral and reserves for conventional mortgages, a first that pulls digital assets like Bitcoin into mainstream US home finance and could let holders qualify for a loan without first selling their crypto.
Crypto
SEC and CFTC Say Most Crypto Isn't a Security
The SEC and CFTC issued a joint interpretation stating that most crypto assets are not themselves securities and laying out a five-part token taxonomy, a major step toward harmonized US crypto rules.
Crypto
Open USD: Visa and Mastercard's Stablecoin Attack
Open Standard, a consortium of 140-plus enterprises including Visa, Mastercard, Stripe, BlackRock and Coinbase, announced Open USD (OUSD), a dollar stablecoin that hands nearly all reserve interest back to the businesses that mint and hold it. Launching natively on Solana, its revenue-sharing model directly threatens the issuer-keeps-the-yield economics of USDT and USDC.
Crypto
MiCA Goes Live, Tether's USDT Delisted in Europe
The EU's MiCA regulation became fully operational on July 1, and its first big casualty is Tether: USDT is being delisted from licensed European exchanges because Tether never filed the required e-money application, while compliant rivals Circle's USDC and EURC take its place.
Crypto
The CLARITY Act Hits the Senate Floor This July
The CLARITY Act, the US crypto market-structure bill, is set to reach the Senate floor in July with compromise text expected around July 4, though it still needs 60 votes to overcome a filibuster and prediction markets put 2026 passage near 48%.
Crypto
Bitcoin whales bought $16.7B as ETFs bled a record $4.5B
In June, US spot Bitcoin ETFs posted a record $4.51B monthly outflow while large holders quietly bought $16.7B of Bitcoin in two weeks, a whale-versus-ETF divergence that has historically shown up near cycle bottoms. Bitcoin has since bounced off a 652-day low to about $62,000.
Crypto
Bitcoin Hits a 652-Day Low as ETF Money Flees
Bitcoin opened July 2026 at $57,950, its lowest in 652 days, after closing June down about 20% amid a record $4.51 billion in US spot-ETF outflows led by BlackRock's IBIT. A late $221 million inflow snapped a 10-day bleed, hinting at a fragile bottom.
Crypto
Solana Launches Stake-Weighted On-Chain Governance
Solana activated formal on-chain governance on July 2, 2026 with Solana Governance Proposals, a stake-weighted voting system verified by Merkle proof that requires 100,000 SOL to open a proposal and lets delegators override how their validator votes.
Crypto
Strategy's mNAV Falls Below 1, Forcing a Bitcoin Pivot
For the first time, Strategy's enterprise mNAV, the ratio of its market value to its Bitcoin holdings, briefly slipped below 1.0 on June 27, 2026, meaning the market valued the company at less than its own BTC. In response it authorized $2B in buybacks and a program to sell up to $1.25B of Bitcoin if needed.
Crypto
Ethereum's Glamsterdam Is Its Biggest Fork Since the Merge
Ethereum's Glamsterdam upgrade, which hit its final devnet on June 16 and targets an H2 2026 mainnet, bundles ePBS (EIP-7732) and Block-Level Access Lists (EIP-7928) to attack MEV centralization and unlock parallel execution.
Crypto
Morgan Stanley's 0.14% ETF Fee Ignites a Crypto Price War
Morgan Stanley amended its SEC filings for upcoming Ether and Solana ETFs to charge just 0.14%, the lowest crypto ETF fee in the US and internationally, a signal that these funds are now competing on price like any commodity.
Crypto
Circle Sinks 17% as Wall Street Backs a Rival Stablecoin
Circle's stock fell about 17% on June 30, 2026, after Stripe, Coinbase, Visa, Mastercard, BlackRock, and 140+ partners launched Open USD, a fee-free, yield-sharing stablecoin that directly threatens USDC's business model.
Crypto
Bitcoin Breaks $60K, Its Lowest Price Since 2024
Bitcoin fell below $58,000 on June 30, its first trip under $60,000 since 2024 and roughly 50% off its October 2025 record, dragging the Fear and Greed Index into extreme fear as ETF outflows and an AI-stock selloff converged.
Crypto
Europe's Crypto Rulebook Hits July 1, and Binance Has Days to Comply
MiCA, the EU crypto regulation, takes full effect July 1, 2026, and unlicensed exchanges must wind down EU activity. Binance has until June 30 to secure a replacement license, with warnings that 10 million users could lose their platform.
Crypto
Crypto's CLARITY Act Is Running Out of Calendar in the Senate
The CLARITY Act, the US bill to settle crypto market-structure rules, reached the Senate floor calendar on June 1, 2026, but a packed schedule and a 60-vote threshold mean it likely must pass before the August recess or risk dying for the year.
Crypto
Bitcoin ETFs Just Had Their Worst Month Ever, and the $4 Billion Exit Says Why
Investors pulled a record $4 billion from US spot bitcoin ETFs in June, the largest monthly outflow ever. The number reveals exactly who has been holding the market up, and what happens when they leave.
Crypto
The Ethereum Foundation Is Shrinking Itself. That Might Be the Point.
The Ethereum Foundation cut roughly a fifth of its staff and 40 percent of its budget, shifting to an endowment-style model. In a brutal crypto year, deliberately making the central organization smaller is a genuine strategic choice.