24/7 Blockchain industry dynamics and breaking crypto news
The EU's Markets in Crypto-Assets Regulation takes full effect today. ESMA mandates unlicensed crypto firms to halt EU operations, with only 244 of over 3,000 registered companies holding licenses. This initiates a strict regulatory era for crypto in Europe.
Read MoreBlockchain-based private credit platform Techdollar has raised $3 million in a pre-seed round. The platform enables founders, employees, and investors in private tech companies to borrow against their equity without selling shares, using a stablecoin issuance model. Funding will support product development.
Read MoreInstitutional analysis suggests Bitcoin often consolidates for about two months after July, with this summer lacking major catalysts. Current low trading volume and high downside risk limit short-term upside. The next cycle low is projected for September, prompting a shift toward income-focused strategies over directional bets.
Read MoreFed Chair Walsh, alongside ECB's Lagarde, BOE's Bailey, and BOC's Macklem, will speak at a global central bank forum tonight at 9 PM Beijing time. Their collective policy signals are poised to shape the trajectory of global asset pricing for the second half of the year.
Read MoreAnalysts warn that persistently strong U.S. June job growth could keep inflation elevated, making it the dominant factor in the Federal Reserve's upcoming policy decisions. Attention is on potential hiring acceleration in financial services.
Read MoreFinancial disclosures reveal Trump earned over $2.2 billion in 2025, with crypto ventures driving most growth. His fintech company and a meme coin launched days before inauguration contributed nearly $1.5 billion combined, marking a strategic wealth shift.
Read MoreMiles Guo was sentenced to 30 years in prison on July 1 for orchestrating a $1 billion fraud scheme, including the deceptive H-Coin cryptocurrency project. The court also ordered forfeiture of nearly $900 million in assets, marking a major U.S. crackdown on crypto-related financial crimes.
Read MoreDYDX surged nearly 49% in 24 hours, briefly approaching $0.25. The sharp rally coincides with an official countdown for a major announcement, driving intense market speculation and high volatility. Risk awareness is crucial.
Read MoreOn-chain data reveals a mysterious whale deposited over 10 million USDC into Hyperliquid and opened a leveraged long position for 16,704 ZEC. This move, potentially signaling further accumulation, follows the whale's prior profits exceeding $7.7 million, drawing market attention to ZEC's price action.
Read MoreBinance co-CEO Richard Teng addressed the EU's MiCA regulation transition, assuring affected users that their assets remain secure and withdrawal functions will continue after July 1. The platform is communicating directly with users and advises contacting official support for account inquiries.
Read MoreCircle Internet Group has been removed from several Russell growth indexes, including the Russell 1000 and 3000 Growth indexes. This reshuffle may reduce its visibility among index-tracking funds and institutional investors, potentially impacting passive capital flows tied to its USDC and tokenization businesses.
Read MoreAnalysts expect the U.S. June unemployment rate to hold steady at 4.3%, with nonfarm payrolls adding around 87,000 jobs. While growth has slowed, the labor market remains resilient in a 'low-hire, low-fire' environment. The Fed's focus has now shifted decisively toward inflation, making price pressures the key determinant for future policy easing.
Read MoreKey midday updates: DeFi TVL hits a multi-month low as Polygon officially enters deflation. Regulatory moves and security incidents are in focus, with the SEC seeking feedback on new ETFs and last month's crypto losses exceeding $75 million.
Read MoreCrypto wallet Phantom has onboarded three highly respected developers from the perpetual futures space. Known for building a billion-dollar annual volume trading product, they bring experience from top tech firms. This move significantly bolsters Phantom's trading and data team capabilities.
Read MoreECB Governing Council member De Marco stated that the central bank can wait for the next round of economic forecasts in September before deciding on further policy tightening. He noted that falling oil prices have eased inflationary pressures, reducing the urgency for an immediate rate hike, signaling a potential shift towards a more patient approach.
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