24/7 Blockchain industry dynamics and breaking crypto news
UK-based Bitcoin treasury firm Satsuma Technology, backed by Mark Moss, will liquidate its entire 668 BTC holdings and wind down operations following a shareholder vote. The capital will be returned to investors, marking a significant corporate exit from Bitcoin.
Read MoreReports of Intel negotiating a deal with SK Hynix for its Ohio chip fab are false, according to sources. Intel declined to comment on speculation but reaffirmed its commitment to investing in and advancing the Ohio site to accelerate readiness for production.
Read MoreOn-chain data reveals Morgan Stanley's Bitcoin Trust ETF withdrew 106.04 BTC, worth ~$7.01 million, from Coinbase Prime custody. This significant transfer highlights ongoing institutional activity and sparks discussion about custody strategies and market positioning within traditional finance.
Read MoreA new US tariff policy grants imported generic drugs two years of zero tariffs starting August 2026, before rates surge to 100% and then 200%. The move aims to reshore drug manufacturing, with penalties for companies failing to establish US production facilities. Existing policies for patented drugs remain unchanged.
Read MoreCME FedWatch data indicates a 74.9% probability the Fed holds rates steady in July. Market attention is shifting to September, where a cumulative 25-bps hike probability exceeds 55%, suggesting the tightening cycle is not over and future policy remains uncertain.
Read MoreA US Congressional hearing highlighted the intensifying conflict between the CFTC and state governments over who should regulate sports betting prediction markets. As the industry booms, pressure mounts for federal action to clarify the legal framework.
Read MoreOn July 22, BlackRock's IBIT spot Bitcoin ETF transferred approximately 1,789.65 BTC, worth $119 million, from Coinbase Prime. This substantial acquisition underscores continued institutional interest and is being closely watched as a potential market indicator.
Read MoreThe crypto advocacy group TDC filed a lawsuit against Illinois on July 22, seeking to block the state's new Digital Asset Tax Act from taking effect. The law imposes taxes on digital asset service companies operating in the state, marking a significant legal challenge that could influence crypto tax policies nationwide.
Read MoreDigital Asset, developer of the Canton Network, has raised an additional $10 million from Shinhan Financial Group and SC Ventures, bringing total funding to $365 million. The enterprise-focused blockchain interoperability protocol aims to enable private and controlled asset sharing between institutions.
Read MoreKorean high-net-worth investors are heavily buying leveraged ETFs tied to Samsung Electronics and SK Hynix, signaling concentrated bets on the semiconductor giants. Recent portfolio analysis reveals these instruments are among their top net purchases.
Read MoreThe U.S. Secret Service and federal prosecutors have seized over $25 million in cryptocurrency linked to international fraud schemes targeting U.S. and Canadian residents, marking a significant milestone in ongoing efforts to combat cybercrime.
Read MoreWith global asset volatility near historic lows, the carry trade strategy is delivering its strongest returns in decades. By borrowing low-yield currencies to invest in higher-yielding ones, this approach has outperformed other FX strategies, particularly in select emerging market baskets, according to major banks.
Read MoreIran's military issued a stark warning, stating that any U.S. attack on its nuclear facilities would be viewed as an expansion of regional conflict. In response, Iranian armed forces would target all American and allied interests across the Middle East, signaling a major escalation in tensions.
Read MoreOn July 22nd, on-chain data revealed a whale address withdrew 16 million ENA tokens ($1.37M) from a Gnosis multisig wallet and deposited them into Binance. This large transfer is often seen as a precursor to selling, raising concerns about short-term price pressure on ENA.
Read MoreThe U.S. Defense Secretary disclosed that military operations related to Iran have cost $37.5 billion to date, exceeding prior estimates. The figure was revealed during testimony supporting a $95 billion budget proposal that also includes agricultural aid and election law changes.
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