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4 922
70% of funds withdrawn from Binance were sent to personal wallets after the cessation of services for EU users
However, only 30% of withdrawn funds were transferred to licensed platforms that comply with MiCA requirements.
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4 922
Bank of America writes about a "generational redistribution" of cash flow
Hyperscalers like Amazon, Google, Meta, and Microsoft are seeing their free cash flow plummet, while chip makers are seeing it soar.
Simply put, during the AI boom, money is increasingly shifting from those building data centers to those selling them the hardware.
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4 922
+1
Cryptocurrency exchange AscendEX announced it was shutting down, citing regulatory pressure and financial difficulties
DeFi platform Zapper is also shutting down. Its dashboard will be completely disabled in August.
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4 922
BNB Chain is developing a new Layer-1 blockchain specifically for AI agents and algorithmic trading.
The testnet launch is expected in 2026.
The network will be able to process over 100,000 transactions per second, confirm them in less than 50 ms, and be protected from frontrunning due to the absence of a public mempool.
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4 922
CryptoQuant analyst TheChessOnChain predicts Bitcoin could fall below $58,000.
According to him, the NUPL indicator has approached levels that preceded market bottoms in past cycles.
The indicator is currently around 0.215 and continues to decline, with Bitcoin trading at approximately $63,000. If the historical pattern repeats, the asset still has room for further decline.
However, the expert emphasized that this is a historical pattern, not a definitive scenario.
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4 922
According to Bloomberg, the Donald Trump administration is still unable to determine which agency should manage the strategic bitcoin reserve
The main question is whether the US Treasury has the necessary legal authority to store and manage BTC.
Authorities are currently considering alternative reserve structures, including the possibility of transferring it to the Commerce Department.
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4 922
4 922
Ripple has received a crypto asset service provider (CASP) license from the Luxembourg financial regulator
The company is now fully compliant with European MiCA requirements.
According to the company's announcement, this step paves the way for the launch of regulated crypto payment products in all 30 countries of the European Economic Area.
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4 922
In February, at a business forum, Donald Trump announced that he was the first president in US history to give up his salary
The amount will be $2-2.5 million over his four years in office.
However, according to his 2025 financial disclosure, crypto projects like TRUMP and WLFI alone have generated at least $1.4 billion in revenue for the current president.
Meanwhile, about a million investors in the president's coin are currently suffering losses totaling $3.81 billion, the NYT reported.
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4 922
Elizabeth Warren called for an amendment to the CLARITY Act to ban the President, Vice President, administration officials, members of Congress, and their families from profiting from the crypto industry
The White House administration denied the existence of a conflict of interest. As Trump himself noted in conversations with reporters, he does not manage his personal finances, and his assets are managed by trusts.
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4 922
+1
OFAC updated its sanctions list
It added 134 addresses belonging to the terrorist group ISIS.
According to Chainalysis, over $1.4 million has been deposited into TRON wallets since 2023. Tether has already frozen the associated funds.
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4 922
Arkham reported a transfer of $60 million in BTC from the Winklevoss brothers' wallets to the Gemini exchange. $7 million in ETH was also transferred.
Transfer structure: custody → hot wallet – such movements are often seen as preparation for a sale.
Meanwhile, the Winklevoss brothers still have over $300 million in BTC in their wallets. They have earned approximately $1.7 billion in Bitcoin since 2015.
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4 922
A $200 million class action lawsuit has been filed against Binance and Changpeng Zhao in the UK
The plaintiffs allege that Binance violated the Financial Services and Markets Act by providing UK retail clients with access to cryptocurrency derivatives trading before and after the FCA ban in 2021.
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4 922
Trump's Crypto and NFT Revenue Exceeds $1.1 Billion
The US government has published Donald Trump's latest annual financial statements.
• Revenue from the TRUMP coin and NFTs under the licensing agreement with Celebration Coins totaled $635 million.
• Revenue from World Liberty Financial exceeded $521 million, including proceeds from token and crypto asset sales.
• Trump's cold wallets hold BTC and ETH, each worth over $50 million.
•
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4 922
Coinbase and Spiko have integrated USDC and EURC for instant entry into a fund investing in US Treasury bonds
The integration is being implemented through Coinbase Payments and the Base network.
The stablecoin integration also extends to Spiko's second fund, the EU T-Bills Money Market Fund, which focuses on European government bonds.
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4 922
Galaxy Digital Reduces Chances of Passing the CLARITY Act to 50%
Alex Thorn believes that the likelihood of passing this key crypto market bill in 2026 has decreased due to the Senate's overloaded agenda and protracted negotiations.
According to him, if a vote isn't scheduled before early July and held before Congress's August recess, the chances of passing the law this year will significantly decrease.
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