Pakistan’s virtual-assets regulator called for continued dialogue on the treatment of digital assets after meeting an Islamic scholar who backed a ruling against purchases made with crypto. Read more
Bitcoin’s BIP 110 fork deadline nears with miner support at zero
The BIP 110 proposal would cap arbitrary data on Bitcoin for a year, but Saylor, Adam Back and others say turning a spam dispute into a consensus fight could create a bigger risk than the spam itself. Read more
Ripple once weighed shutting down and handing XRP to shareholders, CEO says
Ripple’s Brad Garlinghouse says he and co-founder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight the 2020 lawsuit. Read more
Bitcoin, ether little changed as U.S. launches fresh Iran strikes
The U.S. hit Iran for the third time this week and Tehran has reportedly closed the Strait of Hormuz again. Read more
Bitcoin is nearing a power law support line Fidelity has tracked since 2015
The group’s Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet. Read more
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022’s Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said. Read more