Investors have pulled out $4 billion from the U.S.-listed spot bitcoin ETFs in June, the highest outflow on record. read more
Bitcoin dips to $59,700 as Iran de-escalation lifts stocks but not crypto
U.S. equity futures rose after reports the U.S. and Iran agreed to halt strikes and resume talks. Bitcoin has barely moved, still down 6.8% on the week. read more
South Korea’s $518 billion AI chip push shows crypto is still losing the capital race
Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money away from crypto all year. read more
Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence
Grayscale’s research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover its cash obligations, but CryptoQuant argued the company has other ways to support STRC. read more
EU watchdog EBA details big crypto fines as landmark laws bite
The European Banking Authority laid out a proposed penalty framework on Friday that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue. read more
Will Bitcoin price recover in July?
Bitcoin’s past July gains and heavy short bets point to a rally toward $75,000, but a break below key support keeps the risk of $55,000 in play. read more