Crypto

Bitcoin dips below key technical levels as sellers tighten grip
Cryptocurrency falls through the 200-day simple moving average and Ichimoku cloud, signaling bearish momentum in short-term trading.

SEC to propose crypto investment regime, tokenized stock rules
U.S. regulator aims to establish a formal framework for crypto asset investments and introduce exemptions for tokenized stocks, according to Bloomberg.

Bitcoin drops below $64,000 as Hormuz deal uncertainty grows
Strategic sales and fading geopolitical optimism weigh on the cryptocurrency as it extends losses from weekly highs.

Ravencoin RVN drops to record low after network exploit
Mining pools controlling over 50% of Ravencoin's hash rate fork the chain, risking a three-day reorganization and raising transaction security concerns.

U.S. regulators sue Goliath Ventures over $400M crypto fraud
SEC and CFTC allege Goliath Ventures operated a Ponzi scheme, misusing investor funds for luxury spending and earlier payouts instead of promised crypto returns.

Trump to join White House meeting with crypto, AI CEOs
President Donald Trump is expected to attend a White House gathering next week with executives from crypto, AI and prediction markets, sources say.

Bitcoin holds steady as ETF inflows balance outflows ahead of U.S. CPI
Bitcoin’s low-volatility stretch persists as ETF demand offsets selling pressure. Analysts say Wednesday’s U.S. inflation data could break the impasse.

MoneyGram Ramps integrates Solana for crypto cash conversions
Rift wallet becomes first to enable Solana-to-cash conversions via MoneyGram's global network. Service expands reach for crypto users seeking fiat liquidity.

Strategy CEO says firm to resume Bitcoin accumulation in 2024
Firm's net Bitcoin purchases outpace sales 25-to-1 this year, CEO signals return to accumulation strategy despite recent divestments.

ARP Digital secures Dubai VARA broker-dealer license for digital assets
License enables regulated conversions of digital assets and stablecoins into UAE dirhams, supporting ARP Digital's regional expansion beyond Bahrain.

FlightAware withdraws Kalshi lawsuit as flight cancellation market fails to gain traction
FlightAware voluntarily dismissed its lawsuit against Kalshi without prejudice, as data showed no user activity in the flight cancellation prediction market.

Flowdesk secures Dubai broker-dealer license from VARA
Coinbase-backed Flowdesk gains full regulatory approval in Dubai, expanding its licensed operations after securing MiCA authorization in France.

Binance, RedotPay spar over Singapore lawsuit status
RedotPay claims Binance's $473 million lawsuit in Singapore is nearing resolution, while Binance asserts the case remains active. Legal tensions escalate between the crypto firms.

Shipfinex, ADI Chain to tokenize $500M vessel fleet on blockchain
Shipfinex will tokenize a $500 million vessel pipeline of 35 ships via ADI Chain, marking a major expansion of blockchain technology into the maritime sector.

SharpLink posts $394M Q2 loss as Ether slide weighs on crypto unit
Losses at SharpLink’s crypto division surged after Ether’s 23% quarterly drop eroded asset valuations and trading revenues.

Russia proposes exchange trading of Bitcoin, Ether, USDT
Central bank seeks to integrate major cryptocurrencies into regulated markets after Putin signs enabling legislation.

MoneyGram enables crypto-to-cash transfers via Solana network
MoneyGram integrates its global payout network with Solana wallets and apps, allowing users to convert crypto holdings into local currencies. The service targets cross-border transactions across 200+ countries.

Australia’s corporate watchdog suspends Cryptolink over compliance failings
Cryptolink’s registration suspended after regulator cites missing transaction reports and unanswered information requests, forcing 96 ATMs offline.

Bitcoin and stocks face pressure as safe assets lure capital
Historical parallels from the 1960s–90s suggest rising demand for safe assets could weigh on risk assets like bitcoin and equities. Analysts warn of potential capital reallocation.

Coinbase secures Abu Dhabi license for tokenized asset trading
U.S. crypto exchange receives regulatory approval to offer tokenized securities in Abu Dhabi, marking a key step in its global expansion into onchain finance.

Ravencoin mining pools to roll back four days of transactions after flaw
Major mining pools are constructing a replacement chain to address a critical block validation error, potentially reversing transactions from the past four days.

Public firms tap bitcoin-backed loans for acquisitions, capex
Institutional adoption of bitcoin-backed lending rises as companies secure funding without liquidating holdings, according to Two Prime.

Bitcoin holds below $65,000 as oil spike saps risk appetite
Crypto and equities remain rangebound as geopolitical tensions in the Strait of Hormuz lift crude prices, undermining broader risk sentiment ahead of U.S. CPI data.

Bitcoin sell pressure easing after $4B USDT market-cap drop: CryptoQuant
Analysis indicates reduced selling pressure as stablecoin market capitalization contracts by $4 billion over 60 days, signaling potential market stabilization.

