Trump’s Bitcoin Reserve Stalled By Interagency Clash: Report

The Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the reserve should be structured and which agency should have primary oversight of the holdings. US President Donald Trump’s March 2025 executive order called for the SBR to…

BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal

The sequence began on June 30, when an anonymous wallet submitted a proposal to transfer the treasury’s holdings to a wallet it controlled, per Chainalysis. To pass, the proposal needed yes votes equal to 1% of BONK’s supply, the quorum, or minimum participation, required for it to take effect. Over July 4 and 5, a…

Bitcoin Bulls Buy The Dip And Use Leverage To Keep BTC Price Pumping

Bitcoin (BTC) fell from nearly $64,000 on Sunday to about $62,000 on Monday, and the primary trigger behind the move appeared to be a SEC disclosure showing Strategy’s largest ever sale of 3,588 BTC. The fuller explanation for the price action can be found deeper in the plumbing. Sunday’s climb toward $64,000 was almost entirely…

South Korea Shifts Polymarket Scrutiny From Users to Platform

South Korea’s media and communications review body said it will hear from Polymarket before deciding whether to take corrective action against the prediction market platform.  On Monday, the Broadcasting, Media and Communications Review Committee said it would allow Polymarket to submit its position before making a final decision on a corrective request regarding gambling concerns. …

Bitcoin Bounces Above $63K Following Strategy-fueled Selloff

Key takeaways: Bitcoin derivatives show resilience despite bearish pressure from Strategy’s Bitcoin sales. Onchain Bitcoin data points to sellers’ exhaustion, strengthening the $60,000 support level. Bitcoin price quickly recovered from the selloff to $61,300 that followed Strategy’s Bitcoin sale announcement. Despite the negative impact on traders’ sentiment, the additional $216 million cash position eased concerns…

Stablecoin trading volume is on track to smash records in 2026

Circle’s USDC stablecoin widened its lead over competitor Tether’s USDT by transaction volume during the first half of 2026, according to fresh data from Visa’s onchain dashboard. In June alone, stablecoin activity increased to a record $1.79 trillion in adjusted transaction volume, up 63% from May’s $1.1 trillion and 125% from about $795 billion in…

UK FCA Publishes Review of AI Impact on Retail Financial Services

The United Kingdom’s Financial Conduct Authority (FCA) has issued a broad regulatory blueprint for retail financial services, warning that retail financial services are hurtling toward total automation driven by autonomous “agentic AI.” The landmark report, “AI and the future of retail financial services,” spearheaded by executive director Sheldon Mills, details a structural shift away from…

Strategy BTC Sales Spark 4% BTC Price Dip Toward $61,000

Bitcoin (BTC) saw flash volatility into Monday’s Wall Street open as markets reacted to tech company Strategy’s new BTC sales. Key points: Bitcoin reacts sharply to news that Strategy had sold nearly 3,600 BTC. A rebound during the US trading session failed to recoup more than half of the day’s losses. Strategy may reveal a…

Belgium Adds Six Crypto Firms to Fraud List Under Mica Rules

Belgium’s financial markets regulator warned consumers against six crypto-asset service providers (CASPs) it said were operating in the country without authorization, days after the European Union’s Markets in Crypto-Assets (MiCA) licensing deadline took effect.  On Monday, the Financial Services and Markets Authority (FSMA) identified several CASPs active in Belgium without authorization under MiCA regulation. FSMA…

Russia’s largest bank plans crypto wallet launch as Moscow clears market path

Non-qualified investors will be allowed to trade under testing requirements and limits capped at roughly 300,000 rubles (around $3,800) per year, while market participants will have until July 1, 2027, to enter the official registry. Russia’s complicated crypto history The developments follow years of resistance from the Bank of Russia. In January 2022, the central…