Dormant $1.9M Bitcoin Tied to New York Lawsuit Moved after 15 Years

A dormant Bitcoin address transferred 30 BTC worth about $1.88 million for the first time in almost 15 years. Bitcoin address “1KV47” made its first outgoing transfer on Saturday since receiving 30 BTC in August 2011, blockchain data shared by Galaxy Research shows. The address is among 39,069 listed in a New York lawsuit filed…

Europe Warns AI Threatens Financial Stability

European regulators and central bankers have warned that rulemaking cannot keep pace with rapid advances in agentic artificial intelligence and have called for guardrails to protect the financial system.  Bank of England deputy governor Sarah Breeden is one of several central bankers who have said that agentic AI could amplify volatility during bouts of market…

Metaplanet Buys 2,823 BTC, Surpasses 43,000 in Bitcoin Holdings

Japanese investment company Metaplanet acquired 2,823 Bitcoin during the second quarter at a price below its average purchase price, as its holdings surpassed 43,000 BTC. The company acquired its latest trove at an average price of about 12.71 million yen ($78,850 at current exchange rates), reducing its average acquisition cost to about $95,117 per BTC…

Clarity and Congress’s summer break: State of Crypto

The president also disclosed holding north of $100 million in various cryptos, and a few smaller stakes in firms like Corewave. Senator Elizabeth Warren, the senior-most Democrat on the Banking Committee, called for an ethics provision in the Clarity Act in a statement after the disclosure, saying, “The crypto legislation heading to the Senate floor…

Dubai Tops Asian Crypto Hubs, India Isolates Banks From Crypto: Asia Express

India’s central bank revives push to isolate banks from crypto: Report The Indian central bank reportedly urged lawmakers to keep banks insulated from crypto and private stablecoins while preserving room for regulated tokenization. According to a report by The Economic Times, RBI Deputy Governor Rohit Jain and Executive Director P. Vasudevan presented the central bank’s…

Can Bitcoin Price Action Avoid Another ‘Absolutely Terrible’ Monday at $63,000?

Bitcoin (BTC) consolidated near two-week highs into Sunday’s weekly close as traders geared up for fresh market turbulence. Key points: Bitcoin approaches its highest levels in two weeks, but Mondays have been “terrible” for BTC price action, a trader warns. BTC/USD is in the process of deciding the fate of its 200-week moving average. Crypto…

South Africa’s Tax Authority Proposes Crypto Tax Guidance

South Africa’s tax authority has proposed new guidance that clarifies how crypto assets are taxed under existing income and capital gains tax frameworks. The South African Revenue Service (SARS) on Wednesday published draft guidelines on crypto asset taxation, applying South Africa’s existing tax framework, primarily the Income Tax Act, 1962, alongside capital gains tax rules….

Americans traded $571 million on Polymarket politic bets despite U.S. ban

As such, Allium can tie only about 6% of Polymarket’s political-market wallets to a country – so the firm says the figures should be read as directional rather than exact. Polymarket did not immediately respond to request for comments ahead of U.S. market hours. Meanwhile, a further interesting bit is what Americans bet on. Geopolitics…

Is Bitcoin Heading for $65K? Sharplink Buys $16M ETH. Market Moves.

Bitcoin rises amid Fed inflation talks: Bull trap or $65K next? Bitcoin (BTC) reacted positively to US Federal Reserve Chair Kevin Warsh’s remarks on stubborn inflation. Despite the gains on Wednesday, traders fear that incentives for fixed-income investments and strong earnings momentum in tech stocks will continue to pressure non-yield-bearing assets like cryptocurrencies. Michael van…

Binance Sees $1.23B Outflows as ETH Withdrawals Surge

Binance, the world’s largest crypto exchange by trading volume, recorded a sharp surge in weekly outflows as Ethereum withdrawal activity climbed to a multi-year high. According to DefiLlama data viewed by Cointelegraph on Sunday, Binance saw $1.23 billion in net outflows during the week beginning June 29, a 207% increase from roughly $400 million the…