Analysts see more upside for SpaceX as post-IPO research begins

Wall Street analysts have begun coverage of SpaceX (SPCX) following the expiration of the 25-day quiet period after the company’s June initial public offering (IPO), with nearly every major brokerage launching their coverage with a bullish rating. The aerospace and satellite company, which held 18,712 bitcoin BTC$63,651.01 as of March 31, went public in June,…

MiCA-Compliant Euro Stablecoin Market Hits $674M: Decta

The market capitalization of compliant euro stablecoins grew 128% in the year leading up to the end of the Markets in Crypto-Assets Regulation (MiCA) transition period, according to payments infrastructure firm Decta. Decta said in a Sunday report that the combined market cap of eight MiCA-compliant euro stablecoins rose to $673.9 million on June 28,…

EU Parliament Adopts Digital Assets Policy Position After MiCA Deadline

EU lawmakers on Tuesday adopted a position paper on digital assets, setting out their view on how the bloc should approach crypto regulation after the rollout of its Markets in Crypto-Assets (MiCA) framework. The paper calls on the European Commission to assess whether activities including decentralized finance (DeFi), crypto lending and borrowing, staking and non-fungible…

Bitcoin NUPL Bottom Not Yet in Sight With BTC Due New Lows

Bitcoin (BTC) has further to fall for one of its “cleanest cycle clocks” to signal a bear-market bottom, new analysis says. Key points: One of Bitcoin’s “cleanest cycle clocks” suggests that new macro lows are needed this bear market. The NUPL metric is still in positive territory, setting it apart from previous bear markets. Analysis…

Injective CEO on Layer-1 Centralization Risk

Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen. This pressure will come from the need to satisfy users’ desire for faster speeds or more block space for higher throughput, Chen told Cointelegraph’s Chain Reaction podcast on Monday. …

Trader Loses $2 Million From Malicious DEX incident

A trader who swapped $2.01 million worth of Ether on a decentralized exchange has been left with just $14,500 worth of tokens after a router directed the order through a low-liquidity pool, allowing an Ethereum block builder to profit massively from a same-block arbitrage trade. The trader swapped 1,126.44 of Ether (ETH) but only received…

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. …