Moonbeam Pivots From Polkadot to Base to Build AI Agents

Polkadot-based interoperability protocol Moonbeam said it is pivoting to Ethereum layer 2 Base to launch an AI agent communication and settlement network, aimed at capturing a share of the emerging market.  “This is a pivot to the most exciting frontier in crypto: autonomous AI agents that find each other, negotiate work, and pay each other…

ESMA Says Many Prediction Market Contracts Fall Under Existing EU Rules

The European Securities and Markets Authority (ESMA) has warned that many prediction market contracts may already fall under existing restrictions on binary options, saying companies cannot avoid financial regulations simply by marketing them as “event contracts.” In a public statement on Friday, the regulator reminded companies that event contracts meeting the definition of financial instruments are…

Tim Draper Denies Moving BTC After Coinbase Transfer Claim

Billionaire investor and longtime Bitcoin bull Tim Draper has denied moving his Bitcoin after blockchain analysts linked him to a large BTC transfer to Coinbase Prime. “Haven’t touched my BTC,” Draper told Cointelegraph on Friday, adding that he still expects Bitcoin to reach $250,000 within one year. The statement came after blockchain analytics platform Lookonchain…

Tokenization’s next use case is personalized portfolios, NYLIM executive says

NYLIM was the latest entrant to the list of asset management giants making moves in tokenization, teaming up with Centrifuge (CFG) to bring one of its high-yield corporate bond strategies onchain. For NYLIM, tokenization is less about launching blockchain versions of existing funds than improving how portfolios are assembled. Sy said customized investment strategies often…

Revolut Notifies Customers of USDT Delisting

Revolut, a crypto-friendly digital banking platform headquartered in the United Kingdom, notified some users it will delist Tether USDt (USDT) stablecoin in August, citing regulatory and risk concerns. In a Friday customer notice seen by Cointelegraph, Revolut said users will no longer be able to buy USDT starting July 6, with full delisting scheduled for…

Bitcoin is Close to Sealing a Key “W”-Shaped Reversal Pattern, Notes John Bollinger

Bitcoin (BTC) is completing a “perfectly fractal” reversal pattern that a well-known analyst hopes could end the bear market. Key points: Bitcoin is on the final leg of what could become a major “W”-shaped reversal pattern. John Bollinger suggests that its success could “break” the downtrend in place since October 2025. Institutional interest slowly returns…

XRP price jumps 8%, Ripple-linked token may provide great risk-reward at these levels

XRP holders are underwater by more, on average, than they have ever been, according to onchain data that some traders treat as a contrarian floor signal. The reading comes from MVRV, or market value to realized value, a ratio that compares XRP’s price with the average price at which its supply last moved. When it…

US Law Enforcement Groups No Longer Opposes CLARITY Act

The Major County Sheriffs of America reportedly said it no longer opposes the CLARITY Act after initially raising concerns over how the bill would affect illicit finance investigations. In a letter to US Senate Banking Committee chair Tim Scott and Senator Elizabeth Warren on Friday, the MCSA said it shifted its stance on the CLARITY…

Bitcoin, ETH Bounce Off Yearly Lows As Bulls Turn Up to Buy Dips

Bitcoin (BTC) rallied, $50 short of $63,000, on July 3, and Ether (ETH) outperformed the wider market, pushing to $1,775. The end-of-week rally comes a few days after BTC fell to a 21-month low and ETH sank to fresh year-to-date lows. Highlighting the negative sentiment, the Crypto Fear & Greed index registered “Extreme Fear” at…

Taiko Fully Restores Network After Bridge Exploit

Ethereum layer-2 blockchain Taiko reopened its bridge and restored full operations after a June exploit drained up to $1.7 million.  On Thursday, Taiko announced that users could once again move funds to and from the network after completing the final stage of its four-step recovery plan. The project said it had made all victimized users…