Former Goliath CEO Pleads Guilty to Crypto Fraud, Money Laundering

Former Goliath Ventures CEO Christopher Alexander Delgado pleaded guilty to his role in a crypto investment scheme that prosecutors said raised at least $400 million from investors. On Tuesday, the US Department of Justice (DOJ) said Goliath promised investors monthly returns generated through digital asset liquidity pools between January 2023 and January 2026. Prosecutors said…

Bitcoin Will ‘Likely Bottom Below’ Its $53,000 Realized Price This Bear Market

Bitcoin (BTC) is fast approaching a buying level that analysts describe as a top “investment opportunity.” Key points: Bitcoin only needs to dip another $5,000 to hit a buy-in level that has always marked the bear-market bottom zone. This “best” area to invest is now on the radar of traders and analysts alike. PlanB describes…

1,700 UK Investors Sue Binance Over Derivatives Offerings

Almost 1,700 UK investors are reportedly suing Binance and its founder Changpeng Zhao for 150 million British pounds ($200 million), alleging the crypto exchange offered and sold crypto derivatives without regulatory approval. The law firm representing the investors, KP Law, said Binance’s leverage tokens, futures contracts and options offerings breached the Financial Services and Markets…

U.S. senators seek to block foreign adversaries from AI technology in new bill

The U.S. Commerce Department would have more authority to shield domestic artificial intelligence technology from the supply chains of foreign adversaries in a bill introduced Tuesday by two Republican senators who’ve been at the center of crypto legislation in this congressional session: Tim Scott and Bill Hagerty. The new bill would give Commerce the ability…

Has Strategy’s New Framework Defused STRC ‘Death Spiral’ Fears?

With Bitcoin plunging below $60,000 and Strategy’s share price down by more than 70% from the high, some crypto investors are questioning if Strategy could become this cycle’s Terra/LUNA — a highly leveraged bet on crypto market structure that explodes under stress. The company’s response? A new capital framework released on Monday aimed at addressing…

Hyperliquid’s $10B Open Interest Shows Cross-Asset Growth in Equities, Commodities: Talos

Hyperliquid’s perpetual futures open interest recently exceeded $10 billion as the platform expanded into equity-linked products, commodities and synthetic pre-IPO trading. Hyperliquid is now the third-largest perpetual futures exchange, with growth driven primarily by crypto assets and supported by expanding trading in equities, commodities and indexes through Hyperliquid Improvement Proposal-3 (HIP-3), according to digital asset…

Bitmine ETH Buys Overshadowed By $345M ETF Outflow

Key takeaways: The Spot Ether ETF outflows overwhelmed BitMine’s ETH accumulation, raising the chance of a drop below the $1,500 support. Falling DApps revenue and weak staking yields highlight limited ecosystem incentives despite tokenization potential. Ether (ETH) has failed to sustain prices above $1,600 since Thursday, following the broader cryptocurrency market’s downtrend. Lower oil prices…

Massachusetts AG Files Amended Lawsuit Against Kalshi over Sports Betting after Court Ruling

Prediction markets platform Kalshi’s legal battle against Massachusetts will continue after a judge ruled that state authorities could add allegations against the company over sports betting. In a Tuesday filing in Suffolk County Superior Court, associate justice Peter Krupp allowed state authorities to file a 71-page amended complaint, building on a filing alleging that Kalshi…

Bitcoin Open Interest Surges Into Lows After US Dollar Hits New 40-Year Yen High

Bitcoin (BTC) fell toward $58,000 around Tuesday’s Wall Street open as the clock ticked down to a brutal quarterly close. Key points: US stocks’ Q2 gains leave Bitcoin far behind as bulls nurse losses of nearly 20%. Bitcoin faces renewed pressure from the risk of Japanese government moves to support the yen. BTC price weakness…

Spiko Links Ucits Treasury Funds to Coinbase Payments

Investment firm Spiko has integrated Coinbase’s stablecoin payment infrastructure into two regulated EU Treasury-bill funds, allowing eligible investors to fund subscriptions and receive redemption proceeds using USDC and EURC.  Coinbase said Tuesday the integration covers Spiko’s EU T-Bills Money Market Fund and US T-Bills Money Market Fund. Both are structured as Undertakings for Collective Investment…