Galaxy Digital Cuts 2026 CLARITY Act Odds to 50%

Galaxy Digital has cut its odds of the CLARITY Act becoming law in 2026 to 50%, warning that the US Senate is running out of time to move the crypto market structure bill before its August recess. “We are reducing our odds of CLARITY Act passage in 2026 to 50-50,” wrote Galaxy’s head of firmwide…

Bitcoin Trader Says ‘It’s 2022 Again’ As RSI Offers A Classic Bull Signal

Bitcoin (BTC) continued its battle to reclaim $60,000 into the weekend as chart cues fueled hopes of a recovery.  Key points: Bitcoin RSI signals spark comparisons to the end of the 2022 bear market as a bullish divergence filters through. Analysis sees “encouraging” evidence of buyers defending the market at $60,000. Some traders still see…

Pudgy Penguins Pushes Beyond NFTs With Target Card Launch

Non-fungible token (NFT) project Pudgy Penguins has expanded the retail reach of its trading card game through a nationwide rollout at Target stores in the US.  According to a press release shared with Cointelegraph, the launch of Vibes Series 3 marks the game’s biggest retail expansion to date and brings the total number of circulated…

Ether Treasury Sharplink Buys $62.4M of ETH in 3 Days

Crypto treasury company Sharplink, which resumed buying Ether last week after an eight-month pause, has bought a total of $62.4 million worth of Ether since Thursday.  Onchain data from Arkham shows that after Sharplink bought 5,000 ETH on Thursday, it bought another 5,000 ETH (worth $7.9 million) on Friday, followed by 29,196 ETH (worth $46.7…

$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record

U.S. spot bitcoin ETFs have recorded $4.06 billion in net outflows this month, according to data from SoSoValue. It marks the largest monthly redemption on record, exceeding the previous high of $3.56 billion in February 2025. Last week, the funds saw redemptions of about $1.79 billion, the second-highest weekly outflow since trading began in January…

EU Crypto Penalty Rules: EBA Unveils Stablecoin Fines Matrix

The European Banking Authority on Friday unveiled a sweeping framework to penalize cryptocurrency issuers that violate the European Union’s digital-asset laws, signaling a tougher enforcement stance as the trade bloc finalizes its historic regulatory architecture. The consultation paper published June 26 establishes a standardized playbook for hitting non-compliant issuers of what the EBA considers “significant”…

50K BTC Flow Adds Pressure To Bitcoin Price: Will The Sell-off Deepen?

Bitcoin (BTC) is showing fresh signs of short-term holder capitulation after roughly 50,000 BTC moved to exchanges at a loss over the past day. At the same time, the market capitalization of short-term holders fell to $237.7 billion, its lowest level since October 2024.  The rise in loss-driven selling comes as tighter monetary conditions and…

Dash Weighs Philippine Entry as Crypto Firms Navigate Regulation

Dash is exploring the Philippines as a potential market for crypto payments, citing demand for lower-cost transactions and the country’s openness to digital finance tools.  In an interview with Cointelegraph at the Philippine Blockchain Week 2026, Daria Chernozub, global adoption lead at Dash Blockchain, said the project focuses on emerging markets where users face high…

Ethereum Foundation Leses Co-Executive Director Amid Leadership Exodus

The Ethereum Foundation has lost another high-ranking contributor amid increasing scrutiny of the research organization as the network faces ongoing questions about talent retention and governance philosophy. In a post on X, co-executive director Hsiao-Wei Wang announced that she had stepped down from her role, effective immediately, following a recent sabbatical. Wang wrote that “Ethereum…

BIS Crypto Warning: Stablecoins and Public Ledgers Flawed, Report Says

The Bank for International Settlements (BIS) warned that the rapid expansion of stablecoins risks fragmenting the global monetary system and weakening sovereign monetary control, urging central banks and the financial industry to accelerate the development of tokenized forms of central bank and commercial bank money as a safer alternative. In its Annual Economic Report published…