No Monday Buy, but Strategy Reports $14B Bitcoin Gain
On a day when several major corporate buyers added to their Bitcoin (BTC) treasuries, Strategy stood pat on its signature Monday announcement. However, the business intelligence giant made up for the pause with some staggering financial news: it raked in more than $14 billion in unrealized gains in the second quarter of 2025. The $14 […]
Russia Creates Registry of Crypto Mining Equipment to Tighten Oversight
Russia’s Ministry of Energy has compiled a registry of cryptocurrency mining equipment, a step officials say will help identify mining operations and bring them under new regulatory and tax rules. Deputy Energy Minister Petr Konyushenko told state news outlet RIA Novosti the list has been distributed to regions where mining activity is high. “The creation […]
Altcoin Season Index Signals Summer Low as Market Cycles Point Toward Possible Shift
The Altcoin Season Index has dropped to 29, placing it well below the threshold that signals altcoin dominance. According to five years of data, this pattern has emerged repeatedly, with altcoin momentum often fading in early summer. Each time the index bottomed between May and July, altcoins rallied strongly in the second half of the […]
Russia Targets Illegal Crypto Mining With New Registry Plan
Russia launched a crypto mining registry to track rigs and reduce electricity theft. Only 30% of miners registered in Russia. New enforcement measures target the remaining 70%. Illegal operations face fines up to 2 million rubles and long-term regional bans. Russia has launched a national registry of cryptocurrency mining equipment to eliminate illegal mining activity […]
Vitalik Buterin’s EIP-7983 Proposes Gas Cap For Ethereum
EIP-7983 proposes a 16.77M gas cap to enhance Ethereum’s security and performance. Most current Ethereum transactions remain under the cap, limiting user impact. The gas limit supports zkVMs by requiring large transactions to be split into parts. Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter introduced EIP-7983, a proposal to enforce a gas cap of […]
Crypto Miner Bit Digital Up 26% After Swapping Bitcoin for Ether
Bit Digital (BTBT) is now the owner of more than 100,000 ether (ETH) after swapping out its bitcoin stack along with a $172 million capital raise for even more of the world’s second-largest crypto. From a holding of 24,434 ETH as of the end of March, Bit Digital now has approximately 100,603 ETH ($189.2 million) […]
XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029
XRP slipped to around $2.22 on July 7, marking a quiet session for the token. That price sits well below what many crypto backers think it should be. They point to XRP’s speed, its ability to handle thousands of transfers every second, and a growing list of real‑world partnerships as reasons it’s undervalued. XRP Eyes […]
SEC Sets July Deadline for Solana ETF Refilings, Clearing Path for Pre-October Approval
The road to a spot Solana (SOL) exchange-traded fund (ETF) could be much shorter than expected. The Securities and Exchange Commission asked prospective issuers to respond to comments and re-file amended S-1 documents before the end of July, two people familiar with the matter told CoinDesk. Technically, the SEC has until October 10 to approve […]
Polymarket Embroiled in $160M Controversy Over Whether Zelensky Wore a Suit at NATO
Crypto-focused prediction market Polymarket is facing a fresh dose of criticism this week in relation to a market on whether Ukrainian President Volodymyr Zelenskyy would wear a suit before July. More than $160 million worth of crypto was bet on the market, with the initial outcome of “yes” being disputed by the validators behind UMA, […]
Threshold’s Bitcoin Backed tBTC Debuts on Sui, Unlocking $500M in Liquidity
Threshold Network’s tBTC, an ERC-20 token backed 1-to-1 by bitcoin (BTC), debuted on Sui on Monday as Threshold looks to expand BTCFi in the Sui ecosystem. The collaboration enables users to deposit their BTC on Sui and mint tBTC, potentially adding over $500 million worth of bitcoin liquidity to the Sui network. It means users […]
ATOM Breaks Resistance Level as Trading Volume Triples
The Cosmos ecosystem token (ATOM) demonstrated significant bullish momentum during a recent 24-hour period from 6 July 15:00 to 7 July 14:00, climbing from $4.05 to $4.10 with strong buyer support at key levels. The move comes as bitcoin ambles its way back to the $110,000 level of resistance, a point it rejected from last […]
Core Scientific, Bitcoin Miners Tumble on CoreWeave Buyout; Jefferies Says Price in Expected Range
AI infrastructure firm CoreWeave (CRWV) has agreed to buy bitcoin (BTC) miner Core Scientific (CORZ) in an all-stock deal valuing CORZ at approximately $20.40 per share, based on recent closing prices. The offer price is near the middle of investment bank Jefferies’ prior estimated takeout range of $16–$23/share. The deal is expected to close in […]