Bitcoin's quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears
A sharp rise in the yen has left bitcoin and other major cryptocurrencies underperforming in yen terms compared with their dollarbased trading pairs.…
Bitcoin zips higher to nearly $64,000 as chip rally and yen strength drive gains
Bitcoin is up 4.2% over seven days that contained an oil shock, a bond selloff and two rounds of U.S. strikes on Iran. Source:CoinDesk
New Hampshire snuffs out trailblazing state-government bitcoin bond effort
At its last stage for government approval, the state's executive council rejected the bond project 32. Source:CoinDesk
Grayscale's CFO exits after 7 years with crypto asset manager
Edward McGee stepped down after seven years, weeks after distribution chief John Hoffman left for Ondo Finance. Source:CoinDesk
With SEC fight over, Coinbase's top legal exec Grewal moves on, and others reassigned
Coinbase Chief Legal Officer Paul Grewal will depart the exchange, though he'll continue as an adviser, he said Thursday. Source:CoinDesk
Arbitrum jumps 19% benefitting from Robinhood's $568 million onchain trading frenzy
The brokerage's new blockchain is off to a fast start, with memecoin trading boosting activity and revenue flowing back to the Arbitrum ecosystem.…
Newest version of crypto Clarity Act may drop as soon as next week, sources say
After a long stretch without breakthroughs in the crypto market structure bill, insiders say a new draft may emerge in a final push for lateJuly action —…
Billions flowing out of bitcoin ETFs and private credit funds suggest rising market risks
Redemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF outflows. Source:CoinDesk
AI contracts, not bitcoin, now drive miner valuations, and Cipher and TeraWulf look cheap
Compass Point analysts Michael Donovan and Ed Engel said markets are giving little credit to future AI data center pipelines despite billions of dollars in…
Ethereum's newest nonprofit wants to become Wall Street's guide to crypto
In this week's edition of The Protocol Newsletter, we’re digging into Ethereum Institutional, a new nonprofit aimed at educating financial institutions and…
Aave rolls out vaults for yield-hungry fintech investors
Aave's new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits Source:CoinDesk
Age verification is the surveillance nobody voted for
KOSA and Chat Control both retreated on their mostcriticized measures this week, but both kept mandatory age verification, the quiet mechanism that turns…