Author: John Smith
U.S. spot Bitcoin ETFs recorded about $527 million in net outflows over the four trading days ending July 2. The loss marked the eighth straight negative week for the funds and set their longest weekly outflow run since launch. Summary Bitcoin ETFs posted their eighth weekly outflow, even after July 2 brought renewed daily inflows. IBIT extended its redemption run, while Fidelity and ARK funds led the rebound day overall. Ether ETFs also stayed negative for the week, but Hyperliquid products still attracted new capital. The weekly decline came even after the products returned to daily inflows on July 2.…
Revolut has confirmed it will remove Tether’s USDT from eligible European accounts after new European Union crypto rules took effect under the Markets in Crypto-Assets (MiCA) framework. Summary Revolut will delist USDT for eligible European users under the EU’s MiCA regulations. Users can buy USDT until July 6 and withdraw or sell holdings until Aug. 31. Tether also recently froze 131 TRON wallets after new U.S. sanctions targeted ISIS-K-linked addresses. According to an email sent by Revolut to affected customers, the fintech company will phase out support for USDT over the next two months, giving users until Aug. 31 to…
CryptoQuant has reported that Bitcoin’s realized profit and loss ratio has dropped to a 43-month low of -0.35, a level that has historically appeared near major market bottoms. Summary CryptoQuant says Bitcoin’s realized P&L ratio has fallen to a 43-month low, a level previously seen near market bottoms. U.S. spot Bitcoin ETFs recorded $221.7 million in inflows, ending a 10-day outflow streak as Bitcoin rebounded. Bitwise CIO Matt Hougan says reduced leverage could signal the final stage of Bitcoin’s correction before a potential fall rally. According to blockchain analytics platform CryptoQuant, Bitcoin’s realized profit and loss ratio has fallen to…
India has opened an investigation after reports alleged that Indian nationals were trafficked into Myanmar and forced to carry out crypto fraud operations inside cyber scam compounds. Summary India has launched an investigation into reports that Indians were trafficked to Myanmar and forced into crypto scam operations. Victims allegedly accepted fake overseas job offers before being moved to cyber scam compounds where passports were confiscated. Authorities in India, Myanmar and the U.S. have stepped up efforts to disrupt cyber scam networks tied to cryptocurrency fraud. According to police in the western Indian state of Maharashtra, authorities have registered a criminal…
President Donald Trump’s memecoin has generated a reported $636 million payout for him while nearly 1 million buyers have collectively lost $3.81 billion, according to newly analyzed blockchain data and financial disclosures. Summary Nansen said nearly 989,000 TRUMP memecoin wallets lost a combined $3.81 billion by the end of June. Trump’s 2025 financial disclosure reported a $636 million payout from the TRUMP memecoin and at least $1.4 billion in crypto-related income. The disclosure has renewed political scrutiny, with Sen. Kirsten Gillibrand pushing for stricter ethics rules in pending crypto legislation. According to a report by The New York Times, citing…
On June 30, more than 140 companies, including Visa, Mastercard, Stripe, BlackRock, Google, and Circle’s most important ally, Coinbase, unveiled a stablecoin designed to give away the exact revenue stream Circle lives on. CRCL cratered 17% in a day and is down nearly 40% on the month. This is the story of how a moat made of partnerships gets drained by the partners. Summary More than 140 major firms backed Open USD, a shared-economics stablecoin that directly challenges Circle’s reserve-yield business model. Circle’s stock plunged after the launch, as investors priced in the risk of partners capturing stablecoin reserve income…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Gold’s modern market history reflects decades of price swings shaped by inflation, interest rates, central bank actions, and geopolitical events. Summary Gold’s post-1971 history reflects decades of inflation, monetary policy, crises, and shifting investor sentiment. Gold prices have been shaped by inflation, central bank policies, and geopolitical events since leaving the gold standard. From Bretton Woods to the 2008 crisis, gold’s market history highlights the impact of macroeconomic and policy shifts. In open markets, gold has only been on…
June delivered the worst month in the history of United States spot Bitcoin ETFs, with more than $4 billion pulled and 2026 flows turning negative for the first time. Over the same 2 weeks, the largest wallets on the network absorbed 270,000 BTC. One of these cohorts is going to be wrong, and the last 3 cycles say which one it usually is. Summary U.S. spot Bitcoin ETFs saw record June outflows, with more than $4 billion leaving as institutional risk appetite weakened. Whale wallets accumulated about 270,000 BTC worth $16.7 billion during the same period, signaling strong on-chain buying.…
On July 7, 3 weeks after the largest IPO in history, SPCX enters the Nasdaq-100 with billions in passive index buying behind it. The more interesting market is the one Wall Street does not run: tokenized shares on Solana, perpetual futures that priced the listing before bankers did, a $557 million subscription campaign that had to refund almost everyone, and 18,712 Bitcoin sitting on the rocket company’s balance sheet. Summary SpaceX’s Nasdaq-100 entry will bring estimated passive buying while crypto markets already trade its exposure around the clock. Tokenized shares, tracker products, and perpetual futures turned SPCX into a live…
On July 1, Robinhood launched its own blockchain, joining Coinbase, Stripe, Circle, and Tether in the fastest-moving infrastructure race in crypto: giant consumer companies building their own rails instead of renting someone else’s. The land grab has a clear logic, clear winners, and one uncomfortable question about what happens to the neutral chains everyone used to build on. Summary Robinhood has joined Coinbase, Stripe, Circle, and Tether in building its own blockchain, accelerating the corporate race to own crypto infrastructure instead of relying on public networks. Corporate chains promise higher margins, greater product control, and built-in user distribution, making infrastructure…