AI Summary
- BlackRock's Bitcoin ETF is now generating more revenue than its S&P 500 fund, despite having a much higher expense ratio, indicating strong institutional interest in cryptocurrency investment products.
- Crypto billionaire Tim Heath survived a kidnapping attempt in Estonia, showcasing the risks associated with wealth in the crypto space as "wrench attacks" become a growing concern.
- Ripple has applied for a national banking license in the U.S., following a trend among cryptocurrency firms seeking regulatory legitimacy amid ongoing legislative developments regarding stablecoins.
- Bitcoin reached a high nearing $110,000, yet professional traders exhibit skepticism about the price momentum, suggesting potential volatility in the near future.
- The European Central Bank plans to pilot a blockchain-based euro settlement system by 2026, marking a significant step towards integrating digital currencies into traditional financial systems.
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Cointelegraph
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BlackRock Bitcoin ETF earns more than its flagship S&P 500 fund
cointelegraph.com
an hour ago
by Cointelegraph by Ciaran Lyons
BlackRock’s Bitcoin ETF is earning more in annual fees than the firm’s signature S&P 500 fund, despite having an expense ratio almost nine tim…
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Crypto billionaire bit off kidnapper’s finger during ambush: Report
cointelegraph.com
2 hours ago
by Cointelegraph by Stephen Katte
Crypto billionaire Tim Heath lost a tooth but took a finger in a 30-second struggle with kidnappers in Estonia last year, a court has heard.
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Ripple applies for US banking license, joining crypto rush for legitimacy
cointelegraph.com
4 hours ago
by Cointelegraph by Jesse Coghlan
Ripple has followed Circle in looking to be its own bank after Congress moved ahead with a bill to regulate stablecoin issuers under the natio…
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Bitcoin rallies to $109.7K but pro traders question BTC’s price momentum
cointelegraph.com
4 hours ago
by Cointelegraph by Marcel Pechman
Bitcoin moved closer to its all-time high today, but several data points suggest pro traders are not on board yet.
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OpenAI says Robinhood tokens are not equity in the company
cointelegraph.com
6 hours ago
by Cointelegraph by Vince Quill
The platform's OpenAI private equity tokens were disavowed by the company, prompting OpenAI co-founder, Elon Musk, to call the AI firm "fake."
CoinDesk
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Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch
coindesk.com
2 hours ago
by Sam Reynolds
Markets, SOL, Solana, NewsGOOD MORNING, ASIA. HERE'S WHAT'S MAKING NEWS IN THE MARKETS: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. ho…
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OpenAI Warns That Tokenized Equity Sale on Robinhood Is Unauthorized
coindesk.com
6 hours ago
by Sam Reynolds
Markets, Robinhood, Openai, NewsTokenized equity offerings for OpenAI being offered to Robinhood users in Europe are not officially authorized by the company, the AI giant sa…
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NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether
coindesk.com
7 hours ago
by Cheyenne Ligon
Policy, Tether, Celsius, Bankruptcy, NewsA New York bankruptcy court has given Celsius the go-ahead to pursue the bulk of its $4 billion lawsuit against stablecoin issuer Tether, acco…
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Spot Ethereum ETFs Could See Explosive Growth in H2 2025, Says Bitwise CIO
coindesk.com
8 hours ago
by Siamak Masnavi
Markets, AI Market Insights, Technical Analysis, Ethereum, Arbitrum, ETH, Robinhood, NewsThe Ether (ETH) price surged to $2,601 on July 2, capping a breakout that began after 16 hours of tight consolidation, according to CoinDesk R…
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SEC Halts Grayscale Large Cap Fund Conversion for 'Review' a Day After Staff Approval
coindesk.com
8 hours ago
by Nikhilesh De
Policy, SEC, Grayscale, fund, ETF, Top Stories, NewsThe U.S. Securities and Exchange Commission's leaders are reviewing the agency's recent approval of a Grayscale effort to convert a fund into …
Decrypt
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Inside the Controversy Brewing Over Robinhood’s Tokenized Stocks
decrypt.co
2 hours ago
by Jason Nelson,Sebastian Sinclair
BusinessRobinhood’s tokenized stocks drew fire from the ChatGPT maker and critics who say the product offers no real equity and lacks transparency.
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Solana Staking ETF Bags $12M in Wall Street Debut
decrypt.co
6 hours ago
by André Beganski
CoinsThe SEC is expected to approve several Solana-focused ETFs this year, but the Rex-Osprey Solana + Staking ETF is the first in the U.S.
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Peter Thiel, Tech Billionaires to Form Bank for Crypto, AI Startups
decrypt.co
7 hours ago
by Liz Napolitano
BusinessThe proposed bank, called Ererbor, will service firms in crypto, defense, AI and other sectors that have historically been barred from working…
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Ethereum, Dogecoin Soar as Bitcoin Hits Highest Price in 3 Weeks
decrypt.co
7 hours ago
by James Rubin
dogecoin, MarketsBitcoin came close to a return to $110,000 on Wednesday as major altcoins like Ethereum and Dogecoin put up larger gains.
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SEC Hits Pause on Grayscale's XRP, Solana and Cardano ETF Conversion
decrypt.co
7 hours ago
by Sander Lutz
Law and OrderThough the agency greenlit the partially altcoin-exposed ETF this week, it also paused the approval until further notice.
AMBCrypto
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'One Big Beautiful Bill' passed - But is crypto being pushed to the side?
ambcrypto.com
an hour ago
by Ishika Kumari
News 1, Social, Trading View, Bitcoin, News, BTC Trading ViewSenate passes Trump-backed bill with deep tax cuts amid sharp bipartisan division. Crypto tax relief was excluded, leaving miners and stakers …
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Ethereum at $2.4K crossroads: Foundation dumps, whales accumulate - What's next?
ambcrypto.com
2 hours ago
by Gladys Makena
News 1, Social, Trading View, Altcoin, Ethereum, NewsEthereum whales scooped up over 1.49 million ETH over the last 30 days. Binance records 100k ETH worth $250 million in inflow, signaling aggre…
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SEI crypto: 600K active users meet bearish bets - What cracks first?
ambcrypto.com
3 hours ago
by Evans Boto
News 1, Social, Trading View, Altcoin, NewsSei's network growth accelerates, with active addresses crossing 600K and transactions topping 1.6million. SEI faces stiff resistance at $0.30…
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Why is crypto down today? Trump vs. Musk, Fed jitters, and more
ambcrypto.com
4 hours ago
by Benjamin Njiri
News 1, Social, Trading View, Bitcoin, News, BTC Trading ViewBTC briefly cooled off on the 1st of July on Powell’s inflation fears. QCP Capital projected a range-bound market, citing Option market posit…
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Pudgy Penguins mimics PEPE’s 2024 pattern: Can PENGU breakout beyond $0.025?
ambcrypto.com
6 hours ago
by Ritika Gupta
News 1, Social, Trading View, News, Memecoins, PepePENGU defies the broader memecoin sell-off, reclaiming key levels with a 50%+ weekly rally. Is the memecoin setting up a breakout fractal simi…