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Simply the latest news, updated on the hour.

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

  1. 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…

  2. 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.

  3. 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…

  4. 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.

  5. 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."

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CoinDesk

  1. 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, News

    GOOD 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…

  2. OpenAI Warns That Tokenized Equity Sale on Robinhood Is Unauthorized coindesk.com 6 hours ago by Sam Reynolds
    Markets, Robinhood, Openai, News

    Tokenized equity offerings for OpenAI being offered to Robinhood users in Europe are not officially authorized by the company, the AI giant sa…

  3. 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, News

    A New York bankruptcy court has given Celsius the go-ahead to pursue the bulk of its $4 billion lawsuit against stablecoin issuer Tether, acco…

  4. 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, News

    The 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…

  5. 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, News

    The U.S. Securities and Exchange Commission's leaders are reviewing the agency's recent approval of a Grayscale effort to convert a fund into …

More in CoinDesk …

Decrypt

  1. Inside the Controversy Brewing Over Robinhood’s Tokenized Stocks decrypt.co 2 hours ago by Jason Nelson,Sebastian Sinclair
    Business

    Robinhood’s tokenized stocks drew fire from the ChatGPT maker and critics who say the product offers no real equity and lacks transparency.

  2. Solana Staking ETF Bags $12M in Wall Street Debut decrypt.co 6 hours ago by André Beganski
    Coins

    The 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.

  3. Peter Thiel, Tech Billionaires to Form Bank for Crypto, AI Startups decrypt.co 7 hours ago by Liz Napolitano
    Business

    The proposed bank, called Ererbor, will service firms in crypto, defense, AI and other sectors that have historically been barred from working…

  4. Ethereum, Dogecoin Soar as Bitcoin Hits Highest Price in 3 Weeks decrypt.co 7 hours ago by James Rubin
    dogecoin, Markets

    Bitcoin came close to a return to $110,000 on Wednesday as major altcoins like Ethereum and Dogecoin put up larger gains.

  5. SEC Hits Pause on Grayscale's XRP, Solana and Cardano ETF Conversion decrypt.co 7 hours ago by Sander Lutz
    Law and Order

    Though the agency greenlit the partially altcoin-exposed ETF this week, it also paused the approval until further notice.

More in Decrypt …

AMBCrypto

  1. '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 View

    Senate passes Trump-backed bill with deep tax cuts amid sharp bipartisan division. Crypto tax relief was excluded, leaving miners and stakers …

  2. 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, News

    Ethereum whales scooped up over 1.49 million ETH over the last 30 days. Binance records 100k ETH worth $250 million in inflow, signaling aggre…

  3. 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, News

    Sei's network growth accelerates, with active addresses crossing 600K and transactions topping 1.6million. SEI faces stiff resistance at $0.30…

  4. 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 View

    BTC briefly cooled off on the 1st of July on Powell’s inflation fears.  QCP Capital projected a range-bound market, citing Option market posit…

  5. 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, Pepe

    PENGU defies the broader memecoin sell-off, reclaiming key levels with a 50%+ weekly rally. Is the memecoin setting up a breakout fractal simi…

More in AMBCrypto …
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