American Bitcoin drops before reverse stock split
American Bitcoin shares fell 8.4% to a record low of US$0.62 after the company confirmed a 1-for-15 reverse stock split designed to maintain compliance with Nasdaq's minimum listing requirements.
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American Bitcoin shares fell 8.4% to a record low of US$0.62 after the company confirmed a 1-for-15 reverse stock split designed to maintain compliance with Nasdaq's minimum listing requirements.
World launched a prediction market protocol on Solana (CRYPTO:SOL) within Phantom Wallet, allowing users to trade event contracts settled automatically through Chainlink (CRYPTO:LINK) oracles using the CASH stablecoin.
SpaceX shares fell about 7% to US$158.63 after Chief Executive Officer Elon Musk rejected a report that the company had developed and demonstrated a prototype artificial intelligence device to investors.
European regulators approved a final round of cryptocurrency licences before the Markets in Crypto-Assets transition period ended.
Circle Chief Executive Officer Jeremy Allaire said USDC's established network of integrations, liquidity and regulatory approvals gives the stablecoin a structural advantage over emerging competitors such as Open USD.
Former Goliath Ventures Chief Executive Officer Christopher Alexander Delgado pleaded guilty to conspiracy to commit wire fraud.
US-listed spot Bitcoin exchange-traded funds recorded a record US$4.5 billion in net outflows during June, exceeding the US$1.25 billion Strategy is authorised to raise through its recently announced Bitcoin monetisation programme.
Manny Rutinel won the Democratic primary for Colorado's 8th Congressional District with 61.7% of the vote.
Jupiter (CRYPTO:JUP) traded near US$0.233 after gaining almost 30% over the past week, as higher protocol revenue and improving technical indicators supported renewed buying interest.
McAfee researchers identified a cryptocurrency-stealing malware campaign called Silent Swap that targets users of Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), XRP (CRYPTO:XRP), Bitcoin Cash (CRYPTO:BCH), Dash (CRYPTO:DASH) and other digital assets by replacing copied wallet addresses with attacker-controlled ones.
Shiba Inu (CRYPTO:SHIB) traded near US$0.00000421 after declining about 24% in June, while whale wallets accumulated 781 billion SHIB by moving tokens from exchanges to private wallets.
Crédit Agricole, through its CACEIS asset servicing division, launched the EURXT euro-backed stablecoin on the Ethereum (CRYPTO:ETH) blockchain with an initial supply of 20.02 million tokens backed by approximately €20.02 million in reserves.
Hyperscale Data acquired 49.249 Bitcoin (CRYPTO:BTC) for approximately US$2.9 million at an average purchase price of about US$58,900 per coin, increasing its corporate treasury holdings.
Four whale wallets accumulated 512,595 Chainlink (CRYPTO:LINK) tokens worth about US$3.78 million over the past four days, coinciding with a recovery that lifted the cryptocurrency close to US$7.40.
Hodli received authorisation from the Bank of Italy to operate as a Crypto-Asset Service Provider under the European Union's Markets in Crypto-Assets framework, becoming Italy's first licensed discretionary crypto portfolio manager.
Ethereum (CRYPTO:ETH) supporters have launched Ethereum Institutional, an independent nonprofit backed by Joe Lubin, BitMine Immersion Technologies and SharpLink to strengthen engagement with financial institutions.
Bank of Korea Governor Hyun Song Shin said tokenised government bonds could improve the issuance, management and settlement of government debt during a panel discussion at the European Central Bank Forum on Central Banking.
Tradeweb completed what it said was the first real-time purchase and sale of a tokenised US Treasury security settled against USDCx, with Franklin Templeton transferring the asset to Virtu Financial over the Canton Network.
Tether's USDT (CRYPTO:USDT) has been removed from regulated European cryptocurrency exchanges after the European Union's Markets in Crypto-Assets framework required licensed platforms to support only authorised stablecoins.
Bitcoin (CRYPTO:BTC) climbed above US$60,400 after US President Donald Trump said talks with Iran were progressing, easing geopolitical concerns and supporting gains across cryptocurrency markets.
Robinhood launched its Robinhood Chain public mainnet and said it plans to introduce cryptocurrency trading in the UK, expanding its digital asset services.
Tennessee has banned cryptocurrency ATMs and Georgia has introduced new operating restrictions, extending a broader US crackdown on crypto kiosks aimed at reducing fraud.
Citigroup lowered its 12-month price targets for Bitcoin (CRYPTO:BTC) to US$82,000 from US$112,000 and Ethereum (CRYPTO:ETH) to US$2,240 from US$3,175.
South Korea's Financial Services Commission (FSC) has referred suspects in two separate cryptocurrency market manipulation cases to prosecutors following its 12th regular meeting.
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