Crypto Breaking News

Standard Chartered's Daniel Lam says the US equities market is "probably going to have a little bit of mild correction, not a lot, or stay around the current levels." He also tells Bloomberg Television that "the next area of this AI cycle is going to be the internet stocks."

Bitcoin (CRYPTO:BTC) futures open interest fell from US$26.0 billion to US$20.89 billion during June, a 19.5% decline that exceeded the cryptocurrency's 11.4% price drop over the same period.

Fomo, a social trading and token discovery platform, raised US$75 million in a Series B funding round led by Index Ventures that valued the company at US$550 million.

Binance accounts for roughly 1% of its spot trading volume in euro-denominated pairs, according to data cited by CryptoQuant as the exchange navigates uncertainty around its European regulatory status.

SpaceX shares slipped for a third straight day, shedding hundreds of billions of dollars in market value, after the company said it is selling investment-grade bonds for the first time. Bloomberg's Anthony Stephens and Norah Mulinda break down the latest developments.

Enso, a Switzerland-based Web3 development platform, launched a real-world asset application that provides access to more than 500 tokenised assets.

Paraguay's National Power Administration (ANDE) secured a court ruling against two individuals convicted of using stolen electricity to mine Bitcoin (CRYPTO:BTC) through illegal connections to the power grid.

BlackRock and JPMorgan Chase have presented contrasting views on where investor capital may flow next, with BlackRock highlighting Bitcoin (CRYPTO:BTC) and JPMorgan pointing to artificial intelligence.

Franklin Templeton completed its acquisition of 250 Digital and launched Franklin Crypto, a new division that combines the acquired firm's crypto strategies with its existing digital asset operations.

Toss Bank, South Korea's third-largest internet-only bank, signed a memorandum of understanding with Solana (CRYPTO:SOL) to test stablecoin-powered cross-border remittance infrastructure for its approximately 15 million customers.

Bitmine purchased 52,203 Ethereum (CRYPTO:ETH) worth about US$90 million, increasing its holdings to 4.7% of Ethereum's total supply and moving closer to its 5% ownership target.

Ethereum (CRYPTO:ETH) added a new independent research organisation after Ethlabs launched with support from ecosystem backers and five former Ethereum Foundation researchers.