Bitcoin (CRYPTO:BTC) is attracting buying interest from sovereign wealth funds at current price levels, with MidChains Chief Executive Officer Basil Al Askari saying at least one state-owned investment fund has accumulated spot Bitcoin and another may follow in the coming weeks.
Bitmine Immersion Technologies purchased more than 27,000 Ether (CRYPTO:ETH) worth about US$43 million last week, lifting its holdings to more than 5.7 million ETH and increasing its share of Ether's 120.7 million token supply to 4.7%.
Ondo (CRYPTO:ONDO) was trading at about US$0.3084 as analysts monitored a key technical pattern, with a breakout above resistance potentially targeting US$0.325 and a break below support increasing the risk of short-term selling.
Synapse (CRYPTO:SYN) climbed as much as 26% after BitMEX co-founder Arthur Hayes disclosed purchasing 6.16 million SYN tokens worth about US$2.2 million.
Grayscale said Bitcoin (CRYPTO:BTC) could decline further from below US$60,000 if the CLARITY Act fails to pass this year.
Kiwoom Securities is reportedly negotiating to acquire a stake in Bithumb through a third-party allotment of new shares.
Bitcoin infrastructure company Breez has launched a new software development kit feature that lets users send payments from Bitcoin (CRYPTO:BTC) balances as USDC or USDT across more than 30 blockchain networks without first converting their holdings.
Ripple (CRYPTO:XRP) Chief Technology Officer David Schwartz proposed a transaction reservation mechanism for the XRP Ledger (XRPL) that would allow protected transactions to execute before later-submitted transactions in the same ledger.
Ethereum (CRYPTO:ETH) co-founder Vitalik Buterin said combining indistinguishability obfuscation with blockchain technology could allow private applications to operate without trusted third parties by separating shared state from confidential program logic.
Cardano (CRYPTO:ADA) whales increased their holdings in late June, with wallets holding between 10 million and 100 million ADA raising their share of the token's supply from 37.66% to 38.13% even as network activity weakened.
Ukraine's National Agency for Finding, Tracing, and Management of Assets (ARMA) has taken control of more than US$8.3 million in seized Tether (CRYPTO:USDT), marking the country's first transfer of confiscated cryptocurrency into state management.
Coinbase, OKX and Kraken launched promotional offers to attract European Union crypto users as the Markets in Crypto-Assets (MiCA) framework takes effect from 1 July and some exchanges restrict local services.
