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US spot Bitcoin exchange-traded funds (ETFs) drew their largest daily inflow since May after a weaker-than-expected jobs report eased rate-hike concerns and helped the digital asset recover from a fresh bear-market low earlier in the week. The funds recorded $223 million in net inflows on Thursday, ending a 10-day stretch of withdrawals that had drained … Read more
The GENIUS Act’s one-year rulemaking deadline lands on July 18, and markets have mostly priced it as a legitimacy milestone for stablecoins. Mike McCluskey, CEO of tx, and Zaheer Ebtikar, chief strategy officer at Plasma, read it as a cost-visibility event that decides which issuers can afford to keep operating. GENIUS became law on July 18, … Read more
France’s crypto security problem is expanding beyond private keys to include the people whom attackers can identify, threaten, and force to authorize transfers. Interior Minister Laurent Nuñez said French authorities have recorded 77 cases this year involving unlawful confinement, abduction, extortion, or attempted extortion tied to crypto-sector actors, according to <a href=”https://www.bfmtv.com/crypto/cryptomonnaies-laurent-nunez-promet-de-renforcer-la-securite-des-acteurs-du-secteur_AD-202606300994.html”>BFM TV</a>. Le Parisien, … Read more
Venice, the AI platform behind the VVV token, raised $65 million in a Series A led by Dragonfly at a $1 billion equity valuation, its first outside capital raise. The company chose stock over its own token, and the market is already arguing about what that choice means for VVV holders. Series A investors received … Read more
Open Standard’s Open USD is trying to make the stablecoin yield fight about distribution before the token is live. The company announced Open USD on June 30 as a stablecoin for global money movement. Its headline feature is a reserve-sharing model: businesses can mint and redeem at no cost, without artificial volume caps, while partners … Read more
Australia’s July 1 AML/CTF deadline has turned regulated crypto transfers into a data workflow for exchanges and other virtual asset service providers. Users can still hold and move crypto in self-custody. The friction begins when funds pass through a reporting entity, where a transfer instruction can trigger identity, wallet, counterparty, secure-messaging, and record-keeping checks before … Read more
Bitcoin’s dominance dropped to a one-month low of 54%, down from 58.12%, according to CoinGecko’s dominance table. Over the same stretch, the “Others” bucket, representing everything outside Bitcoin, Ethereum, and stablecoins, climbed from 19.39% to 24.68% of total crypto market cap. BTC dipped below $58,000 last week, then recovered to find an intraday high of … Read more