The lack of yield-bearing options for US-regulated stablecoins under the GENIUS bill will drive investors to search for interest elsewhere, analysts said. Source: cointelegraph.com (Read Full Article)
Lawsuits piling up against Strategy could take years, go nowhere, lawyer says
At least seven law firms have filed complaints against Strategy, alleging securities fraud. Two crypto lawyers had different takes on the situation. Source: cointelegraph.com (Read Full Article)
GENIUS' ban on stablecoin yield will drive demand for Ethereum DeFi — Analysts
The lack of yield-bearing options for US-regulated stablecoins under the GENIUS bill will drive investors to search for interest elsewhere, analysts said. Source: cointelegraph.com (Read Full Article)
The rise of ETFs challenges Bitcoin’s self-custody roots
The growing popularity of Bitcoin ETFs and treasury companies is reshaping how investors hold Bitcoin — raising questions about the core principle of “not your keys, not your coins.” Source: cointelegraph.com (Read Full Article)
Tornado Cash’s Roman Storm wins partial privacy defense in money laundering trial
Judge lets Tornado Cashs Roman Storm argue privacy use but bars right to privacy claims. Trial expected to last three weeks. The post Tornado Cash’s Roman Storm wins partial privacy defense in money laundering trial appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
Block surges 10% as it joins the S&P 500 index
Block will join the S&P 500 on July 23, sending shares up over 10% in after-hours trading amid rising investor confidence. The post Block surges 10% as it joins the S&P 500 index appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
Peter Thiel-backed crypto exchange Bullish formally files for IPO
Peter Thiel-backed Bullish files for US IPO after reporting $150M in profit and holding $2.4B in customer assets. The post Peter Thiel-backed crypto exchange Bullish formally files for IPO appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
DeFi sector has just reclaimed 2022 highs, with Ethereum asserting its dominance
The Ethereum-dominated DeFi sector has been growing by leaps and bounds, and according to data from Defillama, the total value locked (TVL) in the sector has once again reclaimed 2022 highs. The surge coincides with what Kobeissi analysts are calling the “LARGEST short squeezes in crypto history” as ETH continues to inch closer to all-time […] Source: cryptopolitan.com (Read Full Article)
Bitwise’s Bitwise's Matt Hougan criticizes the comparisons between stablecoins and the 1830s free-banking era
Matt Hougan, Bitwise’s CIO, contributed to the stablecoin regulation discourse, publicly criticizing the frequent comparisons between stablecoins and the free banking era, arguing that the comparison is misleading. With the increased acceptance of stablecoins, arguments between supporters and critics who are wary of the risks associated with cryptocurrencies have intensified. Matt Hougan calls for better […] Source: cryptopolitan.com (Read Full Article)
S&P 500 closes with another all-time high, led by crypto stocks amid euphoric wins
The S&P 500 locked in its ninth all-time closing high of 2025 on Thursday, climbing 0.54% to 6,297.36, as crypto stocks ripped higher, and investors got slammed with better-than-expected earnings. Nasdaq Composite ended at 20,885.65, up 0.75%, posting its tenth record of the year. The Dow Jones added 229.71 points, or 0.52%, to close at […] Source: cryptopolitan.com (Read Full Article)