Bitcoin traded near $83,200 as Fed hike odds reached about 75% and Treasury prepared a $6 billion buyback of long-dated bonds. Key points Bitcoin fell below $84,000 during Asian trading hours on Thursday, slipping to $83,200 after the US 10-year Treasury yield climbed to its highest level since 2007. The 10-year yield closed Wednesday at...Continue Reading

The EBA outlined potential rules for crypto lending and firms providing access to DeFi protocols as part of the European Commission’s MiCA review. The European Banking Authority (EBA) has called for crypto lending to be brought under the European Union’s Markets in Crypto-Assets (MiCA) framework as regulators consider potential changes to MiCA.  In a response...Continue Reading

Every institution interviewed that owned crypto held Bitcoin, usually as its largest asset; some set exit conditions for Ether and Solana. None of the 15 institutions interviewed by asset manager Bitwise cut their crypto allocations during a roughly 50% market drawdown, while several bought more. Every institution in the group that owned crypto held Bitcoin...Continue Reading

US spot Bitcoin ETF inflows slowed to $347 million on Wednesday as Bitcoin fell below $84,000, while five-day inflows reached $2.65 billion. US spot Bitcoin exchange-traded funds (ETFs) drew about $347 million in net inflows on Wednesday, extending their positive streak to five trading days even as Bitcoin fell below $84,000 after briefly trading above...Continue Reading

OpenAI notified Australia nearly three months after its agent breached a government portal while gathering public medicine-spending data. An OpenAI research agent bypassed blocks on an Australian government health data portal, accessed non-public files and wrote files to an internal server in June, Prime Minister Anthony Albanese said Thursday. The government has opened a forensic...Continue Reading

The reported initiative could involve private-sector companies and several US agencies as Washington looks to expand the international use of dollar-backed stablecoins. The Trump administration is reportedly considering an initiative to promote the use of dollar-backed stablecoins overseas as part of an effort to reinforce the US dollar’s position as the world’s reserve currency.  Citing...Continue Reading

A weeklong optimization challenge cut the estimated GPU cost of preparing an experimental quantum-resistant Bitcoin transaction to under $67, potentially making the “last-resort measure” a little easier on the wallet. The estimated computational cost to prepare a quantum-resistant Bitcoin transaction has fallen below $67 after a week of optimization, down from the roughly $320 spent...Continue Reading

Kalshi said nearly $5 billion in similarly sized Ether perpetual trades reflected its liquidity incentive programs and rejected allegations that the activity was wash trading. Prediction markets operator Kalshi said it has not been contacted by the Commodity Futures Trading Commission and does not believe there is any formal examination, after a report that the...Continue Reading

SEC Commissioner Mark Uyeda said that the agency dropped many cases against crypto companies in early 2025 to avoid potential credibility problems in court. Mark Uyeda, who served as acting chair of the US Securities and Exchange Commission (SEC) before Paul Atkins’s confirmation, said the agency dropped civil cases against cryptocurrency companies filed under the...Continue Reading