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The U.S. Treasury’s Office of Foreign Assets Control (OFAC) added 134 crypto wallet addresses to its ISIS-Khorasan (ISIS-K) sanctions entry on Wednesday, including 131 Tron addresses and 3 Monero addresses. The TRON wallets received more than $1.4 million since 2023 and sent more than $880,000, according to Chainalysis. Tether froze balances on all 131 Tron addresses. ISIS-K, the Islamic State…

Strategy has become one of the largest corporate holders and buyers of bitcoin, with 847,363 BTC on its balance sheet. Its aggressive accumulation strategy has made the company a major source of demand for the cryptocurrency, meaning any shift toward selling the digital asset, even occasionally, could influence market liquidity, price dynamics and investor sentiment by introducing a new source of…

U.S. jobs growth disappointed last month, with the data likely to set back market expectations of a Federal Reserve rate hike as soon as this summer or early Fall. The U.S. added 57,000 jobs in June, according to the government’s Nonfarm Payrolls Report released Thursday morning. That’s lower than the 110,000 forecasted by economists and significantly below May’s 129,000 gain (revised from an…

Robinhood is pushing deeper into crypto infrastructure with the launch of its own blockchain network, tokenized stocks and decentralized lending products, even as one of its fastest-growing revenue opportunities may be forming outside crypto. On July 1, the brokerage launched the public mainnet for Robinhood Chain at a London event, marking its most direct move yet into onchain financial…

K Wave Media has become a new case study for corporate Bitcoin trade stress. In a June 30 Form F-3, the Nasdaq-listed company disclosed that it sold all of its Bitcoin holdings on May 6 and said the sale generated aggregate proceeds of $64.2 million. The filing also said K Wave had liquidated 88 Bitcoins under an April 29 amendment to its securities purchase agreement with Anson Funds and used…

The stablecoin market has long rewarded the companies that issue digital dollars. They take in customer cash, hold reserves in short-term government securities, and earn the yield. Now, the companies that distribute those tokens want more of the economics. That tension is at the center of Open USD (OUSD), a planned stablecoin backed by more than 140 financial, technology, and crypto firms,…

OpenAI, the company behind ChatGPT, has reportedly discussed giving the US government a 5% equity stake as artificial intelligence oversight in Washington intensifies. The company raised the idea in early discussions with the Trump administration as it seeks to navigate a tougher political environment ahead of a potential public listing, the Financial Times reported on Thursday, citing people…

New wallet creation hit a three-month high and large-holder activity strengthened, but XRP still needs to reclaim $1.10 before the recovery looks convincing. Source link

The company behind the dYdX decentralized exchange (DEX) has partnered with Robinhood to rebrand and launch the protocol as Arcus on the Robinhood Chain. An X account for Arcus posted on Wednesday that “dYdX is now Arcus” and would launch on the Robinhood Chain, Robinhood’s Arbitrum-based layer 2 blockchain that went live the same day. The dYdX Foundation said that dYdX Labs created Arcus “in…

Key takeaways: Persistent spot Bitcoin ETF outflows and US dollar strength reduce the odds of a quick bounce to $65,000. Strong AI sector earnings momentum and higher fixed-income returns pull capital from Bitcoin and gold. Bitcoin (BTC) reacted positively to US Federal Reserve Chair Kevin Warsh’s remarks on stubborn inflation. Despite the gains on Wednesday, traders fear that incentives for…

Circle CEO Jeremy Allaire used Open USD’s launch to draw a harder line around USDC’s moat: a partner-owned stablecoin can challenge Circle only if its distribution becomes live, regulated transaction flow. His July 1 response followed Open Standard’s June 30 announcement of Open USD. The launch post said more than 140 businesses had signed up to use the token, including Visa, Stripe, Mastercard,…

Its launch comes as Ethereum’s support ecosystem undergoes a broader evolution, following the debut of EthLabs and amid ongoing efforts by the Ethereum Foundation to respond to community criticism over transparency, communication and its role within the ecosystem by encouraging more independent organizations to take the lead on adoption and ecosystem growth. Vivek Raman, CEO of Etherealize, said…

Crypto exchange balances saw a notable withdrawal wave heading into July 1, with USDC and Bitcoin leading approximately $850 million in net outflows from centralized platforms. The move adds another layer to a market already watching liquidity, ETF flows, and investor positioning closely. TL;DR Centralized exchanges reportedly saw around $850 million in net withdrawals over 24 hours. USDC led…

Beyond the Robinhood Chain ecosystem, the company announced several additional product launches and international expansion efforts. Robinhood said it is expanding perpetual futures trading in Europe to include commodities, ETFs and foreign exchange markets alongside crypto. It also plans to launch crypto trading in the U.K. and said its services are now available in Canada following its…

Cryptocurrency ATMs are fast disappearing from the American landscape as kiosk operators in two US states face bans and restrictions as new laws go into effect. Crypto ATM laws passed by Tennessee and Georgia went into effect on Wednesday, imposing a complete ban in the former and requiring transaction limits and reporting in the latter. The measures by the two states followed bans in Indiana,…

US President Donald Trump’s latest federal financial disclosure has put crypto back in the political and business spotlight, with the filing reportedly showing at least $1.4 billion in cryptocurrency-related income for the 2025 calendar year. The disclosure was filed on June 30, 2026, through the US Office of Government Ethics. TL;DR Trump’s 2025 disclosure reportedly lists at least $1.4 billion…

Crypto markets have struggled in recent months, with bitcoin falling more than 50% from its late-2025 peak after a sharp June selloff driven by persistent exchange-traded fund (ETF) outflows, elevated interest rates and weaker risk appetite. Ether (ETH) and most major altcoins have underperformed bitcoin during the downturn, although a handful of sectors, including decentralized finance (DeFi)…