Author: John Smith

Binance has added spot trading for Strategy’s STRC perpetual preferred stock after the Bitcoin treasury firm sold 3,588 BTC for $216 million and increased its USD reserves to $2.55 billion. Summary Binance has launched spot trading for Strategy’s STRC preferred stock alongside several new stock listings. Strategy sold 3,588 BTC for $216 million to fund Digital Credit dividends while retaining 843,775 BTC. STRC and MSTR climbed in premarket trading as Bitcoin held near $62,900 after a recent rebound. According to an official announcement published on July 6, Binance Stocks has listed Strategy’s STRC perpetual preferred stock for spot trading, allowing…

Russia’s largest lender, Sberbank, has confirmed plans to launch a cryptocurrency wallet and digital asset depository within months after the country’s proposed digital asset law takes effect on Sept. 1. Summary Sberbank plans to launch a crypto wallet and digital asset depository after Russia’s new digital asset law takes effect on Sept. 1. Russia’s largest bank is also considering providing access to foreign crypto exchanges, subject to the final regulatory framework. The planned launch comes as Russia prepares to roll out both its digital asset rules and the digital ruble from Sept. 1. According to local news outlet RBC, Sberbank…

On the first day of every month, one billion XRP leaves a set of locked contracts on the XRP Ledger, and every month traders argue about what it means. Here is the full machinery: why the escrow was created, how the ledger enforces it, where the released tokens actually go, and how to read the unlock without being fooled by the headline number. At around 07:30 UTC on July 1, 2026, on-chain trackers flagged three transfers on the XRP Ledger: 200 million XRP, then 300 million, then 500 million, exactly one billion tokens worth roughly $1.04 billion at the time.…

U.S.-linked wallets traded about $571 million in political contracts on Polymarket over the past year, according to on-chain research firm Allium.  Summary U.S.-linked wallets led Polymarket political trading despite restrictions blocking American users from platform access. Allium said American demand leaned toward foreign conflict markets unavailable on regulated U.S. venues. The data adds pressure as Polymarket faces CFTC scrutiny and wider global regulatory attention. The figure made the United States the largest national group in the data, ahead of Hong Kong at $422 million. The activity came despite Polymarket blocking U.S. users from its offshore platform. Allium said the restriction…

South Korean blockchain consortium has completed a proof of concept showing a blockchain-based digital local currency processing payments and settlements in under one second with a reported 100% transaction success rate. Summary K STAR and BNK Busan Bank completed a blockchain based digital local currency pilot with a reported 100 percent transaction success rate and sub one second processing. The proof of concept tested programmable money that can limit where funds are spent, apply expiry dates and automate merchant settlements. The project adds to a growing list of stablecoin and digital currency pilots by South Korean banks as the country…

Spot Bitcoin ETFs recorded $527 million in net outflows from June 29 to July 2, extending their weekly withdrawal streak to eight weeks. The latest data shows that demand for Bitcoin funds remains weak, even after some products returned to daily inflows. Summary Bitcoin ETFs extended their outflow streak as investors pulled $527 million over four trading days. Ethereum ETFs also stayed negative, showing weak demand across the two largest crypto assets. XRP, SOL and HYPE funds drew inflows, pointing to selective demand beyond Bitcoin and Ethereum. Crypto.news reported that U.S. spot Bitcoin ETFs lost $527 million over the four…

XRP traded near $1.13 on July 5, according to crypto.news market data. The token was down 1.04% over 24 hours but remained up 7.79% over seven days. Its market cap stood near $70.26 billion, while 24-hour volume was about $1.67 billion. Summary XRP’s current price near $1.13 keeps the token below the key $1.20 weekly average. A weekly death cross could turn the 200-week SMA from support into future resistance. Crypto.news analysis keeps $1.10, $1.20 and $1.40 as key levels for XRP traders. The price remains close to a key technical zone after a short recovery from the $1 area.…

Bitcoin traded near $62,675 on July 5, according to crypto.news market data. The asset was up about 0.1% over 24 hours and 4.03% over seven days. Its market cap stood near $1.26 trillion, while 24-hour volume was about $17.57 billion. Summary Bitcoin trades near $62,675 as traders test whether the weekly 200MA can still hold firm. Saylor’s “digital energy” post added a macro angle while technical analysts focused on resistance overhead. ETF inflows and short squeezes lifted sentiment, but weak volume keeps confirmation limited for now. The latest 24-hour range showed Bitcoin moving between $62,462 and $63,383. That kept BTC…

Senator Cynthia Lummis has renewed her call for lawmakers to advance the CLARITY Act, a bill aimed at setting clearer rules for digital asset markets in the United States. A post shared by CryptoGoos cited Lummis as saying the bill would “lay the foundation for the financial services of the 21st century.” Summary Lummis says the CLARITY Act can modernize finance, but Senate timing remains the main hurdle. Crypto.news says the bill cleared key steps but still needs a full Senate floor vote. The bill would split crypto oversight between SEC and CFTC while adding exchange safeguards. Lummis also said,…

The Canary HBAR ETF, trading on Nasdaq under the ticker HBR, pulled in $989,000 in net inflows on July 2. The figure marked its largest single-day inflow since May 15, according to market posts tracking spot crypto ETF flow data. Summary Canary’s HBR ETF drew $989K, showing Hedera still appears in institutional flow data despite weak price. HBAR trades near $0.075, with market cap above $3.29b and weekly gains holding firm. ETF demand remains small, but steady appearances may keep Hedera visible to regulated investors. The amount remains small compared with spot Bitcoin ETF and spot Ethereum ETF flows. Still,…