Author: John Smith

Kraken has started allowing eligible users to use select tokenized stocks and ETFs as collateral for futures and margin trading on Kraken Pro. The update gives traders a way to support leveraged crypto positions without selling those tokenized holdings first. Summary Kraken allows ten xStocks as collateral, widening capital use for eligible non-US traders globally today. Broad-market ETFs carry lower haircuts, while volatile names like MSTRx and HOODx receive higher discounts. Related coverage shows Kraken moving tokenized assets toward collateral, cash management and institutional credit products. The exchange said 10 xStocks assets are eligible at launch. The list includes SPYx,…

Cardano is showing renewed holder growth after a sharp June selloff. According to Santiment, the network added 14,783 more non-empty ADA wallets after its June 23 bottom. Summary Cardano added 14,783 non-empty ADA wallets after its June low, showing renewed retail activity. ADA rebounded toward $0.20 after falling to levels not seen since 2020 last month. Community fear remains tied to governance tension, Hoskinson comments and wider doubts over ecosystem funding. The on-chain data came as ADA recovered from recent lows. Santiment said the token pushed back toward $0.20 for the first time in about a month and had risen…

South Africa’s Revenue Service has published draft guidance on how crypto assets should be taxed under the country’s current tax laws. The proposal seeks public feedback until August 31, 2026, before SARS moves toward a final version. Summary SARS says crypto is not currency, keeping digital assets inside income and capital gains rules. The draft treats trades, swaps and crypto payments as possible tax events under current law. Public comments remain open until August 31 as South Africa clarifies crypto tax reporting. The draft does not create a new crypto tax law. It explains how current rules under theIncome Tax…

Ethereum traded near $1,764.43 on July 5, according to crypto.news market data. The token was up 0.2% over 24 hours and 11.58% over seven days. Its market cap stood near $212.91 billion, while 24-hour volume was about $11.16 billion. Summary Ethereum remains trapped between $1,700 support and $1,800 resistance as liquidation clusters frame price action. Vitalik Buterin’s Lean Ethereum roadmap focuses on STARKs, quantum resistance, privacy and future scalability. ETH’s MACD shows improving momentum, but weak volume keeps a confirmed bullish reversal out of reach. The latest daily range showed ETH moving between $1,751.18 and $1,801.59. That placed the token…

Michael Saylor has said Bitcoin’s next stage may come from changing less at the protocol level while becoming more important across finance. In a new X article titled “Bitcoin Evolves by Not Changing,” the Strategy executive chairman argued that Bitcoin should act as a monetary network, not a fast-moving software platform. Summary Saylor says ETF, treasury and credit flows now matter more than old miner supply shocks. Crypto.news reported that 21Shares still sees Bitcoin’s four-year cycle as intact despite wider institutional demand. Strategy’s digital credit framework shows how Saylor wants Bitcoin exposure to move through capital markets. https://twitter.com/saylor/article/2073685745512948011 Saylor said…

U.S. spot Bitcoin exchange-traded funds have recorded $221.7 million in net inflows, ending a 10-day withdrawal streak as softer U.S. economic data and easing Federal Reserve rate concerns helped Bitcoin recover from this week’s lows. Summary U.S. spot Bitcoin ETFs recorded $221.7 million in inflows, ending a 10-day streak of net withdrawals. Weak U.S. jobs data and softer Fed comments helped Bitcoin rebound about 7.7% from its weekly low. Analysts pointed to strong historical July performance and late-cycle trends as sentiment improved. According to data from SoSoValue, Thursday’s inflows were the strongest daily total in about two months after investors…

Revolut has confirmed it will remove Tether’s USDT from eligible European accounts after new European Union crypto rules took effect under the Markets in Crypto-Assets (MiCA) framework. Summary Revolut will delist USDT for eligible European users under the EU’s MiCA regulations. Users can buy USDT until July 6 and withdraw or sell holdings until Aug. 31. Tether also recently froze 131 TRON wallets after new U.S. sanctions targeted ISIS-K-linked addresses. According to an email sent by Revolut to affected customers, the fintech company will phase out support for USDT over the next two months, giving users until Aug. 31 to…

Germany’s cooperative banking network has begun offering cryptocurrency trading through DZ Bank, opening digital asset access to millions of retail customers across the country. Summary DZ Bank has started rolling out crypto trading through Germany’s cooperative banking network. DekaBank plans a phased crypto trading launch for the country’s savings banks later this year. Germany is also considering new crypto tax rules that could end long-term tax exemptions from 2027. According to a Bloomberg report, the rollout gives customers of participating cooperative banks the ability to buy and sell cryptocurrencies directly through their existing banking relationships rather than using dedicated crypto…

India has opened an investigation after reports alleged that Indian nationals were trafficked into Myanmar and forced to carry out crypto fraud operations inside cyber scam compounds. Summary India has launched an investigation into reports that Indians were trafficked to Myanmar and forced into crypto scam operations. Victims allegedly accepted fake overseas job offers before being moved to cyber scam compounds where passports were confiscated. Authorities in India, Myanmar and the U.S. have stepped up efforts to disrupt cyber scam networks tied to cryptocurrency fraud. According to police in the western Indian state of Maharashtra, authorities have registered a criminal…

On July 1, Robinhood launched its own blockchain, joining Coinbase, Stripe, Circle, and Tether in the fastest-moving infrastructure race in crypto: giant consumer companies building their own rails instead of renting someone else’s. The land grab has a clear logic, clear winners, and one uncomfortable question about what happens to the neutral chains everyone used to build on. Summary Robinhood has joined Coinbase, Stripe, Circle, and Tether in building its own blockchain, accelerating the corporate race to own crypto infrastructure instead of relying on public networks. Corporate chains promise higher margins, greater product control, and built-in user distribution, making infrastructure…