Author: John Smith
Bitcoin was sold as digital gold, an uncorrelated hedge that would hold up when markets broke. In 2026 it fell roughly 50% alongside the Nasdaq while gold hit record highs. So what is Bitcoin now, and did the hedge thesis ever survive contact with Wall Street? Summary Bitcoin has spent 2026 moving with the Nasdaq rather than against it, with rolling correlations to U.S. tech indices reaching as high as 0.80 early in the year while its link to gold fell toward zero. The change traces to the spot ETF era: once institutions could hold Bitcoin inside the same portfolios…
Solana price has erased much of June’s decline by reclaiming the $80 level, with record transaction activity and a technical breakout driving fresh optimism. Summary Solana price has reclaimed the $80 level after record network activity and governance upgrades boosted buying momentum. Technical indicators favor further gains, with the next major resistance and liquidation cluster sitting near $90. Analysts remain divided as bullish momentum strengthens, while some traders warn the rally still faces key resistance. According to crypto.news data, Solana (SOL) price traded around $81.3 at the time of writing, up nearly 10% over the past 24 hours after breaking…
Standard Chartered has launched a new service that gives eligible institutional clients access to USDC minting and redemption through its own banking platform. Summary Standard Chartered now lets eligible institutions access USDC minting and redemption without direct Circle accounts globally. The service starts through DIFC operations and may expand to more markets after approvals. Circle said the partnership supports institutional use cases across settlement, treasury, liquidity management, and payments. The product was developed with Circle, the issuer of USDC. Meanwhile, the bank said the setup lets clients use one onboarding and service experience instead of opening direct accounts with Circle.…
Robinhood has launched its Ethereum Layer 2 mainnet alongside tokenized stock trading and perpetual futures, expanding its blockchain based financial services beyond the testnet stage. Summary Robinhood has launched its Ethereum Layer 2 mainnet with tokenized stocks and decentralized finance features. Eligible users in more than 120 countries can trade tokenized stocks through Robinhood Wallet on supported decentralized exchanges. Robinhood Wallet now offers perpetual futures through Lighter, with eligible users earning LIT token rewards based on trading activity. According to an announcement during the company’s “The World is Flat” event in London, Robinhood has unveiled the public mainnet of Robinhood…
K Wave Media has sold its remaining Bitcoin holdings, ending a short-lived treasury push that once aimed to turn the Nasdaq-listed Korean media company into a major corporate BTC holder. Summary K Wave Media sold its remaining 88 BTC to repay $6 million in debt obligations. The company once said it wanted to expand Bitcoin holdings toward 10,000 BTC quickly afterward. K Wave’s filing shows it halted Bitcoin strategy while shifting focus toward AI infrastructure investments. The sale came less than a year after the company said it had access to up to $1 billion in financing for its Bitcoin…
Bitcoin has climbed back above $60,000 after Federal Reserve Chair Kevin Warsh declined to signal the direction of future interest rate decisions during an ECB policy discussion. Summary Bitcoin rebounded above $60,000 after Fed Chair Kevin Warsh declined to signal the future path of interest rates. CME FedWatch shows markets still expect rates to remain unchanged in July despite lingering inflation concerns. Polymarket continues to price in a chance of a 2026 rate hike, while Morgan Stanley expects rates to stay on hold this year. According to data from crypto.news, Bitcoin (BTC) traded around $60,175 at the time of writing…
Strategy has received another Wall Street price target cut after Canaccord lowered its valuation on the company while maintaining that Bitcoin’s long-term investment case remains intact. Summary Canaccord cut Strategy’s price target to $130 but said its long-term Bitcoin investment thesis remains unchanged. The brokerage believes Strategy’s Bitcoin-focused business model is still viable if Bitcoin posts moderate annual gains. Other analysts, including TD Cowen, Cantor Fitzgerald, and Benchmark, continue backing Strategy despite lowering or maintaining price targets. Bitcoin outlook remains intact despite lower valuation According to a research note from Canaccord, the brokerage reduced its price target for Strategy to…
Bitcoin has remained under pressure after U.S. spot ETFs recorded $222.64 million in outflows, while Changpeng Zhao has reiterated his belief that the cryptocurrency can reach $1 million over the next decade. Summary Changpeng Zhao says Bitcoin could reach $1 million as global ownership remains below 1%. U.S. spot Bitcoin ETFs recorded $222.64 million in net outflows, led by BlackRock’s IBIT. Bitcoin trades below key resistance, with $57.8K support and $63.7K–$65.3K as upside targets. According to an interview Zhao gave to Block, the Binance founder argued that Bitcoin ownership remains extremely limited worldwide, with fewer than 1% of people currently…
Disclosure: CoinCodeCap may earn a commission when you sign up through links on this page. It never changes what we write or the data we cite. TL;DR Uphold isn’t listed among the roughly 244 exchanges authorized under MiCA as of the July 1, 2026 register sync. Like Bitfinex, Uphold hasn’t made a public statement about its EU plans, so this is an absence from the register rather than a confirmed denial or exit. The picks below cover MiCA-licensed exchanges for EU users who want Uphold’s anything-to-anything simplicity with a regulatory backstop. Uphold’s pitch was always simplicity, swap between crypto, stocks,…
President Donald Trump’s positive comments on U.S.-Iran negotiations have lifted crypto markets, pushed oil below $70, and added more than $74 billion to gold’s market value as investors reposition for easing geopolitical risks. Summary Trump’s positive comments on U.S.-Iran talks helped lift crypto prices while pushing oil below $70. Bitcoin topped $60,400, Ethereum gained 2.8%, and the total crypto market cap rose to $2.14 trillion. Polymarket assigns a 62% chance of extending the U.S.-Iran negotiation period, keeping markets focused on Doha. According to President Donald Trump, relations with Iran have remained positive and ongoing negotiations in Qatar are progressing well,…