Bitcoin slips to $62.2K as traders brace for CPI and Fed testimony
Headline CPI is set to fall on cheap gas, but Brent above $87 and sticky core inflation already have money markets pricing a 40-50% chance of a July rate hike.
Institutional crypto activity — corporate treasuries, custody mandates, pension and endowment moves, and bank involvement.
Headline CPI is set to fall on cheap gas, but Brent above $87 and sticky core inflation already have money markets pricing a 40-50% chance of a July rate hike.
The Treasury's nod positions the UK as a regulatory front-runner for tokenized capital markets, with Ripple's ledger and XRP positioned as core plumbing for onchain funds, bonds, and repo.
Strategy's new index shows banks still early on the Bitcoin build-out, even as individuals hold 66.1% of total supply and dwarf every institutional category combined.
Kalshi, Polymarket and the new Robinhood–Susquehanna JV Rothera cleared $44B between them in June, roughly 10x what US sportsbooks are projected to handle across all 104 matches.
The 30-day moving average has slipped under 2024 levels, and Glassnode frames the dip as a quiet regime, not a structural break, with attention rotated elsewhere until $BTC momentum returns.
Customer balances moved opposite ways across the exchange's three largest assets, and the cross-venue pattern at Bybit and OKX is what turns the Binance snapshot into a market-wide read on capital…
Jeff Yan frames Hyperliquid as liquidity infrastructure for all of finance, not just a perp DEX. The pitch rests on a compounding-network thesis: every platform that plugs in makes the others' books…
The transfers came from wallets tied to criminal-case seizures, including the BTC-e exchange and Ryan Farace.
Seventy-eight banking associations warn the current draft lets stablecoins drain deposits from community banks, sharpening a fight that decides whether tokenised dollars live inside or outside the…
The transfer routes coins from the Farace and BTC-e seizures through fresh wallets and into the exchange despite Trump's March 2025 order barring sales from the Strategic Bitcoin Reserve.
Upbit's 24-hour volume jumped 1,426% to $4.27B on the same session KOSPI fell 4%, as forced stock liquidations of KRW 425.8B since July 1 push leveraged retail into the crypto exit.
Two years in, spot BTC ETFs turned Bitcoin from a treasury-only allocation into a sleeve any RIA can buy in five clicks, with cumulative inflows north of $90B doing the work no OTC desk could.
Crypto is bleeding on a hawkish Fed repricing, an oil-fuelled inflation scare, and Strait of Hormuz risk ahead of Tuesday's CPI print and Chair Warsh's first congressional testimony.
The transfer lands a week after Binance's July 1 reserves snapshot showed BTC holdings climbing and ETH and USDT balances falling, a pattern that often precedes or follows large custody reshuffles.
Deposits, not sales yet, but the flow direction is clear: the DOJ's seized BTC and ETH stockpile is moving back into market plumbing eight hours after a top-tier wallet cluster moved.
Retail chatter on X is back to 2020 levels, even as institutional flows and ETF assets under management push in the opposite direction.
Seth Ginns sees crypto prices lagging the strongest fundamentals in years even as TradFi rails converge with on-chain finance and CEX volumes snap a five-month decline.
The model anchors its bull case to three live data points: $1.5B in spot XRP ETF inflows, the EU MiCA license, and $2.5B in July RLUSD settlement on the XRP Ledger.
The pause is small in dollar terms but it breaks a year-plus accumulation streak, and both Benchmark and TD Cowen read it as deliberate balance-sheet discipline rather than a signal of waning…
The split tells the story: retail-style spot flow cooled across the board while derivatives venues absorbed the risk migration, with Deribit's 26.6% jump leading the move.