Ark Invest buys $75M in COIN, CRCL, BLSH amid June slide
Cathie Wood's flagship fund deployed capital into the very names June was punishing most: $44M into COIN, $25M into CRCL, $8.2M into BLSH, all while the three stocks bled 20-40%.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
Cathie Wood's flagship fund deployed capital into the very names June was punishing most: $44M into COIN, $25M into CRCL, $8.2M into BLSH, all while the three stocks bled 20-40%.
Four new wallets opened 20x leveraged longs on 800 BTC ($47M) in five days, a coordinated high-conviction bet that hints at a single, well-capitalised player rather than scattered retail flow.
A payments stack built on a stablecoin wallet reaching a 300M-user super-app is the legitimising story. Zero fees and a 10-minute SDK set the bar for consumer-grade crypto checkout across Asia.
Just 47 ICOs, IDOs and IEOs cleared a combined $40M last quarter, the thinnest public-sale pipeline since 2022 and a 95% collapse from the cycle peak.
Record outflows from US spot bitcoin and ether ETFs in June contrast with $59M of net inflows into XRP products and $161M into Hyperliquid vehicles, with HYPE riding $80M in monthly protocol fees.
Binance is the most visible miss, but the regulatory drag is broader: just 7% of European crypto firms hold a MiCA license, and Ripple says the stablecoin rulebook is still being written in practice.
The bid is hiding where the price action does not: spot ETFs keep bleeding while LTH wallets and broad accumulation cohorts step in, a split that has marked prior cycle floors.
The £150M claim lands while Binance is still rebuilding UK compliance after 2023's regulator-driven exit, putting the exchange back in front of British plaintiffs on its weakest terrain.
The headline number is the sector's biggest midterms haul yet, but the concentration of funds behind Fairshake and a handful of issuers points to a more coordinated industry push than 2024.
Around 2,000 Polish crypto firms sit in regulatory limbo as President Nawrocki's third veto kills the law that would have let the KNF hand out MiCA licenses at home.
The new stablecoin hands reserve income to 140 partners and lets them route the cash into DeFi liquidity, wallet cashback, and lending boosts, a direct shot at Circle's $653M quarterly reserve engine.
The guide reads as both user education and a defensive moat: CEX-issued euro stablecoins lose their EEA pass, and BNB Chain wants users to self-custody before, not after, the scramble.
The cut lands as spot BTC ETF flows turn negative and a major Wall Street desk openly resets its base case lower, a rare public downward revision from a top-tier bank.
Version 3 splits the public API into focused endpoints for funding rounds, unlocks, vesting, and funds & teams, and v2 runs in parallel through September 1, 2026.
STRC's ~13% recovery over the final session did the work; STRF held above $92 while STRD and STRK lagged, with bitcoin itself closing the month under $60K.
The disclosure itself is certified as compliant, but every category it lists, from $635M in memecoin royalties to 15.75B World Liberty governance tokens, is one Congress is trying to define through…
The first sub-200WMA close since 2023 lands the same week Circle's USDC issuer sheds 16% on a competing institutional stablecoin consortium, while global bond yields quietly pull liquidity from risk…
The headline number is brutal, but the structural read is worse: BlackRock's IBIT alone handed back $3.55B, and the streak kept extending into the final session of the month.
The June freeze is over, but the underlying deal is the real story: Anthropic now gives U.S.
The Russell reconstitution is the second blow in a week: passive selling pressure stacks on top of Open Standard's new alliance stablecoin, and CRCL is now trading around $62.