BTC Coinbase Premium Logs Record 50-Day Negative Streak
Coinbase has now traded below offshore venues for 50 straight days, beating the 40-day run set in early 2025 and the roughly 30-day stretch around the 1011 crash.
Market-moving crypto headlines from the last 24 hours.
Coinbase has now traded below offshore venues for 50 straight days, beating the 40-day run set in early 2025 and the roughly 30-day stretch around the 1011 crash.
A 2.85% 10-year JGB yield is dragging U.S. Treasuries back toward 4.5%, lifting the opportunity cost of holding BTC at the moment Fed cut bets had revived risk appetite.
Tether returns the largest stablecoin to its original 2014 home, this time over client-validated RGB rails rather than Omni, with UTEXO targeting a July go-live and Lightning in the wings.
The single-day bounce is the second green session in three and the biggest inflow in over a month, but it has not yet broken the eight-week streak of net weekly outflows.
A quorum that cleared by 0.3% of supply handed an attacker 99.9% of one vote and 4.43 trillion BONK tokens, the cheapest legal theft the sector has seen.
BlackRock's IBIT took the lion's share of a $266M net inflow day across US spot Bitcoin ETFs, while Ethereum ETFs added a quieter $29M led by ETHA.
The 20-year, 401-megawatt deal alone is bigger than TeraWulf's own $12B market cap, and it lands as bitcoin miners unload coins and chase AI tenants to replace the revenue the halving took away.
The index inclusion is procedural, but the optics are not: $BTC on Musk's corporate balance sheet now sits inside a benchmark that index funds and pensions are mandated to hold.
Saylor's first-ever on-chain sale of $216M did almost nothing to a market busy digesting Trump's open pivot back to the industry ahead of midterms and a record $1.79T stablecoin month.
The profit margin is what stings: roughly $4.4M of spot buying on Bybit and Binance bought just enough quorum to pass a self-serving proposal and walk away with 4.426T $BONK.
A $4M vote-buy blitz executed through a proposal sat dormant for six days, then drained roughly $20M in BONK from the DAO treasury, exposing how thin voting power in a memecoin governance can be.
The plan to vault US Bitcoin at the Treasury is on hold while the Justice Department's Office of Legal Counsel decides who actually has the statutory right to hold and manage sovereign BTC.
The language matters: "structure" signals the executive branch is now framing the reserve as operational policy rather than a one-off legislative proposal, putting a Treasury-built crypto stockpile…
Bloomberg reports legal and jurisdictional questions over whether the Treasury can lawfully manage a federally-held bitcoin reserve, even as the plan was always framed around seized coins, not new…
The exploit rode a passed proposal through BonkDAO's own voting mechanism, a structural hit that turns governance itself into the attack surface.
The revived fraud claim targets Silbert personally and DCG as a defendant; consumer protection claims in four states were dropped, three others paused, narrowing the case to a sharper fight.
The August recess deadline turns a still-pending market-structure bill into a calendar problem: every week of inaction now means weeks more of the SEC-CFTC turf war the bill was written to end.
The CME FedWatch shift flips the post-cut consensus: markets now price in no 2026 easing, with the first cut pushed into 2027 as inflation and a tight labour market keep Powell anchored.
At the heart of the shift is a framing swap: from treating the assets as the threat to letting American investors pick the winners under US law.
The two flows run in opposite directions at the same moment: Saylor funds an S&P 500 chase by trimming the BTC treasury, while Tom Lee's Bitmine quietly crosses 5.7M ETH on its balance sheet.