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.
Market-moving crypto headlines from the last 24 hours.
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.
HMRC's carve-out exempts disposals on eligible crypto loans and liquidity-pool entries from capital-gains tax, aligning DeFi with share-loan treatment and ending the asset-swap tax trap that has…
The renewed Strait of Hormuz fight has revived the Nacho trade, pushed Brent crude up nearly 4% and dragged the CD20 down 0.6%, with a June CPI print now deciding whether the Fed hikes in July.
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.
The KOSPI has shed 10% since Friday and Upbit volume jumped 1,426%, an unwind of the chip-trade exit that pulled Korean capital out of digital assets late last year.
The RHODL Ratio hit 6.5, its second-highest reading ever, then rolled over while price stayed flat, a pattern that historically precedes major moves rather than collapses.
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 L2 launched barely a week ago and is already routing more on-chain trading than two of Ethereum's most entrenched scaling layers.
The "no gain, no loss" treatment, effective April 2027, gives UK DeFi and lending users a long runway to rebalance wallets before the tax man steps in.
Santiment flags a contrarian red flag: retail piling into XRP and ether as both tokens fade, while bitcoin sentiment stays flat, a crowd structure that has historically preceded further downside.
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…
The transfers came from wallets tied to criminal-case seizures, including the BTC-e exchange and Ryan Farace.
The deadline matters less than the math: DeFi protocols that already generate real revenue stand to inherit the first wave of institutional flow once the rulebook lands.
A formal notification to Congress reframes the Iran conflict and tightens the political ceiling on any near-term diplomatic off-ramp, putting risk assets back into headline-driven mode.
A 20% fee on cargo through the world's busiest oil chokepoint, on top of a formal blockade notification, hits supply, freight rates, and risk-off positioning in a single headline.
The Finance Ministry's second-half roadmap ties the Digital Asset Basic Act to a CBDC pilot and government bond tokenization, marking the clearest South Korean signal yet that on-chain rails are…
Three catalysts stack into a single US session: June CPI at 8:30 ET, Fed Chair Warsh's testimony at 10 ET, and US blockade enforcement at 4 PM. Oil already closed 9% higher Monday.
The geopolitical bid for safety and a hot CPI print both hit in the same session, and the Fear & Greed Index sitting at 22 means nobody is leaning into the dip yet.
Brent crude jumping on Hormuz blockade headlines and a same-day CPI print stack two hawkish shocks at once, just two weeks before the Fed's July 28–29 meeting.