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Bitcoin Price Forecast: BTC extends recovery amid positive progress in US-Iran peace talks
Bitcoin (BTC) is extending its recovery, trading above $61,000 at the time of writing on Thursday after slipping to a 21-month low the previous day. Reports of positive progress in indirect US-Iran talks in Doha lift investor confidence, supporting BTC’s rebound.
Fxstreet
Thu, Jul 2
South Korea shuts down crypto treasury shortcut for listed firms
The Korea Exchange (KRX) announced on July 2nd that the KOSDAQ listing rules have been changed so that public companies cannot covertly change their original technology businesses to investing in cryptocurrencies. This rule, which restricts one of Asia’s largest equity markets and sends a clear message to the growing trend in companies around the world...Cryptopolitan
Thu, Jul 2
Ethereum Foundation makes its biggest pitch to governments yet
The Ethereum Foundation released a policy guide, outlining that Ethereum is to be classified as a neutral public infrastructure where both governments and institutions can turn for their needs. This could affect how all regulators around the world may see and interact with all public blockchains in general, and particularly with the tokens that operate on...Cryptopolitan
Thu, Jul 2
Hyperliquid Price Forecast: Easing ETF flows, retail demand edge HYPE to make-or-break stage
Hyperliquid (HYPE) price continues to coil, struggling to find direction as it edges higher on Thursday after two consecutive days of losses. Institutional demand, a key driver for altcoins in recent times, eases for HYPE with minimal inflows following a $108 million surge last week.Fxstreet
Thu, Jul 2
OpenAI’s Sam Altman offers Trump admin a 5% equity worth $43 billion ahead of IPO to rival SpaceX
OpenAI has been discussing with the authorities in Washington DC about giving a 5 percent share of its company to the US Government, which will be valued at around $43 billion based on its estimated value of $852 billion, according to FT. The idea is tied to Sam Altman’s push to give Americans a direct...Cryptopolitan
Thu, Jul 2
Solana Price Forecast: Bullish bets, ETF inflows drive SOL recovery
Solana (SOL) extends its recovery, trading above $78 on Thursday, having gained nearly 10% so far this week. The rebound is supported by strengthening derivatives metrics, modest institutional demand and improving technical momentum, all suggesting SOL could extend its gains in the near term.
Fxstreet
Thu, Jul 2
K Wave Media sells all 88 Bitcoin to cover $6 million debt, ending its treasury experiment
According to data published by BitcoinTreasuries.NET on July 2, K Wave Media (KWM), a South Korean company listed on the Nasdaq under the ticker symbol KWM, has sold off its entire Bitcoin holdings of 88 BTC to pay down approximately $6 million in debt, thus leaving K Wave Media with nothing else in cryptocurrency. This...Cryptopolitan
Thu, Jul 2
Zcash Price Forecast: ZEC pares minor losses as broader market retail sentiment recovers
Zcash (ZEC) maintains a mild recovery trend this week, extending gains on Thursday following a 4% surge the previous day. The privacy coin regains retail demand, with leveraged positions rising 11% over 24 hours, supported by a 17% surge in volume.Fxstreet
Thu, Jul 2
Meta shares jump over 8% on plans to sell AI compute, shaking up the cloud market
On July 1, shares of Meta jumped 8.81% to finish at an all-time high of $796.25 after the release of the news about the company’s plans to use its surplus AI computing power in its data centers for commercial purposes. This increase helped make Meta one of the best-performing stocks on Nasdaq, although the rest...Cryptopolitan
Thu, Jul 2
dYdX launches Arcus DEX on Robinhood Chain as DYDX token drops 23%
On July 1, dYdX launched Arcus on the Robinhood Chain. Arcus is a decentralized exchange that supports tokenized equities and perpetual futures. Following the reveal of Arcus, trading volume soared over 650%, and the price of DYDX dropped to $0.138, representing a 23% decrease in value during those 24 hours. The introduction of Arcus fundamentally...Cryptopolitan
Thu, Jul 2
Bitcoin long-term holders resume accumulation as ETF outflows keep institutional sentiment subdued — Glassnode
Long-term Bitcoin (BTC) investors have begun absorbing supply despite persistent negative flows from US spot BTC exchange-traded funds (ETFs), according to a report by Glassnode on Wednesday.Fxstreet
Thu, Jul 2
Ethereum Price Forecast: Ethereum Institutional launches to boost onchain adoption for TradFi
Ethereum received another advocate on Wednesday following the launch of Ethereum Institutional, an independent non-profit that centers on advancing the institutional adoption of the Ethereum ecosystem — applications, L2s, tools and resources.
Fxstreet
Thu, Jul 2
Drift Protocol rebrands to Velocity DEX three months after $280 million exploit
Drift Protocol has announced that it is rebranding to Velocity DEX as part of its relaunch effort after the Solana-based perpetual futures exchange lost over $280 million in an April 1 exploit attributed to North Korea’s Lazarus Group. The company’s rebranding is backed by a $127.5 million credit line from Tether. As part of the...Cryptopolitan
Wed, Jul 1
Morpho surges as Standard Chartered projects $60 price by 2030
Standard Chartered has initiated coverage of decentralized finance (DeFi) lending protocol Morpho (MORPHO), forecasting its native token could reach $60 by the end of 2030 as the sector expands and institutional adoption of onchain finance accelerates.Fxstreet
Wed, Jul 1
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