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Naver's takeover of Upbit operator Dunamu slips to December 31
Naver Financial’s acquisition of Dunamu has been postponed again, this time to December 31. This is the second delay that the deal is facing. The reason for the stall this time is an unfinished antitrust review. Will Naver Financial still acquire Dunamu? Naver disclosed that the extraordinary shareholders’ meeting that was called to approve the...Cryptopolitan
Tue, Jul 7
Bitcoin Price Forecast: BTC struggles despite renewed ETF inflows as Strategy sale impact fades
Bitcoin (BTC) falls below $64,000 on Tuesday, erasing part of the recent gains following six consecutive days of price rises. Institutional demand shows signs of recovery, with spot ETFs recording a second day of inflows through Monday after weeks of outflows.
Fxstreet
Tue, Jul 7
Crypto Today: Bitcoin, Ethereum, XRP struggle to build momentum despite returning ETF inflows
The cryptocurrency market continues to struggle with dominant headwinds, with Bitcoin (BTC) hovering around the short-term $63,000 support, Ethereum (ETH) holding below $1,800 and Ripple (XRP) testing the demand area at $1.13.
USDT returns to Bitcoin via RGB, aiming at Tron’s stablecoin grip
Tether is bringing back its dollar-pegged stablecoin into the Bitcoin blockchain and this could change the way transactions are conducted in the most traded form of cryptocurrency. According to Tether transparency data, around 85% of the total supply of USDT exists on the TRON and Ethereum networks, thus making these two platforms the preferred settlement...Cryptopolitan
Tue, Jul 7
Polymarket sued over Strategy Bitcoin market, months after Kalshi's Khamenei drama
The questions of who gets paid when a prediction market platform decides what counts as a win keep bringing various platforms into New York courtrooms, with the latest being Polymarket. In March, Kalshi faced a lawsuit for withholding payouts on its “Ali Khamenei out as Supreme Leader?” market. A New York plaintiff says that the...Cryptopolitan
Tue, Jul 7
Bitcoin Suisse touts June double licensing wins from Middle Eastern and European regulators
Switzerland’s leading crypto financial services provider, Bitcoin Suisse a provider of crypto financial services for institutional clients, crypto foundations, family offices, asset managers and high-net-worth individuals, continues to expand its operations with Bitcoin Suisse Group’s subsidiary, BTCS (Middle East) Ltd. (“BTCS ME”), receiving a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA)...Cryptopolitan
Tue, Jul 7
Pi Network Price Forecast: PI flashes early reversal signals at the last line of defense
Pi Network (PI) is trading near its lowest level at $0.1100 on Tuesday, under intense downside pressure. PI remains vulnerable to steeper corrections, with its fourth straight day of losses amid weak market-wide risk appetite.Fxstreet
Tue, Jul 7
South Korea’s FSS chief warns again on leveraged stock bets as KOSPI swings
The head of South Korea’s Financial Supervisory Service (FSS), Lee Chan-jin, has reiterated his warning to individual investors who borrow excessively to bet on rising stocks that this could lead to ruin. The risk of financial disaster increases when savings are funneled into a few select investments or money is borrowed. Lee spoke on the...Cryptopolitan
Tue, Jul 7
Trump reveals crypto shift was driven by politics and profit potential
President Donald Trump says he entered the crypto space, in part, for political reasons and after noticing the industry’s massive profits. While announcing a new minor savings vehicle called “Trump Accounts” from the Oval Office on Monday, Trump was pressed on whether the program would accommodate Bitcoin. He responded with, “I’ve become a big crypto...Cryptopolitan
Tue, Jul 7
Kalshi, Polymarket Non-Sports Volume Hits Record $4.4 Billion Weekly High
The total non-sports volume across two of the largest prediction market platforms, Kalshi and Polymarket, crossed the $4 billion mark for the first time, closing at $4.4 billion last week. Kalshi accounted for nearly 86% of that volume, notching up a new non-sports weekly high of $3.8 billion. What makes this figure really shine through...Cryptopolitan
Tue, Jul 7
Zcash Price Forecast: ZEC hits a make-or-break level as retail demand loses conviction
Zcash (ZEC) eases below $450 at press time on Tuesday, extending its mild loss from the previous day. The privacy coin is losing retail support, with ZEC futures Open Interest declining by 3% over the past 24 hours while funding rates hold steady.Fxstreet
Tue, Jul 7
Ondo Perps launches with 20x leverage for tokenized stocks
Ondo Finance is launching Ondo Perps, an on-chain platform designed for perpetual futures trading in U.S. stocks, exchange-traded funds (ETFs), and commodities, providing eligible traders (from outside the U.S.) with leverage of up to 20x on such stocks as Apple (AAPL), Nvidia (NVDA), and Tesla (TSLA), among others. Over the weekend, the project aimed to...Cryptopolitan
Tue, Jul 7
ENS proposes 5 million-token delegation plan to break founder Johnson’s vote grip
The Ethereum Name Service DAO is preparing to give away voting power over 5 million of its own governance tokens in a move designed to break a single delegate’s ability to decide DAO outcomes. ENS co-founder Alex Van de Sande, posting as avsa.eth, uploaded the draft proposal to the ENS governance forum on July 6,...Cryptopolitan
Tue, Jul 7
Payward Europe EMI License Highlights Kraken’s Regulated Fiat-Rail Expansion
Payward Europe securing an electronic money institution license in Lithuania gives Kraken’s parent-company structure another regulated route for euro-denominated fiat and crypto services in Europe. TL;DR This article was written by the NewsBitcoinist
Tue, Jul 7
Samsung guides to record profit on AI memory, and the market yawns
Samsung Electronics announced on Tuesday (July 7) that it expects its operating profit in the second quarter to go up to around 89.4 trillion Korean won, representing close to 19 times the profit it registered in the same quarter last year, due to the boom in the memory chips used for AI. However, investors were...Cryptopolitan
Tue, Jul 7
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South Korean Stocks Closed to Avoid Storm, Japanese Stocks Plunge at Open, Nikkei 225 Tumbles 3%, Kioxia Slumps Over 15%
Micron (MU) Stock Crashes Below $910 as China’s CXMT Plans an $8.5B IPO; Is the DRAM Bull Cycle Cracking?
Micron Stock Price Prediction: MU Breaks $898 Support as Memory Boom Faces Capacity Risk
TSMC Second Quarter Net Profit Surges 77.4% to Record, AI Chip Demand Drives Results Above Estimates
US Pre-Market: TSMC Q2 Earnings Beat Estimates but Face Sell-Off, Memory Chips Extend Decline, SK Hynix, SanDisk Fall Over 7%
