Category: crypto
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75% of EU crypto firms may lose licenses on July 1
The European Union’s MiCA transition period ends on July 1, 2026, meaning that crypto exchanges, brokers, and wallet providers without approval will no longer be able to serve EU customers. Many firms may lose eligibility, and users may need to withdraw assets or move funds to approved platforms quickly. Regulatory enforcement is being prepared, with…
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Cardano’s 1,096 BTC dispute grows after Hoskinson AMA
Cardano founder Charles Hoskinson explained that the 1,096 BTC related to the project’s early Isle of Man Foundation was used in 2016 and 2017 for demands linked to Michael Parsons and an audit process. Thomas Braziel requested documents to clarify the recipients and purpose of the Bitcoin. The governance dispute has shifted to Discord channels…
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Michael Saylor says this Bitcoin metric shows Strategy’s real risk
Michael Saylor emphasized the importance of using multiple measures to track exposure to Bitcoin for treasury firms. He introduced the concepts of Bitcoin Per Share (BPS) and Common Equity Bitcoin Exposure BPS (CEBE BPS), highlighting how debt and preferred stock claims affect these metrics. Saylor’s explanation aimed to clarify the balance between growth and risk…
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Bitcoin mining difficulty just had its 11th-biggest drop ever
Bitcoin mining difficulty dropped by 10.09% due to lower prices causing weaker miners to go offline, slowing block production. This allowed active miners to increase output. The drop was linked to a decline in Bitcoin’s price in June, leading some miners to shift focus towards AI and high-performance computing.
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Ripple targets $1B revenue run rate without counting XRP holdings
Ripple CEO Brad Garlinghouse has set a $1 billion revenue target for the company by the end of 2026, excluding XRP holdings. Ripple has expanded its business beyond cross-border payments with acquisitions like Hidden Road and the development of RLUSD stablecoin. XRP demand remains separate from Ripple’s core revenue. Regulatory clarity is crucial for Ripple’s…
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Ethereum researcher says $0.07 can add post-quantum account protection
Nico from the Ethereum Foundation suggests that Ethereum accounts can start preparing for post-quantum risks now without waiting for protocol changes. The SPHINCS- project aims to provide post-quantum signature verification on Ethereum at low costs. Privacy, security, and post-quantum work are core priorities on Ethereum’s roadmap.
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Robert Kiyosaki says cash is trash, backs Bitcoin and Ethereum
Robert Kiyosaki reiterated his warning about cash, promoting gold, silver, Bitcoin, and Ethereum as alternative assets. Bitcoin and Ethereum are facing pressure after a selloff. Kiyosaki highlighted the risk of holding cash due to inflation and monetary expansion. Market remains cautious with ETF outflows and macro stress.
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SEC approves T. Rowe Price crypto ETF with BTC, ETH and XRP exposure
The U.S. SEC approved NYSE Arca’s proposal to list and trade shares of the T. Rowe Price Active Crypto ETF, providing investors with exposure to various crypto assets. The fund, using an active strategy, aims to outperform the FTSE Crypto US Listed Index. It includes assets such as Bitcoin, Ethereum, XRP, Dogecoin, and Shiba Inu.
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Strategy CEO says 32 BTC sale was a test, not a cash need
Strategy CEO Phong Le clarified that the company’s sale of 32 BTC was a test of internal systems, not a result of needing cash for dividends. The sale helped assess processes and reduce market shock, with future potential for small sales benefiting common shareholders. Le also discussed potential forced Bitcoin sales and the company’s funding…
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Bitcoin to $70K by July? Scaramucci and Novogratz see a path
SkyBridge Capital founder Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz predict that Bitcoin could reach $70,000 by the end of July 2026. Scaramucci believes the negative sentiment around Bitcoin could drive it higher, while Novogratz ties the outlook to U.S. debt and the need for inflation. They also discussed the impact of the SpaceX…