Crypto & Web3

South Korea’s 8% stock crash set up a crypto rotation but Upbit volume rose just 4%

The July 14 snapshot stayed 27% below the 30-point average despite two successive increases.

‘Soft print, hard regime’: Bitcoin climbs toward $64,000 as June CPI falls 0.4% in largest monthly drop since 2020

June CPI fell 0.4% and core held at 2.6% annually, lifting BTC toward $64,000 as analysts flip from fears to a summer recovery case.

Ethereum Foundation Clear Signing Push Targets Crypto’s Blind Approval Problem

Ethereum Foundation Clear Signing Push Targets Crypto’s Blind Approval Problem is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure, regulatio

Anchorage Digital expands Tron support with institutional TRX staking

Institutions can now stake Tron's native token directly from Anchorage's custody platform as the company expands support for one of the largest USDT settlement networks.

ECB Picks Revolut, Stripe, and 34 Others to Test the Digital Euro

JPMorgan says Hyperliquid's rise threatens Circle's USDC economics

Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged stablecoin.

Sources: data center operator Switch has hired investment banks for a US IPO that could raise up to $10B and value it at $80B, set for as soon as Q4 (Reuters)

Reuters: Sources: data center operator Switch has hired investment banks for a US IPO that could raise up to $10B and value it at $80B, set for as soon as Q4 — Data center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion dollars soon.

Ethereum Foundation spinout EthSystems targets banks with blockchain privacy technology

The spinout comes amid one of the biggest organizational shakeups at the Ethereum Foundation in years.

CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute

Bitcoin Magazine CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute CleanSpark, the Nasdaq-listed bitcoin miner, said on July 14 that it has signed a 20-year infrastructure lease with an unnamed high-investment-grade global technology company at its campus in Sandersville, Georgia. The deal marks the firm’s largest step from pure bitcoin mining toward high-performance computing for hyperscale clients. The lease covers data center infrastructure that will […] This post CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitmine, SharpLink and Joe Lubin Back EthSystems’ Institutional Ethereum Privacy Push

EthSystems Launches Privacy Tools for Institutional Ethereum

Bitmine and SharpLink backed the launch, and the founding team spent the past year running the Ethereum Foundation's Institutional Privacy Task Force.

XRP’s $1 rebound faces holders trapped above $2

Glassnode reported that XRP holders who bought between 6 and 12 months ago have an average cost basis near $2.22, roughly 52% above the token's price of $1.08 on July 14, and far above the $ 1.09-$1.11 realized price for coins bought in the past month. XRP perpetual funding spanned a 2.6-basis-point range as of

Coinbase Matches Robinhood's 7% Yield With a Different Design

Robinhood pays only the gap between organic yield and a 7% target for a year; Coinbase pays market rate plus token rewards with no ceiling and no end date.

Tether Leads $7M Series A in Pact Labs for USA₮ Payroll

The stablecoin issuer's latest strategic bet targets payroll, wage access and everyday payments rails for its US-focused USA₮ token.