Coins from the Farace and BTC-e seizures moved through fresh wallets before landing on the exchange, despite president Donald Trump’s previous no-sell reserve order.
Solo Bitcoin mining has surged, with 24 blocks found in the past 12 months, a 41% increase year over year.
Major cryptocurrencies have dropped by 2% or more in 24 hours as traders boosted bets of a July Fed rate hike.
Binance.US is betting ultra-low fees, new regulated products and deeper liquidity will help it regain customers after two years of regulatory setbacks.
Structural change can create lasting opportunities, but explosive rallies in semiconductors, metals and bitcoin show how quickly strong narratives can become speculative excess.
Your look at what’s coming in the week starting July 13.
The liquidations were minor, running at about a sixth of what the market saw at its worst over the past 30 days, per CoinGlass.
Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is little-changed.
Signs of life?: State of Crypto
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Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain.
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022’s Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said.
The group’s Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet.
The U.S. hit Iran for the third time this week and Tehran has reportedly closed the Strait of Hormuz again.