U.S. institutional demand had its worst month ever in June. Large holders absorbed the selling, marking a divergence that has shown up near past cycle bottoms.
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Tokenization could make finance faster and cheaper. It also makes it more vulnerable to sudden shocks, the International Monetary Fund said.
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Europe head Gillian Lynch said Binance met Greece’s licensing requirements and that the company remains committed to the EU, despite withdrawing its MiCA application days before the July 1 deadline.
Spot ETFs had their strongest inflow day in two months, driven by funds other than BlackRock’s IBIT.
Buyers defended a higher low and pushed XRP toward near-term resistance, though the move still needs a clean break above $1.10 to confirm momentum.
Bearish traders lost $281 million in liquidations over 24 hours, nearly double the longs, as bitcoin pushed to its strongest level in two weeks. Ether is up almost 10% on the week and solana nearly 19% while a rebound in tech stocks eased the pressure from the AI trade.
The newly-public company’s shares are the largest issuer-sponsored tokenized stock at launch, aiming to make a point against rival third-party stock token issuers.
The proposal aims to give the American public a financial stake in AI while easing political scrutiny of the industry.
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The Japanese firm, now the world’s third largest publicly traded bitcoin holder, reported stronger Bitcoin Income Generation revenue.