Cryptocurrency News

LAB Trade’s native token collapses 90% in 48 hours, wiping out billions in market cap amid insider control and manipulation allegations. LAB Trade Blames ‘Large Market Participants’ LAB, the native token of the multi-chain trading platform LAB Trade, suffered a catastrophic collapse this week, plunging from just over $7 to $1.25 on Wednesday—a staggering 80%…Read More

Trust Wallet has integrated Robinhood Chain, an Ethereum-compatible Layer-2 network, into its mobile app and browser extension. Expanding Self-Custody Access Trust Wallet has integrated Robinhood Chain into its mobile application and browser extension, enabling users to manage assets on the network within a self-custody framework. According to a company announcement, the integration allows users to…Read More

Bitcoin Magazine Bitcoin Slips to $62,000, Paring Rebound as CryptoQuant Sees Room Higher Bitcoin slipped to around $62,000 after rebounding from last week’s $57,700 low, while CryptoQuant says improving demand, seasonality and valuation support further gains, though its bearish Bull Score Index suggests the move remains a bear-market recovery rather than a full trend reversal.…Read More

Europe’s top securities regulator has clarified that many prediction-market event contracts already fall under the EU’s existing retail ban on binary options – meaning the restriction is live law, not a proposed rule – while contracts issued as blockchain tokens may instead be caught by the bloc’s crypto framework. The statement leaves platforms such as…Read More

The United States has lost 10,763 crypto automated teller machines (ATMs) since the network stood at 38,708 machines 68 days ago on May 1, and coinatmradar.com data shows the decline accelerated once state regulators started shutting kiosks down for good. Bitcoin ATM installations growth data from coinatmradar.com shows steady expansion from 2020 through 2022, when…Read More

Crypto exchange-traded fund (ETF) flows stayed positive on Tuesday, July 7, as bitcoin ETFs recorded a third straight day of inflows and ether ETFs stretched their winning run to four sessions. Ether ETFs Extend 4-Day Inflow Run as Blackrock’s ETHA Adds $26.9 Million The rebound did not roar. It held. After weeks of bruising redemptions,…Read More

Bitcoin Magazine CFTC Chair Says Clarity Act Is ‘So Close’ As August Deadline Nears CFTC Chairman Michael Selig urged Congress to pass the Clarity Act before the August recess, saying the crypto market-structure bill is “so close” despite ongoing disputes over ethics and stablecoin provisions. This post CFTC Chair Says Clarity Act Is ‘So Close’…Read More

Bitcoin Magazine Bull Bitcoin Files Landmark Legal Challenge to Annul France’s DAC8 Crypto Data Surveillance Rules The filing marks the first major legal challenge to DAC8 in the EU. Bull Bitcoin warns that forced consolidation of user data undermines both privacy and the regulation’s own tax-collection goals by driving users toward unregulated alternatives. This post…Read More

Bitcoin Magazine Schwab Strategist Backs Strategy’s STRC Playbook Amid Bitcoin Weakness Schwab strategist Jim Ferraioli said Strategy’s recent preferred stock actions have eased near-term liquidity concerns despite Bitcoin’s decline. This post Schwab Strategist Backs Strategy’s STRC Playbook Amid Bitcoin Weakness first appeared on Bitcoin Magazine and is written by Micah Zimmerman.Read More

Bitcoin Magazine Cantor SPAC and Adam Back’s Bitcoin Treasury Renegotiate Merger Terms, Vow New Structure Cantor-backed SPAC CEPO and Adam Back’s Bitcoin Standard Treasury Company scrapped the original terms of their planned merger and will negotiate a revised structure designed to better reflect current market conditions. This post Cantor SPAC and Adam Back’s Bitcoin Treasury…Read More