Author: driver789

The market capitalization of compliant euro stablecoins grew 128% in the year leading up to the end of the Markets in Crypto-Assets Regulation (MiCA) transition period, according to payments infrastructure firm Decta.Decta said in a Sunday report that the combined market cap of eight MiCA-compliant euro stablecoins rose to $673.9 million on June 28, 2026, from $295.6 million on June 30, 2025. Trading volume rose 43.1% to $67.3 million from $47 million. The number of MiCA-compliant euro stablecoins tracked in the report also rose to eight from five over the period.Decta tracked eight euro stablecoins that were actively issuing tokens…

The treasury of Solana-based memecoin project, BONK ($0.00 · Live), has been drained of over $21 million, via a malicious governance proposal. A single address, accounting for 882 billion BONK, voted in favor — just enough to reach quorum. Apparent disinterest from other holders led to just six other voters, and the proposal passed with 99.9% of votes in favor. The proposal, BIP 76, was submitted on June 30 and ostensibly aimed to implement a new “Sowellian” governance model. However, the camouflage was somewhat lacking in sophistication, with just two proposed actions: “Add Metadata,” and “Send 4.426.104.450.305 Bonk to 9bxWkN…”.…

Ethereum traded near $1,777.49 at the time of writing, up 0.5% in the past 24 hours, according to crypto.news market data.  Summary Ethereum must close above $1,800 to strengthen the short-term bullish setup, analysts say. Binance liquidity has improved, but rising exchange reserves still pose selling pressure near $2,000 resistance. MACD and RSI support recovery, while $1,750 remains the key level for bullish invalidation. The token had a 24-hour low of $1,732.10 and a high of $1,819.88, while daily trading volume stood near $17.08 billion. The move kept ETH close to the $1,800 area, which traders now view as the…

Bitcoin treasury firm Strategy’s recent sale of 3,588 Bitcoin has sparked debate across the cryptocurrency market, but asset manager Grayscale believes the move could ultimately strengthen Bitcoin’s long-term outlook. According to Grayscale Head of Research Zach Pandl, the sale may help the market establish a more durable bottom by reducing concerns over Strategy’s financing model and improving investor confidence. Grayscale Research believes @Strategy‘s Bitcoin $BTC ($63,356.00 · Live) sale last week may reduce financing risk and support Bitcoin price stability. The recent ~$216M sale boosted Dollar reserves to cover ~17 months of dividend payments. The rebound in $STRC suggests investors…

Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen.This pressure will come from the need to satisfy users’ desire for faster speeds or more block space for higher throughput, Chen told Cointelegraph’s Chain Reaction podcast on Monday. “In our mind, it’s essentially about finding scaling opportunities without compromising the fundamental pillars that define what a blockchain is,” he said. With blockchain adoption accelerating due to institutional adoption and agentic AI finance, this tension is about to be tested on a much larger scale. Part of…

The Trump administration’s plan to create a US Strategic Bitcoin Reserve (SBR) is reportedly running into an unexpected hurdle: an internal dispute over the reserve’s legal structure and which federal agency should hold primary oversight of the Bitcoin assets. The disagreement centers on how the reserve would be organized and managed, according to reporting from Bloomberg and people familiar with the matter. While US President Donald Trump’s March 2025 executive order envisioned housing the SBR within the Treasury Department—with other agencies supporting tasks tied to asset seizures—questions have emerged about whether Treasury has the legal authority to manage Bitcoin holdings.…

Ethereum has climbed about 12% since July 1 as weaker-than-expected U.S. employment data and renewed institutional inflows pushed buyers back into the market, although the asset now faces heavy resistance near the $1,800 level. Summary Ethereum has gained about 12% since July 1 after weak U.S. jobs data boosted expectations for Fed rate cuts. Spot Ethereum ETFs ended an eight-week outflow streak as BlackRock’s ETHA helped drive $29.1 million in net inflows. Bulls are defending $1,750 support, while a breakout above $1,800 could trigger another wave of short liquidations. Ethereum’s rally gathered pace after the U.S. Bureau of Labor Statistics…

The United Nations Development Programme (UNDP) is moving from blockchain pilots to a wider rollout of blockchain-based payments after signing a new agreement with the Stellar Development Foundation. The initiative builds on 16 months of testing in multiple countries and aims to define how UNDP country offices can use blockchain payments across a broader set of development and humanitarian programs. According to UNDP, the new phase will focus on creating a repeatable process that offices can apply, following pilot projects in Haiti, Syria, Kenya, Guatemala and The Gambia, with additional work reported in Colombia and Papua New Guinea. UNDP said…

Ethereum co-founder Vitalik Buterin has unveiled a multi-year roadmap that places native privacy, quantum resistance, and protocol simplification at the center of Ethereum’s next major upgrade, describing it as the network’s largest transformation since The Merge. Summary Vitalik Buterin has proposed Ethereum’s biggest protocol overhaul since The Merge with a multi-year roadmap. The plan prioritizes native privacy, quantum-resistant cryptography, and more efficient transaction verification. The roadmap remains a draft, with the Hegotá fork expected to be the final upgrade before the Lean Ethereum era. According to a roadmap published on Strawmap.org and shared by Buterin on X over July 6,…

BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…