Why Is Upbit Distancing Itself From Open USD? South Korean crypto exchange Upbit said it is not participating in the issuance of Open USD, pushing back after its operator Dunamu was listed among more than 140 businesses involved in the new dollar-backed stablecoin initiative. The exchange said its involvement had been overstated and framed its
Why Are Bitcoin Exchange Deposits Raising Concern? Bitcoin deposits to exchanges have surged to levels seen only a handful of times this year, a pattern that has historically preceded sharper volatility and larger directional moves across the crypto market, according to CryptoQuant. Daily bitcoin deposits climbed to nearly 49,000 BTC on June 30, close to
Why Is Bitcoin’s Realized P&L Ratio Drawing Attention? Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, placing the market in one of its deepest realized-loss phases since the collapse of FTX in late 2022. The realized P&L ratio measures the net share of bitcoin supply being moved in profit
A senior U.S. Securities and Exchange Commission official said the agency is working toward a more orderly and asset-neutral process for approving exchange-traded funds, including possible confidential filings that could help issuers protect product ideas before launch. Brian Daly, director of the SEC’s Division of Investment Management, said the regulator is assessing how to manage
More than half of the tokenized real-world asset market shows no weekly on-chain activity, exposing a major gap between headline asset growth and actual blockchain-based liquidity. A report by BeInCrypto Research and RWA.xyz found that the tokenized RWA market reached approximately $60 billion as of May 2026, excluding stablecoins and repurchase agreements. However, 56% of
JPMorgan says Strategy’s new Bitcoin sales policy could increase volatility across crypto markets by turning the world’s largest corporate Bitcoin holder from a predictable buyer into a potential two-way flow source. The warning follows Strategy’s late-June capital-management update, which gave the company broader flexibility to sell up to $1.25 billion of Bitcoin. Proceeds could be
U.S. spot crypto exchange-traded funds returned to net inflows on Thursday, July 2, with Bitcoin, Ether and Solana products together attracting approximately $254.7 million after a difficult run of late-June redemptions. Spot Bitcoin ETFs led the recovery with $223.5 million in net inflows, marking a sharp reversal from the previous session’s $296.0 million outflow. Fidelity’s
THEA has raised $8 million in strategic funding to expand its predictive behavioral AI infrastructure and build a Solana-based coordination layer for real-time risk markets. The round was led by Maven11 Capital, Spartan Group, ManifoldTrading, HackVC and Fisher8 Capital, according to company and market reports. THEA said the capital will be used to scale its
U.S. spot Bitcoin exchange-traded funds recorded their first-ever half-year net outflows since launch, according to a DWF Labs report, marking a major shift in the market structure that helped drive Bitcoin’s 2024 and 2025 institutional rally. DWF Labs said U.S. spot Bitcoin ETFs posted approximately $5.4 billion in net outflows during the first half of
Anthropic is in early discussions with Samsung Electronics to manufacture a custom artificial intelligence chip, marking a potential first step by the Claude developer toward building its own silicon stack as compute demand becomes one of the defining cost and capacity constraints in the AI industry. The talks, first reported by The Information and subsequently