Why Did India’s USDT Premium Surge? India’s USDT premium has climbed above 8.5%, more than double its typical range, after Enforcement Directorate raids on crypto remittance firms disrupted the domestic stablecoin supply pipeline. USDT was trading at 102.88 Indian rupees on local platforms over the weekend, compared with a USD-INR interbank closing rate of 94.65
Why Did Strategy Stop Buying Bitcoin Last Week? Strategy paused its bitcoin acquisitions between June 22 and June 28 despite raising about $1.15 billion from sales of its Class A common stock, MSTR. The company’s total bitcoin holdings remained unchanged at 847,363 BTC, according to a Monday filing with the Securities and Exchange Commission. The
The decentralized finance (DeFi) market experienced significant momentum on June 26, 2026, as digital assets staged a sharp recovery following a period of persistent selling. Leading the broader market rebound was Aave (AAVE), the largest decentralized lending protocol, which surged by more than 19% within a 24-hour window. This massive rally propelled the token to
Decentralized exchange Oxium will shut down on Aug. 1 after prolonged weak market conditions made the business financially unsustainable, becoming the latest casualty of a difficult environment for smaller crypto trading platforms. In a statement published on X, the team behind the Sei-based decentralized exchange said declining revenue had made it impossible to continue operating
Why Is The European Parliament Looking Beyond MiCA? The European Parliament’s economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens and decentralized finance should be brought under additional regulation. The recommendations were included in a report tabled Friday for a plenary vote expected on July 7.
Why Are Exchanges Competing For EU Users Now? Coinbase and OKX are offering sign-up and transfer bonuses to users in Europe after Binance told customers in parts of the European Union that it would suspend some services because it will not have a Markets in Crypto-Assets license in place by July 1. The timing turns
Why Have Crypto Markets Fallen So Sharply? Binance founder Changpeng “CZ” Zhou said there is no simple explanation for the sharp decline in crypto markets during the first half of 2026, pointing to a mix of geopolitical tensions, capital rotation into artificial intelligence, and the industry’s recurring 4-year market cycle. Bitcoin opened 2026 near $89,000,
What Has SecondFi Promised Affected Users? Cardano wallet SecondFi has identified a recovery path for users affected by Tuesday’s exploit and expects to begin returning assets in about 2 weeks, pending development, testing, and security reviews. Phillip Pon, CEO of SecondFi developer Emurgo, said the company has completed forensic investigations and established a pathway to
Why Is Tether Bringing XAUT To Ledn? Tether is expanding the use of its gold-backed token by bringing Tether Gold, known as XAUT, to crypto lender Ledn, as the stablecoin issuer looks to turn one of the world’s largest privately held gold reserves into more active digital collateral. Ledn said it is adding support for
Why Are IBIT Investors Now Under Pressure? The average investor in BlackRock’s iShares Bitcoin Trust is now down roughly 40%, a sharp reversal from gains of about 30% as recently as mid-2025, according to Bespoke Investment Group data reported by Bloomberg. The shift shows how quickly the spot bitcoin ETF trade has turned against mainstream