CMC Crypto News

CoinShares warns Open USD's yield-sharing model threatens Circle's USDC margins as supply falls to $73B. Mizuho cuts Circle's price target to $50 amid growing competition.

ParaFi-backed Tradable will move up to $1B in private credit to Stellar, expanding its tokenization infrastructure beyond ZKsync as institutional demand for on-chain assets grows.

Czech authorities added Polymarket to its gambling blacklist, giving ISPs 15 days to block access as EU and US regulators tighten rules on prediction markets.

Former Ethereum Foundation privacy team members launched EthSystems, backed by Joe Lubin, Bitmine, and SharpLink, to build confidential systems for institutional Ethereum use.

Ark Invest added ~$14M in Circle shares across 3 ETFs on July 14 while buying $1.5M in Block Inc and trimming $3.15M in Robinhood stock.

South Korea's Ministry of Finance and Economy plans a new National Asset Basic Act to bring virtual assets and IP under state property management for the first time.

Japan's JCB has signed an MOU with Circle to test USDC for cross-border treasury transfers and merchant payments, adding to a wave of stablecoin pilots in Japan.

The US and UK treasuries have issued joint recommendations on stablecoins and tokenized assets as the Fed races to meet a July 18 deadline on GENIUS Act rules.

The ECB has picked 36 payment providers, including Deutsche Bank and Revolut, for a 12-month digital euro pilot starting H2 2027, with possible 2029 issuance.

JPMorgan lowered earnings forecasts for Circle and Coinbase after a new Hyperliquid revenue deal reshaped USDC economics, threatening Circle's stablecoin business.

June CPI fell 0.4% month-over-month, its steepest drop since April 2020, pushing BTC past $64K. Traders flag $64.8K resistance as Iran tensions cloud the outlook.

South Korea's finance ministry outlined H2 2026 plans for a govt bond tokenization pilot, spot crypto ETFs, a Digital Asset Basic Act, and a $535.6B semiconductor push.

The ABA, ICBA, and 76 state banking groups warn Senate leaders that yield loopholes in the CLARITY Act's Section 404 could trigger deposit flight from community banks.

US spot Bitcoin ETFs lost $424.66M in a single day on July 13, pushing 2026 net outflows to $5.8B and casting doubt on signs of an institutional recovery.

Robinhood Chain ranked among the top 5 networks by DEX volume in its first week, drawing $3.1B in trades and 65K+ users to its Arbitrum-based tokenized asset network.

Bolivia is reviewing a plan to add Tether's USDT to its payments system after crypto transaction volumes surged 630% following the removal of restrictions in 2024.

Binance's June futures volume hit $1.61T, up 80% from May, reaching a 2026 high while total CEX futures fell for a 3rd straight quarter and spot volume hit a 2-year low.

Trump called on the Senate to pass the CLARITY Act in honor of Sen. Graham, but Democrats say the bill must bar officials from profiting on crypto before it can advance.