CMC Crypto News

A trader swapped $2.01M in ETH on a DEX and walked away with just $14.5K after a router pushed the order through a near-empty pool, netting a block builder $1.8M.

Strategy sold 3,588 BTC to cover preferred stock dividends, lifting USD reserves to $2.55B. Grayscale says the move may give Bitcoin a more durable price floor.

Gold fell 0.58% to $4,141 per ounce on July 7 while the US dollar firmed. JPMorgan cut its Q4 target by 25% but still expects gold to reach $4,500 by year-end.

BitMine added $74M in ETH on July 6, lifting its treasury to 5.74M ETH worth ~$10B. Chair Tom Lee tied the buy to CLARITY Act passage odds hitting 50%.

BonkDAO lost ~$20M in BONK on July 6 after an attacker passed a malicious governance proposal. South Korea's Upbit suspended deposits and withdrawals.

Strategy sold 3,588 BTC for ~$216M between June 29–July 5 under a new Bitcoin Monetization Program as BTC trades below its $75,476 average cost basis.

A Glassnode report shows BTC in consolidation: spot selling cooled, futures OI hit $30.9B, ETF outflows fell 63%, but rising hot capital signals volatility risk.

American Bitcoin Corp raised its BTC treasury to 8,000 BTC on July 6, while its 1-for-15 reverse stock split began trading on a split-adjusted basis on Nasdaq.

On-chain analysts say Summer(dot)fi lost $6M on July 6 after an attacker used a $65.4M flash loan to manipulate vault accounting and swap funds into DAI stablecoins.

Ripple secured full MiCA CASP authorization from Luxembourg's CSSF, allowing it to offer regulated crypto payments across 30 EEA countries. Its global licenses now top 75.

South Korea's Supreme Court proposed amendments formalizing crypto seizure and liquidation rules for civil courts, with public comment until Aug. 11 and rules due in October.

Ethereum co-founder Vitalik Buterin outlined a 3-4 year protocol overhaul targeting quantum safety, privacy, cheaper data storage, and a potential EVM replacement.

Kraken now accepts 10 tokenized stocks and ETFs as collateral for futures and margin trading outside the US, with haircuts of 10-30% based on volatility.

BTC climbed to ~$63.5K over the July 4 weekend, yet US spot Bitcoin ETFs shed ~$527M in a record 8th straight week of net outflows despite a strong July 2 inflow.

Sen. Kirsten Gillibrand proposed barring members of Congress and the US president and their spouse from issuing digital assets amid stalled crypto legislation.

BTC deposits hit ~49K on June 30, with ETH and altcoin inflows also surging, patterns historically linked to major price moves and selling pressure, CryptoQuant reports.

US users are Polymarket's largest political market by volume and wallet count despite being blocked from the platform, according to blockchain research firm Allium.

Mark Zuckerberg told Meta staff on July 3 that AI agent development hasn’t accelerated as expected, though he eyes progress as Meta’s Business Agent expands globally.