Grosscrypto News

Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'

Bitcoin drops to $58K on high US PCE inflation as trader sees

Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.

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Why Wall Street values some crypto firms for AI power, not just crypto

Why Wall Street values some crypto firms for AI power, not just crypto - Latest Cryptocurrency News

Galaxy Digital’s stock surge points to a new trend: Investors are rewarding some crypto firms for AI infrastructure, not just digital asset exposure.

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Story Protocol rebrands to DATA Foundation in AI pivot

Story Protocol rebrands to DATA Foundation in AI pivot - Latest Cryptocurrency News

Story Protocol is now the DATA Foundation as it aims to provide licensable data to AI firms that have “run out of internet to scrape.”

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SBI to acquire Bitbank in $289M deal creating Japan's biggest crypto exchange

SBI to acquire Bitbank in $289M deal creating Japan

The Japanese financial conglomerate plans to take full control of Bitbank as it expands an ecosystem spanning crypto trading, stablecoins, tokenization and blockchain infrastructure.

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About 60% of World Cup bettors on Polymarket are first-time crypto users

About 60% of World Cup bettors on Polymarket are first-time crypto users - Latest Cryptocurrency News

Polymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for the first time during their prediction market entry.

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Spark migrates $150M in stablecoin to Uniswap to advance shared liquidity

Spark migrates $150M in stablecoin to Uniswap to advance shared liquidity  - Latest Cryptocurrency News

Spark deployed approximately $150 million across two Uniswap v4 pools on Ethereum, while its DualPool hook and Shared Liquidity Layer are planned for later phases.

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Binance faces EU service limits next week as MiCA rules take effect

Binance faces EU service limits next week as MiCA rules take effect - Latest Cryptocurrency News

Binance will limit EU onboarding and services from July 1 under MiCA rules after failing to gain authorization from a member state, while withdrawals remain available for users.

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Circle, Nomura eye Japan corporate FX with stablecoin settlement: Report

Circle, Nomura eye Japan corporate FX with stablecoin settlement: Report - Latest Cryptocurrency News

Circle and Nomura are reportedly partnering to enable stablecoin-based foreign exchange settlement for Japanese companies as the country's regulated blockchain-based financial infrastructure expands.

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Iran-linked entities moved $3.8B through CoinEx, TRM says

Iran-linked entities moved $3.8B through CoinEx, TRM says - Latest Cryptocurrency News

TRM Labs traced $3.8 billion moved by 60 sanctioned Iranian entities through CoinEx and said that the exchange’s 8% share of illicit transactions was substantially higher than its counterparts.

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Indonesia sets certification rules for influencers recommending crypto

Indonesia sets certification rules for influencers recommending crypto  - Latest Cryptocurrency News

Indonesia’s financial regulator will require influencers recommending crypto and other digital assets to hold relevant certifications as regulators worldwide tighten oversight of finfluencers.

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