Business
Bitcoin Crashes to $58,000 as 4.1% Inflation Triggers Historic Power Law Support Break
Bitcoin plummeted 13% to breach $58,000 following an unexpected rise in May PCE inflation to 4.1%, wiping out $896.3 million in trader liquidations.
Business
European Parliament advances DeFi and NFT regulation vote ahead of MiCA rollout
The European Parliament’s economic committee passed a resolution Friday urging the assessment of DeFi, staking, and NFTs ahead of a July 7 plenary vote.
Business
Chainlink Adds 6,100 Wallets as APAC Equities Stream Defies Crypto Selloff
Chainlink added 6,182 new LINK wallets in two days, pushing the total number of non-micro addresses to 535,000—the highest network participation metric since December 2022.
Business
1,250% Risk Weight: How Basel Crypto Rules Freeze Banks Out of Digital Assets
Under the new Basel Committee SCO60 rules, banks must set aside one dollar of equity for every dollar of Bitcoin exposure, severely restricting Wall Street's digital asset operations.
Business
Walmart Slashes Tech and Fashion Prices Up to 87% to Counter Prime Day
Walmart is currently running a summer retail event through June 28, cutting prices on tech and fashion by up to 87%. The Btootos Magnetic Wireless Portable Charger dropped to $20.99 from $159.99.
Business
Solana Reclaims $72 on Jupiter Aggregator Volume While Base Captures DEX Market Share
Solana bounced to $72 on June 26, driven by $113 million in tokenized stock volume, even as network total value locked dropped 11 percent amid heavy Layer-2 competition.