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blockonomi.com Circle Stock Drops as Open USD Stablecoin Challenges USDC

TLDR Circle stock dropped more than 16% after Open USD was announced. Open USD is backed by major firms including Visa, Mastercard, and BlackRock. The project introduces a revenue-sharing model that differs from USDC. Circle and Coinbase currently earn income from USDC reserve assets. Open USD allows users to mint and redeem tokens without fees. [...] The post Circle Stock Drops as Open USD Stablecoin Challenges USDC appeared first on Blockonomi.

blockonomi.com Cardone Capital Tops 2,700 BTC as Bitcoin Holds Near $59K

TLDR Cardone Capital increased its Bitcoin holdings to over 2,700 BTC during the recent price decline near $59,000. The firm funded its Bitcoin purchases using rental income from its real estate portfolio. Cardone Capital added 282 BTC earlier this month, valued at roughly $18 million at the time. The company holds about $200 million in [...] The post Cardone Capital Tops 2,700 BTC as Bitcoin Holds Near $59K appeared first on Blockonomi.

news.bitcoin.com Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%

Bitcoin faced significant volatility at the end of June, sliding toward $58,000, erasing recent gains, and putting it on track for double-digit monthly losses. Bitcoin’s June Decline Bitcoin looked poised to end June with double-digit losses after it slid toward $58,000 on Tuesday. Market data shows the top cryptocurrency tumbled from over $60,000 on Monday […]

news.bitcoin.com SEC Opens 27-Question Review of Novel ETFs, Puts Crypto Products in Focus

The U.S. Securities and Exchange Commission (SEC) asked the public on June 30, 2026, to weigh in on how it regulates exchange-traded funds built around crypto assets, event contracts, and other nontraditional holdings. SEC Opens Review With 27 Questions The agency published Release No. 33-11426, a formal request for comment that poses 27 questions but […]

cryptobriefing.com Google DeepMind’s Gemini Omni Flash ranks second in Video Edit Arena, nearly 40 points ahead of third place

Gemini Omni Flash's strong debut signals a shift towards accessible, professional-grade video editing, reshaping content creation dynamics. The post Google DeepMind’s Gemini Omni Flash ranks second in Video Edit Arena, nearly 40 points ahead of third place appeared first on Crypto Briefing.

blockonomi.com UK Unveils Sweeping Crypto Rules to Boost Global Hub Ambitions

TLDR The UK Financial Conduct Authority introduced new crypto rules covering trading platforms, custody, and lending activities. The framework requires firms to hold capital based on their risk exposure and conduct annual stress tests. The crypto rules extend to stablecoin issuers with reduced capital requirements set at one percent. The regulator introduced market abuse controls [...] The post UK Unveils Sweeping Crypto Rules to Boost Global Hub Ambitions appeared first on Blockonomi.

blockonomi.com Strategy Plan Sparks Debate as MSTR and STRC Stocks Jump

TLDR Strategy introduced a new capital framework that allows potential Bitcoin sales to raise liquidity. Strategy stocks MSTR and STRC recorded strong gains before easing in premarket trading. Benchmark reaffirmed a Buy rating and said the new model improves capital flexibility. Strategy shifted from pure Bitcoin accumulation to a more active balance sheet management approach. [...] The post Strategy Plan Sparks Debate as MSTR and STRC Stocks Jump appeared first on Blockonomi.

blockonomi.com AVAX Treasury Collapse Raises Doubts Over Company Survival

TLDR Avalanche Treasury Corp told regulators it may not survive the year due to financial strain. The company cited “substantial doubt” about its ability to continue as a going concern. AVAX price declines led to major writedowns and over $26 million in quarterly losses. The firm’s AVAX holdings dropped to nearly half of their original [...] The post AVAX Treasury Collapse Raises Doubts Over Company Survival appeared first on Blockonomi.

cryptobriefing.com Ecuador denounces travel delays ahead of World Cup match against Mexico as crypto prediction markets react

Ecuador's travel woes highlight the challenges of acclimatization and underscore the growing influence of crypto in sports betting markets. The post Ecuador denounces travel delays ahead of World Cup match against Mexico as crypto prediction markets react appeared first on Crypto Briefing.

cryptobriefing.com Concacaf president Victor Montagliani profiled by The Guardian as World Cup unfolds across North America

Montagliani's leadership has revitalized Concacaf, enhancing North America's influence in global football and setting a precedent for future collaborations. The post Concacaf president Victor Montagliani profiled by The Guardian as World Cup unfolds across North America appeared first on Crypto Briefing.

bitcoinmagazine.com Anchorage Digital and Binance Launch Off-Exchange Settlement for Institutional Crypto Trading

Bitcoin Magazine Anchorage Digital and Binance Launch Off-Exchange Settlement for Institutional Crypto Trading Anchorage Digital and Binance launched off-exchange settlement for institutional crypto trading, allowing institutions to trade on Binance while keeping their assets in segregated custody at Anchorage Digital Bank instead of on the exchange. This post Anchorage Digital and Binance Launch Off-Exchange Settlement for Institutional Crypto Trading first appeared on Bitcoin Magazine and is written by Micah Zimmerman.