Author: James Wilson
Spain has recorded the largest fan token burn of the FIFA World Cup 2026 after more than 1.16 million SPAIN Fan Tokens were permanently removed from circulation following the team’s quarter-final victory. Summary Spain burned 1.16 million SPAIN Fan Tokens after defeating Belgium in the World Cup quarter-finals. The Burn to Glory campaign has now removed nearly 3 million SPAIN tokens from circulation. Chiliz and LBank expanded fan token trading with new futures products and live trading competitions. According to Chiliz, Spain’s 2-1 win over Belgium triggered the destruction of 1,161,234 SPAIN Fan Tokens under its Burn to Glory campaign,…
Strategy has raised $466.7 million through fresh MSTR stock sales while leaving its Bitcoin holdings unchanged at 843,775 BTC for the week ending July 12. Summary Strategy raises $466.7 million through MSTR stock sales. Company keeps Bitcoin holdings unchanged at 843,775 BTC. Standard Chartered maintains $100,000 Bitcoin target despite treasury concerns. According to a Form 8-K filed with the U.S. Securities and Exchange Commission (SEC), Michael Saylor-led Strategy sold 4,818,781 Class A MSTR shares between July 6 and July 12 through its at-the-market (ATM) program, generating approximately $466.7 million in net proceeds. Despite the capital raise, the company reported that…
President Donald Trump has confirmed that he will unveil newly declassified 2020 election intelligence during a Thursday night address alongside top U.S. national security officials. Summary Trump will deliver a primetime address on newly declassified 2020 election intelligence. Government reports found no evidence foreign actors changed votes or election results. Markets are watching as Polymarket assigns an 8% chance of a court overturning the 2020 election. According to MS NOW, Trump is scheduled to speak to the nation on Thursday at 9:00 PM ET alongside CIA Director John Ratcliffe, Homeland Security Secretary Markwayne Mullin, FBI Director Kash Patel, and Acting…
Bitcoin has entered a high-risk week as fresh inflation data and renewed Federal Reserve rate concerns have intensified pressure on crypto markets. Summary Bitcoin faces renewed pressure ahead of the U.S. CPI and PPI inflation reports. Fed Governor Christopher Waller’s hawkish comments have lifted September rate hike expectations. Investors are also tracking CLARITY Act developments as another key crypto market catalyst. According to Reuters, Federal Reserve Governor Christopher Waller warned that the U.S. central bank could consider raising interest rates if inflation continues to remain above its 2% target, placing investors on alert before this week’s key economic releases. His…
Bolivia has moved closer to recognizing Tether’s USDT as an official payment option alongside the boliviano and the U.S. dollar as the country continues to grapple with a prolonged shortage of foreign currency. Summary Bolivia is considering recognizing USDT as an official payment option alongside the boliviano and U.S. dollar. Local banks already support USDT services as the country struggles with a prolonged dollar shortage. Tether is expanding institutional use of USDT while pursuing stronger reserve transparency through a KPMG audit. According to reports from Bolivia, government officials are weighing a proposal that would allow USDT to circulate as part…
Bitcoin has slipped over 2% toward $62,000 after President Donald Trump reinstated an Iranian blockade in the Strait of Hormuz and announced new cargo fees for ships crossing the waterway. Summary Bitcoin fell below $63,000 after Trump announced the return of the Iranian blockade in the Strait of Hormuz. Trump said the U.S. will charge a 20% cargo fee while protecting commercial shipping through the strategic waterway. Polymarket traders now see only a 16% chance that Hormuz shipping will return to normal by Aug. 31. According to a July 13 Truth Social post by President Trump, the renewed blockade will…
President Donald Trump has urged the Senate to pass the CLARITY Act in honor of the late Senator Lindsey Graham as lawmakers face a narrowing window before the August recess. Summary Trump has urged the Senate to pass the CLARITY Act in honor of the late Senator Lindsey Graham. Senate negotiators are racing to finalize a merged draft before Congress begins its August recess. Ethics disputes over Trump’s crypto business interests continue to complicate the bill’s path forward. Trump links crypto bill to Graham’s legacy In a Truth Social post, President Trump called on senators to pass the CLARITY Act…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI-powered cloud mining platforms are simplifying crypto participation by automating resource management, optimization, and daily operations for users. Summary XRPPower launches an AI-powered cloud mining platform, simplifying crypto mining with automation and enhanced security. The platform has unveiled an AI-driven cloud mining services with automated management, security upgrades, and compliance focus. It has expanded its AI cloud mining platform, highlighting automation, governance, and multi-layer security for users. Over the past few years, cloud mining has undergone several technological iterations,…
Bitcoin is trading around 62,700 dollars, and Jurrien Timmer, Fidelity’s director of global macro, is watching it drift toward a line he has tracked for more than a decade. Summary Bitcoin is trading near Fidelity’s power law support zone, with the model’s lower boundary around 58,000 dollars. Jurrien Timmer views the area as an accumulation zone but is not calling a bottom without a clear catalyst. The power law support has aligned closely with major Bitcoin lows in 2015, 2018, and 2022. Bitcoin’s deviation from trend and its underperformance against gold now resemble prior cycle-bottom conditions. The main missing ingredient…
On July 12, Uniswap founder Hayden Adams posted a number that would have sounded like satire during the governance-token winter: the protocol is generating 5.2 million dollars in daily fees, more than any protocol in crypto other than the two giant stablecoins, and far more than the perpetuals and memecoin venues that dominated the fee leaderboard for the past two years. Summary Uniswap is generating more than 5 million dollars in daily fees, driven largely by Robinhood Chain activity. Robinhood Chain recorded 500 million dollars in daily Uniswap volume within eight days of launch. The UNIfication program burns UNI against…