Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

England beat the Democratic Republic of the Congo 2-1 in Atlanta on July 1, with Harry Kane scoring twice after trailing 1-0 in the final 15 minutes, at the first 48-team FIFA World Cup. Off the pitch, the crypto angle is led by the Kraken FIFA deal. Kraken, the US exchange, was announced on June 9, 2026 as FIFA World Cup 2026 “Official Crypto Exchange Supporter” under a category-exclusive arrangement. The deal aims to boost fan engagement and crypto adoption across North America and Europe. For crypto traders, the practical takeaway is whether this visibility translates into fan token demand. The article notes a lack of meaningful trading activity in fan tokens tied to England or the DRC during this specific match, suggesting the fan-token market has not yet built a durable floor. Overall, the Kraken FIFA deal may support broader sentiment during major sports cycles, but this England vs DRC game did not trigger clear, measurable demand—so near-term trading impact looks more subdued than typical token-driven headlines. Separately, the broader risk backdrop remains around Bitcoin scams and celebrity-impersonation promos.

Peter Stokes, a 19-year-old dual US-Estonian national, was extradited to the United States and charged in Chicago over alleged involvement with Scattered Spider. Prosecutors say the crew is known for crypto ransom schemes built around help-desk social engineering rather than typical malware. The latest allegations tie Stokes to a May 2025 breach of a luxury jewelry retailer. The attackers demanded about $8 million in cryptocurrency, but the company refused to pay. Even without payment, the incident cost the victim more than $2 million in recovery, restoration, and disruption fallout. Investigators seized 2 TB of data from drives found on Stokes, and prosecutors link him to at least four separate intrusions, allegedly starting when he was 16. Scattered Spider (also tracked as Octo Tempest and UNC3944) has been linked to 100+ corporate intrusions and aggregate ransom demands above $100 million. For traders, this is primarily a law-enforcement update. It reinforces ongoing crypto ransom risk and may support a safer-by-design narrative for incident response, but it is unlikely to move major spot markets on its own.

The ECB rate hike returned to focus after June 11 policy action. The ECB raised the deposit facility rate by 25 bps to 2.25%. ECB President Christine Lagarde said the decision was data-driven and unanimous, after energy disruption linked to the Middle East pushed euro-area inflation higher. ECB projections now argue that, without the ECB rate hike, inflation would stay above the 2% target through 2028. With the ECB rate hike, inflation is expected to return to target by Q4 2027. The ECB also outlined growth forecasts: real GDP growth of 0.8% (2026), 1.2% (2027), and 1.5% (2028), while keeping future policy data-dependent—leaving room for more tightening. For crypto traders, the key transmission is FX and liquidity. Higher euro rates typically support the euro versus risk assets, which can pressure Bitcoin spot flows and leverage. A partial offset is possible in euro-denominated stablecoin activity, where higher ECB yields may improve reserve returns for issuers. Net effect: the ECB rate hike signals priority on inflation control over easing, a backdrop that often weighs on high-beta crypto in the short term—especially BTC.

Algeria World Cup qualification was confirmed after a chaotic 3-3 draw with Austria, with the team advancing from Group J on 4 points and eliminating Iran. With the 2026 World Cup expanding to a 48-team format, the matchup also became a focal point for crypto traders watching real-world event pricing. A major crypto link followed: FIFA named Kraken as its first official crypto exchange sponsor on June 9, 2026. In parallel, Polymarket reported about $21.97 million in trading volume for Algeria vs. Austria, underscoring how prediction markets can quickly reflect sentiment and probabilities around match outcomes. The article also flags a local constraint: Algeria has restrictions on crypto ownership, trading, and mining, and there were no clearly identified Algeria fan tokens available on major platforms such as Chiliz. That regulatory fragmentation may limit retail participation even if global sponsorship and offshore prediction liquidity look supportive. For traders, this is more about narrative and data-driven sentiment than direct token fundamentals—supporting short-term engagement, but unlikely to drive broad market stability on its own.

Portugal beat Croatia 2-1 on Jul. 2, 2026, with Cristiano Ronaldo consoling Luka Modric after the exit. For crypto traders, the match outcome adds fresh momentum to sports crypto tokens tied to both stars. The Portugal National Team Fan Token (POR) runs on Chiliz and typically tracks Portugal results. After the Ronaldo-led win, reported activity in POR (trading volume and price moves) rose—consistent with how sports crypto tokens often react to high-profile World Cup moments. Modric’s $MODRIC fan token (built on Solana) also becomes a short-term focus around tournament milestones, but the article highlights liquidity risk common to fan tokens—especially if sentiment cools after outcomes. Beyond official fan tokens, the piece flags unofficial meme tokens—RONALDO, CR7, and MODRIC—trading on Ethereum and Solana with no official athlete linkage. Net: sports crypto tokens may see brief volume spikes, but traders should manage entry timing and exit risk.

Ondo tokenizes U.S. securities by launching what it calls the first live issuance operating within the SEC’s existing custodial framework. Tokens are issued on Ethereum for BlackRock’s iShares Core S&P 500 ETF (IVV) exposure and Micron shares, but the underlying stocks/ETF interests remain held through regulated U.S. custody rails. In the setup, Oasis Pro (a regulated transfer agent registered with the SEC) mints Ethereum-based tokens 1:1 to the custody-held securities. Broadridge Financial Solutions supports traditional shareholder rights, including proxy voting and issuer communications, so token holders get governance and disclosures—not just price exposure. Key limitation: the Ondo tokenizes U.S. securities product is not yet available to U.S. investors. Ondo says it is intended for eligible international users. The later coverage also notes Ondo’s scale in offshore tokenization (1B+ tokenized stocks/ETFs across 430+ securities) and its recent expansion to BNB Chain for non-U.S. users. Traders’ takeaway: near-term market impact is likely muted because the offering is restricted outside the U.S. The bigger potential catalyst is demand once access expands, which could improve institutional comfort with compliant tokenization on-chain.

Etherscan on-chain data shows Chainlink (LINK) approaching a new milestone: LINK holder addresses are nearing 900,000. Over the late-June two-day window, LINK added more than 8,000 new holder addresses, suggesting broader participation. At the same time, LINK exchange balances have fallen. Traders often interpret this LINK outflow as tokens moving from exchange wallets into private custody, which can reduce near-term sell pressure and improve liquidity conditions for Chainlink. However, the move is not a guaranteed bullish signal. Large holders may transfer tokens for operational reasons, and wallet reshuffling can mimic accumulation without a real change in ownership. The key for LINK price action is follow-through: watch whether exchange outflows and holder-address growth continue together, and whether this shows up in sustained order-book strength and volatility trends. Bottom line: rising LINK holder addresses plus falling exchange balances points to improved accumulation behavior, but traders should confirm with continued on-chain trends and market structure.

Bitcoin (BTC) technical analyst John Bollinger said a double-bottom “W pattern” could mark the end of BTC’s multi-week downtrend. The key confirmation level is $65,000: if BTC can hold above that central peak, the months-long selloff may begin to ease. At the time of writing, BTC trades around $61,556. The chart shows a three-phase bottom after BTC failed to reclaim the roughly $82,000 area in May. Pullbacks extended toward the lower Bollinger Bands, building the fractal “W” structure Bollinger described as “truly fractal.” He also suggested it may be the second leg of a larger weekly-timeframe fractal model. Traders remain cautious. Spot Bitcoin ETF outflows and renewed interest-rate hike fears are acting as headwinds, so the bullish BTC W-pattern setup still needs confirmation. Market focus is on whether BTC can sustain a breakout and close above $65,000 to validate the reversal thesis. Not investment advice.

Bitcoin (BTC) rebounded about 3% to around $62,000 after falling to a local low near $57,735, with a daily push to roughly $62,137 at the start of July. On-chain data cited by traders showed “whale investors” accumulated about 270,000 BTC around the $59,000 area during the selloff. Derivatives activity accelerated the move. In 24 hours, total leveraged liquidations exceeded $606 million, and short liquidations contributed roughly $400 million—over $130 million of short positions were wiped out—raising squeeze pressure on downside bets. Shorts closing helped BTC hold gains above the $60,000 level. Near-term trading focus is now on key order-book resistance and support. Sell orders cluster around $62,000–$65,000, while buy demand is concentrated closer to $55,000–$57,000. Analysts note that a decisive BTC break above $65,000, backed by spot buying, could open potential upside of about 8%–10% in the short term. However, macro headwinds could limit follow-through. Concerns around inflation, Fed rate uncertainty, higher bond yields, and a stronger US dollar may weigh on crypto risk appetite. Reports of ongoing outflows from US spot Bitcoin ETFs also suggest some large investors remain cautious, even as BTC momentum improves. For traders, the immediate question is whether BTC can clear $62,000–$65,000 without losing spot support; otherwise, the market may stall at resistance despite whale-driven demand.

Solana on-chain governance has launched, enabling on-chain, stake-weighted voting for protocol upgrades. Validators must stake at least 100,000 SOL (about $8.1m) to submit a Governance Proposal (SGP), which helps filter low-backed ideas. To enter formal voting, an SGP needs support from at least 15% of active staked SOL. If that threshold is not met, the proposal expires without a ballot. If it advances, the process follows a scheduled epoch lifecycle: discussion for 7 epochs, then voting for 3 epochs, with stake snapshots recorded on-chain using cryptographic proofs. Pass conditions balance validator control and staker sovereignty. A proposal passes only with a 66.67% supermajority based on combined For vs Against stake. There is no minimum turnout, but abstain stake does not count toward the two-thirds requirement. For traders, Solana on-chain governance can act as a governance catalyst by tightening coordination around upgrades while deterring spam through the 100,000 SOL submission requirement. SOL was around $81.16 at publication, up nearly 6% on the day and about 23% over the prior week.

Lighter (LIT) has strengthened after reclaiming key resistance: it rebounded from the prior selloff and then broke through $2.03, reaching about $2.09 (+11.16% in 24h). Trading volume jumped 98.45% to $168.3M, suggesting sustained buy-side participation. On Binance derivatives, LIT sentiment remains bullish. Longs at top traders are 67.96% vs shorts 32.04%, lifting the Long/Short Ratio to 2.12. Funding stays positive (OI-weighted funding ~0.005%; earlier spikes were >0.025%), meaning leveraged longs still pay premiums rather than abandoning the trade. Technically, LIT cleared $2.03 and held above an ascending trendline. RSI rose to 68.53, indicating stronger demand without deeply overbought conditions. The next upside resistance is near $2.50, while $2.03 is the first support. If LIT loses $2.03, the article warns of a retreat toward the trendline and potential downside toward $1.85. For traders, the setup is bullish for continuation toward $2.50, but the risk is “crowded longs”: even with positive funding, higher leverage can amplify liquidation-driven volatility during sharp reversals.

Anchorage Digital, a U.S. regulated crypto bank, has integrated Lido staking into its institutional custody platform. Clients can mint and burn wstETH without moving assets out of regulated custody, keeping custody, governance, reporting, and settlement on one workflow. The integration is built around wstETH, a liquid staked Ether token whose value tracks stETH as staking rewards accrue. Anchorage says institutional investors can complete ETH → wstETH and redemption flows directly inside the platform. Anchorage CEO Nathan McCauley said this reduces the security and operational tradeoffs that previously limited large allocators. Lido’s team highlighted institutional readiness, including 4M+ smart-contract audit efforts (including Credora), an A+ independent security rating, operation since 2020 without smart-contract exploits, and decentralized operations via 900+ node operators with no single operator above 1%. For traders, the near-term effect is improved institutional demand for ETH staking exposure through a regulated on-ramp. Over time, broader, custody-based Lido staking access could strengthen flows into liquid staking tokens, supporting sentiment around Lido staking and the ETH yield narrative.

Bitcoin ETF outflows are intensifying again, adding fresh downside pressure to BTC as institutional demand cools. The latest session reported roughly $239.29M net outflows from BlackRock’s iShares Bitcoin Trust (IBIT), extending a broader withdrawal trend across US-listed spot Bitcoin ETFs. For traders, Bitcoin ETF outflows typically drive near-term price momentum. Continued selling can weaken buy-side support, raise volatility, and keep a risk-off tone in markets until macro uncertainty eases. At the same time, the article notes a rotation of speculative capital toward “non-BTC beta.” One highlighted example is MemeToro ($MT), an AI-themed presale project that says it focuses on roadmap execution rather than short-term trading. MemeToro is in Stage 3, with about $46,914.54 raised toward an $80,644.11 goal. The current token price is $0.00171, with planned step-up increases later. Total supply is capped at 1.2B tokens, and 71% is allocated to public participants; funding methods listed include BNB, ETH, USDT, and USDC. Overall: Bitcoin ETF outflows remain a key near-term headwind for BTC sentiment, while some risk capital looks for alternative upside catalysts via AI presales like $MT.

MemeToro presale and Remittix presale are competing for trader attention in second-half 2026 with two distinct narratives: AI-driven engagement versus real-world payments infrastructure. Remittix (RTX) focuses on cross-border settlement. The latest update says presale momentum is supported by a push for faster, cheaper international transfers, plus decentralized utility mechanisms to encourage participation. A new milestone is the opening of token airdrop registration for early users, and traders are also watching for an RTX launch/initial price announcement in the next few days. MemeToro (MT) takes an AI-first approach. Its AI Agent is described as monitoring market narratives and social trends, then helping with “fair” no-code memecoin launches. The ecosystem also adds decentralized prediction markets (covering crypto, politics, sports, entertainment, and news) and SocialFi-style behavioral finance features. MemeToro presale now sits in Stage 3 with $46,914.54 raised toward an $80,644.11 target, priced at $0.00171, with a fixed 1.2B supply (71% for public allocation). The token price is planned to rise in later stages, and staking incentives are highlighted up to 35% APR. Trading takeaway: watch for how the market prices these utility checkpoints—RTX airdrop registration progress and the near-term RTX pricing announcement versus MemeToro presale stage expansion and its staking/APR draw. Near-term volatility is likely to follow milestone headlines and timeline expectations rather than fundamentals.

Crypto analyst Egrag Crypto says the XRP Monthly RSI is in an extremely oversold monthly setup after a 1-2-3 RSI bottom failed. In the XRP Monthly RSI update, he claims the monthly RSI hit its lowest level on record and fell below long-standing support zones near 42, 41, and 40. Egrag expects the XRP Monthly RSI to reclaim key thresholds in sequence—40 first, then 42, followed by 46.5 and 47.8, and finally a push above 50. He notes the last major breakout above 50 coincided with XRP’s late-2024 ~500% surge. Even if price prints another lower low, the bullish case could form if RSI builds a higher low—hidden bullish divergence—suggesting momentum may stabilize before XRP truly bottoms. Traders should therefore monitor XRP Monthly RSI structure for confirmation, not only spot price action.

Solana on-chain governance has launched, enabling network decisions to be submitted and recorded on-chain via Solana Governance Proposals (SGP). Only validators with at least 100,000 SOL staked (about $7.7M) can initiate an SGP, using clear “question” proposals about whether Solana should take a direction. To advance, an SGP must gain support from at least 15% of active stake, then proceeds through a fixed timeline tied to Solana epochs (roughly 2 days per epoch cycle). There is no quorum requirement. Passage depends on vote weighting: at least two-thirds of cast votes (excluding abstentions) must be “For,” with results committed on-chain and verified efficiently using Merkle proofs. A key design is separation of governance vs. technical execution. SGP sets direction (“Should we do this?”), while detailed engineering continues through the Solana Improvement Document (SIMD) process. The framework also strengthens delegator influence (staker sovereignty), allowing delegators to vote with their own stake or override when a validator abstains. In parallel upgrade context, Solana continued protocol work including the Alpenglow validator upgrade in testing. Traders saw a sentiment tailwind: SOL rose about 16% over the week around the launch, trading near ~$78, even as broader markets were weaker. This is not a direct tokenomics change, but it can affect expectations around upgrade execution and validator influence under Solana on-chain governance.

The Ethereum policy guide pitches governments and institutions to treat Ethereum as “neutral public infrastructure.” It argues Ethereum’s decentralized public-chain design reduces single points of failure, outages, and political capture versus centralized systems. A major regulatory theme is classification: the guide urges regulators to distinguish open public blockchains from systems controlled by companies or specific organizations, which could shape how public-chain tokens are regulated globally. On security, the guide cites OpenZeppelin data: as of March 2026, about $76B in staked ETH secures the network. It also estimates a “fraud” finalization cost of about $50.7B (excluding slashing penalties), and compares this deterrence with other reviewed L1s that reportedly saw 1–7 outages. It highlights sovereign pilots: decentralized identity work in Argentina and Bhutan, and Ethereum-based land registry testing in India. For traders, this is not a protocol upgrade, but it is a policy and institutional-adoption catalyst that could improve regulatory clarity and strengthen ETH demand expectations.

Breez has launched a Lightning Network SDK feature for developers to enable Bitcoin-to-stablecoin transfers directly from a user’s BTC balance. The SDK supports sending USDC and USDT to 30+ external networks, including Ethereum, Base, Arbitrum, Optimism, Polygon, Solana, and Tron. Before confirmation, the Breez SDK auto-detects the recipient address type and shows the expected stablecoin delivery amount, selected network, and transaction fees. Conversion is handled by liquidity providers Flashnet and Boltz, while Breez emphasizes a non-custodial design and an open architecture that can add more providers later. The function is live for existing Breez SDK developers and is active in the reference app Glow. Integration also supports apps using Breez “Stable Balance,” where users can route USD-denominated balances across supported chains. Breez notes it is currently limited to outbound Bitcoin-to-stablecoin transfers, with inbound stablecoin support planned for a future release. For traders, this improves real-time BTC↔USDC/USDT usability across multiple chains, which may reduce friction for cross-chain execution and stablecoin liquidity management.

Theo allocated $20M from its thBILL product into Fidelity International’s tokenized USD Digital Liquidity Fund (FILQ), described as the first such investment by a crypto-native platform. FILQ is distributed via Swiss regulated digital-asset bank Sygnum and is designed to bolster thBILL’s institutional liquidity offering with “24/7 Treasury-style” reserves. The fund carries a Moody’s Aaa-mf assessment, positioning FILQ as regulated, tokenized liquidity exposure backed by major asset managers. Assets and custody: thBILL will combine Fidelity-linked instruments with Wellington Management’s ULTRA treasury fund, custodied at Standard Chartered. This results in an onchain treasury product backed by paper tied to both Fidelity International and Wellington. Data and connectivity: Sygnum built FILQ on its Desygnate platform. Chainlink’s Runtime Environment provides onchain NAV and distribution data, which is received and approved daily by JPMorgan—supporting thBILL usage across treasury management, collateral, liquidity, and reporting workflows. Market impact: this reinforces institutional RWA demand and adds credibility to tokenized fund infrastructure. For traders, it is supportive for tokenized treasuries and “regulated RWA” sentiment, but it is not a direct spot-crypto catalyst.

France’s interior minister, Laurent Nuñez, says crypto-related kidnappings and extortion attempts reached 77 cases in 2026 (first half). That compares with 45 incidents across all of 2025, signalling a worsening security threat around the crypto sector. The government plans a tougher response focused on: better intelligence sharing (many alleged organisers operate abroad), deeper cooperation with ADAN, and tighter coordination among security agencies for cross-border operations. Nuñez also flagged the growing risk of “wrench attacks”, where attackers use threats and violence to access wallets rather than hacking. To protect holders, France’s prevention and rapid warning platform is now live. The report cites ADAN data that about 11% of the population holds crypto assets (~7.3 million people). So far, 724 people have registered, and 200 have been detained or arrested. In a recent case, a suspect was reportedly caught within eight hours after the victim used an emergency hotline. Broader Europe risk is rising too: CertiK says physical extortion-based crypto attacks climbed 41% year-on-year in the first four months of 2026, with Europe the most affected. The report cites France as a hotspot due to executive visibility and lingering effects after past data breaches, including the January 2025 Ledger co-founder David Balland kidnapping and ransom case. For traders, crypto-related kidnappings can raise perceived risk and tighten sentiment around BTC in the short term, even though the news is mainly security/regulatory rather than a direct market-fundamental driver.

American Bitcoin (ABTC) shares hit a record low of $0.62 after the Trump family-linked crypto miner announced a 1-for-15 reverse stock split to maintain Nasdaq listing. The reverse stock split takes effect after Thursday’s close, with split-adjusted trading starting Monday, while ABTC keeps the same ticker. Under the 1-for-15 reverse split, every 15 shares of ABTC Class A and Class B common stock consolidate into one share. The company expects shares outstanding to fall from more than 1 billion to about 73 million. American Bitcoin says the move targets Nasdaq’s $1 minimum bid rule after the stock closed below $1 for 30 consecutive sessions. Shareholders approved the plan on June 22. ABTC’s reaction has been negative, with the stock down about 8.4% on Wednesday before a slight rebound toward $0.65. Year-to-date performance remains weak, with ABTC down more than 63% and down over 92% from the peak since its Nasdaq debut on Sept. 3 via a merger with Gryphon Digital Mining. For crypto traders, the key watch items are ABTC liquidity and delisting risk, since reverse stock splits are often treated as a financial-stress signal rather than an improvement in fundamentals. Broader crypto risk-off conditions also frame sentiment, with Bitcoin (BTC) around $60,000 and down roughly 32% year-to-date.

BitMEX has launched the GRAMUSDT perpetual swap for trading. Trading begins on 1 July 2026 at 04:00 UTC, with leverage up to 20x. BitMEX says full GRAMUSDT contract specifications are available via the provided link, while BitMEX Support handles questions. For traders, the new GRAMUSDT perpetual swap could boost spot-to-derivatives activity for GRAM and improve access to leverage-based long/short positioning. The contract may gradually deepen liquidity as market makers and traders integrate the new derivative.

Worldcoin (WLD) has corrected nearly 49% in two weeks, sliding from about $0.7229 to $0.3686 as liquidation-driven selling hit leveraged traders. On Tuesday, roughly $410M in positions were liquidated across the market, including about $8.3M in WLD, with around $8.06M of those being long liquidations. Technicals remain fragile. The rebound impulse (around $0.416 to $0.723) has broken, and key support has been lost. RSI earlier pushed toward oversold (near 30), but the broader setup is still described as cautiously bullish, with WLD trading within the Fibonacci 61.8%–78.6% “golden pocket” and CMF suggesting short-term steadiness. Traders are watching levels for confirmation. A reclaim of $0.416 would be the bullish trigger, while $0.333 is the main downside line. Further bearish confirmation could emerge if CMF drops below -0.05 and WLD breaks the local low, with the next watch area around $0.348. BTC spillover risk remains a key catalyst: if Bitcoin sells off, WLD could extend losses even as liquidation pressure begins to ease.

Venice AI, founded by Erik Voorhees, has raised a $65M Series A at a $1B valuation. The round is led by Dragonfly and includes Coinbase Ventures, F-Prime, North Island Ventures, Morgan Creek, and others—its first external funding since launching in May 2024. For traders, the catalyst is tightly linked to Venice AI’s AI privacy positioning. The company says it routes user requests through a proxy layer to obscure IP and account/session data for models from OpenAI, Anthropic, xAI, and Google, with some models offering even stronger privacy. Venice AI also claims 3.5M users and access to 200+ AI models. Tokenomics reaction: VVV rose on the news (about +6% to +11% in different reports). Emissions were trimmed to 3M VVV per year, and new tokens are awarded to holders who stake VVV, reducing annual supply growth. Venice AI plans to expand its platform by scaling infrastructure, including building its own data center and owning GPUs rather than renting them, plus adding customer growth, new markets, hiring, and selective acquisitions. Broader context: growing regulatory and legal scrutiny around AI data sharing is increasingly pushing “privacy tech” narratives. For VVV traders, this event combines fundraising, privacy-focused product claims, and visible token supply/emissions changes—supportive for near-term sentiment, with upside sensitivity to any further regulatory clarity or adoption signals.

Standard Chartered has initiated coverage of DeFi lending protocol Morpho (MORPHO) and set a 2030 price target of $60, implying about 30x upside from current levels. The bank expects Morpho (MORPHO) to outperform Bitcoin (BTC) and Ethereum (ETH) over the next five years. The note provides a year-by-year path: ~$3.50 (end-2026), $11 (2027), $22 (2028), $40 (2029) and $60 (2030). Its core assumption is that DeFi assets could grow ~37x by 2030, driven by migration of tokenized real-world assets (RWA) and more institutional capital on-chain. As an immediate catalyst, Robinhood began rolling out Crypto Earn using Morpho’s open credit infrastructure to eligible users via the Robinhood app and Robinhood Chain. The first vault is curated by Steakhouse Financial and includes Maple Finance’s syrupUSDG, underpinned by Paxos-issued USDG stablecoin. This reinforces Morpho’s Vaults architecture as modular yield infrastructure with risk controls. Market context: Morpho is described as the second-largest DeFi lending protocol after Aave, with both together accounting for ~57% of deposits and ~63% of active loans. Following the coverage, Morpho (MORPHO) saw intraday gains above 8%. Derivatives signals in the article were constructive, but funding was marginally negative and open interest was relatively low—suggesting traders remain cautious on positioning.

Tradeweb says it completed the first real-time, instant transfer of a tokenized US Treasury bond against tokenized cash on the Canton Network. Franklin Templeton transferred the tokenized US Treasury security to Virtu Financial, while Canton coordinated simultaneous settlement of both legs. The payment leg used USDCx, a USDC-backed stablecoin. Tradeweb handled execution and price discovery, while Canton performed real-time settlement synchronization. The trade size was not disclosed. DTCC’s planned Tokenization Services later this year aims to tokenize selected stocks, ETFs, and tokenized US Treasury securities, with investor protections and ownership rights preserved under the same framework as traditional assets. RWA.xyz data also shows the tokenized US Treasury market has grown to $14.6B across 84 on-chain products, reinforcing momentum for stablecoin-based settlement rails—more “market plumbing” than an immediate driver for crypto prices, but supportive of the on-chain RWA growth narrative.

XRP is trading around $1.06 and holding above the $0.98–$0.99 support zone. However, analysts say the bearish structure is not fully repaired yet. More Crypto Online’s take: XRP needs a decisive breakout above $1.16 to weaken the downtrend and confirm a broader recovery (Elliott Wave “Wave 2” scenario). Without reclaiming that level, any rebound may remain a short-lived relief move. Resistance is still heavy at $1.27–$1.42. Traders may see renewed selling there, limiting upside follow-through. On the downside, a breakdown below $0.98–$0.99 could restart selling momentum, with a potential move toward $0.74. Seasonality is mentioned as a modest tailwind since XRP has historically performed better in July, but near-term price levels—$0.98–$0.99 versus $1.16—remain the key decision points for traders.

American Bitcoin (ABTC) will complete an ABTC reverse stock split of 1-for-15 after markets close on July 2, 2026, to help it comply with Nasdaq’s minimum $1 bid price requirement. The company did not specify an exact earlier “implementation” effective date in the shareholder action context, but the later filing clarifies timing precisely. Key trading details: the reverse stock split takes effect at 5:00 p.m. ET on July 2. Outstanding shares are expected to fall from about 1.09 billion to roughly 73 million (about a 93% share-count shrink). Each Class A and Class B share stack of 15 converts into 1 new share, and fractional shares will be paid in cash via Continental Stock Transfer & Trust Company. ABTC will begin trading on a split-adjusted basis on July 6 under the same ticker, but with a new CUSIP. What stays the same: ABTC reverse stock split does not change market capitalization or business fundamentals. However, price-per-share and order-book levels will adjust, so traders should focus on split-adjusted quoting and the CUSIP change rather than treating it as an operational shift. Past similar corporate actions (including reverse splits tied to Nasdaq compliance) have been followed by near-term volatility, with one projection flagging roughly an ~8% share-value impact. Context for positioning: American Bitcoin is majority-owned by Hut 8 Corp, operates ~89,000 miners, and discloses BTC holdings above 7,500 BTC.

Tennessee’s crypto ATM ban is now in effect, prohibiting the use and installation of cryptocurrency ATMs and kiosks from July 1. Georgia’s law also took effect, but with a “limits + reporting” model: transaction caps for new and existing users, mandatory customer risk warnings, and refunds in certain fraud cases. The crackdown continues a broader U.S. push. Indiana’s similar ban took effect in March, while Minnesota is set to ban crypto ATMs on Aug. 1. Ahead of Tennessee’s shutdown, 185 crypto ATMs and kiosks were operating in the state. The stricter environment is already hitting operators. Bitcoin Depot filed for Chapter 11 bankruptcy in May, citing substantial doubts amid tougher regulation and lawsuits. Industry advisers say the U.S. crypto ATM model is breaking down as states expand operator liability and raise expectations for fraud monitoring and reimbursements. Outside the U.S., Canada is considering a nationwide crypto ATM ban, aiming to reduce ATM scammers’ “primary method” for defrauding victims and laundering proceeds. For traders, tighter crypto ATM regulation can reduce retail fiat on-ramps and increase compliance and fraud-related headlines around crypto payment infrastructure, which may weigh on sentiment in the near term.