| Trump's Memecoin Dinner Questioned by Top Democrat on House Judiciary Committee
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Jamie Raskin, the ranking Democrat on the House panel overseeing the legal system, asked the president to produce the guest list of his private event.
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| FTX Repayments May Have Positive Market Impact: Coinbase
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Creditor payments via BitGo and Kraken are expected within three business days amid shifting market conditions.
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| Judge Declines to Order DOJ to Review Records in Roman Storm Case
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The Tornado Cash developer is slated to go on trial later this summer.
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| Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
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The crypto market wobbled after Trump accused China of violating a tariff truce.
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| AVAX Slides 7%, Hits Strong Resistance at $22.35 Level
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A county in New Jersey recently announced that it would use the Avalanche blockchain to digitize all property deeds.
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| Trump Media Has $2.3B in Bitcoin Buying Power After Closing Capital Raise
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The company said it will use proceeds to add bitcoin to its balance sheet, an increasingly popular move among publicly-traded firms.
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| Spot Bitcoin ETFs Broke 10-Day Inflow Streak With $358M of Outflows Thursday: JPMorgan
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| U.S.-listed spot bitcoin BTC exchange-traded funds (ETFs) recorded their first day of net outflows in 10 trading sessions on Thursday, according to a research report by JPMorgan (JPM). The Wall Street bank estimated that spot bitcoin ETFs saw $358 million of redemptions yesterday, according to a Friday report, with just one, BlackRock’s iShares Bitcoin Trust (IBIT) attracting a net inflow. IBIT gathered in a net $125 million, the bank observed. In contrast, Fidelity’s FBTC saw net outflows of $166 million, leading the redemptions, the report said. Other major contributors included the Grayscale Bitcoin Trust (GBTC) -$107 million, ARK 21Shares Bitcoin ETF (ARKB) -$89 million and the Bitwise Bitcoin ETF (BITB) -$71 million, the bank said JPMorgan said smaller outflows were also noted across the remaining issuers. The bitcoin price slipped 1.1% on the day, but market activity remained robust with trading volumes of $5.39 billion, well above the 20-day average of $2.81 billion, the report added. The world's largest cryptocurrency was trading around $105,656 at publication time. Read more: U.S. Spot Crypto ETFs Saw Strong Inflows on Wednesday, JPMorgan Says
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| TON Plunges 6% Before Staging Recovery Amid Global Tensions
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The token found critical support in the $3.22-$3.24 range.
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| SUI Plunges 6% Overnight Before Buyers Step in at $3.40 Support
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Market volatility intensified as geopolitical tensions and protocol recovery efforts create conflicting signals for traders
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| Ethereum Upgrades Have Failed to Boost Network Activity in Meaningful Way: JPMorgan
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Neither the number of transactions nor active addresses has increased significantly following recent network upgrades, the report said.
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