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Here’s what happened in crypto today

Today in crypto, a Bitcoin whale holding 80,000 BTC moved coins for the first time in 14 years, a Belgian court sentenced three people for their roles in a cryptocurrency-related kidnapping, and US Republican House leaders designated July 14-18 as “Crypto Week,” focusing on considering three key cry
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Bitcoin price falls to $107K despite $1B spot BTC ETF inflow: What’s behind the move?

Key takeaways:
Despite $1 billion in spot BTC ETF inflows, Bitcoin fell 2.8% as the market digested a multibillion-dollar 2011-era wallet transfer.
US import tariffs and fiscal deficits are likely weighing on Bitcoin investor sentiment.
Bitcoin (BTC) traded down to $107,400 on Friday after
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Sweden’s justice minister says to ‘turn up the pressure’ on crypto seizures

Sweden’s justice minister has called on local authorities to focus on crackdowns that could yield larger seizures of assets including cryptocurrency under a 2024 law that allows the confiscation of luxury items and cash from individuals even if they aren’t the target of an
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Crypto Biz: Peter Thiel eyes the SVB throne

Peter Thiel and other tech billionaires have reportedly spotted a major market opportunity in the void left by Silicon Valley Bank’s (SVB) 2023 collapse. They are now planning to launch a new financial institution — named after a Lord of the Rings reference — to serve crypto companies and startups t
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Bitcoin retail investor demand is not gone; they’re piling into the spot BTC ETFs

Key takeaways:
Onchain metrics suggest retail investors are asleep, but the ETFs’ AUM is growing
Retail investors hold the majority of spot Bitcoin ETF shares—either directly or indirectly through investment advisers and hedge funds acting on their behalf.
Direct retail investor demand may be
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Turkish authorities block PancakeSwap in crackdown on crypto websites

Turkey’s Capital Markets Board, the country’s financial regulator, announced it had blocked access to websites “providing unauthorized crypto asset services.”
In a Thursday notice, the Capital Markets Board said it had taken legal action against 46 websites, including decentralized exchange
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Ethereum’s comeback strategy — Foundation exec reveals what’s next

As Ethereum marks its 10th anniversary, the platform finds itself at a critical point in its journey. In an exclusive interview with Cointelegraph, Tomasz Stanczak, co-executive director of the Ethereum Foundation, discusses the shifting landscape of blockchain technology — and what’s next for Ether
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Could centralization be the silent killer of AI and cloud innovation?

Advancements in cloud computing, data storage and artificial intelligence have transformed how businesses operate and manage information. However, this transformation has also led to challenges because these technologies are highly centralized and in the hands of a few tech giants
The cloud comput
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Ethena’s risky path: A synthetic stablecoin cautionary tale

The synthetic stablecoin market is a dynamic part of decentralized finance (DeFi), and Ethena has left a significant mark with its innovative product. With high yields on its synthetic dollar, USDe, Ethena has captured a total value locked (TVL) of $2.7 billion, demonstrating demand for synthetic st
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Why crypto miners are ditching debt for equity

Debt-to-equity shift in Bitcoin mining
The 2022 crypto winter caused major Bitcoin miners over exposed to debt financing to file for bankruptcy. Most publicly traded miners had debt-to-equity ratios over four, with values above two generally considered unsustainable. Starting in the third
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DOGE double-bottom pattern hints at price rebound to $0.25

Key takeaways:
DOGE formed a double bottom and broke through the lower time frame trendline, signaling a possible move to $0.25.
Memecoins have been the best-performing narrative sector over the past 90 days.
Dogecoin (DOGE) is trading near $0.17, staging a modest rebound after fluctuating
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Tokenized US Treasurys expected to surpass $3B by end of 2024

The rapid growth in global crypto adoption (up 34% based on the number of holders since 2023) has increased the demand for stable, low-risk digital assets. Tokenized United States Treasurys give users access to government bonds within the crypto ecosystem. The figure below illustrates the rapid grow
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