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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Dogecoin open interest fell below $960 million (from $1.7 billion) due to long liquidations, while Solana open interest climbed to $5.5 billion, indicating rotational futures positioning. The key caveat: Clarify that open interest decreases show long unwinding rather than active short positioning. For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now. What Happened Solana And Dogecoin Futures Tell Different Stories As Longs Unwind. The update comes from Tokenpost, with the core claim checked against…

July 1st, 2026 – Dubai, UAE Utorg, a crypto wallet and card platform built on institutional-grade infrastructure, today announced it has received full authorization under the EU’s Markets in Crypto-Assets (MiCA) regulation, effective July 1, 2026 – the date on which the industry’s transitional period ends and unauthorized providers can no longer legally serve European users. The company, which also provides regulated crypto rails, wallets and stablecoin infrastructure to businesses across 130+ countries, is among a small number of platforms to have completed the full authorization process and is now cleared to operate across all 29 EEA member states, a…

In brief New York Life Investment Management, which oversees $807 billion in assets, has teamed with blockchain platform Centrifuge to launch its first-ever tokenized fund. The fund keeps NYLIM’s existing investment process intact, but allows eligible investors to access it on-chain, with transactions settled in USDC. The deal reflects a growing trend of Wall Street firms experimenting with tokenization to modernize operations and tap into DeFi markets. New York Life Investment Management, one of the country’s largest active asset managers, is moving a piece of its fixed-income business onto the blockchain, partnering with tokenization platform Centrifuge to offer a high-yield…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR XLS-65 (Single Asset Vaults) and XLS-66 (Lending Protocol) amendments are officially open for voting on the mainnet, with consensus currently at 20% (7 of 35 validators). Requires 80% consensus for 14 days to activate. The key caveat: Emphasize that credit approval and underwriting remain off-chain; the native on-ledger protocol only manages settlement logic, loan servicing, and interest accrual. For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now. What Happened XRPL Lending Proposal Opens Door…

In brief Anthropic launched Claude Sonnet 5 on Tuesday at $2 per million input tokens and $10 per million output tokens through August 31, after which pricing reverts to $3/$15—still a fraction of Opus 4.8’s $5/$25 rate. On Anthropic’s own evaluations, Sonnet 5 is virtually tied Opus 4.8 on the GDPval-AA v2 knowledge-work benchmark. Sonnet 5 ships with no special restrictions while Fable 5 and Mythos 5 remain suspended for general usage under a June 12 export control directive. Anthropic released Claude Sonnet 5 on Tuesday, calling it “the most agentic Sonnet model yet.” It’s the default model for Free…

The U.S. office of Government Ethics released President Donald Trump’s annual financial disclosure on Tuesday, revealing sizable earnings from his various cryptocurrency ventures in 2025.The report, which totals over 900 pages, details income and financial holdings from the president’s many businesses, with crypto featuring prominently among the largest line items.In total, President Trump earned more than $1.2 billion from crypto ventures. Trump also reported holding over $50 million in Bitcoin and between $5 million and $25 million in Ethereum, among other digital assets.President Trump earned just over $635 million from his meme coin alone, coming almost exclusively from the royalties…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR TRON processed $1.96T in stablecoin transactions in Q1 2026, primarily driven by low-fee TRC-20 USDT transactions. The key caveat: Note that while settlement velocity is massive, TRON still faces centralization criticisms and low DeFi development activity outside stablecoins. For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now. What Happened TRON Stablecoin Volume Hits $1.96T As USDT Settlement Demand Surges. The update comes from AMBCrypto, with the core claim checked against TRONSCAN transaction statistics portal. That…

In brief Changpeng “CZ” Zhao and Binance were named in a lawsuit seeking nearly $200 million in the U.K. The suit alleges the firm offered risky financial products without appropriate regulatory approval. Nearly 1,700 British investors were listed as claimants. Global crypto exchange Binance and its founder Changpeng “CZ” Zhao have both been named in a U.K. lawsuit seeking nearly $200 million (£150 million), according to a report from Reuters.The lawsuit alleges that the firm offered complex and risky financial instruments, like leveraged trading products, without regulatory approval. The suit includes nearly 1,700 claimants, according to the report, some which…

In brief More than 140 companies have teamed up and revealed Open USD, a new stablecoin run by an independent operator called Open Standard. It promises free, uncapped minting/redemption, reserve earnings shared with partner businesses (minus a small fee), and governance by a board of partner companies. Circle’s stock price has plunged nearly 16% on the day following the announcement. Coinbase, Visa, Mastercard, Stripe, BlackRock, and more than 140 other companies have banded together to launch a new stablecoin called Open USD (OUSD), in a bid to create shared digital payments infrastructure that no single firm controls.The news appears to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR The Cardano Foundation issued a warning that SPOs defaulting to “auto-abstaining” creates a quiet accountability gap that weakens Voltaire era governance. The key caveat: Clarify that manual abstention is valid; the warning targets automated default abstention without reviewing proposals. For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now. What Happened Cardano Foundation Warns SPOs Against Passive Governance Abstention. The update comes from Crypto Briefing, with the core claim checked against Cardano Foundation Official Statement. That…

In brief Ethereum treasury firm Sharplink acquired 10,000 ETH last week in its first buy of the year. The firm also repurchased another 2 million shares of SBET, which are down around 3% on Tuesday. Shares have now fallen more than 88% off their 52-week high. Publicly traded Ethereum treasury firm Sharplink added 10,000 ETH for around $16 million last week, marking its first acquisition since October. The firm now maintains holdings of 886,725 ETH worth $1.38 billion, as Ethereum changes hands around $1,562 on Tuesday. “Our capital allocation philosophy is disciplined and straightforward: Every financing decision we make is based on…

Cryptocurrency companies have become the single largest corporate political spenders in the United States, pouring $189 million into the 2026 midterm elections — more than they spent during the entire 2024 election cycle — according to a new report from the consumer advocacy group Public Citizen. The crypto sector accounts for 37% of the $517 million that corporations have reported spending on the 2026 midterms so far, a figure that already surpasses the previous record of $461 million set during the full 2024 cycle.  Months remain before Election Day. The report, authored by Public Citizen researcher Rick Claypool and published…