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Bitcoin’s dominance dropped to a one-month low of 54%, down from 58.12%, according to CoinGecko’s dominance table.Over the same stretch, the “Others” bucket, representing everything outside Bitcoin, Ethereum, and stablecoins, climbed from 19.39% to 24.68% of total crypto market cap.BTC dipped below $58,000 last week, then recovered to find an intraday high of $63,976.16, while the Fear & Greed Index climbed from 12 to 24 this week, though it’s still sitting in Extreme Fear territory.Bitcoin’s dominance had already slid from 63% to 56% over the past year, while stablecoins nearly doubled their market share over the same period, from 7%…
In brief Coinbase has secured UK authorization to offer regulated investment services, letting it provide traditional financial instruments beyond crypto. UK users will be able to trade equities on the platform for the first time, while institutional and advanced traders gain access to crypto, equity, and commodity derivatives. The license adds to Coinbase’s existing UK e-money and crypto registrations and advances its push to become an “everything exchange.” Crypto exchange Coinbase has won regulatory approval to offer stocks and derivatives to UK customers, the biggest expansion of its product line-up in one of its largest international markets and its latest…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify.GM!Today’s top news: Crypto majors mostly flat, reverse afternoon gains; BTC at $63.7k Strategy sells $216M in BTC, now holds over $2.55B in cash Bernstein reaffirms $150k BTC target for 2026 BonkDAO governance “attack” drains $20M Tether shares plans to bring USDT to Bitcoin ? Strategy Turns Net SellerStrategy confirmed it sold 3,588 BTC over the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Chainlink’s CCIP is being integrated with WEMIX, giving the gaming-focused blockchain ecosystem a more standardized cross-chain messaging layer for moving assets across networks. For more details, visit the official Chainlink platform. TL;DR WEMIX is integrating Chainlink CCIP for cross-chain transactions.The move is designed to improve security around gaming asset transfers.WEMIX is moving away from custom bridge infrastructure in favour of a widely used interoperability protocol. Gaming assets are a natural fit for cross-chain movement. Players, developers, and marketplaces often want items, tokens, or value to move across…
In brief Yield Guild Games is sunsetting its crypto game publishing arm, retiring its website, launchpad, and games like LOL Land and Waifu Sweeper by Aug. 1. The firm said the crypto market downturn left the business commercially unsustainable, with 35 jobs to be cut. YGG is pivoting to the AI data economy, aiming to supply gaming-derived behavioral datasets for AI training. Yield Guild Games, a blockchain-based gaming organization, announced Monday that it is shutting down YGG Play, its publishing arm for crypto-infused casual games, citing the crypto market downturn alongside broader video game industry struggles.The unit’s closure marks a…
A New York bank has agreed to a multi-million dollar class action settlement over prior data breaches. Flagstar Bank has settled for $31.5 million related to two 2021 data breaches that exposed personally identifiable information of more than 2 million consumers, including about 364,000 in California. The settlement addresses claims that the bank failed to implement adequate security measures during the January and December 2021 incidents. Class members can seek compensation for documented losses up to $25,000, with a claims deadline in August 2026. The resolution provides relief to affected individuals whose data was compromised years earlier, including potential cash…
In brief Bernstein analysts kept a $150,000 Bitcoin price forecast in play despite its nearly 50% retrace from all-time highs. Analysts pointed to potential regulatory clarity and Strategy remaining a net BTC buyer as possible tailwinds. Bitcoin has jumped more than 6% this week, hitting its highest point in the last two weeks. Since reaching a new all-time high price last October, Bitcoin has failed to meet lofty future price targets from enthusiasts and analysts alike, falling nearly 50% since that time. But as it changes hands at $63,836 on Monday after touching $63,900 earlier in the day—its highest price in…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Payward Europe securing an electronic money institution license in Lithuania gives Kraken’s parent-company structure another regulated route for euro-denominated fiat and crypto services in Europe. For more details, visit the official Bank of Lithuania platform. TL;DR Payward Europe has obtained an EMI license in Lithuania, according to the Bank of Lithuania listing.The license strengthens regulated fiat-rail access for Kraken-linked European operations.European crypto firms are racing to align payments, custody, and exchange services with clearer licensing frameworks. Crypto exchanges do not only compete on tokens and fees. They…
In brief BONK suffered a $20 million exploit related to a malicious governance attack. A passed proposal sent 4.4 trillion BONK tokens to an alleged attacker’s address. The meme coin team is working with exchanges and the Solana Foundation to manage the situation. BonkDAO, the decentralized autonomous organization tied to the popular Bonk meme coin on Solana, fell victim to a “malicious” governance attack that resulted in a roughly $20 million heist from its treasury. The team behind the meme coin and its various endeavors said it is working with centralized exchanges, network bridges, and the Solana Foundation as it navigates…
In brief U.K. Foreign Secretary Yvette Cooper warned that governments need global agreements to manage AI risks. Cooper compared the challenge to nuclear safety efforts that followed World War II. She called for cooperation between the U.S., China, and other AI powers on safety standards. Governments risk repeating mistakes made during the dawn of the nuclear age if they wait to create laws governing artificial intelligence, warned UK Foreign Secretary Yvette Cooper.In an article published on Monday, Cooper said AI offers breakthroughs but also presents new risks as the technology becomes more powerful and widely available.“Last month, in Shenzhen, China,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is catching a macro bid after softer U.S. jobs data strengthened the market’s view that the Federal Reserve has more room to cut rates. For more details, visit the official BLS platform. TL;DR The latest U.S. employment data pointed to a cooler labour market.Softer jobs numbers can support expectations for Fed rate cuts.Bitcoin traders are watching whether macro relief can offset supply pressure from large BTC transfers. Crypto does not trade in isolation when interest-rate expectations are moving. Bitcoin may be a digital asset, but it…
In brief ByteDance’s Doubao and Alibaba’s Qwen are disabling humanlike agent features ahead of Beijing’s Interim Measures for the Administration of AI Anthropomorphic Interaction Services, effective July 15. China’s first regulation specifically targeting emotional AI bans services that simulate human personality and “sustained emotional interaction,” with especially strict limits on virtual companions for minors. Research backs Beijing’s concern: Even the best frontier AI models routinely encourage harmful emotional attachment, and one in seven young adults in relationships now uses an AI romantic companion. While American politicians tackle the impact of AI chatbots on the mental health of users with restrictions…