Bitcoin ETFs Shed $465M Over Two Days as IBIT Leads Outflows
Farside Investors data shows U.S. spot Bitcoin ETFs posted $465 million in net outflows over two days. BlackRock's IBIT accounted for just under $415 million of the outflows. Tim Sun tied the reversal to macro jitters, including U.S.-Iran tensions, oil above $100, and potential Fed rate-hike risk.
Prince Group Founder Chen Zhi Arrested in China After Extradition
Prince Group founder Chen Zhi, 38, was formally arrested in China about six months after extradition from Cambodia. Chen faces allegations including fraud, operating illegal gambling venues and illegal business operations. U.S. prosecutors separately indicted Chen last year and seized about $15 billion worth of Bitcoin during the investigation.
U.S. federal debt reached an all-time high of $39.7 trillion on Friday. LondonCryptoClub founders said the debt growth supports the debasement trade into bitcoin and gold.
SolanaFloor said Pump.fun generated approximately $1.17 million in revenue over the past 24 hours. The figure was about 75% higher than Hyperliquid's $667,900 revenue in the same period.
China's Ministry of Commerce urged the U.S. to stop threats of sanctions against Chinese AI companies. The ministry said China will take all necessary measures if any actions substantively harm China's interests. The ministry also called for more dialogue on AI governance.
ESMA updated the provisional MiCA registry on Friday and added 15 licensed crypto asset service providers, bringing the total to 309. The new additions include BNY SA/NV, the Belgian subsidiary of BNY Mellon. ESMA said the update did not alter other MiCA-related registries.
Mando said he used personal funds over three years to repurchase over 50% of EPIK tokens. He said he is considering batch airdrops for long-term supporters and related users.
WEMIX and Garden Disclose Hacks as 2026 Crypto Breach Count Hits Record
WEMIX and Garden Finance disclosed security incidents, including 5,225,525 unauthorized WEMIX$ issued and about $450,000 drained from Garden Finance. TRM Labs recorded 207 hacks in the first half of 2026, the highest six-month count the firm had recorded. Total stolen funds fell to about $972 million from about $2.3 billion in H1 2025.
SoSoValue data shows U.S.-listed spot Bitcoin ETFs attracted $33.79 million in the week ended July 24. Late-week outflows of $465.26 million made the weekly gain smaller than the previous two weeks.
Bank of America strategist Paul Ciana said August through October has historically been the weakest stretch for U.S. stocks. He said gold, the U.S. dollar and U.S. Treasurys have tended to outperform during that period.
BNY Mellon and BitPay Secure MiCA Licenses as EU List Hits 309
BNY Mellonโs Belgian unit and BitPay newly secured formal EU licenses under the Markets in Crypto-Assets regulation. An updated European Securities and Markets Authority registration dataset shows 309 officially licensed CASPs in the EU. The licenses add more institutional names to the EUโs regulated crypto service perimeter.
EPIK founder Mando said he bought back 350 million tokens and burned 150 million tokens. Mando also said 8.1 million tokens were deposited into the liquidity pool. Mando denied claims that Mando received 50% of the tokens through an airdrop.
Bitcoin Reclaims $65,000 as US-Iran Strike Pause Puts Fed in Focus
Bitcoin rose about 1% to $65,155 on Monday after a pause in US-Iran strikes revived demand for risk assets. Brent crude dropped 6.5% to about $90.45 as investors reduced some geopolitical premium. Fed funds futures priced roughly a one-in-three chance of a 25-basis-point increase on Wednesday, up from 16% a week earlier. Glassnode data show Bitcoin options traders have reduced some near-term defensive positioning.
BNY Mellon Unit Joins MiCA Register as ESMA Adds 15 Providers
ESMA added 15 crypto companies, including BNY SA/NV, to its interim MiCA register. The register now shows 309 licensed crypto-asset service providers. The new entries include four banking institutions and digital asset platforms such as BitPay, Coinify and Bleap. ESMA reported no changes to other MiCA-related registers in the update.
Vanguard VTSAX Holds $994M in Strategy Stock After Share Increase
Vanguard Group's Total Stock Market Index Fund disclosed a 529,100-share increase in Strategy worth $50 million. The fund now holds 10.5 million MSTR shares valued at $994 million. Vanguard Group manages $12 trillion in assets and is the world's second-largest asset management company.
EPIK creator Mando said EPIK has a 1 billion token supply and nearly 60% has been removed. He said he personally bought back 356 million tokens and burned 154 million tokens. He added that the liquidity pool burned 81 million tokens.
GMGN Data shows SOL meme coin EPIK briefly topped a $23 million market cap after rising over 58 times intraday. EPIK was reported at a $22 million market cap.
BofA Says U.S. Stocks Face Weak Seasonal Stretch as Gold May Benefit
Bank of America Securities said August to October has been the weakest rolling three-month S&P 500 window since 1928, with a 55% gain probability and a 7.35% average drawdown. The report said defensive assets may benefit over the next three months, including gold, the U.S. dollar, and U.S. Treasury bonds. BofA said seasonal patterns do not necessarily mean U.S. stocks will decline.