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CLARITY Act Nears Senate Vote Amid Ethics DebateSenate negotiators are finalizing the CLARITY Act, with ethics provisions remaining the primary unresolved issue. Lawmakers aim to hold a Senate vote before the August recess, pending sufficient bipartisan support. Stablecoin policy and crypto tax reform are expected to remain key legislative priorities after the CLARITY Act. The CLARITY Act moved closer to a U.S. Senate vote as lawmakers negotiated final bill language before the August recess. According to former CFTC Commissioner and Blockchain Association CEO Summer Mersinger, senators are merging competing proposals while debating ethics provisions tied to President Donald Trump's crypto-related financial interests. The discussions come after recent disclosures showed Trump earned about $1.2 billion from crypto ventures during his first year in office. Ethics Debate Delays Final Bill According to Mersinger, the Senate Banking Committee and Senate Agriculture Committee are combining separate versions of the CLARITY Act into one proposal. She said lawmakers continue resolving remaining issues before bringing the legislation to the Senate floor. Notably, ethics language remains the biggest unresolved issue. Democrats have argued that elected officials should face restrictions on issuing or promoting digital assets. CNBC also reported that Senate leaders hope to hold a vote before lawmakers leave for the August recess. However, Democratic support depends largely on the final ethics provisions included in the legislation. Senator Mark Warner said lawmakers should limit the ability of elected officials, including the president, to profit from crypto. Meanwhile, Senator Bernie Moreno said the proposal would prevent elected officials from issuing or promoting digital assets, although the restriction would not extend to family members. Senate Targets Vote Before August Recess Meanwhile, Mersinger said she expects the Senate could vote as early as next week. She added that supporters must still secure enough votes to overcome the Senate's 60-vote cloture requirement. According to Mersinger, lawmakers are working through the final negotiations after President Trump met Republican senators to discuss the ethics provisions. She described the legislation as being "at the one-yard line." Separately, commentator Mark Chadwick claimed on social media that the CLARITY Act remains delayed because of Trump's reported crypto earnings. Chadwick also alleged the bill would prevent elected officials from issuing or promoting digital assets. Stablecoin Rules And Tax Reform Remain Priorities Beyond the current negotiations, Mersinger addressed concerns surrounding stablecoin yields and banking opposition. She said banks continue lobbying lawmakers, although she believes earlier negotiations already settled many of those issues. She also rejected claims that stablecoins would cause widespread deposit flight from traditional banks. Finally, Mersinger identified crypto tax reform as the next major legislative priority after stablecoins and the CLARITY Act. The post CLARITY Act Nears Senate Vote Amid Ethics Debate appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

CLARITY Act Nears Senate Vote Amid Ethics Debate

Senate negotiators are finalizing the CLARITY Act, with ethics provisions remaining the primary unresolved issue.
Lawmakers aim to hold a Senate vote before the August recess, pending sufficient bipartisan support.
Stablecoin policy and crypto tax reform are expected to remain key legislative priorities after the CLARITY Act.
The CLARITY Act moved closer to a U.S. Senate vote as lawmakers negotiated final bill language before the August recess. According to former CFTC Commissioner and Blockchain Association CEO Summer Mersinger, senators are merging competing proposals while debating ethics provisions tied to President Donald Trump's crypto-related financial interests. The discussions come after recent disclosures showed Trump earned about $1.2 billion from crypto ventures during his first year in office.
Ethics Debate Delays Final Bill
According to Mersinger, the Senate Banking Committee and Senate Agriculture Committee are combining separate versions of the CLARITY Act into one proposal. She said lawmakers continue resolving remaining issues before bringing the legislation to the Senate floor.
Notably, ethics language remains the biggest unresolved issue. Democrats have argued that elected officials should face restrictions on issuing or promoting digital assets.
CNBC also reported that Senate leaders hope to hold a vote before lawmakers leave for the August recess. However, Democratic support depends largely on the final ethics provisions included in the legislation.
Senator Mark Warner said lawmakers should limit the ability of elected officials, including the president, to profit from crypto. Meanwhile, Senator Bernie Moreno said the proposal would prevent elected officials from issuing or promoting digital assets, although the restriction would not extend to family members.
Senate Targets Vote Before August Recess
Meanwhile, Mersinger said she expects the Senate could vote as early as next week. She added that supporters must still secure enough votes to overcome the Senate's 60-vote cloture requirement.
According to Mersinger, lawmakers are working through the final negotiations after President Trump met Republican senators to discuss the ethics provisions. She described the legislation as being "at the one-yard line."
Separately, commentator Mark Chadwick claimed on social media that the CLARITY Act remains delayed because of Trump's reported crypto earnings. Chadwick also alleged the bill would prevent elected officials from issuing or promoting digital assets.
Stablecoin Rules And Tax Reform Remain Priorities
Beyond the current negotiations, Mersinger addressed concerns surrounding stablecoin yields and banking opposition. She said banks continue lobbying lawmakers, although she believes earlier negotiations already settled many of those issues.
She also rejected claims that stablecoins would cause widespread deposit flight from traditional banks. Finally, Mersinger identified crypto tax reform as the next major legislative priority after stablecoins and the CLARITY Act.
The post CLARITY Act Nears Senate Vote Amid Ethics Debate appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Article
Ripple Expands Finance Push With Mastercard and JPMorganRipple unveiled partnerships with Mastercard, JPMorgan, OKX, and Ondo Finance to strengthen institutional finance. The company said RLUSD's next phase focuses on expanding real-world utility across financial markets. Ripple also highlighted XRP Ledger adoption while responding to criticism over network development activity. Ripple disclosed new partnerships with Mastercard, JPMorgan, OKX, and Ondo Finance as it expands its institutional financial infrastructure. According to Grayscale, Ripple discussed the collaborations alongside its strategy for XRP Ledger, RLUSD, and XRP, while legal officer Bill Morgan responded to separate claims regarding XRP Ledger activity. Ripple Details New Institutional Partnerships According to Grayscale, Ripple said its latest partnerships focus on serving institutional clients and supporting digital and traditional financial markets. The company stated that its core objective remains building infrastructure that moves value across financial systems. Ripple said trades are settling on the XRP Ledger through its collaboration with Mastercard, JPMorgan, and Ondo Finance. The announcement followed a conference discussion where Ripple outlined its institutional strategy. Meanwhile, Ripple also highlighted a recent agreement with OKX. According to the company, the partnership supports RLUSD for spot trading, derivatives trading, collateral use, and additional trading services. RLUSD Expansion Shifts to Utility Ripple said RLUSD launched nearly one and a half years ago and has reached a market capitalization of about $1.6 billion. However, the company emphasized long-term utility rather than market capitalization. According to Ripple, RLUSD is now available across the exchanges it targeted. The company added that market makers and custodians continue expanding support for the stablecoin. With infrastructure largely in place, Ripple said its next priority centers on increasing practical use cases for RLUSD. The company did not announce additional utility initiatives during the discussion. Bill Morgan Responds to XRP Ledger Claims Separately, legal officer Bill Morgan commented on claims regarding XRP Ledger development. Responding to social media criticism, Morgan wrote that "Scam Detective knows more than Grayscale about these matters" before adding that the critic had assured everyone "nothing is happening for the XRPL." Grayscale shared the interview while introducing Ripple's institutional strategy and discussing adoption of RLUSD and XRP. The asset manager also said the conversation explored Ripple's plans for future institutional growth through its latest partnerships. The post Ripple Expands Finance Push With Mastercard and JPMorgan appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Ripple Expands Finance Push With Mastercard and JPMorgan

Ripple unveiled partnerships with Mastercard, JPMorgan, OKX, and Ondo Finance to strengthen institutional finance.
The company said RLUSD's next phase focuses on expanding real-world utility across financial markets.
Ripple also highlighted XRP Ledger adoption while responding to criticism over network development activity.
Ripple disclosed new partnerships with Mastercard, JPMorgan, OKX, and Ondo Finance as it expands its institutional financial infrastructure. According to Grayscale, Ripple discussed the collaborations alongside its strategy for XRP Ledger, RLUSD, and XRP, while legal officer Bill Morgan responded to separate claims regarding XRP Ledger activity.
Ripple Details New Institutional Partnerships
According to Grayscale, Ripple said its latest partnerships focus on serving institutional clients and supporting digital and traditional financial markets. The company stated that its core objective remains building infrastructure that moves value across financial systems.
Ripple said trades are settling on the XRP Ledger through its collaboration with Mastercard, JPMorgan, and Ondo Finance. The announcement followed a conference discussion where Ripple outlined its institutional strategy.
Meanwhile, Ripple also highlighted a recent agreement with OKX. According to the company, the partnership supports RLUSD for spot trading, derivatives trading, collateral use, and additional trading services.
RLUSD Expansion Shifts to Utility
Ripple said RLUSD launched nearly one and a half years ago and has reached a market capitalization of about $1.6 billion. However, the company emphasized long-term utility rather than market capitalization.
According to Ripple, RLUSD is now available across the exchanges it targeted. The company added that market makers and custodians continue expanding support for the stablecoin.
With infrastructure largely in place, Ripple said its next priority centers on increasing practical use cases for RLUSD. The company did not announce additional utility initiatives during the discussion.
Bill Morgan Responds to XRP Ledger Claims
Separately, legal officer Bill Morgan commented on claims regarding XRP Ledger development. Responding to social media criticism, Morgan wrote that "Scam Detective knows more than Grayscale about these matters" before adding that the critic had assured everyone "nothing is happening for the XRPL."
Grayscale shared the interview while introducing Ripple's institutional strategy and discussing adoption of RLUSD and XRP. The asset manager also said the conversation explored Ripple's plans for future institutional growth through its latest partnerships.
The post Ripple Expands Finance Push With Mastercard and JPMorgan appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Article
GLOBAL MEDIA PROCUREMENT: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGMAuckland, New Zealand, July 20th, 2026, Chainwire The Request for Proposal Regarding High-Specification Cryptographic Provenance GLOBAL COMPLIANCE FRAMEWORK & THE 500-YEAR YIXING ZISHA TEAPOTS REAL-WORLD ASSET (RWA) LINEAGE 】 THE JUDGE ARCHIVE-LAB LIMITED (NZ) launches an international technical initiative to establish the definitive 500-year paradigm of Yixing Zisha Teapots. Centering on the "Genesis No. 001" masterpiece, this framework uses high-precision, 100-Megapixel Hasselblad digital scanning for permanent RWA (Real-World Asset) archival and codification, separating "500-year cultural lineage" from mere ephemeral narratives. 【 OFFICIAL ACADEMIC PROVENANCE & HISTORICAL CONTEXT 】 This initiative is anchored in five key institutional verifications: 1. LUO RE-POSIT(S) CENTURIES-OLD CHINESE ARTISTIC TRADITIONS OF ART WITHIN CONTEMPORARY FORMS, TECHNIQUES, AND IDEAS. —— THE CLAY STUDIO COLLECTION (ACCESSED VIA EHIVE DIGITAL ARCHIVE, REF: PC311 | HISTORICAL OBJECT: YIXING TEAPOTS) [ THE JUDGE ARCHIVE-LAB DATA COGNITION ] THE SOVEREIGNTY OF THE ENCOUNTER:  THE ECHO OF 1999 IS LOUDER THAN THE SILENCE OF 500 YEARS.  2. THE CREATOR, LUO XIAOPING, IS AN ELECTED INDIVIDUAL MEMBER OF THE INTERNATIONAL ACADEMY OF CERAMICS (IAC, GENEVA).  HIS LIFE'S WORK REPOSITIONS CENTURIES-OLD CHINESE ARTISTIC TRADITIONS WITHIN CONTEMPORARY GLOBAL FORMS, WITH SCULPTURES PERMANENTLY ENSHRINED IN THE WHITE HOUSE (USA) AND MUSÉE ARIANA (SWITZERLAND).  3. LUO XIAOPING'S WORK REPRESENTS A PROFOUND SPIRITUAL DEPARTURE FROM THE PURELY ARTISANAL CONSTRAINTS  OF TRADITIONAL CERAMICS... LUO HAS MASTERFULLY DISMANTLED THE 'FUNCTIONAL ILLUSION' OF THE UTILITARIAN OBJECT.  —— JONATHAN MANE-WHEOKI (CNZM), FROM THE HISTORICAL 1999 AUCKLAND EXHIBITION CRITIQUES.  4. CERAMICS MONTHLY (USA) 1999-2001 SPECIAL REVIEWS | VERDICT: BEYOND AESTHETICS;  A MASTERCLASS IN GRAVITATIONAL DEFIANCE AND MATERIAL EXTREMES.  5. HISTORICAL ARCHIVE [1999-2000] | TOPIC: MY WAY | THE SLAB CONSTRUCTION OF LUO XIAOPING  CONTEXT:  APT3 CONTEMPORARY ART REVIEW (AU/NZ).  |VERDICT: THE RE-POSITIONING OF  500-YEAR CHINESE TRADITION. 【 INSTITUTIONAL INTAKE & GLOBAL MEDIA PROCUREMENT 】 THE JUDGE ARCHIVE-LAB LIMITED initiates global media procurement for this 500-year archival ledger, with opportunities open for top-tier outlets under framework code TDP. High-spec digital/print dissemination slots available for competitive agency bidding. * Direct Inquiries: wing@thejudge-lab.nz 【 TOKEN & CRYPTOGRAPHIC COMPLIANCE MATRIX 】 Decentralized parameters under the TDP framework are non-fractional, non-custodial Utility Protocol Keys (TDP) for identity logging, cryptographic verification, and programmatic media display synchronization. This digital archival process does not represent, convey, or imply any equity ownership, revenue-sharing, debt obligation, investment profit pooling, or commercial voting rights in THE JUDGE ARCHIVE-LAB LIMITED or Genesis No. 001. Public financial speculation and securities categorization are expressly disclaimed and legally refused under global financial sanctions. ARCHIVE STATUS & PERMANENT SOVEREIGNTY:The ownership, provenance history, exhibition context, and material truth of this asset are physically verified and endorsed by the creator, Luo Xiaoping. The official abdication and decoupling of historical interpretive sovereignty are vested directly into the asset owner WING - THE JUDGE ARCHIVE-LAB LIMITED. 【 OFFICIAL RFP TECHNICAL SPECIFICATIONS 】 * Project Reference Specimen: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM * Material Authentication: Handcrafted Yixing Duan Clay / Gas & Wood-Fired Hybrid Firing The 1999 Auckland Exhibition Luo Xiaoping Handcrafted Yixing Duan-Ni Teapot Specimen * Procurement Framework Code: TPD * Core Procurement Scope: Premium Print Media MANDATORY TECHNICAL PARAMETER: Bidders and media networks must strictly review and utilize the 19MB lossless asset master, generated via Hasselblad 100-Megapixel technology and hosted on our official website (https://thejudge-lab.nz), as the technical metric and design specification standard for this evaluation. 【 ISSUER AUTHORITY 】 * Entity: THE JUDGE ARCHIVE-LAB LIMITED * Auditor/MD: WING * Official Gateway: https://thejudge-lab.nz ContactTHE JUDGE ARCHIVE-LAB LIMITED wing@thejudge-lab.nz +64223653344 Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post GLOBAL MEDIA PROCUREMENT: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

GLOBAL MEDIA PROCUREMENT: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM

Auckland, New Zealand, July 20th, 2026, Chainwire
The Request for Proposal Regarding High-Specification Cryptographic Provenance
GLOBAL COMPLIANCE FRAMEWORK & THE 500-YEAR YIXING ZISHA TEAPOTS REAL-WORLD ASSET (RWA) LINEAGE 】
THE JUDGE ARCHIVE-LAB LIMITED (NZ) launches an international technical initiative to establish the definitive 500-year paradigm of Yixing Zisha Teapots. Centering on the "Genesis No. 001" masterpiece, this framework uses high-precision, 100-Megapixel Hasselblad digital scanning for permanent RWA (Real-World Asset) archival and codification, separating "500-year cultural lineage" from mere ephemeral narratives.
【 OFFICIAL ACADEMIC PROVENANCE & HISTORICAL CONTEXT 】
This initiative is anchored in five key institutional verifications:
1. LUO RE-POSIT(S) CENTURIES-OLD CHINESE ARTISTIC TRADITIONS OF ART WITHIN CONTEMPORARY FORMS, TECHNIQUES, AND IDEAS.
—— THE CLAY STUDIO COLLECTION (ACCESSED VIA EHIVE DIGITAL ARCHIVE, REF: PC311 | HISTORICAL OBJECT: YIXING TEAPOTS)
[ THE JUDGE ARCHIVE-LAB DATA COGNITION ] THE SOVEREIGNTY OF THE ENCOUNTER:
THE ECHO OF 1999 IS LOUDER THAN THE SILENCE OF 500 YEARS.
2. THE CREATOR, LUO XIAOPING, IS AN ELECTED INDIVIDUAL MEMBER OF THE INTERNATIONAL ACADEMY OF CERAMICS (IAC, GENEVA).
HIS LIFE'S WORK REPOSITIONS CENTURIES-OLD CHINESE ARTISTIC TRADITIONS WITHIN CONTEMPORARY GLOBAL FORMS,
WITH SCULPTURES PERMANENTLY ENSHRINED IN THE WHITE HOUSE (USA) AND MUSÉE ARIANA (SWITZERLAND).
3. LUO XIAOPING'S WORK REPRESENTS A PROFOUND SPIRITUAL DEPARTURE FROM THE PURELY ARTISANAL CONSTRAINTS
OF TRADITIONAL CERAMICS... LUO HAS MASTERFULLY DISMANTLED THE 'FUNCTIONAL ILLUSION' OF THE UTILITARIAN OBJECT.
—— JONATHAN MANE-WHEOKI (CNZM), FROM THE HISTORICAL 1999 AUCKLAND EXHIBITION CRITIQUES.
4. CERAMICS MONTHLY (USA) 1999-2001 SPECIAL REVIEWS | VERDICT: BEYOND AESTHETICS;
A MASTERCLASS IN GRAVITATIONAL DEFIANCE AND MATERIAL EXTREMES.
5. HISTORICAL ARCHIVE [1999-2000] | TOPIC: MY WAY | THE SLAB CONSTRUCTION OF LUO XIAOPING
CONTEXT:
APT3 CONTEMPORARY ART REVIEW (AU/NZ).
|VERDICT: THE RE-POSITIONING OF
500-YEAR CHINESE TRADITION.
【 INSTITUTIONAL INTAKE & GLOBAL MEDIA PROCUREMENT 】
THE JUDGE ARCHIVE-LAB LIMITED initiates global media procurement for this 500-year archival ledger, with opportunities open for top-tier outlets under framework code TDP. High-spec digital/print dissemination slots available for competitive agency bidding.
* Direct Inquiries: wing@thejudge-lab.nz
【 TOKEN & CRYPTOGRAPHIC COMPLIANCE MATRIX 】
Decentralized parameters under the TDP framework are non-fractional, non-custodial Utility Protocol Keys (TDP) for identity logging, cryptographic verification, and programmatic media display synchronization. This digital archival process does not represent, convey, or imply any equity ownership, revenue-sharing, debt obligation, investment profit pooling, or commercial voting rights in THE JUDGE ARCHIVE-LAB LIMITED or Genesis No. 001. Public financial speculation and securities categorization are expressly disclaimed and legally refused under global financial sanctions.
ARCHIVE STATUS & PERMANENT SOVEREIGNTY:The ownership, provenance history, exhibition context, and material truth of this asset are physically verified and endorsed by the creator, Luo Xiaoping. The official abdication and decoupling of historical interpretive sovereignty are vested directly into the asset owner WING - THE JUDGE ARCHIVE-LAB LIMITED.
【 OFFICIAL RFP TECHNICAL SPECIFICATIONS 】
* Project Reference Specimen: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM
* Material Authentication: Handcrafted Yixing Duan Clay / Gas & Wood-Fired Hybrid Firing
The 1999 Auckland Exhibition Luo Xiaoping Handcrafted Yixing Duan-Ni Teapot Specimen
* Procurement Framework Code: TPD
* Core Procurement Scope: Premium Print Media
MANDATORY TECHNICAL PARAMETER: Bidders and media networks must strictly review and utilize the 19MB lossless asset master, generated via Hasselblad 100-Megapixel technology and hosted on our official website (https://thejudge-lab.nz), as the technical metric and design specification standard for this evaluation.
【 ISSUER AUTHORITY 】
* Entity: THE JUDGE ARCHIVE-LAB LIMITED
* Auditor/MD: WING
* Official Gateway: https://thejudge-lab.nz
ContactTHE JUDGE ARCHIVE-LAB LIMITED
wing@thejudge-lab.nz
+64223653344
Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page.
The post GLOBAL MEDIA PROCUREMENT: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Article
Bitcoin Quantum Recovery Plan Leaves Satoshi Coins LockedBIP-361 proposes freezing quantum-vulnerable Bitcoin addresses unless users migrate funds within the transition period. A zero-knowledge recovery method supports modern HD wallets but excludes many pre-2012 Bitcoin addresses. Legacy wallets, including those linked to Satoshi Nakamoto, would remain locked under the proposed recovery framework. Bitcoin developers have advanced the debate around quantum security after introducing BIP-361, a proposal that would gradually disable vulnerable addresses while exploring a recovery option for eligible wallet owners. According to the proposal and Project Eleven, the recovery method relies on zero-knowledge proofs, although it does not extend to older wallets, including those linked to Satoshi Nakamoto. Recovery Plan Targets Modern Bitcoin Wallets According to BIP-361, developers plan to block new transfers to quantum-vulnerable Bitcoin addresses after three years. They also propose freezing remaining balances after five years if users fail to migrate their funds. The proposal addresses a future scenario known as Q-Day. At that point, a quantum computer could derive private keys from exposed public keys. Developers said attackers could then create valid signatures indistinguishable from legitimate owners.  Consequently, BIP-361 seeks to prevent unauthorized spending before that becomes possible. Project Eleven introduced a prototype recovery method using zero-knowledge proofs. The system lets wallet owners prove control without revealing sensitive key material. Older Wallets Face Different Challenge However, the recovery method depends on hierarchical deterministic wallets introduced through BIP-32 in 2012. Those wallets generate addresses from a parent key using hardened derivation. That requirement excludes many early Bitcoin wallets. Notably, wallets created before 2012 lack the derivation structure needed for the proof. The limitation also affects roughly 1.1 million BTC widely attributed to Satoshi Nakamoto.  Those coins sit in early pay-to-public-key outputs that expose public keys directly onchain. According to Project Eleven, the prototype currently supports three Bitcoin address types instead of Taproot. It also remains unaudited and does not recover funds on any live blockchain. Proposal Shifts Governance Debate Project Eleven reported that the prototype generates proofs in 243 milliseconds on an M5 MacBook Air. Verification takes about 40 milliseconds using CPU processing alone. Developers said the prototype completes the full process in roughly 910 milliseconds without requiring a GPU. They also reported memory usage of about two gigabytes. Meanwhile, the proposal changes the governance discussion surrounding BIP-361. According to the developers, modern seed-based wallets could eventually recover frozen coins, while many legacy wallets would remain outside that recovery path. The post Bitcoin Quantum Recovery Plan Leaves Satoshi Coins Locked appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin Quantum Recovery Plan Leaves Satoshi Coins Locked

BIP-361 proposes freezing quantum-vulnerable Bitcoin addresses unless users migrate funds within the transition period.
A zero-knowledge recovery method supports modern HD wallets but excludes many pre-2012 Bitcoin addresses.
Legacy wallets, including those linked to Satoshi Nakamoto, would remain locked under the proposed recovery framework.
Bitcoin developers have advanced the debate around quantum security after introducing BIP-361, a proposal that would gradually disable vulnerable addresses while exploring a recovery option for eligible wallet owners. According to the proposal and Project Eleven, the recovery method relies on zero-knowledge proofs, although it does not extend to older wallets, including those linked to Satoshi Nakamoto.
Recovery Plan Targets Modern Bitcoin Wallets
According to BIP-361, developers plan to block new transfers to quantum-vulnerable Bitcoin addresses after three years. They also propose freezing remaining balances after five years if users fail to migrate their funds.
The proposal addresses a future scenario known as Q-Day. At that point, a quantum computer could derive private keys from exposed public keys. Developers said attackers could then create valid signatures indistinguishable from legitimate owners.
Consequently, BIP-361 seeks to prevent unauthorized spending before that becomes possible. Project Eleven introduced a prototype recovery method using zero-knowledge proofs. The system lets wallet owners prove control without revealing sensitive key material.
Older Wallets Face Different Challenge
However, the recovery method depends on hierarchical deterministic wallets introduced through BIP-32 in 2012. Those wallets generate addresses from a parent key using hardened derivation.
That requirement excludes many early Bitcoin wallets. Notably, wallets created before 2012 lack the derivation structure needed for the proof. The limitation also affects roughly 1.1 million BTC widely attributed to Satoshi Nakamoto.
Those coins sit in early pay-to-public-key outputs that expose public keys directly onchain. According to Project Eleven, the prototype currently supports three Bitcoin address types instead of Taproot. It also remains unaudited and does not recover funds on any live blockchain.
Proposal Shifts Governance Debate
Project Eleven reported that the prototype generates proofs in 243 milliseconds on an M5 MacBook Air. Verification takes about 40 milliseconds using CPU processing alone.
Developers said the prototype completes the full process in roughly 910 milliseconds without requiring a GPU. They also reported memory usage of about two gigabytes.
Meanwhile, the proposal changes the governance discussion surrounding BIP-361. According to the developers, modern seed-based wallets could eventually recover frozen coins, while many legacy wallets would remain outside that recovery path.
The post Bitcoin Quantum Recovery Plan Leaves Satoshi Coins Locked appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Article
Singaporean-Founded Paymonade Clears Europe’s New Crypto Regulations — When Roughly 90% of Europe...Damoon Technology (Europe) AG, trading as Paymonade, becomes one of just 280 firms authorised EEA-wide under MiCA as the bloc's transitional period closes VADUZ, Liechtenstein and SINGAPORE, July 16, 2026 /PRNewswire/ -- Europe's crypto industry is undergoing one of the most drastic regulatory consolidations any financial sector has faced in recent years. Before the European Union's Markets in Crypto-Assets Regulation ("MiCA") took full effect, the bloc was home to an estimated 3,000-plus registered crypto firms operating under a patchwork of national regimes[1]. Following the close of MiCA's transitional period on 1 July 2026, only 280 firms hold full EEA-wide authorisation[2] — meaning roughly nine in ten previously operating firms did not convert, either exiting the European market, restructuring, or continuing to operate without a licence in breach of EU law[2]. Among the firms clearing that bar is Damoon Technology (Europe) AG, trading as Paymonade, which has been granted a MiCA licence by Liechtenstein's Financial Market Authority ("FMA"). The authorisation permits Paymonade to provide regulated crypto-asset services across all 30 states of the European Economic Area under a single passportable licence. The threshold has proven high even for the industry's largest, most well-resourced players. Independent analysis of the public register indicates that only a small fraction of the world's 100 largest crypto exchanges by trading volume currently hold MiCA authorisation[3], and several major global exchanges, along with at least one of the world's largest stablecoin issuers by market capitalisation, remain absent from the register as of the date of this release[3]. Paymonade is a regulated fiat-to-crypto, and crypto-to-fiat, on-ramp and off-ramp infrastructure provider serving payment providers, fintechs, and cryptocurrency exchanges that need euro and other fiat currency settlement rails. With an annualized transaction volume run-rate of US$1.8 billion as of the first half of 2026, Paymonade ranks among the more substantial fiat on- and off-ramp infrastructure providers operating under the new MiCA regime — particularly among those serving institutional clients such as cryptocurrency exchanges, banks, and fintechs that require seamless, passportable euro and fiat settlement across the full EEA. Their key customers include some of the largest global crypto exchange platforms. Paymonade is founded and led by Calvin Cheng, a Singapore citizen and former Nominated (appointed) Member of the Singapore Parliament who currently serves as Honorary Consul of the Republic of Serbia to Singapore. He has a track record in highly regulated fintech, including ownership of a Swiss digital asset firm admitted to VQF, a FINMA-recognised self-regulatory organisation, and is a founding shareholder of Longbridge Securities, one of Asia's largest online securities brokerages. Paymonade's authorisation adds a Singaporean-founded, Singaporean-led firm to a MiCA register still dominated by European and US-origin entities. "The era of lightly regulated crypto is ending," said Calvin Cheng, Founder and Chairman of Paymonade. "Getting this licence over the finish line, at a time when the vast majority of firms in our industry have not, shows the strength of the institution we've built. We expect the next generation of leaders in digital assets to be firms that pair innovation with regulatory trust, and we intend to be one of them." "Banks, fintechs and exchanges increasingly want one regulated infrastructure partner that can operate across the whole of Europe rather than negotiating market-by-market," said Milos Winter Bogdanovic, Chief Executive Officer of Damoon Technology (Europe) AG. "We are in active discussions with exchanges, fintechs and banks seeking compliant European fiat infrastructure." Paymonade said it intends to double its European headcount over the next 12 months as it onboards new institutional clients, and to increase annualised transaction volume to CHF 6 billion per year by mid-2027. — ENDS — About Paymonade Paymonade is the trading name of Damoon Technology (Europe) AG, a Liechtenstein-based regulated digital asset infrastructure provider specialising in fiat-to-crypto, and crypto-to-fiat, on-ramp and off-ramp, enterprise payment solutions and compliant crypto infrastructure. The company enables banks, fintech companies, payment providers and cryptocurrency exchanges to connect traditional finance with the digital asset economy through scalable and regulated infrastructure across the European Economic Area. Website: www.paymonade.tech Forward-Looking Statements This announcement contains forward-looking statements regarding future business plans, growth objectives and market opportunities. Actual results may differ materially from those expressed or implied due to various risks and uncertainties. [1] Industry estimate cited in trade press reporting on pre-MiCA Virtual Asset Service Provider registrations across the EU/EEA; not an ESMA-audited figure. [2] The public ESMA register recording all authorised firms is available for verification - ESMA interim MiCA CASP register, most recent update as of the date of this release: https://www.esma.europa.eu [3] Based on independent tracking of the ESMA MiCA CASP register as of the date of this release; absence does not by itself confirm refusal, and status should be verified directly with ESMA before publication. Journalists are encouraged to consult the register directly for the current list of authorised and non-authorised entities.   Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post Singaporean-Founded Paymonade Clears Europe’s New Crypto Regulations — When Roughly 90% of Europe’s Crypto Firms Fail appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Singaporean-Founded Paymonade Clears Europe’s New Crypto Regulations — When Roughly 90% of Europe...

Damoon Technology (Europe) AG, trading as Paymonade, becomes one of just 280 firms authorised EEA-wide under MiCA as the bloc's transitional period closes
VADUZ, Liechtenstein and SINGAPORE, July 16, 2026 /PRNewswire/ -- Europe's crypto industry is undergoing one of the most drastic regulatory consolidations any financial sector has faced in recent years. Before the European Union's Markets in Crypto-Assets Regulation ("MiCA") took full effect, the bloc was home to an estimated 3,000-plus registered crypto firms operating under a patchwork of national regimes[1]. Following the close of MiCA's transitional period on 1 July 2026, only 280 firms hold full EEA-wide authorisation[2] — meaning roughly nine in ten previously operating firms did not convert, either exiting the European market, restructuring, or continuing to operate without a licence in breach of EU law[2].
Among the firms clearing that bar is Damoon Technology (Europe) AG, trading as Paymonade, which has been granted a MiCA licence by Liechtenstein's Financial Market Authority ("FMA"). The authorisation permits Paymonade to provide regulated crypto-asset services across all 30 states of the European Economic Area under a single passportable licence.
The threshold has proven high even for the industry's largest, most well-resourced players. Independent analysis of the public register indicates that only a small fraction of the world's 100 largest crypto exchanges by trading volume currently hold MiCA authorisation[3], and several major global exchanges, along with at least one of the world's largest stablecoin issuers by market capitalisation, remain absent from the register as of the date of this release[3].
Paymonade is a regulated fiat-to-crypto, and crypto-to-fiat, on-ramp and off-ramp infrastructure provider serving payment providers, fintechs, and cryptocurrency exchanges that need euro and other fiat currency settlement rails. With an annualized transaction volume run-rate of US$1.8 billion as of the first half of 2026, Paymonade ranks among the more substantial fiat on- and off-ramp infrastructure providers operating under the new MiCA regime — particularly among those serving institutional clients such as cryptocurrency exchanges, banks, and fintechs that require seamless, passportable euro and fiat settlement across the full EEA. Their key customers include some of the largest global crypto exchange platforms.
Paymonade is founded and led by Calvin Cheng, a Singapore citizen and former Nominated (appointed) Member of the Singapore Parliament who currently serves as Honorary Consul of the Republic of Serbia to Singapore. He has a track record in highly regulated fintech, including ownership of a Swiss digital asset firm admitted to VQF, a FINMA-recognised self-regulatory organisation, and is a founding shareholder of Longbridge Securities, one of Asia's largest online securities brokerages. Paymonade's authorisation adds a Singaporean-founded, Singaporean-led firm to a MiCA register still dominated by European and US-origin entities.
"The era of lightly regulated crypto is ending," said Calvin Cheng, Founder and Chairman of Paymonade. "Getting this licence over the finish line, at a time when the vast majority of firms in our industry have not, shows the strength of the institution we've built. We expect the next generation of leaders in digital assets to be firms that pair innovation with regulatory trust, and we intend to be one of them."
"Banks, fintechs and exchanges increasingly want one regulated infrastructure partner that can operate across the whole of Europe rather than negotiating market-by-market," said Milos Winter Bogdanovic, Chief Executive Officer of Damoon Technology (Europe) AG. "We are in active discussions with exchanges, fintechs and banks seeking compliant European fiat infrastructure."
Paymonade said it intends to double its European headcount over the next 12 months as it onboards new institutional clients, and to increase annualised transaction volume to CHF 6 billion per year by mid-2027.
— ENDS —
About Paymonade
Paymonade is the trading name of Damoon Technology (Europe) AG, a Liechtenstein-based regulated digital asset infrastructure provider specialising in fiat-to-crypto, and crypto-to-fiat, on-ramp and off-ramp, enterprise payment solutions and compliant crypto infrastructure. The company enables banks, fintech companies, payment providers and cryptocurrency exchanges to connect traditional finance with the digital asset economy through scalable and regulated infrastructure across the European Economic Area.
Website: www.paymonade.tech
Forward-Looking Statements
This announcement contains forward-looking statements regarding future business plans, growth objectives and market opportunities. Actual results may differ materially from those expressed or implied due to various risks and uncertainties.
[1] Industry estimate cited in trade press reporting on pre-MiCA Virtual Asset Service Provider registrations across the EU/EEA; not an ESMA-audited figure.
[2] The public ESMA register recording all authorised firms is available for verification - ESMA interim MiCA CASP register, most recent update as of the date of this release: https://www.esma.europa.eu
[3] Based on independent tracking of the ESMA MiCA CASP register as of the date of this release; absence does not by itself confirm refusal, and status should be verified directly with ESMA before publication. Journalists are encouraged to consult the register directly for the current list of authorised and non-authorised entities.

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Bitcoin Analyst Rejects Four-Year Cycle Bottom at $50KDoctor Profit said the widely expected four-year Bitcoin cycle bottom is becoming less likely as consensus grows. He plans to accumulate Bitcoin between $54,000 and $64,000 using a disciplined daily buying strategy. The analyst cited tokenization progress and potential U.S. regulatory clarity as long-term bullish catalysts. Bitcoin analyst Doctor Profit has outlined a new accumulation strategy after arguing that the widely expected four-year cycle bottom may not materialize. According to Doctor Profit, investors increasingly expect to buy Bitcoin during September or October, while he believes growing consensus around that timeline makes the traditional cycle less likely. His comments also linked Bitcoin's outlook to tokenization initiatives and potential U.S. regulatory developments. Analyst Questions Four-Year Cycle Expectations According to Doctor Profit, many investors now expect Bitcoin to reach its cycle bottom between September and October. He said nearly everyone he has spoken with plans to buy during that period because they expect the four-year cycle to repeat. However, he argued that Bitcoin rarely rewards the most widely shared market expectations. He also said liquidity around $54,000 remains a key level, adding that he currently does not expect Bitcoin to trade below $50,000. Building on that view, Doctor Profit said he has started accumulating gradually instead of waiting for lower prices. Tokenization Shapes Market Outlook Doctor Profit also pointed to developments outside the crypto market. He referenced BlackRock, the New York Stock Exchange, the S&P, Nasdaq and the DTCC's tokenization infrastructure, which is expected to expand in October. Additionally, he cited reports that the CLARITY Act could advance in August. According to Doctor Profit, regulatory clarity could make institutional participation in tokenization easier while strengthening the broader blockchain narrative. He also said major announcements involving BlackRock, tokenization and Bitcoin could arrive during the same period. According to Doctor Profit, those developments may coincide with growing market participation instead of a traditional cycle bottom. Doctor Profit Details Bitcoin Buying Strategy Doctor Profit said he has separated his investment plan into two capital pools. The first consists of profits generated from Bitcoin and altcoin short positions, which he said he fully converted into Bitcoin near $64,000. Meanwhile, the second pool remains in cash and will be deployed gradually. He plans to invest 5% daily whenever Bitcoin trades between $54,000 and $64,000, stopping purchases above that range. He also outlined a fixed allocation strategy. According to Doctor Profit, every four dollars invested in Bitcoin will be matched with one dollar invested in Ethereum, making Bitcoin his primary long-term position. The post Bitcoin Analyst Rejects Four-Year Cycle Bottom at $50K appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin Analyst Rejects Four-Year Cycle Bottom at $50K

Doctor Profit said the widely expected four-year Bitcoin cycle bottom is becoming less likely as consensus grows.
He plans to accumulate Bitcoin between $54,000 and $64,000 using a disciplined daily buying strategy.
The analyst cited tokenization progress and potential U.S. regulatory clarity as long-term bullish catalysts.
Bitcoin analyst Doctor Profit has outlined a new accumulation strategy after arguing that the widely expected four-year cycle bottom may not materialize. According to Doctor Profit, investors increasingly expect to buy Bitcoin during September or October, while he believes growing consensus around that timeline makes the traditional cycle less likely. His comments also linked Bitcoin's outlook to tokenization initiatives and potential U.S. regulatory developments.
Analyst Questions Four-Year Cycle Expectations
According to Doctor Profit, many investors now expect Bitcoin to reach its cycle bottom between September and October. He said nearly everyone he has spoken with plans to buy during that period because they expect the four-year cycle to repeat.
However, he argued that Bitcoin rarely rewards the most widely shared market expectations. He also said liquidity around $54,000 remains a key level, adding that he currently does not expect Bitcoin to trade below $50,000.
Building on that view, Doctor Profit said he has started accumulating gradually instead of waiting for lower prices.
Tokenization Shapes Market Outlook
Doctor Profit also pointed to developments outside the crypto market. He referenced BlackRock, the New York Stock Exchange, the S&P, Nasdaq and the DTCC's tokenization infrastructure, which is expected to expand in October.
Additionally, he cited reports that the CLARITY Act could advance in August. According to Doctor Profit, regulatory clarity could make institutional participation in tokenization easier while strengthening the broader blockchain narrative.
He also said major announcements involving BlackRock, tokenization and Bitcoin could arrive during the same period. According to Doctor Profit, those developments may coincide with growing market participation instead of a traditional cycle bottom.
Doctor Profit Details Bitcoin Buying Strategy
Doctor Profit said he has separated his investment plan into two capital pools. The first consists of profits generated from Bitcoin and altcoin short positions, which he said he fully converted into Bitcoin near $64,000.
Meanwhile, the second pool remains in cash and will be deployed gradually. He plans to invest 5% daily whenever Bitcoin trades between $54,000 and $64,000, stopping purchases above that range.
He also outlined a fixed allocation strategy. According to Doctor Profit, every four dollars invested in Bitcoin will be matched with one dollar invested in Ethereum, making Bitcoin his primary long-term position.
The post Bitcoin Analyst Rejects Four-Year Cycle Bottom at $50K appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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Bitcoin Market Outlook Eyes $64K BreakoutBitcoin approaches the critical $64K resistance as traders monitor confirmation before targeting the next major technical level. Persistent exchange outflows continue limiting available Bitcoin supply despite recent consolidation near important support levels. Buyers defended lower support while weekend liquidity keeps attention on confirmation before any sustained upward continuation. Bitcoin Market Outlook remains centered on a decisive technical zone as traders watch resistance and on-chain activity. Market participants continue awaiting stronger confirmation before anticipating a broader move into higher price territory. $64K Resistance Keeps Bitcoin in Focus CryptoSavingExpert recently identified $64,000 as Bitcoin's most important technical level. The shared market update described repeated reactions around this long-standing resistance. Price continues trading immediately beneath the closely monitored threshold. Source: X The four-hour chart shows $64,000 repeatedly switching between support and resistance. Buyers reclaimed the level during earlier sessions before fresh selling emerged. The repeated reactions established the area as a key decision point. Bitcoin as of writing is trading near $63,933 after posting a 1.81% daily advance. After a previous decline, prices edged closer to $62,500 but were halted by buyers. The rebound restored short-term momentum without producing a confirmed breakout. CryptoSavingExpert also cautioned against overreacting to weekend price movements. Lower liquidity frequently creates temporary moves lacking broader market participation. Confirmation during the upcoming trading week therefore remains the primary focus. Price Structure Points Toward Major Resistance The technical chart identifies $65,700 as the next major resistance level. Bitcoin previously tested this area several times before encountering renewed selling. That repeated rejection keeps the zone technically important. Meanwhile, immediate support remains around $63,000, where buyers recently interrupted selling pressure. The consolidation continues near a previous level of support at $61,000. The range of increased structural support is $59,000-$59,500. Buyers regained their confidence in the early sell-off, with intraday trading. Bitcoin recovered from a temporary low of $62,600 in the session. Later on, the advance pushed prices up to over $63,800 as consolidation began. Since then, the price has settled in at about $63,700-$63,950. The price has consolidated gains, indicating that buyers are still favoring the breakout zone. Market participants now await stronger confirmation before challenging higher resistance. Exchange Outflows Continue Supporting Supply Conditions CryptoQuant's exchange netflow chart provides additional context behind current market behavior. Persistent red bars continue exceeding green inflow readings across multiple market cycles. Investors have consistently withdrawn Bitcoin instead of depositing holdings onto exchanges. Source: Cryptoquant The large exchange outflows started to be more apparent during 2024 and 2025. During volatile markets, several times, withdrawals surpassed 40,000 BTC. Those movements reduced immediately available exchange supply despite changing price conditions. Recent exchange activity has remained relatively balanced despite Bitcoin trading below previous highs. Large exchange inflows have not emerged during the latest consolidation phase. That pattern indicates widespread selling pressure remains relatively limited. The stock's current market cap is about $1.28 trillion and trading volume dropped more than 27% daily. The recent rally resulted in lower volume numbers. Bitcoin now approaches another important test as traders monitor price acceptance above $64,000. The post Bitcoin Market Outlook Eyes $64K Breakout appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin Market Outlook Eyes $64K Breakout

Bitcoin approaches the critical $64K resistance as traders monitor confirmation before targeting the next major technical level.
Persistent exchange outflows continue limiting available Bitcoin supply despite recent consolidation near important support levels.
Buyers defended lower support while weekend liquidity keeps attention on confirmation before any sustained upward continuation.
Bitcoin Market Outlook remains centered on a decisive technical zone as traders watch resistance and on-chain activity. Market participants continue awaiting stronger confirmation before anticipating a broader move into higher price territory.
$64K Resistance Keeps Bitcoin in Focus
CryptoSavingExpert recently identified $64,000 as Bitcoin's most important technical level. The shared market update described repeated reactions around this long-standing resistance. Price continues trading immediately beneath the closely monitored threshold.
Source: X
The four-hour chart shows $64,000 repeatedly switching between support and resistance. Buyers reclaimed the level during earlier sessions before fresh selling emerged. The repeated reactions established the area as a key decision point.
Bitcoin as of writing is trading near $63,933 after posting a 1.81% daily advance. After a previous decline, prices edged closer to $62,500 but were halted by buyers. The rebound restored short-term momentum without producing a confirmed breakout.
CryptoSavingExpert also cautioned against overreacting to weekend price movements. Lower liquidity frequently creates temporary moves lacking broader market participation. Confirmation during the upcoming trading week therefore remains the primary focus.
Price Structure Points Toward Major Resistance
The technical chart identifies $65,700 as the next major resistance level. Bitcoin previously tested this area several times before encountering renewed selling. That repeated rejection keeps the zone technically important.
Meanwhile, immediate support remains around $63,000, where buyers recently interrupted selling pressure. The consolidation continues near a previous level of support at $61,000. The range of increased structural support is $59,000-$59,500.
Buyers regained their confidence in the early sell-off, with intraday trading. Bitcoin recovered from a temporary low of $62,600 in the session. Later on, the advance pushed prices up to over $63,800 as consolidation began.
Since then, the price has settled in at about $63,700-$63,950. The price has consolidated gains, indicating that buyers are still favoring the breakout zone. Market participants now await stronger confirmation before challenging higher resistance.
Exchange Outflows Continue Supporting Supply Conditions
CryptoQuant's exchange netflow chart provides additional context behind current market behavior. Persistent red bars continue exceeding green inflow readings across multiple market cycles. Investors have consistently withdrawn Bitcoin instead of depositing holdings onto exchanges.
Source: Cryptoquant
The large exchange outflows started to be more apparent during 2024 and 2025. During volatile markets, several times, withdrawals surpassed 40,000 BTC. Those movements reduced immediately available exchange supply despite changing price conditions.
Recent exchange activity has remained relatively balanced despite Bitcoin trading below previous highs. Large exchange inflows have not emerged during the latest consolidation phase. That pattern indicates widespread selling pressure remains relatively limited.
The stock's current market cap is about $1.28 trillion and trading volume dropped more than 27% daily. The recent rally resulted in lower volume numbers. Bitcoin now approaches another important test as traders monitor price acceptance above $64,000.
The post Bitcoin Market Outlook Eyes $64K Breakout appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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Crypto ETF Signals Broader Institutional AdoptionA diversified Crypto ETF allocates nearly 60% to Bitcoin and Ethereum while expanding exposure across major blockchain networks. Hyperliquid receives a 6.5% allocation, reflecting institutional interest in decentralized perpetual trading infrastructure. Multi-token portfolio construction suggests traditional asset managers are broadening digital asset investment strategies. Crypto ETF allocations are drawing attention after a diversified institutional portfolio expanded beyond Bitcoin and Ethereum, adding notable exposure to several blockchain networks and decentralized trading infrastructure. Institutional Allocation Expands Beyond Bitcoin Whale Factor shared details about a newly launched multi-token investment product. The post focused on diversified institutional cryptocurrency allocations. The fund reportedly manages approximately $15 million in assets. https://twitter.com/WhaleFactor/status/2077975357345476765?s=20 Bitcoin represents the largest allocation at roughly 41% of assets. Ethereum follows with an 18.4% portfolio weighting. Together, both assets account for nearly sixty percent. The portfolio also includes Solana, BNB, XRP, and Hyperliquid. Smaller positions appear in Stellar, Dogecoin, and USD Coin. A minimal cash allocation remains within the strategy. The social media update noted growing institutional participation across multiple blockchain ecosystems. It described the allocation as broader than traditional Bitcoin-focused investment products. The post presented the portfolio as evidence of expanding market participation. Hyperliquid Draws Institutional Attention Hyperliquid receives approximately 6.5% of the reported portfolio allocation. That percentage exceeds several established digital assets. The weighting attracted immediate attention across cryptocurrency markets. Whale Factor described the allocation as notable for decentralized perpetual trading infrastructure. The post stated institutional investors increasingly recognize on-chain trading activity. That observation centered on portfolio construction rather than speculation. Current portfolio data also showed HYPE trading with a daily decline near 3.80%. Short-term market performance differed from long-term allocation decisions. Institutional portfolios generally emphasize broader investment objectives. The reported allocation demonstrates exposure beyond established blockchain networks. Traditional finance participants appear willing to diversify across multiple market segments. Portfolio managers may seek balanced exposure rather than concentrated positions. Diversification Defines Institutional Strategy Bitcoin remains the portfolio's largest holding because of market maturity. Ethereum maintains substantial weighting through smart contract leadership. Both assets continue serving as core institutional positions. Solana, BNB, and XRP offer access to different blockchain ecosystems. Each network addresses different infrastructure and payment use cases. The allocations create broader cryptocurrency market representation. Stablecoin exposure through USD Coin supports portfolio flexibility and liquidity. Smaller allocations also reduce concentration within individual assets. Active management allows adjustments as market conditions evolve. Whale Factor stated institutional validation continues accelerating across digital assets. The reported allocations illustrate expanding investment preferences within cryptocurrency markets. The portfolio reflects diversification instead of reliance on a single blockchain narrative. The post Crypto ETF Signals Broader Institutional Adoption appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Crypto ETF Signals Broader Institutional Adoption

A diversified Crypto ETF allocates nearly 60% to Bitcoin and Ethereum while expanding exposure across major blockchain networks.
Hyperliquid receives a 6.5% allocation, reflecting institutional interest in decentralized perpetual trading infrastructure.
Multi-token portfolio construction suggests traditional asset managers are broadening digital asset investment strategies.
Crypto ETF allocations are drawing attention after a diversified institutional portfolio expanded beyond Bitcoin and Ethereum, adding notable exposure to several blockchain networks and decentralized trading infrastructure.
Institutional Allocation Expands Beyond Bitcoin
Whale Factor shared details about a newly launched multi-token investment product. The post focused on diversified institutional cryptocurrency allocations. The fund reportedly manages approximately $15 million in assets.
https://twitter.com/WhaleFactor/status/2077975357345476765?s=20
Bitcoin represents the largest allocation at roughly 41% of assets. Ethereum follows with an 18.4% portfolio weighting. Together, both assets account for nearly sixty percent.
The portfolio also includes Solana, BNB, XRP, and Hyperliquid. Smaller positions appear in Stellar, Dogecoin, and USD Coin. A minimal cash allocation remains within the strategy.
The social media update noted growing institutional participation across multiple blockchain ecosystems. It described the allocation as broader than traditional Bitcoin-focused investment products. The post presented the portfolio as evidence of expanding market participation.
Hyperliquid Draws Institutional Attention
Hyperliquid receives approximately 6.5% of the reported portfolio allocation. That percentage exceeds several established digital assets. The weighting attracted immediate attention across cryptocurrency markets.
Whale Factor described the allocation as notable for decentralized perpetual trading infrastructure. The post stated institutional investors increasingly recognize on-chain trading activity. That observation centered on portfolio construction rather than speculation.
Current portfolio data also showed HYPE trading with a daily decline near 3.80%. Short-term market performance differed from long-term allocation decisions. Institutional portfolios generally emphasize broader investment objectives.
The reported allocation demonstrates exposure beyond established blockchain networks. Traditional finance participants appear willing to diversify across multiple market segments. Portfolio managers may seek balanced exposure rather than concentrated positions.
Diversification Defines Institutional Strategy
Bitcoin remains the portfolio's largest holding because of market maturity. Ethereum maintains substantial weighting through smart contract leadership. Both assets continue serving as core institutional positions.
Solana, BNB, and XRP offer access to different blockchain ecosystems. Each network addresses different infrastructure and payment use cases. The allocations create broader cryptocurrency market representation.
Stablecoin exposure through USD Coin supports portfolio flexibility and liquidity. Smaller allocations also reduce concentration within individual assets. Active management allows adjustments as market conditions evolve.
Whale Factor stated institutional validation continues accelerating across digital assets. The reported allocations illustrate expanding investment preferences within cryptocurrency markets. The portfolio reflects diversification instead of reliance on a single blockchain narrative.
The post Crypto ETF Signals Broader Institutional Adoption appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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Michael Saylor Opposes BIP 110 in New Bitcoin DebateMichael Saylor said BIP 110 would unnecessarily restrict valid Bitcoin transactions through consensus changes. He argued Bitcoin should rely on market forces, node policies, and neutral protocol rules instead of transaction limits. Saylor warned BIP 110 could reduce flexibility and set a precedent for future consensus restrictions. Strategy Executive Chairman Michael Saylor has publicly opposed Bitcoin Improvement Proposal 110, arguing that consensus changes should not restrict valid Bitcoin transactions. In an article titled "110 Reasons BIP 110 Is a Bad Idea," Saylor said Bitcoin should rely on neutral rules, market forces and node policies instead of protocol restrictions. According to Saylor, Bitcoin "does not need guardians of purity" but "guardians of neutrality." Saylor Challenges BIP 110 Proposal According to Saylor, BIP 110 would introduce temporary consensus restrictions on several Bitcoin transaction types. However, he noted the proposal has not been adopted and still requires broader community agreement. He argued Bitcoin cannot determine why users create transactions. Therefore, he said disputed activity should remain subject to market incentives, mining policies and node configurations instead of consensus rules. Saylor also stressed that his article criticizes the proposal rather than its supporters. He said many backers share legitimate concerns about node costs, payments and network efficiency. Consensus Changes Draw Saylor's Objections Saylor said BIP 110 addresses a disputed use case instead of a critical consensus failure. He argued consensus changes should remain reserved for inflation, double-spending or other major protocol problems. He also objected to restrictions affecting script structures, Taproot features and future upgrade paths. According to Saylor, those changes could reduce technical flexibility while limiting future innovation on Bitcoin. Furthermore, Saylor questioned the proposal's deployment process. He pointed to its modified activation threshold and warned that differing rule enforcement could increase coordination risks across the network. Neutrality Remains Central To His Position Saylor also argued that Bitcoin should preserve permissionless innovation instead of narrowing valid transaction activity. He said voluntary relay policies and market pricing already provide alternatives without changing consensus rules. Additionally, he warned that adopting BIP 110 could establish a precedent for future restrictions targeting other transaction types. According to Saylor, protocol debates should focus on technical necessity rather than judgments about preferred network use. His article concluded that Bitcoin's strength comes from neutral rules, hard consensus and open markets. For that reason, Saylor said he believes BIP 110 represents the wrong solution to the concerns it seeks to address. The post Michael Saylor Opposes BIP 110 in New Bitcoin Debate appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Michael Saylor Opposes BIP 110 in New Bitcoin Debate

Michael Saylor said BIP 110 would unnecessarily restrict valid Bitcoin transactions through consensus changes.
He argued Bitcoin should rely on market forces, node policies, and neutral protocol rules instead of transaction limits.
Saylor warned BIP 110 could reduce flexibility and set a precedent for future consensus restrictions.
Strategy Executive Chairman Michael Saylor has publicly opposed Bitcoin Improvement Proposal 110, arguing that consensus changes should not restrict valid Bitcoin transactions. In an article titled "110 Reasons BIP 110 Is a Bad Idea," Saylor said Bitcoin should rely on neutral rules, market forces and node policies instead of protocol restrictions. According to Saylor, Bitcoin "does not need guardians of purity" but "guardians of neutrality."
Saylor Challenges BIP 110 Proposal
According to Saylor, BIP 110 would introduce temporary consensus restrictions on several Bitcoin transaction types. However, he noted the proposal has not been adopted and still requires broader community agreement.
He argued Bitcoin cannot determine why users create transactions. Therefore, he said disputed activity should remain subject to market incentives, mining policies and node configurations instead of consensus rules.
Saylor also stressed that his article criticizes the proposal rather than its supporters. He said many backers share legitimate concerns about node costs, payments and network efficiency.
Consensus Changes Draw Saylor's Objections
Saylor said BIP 110 addresses a disputed use case instead of a critical consensus failure. He argued consensus changes should remain reserved for inflation, double-spending or other major protocol problems.
He also objected to restrictions affecting script structures, Taproot features and future upgrade paths. According to Saylor, those changes could reduce technical flexibility while limiting future innovation on Bitcoin.
Furthermore, Saylor questioned the proposal's deployment process. He pointed to its modified activation threshold and warned that differing rule enforcement could increase coordination risks across the network.
Neutrality Remains Central To His Position
Saylor also argued that Bitcoin should preserve permissionless innovation instead of narrowing valid transaction activity. He said voluntary relay policies and market pricing already provide alternatives without changing consensus rules.
Additionally, he warned that adopting BIP 110 could establish a precedent for future restrictions targeting other transaction types. According to Saylor, protocol debates should focus on technical necessity rather than judgments about preferred network use.
His article concluded that Bitcoin's strength comes from neutral rules, hard consensus and open markets. For that reason, Saylor said he believes BIP 110 represents the wrong solution to the concerns it seeks to address.
The post Michael Saylor Opposes BIP 110 in New Bitcoin Debate appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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Cobie Admits Coinbase Lost Crypto-Native User TrustCobie admitted Coinbase and Base lost crypto-native trust through avoidable mistakes and poor community engagement. He now leads the Base App and Coinbase trading products, while Jesse Pollak remains focused on the Base blockchain. Coinbase plans to rebuild trust by developing products aligned with onchain user needs and expanding infrastructure. Coinbase product executive Jordan Fish, widely known as Cobie, said Coinbase and Base have lost trust among crypto-native users after a series of avoidable mistakes. Speaking after Rune questioned Base's ability to attract onchain users, Cobie confirmed he recently assumed leadership of the Base App and Coinbase trading products, while Jesse Pollak continues leading the Base blockchain. Leadership Change Follows Community Criticism According to Cobie, he took responsibility for the Base App only a few days ago. He also clarified that he does not manage the Base blockchain itself. His comments came after Rune questioned whether Base could rebuild community confidence. Rune argued that infrastructure alone may not attract users if trust remains damaged. Responding publicly, Cobie acknowledged Coinbase had operated from what he described as an "ivory tower." He added that the company became increasingly disconnected from crypto-native users over time. Furthermore, Cobie said Coinbase and Base lost considerable goodwill through avoidable mistakes, including the latest incident. However, he said rebuilding that relationship will require more than a few weeks. Product Focus Shifts Toward Users As the discussion continued, Cobie outlined his priorities for the Base App. He said he wants product teams to work more closely with onchain users and build products people actually want. He also acknowledged the criticism surrounding his appointment. According to Cobie, many long-time Base supporters currently hold negative views toward the project. Meanwhile, Jesse Pollak confirmed transferring responsibility for the Base App to Cobie. Pollak said he will instead focus on expanding the Base network. The leadership change follows Coinbase CEO Brian Armstrong's acknowledgment that Base made mistakes with content coins. Since then, Base has shifted greater attention toward trading, payments and artificial intelligence products. Base Continues Infrastructure Expansion Alongside management changes, Base has continued developing its network infrastructure. Recently, the network activated the B20 token standard for stablecoins and tokenized assets. That launch followed the Beryl network upgrade. Earlier, Base also experienced a block production outage lasting nearly two hours after an invalid block caused a consensus issue. Cobie joined Coinbase after its reported $375 million acquisition of Echo in October 2025. Before founding Echo, he built a reputation through the UpOnly podcast and later became an active investor in blockchain infrastructure projects, including EigenLayer, Ethena, Babylon, Monad, MegaETH, Succinct, Espresso Systems, Privy and Turnkey. The post Cobie Admits Coinbase Lost Crypto-Native User Trust appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Cobie Admits Coinbase Lost Crypto-Native User Trust

Cobie admitted Coinbase and Base lost crypto-native trust through avoidable mistakes and poor community engagement.
He now leads the Base App and Coinbase trading products, while Jesse Pollak remains focused on the Base blockchain.
Coinbase plans to rebuild trust by developing products aligned with onchain user needs and expanding infrastructure.
Coinbase product executive Jordan Fish, widely known as Cobie, said Coinbase and Base have lost trust among crypto-native users after a series of avoidable mistakes. Speaking after Rune questioned Base's ability to attract onchain users, Cobie confirmed he recently assumed leadership of the Base App and Coinbase trading products, while Jesse Pollak continues leading the Base blockchain.
Leadership Change Follows Community Criticism
According to Cobie, he took responsibility for the Base App only a few days ago. He also clarified that he does not manage the Base blockchain itself.
His comments came after Rune questioned whether Base could rebuild community confidence. Rune argued that infrastructure alone may not attract users if trust remains damaged.
Responding publicly, Cobie acknowledged Coinbase had operated from what he described as an "ivory tower." He added that the company became increasingly disconnected from crypto-native users over time.
Furthermore, Cobie said Coinbase and Base lost considerable goodwill through avoidable mistakes, including the latest incident. However, he said rebuilding that relationship will require more than a few weeks.
Product Focus Shifts Toward Users
As the discussion continued, Cobie outlined his priorities for the Base App. He said he wants product teams to work more closely with onchain users and build products people actually want.
He also acknowledged the criticism surrounding his appointment. According to Cobie, many long-time Base supporters currently hold negative views toward the project.
Meanwhile, Jesse Pollak confirmed transferring responsibility for the Base App to Cobie. Pollak said he will instead focus on expanding the Base network.
The leadership change follows Coinbase CEO Brian Armstrong's acknowledgment that Base made mistakes with content coins. Since then, Base has shifted greater attention toward trading, payments and artificial intelligence products.
Base Continues Infrastructure Expansion
Alongside management changes, Base has continued developing its network infrastructure. Recently, the network activated the B20 token standard for stablecoins and tokenized assets.
That launch followed the Beryl network upgrade. Earlier, Base also experienced a block production outage lasting nearly two hours after an invalid block caused a consensus issue.
Cobie joined Coinbase after its reported $375 million acquisition of Echo in October 2025. Before founding Echo, he built a reputation through the UpOnly podcast and later became an active investor in blockchain infrastructure projects, including EigenLayer, Ethena, Babylon, Monad, MegaETH, Succinct, Espresso Systems, Privy and Turnkey.
The post Cobie Admits Coinbase Lost Crypto-Native User Trust appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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Expert Turns Bullish on Bitcoin, Ends Short Positions and Launches Spot Buying StrategyDoctor Profit closed all crypto short positions and started accumulating Bitcoin through daily spot purchases. The analyst plans to buy Bitcoin between $54,000 and $64,000 using a structured long-term strategy. He cited regulation, tokenization, and institutional adoption as reasons for his bullish outlook. Analyst Doctor Profit announced he closed every cryptocurrency short position and started buying Bitcoin spot for the first time since September 2025. He shared the update after exiting Bitcoin shorts opened between $115,000 and $125,000, another position between $79,000 and $82,000, plus more than 100 altcoin shorts. According to the analyst, he began accumulating Bitcoin at $64,000 through a structured long-term strategy. Accumulation Plan Replaces Short Strategy Doctor Profit said the new approach differs from the selling strategy he used near Bitcoin's previous highs. Instead of selling daily, he plans to buy 5% of his allocated capital each day. According to the analyst, purchases will continue while Bitcoin trades between $54,000 and $64,000. He added that the strategy will last for up to 20 days. Furthermore, he said buying will continue at $62,000, $58,000 and $56,000. However, he intends to increase purchases if Bitcoin briefly reaches $54,000. Doctor Profit also pointed to the weekly 200-moving average and the top of the 2024 consolidation range. He said both technical levels now fall within the same price zone. Analyst Cites Market Structure Shift Alongside technical levels, Doctor Profit said market sentiment has changed sharply. According to him, many traders now expect Bitcoin to fall below $50,000 after previously targeting higher prices. He added that he no longer expects Bitcoin to revisit the $40,000 to $50,000 range. Instead, he said widespread expectations for that level changed his market outlook. The analyst also argued that the traditional four-year cycle may not determine the next bottom. He said many traders now expect a September or October low, creating a crowded market view. Regulation And Tokenization Shape Outlook Doctor Profit also based his outlook on developments beyond price action. He cited regulatory progress, tokenization infrastructure and institutional participation as key factors. He specifically referenced the proposed CLARITY Act, Coinbase's institutional expansion and BlackRock's ETF ecosystem. Additionally, he mentioned DTCC's tokenization pilot involving BlackRock, Vanguard, JPMorgan, Goldman Sachs and the New York Stock Exchange. Meanwhile, he noted that Microsoft shares, SPY, QQQ and U.S. Treasuries are part of the pilot before a planned October launch. He also referenced Citadel's reported $400 million investment in Crypto.com while keeping every S&P 500 short position open. The post Expert Turns Bullish on Bitcoin, Ends Short Positions and Launches Spot Buying Strategy appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Expert Turns Bullish on Bitcoin, Ends Short Positions and Launches Spot Buying Strategy

Doctor Profit closed all crypto short positions and started accumulating Bitcoin through daily spot purchases.
The analyst plans to buy Bitcoin between $54,000 and $64,000 using a structured long-term strategy.
He cited regulation, tokenization, and institutional adoption as reasons for his bullish outlook.
Analyst Doctor Profit announced he closed every cryptocurrency short position and started buying Bitcoin spot for the first time since September 2025. He shared the update after exiting Bitcoin shorts opened between $115,000 and $125,000, another position between $79,000 and $82,000, plus more than 100 altcoin shorts. According to the analyst, he began accumulating Bitcoin at $64,000 through a structured long-term strategy.
Accumulation Plan Replaces Short Strategy
Doctor Profit said the new approach differs from the selling strategy he used near Bitcoin's previous highs. Instead of selling daily, he plans to buy 5% of his allocated capital each day.
According to the analyst, purchases will continue while Bitcoin trades between $54,000 and $64,000. He added that the strategy will last for up to 20 days.
Furthermore, he said buying will continue at $62,000, $58,000 and $56,000. However, he intends to increase purchases if Bitcoin briefly reaches $54,000.
Doctor Profit also pointed to the weekly 200-moving average and the top of the 2024 consolidation range. He said both technical levels now fall within the same price zone.
Analyst Cites Market Structure Shift
Alongside technical levels, Doctor Profit said market sentiment has changed sharply. According to him, many traders now expect Bitcoin to fall below $50,000 after previously targeting higher prices.
He added that he no longer expects Bitcoin to revisit the $40,000 to $50,000 range. Instead, he said widespread expectations for that level changed his market outlook.
The analyst also argued that the traditional four-year cycle may not determine the next bottom. He said many traders now expect a September or October low, creating a crowded market view.
Regulation And Tokenization Shape Outlook
Doctor Profit also based his outlook on developments beyond price action. He cited regulatory progress, tokenization infrastructure and institutional participation as key factors.
He specifically referenced the proposed CLARITY Act, Coinbase's institutional expansion and BlackRock's ETF ecosystem. Additionally, he mentioned DTCC's tokenization pilot involving BlackRock, Vanguard, JPMorgan, Goldman Sachs and the New York Stock Exchange.
Meanwhile, he noted that Microsoft shares, SPY, QQQ and U.S. Treasuries are part of the pilot before a planned October launch. He also referenced Citadel's reported $400 million investment in Crypto.com while keeping every S&P 500 short position open.
The post Expert Turns Bullish on Bitcoin, Ends Short Positions and Launches Spot Buying Strategy appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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BONK Drops 40% as Treasury Drainer Sells Another $2.48MThe BONK treasury drainer sold another 800 billion tokens worth about $2.48 million on July 18. BONK has declined 40% since the July 6 treasury exploit, while the wallet still holds 2.4 trillion tokens. Continued token sales and persistent outflows have kept downward pressure on BONK's price. BONK extended its decline after the wallet that legally drained 4.426 trillion BONK from the treasury sold another 800 billion tokens. According to Lookonchain, the latest sale occurred on July 18, while the token has fallen 40% since the July 6 treasury incident. The wallet still holds 2.4 trillion BONK worth about $6.94 million, keeping attention on future token movements. Treasury Wallet Continues Moving BONK According to Lookonchain, the wallet sold another 800 billion BONK valued at about $2.48 million on July 18. The latest transaction reduced the remaining balance to 2.4 trillion BONK, worth approximately $6.94 million. Previously, Lookonchain reported that the same wallet deposited 1.19 trillion BONK, valued at about $4.11 million, into Binance. At that time, the wallet still controlled 3.2 trillion BONK worth roughly $10.85 million. The treasury incident began on July 6 after a malicious governance proposal enabled the removal of 4.426 trillion BONK. BONK later confirmed the exploit, while security analysts attributed the incident to a security weakness within the project. Meanwhile, additional blockchain activity kept the wallet under close observation. Two transfers totaling about 800 billion BONK, valued at $2.73 million, reached the same Binance deposit address on July 16. However, those transfers alone did not confirm the tokens were sold. Spot Flows Show Selling Pressure Spot flow data reflected heavy selling between July 6 and July 9. Consecutive negative netflow readings reached nearly negative $400,000, while several others ranged between negative $100,000 and negative $300,000. Although inflows briefly climbed near positive $250,000 on July 8, they failed to offset continued selling. Consequently, BONK's price continued moving lower throughout that period. Source: Coinglass From July 10 through July 15, inflows and outflows alternated more evenly. Positive readings frequently reached between $100,000 and $200,000, while recurring outflows limited price movement. Buying Activity Increases While Price Remains Weak The largest positive netflow appeared on July 16 and approached $380,000. Another inflow near $230,000 followed shortly afterward. However, BONK continued declining despite the stronger buying activity.  Large outflows, including one near negative $320,000 on July 17, maintained downward pressure. Toward July 18, positive netflows became more frequent, with several inflows ranging between $50,000 and $200,000.  During the same period, BONK's price stabilized near its lowest level within the observed timeframe, while the latest Lookonchain update confirmed continued sales from the treasury drainer. The post BONK Drops 40% as Treasury Drainer Sells Another $2.48M appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

BONK Drops 40% as Treasury Drainer Sells Another $2.48M

The BONK treasury drainer sold another 800 billion tokens worth about $2.48 million on July 18.
BONK has declined 40% since the July 6 treasury exploit, while the wallet still holds 2.4 trillion tokens.
Continued token sales and persistent outflows have kept downward pressure on BONK's price.
BONK extended its decline after the wallet that legally drained 4.426 trillion BONK from the treasury sold another 800 billion tokens. According to Lookonchain, the latest sale occurred on July 18, while the token has fallen 40% since the July 6 treasury incident. The wallet still holds 2.4 trillion BONK worth about $6.94 million, keeping attention on future token movements.
Treasury Wallet Continues Moving BONK
According to Lookonchain, the wallet sold another 800 billion BONK valued at about $2.48 million on July 18. The latest transaction reduced the remaining balance to 2.4 trillion BONK, worth approximately $6.94 million.
Previously, Lookonchain reported that the same wallet deposited 1.19 trillion BONK, valued at about $4.11 million, into Binance. At that time, the wallet still controlled 3.2 trillion BONK worth roughly $10.85 million.
The treasury incident began on July 6 after a malicious governance proposal enabled the removal of 4.426 trillion BONK. BONK later confirmed the exploit, while security analysts attributed the incident to a security weakness within the project.
Meanwhile, additional blockchain activity kept the wallet under close observation. Two transfers totaling about 800 billion BONK, valued at $2.73 million, reached the same Binance deposit address on July 16. However, those transfers alone did not confirm the tokens were sold.
Spot Flows Show Selling Pressure
Spot flow data reflected heavy selling between July 6 and July 9. Consecutive negative netflow readings reached nearly negative $400,000, while several others ranged between negative $100,000 and negative $300,000.
Although inflows briefly climbed near positive $250,000 on July 8, they failed to offset continued selling. Consequently, BONK's price continued moving lower throughout that period.
Source: Coinglass
From July 10 through July 15, inflows and outflows alternated more evenly. Positive readings frequently reached between $100,000 and $200,000, while recurring outflows limited price movement.
Buying Activity Increases While Price Remains Weak
The largest positive netflow appeared on July 16 and approached $380,000. Another inflow near $230,000 followed shortly afterward. However, BONK continued declining despite the stronger buying activity.
Large outflows, including one near negative $320,000 on July 17, maintained downward pressure. Toward July 18, positive netflows became more frequent, with several inflows ranging between $50,000 and $200,000.
During the same period, BONK's price stabilized near its lowest level within the observed timeframe, while the latest Lookonchain update confirmed continued sales from the treasury drainer.
The post BONK Drops 40% as Treasury Drainer Sells Another $2.48M appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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Senate Unanimously Opposes SBF Presidential PardonThe Senate unanimously adopted a resolution opposing any presidential pardon for Sam Bankman-Fried. The bipartisan measure is nonbinding and does not limit the president's constitutional clemency authority. Bankman-Fried's clemency request remains pending despite broad Senate opposition. The U.S. Senate unanimously approved a resolution opposing any presidential pardon or commutation for former FTX CEO Sam Bankman-Fried. According to journalist Eleanor Terrett, senators adopted the measure by unanimous consent after Senators Ruben Gallego and Cynthia Lummis introduced the resolution. The action followed Bankman-Fried's request for executive clemency submitted in June. Resolution Records Senate Position The approved measure, S. Res. 772, states that Samuel Bankman-Fried should not receive executive clemency under any circumstances. It also reaffirms the Senate's commitment to the rule of law and the integrity of the U.S. financial system. According to Terrett, the resolution does not carry legal force. Instead, it places the Senate on record opposing a pardon while leaving presidential authority unchanged. Unlike legislation, a simple Senate resolution does not require House approval or the president's signature. Therefore, it cannot prevent a future president from granting clemency. Bipartisan Support Backs the Measure Senator Ruben Gallego introduced the resolution on June 17, while Senator Cynthia Lummis joined as a cosponsor. Later, Senator Bernie Moreno also added his support to the bipartisan measure. The Senate approved the resolution through unanimous consent, meaning no senator objected to its passage. According to Senate procedures, that process allowed the chamber to adopt the resolution without a recorded vote. Bankman-Fried sought executive clemency from President Donald Trump in June. His request remains listed as pending in Department of Justice records. Conviction Remains at Center of Debate Bankman-Fried received a 25-year federal prison sentence in March 2024. A jury previously convicted him on fraud and conspiracy charges tied to FTX's 2022 collapse. Meanwhile, prediction market activity reflects limited expectations for executive action. According to the provided information, Polymarket traders assign less than a 1% chance that Trump will pardon Bankman-Fried before July 31. The prediction market has generated more than $734,000 in trading volume. However, according to Terrett, the Senate resolution remains a political statement rather than a legally binding restriction on presidential clemency. The post Senate Unanimously Opposes SBF Presidential Pardon appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Senate Unanimously Opposes SBF Presidential Pardon

The Senate unanimously adopted a resolution opposing any presidential pardon for Sam Bankman-Fried.
The bipartisan measure is nonbinding and does not limit the president's constitutional clemency authority.
Bankman-Fried's clemency request remains pending despite broad Senate opposition.
The U.S. Senate unanimously approved a resolution opposing any presidential pardon or commutation for former FTX CEO Sam Bankman-Fried. According to journalist Eleanor Terrett, senators adopted the measure by unanimous consent after Senators Ruben Gallego and Cynthia Lummis introduced the resolution. The action followed Bankman-Fried's request for executive clemency submitted in June.
Resolution Records Senate Position
The approved measure, S. Res. 772, states that Samuel Bankman-Fried should not receive executive clemency under any circumstances. It also reaffirms the Senate's commitment to the rule of law and the integrity of the U.S. financial system.
According to Terrett, the resolution does not carry legal force. Instead, it places the Senate on record opposing a pardon while leaving presidential authority unchanged.
Unlike legislation, a simple Senate resolution does not require House approval or the president's signature. Therefore, it cannot prevent a future president from granting clemency.
Bipartisan Support Backs the Measure
Senator Ruben Gallego introduced the resolution on June 17, while Senator Cynthia Lummis joined as a cosponsor. Later, Senator Bernie Moreno also added his support to the bipartisan measure.
The Senate approved the resolution through unanimous consent, meaning no senator objected to its passage. According to Senate procedures, that process allowed the chamber to adopt the resolution without a recorded vote.
Bankman-Fried sought executive clemency from President Donald Trump in June. His request remains listed as pending in Department of Justice records.
Conviction Remains at Center of Debate
Bankman-Fried received a 25-year federal prison sentence in March 2024. A jury previously convicted him on fraud and conspiracy charges tied to FTX's 2022 collapse.
Meanwhile, prediction market activity reflects limited expectations for executive action. According to the provided information, Polymarket traders assign less than a 1% chance that Trump will pardon Bankman-Fried before July 31.
The prediction market has generated more than $734,000 in trading volume. However, according to Terrett, the Senate resolution remains a political statement rather than a legally binding restriction on presidential clemency.
The post Senate Unanimously Opposes SBF Presidential Pardon appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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Morpho Details Midnight Launch Rollout PlanMorpho Midnight will launch gradually with limited features to prioritize security and protocol stability. The rollout starts on Base using a cbBTC/USDC market with participation limited to direct lenders and borrowers. Future updates will add cross-chain support, vault adapters, auto-rolling, and advanced lending features. Morpho will publicly launch its new onchain lending protocol, Morpho Midnight, in the coming days after several months of beta testing. According to Morpho cofounder and CEO Paul Frambot, the rollout will begin with limited functionality and participation to prioritize security while introducing a market-based lending model. Base builder Jesse Pollak also commented that "Morpho Midnight is going to be a big deal." Launch Begins With Limited Functionality According to Frambot, Morpho Midnight shifts responsibility for risk, loan terms, and rates from the protocol to the market. He said earlier lending protocols handled those functions directly, while Morpho Blue transferred risk management to vault curators. However, Midnight extends that approach by allowing market participants to determine risk, duration, and pricing. Frambot said this structure targets institutional users and consumer fintech firms entering onchain lending. Security remains the project's first priority during launch. Therefore, Frambot said Morpho completed months of reviews, formal verification, multiple audits, and an audit competition before deployment. Even so, the protocol will launch gradually. Initially, users will not have access to auto-rolling, callbacks, cross-chain support, vault adapters, cross-collateral features, or advanced routing. Initial Market Focuses on Base The rollout will begin with a single market on the Base network. According to Frambot, the launch market will use the existing cbBTC/USDC Morpho Blue market with multiple loan maturities. Participation will remain limited to direct lenders and borrowers during the early phase. Additionally, the vault adapter will not launch immediately despite available liquidity from Morpho Vaults. However, multi-market offers will operate from the first day. That feature allows users to provide liquidity across multiple isolated markets without creating fragmentation. More Features Planned After Rollout Frambot said Morpho plans to expand Midnight with additional markets, collateral assets, loan assets, and blockchain networks. Future updates also include portfolio markets, cross-collateral lending, and the vault adapter. The roadmap further includes auto-rolling, callbacks, APIs, SDKs, secondary markets, and programmable gates. According to Frambot, those additions will arrive progressively after launch as the protocol rollout continues. The post Morpho Details Midnight Launch Rollout Plan appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Morpho Details Midnight Launch Rollout Plan

Morpho Midnight will launch gradually with limited features to prioritize security and protocol stability.
The rollout starts on Base using a cbBTC/USDC market with participation limited to direct lenders and borrowers.
Future updates will add cross-chain support, vault adapters, auto-rolling, and advanced lending features.
Morpho will publicly launch its new onchain lending protocol, Morpho Midnight, in the coming days after several months of beta testing. According to Morpho cofounder and CEO Paul Frambot, the rollout will begin with limited functionality and participation to prioritize security while introducing a market-based lending model. Base builder Jesse Pollak also commented that "Morpho Midnight is going to be a big deal."
Launch Begins With Limited Functionality
According to Frambot, Morpho Midnight shifts responsibility for risk, loan terms, and rates from the protocol to the market. He said earlier lending protocols handled those functions directly, while Morpho Blue transferred risk management to vault curators.
However, Midnight extends that approach by allowing market participants to determine risk, duration, and pricing. Frambot said this structure targets institutional users and consumer fintech firms entering onchain lending.
Security remains the project's first priority during launch. Therefore, Frambot said Morpho completed months of reviews, formal verification, multiple audits, and an audit competition before deployment.
Even so, the protocol will launch gradually. Initially, users will not have access to auto-rolling, callbacks, cross-chain support, vault adapters, cross-collateral features, or advanced routing.
Initial Market Focuses on Base
The rollout will begin with a single market on the Base network. According to Frambot, the launch market will use the existing cbBTC/USDC Morpho Blue market with multiple loan maturities.
Participation will remain limited to direct lenders and borrowers during the early phase. Additionally, the vault adapter will not launch immediately despite available liquidity from Morpho Vaults.
However, multi-market offers will operate from the first day. That feature allows users to provide liquidity across multiple isolated markets without creating fragmentation.
More Features Planned After Rollout
Frambot said Morpho plans to expand Midnight with additional markets, collateral assets, loan assets, and blockchain networks. Future updates also include portfolio markets, cross-collateral lending, and the vault adapter.
The roadmap further includes auto-rolling, callbacks, APIs, SDKs, secondary markets, and programmable gates. According to Frambot, those additions will arrive progressively after launch as the protocol rollout continues.
The post Morpho Details Midnight Launch Rollout Plan appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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CFTC Ends Part 20 Swap Reporting RulesThe CFTC eliminated daily and event-based Part 20 reporting for physical commodity swaps. Recordkeeping requirements remain, with firms required to provide data through special calls if requested. The Commission said existing swap reporting systems now provide sufficient market oversight and transparency. The Commodity Futures Trading Commission (CFTC) issued a final order ending routine position-reporting requirements under Part 20 for physical commodity swaps. The order removes daily and event-based reporting obligations for clearing organizations, clearing members, and swap dealers. According to the CFTC, the change takes effect upon publication in the Federal Register. Order Removes Routine Reporting Requirements According to the CFTC, entities covered under Part 20 will no longer submit daily position reports. They also will stop filing event-based reports previously required under the regulation. The Commission issued the order under Section 20.9, the sunset provision included when Part 20 took effect in 2011. At that time, the rule served as a temporary reporting measure for physical commodity swaps. However, the CFTC said its broader swap reporting framework has since expanded. It pointed to registered swap data repositories under Part 49 and reporting requirements in Parts 43 and 45. The agency also referenced position limits established under Part 150. According to the Commission, those systems now provide the reporting structure needed for market oversight. Recordkeeping Requirements Remain in Place Although the reporting rules will end, the CFTC will keep certain provisions during a transition period. Notably, reporting entities must continue maintaining records of paired swap and swaption transactions. They also must preserve records covering futures-equivalent conversion methods. Additionally, entities must provide those records if the Commission issues an appropriately scoped special call. The CFTC said these remaining requirements will help maintain access to relevant market information. However, the agency did not announce changes to the special-call process. Selig Says Order Reduces Unnecessary Burden CFTC Chairman Michael S. Selig said market participants should not face costly reporting obligations that fail to improve regulatory quality. According to Selig, the final order removes significant and unnecessary compliance burdens. He also said the Commission will continue accessing the position information needed to oversee commodity markets. According to the CFTC, eliminating routine reports will not reduce its ability to obtain necessary data through its existing reporting framework and retained recordkeeping requirements. The post CFTC Ends Part 20 Swap Reporting Rules appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

CFTC Ends Part 20 Swap Reporting Rules

The CFTC eliminated daily and event-based Part 20 reporting for physical commodity swaps.
Recordkeeping requirements remain, with firms required to provide data through special calls if requested.
The Commission said existing swap reporting systems now provide sufficient market oversight and transparency.
The Commodity Futures Trading Commission (CFTC) issued a final order ending routine position-reporting requirements under Part 20 for physical commodity swaps. The order removes daily and event-based reporting obligations for clearing organizations, clearing members, and swap dealers. According to the CFTC, the change takes effect upon publication in the Federal Register.
Order Removes Routine Reporting Requirements
According to the CFTC, entities covered under Part 20 will no longer submit daily position reports. They also will stop filing event-based reports previously required under the regulation.
The Commission issued the order under Section 20.9, the sunset provision included when Part 20 took effect in 2011. At that time, the rule served as a temporary reporting measure for physical commodity swaps.
However, the CFTC said its broader swap reporting framework has since expanded. It pointed to registered swap data repositories under Part 49 and reporting requirements in Parts 43 and 45.
The agency also referenced position limits established under Part 150. According to the Commission, those systems now provide the reporting structure needed for market oversight.
Recordkeeping Requirements Remain in Place
Although the reporting rules will end, the CFTC will keep certain provisions during a transition period. Notably, reporting entities must continue maintaining records of paired swap and swaption transactions.
They also must preserve records covering futures-equivalent conversion methods. Additionally, entities must provide those records if the Commission issues an appropriately scoped special call.
The CFTC said these remaining requirements will help maintain access to relevant market information. However, the agency did not announce changes to the special-call process.
Selig Says Order Reduces Unnecessary Burden
CFTC Chairman Michael S. Selig said market participants should not face costly reporting obligations that fail to improve regulatory quality. According to Selig, the final order removes significant and unnecessary compliance burdens.
He also said the Commission will continue accessing the position information needed to oversee commodity markets. According to the CFTC, eliminating routine reports will not reduce its ability to obtain necessary data through its existing reporting framework and retained recordkeeping requirements.
The post CFTC Ends Part 20 Swap Reporting Rules appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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FTX Sets July 31 Date for $900M Creditor PayoutFTX's fifth distribution will pay about $900 million to eligible creditors beginning July 31. Customer entitlement claims will reach 105% recoveries, while Convenience Claims will total 120%. Eligible creditors should receive payments through BitGo, Kraken, or Payoneer within three business days. FTX announced it will begin distributing about $900 million to eligible creditors on July 31 under its Chapter 11 reorganization plan. The fifth payout covers approved Convenience and Non-Convenience claims that completed required pre-distribution steps by the June 16 record date. Eligible creditors should receive funds through their selected provider within three business days. Distribution Covers Multiple Claim Classes According to FTX, eligible creditors selected BitGo, Kraken, or Payoneer to receive distributions. Customers who completed onboarding directed FTX to send payments directly to those providers. The company said Allowed Class 5A Dotcom Customer Entitlement Claims will receive an additional 9%. Consequently, cumulative recoveries for those claims will reach 105%. Meanwhile, Allowed Class 5B U.S. Customer Entitlement Claims will receive another 5%.  Their cumulative distributions will also reach 105%. General Unsecured Claims and Digital Asset Loan Claims will each receive an additional 3%. As a result, cumulative recoveries for both classes will increase to 103%. Convenience Claims will reach cumulative distributions of 120%. Notably, the Convenience Class generally includes retail customers and smaller creditors. Preferred Equity Holders Receive Second Payment Alongside creditor distributions, FTX confirmed a second payment for eligible Preferred Equity Holders on July 31. The payment follows the Preferred Shareholder Agreement and the approved reorganization plan. The company will distribute $18 million through the Preferred Shareholder Remission Fund Trust. That payment will raise total distributions from the trust to $95 million. To qualify for future payments, eligible holders must complete ownership certification, identity verification, tax documentation, and onboarding requirements. Institutions must use BitGo, while individuals must onboard through Payoneer. Estate Outlines Payment Process FTX said subsequent record dates and payment dates will be announced later. Meanwhile, creditors meeting the June 16 record date should receive funds within one to three business days after July 31. The estate said customers who selected a distribution provider permanently waived direct cash payments from FTX. Instead, the company will transfer approved distributions directly to the chosen provider. According to the announcement, the fifth distribution increases total announced repayments to nearly $10 billion since creditor distributions began. However, approved claims continue using U.S. dollar values established during the company's 2022 bankruptcy process. The post FTX Sets July 31 Date for $900M Creditor Payout appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

FTX Sets July 31 Date for $900M Creditor Payout

FTX's fifth distribution will pay about $900 million to eligible creditors beginning July 31.
Customer entitlement claims will reach 105% recoveries, while Convenience Claims will total 120%.
Eligible creditors should receive payments through BitGo, Kraken, or Payoneer within three business days.
FTX announced it will begin distributing about $900 million to eligible creditors on July 31 under its Chapter 11 reorganization plan. The fifth payout covers approved Convenience and Non-Convenience claims that completed required pre-distribution steps by the June 16 record date. Eligible creditors should receive funds through their selected provider within three business days.
Distribution Covers Multiple Claim Classes
According to FTX, eligible creditors selected BitGo, Kraken, or Payoneer to receive distributions. Customers who completed onboarding directed FTX to send payments directly to those providers.
The company said Allowed Class 5A Dotcom Customer Entitlement Claims will receive an additional 9%. Consequently, cumulative recoveries for those claims will reach 105%. Meanwhile, Allowed Class 5B U.S. Customer Entitlement Claims will receive another 5%.
Their cumulative distributions will also reach 105%. General Unsecured Claims and Digital Asset Loan Claims will each receive an additional 3%. As a result, cumulative recoveries for both classes will increase to 103%.
Convenience Claims will reach cumulative distributions of 120%. Notably, the Convenience Class generally includes retail customers and smaller creditors.
Preferred Equity Holders Receive Second Payment
Alongside creditor distributions, FTX confirmed a second payment for eligible Preferred Equity Holders on July 31. The payment follows the Preferred Shareholder Agreement and the approved reorganization plan.
The company will distribute $18 million through the Preferred Shareholder Remission Fund Trust. That payment will raise total distributions from the trust to $95 million.
To qualify for future payments, eligible holders must complete ownership certification, identity verification, tax documentation, and onboarding requirements. Institutions must use BitGo, while individuals must onboard through Payoneer.
Estate Outlines Payment Process
FTX said subsequent record dates and payment dates will be announced later. Meanwhile, creditors meeting the June 16 record date should receive funds within one to three business days after July 31.
The estate said customers who selected a distribution provider permanently waived direct cash payments from FTX. Instead, the company will transfer approved distributions directly to the chosen provider.
According to the announcement, the fifth distribution increases total announced repayments to nearly $10 billion since creditor distributions began. However, approved claims continue using U.S. dollar values established during the company's 2022 bankruptcy process.
The post FTX Sets July 31 Date for $900M Creditor Payout appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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France Orders ISPs to Block Polymarket WebsiteFrance's gambling regulator ordered ISPs to block Polymarket for offering unauthorized betting services. Authorities cited gambling losses, insider information concerns, and potential market manipulation risks. The move reflects growing global regulatory scrutiny of prediction market platforms like Polymarket and Kalshi. France has moved to block access to Polymarket after the country's National Gambling Authority (ANJ) ordered internet service providers to restrict the platform on July 16. According to Reuters, the regulator said Polymarket offers unauthorized gambling services, exposes users to significant losses, and operates markets that could face manipulation risks. The order was announced by ANJ on Friday. Regulator Cites Gambling and Manipulation Concerns According to ANJ, Polymarket attracts a large audience while offering gambling and betting services that do not comply with French law. Therefore, the regulator directed internet service providers to block access to the website. A spokesperson told Reuters the restriction will remain in place until authorities determine the platform complies with France's gambling regulations. However, Polymarket did not immediately respond to Reuters' request for comment. The regulator also raised concerns about specific prediction markets. Notably, it cited weather-related wagers and said some participants may have relied on insider information when placing bets. ANJ added that certain markets could expose users to significant gambling losses. It also warned that some contracts may carry manipulation risks. Oversight Expands Across Prediction Markets The French action follows similar regulatory measures in other jurisdictions. According to Reuters, Spain temporarily blocked Polymarket and rival Kalshi from operating in May. Meanwhile, the U.S. Commodity Futures Trading Commission released draft regulations for the prediction markets industry in June. The proposal marked another step in expanding oversight of the sector. Polymarket and Kalshi allow users to trade contracts tied to sports, elections, weather, and geopolitical events, including the wars in Iran and Ukraine. Reuters Details Industry Growth Reuters reported that lawmakers have increasingly questioned prediction market contracts that lack a clear economic purpose. They have also called for tighter oversight of products they consider harmful to the public interest. The report added that regulators continue reviewing how these platforms operate under existing gambling and financial rules. As scrutiny grows, authorities have expanded their focus across multiple jurisdictions. Separately, Reuters reported last month, citing a source familiar with the matter, that Polymarket's annualized revenue has surpassed $1 billion. The source did not provide additional financial details. The post France Orders ISPs to Block Polymarket Website appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

France Orders ISPs to Block Polymarket Website

France's gambling regulator ordered ISPs to block Polymarket for offering unauthorized betting services.
Authorities cited gambling losses, insider information concerns, and potential market manipulation risks.
The move reflects growing global regulatory scrutiny of prediction market platforms like Polymarket and Kalshi.
France has moved to block access to Polymarket after the country's National Gambling Authority (ANJ) ordered internet service providers to restrict the platform on July 16. According to Reuters, the regulator said Polymarket offers unauthorized gambling services, exposes users to significant losses, and operates markets that could face manipulation risks. The order was announced by ANJ on Friday.
Regulator Cites Gambling and Manipulation Concerns
According to ANJ, Polymarket attracts a large audience while offering gambling and betting services that do not comply with French law. Therefore, the regulator directed internet service providers to block access to the website.
A spokesperson told Reuters the restriction will remain in place until authorities determine the platform complies with France's gambling regulations. However, Polymarket did not immediately respond to Reuters' request for comment.
The regulator also raised concerns about specific prediction markets. Notably, it cited weather-related wagers and said some participants may have relied on insider information when placing bets.
ANJ added that certain markets could expose users to significant gambling losses. It also warned that some contracts may carry manipulation risks.
Oversight Expands Across Prediction Markets
The French action follows similar regulatory measures in other jurisdictions. According to Reuters, Spain temporarily blocked Polymarket and rival Kalshi from operating in May.
Meanwhile, the U.S. Commodity Futures Trading Commission released draft regulations for the prediction markets industry in June. The proposal marked another step in expanding oversight of the sector.
Polymarket and Kalshi allow users to trade contracts tied to sports, elections, weather, and geopolitical events, including the wars in Iran and Ukraine.
Reuters Details Industry Growth
Reuters reported that lawmakers have increasingly questioned prediction market contracts that lack a clear economic purpose. They have also called for tighter oversight of products they consider harmful to the public interest.
The report added that regulators continue reviewing how these platforms operate under existing gambling and financial rules. As scrutiny grows, authorities have expanded their focus across multiple jurisdictions.
Separately, Reuters reported last month, citing a source familiar with the matter, that Polymarket's annualized revenue has surpassed $1 billion. The source did not provide additional financial details.
The post France Orders ISPs to Block Polymarket Website appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Article
Patrick McHenry Backs Clarity Act as Crypto Vote NearsPatrick McHenry compared the Clarity Act to the Telecommunications Act of 1996 for its forward-looking approach. He said the bill would establish clear digital asset rules while strengthening consumer and investor protections. McHenry argued bipartisan support is key as the U.S. advances crypto market structure legislation. According to a16z Crypto, former House Financial Services Committee Chair Patrick McHenry urged Congress to pass the Clarity Act as lawmakers continue advancing crypto market structure legislation in the United States. McHenry compared the proposal to the Telecommunications Act of 1996 and said Congress now has an opportunity to establish rules for digital assets before future challenges emerge. McHenry Compares Bill to Landmark Telecom Law According to McHenry, the Clarity Act represents the largest forward-looking financial policy effort in decades. He said the proposal resembles the Telecommunications Act of 1996 because lawmakers developed both measures through bipartisan cooperation across multiple congressional committees. He also contrasted the bill with legislation passed after the 2008 financial crisis. Notably, he said previous reforms mainly addressed past financial problems instead of preparing markets for new technologies. McHenry added that Congress now has an opportunity to pass comprehensive financial legislation without responding to a crisis. He said that approach differs from measures enacted after major economic disruptions. Calls For Clear Rules Instead of Uncertainty McHenry rejected claims that existing securities laws already provide enough guidance for digital assets. He also disputed arguments suggesting the crypto industry prefers operating without regulation. Instead, he said businesses have consistently requested clear operating rules. According to McHenry, entrepreneurs build with greater confidence when legal boundaries remain well defined. He also pointed to the internet's growth after regulatory frameworks established protections for users and investors. However, he said decentralized technologies first require a clear legal framework before broader development can continue. Bipartisan Backing Remains Central Focus McHenry said the Clarity Act would establish consumer and investor protections while giving law enforcement agencies tools to pursue criminal activity. He also said the legislation would reduce uncertainty surrounding business development. Meanwhile, he highlighted recent congressional action on digital assets. According to McHenry, the GENIUS Act regulating stablecoins passed both chambers with bipartisan support, while several crypto market structure bills also attracted lawmakers from both parties. He added that members of Congress recognize digital assets will remain part of financial markets. Finally, McHenry said countries continue advancing their own regulatory frameworks as Congress considers the Clarity Act. The post Patrick McHenry Backs Clarity Act as Crypto Vote Nears appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Patrick McHenry Backs Clarity Act as Crypto Vote Nears

Patrick McHenry compared the Clarity Act to the Telecommunications Act of 1996 for its forward-looking approach.
He said the bill would establish clear digital asset rules while strengthening consumer and investor protections.
McHenry argued bipartisan support is key as the U.S. advances crypto market structure legislation.
According to a16z Crypto, former House Financial Services Committee Chair Patrick McHenry urged Congress to pass the Clarity Act as lawmakers continue advancing crypto market structure legislation in the United States. McHenry compared the proposal to the Telecommunications Act of 1996 and said Congress now has an opportunity to establish rules for digital assets before future challenges emerge.
McHenry Compares Bill to Landmark Telecom Law
According to McHenry, the Clarity Act represents the largest forward-looking financial policy effort in decades. He said the proposal resembles the Telecommunications Act of 1996 because lawmakers developed both measures through bipartisan cooperation across multiple congressional committees.
He also contrasted the bill with legislation passed after the 2008 financial crisis. Notably, he said previous reforms mainly addressed past financial problems instead of preparing markets for new technologies.
McHenry added that Congress now has an opportunity to pass comprehensive financial legislation without responding to a crisis. He said that approach differs from measures enacted after major economic disruptions.
Calls For Clear Rules Instead of Uncertainty
McHenry rejected claims that existing securities laws already provide enough guidance for digital assets. He also disputed arguments suggesting the crypto industry prefers operating without regulation.
Instead, he said businesses have consistently requested clear operating rules. According to McHenry, entrepreneurs build with greater confidence when legal boundaries remain well defined.
He also pointed to the internet's growth after regulatory frameworks established protections for users and investors. However, he said decentralized technologies first require a clear legal framework before broader development can continue.
Bipartisan Backing Remains Central Focus
McHenry said the Clarity Act would establish consumer and investor protections while giving law enforcement agencies tools to pursue criminal activity. He also said the legislation would reduce uncertainty surrounding business development.
Meanwhile, he highlighted recent congressional action on digital assets. According to McHenry, the GENIUS Act regulating stablecoins passed both chambers with bipartisan support, while several crypto market structure bills also attracted lawmakers from both parties.
He added that members of Congress recognize digital assets will remain part of financial markets. Finally, McHenry said countries continue advancing their own regulatory frameworks as Congress considers the Clarity Act.
The post Patrick McHenry Backs Clarity Act as Crypto Vote Nears appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Article
BAR Price Outlook Strengthens After 5.5x Volume SpikeBAR recorded a 5.5x buying volume surge, keeping traders focused on whether accumulation continues above key technical support levels. The breakout is intact as traders await for the market to take the next direction with the resistance at $0.316 and $0.327. The bullish momentum may be losing steam if the price crosses below $0.265, which brings the focus back to the lower support zone around $0.248. BAR's price outlook is on the radar after a huge buying volume spike brought back interest in the FC Barcelona Fan Token. Market participants continue watching support and resistance zones as momentum tests the strength of the recent breakout. Unusual Volume Draws Attention to BAR A recent post from @Finora_EN reported a 5.5x increase in buying volume. The update described the activity as possible smart money accumulation.It pointed out the difference between the movement and a retail-driven one. Source: X The 15-minute chart below illustrates a dramatic breakout from extended range of consolidation. Price accelerated after leaving the $0.275 region. The advance briefly reached the $0.345-$0.350 resistance area. Heavy profit-taking followed the rapid climb. Even so, sellers failed to erase the entire breakout. Buyers continued defending higher levels throughout the retracement. The report suggested this behavior reflected continued demand. Strong participants appeared willing to absorb selling pressure. That kept the broader short-term structure constructive. Key Support Levels Shape the Technical Structure The report identified the $0.300-$0.303 area as immediate support. That zone previously acted as resistance before the breakout. Holding above it could preserve bullish momentum. The latest market data showed BAR trading near $0.2959 after the initial rally. Price remained above its earlier consolidation range. Trading volume also increased by more than 633% during the session. Attention now turns toward the $0.316 resistance level. A successful move above that barrier could expose $0.327. Additional buying volume would likely support that continuation. Finora also outlined a deeper demand zone between $0.285 and $0.277. That region marked the breakout origin. Traders were advised to await confirmation before considering fresh long positions. Confirmation Remains Critical for the Next Move The analysis recommended waiting for bullish confirmation before entering new trades. Bullish engulfing candles could strengthen the setup. Long lower wicks may also indicate returning demand. An example scenario targeted $0.307 as the first profit objective. Additional upside targets included $0.316 and $0.327. Protective stops were placed below the reaction swing low. The report also outlined a bearish invalidation point. A close below $0.265 with heavy selling volume would weaken the bullish structure. Focus would then shift toward support near $0.248. Another scenario involved resistance between $0.316 and $0.327. Large upper wicks combined with rising selling volume could signal distribution. Traders may then expect a temporary pullback before another directional move. The post BAR Price Outlook Strengthens After 5.5x Volume Spike appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

BAR Price Outlook Strengthens After 5.5x Volume Spike

BAR recorded a 5.5x buying volume surge, keeping traders focused on whether accumulation continues above key technical support levels.
The breakout is intact as traders await for the market to take the next direction with the resistance at $0.316 and $0.327.
The bullish momentum may be losing steam if the price crosses below $0.265, which brings the focus back to the lower support zone around $0.248.
BAR's price outlook is on the radar after a huge buying volume spike brought back interest in the FC Barcelona Fan Token. Market participants continue watching support and resistance zones as momentum tests the strength of the recent breakout.
Unusual Volume Draws Attention to BAR
A recent post from @Finora_EN reported a 5.5x increase in buying volume. The update described the activity as possible smart money accumulation.It pointed out the difference between the movement and a retail-driven one.
Source: X
The 15-minute chart below illustrates a dramatic breakout from extended range of consolidation. Price accelerated after leaving the $0.275 region. The advance briefly reached the $0.345-$0.350 resistance area.
Heavy profit-taking followed the rapid climb. Even so, sellers failed to erase the entire breakout. Buyers continued defending higher levels throughout the retracement.
The report suggested this behavior reflected continued demand. Strong participants appeared willing to absorb selling pressure. That kept the broader short-term structure constructive.
Key Support Levels Shape the Technical Structure
The report identified the $0.300-$0.303 area as immediate support. That zone previously acted as resistance before the breakout. Holding above it could preserve bullish momentum.
The latest market data showed BAR trading near $0.2959 after the initial rally. Price remained above its earlier consolidation range. Trading volume also increased by more than 633% during the session.
Attention now turns toward the $0.316 resistance level. A successful move above that barrier could expose $0.327. Additional buying volume would likely support that continuation.
Finora also outlined a deeper demand zone between $0.285 and $0.277. That region marked the breakout origin. Traders were advised to await confirmation before considering fresh long positions.
Confirmation Remains Critical for the Next Move
The analysis recommended waiting for bullish confirmation before entering new trades. Bullish engulfing candles could strengthen the setup. Long lower wicks may also indicate returning demand.
An example scenario targeted $0.307 as the first profit objective. Additional upside targets included $0.316 and $0.327. Protective stops were placed below the reaction swing low.
The report also outlined a bearish invalidation point. A close below $0.265 with heavy selling volume would weaken the bullish structure. Focus would then shift toward support near $0.248.
Another scenario involved resistance between $0.316 and $0.327. Large upper wicks combined with rising selling volume could signal distribution. Traders may then expect a temporary pullback before another directional move.
The post BAR Price Outlook Strengthens After 5.5x Volume Spike appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Article
Crypto ETF Inflows Reach $163M as Bitcoin LeadsBitcoin ETFs absorbed $107.80 million, equivalent to nearly four days of newly mined supply during the latest institutional buying session. Ethereum attracted $53.83 million, while HYPE gained $2.13 million as institutional demand remained concentrated across selected assets. Seven-day ETF flows remained volatile, but two consecutive positive sessions pointed toward renewed institutional demand across major crypto markets. Crypto ETF inflows reached $163.05 million on July 15, with Bitcoin and Ethereum attracting most institutional capital. The week was volatile with signs of strong selling and buying at the start of the latest session. Bitcoin Leads Institutional Accumulation Bitcoin ETFs saw trading of 1,666 BTC valued at around $107.80 million. The purchases were equivalent to almost 4 days worth of freshly produced bitcoins.This comparison shows how quickly institutional demand can absorb available new coins. https://twitter.com/CryptoPatel/status/2077626345815937367?s=20 BlackRock accounted for the largest portion of reported Bitcoin purchases during the session. Its ETF acquired approximately 1,250 BTC, valued near $80.82 million. Grayscale added 155 BTC, while Fidelity purchased another 261 BTC. The distribution across three major issuers provided broader support for the session's buying activity. Demand therefore extended beyond a single fund or isolated institutional participant. The combined purchases showed continued interest in regulated Bitcoin exposure. Source: Coinglass The latest seven-day flow chart adds important context to this accumulation. After heavy outflows earlier, inflows reached approximately $240 million on July 14. July 15 then maintained positive momentum with another $160.90 million entering ETF products. Ethereum Adds Strong Secondary Demand Ethereum ETFs attracted approximately 27,980 ETH during the latest reporting session. The purchases represented about $53.83 million in total value. This placed Ethereum firmly behind Bitcoin among the largest institutional beneficiaries. BlackRock again represented the dominant buyer within the reported Ethereum activity. The ETF has bought around $49.25 million worth of ETH, or roughly 25,600 of them. Grayscale has deposited approximately 2,380 ETH worth $4.58 million. The simultaneous buying of Bitcoin and Ethereum points toward concentrated demand. Capital was not simply rotating between the two largest crypto assets. Instead, institutions appeared to maintain exposure across both established ETF markets. Meanwhile, HYPE ETFs recorded inflows of approximately $2.13 million. The figure represented purchases of roughly 31,730 HYPE tokens. Although smaller than major-asset flows, HYPE stood apart among selected alternative assets. Altcoin Participation Remains Limited Solana was the only major asset showing a reported outflow during the session. Its ETFs recorded approximately 9,150 SOL in selling. The value of those withdrawals reached roughly $707,080. The remaining listed altcoins recorded no net ETF flows during the period. XRP, LINK, BNB, AVAX, DOGE, DOT, HBAR, and LTC showed zero activity. This distribution points to selective institutional positioning across the broader digital-asset market. The weekly chart also reveals considerable volatility beneath the latest recovery. Outflows reached approximately $420 million on July 13. Two consecutive positive sessions then followed, producing a sharp reversal in short-term flow momentum. However, the weekly picture remains mixed despite the latest buying strength. Earlier withdrawals still offset part of the recent inflows. Continued positive sessions would provide stronger evidence of sustained institutional accumulation across crypto markets. The July 15 data therefore presents a constructive but selective institutional landscape. Bitcoin absorbed the largest allocation, while Ethereum captured substantial secondary demand. HYPE attracted smaller buying, whereas most alternative assets remained inactive. The latest flow sequence shows renewed demand after heavy selling, but further sessions remain necessary before a durable trend becomes established. The post Crypto ETF Inflows Reach $163M as Bitcoin Leads appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Crypto ETF Inflows Reach $163M as Bitcoin Leads

Bitcoin ETFs absorbed $107.80 million, equivalent to nearly four days of newly mined supply during the latest institutional buying session.
Ethereum attracted $53.83 million, while HYPE gained $2.13 million as institutional demand remained concentrated across selected assets.
Seven-day ETF flows remained volatile, but two consecutive positive sessions pointed toward renewed institutional demand across major crypto markets.
Crypto ETF inflows reached $163.05 million on July 15, with Bitcoin and Ethereum attracting most institutional capital. The week was volatile with signs of strong selling and buying at the start of the latest session.
Bitcoin Leads Institutional Accumulation
Bitcoin ETFs saw trading of 1,666 BTC valued at around $107.80 million. The purchases were equivalent to almost 4 days worth of freshly produced bitcoins.This comparison shows how quickly institutional demand can absorb available new coins.
https://twitter.com/CryptoPatel/status/2077626345815937367?s=20
BlackRock accounted for the largest portion of reported Bitcoin purchases during the session. Its ETF acquired approximately 1,250 BTC, valued near $80.82 million. Grayscale added 155 BTC, while Fidelity purchased another 261 BTC.
The distribution across three major issuers provided broader support for the session's buying activity. Demand therefore extended beyond a single fund or isolated institutional participant. The combined purchases showed continued interest in regulated Bitcoin exposure.
Source: Coinglass
The latest seven-day flow chart adds important context to this accumulation. After heavy outflows earlier, inflows reached approximately $240 million on July 14. July 15 then maintained positive momentum with another $160.90 million entering ETF products.
Ethereum Adds Strong Secondary Demand
Ethereum ETFs attracted approximately 27,980 ETH during the latest reporting session. The purchases represented about $53.83 million in total value. This placed Ethereum firmly behind Bitcoin among the largest institutional beneficiaries.
BlackRock again represented the dominant buyer within the reported Ethereum activity. The ETF has bought around $49.25 million worth of ETH, or roughly 25,600 of them. Grayscale has deposited approximately 2,380 ETH worth $4.58 million.
The simultaneous buying of Bitcoin and Ethereum points toward concentrated demand. Capital was not simply rotating between the two largest crypto assets. Instead, institutions appeared to maintain exposure across both established ETF markets.
Meanwhile, HYPE ETFs recorded inflows of approximately $2.13 million. The figure represented purchases of roughly 31,730 HYPE tokens. Although smaller than major-asset flows, HYPE stood apart among selected alternative assets.
Altcoin Participation Remains Limited
Solana was the only major asset showing a reported outflow during the session. Its ETFs recorded approximately 9,150 SOL in selling. The value of those withdrawals reached roughly $707,080.
The remaining listed altcoins recorded no net ETF flows during the period. XRP, LINK, BNB, AVAX, DOGE, DOT, HBAR, and LTC showed zero activity. This distribution points to selective institutional positioning across the broader digital-asset market.
The weekly chart also reveals considerable volatility beneath the latest recovery. Outflows reached approximately $420 million on July 13. Two consecutive positive sessions then followed, producing a sharp reversal in short-term flow momentum.
However, the weekly picture remains mixed despite the latest buying strength. Earlier withdrawals still offset part of the recent inflows. Continued positive sessions would provide stronger evidence of sustained institutional accumulation across crypto markets.
The July 15 data therefore presents a constructive but selective institutional landscape. Bitcoin absorbed the largest allocation, while Ethereum captured substantial secondary demand. HYPE attracted smaller buying, whereas most alternative assets remained inactive. The latest flow sequence shows renewed demand after heavy selling, but further sessions remain necessary before a durable trend becomes established.
The post Crypto ETF Inflows Reach $163M as Bitcoin Leads appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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