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Ark Invest Researcher Doubts Open USD Can Beat Circle After 16% Stock Drop

Circle shares fell sharply on Tuesday, after a consortium of more than 140 companies, including Visa, Mastercard, Coinbase, and Blackrock, unveiled a new stablecoin built to compete directly with USDC. The stock CRCL closed down approximately 16.5%, trading as low as $63.10 after opening near $72.46. The prior close on June 29 was $75.96. The […] from Bitcoin News https://ift.tt/nvxTS51
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Bitcoin Sinks 20% in June as Traders Dump Longs and Widen 2026 Losses to 34%

Bitcoin faced significant volatility at the end of June, sliding toward $58,000, erasing recent gains, and putting it on track for double-digit monthly losses. Bitcoin’s June Decline Bitcoin looked poised to end June with double-digit losses after it slid toward $58,000 on Tuesday. Market data shows the top cryptocurrency tumbled from over $60,000 on Monday […] from Bitcoin News https://ift.tt/Xycmoag

Flare Targets XRPL Expansion With July 6 Vote on Songbird Confidential Compute Rollout

Flare Network has scheduled a community governance vote from July 6 to July 13 to deploy Flare confidential compute on its Songbird canary network. Enhancing Cross-Chain Consensus Blockchain platform Flare has scheduled a community governance vote to deploy Flare Confidential Compute (FCC) on its Songbird canary network. The voting period will run from July 6 […] from Bitcoin News https://ift.tt/OTaxKHA

Bolivia Abandons Fixed Exchange Rate Scheme After 15 Years, Adopting a Floating Dollar System

Bolivia’s Economy Ministry recognized that the current regime had failed, as the country’s oil exports had been reduced since 2005, making it impossible to continue with the exchange regime. The exchange rate had been fixed in 2011 at nearly 7 Bolivian bolivianos. Bolivia Abandons Fixed Dollar Exchange Rate Regime, Opens To Flotation The Ministry of […] from Bitcoin News https://ift.tt/ysTf1gx

Ethereum Co-Founder Vitalik Buterin Says Cryptography’s Hardest Problem Is Still Unsolved

Ethereum co-founder Vitalik Buterin published a detailed technical breakdown on Monday, calling cryptographic obfuscation the “final boss of cryptography” and laying out why solving it would let developers build nearly any trustless protocol imaginable. What Obfuscation Actually Does Most people in crypto are familiar with encryption, which hides data in transit, and zero-knowledge proofs, which […] from Bitcoin News https://ift.tt/gq1MmQA

BNY Gives Institutions Power to Mint and Burn USDC Directly From Custody

BNY has added USDC mint and burn capabilities to its Digital Asset Custody platform, giving institutional clients a direct path between U.S. dollars and Circle’s stablecoin without leaving the bank’s infrastructure. What BNY Is Offering The bank announced the expanded relationship with Circle Internet Group on June 29, 2026. Under the new arrangement, BNY clients […] from Bitcoin News https://ift.tt/J0Dl7nR

Ripple’s CLARITY Truck Hits Washington as Congress Weighs Crypto Rules

Ripple pushed its CLARITY Act campaign through Washington with a branded truck as Senate pressure mounted over crypto market rules. Ripple Takes CLARITY Act Campaign to Washington, D.C., as Senate Vote Pressure Builds Ripple put its CLARITY Act message on wheels June 25, sending a branded truck through Washington, D.C., as Congress continued work on […] from Bitcoin News https://ift.tt/NgrBUGT