Arthur Hayes Buys ETH Above $1,900 Weeks After Selling at $1,700
TL;DR: Arthur Hayes spent roughly $2.5 million to acquire 1,293 ETH while Ethereum traded above $1,900 near a multi-week peak. In mid-June, Hayes accumulated 5,900 ETH
Latest news from: Nicholet R.
Nicholet R.
Passionate writer and blockchain enthusiast, she covers the latest developments in the cryptocurrency world with clarity and depth. At Crypto Economy, she focuses on delivering accurate, engaging, and accessible content for readers eager to stay informed about Bitcoin, DeFi, NFTs, and the constantly evolving crypto ecosystem.
Bitcoin Slips to $64K; Ethereum Pulls Back From Its Strongest Level in Six Weeks
TL;DR: Bitcoin slipped back toward $64,000 after touching $65,500 to $65,600, as profit-taking and renewed U.S.-Iran strikes reversed inflation-driven momentum. Ethereum climbed close to $1,950, its
Bitfinex: Bitcoin’s Latest Surge Lacks Real Spot Demand
TL;DR: BTC closed Tuesday at $65,086, up 4.4%, after the softest U.S. inflation print since 2020 shifted macro expectations. Spot Bitcoin ETFs lost $424.7 million on
Summer.fi Confirms Shutdown Following Major USDC Vault Exploit
TL;DR: Summer.fi will wind down operations after the July 6 Lazy Summer Protocol exploit removed the runway needed to rebuild. The Summer.fi app will remain live
Kraken Partners With Upshift to Launch Custom Institutional Crypto Vaults
TL;DR: Kraken Institutional partnered with Upshift to launch permissioned custom vaults accessible through Kraken’s qualified custody solution for eligible clients. Clients can deploy assets into curated
Lightspeed, Coinbase and Franklin Templeton Bet on New Crypto Clearing Platform
TL;DR: Glacis Labs raised $6.8 million in seed funding to expand ZeroDelta, with Lightspeed Faction leading and Franklin Templeton plus Coinbase Ventures participating. ZeroDelta supports USDC,
Securitize Teams Up with Cantor Fitzgerald for Tokenized Public Offerings
TL;DR: Securitize and Cantor Fitzgerald will collaborate to enable public companies to conduct IPOs and follow-on offerings onchain. Cantor brings equity capital markets and trading capabilities,
Pump.fun (PUMP) Soars 12% Despite a Massive Token Unlock: Here’s Why
TL;DR: PUMP traded at $0.001656, up 16.54% in 24 hours, after a July 14 unlock of roughly 57.3 billion tokens worth $82 million to $92 million.
Binance XRP Reserves Drop to February Lows as XRP Ledger Activity Shrinks to Just 300M in Daily Volume
TL;DR: Binance XRP reserves fell to about 2.61 billion tokens, their lowest level since February, while XRP rebounded near $1.11 after touching $1.06. XRP Ledger daily
Japan Formally Classifies Crypto as Financial Products Under Newly Enacted FIEA Amendments
TL;DR: Japan passed FIEA amendments classifying cryptocurrencies as financial products, moving them closer to stocks and bonds in regulation. The law adds insider trading prohibitions, issuer
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