Live updates: Dogecoin and ether lead pullback as investors digest tech earnings
Dogecoin dropped 4.5% and ether 2.5%, leading a broad but shallow retreat across the majors, though most remain higher on the week ahead of next week’s Fed meeting.
Crypto
BitMEX Users Seek 623 BTC in Liquidation Fraud Suit
BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral. On Thursday, BKX Services Inc. and David Namdar filed the complaint in the US District Court for the Southern District of New York.… Read More
Clarity Act expected to miss its window before Congress’ summer break, leadership says
White House crypto adviser Patrick Witt responded to Thune’s remarks in an interview with CoinDesk on Thursday, arguing that the first week in August should still be open for potential Senate action. Witt said he was “perplexed” by Thune’s sentiment and that he’s “slightly more… Read More
Coinbase’s corporate customers can now accept payments from AI agents
“We are delivering that experience for the new online agentic economy,” Coelho-Prabhu said in an interview. “Agents, on one side of the transaction, will go and read the Coinbase developer docs, create a wallet for themselves, and are ready to shop. Then we empower businesses… Read More
Bitcoin consolidates below $66,000 as a 13% July recovery runs out of steam
The crypto market is consolidating on Thursday, with bitcoin BTC$65,696.15 a modest 0.62% lower since midnight UTC at $65,674 as it settles into a range between $64,000 and $66,800 that has held for the past week. The price action reflects a market catching its breath.… Read More
BTC wilts as Clarity Act odds tumble. U.S. deploys B1 bomber against Iran
Bond markets are already reacting. The U.S. two-year Treasury yield jumped to 4.31%, its highest level since February 2025, while the benchmark 10-year yield rose to 4.66%, the highest since May, according to TradingView data. Higher yields raise the opportunity cost of holding non-yielding assets… Read More