Crypto News
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Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount
Bitcoin’s correlation with gold has reached a six-year high, Bitcoin Magazine reports, as concerns over currency debasement and confidence in the U.S. dollar shape trading in both assets.
Bitcoin Magazine
Japanese Company Sells Ethereum, Solana and XRP While Retaining $121 Million in Bitcoin
A Japanese company sold its Ethereum, Solana and XRP holdings for ¥878.8 million, while keeping $121 million in Bitcoin. Management may use the proceeds beyond cryptocurrency, leaving its portfolio Bitcoin-only.
CryptoSlate
French Hill Sees Bipartisan Route for Clarity Act Before September Vote
French Hill said Democrats and Republicans have narrowed their differences over the Clarity Act, raising the prospect of bipartisan progress before a September vote, Bitcoin Magazine reported.
Bitcoin Magazine
BIS Analysis Challenges XRP Supply-Squeeze Expectations on XRPL
A BIS-related analysis reported by CryptoSlate says one XRP Ledger transaction can authenticate thousands of datasets, allowing institutional-style usage to grow while keeping fee burns—and any resulting supply squeeze—small.
CryptoSlate
What Solana’s Failed Fee Vote Reveals About Anatoly Yakovenko’s Power
A majority supported a Solana fee reform, but the proposal failed under the network’s supermajority rule. CryptoSlate said the result left implementation authority with validators and stakers, highlighting limits on Anatoly Yakovenko’s influence.
CryptoSlate
Kraken and SoFi Connect Crypto Trading With Banking Services
Kraken and SoFi agreed to connect crypto trading with banking and payment infrastructure. The initiative follows SoFi’s bitcoin-trading launch last year and is intended to support broader digital-asset markets.
Bitcoin Magazine
ChatGPT, Claude and Grok Return After Disruptions Disrupt User Workflows
ChatGPT, Claude and Grok restored service Thursday after simultaneous disruptions halted some users’ work. Decrypt said the outages renewed questions about relying on multiple AI platforms, while providing no cause or duration details.
Decrypt
Hyperliquid Treasury Company Raises Token-Buying Target to $2.5 Billion as Share Capacity Shrinks
A Hyperliquid treasury company has raised at least $763.7 million and lifted its token-buying strategy to $2.5 billion. Filings leave up to $236.3 million before discounted share sales hit a Nasdaq cap.
CryptoSlate
Bitcoin’s Four-Year Cycle Faces a Possible Wall Street-Style Shift
Analyst Willy Woo suggests Bitcoin could be moving from its traditional four-year cycle toward a six-to-eight-year macro rhythm. Recent research, however, indicates that the established pattern may still be present.
CryptoSlate
Bitcoin Climbs Above $81,000 as Crypto-Linked Stocks Rise
Bitcoin rose above $81,000 on Thursday, while crypto-linked stocks also advanced, Bitcoin Magazine reported. The move marks another rally for bitcoin and a broader positive reaction across related equities.
Bitcoin Magazine
Standard Chartered Adds Spot Bitcoin and Ethereum Trading to Dubai FX Platform
Standard Chartered has added institutional spot trading for Bitcoin and Ethereum to its Dubai FX platform. CoinDesk reports that the cryptocurrencies are available through the bank’s existing eFX infrastructure used for dollar and euro trading.
CoinDesk
Standard Chartered Debuts Bitcoin Trading in the United Arab Emirates
Standard Chartered has launched bitcoin trading in the United Arab Emirates, Bitcoin Magazine reports. The UAE joins other markets where the bank has introduced spot bitcoin trading in recent years.
Bitcoin Magazine
FBI Used Hamas Crypto Fundraising Pipeline as a Law-Enforcement Trap
The DOJ said three 2025 warrants seized more than $560,000 from Hamas-linked crypto fundraising. Access to captured systems later enabled agents to obtain additional donations, according to CryptoSlate.
CryptoSlate
Crypto Recovery Experts Unlock Billion-Dollar Wallet, Find Only $10
Crypto recovery specialists reportedly accessed a wallet thought to be worth $1 billion, but found only $10. The case shows that restoring wallet access does not guarantee the recovery of valuable crypto assets.
Cointelegraph
Bitcoin’s next $80,000 breakout has $47 billion more profitable supply to absorb
Glassnode data shows 68% of Bitcoin’s circulating supply is profitable near $77,381, up from 65% in May. The increase represents roughly 600,000 BTC, valued at about $47 billion, that could be sold at a gain.
CryptoSlate