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Do They Know Something? Whale Scoops $39M ETH During the Crash

Key Insights
Ethereum saw a massive 12.8% price crash, which was worse than Bitcoin's decline.
Despite the crash, an Ethereum whale still bought $39 million worth of ETH in a clear "buy the dip" strategy.
Mega-whales have collectively accumulated over 116,000 ETH ($263.5 million) on June 21, a
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Stablecoins Go Mainstream? These Retail Giants Are Making Bold Moves Toward Crypto Payments

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Amazon and Walmart are planning to launch their own dollar-backed stablecoins according to the Wall Street Journal.
Stablecoins are perfect for retailers like Amazon and Walmart as way to save costs that payment processors charge.
The US' GENIUS Act is on its way to creating a
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Crypto ATMs Banned? This U.S. City Says Yes After $142M Scam Surge

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The Spokane City Council has unanimously voted to ban crypto ATMs.
The ban requires existing crypto ATM operators to remove their machines within 60 days.
Officials cited an FBI report indicating that scammers stole nearly $142 million and $246 million from Washington state
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Finally! Traditional Banks Turn Bullish on Bitcoin, Recommend 7% Crypto Allocation

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BBVA, Spain's second-largest bank, is advising its wealthy clients to allocate 3-7% of their portfolios to Bitcoin and Ethereum.
This advice is rare among European banks, with most still being cautious or wary of crypto.
BBVA believes even a 3% crypto allocation can boost
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GENIUS Act Passed! First U.S. Stablecoin Framework Approved — But At What Cost?

Key Insights
The U.S. Senate passed the GENIUS Act this week with a bipartisan 68-30 vote.
This bill stands as the first federal framework for dollar-backed stablecoins.
The GENIUS Act places stablecoin regulation under the U.S. Department of the Treasury, which is a major departure from the
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Bitcoin No Longer King? Why Altcoin Treasuries Might Be Corporate Suicide

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More and more publicly traded companies are adding cryptocurrencies beyond just Bitcoin to their treasuries.
Analyst Greg Cipolaro warns that holding "consumptive commodities" like Ethereum or Solana in treasuries is riskier than Bitcoin.
"Consumptive cryptocurrencies" are
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Kidnappers Abduct TikTok Influencer, Release Him After Discovering He’s Broke

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A TikTok influencer who faked crypto wealth was kidnapped for ransom in France but released unharmed after kidnappers found his wallet empty.
This incident shows the trend of violent crypto-related crimes and kidnappings targeting individuals in France.
Flaunting wealth or
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Crypto Markets on Edge: How Incoming U.S. Economic Indicators Could Affect Bitcoin’s Next Move

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Bitcoin's short-term price direction is likely going to be affected this week by US economic indicators like retail sales, jobless claims and the FOMC interest rate decision.
Worse-than-expected retail sales or an increase in jobless claims could point to a weakening economy and co
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Ethereum Retailers Are Selling While Whales Keep Buying: What Does This Mean for ETH Price?

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Ethereum whales and sharks are massively increasing their ETH holdings while retail investors are selling off.
Large-scale holders have accumulated 1.49 million ETH ($3.79 billion) in the
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On-Chain Data Suggests Bitcoin Breakout as Investor Confidence Holds Firm

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Bitcoin has shown strength nand has recovered to around $107,000 despite political tensions from the middle east and economic uncertainty.
Bitcoin's weekly close above $104,500 established a strong technical support level, which shows an incoming upside if the $100,000 range
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Chinese Fugitive Arrested at Thai Airport for $6.15M Bitcoin Scam

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A Chinese national, identified as Mr. Tianwei, was arrested in Thailand for a $6.15 million Bitcoin fraud.
Tianwei scammed two Chinese businessmen by convincing them to transfer Bitcoin for a fake deal.
Thai authorities, acting on an arrest warrant arrested Tianwei at Don Mueang A
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Trump May Crash the US Economy — Here’s Why Crypto Will Soar

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President Trump's "One Big Beautiful Bill" budget proposal is expected to add $2.4 trillion to the U.S. national deficit over a decade.
The bill's proposed tax cuts have no corresponding spending cuts, which is likely to deepen America's debt spiral and fuel inflation.
Economic
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"If I Lose, DeFi Dies”: Tornado Cash Founder Sounds Alarm Ahead of Trial

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Tornado Cash co-founder Roman Storm is facing a July 14 trial on charges related to money laundering and sanctions violations with the DOJ.
Storm claims the DOJ is attempting to "crush" his defense. "Defi dies with me if I lose," he says.
The US government recently sanctioned Torn
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Trump Declares Trade Win With China: More Upside for Crypto?

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A US-China trade deal has been announced by Trump, pending approval from President Xi Jinping.
Bitcoin's recent price jump is linked to optimism around the trade deal. However, the rally was slowed by high tariff concerns.
The trade agreement includes a 55% tariff on Chinese
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This Nasdaq-Listed Company Wants $500M Worth of FET — Should You Be Bullish?

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Interactive Strength Inc., a Nasdaq-listed fitness equipment company, is planning a $500 million crypto treasury focused on Fetch.ai tokens.
This investment is aimed at integrating Fetch.ai's AI software agents into Interactive Strength's fitness offerings.
The initial phase of
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Altcoin Season in July? Bloomberg Says This Could Be the Ultimate Trigger

Key Insights
The SEC is expected to approve several altcoin ETFs as early as July.
Bloomberg ETF analysts expect a 90% chance of approval for basket crypto index ETFs by July 2.
Solana is believed to be the best candidate for early altcoin ETF approval.
Ethereum staking ETFs are expected to f
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Bitcoin Could Miss Its Next ATH, Say Bitfinex Analysts

Key Insights
Bitcoin is near its ATH but is lacking in strong bullish momentum while trading sideways.
Long-term holders' decisions to sell or hold will be a major factor in Bitcoin's next price phase.
The absence of a catalyst makes it more risky for a short-term Bitcoin price correction.
A
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