Shares of American Bitcoin, a mining company with backing from Eric Trump, have declined by 95% from their peak over the past year. This downward trend mirrors the performance of other cryptocurrency ventures associated with the Trump family.

🏦 Tether Invests $20M in Argentine Neobank Ualá

Tether has taken a $20 million strategic stake in Ualá, the Argentine neobank, as part of a broader $197 million funding round completed in March that valued the company at $3.2 billion.

The investment is purely financial — Ualá has confirmed no operational integration with Tether's stablecoin products is planned, citing regulatory hurdles facing banking institutions seeking to bring such assets to Latin American markets.

The move signals Tether's continued push to deepen its presence in Latin America, where stablecoin adoption has been growing steadily amid currency volatility across the region.

Source

📣 Robinhood's Blockchain Hits $400M TVL in Just 16 Days

Robinhood's new blockchain, launched on July 1, has already surpassed $400 million in total value locked (TVL) after just 16 days—an impressive start for a brand-new network.

Interestingly, most of the activity isn't coming from tokenized stocks, which many expected to be the chain's main use case. Instead, users are flocking to DeFi protocols and, of course, memecoins and other speculative tokens.

📣 The famous MEV bot "JaredFromSubway" has been exploited for over $7.5M, with some funds moved via TornadoCash.

The attacker manipulated the bot's automated MEV execution system without exploiting a smart contract bug or using phishing.

• Created fake tokens and liquidity pools that appeared profitable
• Tricked the bot into approving attacker-controlled contracts as spenders
• Initially consumed approvals to avoid detection
• Later left approvals active, giving attacker-controlled contracts access to funds
• Used the standing approvals to drain $WETH, $USDC, and $USDT via transferFrom()

Every rich man's story once started from a moment exactly like this.

China hosts the world’s first humanoid robot MMA event.

Governments: Bitcoin is a scam

Meanwhile, their fiat currencies:

🔷 Ethereum MVRV drops below 0.8 as ETH reclaims $1,800

Ethereum is showing a combination of on-chain signals that have historically appeared near major market bottoms, according to recent data.

ETH has reclaimed the $1,800 level while its MVRV ratio has dropped below 0.8 — a threshold that previously preceded significant recoveries for the asset. Spot Ethereum ETFs are also reportedly on track for a notable milestone, though full details were not available in the source. The MVRV ratio below 0.8 has historically been a rare occurrence, suggesting current holders are, on aggregate, sitting at unrealized losses.

Analysts tracking on-chain data consider MVRV compression a key indicator of potential accumulation zones, making the current confluence of signals a point of attention for market observers.

Source

⚖️ SEC targets 3 crypto rules ahead of Congress

The U.S. Securities and Exchange Commission is advancing formal rulemaking on three crypto-related areas, with proposals targeting digital asset offerings, broker-dealer custody, and trading venues — all penciled in for July 2026.

The move comes as the CLARITY Act, a landmark crypto market structure bill, remains stalled in the Senate. The SEC's timeline could allow it to establish regulatory frameworks through its own rulemaking process before Congress passes legislation.

The development signals a potential clash between agency-led regulation and the legislative approach favored by parts of the industry, with the outcome likely shaping how digital assets are classified and overseen in the U.S.

Source

South Korea's Stock market is officially in a bear market - down 30% from its high.

The cause:

- Renewed Mid East tensions
- Memory stock profit taking
- Leveraged retail

The quicker the run, the harder the fall.

❕ Global Conflict Risk Hits Highest Since 1960s

Analysts at Goldman Sachs state that the risk of a global conflict has reached its highest level since the mid-1960s. They assess this danger as greater than during the Cuban Missile Crisis, the Cold War, or after the September 11 attacks.

Experts highlight a rapid division of countries into opposing camps, with the abandonment of neutrality accelerating escalation.

The forecast emphasizes that the current situation stems not from a single military clash but from multiple geopolitical fractures expected to intensify through the end of this decade.

FTX will make its fifth creditor payment totaling around $900 million.

Creditors who completed all requirements (KYC, tax forms, and payment provider selection) by June 16 will receive payments on July 31. Funds will be sent via BitGo, Kraken, or Payoneer within 1–3 business days.

Algorithmic stablecoin Balance Coin (BLC) plunged over 99% after 42DAO hack stole $915,000.

The lessons from Terra (LUNA) remain unlearned.

Experts consulted by "Ъ FM" indicate that the Russian stock market may soon surpass the psychological threshold of 2,000 points. Multiple factors are driving this downward trajectory, with limited signs of optimism emerging. For further insights, refer to the experts' comments.

Long-term Bitcoin holders have substantially amplified their accumulation over the past month, now holding approximately 16.3 million BTC—a historic high according to CryptoQuant data.

The Federation Council has enacted legislation permitting outdoor advertising for Russian wine estates. This policy shift is designed to elevate the domestic wine sector by enhancing visibility for local winemakers, thereby supporting industry growth and market presence.

The nationalization of British Steel has notably diminished Chinese corporate confidence in investing within the United Kingdom, according to official statements from Beijing. Chinese authorities have assured that they will undertake "decisive" measures to protect the interests of their firms operating in the region.

Markets Update: Over the past week, global equity markets experienced their eighth consecutive week of capital inflows, reflecting sustained investor confidence amidst ongoing economic dynamics. Concurrently, global bond markets saw increased investment activity, signaling shifts in fixed income positioning. Conversely, a notable outflow from cash holdings was recorded, indicating a potential reallocation of liquidity within investor portfolios, as per London Stock Exchange data.

U.S. corporate insiders are engaging in unprecedented levels of stock sales, with recent activity registering as the second-fastest pace since records began over two decades ago. According to Bloomberg, insiders sold approximately $77.6 billion worth of American equities during the first half of 2026, representing a 20% year-over-year increase based on data from EPFR. This trend may signal shifts in insider confidence or liquidity strategies amid evolving market conditions. For further insights, see the original article.

In the United States, momentum stocks have experienced their most substantial monthly decline since the financial crisis.