According to Odaily, ARK Invest CEO Cathie Wood stated in a video that "we are still in a Bitcoin bull market."

The Wyoming senator revives an initiative to modernize tax regulations on digital assets, aiming to reach President Trump’s desk. source: https://atlas21.com/lummis-introduces-new-tax-relief-bill-for-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=lummis-introduces-new-tax-relief-bill-for-bitcoin

Odaily Planet Daily News According to Cointelegraph, ARK Invest CEO Cathie Wood said in a video: "We are still in a Bitcoin bull market."

According to Foresight News, Ukrainian forces have reportedly attacked key Russian military installations, including sites in Moscow and Rostov regions. Andrei Kovalenko, head of the news center for Ukraine's National Security and Defense Council, stated that the Azov Optical Mechanical Plant, a crucial facility for producing components for Russian military equipment, was among the targets. This plant manufactures essential parts for tanks, infantry fighting vehicles, naval vessels, and aviation equipment, such as sights, rangefinders, thermal imagers, and fire control systems. Previously, authorities in Moscow region reported that Ukrainian drones were used in the attacks on local facilities.

This new financial product could reshape Japan’s fixed-income market. With interest rates in Japan staying historically low, MetaPlanet plans to offer yen-denominated securities with high annual yields of 9 to 10 percent, using Bitcoin as collateral. The Problem in Japan’s Financial Market Crypto expert … source: https://coinpedia.org/news/metaplanet-to-launch-bitcoin-backed-stock-offering-10-yield-in-japan/

ترامب يمرر “القانون الضخم الجميل” برفع حد خصم ضرائب الولايات إلى 40,000 دولار أولىً، صوّت الجمهوريون في مجلس النواب يوم الخميس لصالح مشروع القانون الذي اقترحه ترامب. وعلاوة على ذلك، يشمل القانون تغييرًا في سقف الخصم الضريبي للضرائب المحلية والولائية (SALT). وتجدر الإشارة إلى أن هذا الخصم يُتاح لمن يختارون تفصيل الخصومات الضريبية source: https://www.twsiat.com/%d8%aa%d8%b1%d8%a7%d9%85%d8%a8-2/

The company announced the milestone on social media, highlighting that its increased mining power, now surpassing 57 exahashes per second […] The post Bitcoin Mining Giant MARA Hits 50,000 BTC Milestone – But Michael Saylor’s Lead Remains Untouched appeared first on Coindoo. source: https://coindoo.com/bitcoin-mining-giant-mara-hits-50000-btc-milestone-but-michael-saylors-lead-remains-untouched/

Driven by the EU’s Market in Crypto Asset Regulation (MiCAR) standards, Italy can now benefit from the provisions of investor protection, transparent practices, and stablecoin guidelines, contributing to a secure environment for crypto and other digital currencies.   As of … source: https://coinpedia.org/cryptocurrency-regulation/cryptocurrency-regulations-in-italy/

Key Takeaways:A break below $108,000 could trigger a bearish downtrend for Bitcoin, says analyst Daan Crypto Trades.Over $2.67 billion in long positions are at risk if BTC dips below six figures.Bitcoin is currently 2.5% below its all-time high of $111,970, with $110K acting as key resistance.Other analysts remain bullish, citing ETF inflows and low exchange supply.Current consolidation behavior differs from past cycles, signaling potential deviation from historical trends.Bitcoin Must Defend $108K to Avoid Bearish Spiral, Warns AnalystBitcoin’s price faces a critical inflection point, with a drop back to $108,000 potentially setting off a broader bearish trend, according to prominent analyst Daan Crypto Trades. The warning comes as Bitcoin struggles to maintain momentum near its all-time highs.“You don’t want to see this deviate back below $108K again at this point,” Daan posted on Thursday, cautioning that a failure to hold current levels could push Bitcoin below $100,000 — and possibly as low as $96,000.Bitcoin hit $110,498 before retreating to $109,250, or 2.5% below its record high of $111,970, according to CoinMarketCap.$2.67B in Longs at Risk Below Six FiguresA retracement below $100,000 would be more than symbolic. Data from CoinGlass reveals that $2.67 billion worth of long positions would be wiped out if Bitcoin breaks through six-figure support, putting leverage-heavy traders at risk.BTC hasn’t dipped under $100K since June 22, when geopolitical tensions between Israel and Iran briefly dragged it to $98,900.Mixed Views: Bullish Catalysts Still IntactDespite the caution, several analysts remain confident in Bitcoin’s upward trajectory.Miles Deutscher stated, “It’s very hard to be bearish here.”CryptoFayz suggested that a breakout above $111,960 could push BTC to $116,000.10x Research’s Markus Thielen expects that level to be reached by the end of July, citing:Strong inflows into spot Bitcoin ETFsReduced BTC exchange supplyFed policy uncertainty boosting demand for hard assetsThis Cycle’s Consolidation Patterns Are DifferentDaan noted that while Bitcoin is still grinding higher after regaining its range, the current consolidation lacks a clear breakout, making the structure more fragile.“It is still following the same pattern where it stalls, deviates below, retakes the range and then grinds higher — but it’s missing the actual breakout and continuation.”James McKay, founder of McKay Research, also flagged that these longer consolidation phases may be pulling BTC off its traditional four-year cycle track, indicating a new market structure is emerging.BTC at a CrossroadsBitcoin’s battle around the $108K–$110K zone could define its short-term trajectory. Hold above $108K, and momentum may carry it to $116K. But lose that line, and the risk of a deeper correction back into the $96K–$98K range grows sharply — putting billions in leveraged longs on the line.

According to Cointelegraph, DeFi Development Corp. experienced a significant stock surge, climbing 17% on Thursday following the announcement of its $2.7 million Solana purchase as part of its treasury strategy. This acquisition involved 17,760 Solana (SOL) tokens at an average price of $153.10 per coin, bringing the company's total Solana holdings to 640,585 SOL, valued at approximately $98 million. The company plans to hold these tokens long-term and stake them to generate yield. This move comes after DeFi Development Corp. revealed its intention to raise $112.5 million, as part of its June business update. Investors responded positively to these developments, with DeFi Development Corp.'s stock (DFDV) rising nearly 17% to $23.80 during Thursday's trading session. The stock continued its upward trajectory, increasing by another 0.8% in after-hours trading to close at $24. This marks a 30% increase from its intraday low of $18.47 on Wednesday. Year-to-date, the stock has soared by over 2,733%, although it remains 33% below its May 21 peak of $35.53. Despite these gains, the company reported a 30% year-on-year decline in net revenue for the March quarter, alongside a 15.5% drop in net profit margin. In a letter dated July 2, addressed to shareholders, DeFi Development Corp. emphasized its commitment to maintaining capital flexibility and safeguarding investors from short-term liquidation risks. The company assured that its balance sheet is structured to endure prolonged drawdowns and support long-term NAV/share durability. On Wednesday, the company announced plans to raise $112.5 million through private placements, with the offering expected to close on Monday. Of the net proceeds, $75.6 million will be allocated to fund a prepaid forward stock purchase transaction, while the remaining funds will be used for general corporate purposes, including further Solana acquisitions for its treasury.

Speaking at a central banking conference in Sintra, Portugal, Lagarde emphasized that stablecoins have the potential to erode the authority of central banks and blur the lines between private and public money.

An Australian crypto billionaire was nearly kidnapped in Estonia by a gang posing as workers. He escaped by biting off one attacker’s finger, and the gang’s plan to steal his crypto failed.

A successful token launch is a full-stack strategy that takes into account product traction, community scale, and compliance readiness.

A widespread cybercriminal campaign is actively targeting Mozilla Firefox users with more than 40 fake browser extensions designed to steal cryptocurrency wallet credentials, with the most recent extensions being uploaded just last week.

A new private club in Seoul with a KRW 1 billion annual fee reportedly excludes people who made money from cryptocurrency and those with many tattoos. Despite its high price, membership is selective and requires recommendations, aiming for a traditional, exclusive image.

The US Justice Department has launched a criminal investigation into a former employee of DigitalMint, a Chicago-based firm specializing in ransomware negotiations and cryptocurrency payments.

Golden Finance launches the 2744th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Cohen built GameStop into the 14th largest bitcoin holder with the same ease with which he built Chewy from scratch and bought it for $3.35 billion.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

How two regulatory actions can turn the “biggest risk” in the crypto space into the “safest bet.”