Daily Crypto News
Daily Crypto News in 20 Minutes or Less. Hosted on Acast. See acast.com/privacy for more information.
10
July 28: Crypto Exchanges Are Shrinking
<p>Crypto markets remain sluggish, with Bitcoin drifting around $63,000 as trading activity continues to weaken. Matt argues that the recent wave of exchange closures and layoffs—including BitMEX, BitMart, Momentum Labs, Storage Labs, and workforce reductions at Uphold—reflects a maturing industry rather than a crisis. As retail speculation fades and trading volumes decline, he believes only exchanges offering meaningful services such as institutional custody, compliance, and infrastructure will survive. </p><br><p>The episode also covers BitMine's continued accumulation of Ethereum, New York Attorney General Letitia James' criticism of the CLARITY Act, and allegations from Thailand's SEC that Bitkub conce...
July 27: Bitcoin Stalls at $65,000 as the Market Turns Mixed
<p>Craig sees a mixed and largely directionless crypto market, with Bitcoin repeatedly struggling to move decisively above $65,000. After roughly three weeks of minimal progress, the weekly chart raises the possibility that Bitcoin is forming a lower high before another move down. Craig is staying cautious and would rather wait for a confirmed breakout or a clean rollover than force trades in a market with weak momentum and declining volume. </p><br><p>He also points to exchange shutdowns as further evidence that trading activity has dried up and says a fast drop toward $50,000 could create a healthier reset and b...
July 24: Miners, Treasuries, and Regulators Reshape the Market
<p>Bitcoin remains stuck near $64,000 as the broader crypto market struggles to find momentum. Matt covers Poolin’s Chapter 11 bankruptcy, Bitcoin treasury companies selling holdings to repay debt and fund operations, and another likely delay for the CLARITY Act as traditional banks push back against yield-bearing stablecoin products that could threaten their business models. </p><br><p>The episode also examines India’s effort to restrict Jack Dorsey’s privacy-focused BitChat app, a proposed $40.7 million lawsuit against BitMEX, the hacking of Robinhood CEO Vlad Tenev’s X account to promote a fake meme coin, Ripple’s expansion of RLUSD, Coinbase’s new AI-powe...
July 23: Bitcoin Faces Macro Pressure as ETFs Keep Buying
<p>Bitcoin remains caught between strong ETF demand and an increasingly difficult macroeconomic environment. Matt explains how rising Treasury yields, the possibility of additional Federal Reserve rate hikes, expensive equity valuations, and a weakening housing market are all competing for investor capital. Despite those headwinds, spot Bitcoin ETFs have attracted more than $1 billion over the past week, helping stabilize prices while traditional finance continues moving deeper into blockchain through tokenized Treasury settlement and ongoing debate over the CLARITY Act. </p><br><p>The episode also covers BitMEX's planned shutdown after 11 years, a series of cross-chain exploits that drained more than $35 m...
July 21: Bitcoin ETFs Extend Their Inflow Streak
<p>Bitcoin moved back above $66,000 as U.S. spot Bitcoin ETFs recorded a fifth straight day of inflows, bringing roughly $727 million into the market over that stretch. The episode also covers renewed momentum around the CLARITY Act, rapid growth in tokenized assets on Solana, a UK inquiry into crypto banking restrictions, Washington state's legal fight with Kalshi, and Base's planned launch of tokenized equities. </p><br><p>Matt also discusses an SEC case involving an alleged $22 million mining scheme, the latest Celsius settlement, Exodus cutting 25% of its workforce, and Bitcoin miners shifting computing power toward AI infrastructure. He explains why m...
Bitcoin Stuck in Neutral as Traders Wait for the Next Move
<p>Craig reviews another slow week across the crypto market, with Bitcoin continuing to struggle below $65,000 and most major coins trading sideways. He remains long Litecoin after a clean daily breakout and is watching for a possible pullback and bullish continuation. Ethereum showed slightly more strength, while Binance Coin, Cardano, Dogecoin, Solana, XRP, and Tron offered very little momentum. Bitcoin Cash was one of the weaker performers, falling roughly 10% over the week. </p><br><p>With few strong trends available, Craig is focusing on higher-timeframe breakout setups in markets such as Injective and Ethereum Classic rather than forcing low-quality trades. H...
July 20: Strategy Keeps Raising Cash While Regulators Race the Clock
<p>Strategy's latest stock sale led today's discussion after the company raised another $163 million without purchasing additional Bitcoin, increasing its cash reserves while maintaining more than 843,000 BTC on its balance sheet. Matt questioned whether raising money to fund dividend obligations while continuing to hold Bitcoin is a sustainable long-term strategy. The episode also covered more companies adopting Bitcoin treasury strategies, Capital B's reverse stock split, and regulators missing the GENIUS Act deadline for finalizing stablecoin rules, leaving issuers waiting on key guidance before the law takes effect in early 2027. </p><br><p>Matt also discussed France's decision to block Polymarket a...
July 17: Why Blockchain Could Fix Elections
<p>Traditional finance continues embracing crypto as Morgan Stanley's E*TRADE launches Bitcoin, Ethereum, and Solana trading for eligible retail clients, Citadel Securities invests $400 million in Crypto.com, and Visa unveils a new stablecoin platform designed for banks and fintech companies. Matt explains why competition to control digital dollar infrastructure is accelerating as more traditional financial firms enter the stablecoin market.</p><br><p>The episode also covers Europe's growing list of MiCA-licensed crypto firms, Malaysia's investigation into a crypto-related network state project, Taiwan sentencing the operator behind the BitShine exchange to 22 years in prison, and a UK crypto fraud ring tha...
July 16: Tokenization Goes Live on Wall Street
<p>The DTCC processed live production trades involving tokenized stocks, ETFs, and U.S. Treasuries with participation from firms including JPMorgan, Goldman Sachs, BlackRock, and Vanguard. Matt explains why this is one of the clearest signs yet that tokenization is moving beyond pilot programs and into the core infrastructure of U.S. financial markets.</p><br><p>The episode also covers Orange Juice’s plan to buy cash-flowing businesses and use them as Bitcoin treasury companies, Volvo’s latest blockchain experiment, the ethics fight holding up the Clarity Act, and the Senate’s unanimous opposition to any pardon for Sam Bankma...
July 14: Banks Fight the Clarity Act
<p>Japan continues pushing stablecoins into the mainstream as JCB, the country's largest card network, partners with Circleto explore USDC for cross-border payments and merchant transactions. Matt also covers CleanSpark's $6.6 billion data center lease, Coinbase Ventures remaining the most active crypto investor of 2026, and why stablecoin adoption continues accelerating around the world.</p><br><p>The episode also examines the latest fight over the Clarity Act, as banking groups push Congress to block stablecoin rewards while law enforcement throws its support behind the legislation. Matt wraps up with the U.S. government's $288 million crypto transfer to Coinbase Prime, slowing Bitcoin ETF tra...
