Bitcoin ETFs see $425M outflows in 24h as altco… – Pluang

Shibarium, which is Shiba Inu’s L2, saw a decline in activity over the last 24 hours. According to Shibariumscan explorer, the daily transaction count on the Shibarium blockchain fell from 5,170 recorded on July 10 to 1,280 on July 11, a 75% drop. After days running into weeks of flat network activity, the Shibarium transaction…

Bitcoin News: Dave Portnoy, founder of Barstool Sports, disclosed on Fox Business that he is sitting on millions in losses after buying Bitcoin near $100,000, and announced he will hold the position all the way to zero rather than sell again. The declaration, made on Stuart Varney’s Varney & Co., crystallizes a behavioral pattern that…

Hyundai, the world’s third-largest carmaker by vehicle sales, moved a stablecoin-based, cross-border, internal remittance system into production readiness on the Avalanche blockchain, becoming the first major South Korean company to do so. “Hyundai is the first major enterprise to publicly announce this type of implementation on Avalanche, but the initiative represents more than a technical…

Today in crypto, Thailand’s central bank is working with the country’s security regulator to audit high-volume stablecoin and cash transactions in a gray money crackdown. Pakistan’s virtual assets regulator called for continued dialogue on the treatment of digital assets after meeting an Islamic scholar who backed a ruling against purchases made with crypto and Bitcoiners…

Ripple has joined the Linux Foundation’s newly launched x402 Foundation as a premier member.  It is bringing XRP and its RLUSD stablecoin into an open-source initiative that is meant to standardize internet-native payments for AI agents and applications. The x402 Foundation will oversee the development of the x402 protocol, an open payment standard that enables…

Bitcoin reserve ratio on Binance hits a record low as $43B in stablecoins sits idle against thin BTC supply, CryptoQuant data shows. What finally makes it move? The dollars are parked. Almost seven out of every ten stablecoins held on centralized exchanges now sit on Binance, and very little of that money is moving anywhere….