Experts divided on proposal to freeze Satoshi's 1.1M BTC amid quantum computing fears

Bitcoin Surpasses $63,000, Recovering June Losses in Holiday Trading

Bitcoin climbed above $63,000, reaching its highest level in over a month. The rally came during reduced trading activity on July 4, a U.S. public holiday. The move effectively reversed losses that the cryptocurrency had accumulated toward the end of June. XRP led gains among major cryptocurrencies, rising approximately 5% within a 24-hour period.

Bitcoin's Lag Behind Record Stocks Seen as Temporary, Analysts Say

Bitcoin has been underperforming record-high stock markets, but analysts believe this divergence is unlikely to persist. Researchers from Schwab and Hashdex suggest that artificial intelligence investments have drawn capital away from digital assets, contributing to bitcoin's relative weakness. Despite this, bitcoin is reportedly following a recognizable recovery pattern that typically emerges after its halving events. Analysts therefore expect bitcoin to realign with broader market performance as the post-halving cycle progresses.

Trump Crypto Buyers Face $3.8B in Losses as TRUMP Token Plunges 96%

Buyers of Donald Trump's TRUMP cryptocurrency token are collectively down $3.8 billion, according to blockchain data. The token has fallen 96% from its all-time high, wiping out significant value for retail investors. Additionally, 85% of secondary market wallets holding World Liberty Financial's WLFI token are currently at a loss. The losses reflect a broader downturn across the cryptocurrency sector. Both tokens were closely associated with Trump's brand and political identity, drawing widespread retail participation at launch.

Europe led on crypto regulation. Now implementation must match ambition