Crypto & Web3

Ondo Finance launches SEC-compliant tokenized stocks backed by BlackRock ETF, Micron

Ondo Finance has introduced a new tokenized securities model designed to operate within existing U.S. regulatory frameworks. The structure is underpinned by financial infrastructure firms Broadridge and transfer agent Oasis Pro. It follows the SEC's third-party custodial model, ensuring compliance with American market rules. The initiative includes tokenized exposure to a BlackRock ETF and Micron shares, marking a significant step toward regulated on-chain equities.

JPMorgan warns Strategy's bitcoin sales policy creates two-way market risk

JPMorgan has raised concerns about Strategy's policy of selling bitcoin to raise funds, warning it introduces unnecessary uncertainty into crypto markets. The bank argued that this approach creates two-way risk, meaning it could pressure prices in either direction. JPMorgan suggested that Strategy should instead rely on equity issuance as a means of building cash reserves. The bank's position implies that selling bitcoin holdings is an avoidable source of market volatility that could be mitigated through alternative financing methods.

US Job Growth Slows Sharply in June, Adding Only 57,000 Payrolls

The United States recorded a significant slowdown in job creation in June, with only 57,000 payroll positions added during the month. This figure represents a sharp deceleration compared to previous months of stronger employment growth. The weaker-than-expected jobs data was released this morning and quickly drew attention from financial markets. Analysts suggest the report may dampen expectations of a near-term Federal Reserve interest rate hike, which some had anticipated as early as this summer or fall.

Korean Nasdaq Firm Dumps Bitcoin Holdings Entirely, Pivots to AI Infrastructure

A Nasdaq-listed Korean media company has completely exited its Bitcoin holdings, with a recent regulatory filing confirming its crypto balance stands at zero. The firm had previously attempted to replicate MicroStrategy's Bitcoin acquisition strategy, securing $1 billion in financing to purchase 10,000 Bitcoin. The company has now shifted its strategic focus toward AI infrastructure instead. The pivot comes as the firm also battles to maintain its Nasdaq listing, signaling broader financial difficulties.

EU Opens Review of MiCA Crypto Regulation Three Years After Its Passage

Europe's landmark cryptocurrency regulatory framework, MiCA, is now undergoing a formal review process informally dubbed 'MiCA 2.0.' The consultation, which seeks input on potential revisions to the framework, is set to close around September. The review comes three years after MiCA was originally enacted into law across the European Union. Authorities are reassessing the framework to determine whether updates or expansions are needed to address evolving conditions in the crypto market.

Warsh's comments set the stage for U.S. jobs data to ignite bitcoin, gold rally

Your day-ahead look for July 2, 2026

Crypto Markets Bounce Back as Fed Signals Dovish Stance

Bitcoin and major cryptocurrencies staged a rebound following dovish signals from the Federal Reserve. The recovery has been described as the first meaningful bounce since the recent broader market selloff. Smaller speculative tokens outpaced larger assets, with Memecore's M and Audiera's BEAT among the top gainers. Solana also participated in the rally alongside Bitcoin, reflecting a broad-based recovery across the crypto market.

Bitcoin Climbs Above $61,000 After Fed Chair Signals Easing Inflation Risks

Bitcoin surged more than 4% to trade above $61,000, reaching its highest level in over a week. The rally followed remarks by Federal Reserve Chair Kevin Warsh indicating that inflation risks had softened. The positive momentum in Bitcoin persisted despite broader market turbulence, including a 7.9% decline in South Korea's Kospi index. The Kospi drop was driven by renewed concerns over AI chip demand, but it failed to dampen investor appetite for the cryptocurrency.

OpenAI Said to Offer U.S. Government a 5% Stake in the Company

OpenAI, the company behind ChatGPT, is reportedly in discussions to offer the U.S. government a 5% ownership stake, according to the Financial Times. The proposal is designed to give American citizens a financial interest in the growing artificial intelligence industry. The move is also seen as a strategic effort by OpenAI to reduce political pressure and regulatory scrutiny facing the AI sector. Details of the discussions, including their current stage or timeline, have not been fully disclosed.

Live markets: Bitcoin holds above $60,000 as yen jumps on intervention fears

Metaplanet Expands Bitcoin Treasury to 43,000 BTC With $170M Purchase

Japanese investment firm Metaplanet has acquired an additional $170 million worth of Bitcoin, further growing its cryptocurrency reserves. The purchase brings the company's total Bitcoin holdings to 43,000 BTC, cementing its position as the world's third largest publicly traded Bitcoin holder. The move is part of Metaplanet's ongoing strategy of using Bitcoin as a core treasury asset. The company also reported improved revenue from its Bitcoin Income Generation operations following the latest acquisition.

Taiko Restores Cross-Chain Bridge 10 Days After $1.7M Hack

Blockchain protocol Taiko has fully restored its cross-chain bridge just ten days after suffering a $1.7 million hack. The recovery involved a multi-stage process that included an independent security review to verify the system's integrity. The swift restoration has apparently boosted investor confidence in the project. Following the recovery, the TAIKO token surged by as much as 136% in recent trading sessions.

Solana launches on-chain governance with 100,000 SOL validator entry threshold

Solana has introduced a formal on-chain governance system called Solana Governance Proposals, allowing network participants to collectively shape the blockchain's direction. Validators and their stakers can now officially signal their preferences for network decisions. To submit a governance proposal, a validator must have at least 100,000 SOL staked behind it. Notably, individual stakers retain the power to override their validator's vote, giving delegators a direct voice in governance outcomes.

XRP rises on whale activity but retail caution keeps recovery in doubt

XRP has edged higher amid a notable uptick in large-holder, or whale, activity in recent days. New wallet creation on the XRP network reached its highest point in three months, signaling growing on-chain engagement. Despite these positive signals, retail traders remain cautious and have yet to participate strongly in the move. Analysts suggest that XRP must reclaim the $1.10 price level for the recovery to be considered credible.

Bitcoin Long-Term Holders Switch Back to Accumulation Mode

Bitcoin's long-term holders have shifted their behavior from net distribution to net accumulation, according to on-chain analytics firm Glassnode. This change in trend indicates that seasoned investors are once again buying and holding Bitcoin rather than selling. Long-term holder wallets are typically defined as addresses that have held Bitcoin for an extended period, making their behavior a closely watched market signal. Such a shift is often interpreted by analysts as a sign of growing confidence in Bitcoin's price outlook.

FBI Director Kash Patel failed to timely disclose six-figure MSTR stock investment

FBI Director Kash Patel reportedly failed to file a timely financial disclosure for a six-figure investment in MicroStrategy (MSTR), according to nonpartisan news outlet NOTUS. MicroStrategy is a publicly traded company known for holding large amounts of Bitcoin on its balance sheet. Federal officials are generally required to disclose significant financial holdings within set deadlines. The late or missing filing raises questions about compliance with federal ethics and transparency rules. Patel has not yet publicly commented on the reported disclosure lapse.

Bitcoin Tops $60K as Fed's Warsh Signals Lower Inflation Risk

Bitcoin surpassed $60,000 for the first time in over a week following comments by Federal Reserve Chair Kevin Warsh indicating that inflation risks have eased. The broader crypto market responded positively, with Ether, Solana, and Dogecoin all posting gains. Solana was the standout performer among major cryptocurrencies, rising approximately 16% over the week. Meanwhile, a selloff in semiconductor stocks weighed on Asian markets and weakened the AI trade, which had been drawing capital away from crypto throughout the quarter.

New Ethereum Institutional Platform Launches Amid Broader Ecosystem Shifts

A new initiative called Ethereum Institutional has launched with backing from across the Ethereum ecosystem. Its debut coincides with the recent launch of EthLabs, signaling a period of broader evolution within Ethereum's support infrastructure. The Ethereum Foundation is simultaneously working to address community concerns around transparency and communication. Critics have also questioned the Foundation's role and responsibilities within the wider ecosystem. The cluster of developments points to a significant moment of organizational change for the Ethereum community.

Robinhood Launches Public Blockchain in Deeper Crypto Expansion Push

Robinhood has rolled out a public blockchain as part of its continued expansion into the cryptocurrency space. The move represents a significant step by the retail trading platform to bridge traditional finance and crypto markets. Robinhood has been steadily pushing into crypto products, and the new blockchain launch marks an escalation of that strategy. The development signals the company's intent to compete more directly with established crypto-native platforms.

Ethereum Foundation releases policy guide targeting governments and institutions

The Ethereum Foundation has published a new policy guide aimed at governments and institutional stakeholders. The guide urges policymakers to draw a clear distinction between decentralized public blockchains and those controlled by corporations or private foundations. According to the Foundation, governance structures are a critical factor in determining which blockchain platforms are appropriate for long-term public sector adoption. The document positions decentralized networks as more suitable for government and institutional use compared to centrally controlled alternatives.