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Author: CryptoPress

Chinese Prosecutors Propose Legal Framework Targeting Crypto Mixers and Privacy Coins

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An opinion piece in the official newspaper of China’s Supreme People’s Procuratorate proposes that courts should presume criminal intent when suspects utilize crypto mixers or privacy coins. The authors recommend establishing a national-level platform to custody and liquidate seized digital assets through compliant auctions, navigating China’s domestic crypto ban. The legal framework seeks to standardize blockchain...

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Strategy Boosts Cash Reserves to $3 Billion, Forgoing Bitcoin Purchases for Third Week

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Strategy Inc. raised $467 million last week through its at-the-market equity program, choosing to boost cash rather than buy cryptocurrency. The company’s U.S. dollar reserve reached a record $3 billion, providing a liquid buffer to cover fixed corporate obligations and preferred stock dividends. Its core treasury remains at 843,775 BTC, making this the third consecutive week without additional Bitcoin acquisitions. Corporate treasury...

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Robinhood Chain Hits Top Five With $3.1 Billion DEX Debut Driven by Meme Coins

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Robinhood Chain brought in roughly $3.1 billion in cumulative decentralized exchange volume during its first seven days following its July 1 launch. The early speculative frenzy was heavily fueled by meme coin trading, with more than 16,000 new tokens hitting the network in a single day. BitMine Chairman Tom Lee noted that the platform’s reliance on ETH as its native gas token underscores Ethereum’s growing central role in the...

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Weekly Snapshot  – Crypto Market Rebounds Amid ETF Inflows

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Bitcoin Recovery Gains Traction as ETFs Reverse Outflows Bitcoin has staged a notable recovery this week, climbing from 21-month lows near $58,000 toward the $64,000 level, buoyed by renewed spot ETF inflows that ended an eight-week outflow streak. The primary catalyst moving markets has been the reversal in U.S. spot Bitcoin ETF flows, with approximately $197 million in net inflows for the week of July 6-10. This marks a significant...

Bitcoin, Crypto market, Cryptocurrencies

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The Rise of Yield-Bearing and Bank-Led Stablecoins - 414% Inflow Surges, OCC Approvals, and the New Programmable Payment Rails

The Rise of Yield-Bearing and Bank-Led Stablecoins: 414% Inflow Surges, OCC Approvals, and the New Programmable Payment Rails

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A $1.7 Billion Signal in One Week Last week, while Washington continued wrestling with how — or whether — digital dollars should generate yield, stablecoin markets delivered a concrete verdict. Net inflows exploded 414% to $1.7 billion, according to Messari data, a report from Alexander Beaudry and Austin Freimuth. This wasn’t scattered retail speculation. It reflected institutions and sophisticated users actively allocating capital into...

Main, Stablecoins

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