The Block
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UK FCA proposes allowing authorized funds to allocate up to 10% to crypto ETNs
The FCA proposed allowing authorized UK funds to hold up to 10% in crypto ETNs, extending access opened by last year's retail ban lift.

Bernstein says bitcoin's 'boring cycle' doesn't undermine store-of-value thesis despite $2.6B ETF outflows in 2026
Bernstein analysts said bitcoin’s “boring cycle” and $2.6 billion worth of ETF outflows in 2026 do not weaken its store-of-value thesis.

Spot bitcoin ETFs log $1.7 billion in weekly outflows, largest since February 2025
The outflows were primarily driven by macroeconomic headlines, especially the stronger-than-expected U.S. jobs report, one analyst said.

ZEC rebounds 42% as ZODL founder details two-step emergency upgrade
Josh Swihart, founder of ZODL, provided details on how the Zcash team resolved a critical vulnerability in the Orchard shielded pool.

Bitcoin reclaims $63,000 in 'oversold relief rally'; South Korea's KOSPI plunges 8%
Presto's Min Jung told The Block that KOSPI's crash may have had some impact on bitcoin's recovery, but not substantially.

What Is Crypto Market Structure? A Guide to How Crypto Markets Work
Learn about the different participants in crypto markets, the rules that apply to each, and how regulators are clarifying their guidelines.

NY judge stays lawsuit seeking ownership of nearly 40,000 bitcoin wallets, sets July hearing on proposed amicus brief
The brief, filed by attorney Ian R. Cohen, argues New York's lost-and-found statute cannot be used to claim "lost" assets controlled by private keys.

JPMorgan says Strategy may need to rebuild dollar reserves to restore confidence
JPMorgan said crypto's outlook depends on Strategy's dividend plan and the Clarity Act, for which it now sees less than a 50% chance of passage this year.

Michael Saylor hints at fresh bitcoin buy with 'add more dots' post as Strategy sits $11.7 billion underwater
The post lands a week after Strategy revealed its first bitcoin sale since 2022 and one day before voting closes on a STRC dividend amendment.

Bybit follows Kraken in offering tokenized SpaceX IPO access via xStocks
The product is built on Payward's xStocks framework, the tokenized equities platform Kraken acquired through its purchase of Backed Finance in late 2025.

HTX to delist Trump-linked USD1 after saying World Liberty Financial froze exchange-linked addresses
The move follows World Liberty Financial's apparent freeze of HTX-linked on-chain addresses, citing UK sanctions compliance, per HTX.

Hyperion DeFi to unwind $29M in HYPE deals with Felix, Native Markets as USDH sunsets
Roughly 800,000 HYPE will return to the company's treasury for redeployment to "more profitable" strategies, per a Friday filing.

Wallet linked to Ethereum co-founder Joseph Lubin moves 110,000 ETH to defend $259M DAI debt position
Onchain analysts described the move as defensive collateral management to reduce liquidation risk, not likely a sale.

Hyperliquid treasuries stand alone in profit as legacy crypto DATs bleed billions
Strategy, Bitmine, and other major treasury firms have seen paper gains evaporate as crypto prices continue sliding.

Next up, taxes: Crypto tax legislation circulated ahead of House Ways and Means Committee hearing next week
As cryptocurrency-related bills from regulating stablecoins to the market as a whole take center stage — now comes how to tax those assets.

'Please stop the FUD': Zcash treasury company Cypherpunk remains committed to accumulating 5% of ZEC supply
Shares of Cypherpunk Technologies plunged more than 40% following the disclosure of a critical bug that was recently patched in Zcash.

Securitize clears SEC registration statement hurdle, sets path to NYSE listing as SECZ
Securitize's SPAC merger is expected to close shortly after a CEPT shareholder vote, if approved, later this month.

Crypto Council for Innovation launches coalition to push for regulatory clarity on vaults
A new coalition is forming, focused on crypto vaults, an increasingly popular mechanism for depositing digital assets and earning yield.

Strategy's Saylor says Bitcoin should avoid choosing between 'purity and adoption' as BTC extends losses
Strategy Exec Chairman Michael Saylor divided the Bitcoin ecosystem into four camps, saying that each serves a necessary role.

Morgan Stanley lets clients lend bitcoin and other assets for in-kind spot crypto ETF conversions
Morgan Stanley Wealth Management and Galaxy Digital have partnered to let eligible clients lend crypto in exchange for crypto ETP shares.

Bitcoin, ether ETFs end 13- and 17-day outflow streaks as traders rotate into equity perps ahead of NFP: analysts
Bitcoin ETFs ended a 13-day outflow streak with $3M inflows, and ETH ETFs snapped a 17-day run ahead of NFP as traders rotate to equity perps.

CME CEO Duffy says new perpetual futures could be 'disaster waiting to happen'
CME CEO Terry Duffy warned that U.S.-approved perpetual futures risk retail blowouts and excessive leverage exposure.

Zcash selloff extends past 50% amid bug disclosure as liquidations top $100 million
ZEC crashed over 50% to around $310 amid Zcash's Orchard bug disclosure and more than $116 million in 24-hour liquidations.

Hong Kong taps JPMorgan, HSBC for expert group to scale tokenized bonds
The Hong Kong Monetary Authority announced the formation of an expert group to advance the development of tokenized bonds.