Bitcoin Miner MARA Acquires 1,200-Acre Texas Site as Shares Jump 12%

The post Bitcoin Self-Custody Draws 70% of EU Funds Leaving Binance Under MiCA appeared on BitcoinEthereumNews.com. Crypto News Bitcoin and other digital assets are flowing into self-hosted crypto wallets rather than licensed exchanges as the European Union’s Markets in Crypto-Assets (MiCA) regime reshapes the region, according to Binance co-CEO Richard Teng. Speaking at an industry summit in Singapore, Teng said 70% of the funds withdrawn by affected EU users moved into self-custody, while only 30% shifted to platforms licensed under the new rules. His argument is that MiCA, designed to pull users under regulatory oversight, is instead pushing them beyond regulators’ reach. That 70-30 split has become the central data point anchoring his critique of how the framework is playing out. The shift traces back to Binance’s decision to withdraw its MiCA license application in Greece in late June, after which the exchange stopped onboarding new EU customers on July 1. Teng said approval had b

The post Coinbase Legal Chief Grewal Steps Down After Six Years of Bitcoin Policy Wins appeared on BitcoinEthereumNews.com. Crypto News Coinbase Global chief legal officer Paul Grewal will leave the largest US cryptocurrency exchange on July 31, closing a six-year run that reshaped the company’s legal footing. The filing submitted to the SEC (EDGAR) shows Grewal notified Coinbase on July 8 that he would step down as chief legal officer and corporate secretary. He plans to transition into an advisory capacity through October and will keep his seat on the board of Coinbase National Trust Company. Grewal joined in 2020 from Facebook, where he served as deputy general counsel, after more than five years on the bench as a federal magistrate judge. Neither the exchange nor Grewal cited any dispute. Grewal’s tenure is bookended by two landmark moments for the sector, the first being Coinbase’s April 2021 public debut. He helped steer the company through a Nasdaq direct listing that made Coinb

The post DeFi Holding up Unusually Well in Down Market: Bitwise appeared on BitcoinEthereumNews.com. Decentralized finance (DeFi) tokens have held up unusually well against Bitcoin over the past month, suggesting the market may be “quietly re-rating” the sector, says crypto index fund maker Bitwise. Bitcoin (BTC) fell about 22% in June, while Bitwise’s index tracking tokens from major DeFi protocols fell only 4% over the same period, Bitwise said in a report Thursday. “DeFi usually swings much harder than Bitcoin, so holding up this well is unusual, and almost no one is talking about it,” it said.  DeFi tokens have a reputation for being highly volatile during crypto market swings, as they’re the first to be sold by risk-averse traders. However, Bitwise said this is changing as traditional institutions have begun to use the protocols, which have stabilized the wider DeFi ecosystem. “We think DeFi is quietly re-rating,” Bitwise said. “Token economics are improving, the gap between usage

“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual,” says Bitwise, as DeFi tokens have outperformed Bitcoin.

The post Bitcoin price recovers – But ONE hurdle keeps BTC bulls on edge appeared on BitcoinEthereumNews.com. Bitcoin [BTC] is beginning to regain demand. This comes after weeks of persistent selling pressure weakened participation across both spot and derivatives markets. Over the past week, the 30-day cumulative demand rebounded sharply from nearly -500,000 BTC to around -75,000 BTC. This shift signaled that risk appetite is gradually returning. Source: CryptoQuant Notably, futures demand recovered from roughly -295,000 BTC to slightly above neutral. Despite that, spot demand remained weak near -78,000 BTC, showing long-term investors are still waiting for stronger confirmation. Moreover, that divergence suggests traders are positioning for higher prices before meaningful capital enters the spot market. Although sentiment has clearly improved, Bitcoin’s recovery will remain vulnerable until spot accumulation strengthens, reinforcing derivatives-driven momentum with broader investor c

Corporate Bitcoin accumulation outpacing mining could tighten supply, heightening market volatility and systemic risk from potential liquidations. The post Public companies bought 110,000 Bitcoin in Q2 2026, nearly doubling their prior two-quarter haul appeared first on Crypto Briefing.

The post Crypto Adoption Surges in Q2 2026 Despite 15% Market Drop appeared on BitcoinEthereumNews.com. Felix Pinkston Jul 09, 2026 20:29 Crypto prices dropped in Q2 2026, but adoption metrics soared. Key highlights include $43.2B prediction market volume and tokenized assets up 50%. The crypto market endured a brutal second quarter in 2026, with the Bitwise 10 Large Cap Crypto Index dropping 15.4% and eight of its ten constituents in the red. Bitcoin itself fell sharply earlier in the quarter, bottoming near $38,000 before recovering to $63,143 as of July 9, reflecting a modest Q3 rebound. Yet, beneath the surface, adoption metrics tell a different story of resilience and growth. According to Bitwise Investments’ Q2 report, prediction market volumes skyrocketed to $43.2 billion, an 18x increase year-over-year. Tokenized real-world assets also surged, climbing 50.3% in 2026 to $32.89 billion. Stablecoins continued their dominance, now settling payments at 2.3 times th

The post Bitcoin Rebounds 11% From $57,700 Low as On-Chain Demand Recovers appeared on BitcoinEthereumNews.com. Bitcoin News Bitcoin (BTC) has staged a roughly 11% rebound from last week’s $57,700 low, climbing back toward the $64,000 area as on-chain data points to a genuine shift in demand rather than a simple technical bounce. Our reading of the flow suggests the leading cryptocurrency is sitting at an inflection point between a fading bear-market decline and the early groundwork for renewed strength. The recovery arrived after weeks of relentless selling, and the speed of the move has revived talk of a local bottom. Traders are now watching whether spot buyers can sustain the bid or whether this is another rally destined to be sold into. The most important signal sits beneath the price action. Combined spot and futures demand contracted by roughly 650,000 BTC in early June — the largest such drawdown since 2022 — and that collapse was a primary driver of the sell-off. On-chain data