News section

U.S. government-linked wallets moved more than $288 million in bitcoin and ether to Coinbase Prime on Monday.The assets were tied to seizures and confiscations linked to criminal cases, including those involving Ryan Farace and the defunct BTC-e exchange.

The seized coins landed at the government's custodian, which stops short of a sale but has revived questions about Trump's no-sell pledge.

Robinhood Chain generated $843,000 in fees while paying Ethereum about $1,600 for settlement and availability.Critics say the revenue gap weakens Ethereum’s value capture despite rising activity across Layer 2s.Supporters argue Robinhood’s tokenized stocks could bring millions of new users into Ethereum-based financial markets.

Retail attention via social chatter is back to 2020 levels, even as institutional involvement has moved in the opposite direction.The following is an excerpt from The Block’s Data and Insights newsletter.

U.S. government wallets transferred nearly $297 million in seized Bitcoin and Ether to Coinbase Prime.The Bitcoin movement renewed questions about compliance with Trump’s strategic reserve order banning government sales.Coinbase Prime supports custody and trading, so the transfers do not prove an immediate liquidation.

Binance users raised Bitcoin holdings 1.22%, adding 7,715 BTC during June, the latest snapshot showed.Ethereum and Tether balances declined, while Binance continued publishing monthly reserve data for customer verification.Reserve snapshots show account balances, but they cannot explain whether users bought, sold, or withdrew.

The roadmap calls for the first tokenized government bond issuance under the DIGIT pilot by Q1 2027.Industry leaders say payment infrastructure must evolve alongside tokenized assets to enable real-time settlement.

Bitmine said it held 5.77 million ETH as of July 12, alongside $482 million in cash and marketable securities, with total crypto, cash, and other holdings valued at $11.3 billion.

Robinhood Chain traders are reaching for Tendies over Apple.

According to BitMine Chairman Tom Lee, Ethereum is benefiting from the early success of the Robinhood Chain layer-2 network.

Bitmine bought another 27,801 ETH, increasing its holdings to 5.77 million Ethereum.Tom Lee called Robinhood Chain a new catalyst driving real-world demand for ETH.Despite continued accumulation and staking growth, BMNR shares fell nearly 2%.

U.S. spot Bitcoin ETFs closed their first positive week since May, but a big week ahead will likely determine crypto's near-term fate.

Bitcoin faces inflation data, Iran tensions, retail reports and major bank earnings in coming days.Oil prices and rate expectations could decide whether Bitcoin holds $60,000 or retests resistance again.ETF inflows offer support, but traders still need a confirmed breakout above $65,000 soon.

Turkish prosecutors have charged 504 suspects in an alleged 40 billion lira money laundering network.Investigators said illegal betting proceeds were moved through shell companies, payment providers and cryptocurrency transactions.Prosecutors are seeking prison terms of up to 34.5 years for the alleged leaders of the network.

Tom Lee says a rising ETH/BTC ratio could mark renewed demand across the crypto market.Ether is testing resistance near 0.0286 BTC after recovering from its early June local low.Falling Bitcoin dominance and improving altcoin measures point to rotation, but confirmation remains limited.

Bitcoin stayed above key support while war fears drove sharp losses across major traditional markets.Spot Bitcoin ETFs attracted $197 million, ending eight straight weeks of net investor withdrawals overall.Analysts see $65,000 as resistance, while weaker exchange flows may limit near-term breakout attempts again.