Latest Crypto News & Market Updates

BitMEX Sued Over Alleged Bitcoin Liquidations.

BitMEX faces claims it profited from customer liquidations totaling 622.66 BTC.Plaintiffs seek Bitcoin recovery and damages over alleged unfair liquidation practices.Lawsuit coincides with BitMEXs planned September shutdown after 11 years.　　BitMEX is facing a proposed class action lawsuit in the United States over allegations that it profited from customer Bitcoin liquidations. The case was filed on the same day the cryptocurrency derivatives exchange confirmed it will permanently shut down operations in September, bringing renewed attention to its liquidation practices and past regulatory challenges.　　Plaintiffs Claim BitMEX Profited From Customer Liquidations　　BitMEX has been accused of engineering customer liquidations to retain Bitcoin that should have been returned to traders after leveraged positions closed.　　The proposed class action was filed in the U.S. District Court for the Southern District of New York by BKX Services Inc. and trader David Namdar. Together, they claim losses totaling 622.66 BTC through forced liquidations on the exchange.　　According to the complaint, BKX Services lost at least 305.81 BTC, while Namdar alleges losses exceeding 316.85 BTC. The plaintiffs seek the return of the Bitcoin alongside compensatory and punitive damages.　　The lawsuit claims BitMEX allowed customers to trade with leverage of up to 100 times their collateral. However, it alleges the platform liquidated positions

07-25Industry

Apple Q3 Preview: iPhone, Services, and AI Spend

Picture 4:59 p.m. on a summer Thursday. Options traders hover over their keyboards, desks are quiet, and every eyeball is on a single ticker. Apple is about to report.　　This isn‘t just another quarter. It’s a check-in on iPhone demand, Services momentum, and how Apple plans to spend on AI without turning into another hyperscaler.　　The call drops at 5 p.m. ET on July 30, and the first lines of the press release will likely set the tone for tech into August.　　Consensus heading into the print pegs fiscal Q3 2026 revenue around 108.8 to 108.9 billion dollars with EPS near 1.88 to 1.89, according to recent roundups of analyst estimates (MarketBeat (consensus estimates reported July 23, 2026)). The conference call is set for July 30 at 2 p.m. Pacific, 5 p.m. Eastern (Apple Investor Relations).　　What‘s different this time is the AI angle. In mid-July, coverage noted investors warming to Apple’s capital-light AI approach and the stock narrowing the gap with Nvidia in market value as that narrative gained steam (Investing.com (reporting Reuters coverage, July 17, 2026)).　　Apples pitch is efficiency: push AI on device, lean on existing infrastructure, and protect margins while still shipping meaningful features.　　That puts three things in focus: can iPhone

07-25Industry

WLD Plunges 10% Despite $52.5 Funding Round, BTC Struggles at $64K: Weekend Watch

ONDO and LIT are todays largest losers once agian, while ZEC has decisively broken below $500.　　After gaining several grand and peaking at $67,000 earlier this week, bitcoin faced an immediate rejection and dipped below $64,000, where it currently struggles.　　Most larger-cap alts are also in the red on a daily scale now, with ETH slipping to $1,850, XRP fighting for the $1.10 support, and ZEC dropping by 6%.　　BTC Falls to $64K　　On the surface, the past week appeared quite positive for the primary cryptocurrency given the overall market sentiment. After dipping to $63,750 on Monday, the asset went on a highly successful run and soared to $67,000 on Tuesday evening for the first time in over a month. Some of the reasons behind this jump included renewed ETF net inflows and new purchases from whales.　　However, the fragile market state failed to provide more rally support, and BTC went downhill in the following days. It dropped to $64,750 on Thursday, before it jumped by a grand on Friday morning. However, another rejection followed, which is rather typical for Fridays in the past several weeks, and BTC dipped by $2,000 after US President Trump warned the EU about a new set of tariffs.　　Bitcoin has

07-25Industry

Nvidia commits $500 billion to SK Group as the global AI buildout accelerates

Jensen Huang, the CEO of Nvidia, has revealed a partnership deal worth around $500 billion with SK Group of South Korea which may become the largest commitment in the field of AI infrastructure so far. Huang announced the amount of deal during the meeting with President of South Korea Lee Jae Myung in San Francisco, although the companies have not yet publicly disclosed details about the deal.　　The comments reported first by the Yonhap news agency have underlined the speed with which the AI race is developing. Starting off as the competition to make faster chips, the race has moved on to establishing every aspect of AI supply chain that requires advanced memory, data centers and engineers to power them.　　According to ChosunBiz, Huang said during the meeting, “SK Group and Nvidia will announce a business partnership between the two companies today… the size amounts to $500 billion.”　　Why a memory partner sits at the center of the deal　　The South Korean conglomerate SK Group owns SK Hynix, which is one of two companies that monopolize the region of high-bandwidth memory (HBM), which is stacked DRAM that allows AI accelerators to perform large data processing at a very high speed. That will put SK

07-25Industry

DEXE up +149.81%, BTC -1.99%, DeXe is The Coin of The Day – Daily Market Update for Jul 25, 2026 | CoinCodex

Key highlights:The total cryptocurrency market cap decreased from $ 2.22T to $ 2.18T in the past 24 hours, representing a -1.47%changeThe Bitcoin price at press time is $ 64,028 after falling by -1.99%in the last 24 hoursThe total crypto trading volume decreased by -8.81%in the past 24 hours, and is currently at $ 522.15BAll prices and changes are presented at the time of publication: July 25, 2026, at 06:00 UTC　　Market Overview　　The total cryptocurrency market cap is currently $ 2.18T after a -1.47%decrease on the day. The total crypto trading volume declined by -8.81%in the same time frame.　　Bitcoin is trading at $ 64,028 after seeing a -1.99%loss in the last 24 hours. The Bitcoin dominance fell by -0.24%and BTC currently represents 58.83% of the cryptocurrency market.　　Top Coins By Market Cap　　At press time, Bitcoin has a market capitalization of $ 1.28T after losing -1.99%in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null%and reach null by Invalid date. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.　　Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,856.99 and has

07-25Industry

Sam Altmans World Foundation Pulls $52.5M as Pantera Backs Global World ID Expansion

Key TakeawaysWorld Foundation raised $52.5 million from Pantera Capital and others in a 1-year locked WLD token sale.World ID tackles AI deepfakes and bots across top services like Zoom, Tinder, and Okta for 39 million users.World Foundation is scaling adoption globally through the upcoming launch of its enterprise World ID 4.0 stack.　　Strategic Investor Backing　　World Foundation announced July 24 that it has raised $52.5 million in an initial funding round through a strategic sale of its native WLD tokens to expand its digital identity verification infrastructure. The funding round, structured around a one-year token lockup, was led by venture capital firm Pantera Capital. Other participants included Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto.　　The announcement coincides with the third anniversary of the launch of Worlds network, which OpenAI CEO Sam Altman originally co-founded. World Foundation said the capital will support the global deployment of its World ID technology across commercial enterprises, consumer platforms, and autonomous artificial intelligence systems.　　All WLD tokens purchased in the round will be locked for 12 months. “The need for Proof of Human is becoming acutely clear with the acceleration of AI development, and we see this in the influx of enterprise traction,” Cosmo Jiang, general

07-25Industry

Bitcoins quantum debate turns into a governance fight over BIP-361

A draft plan developed to protect Bitcoin against future quantum computing advancements has turned the debate in a different direction. The discussion is no longer related to cryptography, but governance. Is a system that was set up to resist changes capable of agreeing on an important upgrade before it is imperative？　　This week, the issue got renewed attention when Cardano co-founder Charles Hoskinson claimed that the biggest problem for Bitcoin is not quantum computing in itself but the ability to organize a response ahead of time before the threat is confirmed.　　Hoskinson says Bitcoin may struggle to coordinate　　During a conversation on The Starting Block on Friday, Hoskinson pointed out that quantum computing could pose a threat to Bitcoin‘s position as the world’s top digital currency, currently valued at about $1.3 trillion, should the network be unable to come to an agreement on an upgrade.　　“The issue with Bitcoin is it‘s frozen in time. It’s very difficult to change anything,” he said, according to The Block.　　According to Hoskinson, Cardanos governance model stands in stark contrast to that of Bitcoin. “If there needs to be a migration, we can have a vote, and then there could be an onchain function to do that,” he said.　　The

07-25Industry

Strategy now publishes the Bitcoin return threshold below which it may have to restructure

Strategy‘s newly published metric shows Bitcoin could decline at a constant annual rate of 11.34% across the weighted duration of the company’s credit structure before its modeled coverage falls below 1.0x.　　The BTC Floor ARR stood at -11.34% at 3:35 p.m. BST on July 24, when Strategys dashboard showed a weighted credit duration of 5.79 years.　　The figure models a multiyear return path using Strategys current Bitcoin reserve, net debt, preferred stock and annual financing obligations. The metric does not establish a fixed Bitcoin-price trigger, covenant threshold or immediate liquidation event.　　Strategy defines BTC Floor ARR as the lowest constant Bitcoin annual rate of return that maintains 1.0x coverage of net debt and preferred stock through its Bitcoin reserve after funding interest and preferred dividends over the modeled period.　　“Below the BTC Floor ARR, Strategy may need to consider restructuring its obligations,” the company states in its metric glossary.　　The obligations behind the floor　　Strategy‘s capital-structure data, reported as of July 20, showed $6.754 billion of debt and a $3.225 billion USD reserve. Under the company’s definition of debt principal minus cash, those figures produce approximately $3.529 billion of net debt.　　The company also reported $15.464 billion of preferred-stock notional, bringing the combined net debt and preferred

07-25Industry

TRON Reaches $90B+ USDT on the Network, $887M+ in Crypto Card Volume in Q2, CoinDesk Data and CryptoQuant

Geneva, Switzerland, July 24, 2026— CoinDesk Data and CryptoQuant, leading platforms in blockchain research and analytics, have released comprehensive reports highlighting the TRON network‘s performance throughout the second quarter and first half of 2026, respectively. These independent analyses point to TRON’s continued dominance in global stablecoin settlement and protocol revenue, alongside its emergence as a broader infrastructure layer for applications, business payments, and the agentic economy, cementing its role as critical infrastructure for digital finance.　　CoinDesk 　　CoinDesk‘s TRON Network Quarterly Report: Q2 2026 highlights continued expansion across the TRON ecosystem, including regulated U.S. market access through Bitnomial, tokenized private credit initiatives with Securitize and Hamilton Lane, and interoperability integrations spanning more than 150 blockchain networks. The report also notes TRON’s growing role in agentic AI through B.AI, deBridge‘s Model Context Protocol (MCP) server, and membership in the Agentic AI Foundation, while highlighting its relative strength during the quarter, underscoring the network’s resilience.　　Key Insights from CoinDesk:User Growth & Peer-to-Peer Activity:Daily active users on TRON averaged 3.5 million in Q2 2026, up from 3.2 million in Q1. As of June 30, approximately 93% of TRONs stablecoin transfer volume was peer-to-peer, the highest share of any tracked chain.Stablecoin Market Share & USDT Growth:TRON‘s share

07-25Industry

Memecoin.Fun raises $3.5M as Robinhood Chain launchpad race grows

Robinhood Chain token launch platform Memecoin.Fun has raised $3.5 million in strategic funding as the networks decentralized exchanges approach $9 billion in cumulative trading volume.　　According to an official announcement from Memecoin.Fun, Becker Ventures led the financing, while BitValue Capital, Mason Labs, Negentropy Capital, and angel investor Billy Wen also participated. The platform completed the transaction through the USDG token, although the announcement did not disclose Memecoin.Funs valuation or the terms received by investors.　　Memecoin.Fun plans to use the capital to build its core products and technical systems. Its proposed work includes launchpad infrastructure for Robinhood Chain, cross-chain bridge functions, and research and operations for a platform designed to support memecoins across multiple blockchains.　　By developing launch and cross-chain tools at the same time, Memecoin.Fun is entering a market that already includes projects competing for token creators and traders on Robinhood Chain. The funding announcement did not provide a release schedule for its launchpad, bridge, or multichain product.　　Funding targets launch and cross-chain tools　　Memecoin.Funs financing arrives as token issuance platforms prepare new products for the recently launched Ethereum Layer 2 network. Robinhood Chain has focused on bringing traditional financial assets on-chain, but early trading has been led mainly by speculative tokens, according to data

07-25Industry

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