Latest Crypto News & Market Updates

Dogecoin price tests critical support as Wall Street ETF demand vanishes

Dogecoin price has fallen 3.17% to $0.071 on July 17 as its exchange-traded funds completed one month without recording fresh inflows.　　SoSoValue data shows that U.S. Dogecoin ETFs attracted no new capital between June 17 and July 17, despite the meme coin gaining additional exposure through T. Rowe Prices newly launched active crypto fund. The products also posted $871,000 in net outflows during July.　　The weak ETF figures have accompanied a steep decline in DOGE, which has lost about 54% since reaching $0.156 in January. Dogecoins latest drop has brought the token back to a support area that buyers have repeatedly defended since late June.　　During the same period, the meme coin sector has suffered a $1.2 billion sell-off, according to the original market report. The decline indicates that T. Rowe Prices entry has yet to revive demand for DOGE among retail or institutional investors.　　T. Rowe Price exposure has failed to revive DOGE demand　　T. Rowe Price launched its first actively managed cryptocurrency ETF on July 16, adding Dogecoin alongside Bitcoin, Ethereum and several other digital assets. The asset manager oversees about $1.8 trillion and supplied $15 million in seed capital to the fund.　　According to the fund allocation, Dogecoin received a 1.28% weighting. The

07-18Industry

Argentina Freezes 25 Crypto Accounts: Investigation of LIBRA Memecoin

Key Takeaways:Argentine authorities froze 25 crypto wallets linked to the LIBRA token and requested user data from major exchanges.Investigators traced funds across Solana and Tron, uncovering cross-chain transfers and transaction-splitting activity.The case highlights the growing use of blockchain forensics and exchange KYC data in crypto investigations.　　A federal court in Argentina announced the freezing of dozens of crypto wallets belonging to the investigation of the controversial LIBRA token, entering a new stage. The action is designed to stop more transfers from taking place and to identify the people behind the wallets and track the movement of money through several different blockchain networks.　　Argentina Targets 25 Wallets in LIBRA Investigation　　A federal judge ordered the freezing of 25 cryptocurrency wallets that are suspected to be involved in the investigation of the LIBRA cryptocurrency token. The decision also requires Binance, Bybit, OKX, CoinEx, Bitfinex, and FixedFloat, the six biggest crypto exchanges, to share Know Your Customer (KYC) data, transaction logs, IP logs, linked bank accounts, and other account information for the addresses being flagged.　　Discover more　　Content Management　　Merchant Services & Payment Systems　　Engineering & Technology　　The order comes after Argentinas Federal Police cybercrime unit carried out a technical investigation to trace digital assets from a group of wallets they

07-18Industry

Bitcoin slides toward $63,000 as Coinbase premium stays negative for a record 60 days

Quick TakeBitcoin slid below $63,000 on Friday as the semiconductor selloff dragged crypto into a broader risk-off move, with Strategys MSTR and STRC both falling alongside it.The Coinbase Bitcoin Premium Index has stayed negative for 60 straight days, a record stretch that points to soft U.S. institutional demand, according to Coinglass.　　Bitcoin fell below $63,000 on Friday as analysts flagged a sell-off across semiconductor stocks, pulling crypto into a wider risk-off move.　　The decline extends a slide that has left bitcoin (BTC) well below the highs that drew late-cycle buyers earlier this year. Bitcoin fell by more than 1.5% and failed to hold above $63,000, according to Simon-Peter Massabni, head of business development at XS.com. The pullback tracked weakness in equities. The Nasdaq 100 closed about 1.6% lower in the prior session, Massabni wrote, with the spillover reaching Strategys shares as MSTR fell 3.5%, and STRC fell 2.7%.　　Strategys preferred stock is also drawing particular attention. STRC, the companys largest preferred series by capital raised, closed at $85.4 against a $100 par value, a discount Massabni reads as investor caution about the funding model. Strategy has continued raising capital through common stock issuance and its other preferred series this year.　　The company holds roughly

07-18Industry

Florida Man Charged in Video Game Malware Scheme That Stole Crypto

FBI says malware hidden in video games infected 8,000 devices and stole more than $220,000 in cryptocurrency.Prosecutors allege the group used social media and bots to target crypto holders with malware-laced games.Investigators traced crypto payments and online accounts to a Florida man now facing federal charges.　　Federal authorities have arrested a Florida man accused of helping run a malware scheme hidden inside video games that allegedly stole more than $220,000 in cryptocurrency. Prosecutors said the malicious software was disguised as legitimate games on a major gaming platform and infected about 8,000 devices.　　According to a 15-page federal criminal complaint filed in the Southern District of Florida, authorities allege that 21-year-old Zyaire Dontaevious Zamarion Wilkins of North Lauderdale helped fund, promote, and support the operation between May 2024 and February 2025.　　The malware allegedly targeted cryptocurrency users, stole sensitive information, and drained about 80 digital wallets. Wilkins has been charged with conspiracy to obtain information by computer for private financial gain and faces up to 10 years in prison if convicted.　　Malware Hidden Inside Popular Games　　The FBI said the group hid malware inside eight video games and persuaded users to download them. Investigators did not identify the distribution platform by name, but details in the

07-18Industry

Binance Lists Aerodromes AERO Token With Seed Tag, Unlocking Base DeFi For Global Traders

Binance will open spot trading for Aerodrome Finance‘s AERO token at 19:00 UTC+8 on July 17, pairing the asset with USDT, USDC, and the Turkish lira. The exchange is applying its Seed Tag to AERO from the outset, the original report from WuBlockchain confirmed, marking the world’s largest crypto venues first direct listing of a Base-native decentralized exchange token.　　The listing comes while deposits will only open an hour after trading begins, and withdrawals are scheduled for 19:00 UTC+8 on July 18. That sequencing tends to create a period where early price action relies on existing off-exchange supply, often triggering volatility before the full market can rebalance. For AERO, that could mean a sharp initial move before selling pressure from depositors kicks in.　　Why Aerodrome Matters for Base　　Aerodrome is the central liquidity engine on Base, the Layer 2 network incubated by Coinbase. The protocol uses AERO to reward liquidity providers and to operate its vote-lock governance model, giving users a direct stake in directing emissions. In practice, it functions as a DeFi hub where trading, incentives, and protocol control are tightly bundled, making it critical infrastructure for Bases on-chain economy.　　Binance‘s decision to list a token so closely tied to a single L2

07-18Industry

Trump Again Decries ‘Deranged’ Reflecting Pool Vandals—With Scant Evidence

Topline　　President Donald Trump decried the “Deranged Vandals” whom he alleges made a 300-yard gash in the Lincoln Memorial Reflecting Pool Friday morning, vowing the accused will be “prosecuted to the MAX”—but photos of the now-drained pool do not appear to show such a cut.　　Trump has claimed vandals made a 300-yard gash in the Lincoln Memorial Reflecting Pool. (Photo by Kevin Carter/Getty Images)　　Getty Images　　Key Facts　　Trump, in a Truth Social post on Friday morning, again claimed the pool was “so badly damaged by Deranged Vandals” and was “emptied as the massive slash gets repaired.”　　The pool began draining earlier this week and appeared to be mostly empty by Wednesday, though photos of the drained pool and reporters on the ground dispute Trumps claim there is a massive gash in the liner.　　Discover more　　Content Management　　Financial Markets News　　Photo & Image Sharing　　Trump said workers repairing the pool are “looking for a Vandal Proof material, but such a thing should not have been necessary,” adding, “What kind of animals would do such a thing？”　　Trump has gradually increased the severity of the alleged gash in recent weeks, first saying it was 250 feet long, then 300 feet long, until he said earlier this week the gash is 300 yards

07-17Industry

Inside Robinhoods high-stakes bet to onboard 10 million casual users onto decentralized finance

Robinhood Chain briefly climbed to No. 2 in decentralized exchange (DEX) trading volume over the last weekend, prompting comparisons with some of cryptos largest networks. But Robinhood says those comparisons miss the point.　　The popular trading app argues that its opportunity is not to take volume from established crypto-native venues, but rather to leverage Robinhoods more than 10 million active users to bring new investors into tokenized assets and onchain derivatives.　　“Our opportunity isnt to take volume from existing crypto traders. Most people have never touched a perpetuals contract, not necessarily because they dont want exposure, but because the on-ramps have never been there. Were changing that,” Seong Seog Lee, Head of Product at Robinhood Crypto, told CoinDesk.　　“Users in over 120 countries can now access gold, silver, FX and crypto perps on Lighter directly within Robinhood Wallet,” Lee said.　　The bet appears to be that distribution, consumer relationships and wallet integration can bring its users, who may not be using onchain finance, into blockchain markets without requiring them to seek out specialist crypto platforms.　　The challenges right now are that the networks activity remains concentrated in speculative memecoin trading, while its original pitch for real-world asset business remains small. Robinhood Chain generated about $878

07-17Exchange

US Dollar: Risk-off support and DXY downside risks – Scotiabank

Scotiabank‘s Shaun Osborne and Eric Theoret note the US Dollar (USD) is broadly firmer as risk aversion dominates, with equities weaker and Oil higher. The US Dollar Index’ (DXY) broader drift from late June highs has stalled around 100.5 support, but late-week price action still threatens a bearish weekly close. They argue OIS pricing for a year-end Fed hike remains too rich, implying USD downside as swaps reprice.　　Risk-off flows and Fed repricing　　“Overall movement across asset classes this morning reflects a classic ”risk off“ swing in trading. The equity screens are a sea of red on renewed concerns about the tech/chip cycle and escalating US/Iran attacks. Bonds are mostly firmer across core markets, with Treasurys outperforming modestly.”　　“The broader drift in the DXY from the late June high has extended this week around the weak inflation data but DXY support around the 100.5 point has effectively held. Late-week trading has been a bit more positive for the USD, but the DXY still risks closing the week on a bearish technical note—which will point to more losses ahead—unless it can rally significantly over the balance of the session.”　　“Generally, we continue to think that OIS pricing for a Fed hike by year-end is too

07-17Industry

Investors Push $79M Into Bitcoin ETFs as Ether Funds Lose $28M

Key TakeawaysBlackrock led bitcoin ETFs to $79.15M inflows on July 16, while ether funds lost $28.04M.Bitcoin‘s 3-day streak and XRP’s $6.78M gain showed demand shifting away from ether.T. Rowe Prices TKNZ launched with 6.45% in HYPE, widening access to multi-token ETFs.　　Bitcoin ETFs Extend Their Inflow Streak to Three Days　　Wall Streets crypto trade moved in two directions at once. Bitcoin ETFs extended their inflow streak to a third session as ether products slipped back into redemptions, showing that investors remain selective even as money returns to parts of the market.　　Bitcoin Draws the Cash as Ether Loses Ground　　Three funds accounted for all of bitcoin‘s $79.15 million net inflow. Blackrock’s IBIT led with $33.44 million, followed closely by Fidelity‘s FBTC at $30.73 million. Bitwise’s BITB added the remaining $14.98 million.　　Trading activity remained firm. Total value traded reached $997.79 million, while combined net assets ended the session at $77.72 billion.　　Discover more　　Digital Currencies　　Photo & Image Sharing　　financial　　Three green days in a row for bitcoin ETFs. Source: Sosovalue　　Ether ETFs told the opposite story. Grayscale‘s Ether Mini Trust recorded the largest withdrawal at $14.28 million. Fidelity’s FETH lost $11.20 million, and Grayscales ETHE shed $4.84 million.　　Bitwises ETHW was the only fund to attract capital, taking in $2.28 million.

07-17Industry

Dutch crypto exchange collapses exposing customer balances’ true value amid multi-million-euro hole

Dutch crypto exchange Knakens operating company and its affiliated payments foundation entered court-controlled bankruptcy on July 16 after the Rotterdam District Court found that the exchange could not repay customers in full.　　The court said customers were locked out, payments had stopped, and a substantial coverage deficit had not been disclosed.　　The Dutch Public Prosecution Service told the court that about €7 million was missing from customer balances. The order confirms that management will not control the wind-down. Trustee C.F.W.A. Hamm now has authority over both Knaken Cryptohandel B.V. and Stichting Knaken Payments.　　Court control replaces Knakens payout plan　　Knaken argued that bankruptcy was unnecessary. It said criminal asset seizures, the service shutdown, and its custody structure already protected customers, and proposed an independent verification process followed by its own distribution protocol. The court rejected that route and put an outside trustee in charge.　　The public-interest petition took an unusual route. Prosecutors stepped in after blocked accounts and poor disclosure left customers unable to determine where they stood or to file a meaningful bankruptcy petition. Court control gave them a process outside the exchanges own books and proposed payout system.　　The Dutch bankruptcy trustee works for the collective body of creditors under a supervising judge. The

07-17Industry

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