Crypto News & Market Telemetry
Institutional-grade market intelligence, breaking protocol news, and macro signals powered by the Squaby Telemetry Desk.
Bitcoin Holders Warned of Replay Risk in BIP-110 Fork
Bitcoin holders may face a replay risk if they sell forked coins during a potential BIP-110 minority chain event, according to a developer warning. Experts say staying inactive until the chains are clearly separated may be the safest strategy.
Trump Media Drops Crypto Treasury and Prediction Plans
Trump Media is ending two major Crypto.com partnerships, stepping away from plans to build a crypto treasury and enter prediction markets. The shift signals a broader pivot toward media, data licensing, and a proposed merger with fusion energy firm TAE.
Justin Mateen Adds $2M in American Bitcoin Shares
American Bitcoin director Justin Mateen boosted his stake by buying more than 306,000 ABTC shares over two days, investing nearly $2 million after the company’s latest earnings report. The move raises his holdings to more than 492,000 shares and signals continued insider confidence in the Trump-backed Bitcoin miner.
Trump Media Ends Crypto.com Deal Over CRO Treasury Plan
Trump Media is reportedly unwinding its agreement with Crypto.com that aimed to build a multibillion-dollar CRO treasury and bring prediction markets to Truth Social. The move could reduce near-term speculative momentum around CRO while highlighting the volatility of celebrity-linked crypto partnerships.
Trump Media Drops Crypto.com CRO Treasury Plan
Trump Media has abandoned its planned treasury deal involving Crypto.com's CRO token, signaling a sharper retreat from digital assets as the company refocuses on media operations and its pending merger with a fusion energy firm. The move also reflects fading momentum in the broader crypto treasury boom that once drew public companies into token accumulation strategies.
US Treasury Sanctions 2 Iran-Linked Crypto Exchanges
The US Treasury’s OFAC has sanctioned an individual and two Iran-linked crypto exchanges accused of helping launder roughly $5 million in digital assets tied to Iran. The move underscores Washington’s escalating use of sanctions to disrupt crypto-enabled evasion networks and could pressure compliance across exchanges and OTC desks.
U.S. Expands Iran Crypto Sanctions on Two Exchanges
The U.S. Treasury has imposed fresh sanctions on Shelbit and Aban Tether as part of a broader push to restrict Iran’s access to cryptocurrency and foreign currency rails. The move highlights Washington’s growing focus on crypto infrastructure used to bypass financial restrictions.
Reform UK Seeks Probe Into SBF-Linked Crypto Donation
Reform UK’s chair is urging an investigation into a political donation tied to FTX founder Sam Bankman-Fried, adding fresh scrutiny to the intersection of crypto money and UK politics. The move comes as the party’s leader faces pressure over his own crypto-related controversy.
Circle Brings USDC to OKX via X Layer Launch
Circle has expanded USDC support into the OKX ecosystem through the launch of X Layer, giving users native access to the stablecoin and crosschain transfer capabilities. The move strengthens USDC’s multichain reach and could improve liquidity, settlement speed, and onchain utility across OKX-linked products.
Crypto Firms Are Starting to Operate Like Banks
Crypto’s most profitable businesses are increasingly tied to banking-style activities such as stablecoin reserves, tokenized funds, Treasury yields, and balance sheet optimization. This shift is reshaping how digital asset companies generate revenue and compete with traditional financial institutions.
Bitcoin Hits $65.3K as Weak US Jobs Data Lifts Crypto
Bitcoin climbed to an August high above $65,000 after softer-than-expected US nonfarm payrolls data boosted expectations for earlier Federal Reserve rate cuts. The move lifted risk assets broadly, with traders watching whether BTC can sustain momentum above key resistance levels.
Crypto Today: Bitcoin, DeFi and Regulation Shifts
Crypto markets are navigating a fast-moving mix of Bitcoin price action, DeFi developments, Web3 adoption, and regulatory headlines. Here’s a concise breakdown of the key trends traders and investors should watch today.
Russia Shuts 9 Crypto Exchanges in Moscow Crackdown
Russian authorities have closed nine unregistered crypto exchanges in Moscow City, alleging the venues were used to move scam proceeds linked to Ukrainian call center fraud. The move highlights rising regulatory pressure on informal crypto cash-out networks and could tighten compliance across Russia’s digital asset market.
Binance Bitcoin Futures Hit Record 8x Spot Volume Gap
Binance has recorded an unprecedented gap between Bitcoin futures and spot trading, with derivatives volume surging to nearly $58 billion and outpacing spot by roughly eight times. The divergence highlights rising speculative positioning, stronger leverage demand, and a market increasingly driven by short-term sentiment.
Stripe-Backed Bridge Enters EU MiCA Register After Approval
Stripe-owned Bridge has been added to the EU’s MiCA register after securing approval in Luxembourg, marking another step toward regulated crypto operations in Europe. The move strengthens Bridge’s position under the bloc’s unified crypto framework and may accelerate institutional adoption.
CleanSpark Misses Revenue Forecast as Shares Drop 5.5%
CleanSpark reported $138 million in quarterly revenue, slightly below Wall Street expectations, triggering a 5.5% share decline. The results highlight the pressure Bitcoin miners face from volatile BTC prices, rising operational costs, and investor scrutiny over profitability.
Coldcard Hack Drives July Crypto Losses to $247M
A major Coldcard exploit that reportedly drained more than $100 million helped push July 2026 crypto thefts to $247 million, making it the second-worst month of the year. The incident underscores how wallet security failures can rapidly amplify systemic losses across the digital asset market.
CLARITY Ethics Deal May Let Trump Defer Tax on Crypto Sales
A proposed bipartisan ethics amendment to the CLARITY Act could force Donald Trump to divest crypto-related holdings while potentially allowing him to defer capital gains taxes on those sales. The structure may reduce his immediate tax bill by millions, according to Bloomberg.
Japan FSA Pushes Crypto Exchanges to Delay Withdrawals
Japan’s Financial Services Agency is urging crypto exchanges to add withdrawal delays, address registration, and tighter authentication to reduce account takeovers and scam-related losses. The move signals a broader regulatory push to harden exchange security without shutting down crypto activity.
Bitget Moves Toward Licensed Crypto Presence in Bhutan
Bitget has signed an agreement with Bhutan’s Gelephu Mindfulness City Authority to explore a regulated local crypto presence. The move signals growing exchange interest in jurisdictional expansion through compliant, government-backed frameworks.