Bitcoin Magazine

JPMorgan analysts argue that private blockchains, not MicroStrategy's Bitcoin sales, pose the greater threat to Bitcoin. They warn that institutional adoption of permissioned blockchains with regulatory compliance could shift tokenization, payments, and settlements away from public networks like Bitcoin and Ethereum, reducing liquidity and capital flows. The report highlights risks from tokenized deposits, central bank digital currencies, and real-world asset tokenization migrating to private infrastructure.

Public companies added nearly 9,000 BTC in June using preferred shares to fund purchases, but a market downturn triggered margin calls for leveraged investors in instruments like STRC and SATA. Prices for these shares fell below par in June before recovering by early July, with both Strategy and Strive maintaining dividend payments.

Bitcoin fell to $62,000, trimming a rebound from last week’s $57,700 low to $64,000. CryptoQuant’s report suggests potential for further gains despite a bear-market context, citing seasonal trends and improving demand metrics.

Bull Bitcoin, a French Bitcoin-only exchange licensed under MiCA, is challenging France’s DAC8 crypto data surveillance rules in court, arguing they create an insecure database risking user safety. The company claims DAC8’s data collection exacerbates physical threats to crypto users, citing rising kidnappings and attacks in Europe, particularly France.

Schwab's Jim Ferraioli supports Strategy's STRC stock strategy amid Bitcoin's decline near $60,000. Strategy, the largest corporate Bitcoin holder, raised STRC's dividend to 12% and authorized $2 billion in buybacks to stabilize its stock, which had fallen from $100 par value. The firm shifted from a 'never sell' Bitcoin stance to strategic sales, acknowledging market concerns about cascading liquidations.

Cantor SPAC and Adam Back’s Bitcoin Treasury have agreed to renegotiate their merger terms, abandoning the original July 2025 agreement. The revised structure aims to align with current market conditions, with a postponed shareholder meeting and returned public shares. The original deal aimed to take Bitcoin Standard Treasury public with 30,021 bitcoin, valued over $3 billion, but faces challenges due to a slump in the bitcoin treasury model.

Polymarket, a crypto-native prediction market, now supports instant Bitcoin deposits via the Lightning Network using Spark's infrastructure. This update offers faster, more private transactions compared to previous on-chain methods, reducing wait times and fees. Spark handles validation and confirmation risks, enabling self-custodial deposits tied to user keys.

Kraken's parent company Payward seeks a final judgment against former auditor Mazars USA after a $22 million arbitration award. The dispute began when Mazars withdrew from Kraken's 2022 audit, leading to significant financial costs. Kraken is pursuing a European banking license amid broader regulatory challenges, including those under Operation Chokepoint 2.0.

Vanguard, a major asset manager, has begun searching for a head of digital assets to develop its strategy in cryptocurrency and blockchain-based finance. The role involves evaluating areas like tokenization, stablecoins, and digital wallets, though Vanguard has not announced plans to launch its own crypto investment products.

New Hampshire’s $100 million Bitcoin-backed municipal bond awaits final approval from the state’s Executive Council. The bond, backed by Bitcoin collateral from CleanSpark, aims to fund investment programs without exposing taxpayers to cryptocurrency volatility, but carries a speculative 'Ba2' rating from Moody’s due to credit risk.

SpaceX's inclusion in the Nasdaq-100 Index introduces Bitcoin exposure to passive investors through corporate treasury holdings. The company's 18,712 BTC balance sheet disclosure and estimated $4.3 billion in index-driven inflows highlight a structural channel for institutional Bitcoin access.

Bitcoin Suisse has obtained a Financial Services Permission from Abu Dhabi Global Market's FSRA, enabling its subsidiary BTCS ME to offer regulated digital asset services in the UAE. The Swiss firm, which safeguards $3.7 billion in crypto assets, aims to expand its institutional-grade custody, trading, and risk management services to the region as part of its global growth strategy.

American Bitcoin Corp (ABTC), a Trump-backed subsidiary of Hut 8 Corp, increased its bitcoin treasury to over 8,000 BTC, a 50% rise from 5,401 BTC at the end of 2025. The growth stems from mining operations and treasury purchases, with a 30% increase in holdings during Q1 2026. The company also executed a 1-for-15 reverse stock split and expanded mining capacity in Alberta.

Tether and UTEXO are launching Bitcoin-native USDT via the RGB protocol and Lightning network, enabling private, instant settlements. The integration leverages Bitcoin's UTXO model for security and privacy, contrasting with address-reuse practices on EVM blockchains. UTEXO aims to compete with TRON's dominance in USDT volume.

President Trump indicated openness to including Bitcoin in Trump Accounts, a new savings program, and described himself as 'a big fan of crypto.' He emphasized the strategic importance of the U.S. leading in cryptocurrency to counter China and highlighted Bitcoin's growing influence and appeal.

Sberbank, Russia’s largest bank, plans to launch a cryptocurrency wallet and digital depository by December 2024 following the enactment of new crypto legislation. Kirill Tsarev of Sberbank and Vladimir Chistyukhin of the Central Bank confirmed the timeline, with the law expected to take effect on September 1, 2024.

Strive (ASST) purchased 17.76 bitcoin at an average price of $59,850, bringing its total holdings to 19,882 coins. The company acquired 6,236 bitcoin in Q2 2025 at $74,290 per coin, reporting a 24.0% bitcoin yield for the quarter despite a decline in bitcoin’s price from $114,332 in September 2025 to $58,631 by quarter-end.

Strategy (MSTR) sold 3,588 bitcoin for $216 million to fund dividends on its preferred securities, marking its largest bitcoin disposal. The company held 843,775 bitcoin and $2.55 billion in cash as of July 5, 2026.

Bitcoin exchange inflows surged to 49,000 BTC in a day, with similar patterns historically preceding price declines. Ethereum inflows exceeded 1.25 million ETH, and altcoin deposits hit a two-month high, yet Bitcoin's price rose above $60,000 despite the data. The report highlights large deposit sizes as a bearish signal, but macroeconomic factors like Fed commentary influenced the recent price rebound.

Wavespace, a Bitcoin neobank in the Eurozone, has launched a MiCA-compliant self-custodial Bitcoin debit card using Lightning Network and Nostr Wallet Connect (NWC) technology. The card automates fund transfers from self-custodial wallets to maintain a minimum balance, eliminating custodial preloading and enhancing privacy through off-chain Lightning transactions.