Prior massive withdrawal: In May and June, Chun Wang withdrew 91,945 ETH ($160M) and 973 WBTC ($61M) to cold wallets and DeFi protocols. Strategy shift: Starting July 2, the F2Pool co-founder initiated continuous deposits to Binance, including an initial 16,800 ETH.
Bitcoin (BTC) and the broader cryptocurrency market remained resilient on Monday despite weakness in AI-related technology stocks, setting the stage for what could be a pivotal week for digital assets. BTC traded near $65,000, up around 4% since Friday, while Ethereum (ETH) climbed to its highest level in nearly two months.
IREN ($IREN) is seeing heightened share-price volatility as it accelerates a high-stakes pivot from Bitcoin mining to AI cloud infrastructure, a transition investors increasingly view as a race between scale-up execution and valuation expectations. In the latest session, IREN shares traded in a wide range between $14.72 and $76.87 on a 52-week basis, with the stock recently closing at $36.29, down on the day.
If the longer-term downtrend is to continue, it would be more likely that Bitcoin climbs to take down the overhead liquidation levels before plunging southward
The approval of the amendments to the Financial Instruments and Exchange Act (FIEA) and the Payment Services Act, which occurred in July 2026, has reclassified crypto-assets as “financial instruments” under Japanese law.
Strategy is back in the spotlight after revealing its Bitcoin treasury could support shareholder dividends for the next 31 years, highlighting the extraordinary scale of its cryptocurrency holdings.
The market's underestimation of the Clarity Act could lead to rapid Bitcoin repricing, highlighting the need for investor vigilance on regulatory shifts. Charles Schwab crypto research head says Clarity Act not priced into Bitcoin.
Bitcoin mining difficulty is approaching its first annual decline in 17 years, reflecting major changes in miner activity and profitability. The network difficulty could fall from 148.3T to around 126.2T, although future adjustments before the end of the year may still change the final outcome.
Strive reaches 20,000 BTC after buying 79 more coins, while several corporate Bitcoin holders pause purchases or reduce reserves.
Bitcoin price trades below historical norms as MVRV data shows easing sell pressure, raising hopes of a rebound near the $65,000 level.
Bitcoin ETF outflows topped $475 million late last week, reversing recent gains and raising fresh concern among crypto investors.
Strive's Bitcoin strategy highlights a growing debate on treasury management, challenging traditional methods amid currency debasement concerns. Strive CEO Matt Cole addresses Bitcoin treasury criticism, says alignment runs deeper than critics think.