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Binance announced that it delisted eight cryptocurrencies from its on-chain trading platform, Binance Alpha, at 10:30 a.m. UTC on June 30. The delisted assets are TTD, OIK, LUNAI, TOWN, VINU, PUP, CYPR, and DGRAM.

Chile's Financial Market Commission (CMF) has revoked the license of cryptocurrency exchange Plusspay after confirming its ties to the Venezuelan criminal organization Tren de Aragua, local media outlet Livecoins reported. The exchange is now prohibited from accepting new customers and can only conduct operations necessary to return funds to existing users.

Ripple (XRP) is once again testing the $1 support level, and a failure to hold it could see the price fall to $0.8, according to an analysis by CryptoPotato. The outlet noted that this is the third time XRP has tested this support in the past two weeks. A bearish sentiment currently prevails, as buying pressure has failed to lift the price following these tests. If downward pressure intensifies this week, the $1 support level could be breached and turn into resistance. In such a scenario, the next major support is located around the $0.8 mark. XRP is currently trading at $1.04, down 1.05%, according to CoinMarketCap.

The spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot trading pair. The top section shows a volume heatmap, while the bottom displays the CVD. - The volume heatmap tracks trading volume at specific price levels. The background brightens when the price lingers in a range or moves significantly, with these brighter zones potentially acting as support or resistance. - The CVD indicator shows buy and sell orders categorized by size. As buy orders for a specific size category increase, the corresponding colored line rises. The yellow line represents orders between $100 and $1,000, while the brown line indicates large-scale orders between $1 million and $10 million.

Cardano (ADA) founder Charles Hoskinson said the measure of the project's success is its ability to become the world's top blockchain protocol, The Crypto Basic reported. During a recent live broadcast, he explained that his vision for Cardano's success is for it to return to its past peak performance and then far surpass that level. He emphasized that achieving a dominant position would enable the project to realize its long-term vision while also proving the strength of its ecosystem. Meanwhile, skepticism regarding Hoskinson's leadership is reportedly growing within the Cardano community. He has faced criticism for causing a sharp drop in ADA's price after mentioning the possibility of a chain split. He previously announced a temporary halt to his public activities, citing an inability to endure malicious comments and criticism from the community.

Coinbase announced in a blog post that it will provide the payment infrastructure for French fintech firm Spiko's European and U.S. short-term government bond money market funds (MMFs), enabling deposits and redemptions in USDC and EURC. This marks the first time a fund regulated under the European Union's UCITS framework has supported stablecoin payments. Through Coinbase Payments and Base, investors can put idle stablecoins into the short-term bond funds even on weekends and holidays. Upon redeeming their positions, they can receive USDC or EURC in their wallets within minutes.

The total value locked (TVL) in decentralized finance (DeFi) protocols temporarily fell below $70 billion on June 29, marking its lowest point since February 2024, ChainCatcher reported, citing data from DeFiLlama. This represents a 60% decrease from the approximately $171 billion recorded in October of last year. The TVL is currently around $70.129 billion. Additionally, according to DeFiLlama, the total market capitalization of stablecoins has decreased by 0.97% over the past week, while spot trading volume on decentralized exchanges (DEXs) has increased by 8.21%.

Crypto embedded wallet infrastructure provider Privy has announced a partnership with Stripe to enable its developers to issue cards linked to DeFi vaults. When a user makes a payment with the card, funds are withdrawn from the vault, unwrapped, and settled in a single transaction. The vault funds remain deposited until the moment of payment, eliminating the need for a separate withdrawal process. The card is a prepaid Visa debit card issued by Lead Bank and managed by Stripe.

Bitcoin traders are engaged in a fierce battle over the $60,000 level, a key psychological support and resistance line, CryptoPotato reported. The outlet noted that while traditional financial markets are showing optimism amid signs of renewed negotiations between the U.S. and Iran, Bitcoin began the week on a bearish note. A combination of persistent macroeconomic risks, geopolitical variables, and deteriorating sentiment in the crypto market is limiting any upward momentum. This atmosphere is reflected in spot ETF flows, with BlackRock's IBIT experiencing outflows of over $300 million yesterday. CryptoPotato explained that for short-term sentiment to improve, it is crucial for Bitcoin to reclaim $60,000 and establish it as a solid support level. Otherwise, the cryptocurrency could face a more significant decline.

South Korean cryptocurrency exchange Korbit has announced plans to sell 15 BTC and 60 ETH between July 3 and July 31. The purpose of the sale is to cover operating expenses, including labor costs.

Hyperliquid Strategies (Nasdaq: PURR), a publicly traded company focused on holding the digital asset Hyperliquid (HYPE), has been added to the Russell 3000 and Russell 2000 indices, The Block reported. The inclusion follows the company's addition to the S&P Global BMI earlier this month.

Cryptocurrency exchange Crypto.com has hired Iskandar Vanblarcum, who previously worked at the London Stock Exchange Group and Barclays, as its new managing director, The Block reported via X. Vanblarcum will be tasked with attracting institutional clients and driving the exchange's future businesses in prediction markets and tokenized real-world assets (RWA).

Ethereum Layer 2 project Taiko announced it has restarted its network after fully restoring its bridge collateral on a one-to-one basis. In a post on X, the project stated that all assets now correspond one-to-one with those on the Ethereum network, allowing users to resume normal transfers, swaps, and trades. Taiko added that its Ethereum bridge is scheduled to reopen soon. The network restart follows a phased recovery plan Taiko unveiled after a $1 million exploit occurred in one of its vaults on June 22.

U.S.-based unlisted mining firm Ionic Digital has pivoted to become an AI and high-performance computing (HPC) infrastructure provider and has applied for a direct listing on the Nasdaq, Cointelegraph reported. The company was formed by acquiring the mining equipment of the bankrupt cryptocurrency lender Celsius. The business transformation appears to be well underway, as the company's digital infrastructure leasing revenue reached $44 million in the first quarter, while its mining revenue fell 82% year-over-year to just $7.4 million.

According to Coinglass data, if BTC breaks through $61,115, short positions worth $902.36 million on major centralized exchanges (CEX) are projected to be liquidated. Conversely, if the price falls below $58,883, long positions worth $518.70 million will be liquidated.

Bitcoin is exhibiting an inverse correlation with the U.S. dollar-Japanese yen exchange rate, a trend that runs contrary to market concerns about the unwinding of the yen carry trade, CoinDesk reported. The 52-week correlation coefficient between the BTC/USD pair on Coinbase and the USD/JPY pair in the foreign exchange market is currently -0.90, its strongest negative correlation since the end of 2022. This means that Bitcoin has been falling when the dollar-yen exchange rate rises, signifying a decline in the yen's value. The outlet noted that conventional logic previously suggested a falling yen would coincide with a rise in BTC, while a strengthening yen would stimulate risk-off sentiment. For example, when the Bank of Japan raised interest rates in July and August 2024, causing the yen to surge, Bitcoin's price fell. "While correlation does not imply causation, a rebound in the yen could now potentially act as a downside support for BTC," the report explained.

Spanish coffee brand Vanadi Coffee announced it has purchased an additional 10 BTC, bringing its total holdings to 223 BTC. The company stated last year that it would pivot from its coffee business to a Bitcoin-focused strategy, announcing plans to invest a total of $1.1 billion to build its BTC reserves.

On-chain analyst Darkfost reported on X that asset managers have sold more than 100,000 BTC from spot Bitcoin ETFs this year amid sustained outflows. He noted that this figure represents only the net outflows for the current year. Since October of last year, when BTC reached its peak price, the total amount sold exceeds 160,000 BTC, with the value of the outflows estimated at over $11 billion. Darkfost also pointed out that the current realized price for BTC holders is around $73,000, meaning most investors are at a loss. He added that the downturn is affecting all market participants, including institutional investors like BlackRock.

Binance has announced the delisting of nine spot trading pairs, effective at 3:00 a.m. UTC on July 3. The affected pairs are BIGTIME/USDC, BTC/EURI, CTK/BNB, CTK/BTC, ETH/EURI, ETH/PLN, GUN/BNB, JST/BTC, and ZEN/BTC.

Binance Japan has appointed Arisa Toyosaki, co-founder of the DeFi options protocol Cega, as its new representative, The Block reported. The current representative, Takeshi Chino, is set to become Chairman Emeritus and a board member.

The Ethereum Foundation has staked 4,938 ETH ($7.86 million) on Lido, Onchain Lens reported.

The South Korean government may impose access restrictions on DeFi services, treating them as unlicensed businesses, BloomingBit reported exclusively. The move follows the release of a government-commissioned study by the Korea Institute of Finance (KIF) in the first half of this year, which argued for regulatory intervention in the DeFi sector. The KIF report recommended classifying decentralized operators as "unlicensed virtual asset service providers" due to the difficulty of establishing regulatory jurisdiction. It proposed that authorities should "actively utilize measures such as restricting access for domestic users and limiting transactions." The institute also suggested that anti-money laundering and countering the financing of terrorism (AML/CFT) regulations should be broadly interpreted to apply to DeFi services. South Korea's Financial Services Commission (FSC) commissioned the study in the second half of last year to help draft a foundational digital asset law. As government ministries typically use such reports as a key basis for legislation, the study's recommendations are likely to be reflected in the government's future bill.

U.S. investment bank Benchmark has maintained its "Buy" rating and $570 price target for MicroStrategy (MSTR). This implies a potential upside of approximately 515% from the stock's closing price of $92.68 on June 29.

Despite Bitcoin's price approaching their average cost basis and their profitability hitting a three-year low, long-term holders (LTHs) continue to accumulate rather than sell, according to crypto analyst Axel Adler Jr. He noted that the supply held by LTHs has reached an all-time high of approximately 16.1 million BTC. On-chain data shows the LTH MVRV (market value to realized value) ratio has dropped to 1.24, nearing its lowest level in three years. While the MVRV has not yet entered the "capitulation" zone, it is approaching it. Historically, a drop to around the 1.0 level has often signaled a market cycle bottom. However, Adler warned that if the BTC price falls below the LTH average cost basis of $48,400, selling pressure could intensify.

Australia is set to fully implement the crypto Travel Rule starting July 1, Cointelegraph reported. Under the new regulations, users of regulated crypto exchanges in the country will be required to submit additional information for all deposit and withdrawal transactions, regardless of the amount. This approach is similar to that of countries like France, the Netherlands, and Japan, which have no minimum transaction threshold. In contrast, the U.S. only requires information collection for transactions exceeding $3,000.