🔥 US Tech Giants Lock In $850B in AI-Focused Data Center Leases Companies committed a record $850 billion to data center leases, a 204% year-over-year surge, according to the data. The spending spike reflects the accelerating race to build out AI infrastructure.
🚀 VALR Taps Hyperliquid for Perpetuals VALR, Africa's largest crypto exchange, will use Hyperliquid's onchain liquidity for its perpetuals trading, per the announcement.
🤑 Nearly 1M Trump Memecoin Buyers Face $3.81B in Losses Nearly one million buyers of the Trump memecoin have lost money, with total collective losses reaching $3.81 billion, per data. At its peak, the coin was valued around $75; it now trades below $2. Trump earned $1.4 billion in 2025 from crypto, including the $1 memecoin.
🇿🇦 South Africa’s tax authority proposes crypto tax guidance. South Africa’s revenue service has issued draft guidance clarifying how crypto assets are taxed under existing income and capital gains tax rules. The proposal is open for public comment until Aug. 31, according to a Cointelegraph report.
📊 $ETH controls 87% of stablecoin supply. Ethereum's share of stablecoins reached 87%, per latest data. The dominance reflects its role as the primary platform for stablecoin issuance and transactions.
🚀 Moonbeam Pivots from Polkadot to Base, Unveils AI Agent Framework Moonbeam announced a strategic shift from the Polkadot parachain to the Base network, alongside the introduction of an AI agent framework. The project did not specify a launch timeline for the AI platform but instructed $GLMR token holders to bridge their assets from Polkadot to Base by July 31, according to Cointelegraph.
🔒 Aptos Blockchain Flaw Found by Ethical Hackers Ethical hackers discovered a critical flaw in the Aptos blockchain that could have put $70 billion in crypto at risk, according to Coindesk. The vulnerability, which has since been patched, gave researchers a near-90% success rate at breaking a core security guarantee. Attack costs were estimated at just hundreds of dollars using a $3,000 server.
📈 Bitcoin Breaks $63K, Reversing Late-June Decline Bitcoin climbed above $63,000, reaching its highest level in over a month during thin July 4 trading, according to Coindesk data. XRP led gains among major cryptocurrencies, rising 5% in the past 24 hours.
⚽ Kalshi posts record June trading volume. Kalshi recorded its highest-ever monthly trading volume in June, driven by increased activity in prediction markets surrounding the expanded FIFA World Cup, according to DefiLlama data.
📉 Trump-Branded Tokens See $3.8B in Buyer Losses Blockchain data shows buyers of Donald Trump's crypto tokens are down a combined $3.8 billion, per CoinDesk. The $3 token has fallen 96% from its all-time high, while 85% of secondary market wallets for the $TRUMP token are underwater.
📉 EU Regulators Target Prediction Market Access for Retail EU regulators are moving to block retail investors from participating in the multibillion-dollar prediction market sector, according to Coindesk. The region's authorities stated that a product's actual function as a derivative takes precedence over its commercial name or labeling when determining compliance.
🇬🇧 UK FCA's Crypto Framework Faces Compliance Hurdles The UK's Financial Conduct Authority (FCA) has released a new crypto regulatory framework aimed at boosting global liquidity and institutional adoption, according to Coindesk. The authorization process for firms is expected to be "daunting," with significant compliance hurdles threatening the rollout.
🇺🇸 USA holds 2.8x more $BTC than all other countries combined, according to data. The United States government's Bitcoin stash is nearly three times the total held by every other nation. This figure includes seized assets.
🔴 Tether ($USDT) Delisted by European Fintech Giant A major European fintech company has announced the delisting of Tether ($USDT), according to a report from U.Today. This decision comes as the European Union's Markets in Crypto-Assets (MiCA) regulatory framework enters full effect.
🇺🇸 US national debt hits a new all-time high of $39.4 trillion. This marks the highest level ever recorded for the country's total outstanding debt. The figure reflects ongoing government spending exceeding revenue.
📈 XRP Rises 8% as Holder Losses Hit Record Lows XRP gained 8% in the last 24 hours, according to Coindesk data. The token's 30-day and 365-day MVRV ratios sit near -45% and -47%, levels Santiment reports XRP has never reached before.
🚨 US Law Enforcement Drops Opposition to CLARITY Act The Major County Sheriffs of America has withdrawn its opposition to the CLARITY Act, according to a report from Cointelegraph. The group stated it still seeks amendments to the bill to provide local law enforcement with additional resources for investigating illicit finance cases.
🚨 XRP Phishing Campaign Targets Wallets A sophisticated phishing campaign is distributing fake NFT tokens to XRP users, designed to drain their crypto wallets. The fraudulent tokens, disguised as Ripple payout rewards, are being mass-distributed to trick holders into connecting their wallets, according to a report from U.Today.