BlackRock Trims AI Stock Exposure but Remains Bullish, Executive Says
The $13.9 trillion asset manager reduced its direct AI holdings, but CIO Rick Rieder reaffirms long-term confidence in the sector.
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Original coverage across the crypto market, updated daily.
The $13.9 trillion asset manager reduced its direct AI holdings, but CIO Rick Rieder reaffirms long-term confidence in the sector.
Senator Ron Wyden urges retaining protections for blockchain software developers in the broader crypto bill.
EMURGO steps down from Cardano's Pentad governance body citing the SecondFi exploit, sending ADA down 5%.

Australian crypto exchange Swyftx plans to offer payment services after obtaining a regulatory license.

European Parliament to hold another vote on extending surveillance rules that critics say threaten encryption.

Visa data shows Base handling $565B in stablecoins, signaling a shift in crypto payments to Layer 2 networks.
Vanguard is creating a digital asset roadmap with a new head of crypto, but remains opposed to a Bitcoin ETF.

A crypto trader suffered a $2 million loss after a same-block backrun extraction exploit.
Attackers exploited weak seed phrases generated by the Ill Bloom bug, stealing $3.1 million from 431 wallets.
JPMorgan advises buying the dip in AI chip stocks, while Morgan Stanley recommends investing in hyperscalers instead.
Sovereign wealth funds gain crypto exposure mainly through ETFs, stocks, and venture capital, not direct token holdings.
Investment bank Goldman Sachs now predicts the yen will weaken to 165 per dollar within a year, citing persistent interest rate differentials.
Paolo Ardoino warns Big Tech's AI infrastructure spending may face systemic mismatches.

Dubai leads Asian crypto hub rankings, India isolates banks from crypto, SBI Crypto shuts down major mining pool, and Russia advances digital ruble.
Meme coin dominance fell to 3.7%, its lowest level in over a year, as investors rotate capital toward utility-focused tokens.

Bitcoin recovers from recent pressure, with ETF inflows still a key market driver.

Ethereum co-founder shares key focuses for a new roadmap aimed at privacy and scalability.

Bitcoin rose above $62,000 after a disappointing US jobs report lowered expectations for a near-term Fed rate hike.

EU regulators say derivative function outweighs labeling in assessing compliance.

Pauline Shangett explains the infrastructure powering the non-custodial exchange's simple interface.

The metric suggests a potential market bottom, with analysts offering differing strategies.
Unconfirmed on-chain data suggests MicroStrategy sold 491 BTC on July 1, but Bitcoin price showed little reaction.
Decentralized perpetual futures platforms are outpacing centralized exchanges, with Grvt emerging as a key player.

Peter Stokes, 19, faces US charges for role in failed $8 million crypto ransom scheme.