Ben Armstrong Calls Allegations ‘Diabolical,’ Alleges Bribery at BitBoy Crypto Network

Coinbase Global Inc. is set to launch US Perpetual-Style Futures on July 21, offering regulated perpetual futures contracts in the U.S. The move aims to address the gap in the domestic derivatives market and reduce reliance on offshore exchanges for U.S.-based traders.

Bakkt Holdings has filed with the U.S. SEC to sell up to $1 billion in securities for potential Bitcoin acquisitions. The registration acts as a pre-approved credit line for quick fund-raising based on market conditions.

Stablecoins like USDT and USDC are gaining strategic importance in Asia's financial sector, with major banks in Korea, Japan, and Hong Kong exploring local-currency stablecoins to mitigate risks and streamline cross-border transactions. Payment service providers are increasingly adopting stablecoins to improve efficiency and reduce costs.

Bitwise Asset Management's revised filings for spot Dogecoin and Aptos ETFs suggest growing momentum behind crypto ETF approvals, with warmer relations between issuers and the SEC. The updated prospectuses indicate increased optimism compared to the Bitcoin ETF approval process.

Metaplanet has acquired 1,234 Bitcoin worth $132 million, making it their third-largest purchase. This brings their total Bitcoin holdings to 12,345 BTC, valued at over $1.32 billion. The company aims to accumulate 100,000 Bitcoin by 2026.

Deribit's CCO mentioned a significant $40 billion open interest in Bitcoin options, with $15 billion set to expire soon. The put-to-call ratio indicates traders' sentiment, with a potential max pain point at $102,000. Despite geopolitical uncertainties, Bitcoin's implied volatility has dropped to its lowest since October 2023.

Ripple, the company behind XRP, has been actively acquiring companies, with Hidden Road being one of its recent purchases for $1.25 billion. Ripple's Chief Technology Officer mentioned ongoing talks for multiple acquisitions, including upgrades to its XRP Ledger blockchain for increased programmability and a new lending protocol.

Lingerie Fighting Championships (BOTY) plans to acquire up to $2 million worth of Bitcoin within the next six months, coinciding with their upcoming shows in the UK. CEO Shaun Donnelly expressed belief in Bitcoin's growth potential.

A Tether co-founder and former Blackstone dealmaker are seeking to raise $1 billion to establish a digital asset treasury for a company they plan to make public. The duo, Chinh Chu and Reeve Collins, will use their SPAC M-3 Brigade Acquisition V Corp. to secure the funds, holding assets like Bitcoin, Solana, and Ethereum.

Aqua 1 Foundation invested $100 million in World Liberty Financial's WLFI tokens to advance a blockchain financial ecosystem merging traditional and decentralized finance. The project, backed by President Trump, aims to create an institutional-grade marketplace for traditional assets.