Bitcoin fell below $62,000 after President Trump’s remarks about ending the memorandum of understanding (MoU) related to Iran.
According to @WatcherGuru, the remarks appear to have revived concerns over geopolitical risks in the Middle East, increasing risk-off sentiment across the market.
WatcherGuru reported that the Reserve Bank of India supports a ban on cryptocurrencies.
The report is being interpreted as a signal that India’s regulatory stance on crypto could tighten further.
According to PANews, crypto-focused venture capital firm Paradigm has completed fundraising for a new $1.2 billion fund.
Paradigm plans to deploy the capital into artificial intelligence (AI)-related investments. The fundraising aligns with a broader trend of crypto investment firms expanding into AI infrastructure and application sectors.
Cantor Fitzgerald maintained a Buy rating on Strategy’s MSTR and set a price target of $212, Odaily reported, citing BitcoinTreasuries.net.
Cantor Fitzgerald said Strategy’s top priority is restoring STRC to par value, describing it as a key factor for resuming Bitcoin purchases and strengthening its capital structure.
The firm added that now is a good time to buy either STRC or MSTR common stock.
The United States has revoked licenses that had allowed Iran to sell oil, according to WatcherGuru.
The move is tied to the U.S. sanctions stance toward Iran and could heighten market concerns about oil supply and geopolitical tensions in the Middle East.
Bitcoin author Pete Rizzo said a U.S. bill banning central bank digital currencies (CBDCs) is expected to become law in two days.
According to @pete_rizzo_, he described the bill as a measure to block a U.S. “digital dollar,” calling it positive for Bitcoin, sound money, and financial freedom.
A CBDC is a digital currency issued directly by a central bank. Some in the Bitcoin industry have argued that CBDCs could be used as tools for financial surveillance and control.
Uniswap Labs has proposed expanding the UNIfication burn plan to Uniswap v4 liquidity pools.
The proposal would impose protocol fees on certain v4 pools and use part of the revenue for UNI token buybacks and burns.
According to PANews, Uniswap Labs has asked UNI holders to approve the proposal. Snapshot voting will run from July 7 to July 12.
The UNIfication plan is currently active across 11 chains. It distributes protocol revenue to stakers and burns tokens.
If the proposal passes, UNI’s deflationary structure could be strengthened and more liquidity may flow into Uniswap v4. However, some smaller liquidity providers are concerned that the added fee burden could hurt profitability.
According to Onchain Lens, James Fickel staked 20,000 ETH six hours ago.
The staked amount was valued at approximately $36.09 million.
The move is being interpreted as a large-holder staking transfer that could help reduce circulating supply in the market.
Odaily reported that, according to Onchain Lens, two new wallets believed to belong to BitMine received a total of 40,000 ETH from Kraken and FalconX.
The transferred amount was worth about $71.62 million. The wallet addresses are 0x9F9...b15 and 0x17A...B5B, and the funds appear to have been moved from an exchange and an institutional trading platform.
Polymarket now supports instant Bitcoin deposits via the Lightning Network, @pete_rizzo_ reported.
With the new feature, Polymarket users can deposit BTC directly into their accounts. The update is being seen as another example of expanding Bitcoin payment and deposit use cases on global prediction market platforms.
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