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DEA, FBI bust Sinaloa cartel, confiscate $10M in cryptocurrency

The Drug Enforcement Administration (DEA), working alongside the FBI, has seized over $10 million in cryptocurrency linked to the infamous Sinaloa cartel during operations in Miami, Florida.
The seizure came as part of an extensive nationwide crackdown that has led to the confiscation of 44 million
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Arizona, Texas, Utah leading in US crypto policy: Chainlink

Arizona, Texas and Utah have been recognized as the leading US states in terms of cryptocurrency regulations, as investor attention is turning to the US “Crypto Week,” which may see the passage of three key pieces of legislation.
Arizona, Texas, and Utah are currently leading the nation in
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CLARITY Act isn’t perfect, but it’s the bill US Congress must pass this summer

Opinion by: Bill Hughes, senior counsel and director of global regulatory matters at Consensys Software
The US Digital Asset Market Clarity Act of 2025 - known as the CLARITY Act - is not perfect, but the Congress should pass it this Summer and enshrine the US as the world leader in digital
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Vitalik Buterin proposes minimalism as key to layer-2 blockchain success

As layer-1 networks face pressure to maintain relevance, Ethereum proponents suggest a new path forward: becoming a layer-2 on Ethereum
On Monday, Jason Chaskin, who leads app relations and research at the Ethereum Foundation, sparked a conversation after saying that most layer-1s will become Ethe
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BitMine surges after-hours as Peter Thiel discloses 9% stake

Shares in crypto mining service provider BitMine Immersion Technologies rallied 12.5% after the bell on Tuesday as billionaire venture capitalist Peter Thiel scooped up an over 9% stake in the firm.
Thiel bought 5.09 million shares in BitMine through various arms of his venture capital firm
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GameStop CEO teases crypto payments, says Bitcoin buys are inflation hedge

GameStop CEO Ryan Cohen has teased that the video game retailer could start accepting crypto for trading card purchases and said the company’s Bitcoin buys aren’t copying MicroStrategy.
Cohen told CNBC’s Squawk Box on Tuesday that GameStop shifted tactics to reduce reliance on hardware in the
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Bitcoin dips as June CPI confirms sticky inflation trend: Are BTC dips for buying?

Key takeaways:
June CPI data showed rising headline and core inflation, reducing expectations of an interest rate cut in July.
Bitcoin must reclaim the $119,250–$120,700 zone to confirm bullish momentum and aim for fresh highs above $123,000.
Bitcoin (BTC) price rallied to $118,400
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New Zealand woman accused of killing mother after stealing cash for crypto

New Zealander Julia DeLuney is accused of having murdered her 79-year-old mother, Helen Gregory, after funneling her money into crypto.
According to a Tuesday report by Radio New Zealand, 53-year-old DeLuney is accused of killing her mother after stealing the money that she kept hidden in her
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US Justice Department, CFTC end Polymarket investigations — Report

The United States Department of Justice and the Commodity Futures Trading Commission (CFTC) have reportedly closed their investigations into online betting platform Polymarket after several months.
According to a Bloomberg report on Tuesday, authorities ended investigations into Polymarket to inve
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Programmable regulation is the missing key to DeFi’s legal future

Opinion by: Raks Sondhi, chief operating officer of Freedx
Governing composable, borderless and programmable ecosystems with rules made for simple, static financial systems presents a fundamental challenge.
In the past year alone, decentralized finance (DeFi) platforms held over $60 billion
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Bitcoin‘s ‘most reliable reversal pattern’ hints at BTC price rally toward $160K

Key takeaways:
Bitcoin has confirmed an inverted head-and-shoulders breakout.
A short-term pullback toward $114K–$115K may retest former resistance as support.
The MVRV Z-Score remains well below historical peak levels, signaling BTC’s rally still has room to run.
Bitcoin (BTC) has entered
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4 countries that let you buy citizenship or a golden visa with crypto

Key takeaways
Vanuatu is one of the fastest countries to offer citizenship, with crypto accepted through licensed agents.
Dominica and Saint Lucia offer Caribbean citizenship in months using crypto converted via trusted agencies.
Portugal offers EU residency and a path to citizenship through cr
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James Wynn returns with $19M leveraged Bitcoin long, $100K PEPE bet

Multimillionaire cryptocurrency trader James Wynn returned despite numerous previous liquidations, signaling renewed confidence in Bitcoin’s near-term upside momentum.
Wynn returned with two new leveraged positions, including a 40x leveraged Bitcoin (BTC) long position worth over $19.5 million at $
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Ethereum becomes preferred treasury asset for tech-savvy firms: Ray Youssef

Corporations are increasingly viewing Ethereum as a critical infrastructure component, fueling a surge in ETH allocations within corporate treasuries, according to Ray Youssef, CEO of finance app NoOnes.
“Ethereum starts to look like a hybrid between tech equity and digital currency. This appeals t
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