Key Takeaways Bilal bin Saqib of PVARA challenged a June ruling by a top Karachi seminary declaring crypto unlawful. JS Global Capital warned the ruling could stall bank-led adoption for Pakistan’s 240 million people. PVARA is now working with scholars to define at least 2 safe categories of asset-backed digital tokens. Internal Debates Over Shariah
Key Takeaways Betmgm said 94% of semifinal qualification money backed France. France was Draftkings and Betmgm’s largest remaining outright liability. Polymarket and Kalshi World Cup winner markets topped $5.5B in volume. Prediction markets logged billions but did not take the same side France’s surprise World Cup elimination delivered a favorable result for major sportsbooks after
Key Takeaways Crypto.com secured $400 million from Citadel Securities at a $20 billion valuation. Citadel Securities’ backing may deepen institutional ties across crypto and capital markets. Crypto.com plans tokenized securities and derivatives after its first round in 10 years. The deal, announced Thursday, gives Crypto.com fresh capital to expand beyond cryptocurrency trading and further into
Key Takeaways Ricardo Salinas anchored a $40 million raise for a bitcoin treasury firm dubbed ORANGE JUICE on July 15, 2026. The company targets businesses with $1 million to $10 million in annual cash flow. Ruben Zweiban will run daily operations after careers at BofA, JP Morgan and the Navy. Lyn Alden announced the raise
Key Takeaways David Schwartz says the SEC treated XRP as a security by arguing holders expected profits from Ripple’s efforts. Former SEC regional director Marc Fagel says the case targeted Ripple’s XRP sales, not the crypto token itself. Their dispute centers on whether calling XRP “just code” meaningfully limited the SEC’s legal theory. Schwartz Says
Key Takeaways Bitcoin traded between $63,800 to $64,094 on Thursday, within a $63,800 to $65,501 range, per market data. The MACD reads 94, a bullish signal, while 6 moving averages past 50 days show bearish signals. A daily close above $65,500 or a drop below $63,800 will likely set bitcoin’s next directional move. 1-Hour Chart
Key Takeaways Stanford and SMU researchers found 821 traders took $8.2 million from Polymarket’s 5-minute bitcoin bets. Net order flow on Binance jumped about 50% in the final 10 seconds before settlement, the study found. The paper says 15-minute contracts show far less abuse, pointing to longer settlement windows as the fix. Striking New Findings
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. SheFi, a global web3 educational initiative for women, held its private community event in Manila on July 11, 2026, marking the official launch of its Philippines chapter. The gathering aimed to establish a localized educational
Key Takeaways NYDIG sees a potential bitcoin cycle low near $38,000-$39,000 by October if a 2022-style drawdown repeats. Bitcoin is currently trading near $64,500, down about 30% in 2026 and roughly 50% below October 2025’s $126,080 peak. K33 researchers believe the $60,000 area already marked this bear market’s maximum drawdown. A Bleak Scenario Bitcoin financial
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Jesse Pollak, the creator of Coinbase’s Ethereum Layer-2 network Base, announced a pivot toward global finance after admitting the network’s strategy to drive adoption through web3 social media failed. This strategic shift follows a 14%