SpendNode Podcast: Crypto News & Analysis

Strategy sold 3,588 BTC for $216M to fund preferred dividends, its first large-scale sale ever. Holdings drop to 843,775 BTC as the math trap tightens. Read the full article: https://www.spendnode.io/blog/strategy-sells-3588-btc-216m-dividends-july-2026/

WSJ says Strategy is caught in a math trap: 847,363 BTC underwater, mNAV near 0.80, and a $1.2B annual preferred dividend bill. The flywheel has reversed. Read the full article: https://www.spendnode.io/blog/strategy-bitcoin-math-trap-flywheel-reverse-july-2026/

South Korea's Supreme Court proposed Civil Execution Rules for seizing and liquidating crypto, letting courts convert illiquid tokens to Bitcoin from October 2026. Read the full article: https://www.spendnode.io/blog/south-korea-supreme-court-crypto-seizure-rules-october-2026/

Ripple received its EU CASP license from Luxembourg's CSSF on July 6, making it fully MiCA-compliant and able to passport crypto services across the EEA. Read the full article: https://www.spendnode.io/blog/ripple-mica-casp-license-luxembourg-eea-july-2026/

Coinspect discloses Ill Bloom, a weak-randomness flaw in seed phrase generation across Bitcoin, Ethereum, Tron and more. $5M drained since May 27. How to check. Read the full article: https://www.spendnode.io/blog/ill-bloom-seed-phrase-flaw-5m-drained-coinspect-july-2026/

Visa data shows stablecoins settled a record $1.79 trillion in June 2026, up 63% from May. The spike landed in a Fear market, not a speculative mania. Read the full article: https://www.spendnode.io/blog/stablecoin-volume-record-1-79-trillion-june-visa-july-2026/

Blockaid detected an ongoing exploit on Summer Finance with roughly $6M drained as of July 6. The attack was still active when the alert went out. Read the full article: https://www.spendnode.io/blog/summer-finance-exploit-6m-drained-blockaid-july-2026/

Token Terminal data shows ETH bridged from Ethereum to Robinhood Chain surged roughly 10x in a few days, an early adoption signal for the broker's L2. Read the full article: https://www.spendnode.io/blog/eth-bridged-robinhood-chain-10x-surge-july-2026/

France logged 77 crypto kidnapping and extortion cases in H1 2026, up from 45 in all of 2025. Interior Minister Laurent Nunez answers with a three-pillar plan. Read the full article: https://www.spendnode.io/blog/france-77-crypto-kidnappings-security-plan-july-2026/

OKX announced it is MiCA-authorised and regulated in Europe, days after the July 1 enforcement deadline cut off unlicensed crypto firms across the EEA. Read the full article: https://www.spendnode.io/blog/okx-mica-authorised-europe-regulatory-era-july-2026/

Binance is reportedly leading a funding round valuing crypto payments network Mesh at up to $2 billion, doubling its January Series C valuation in six months. Read the full article: https://www.spendnode.io/blog/binance-2-billion-mesh-investment-stablecoin-payment-routes-july-2026/

Brazil's Operation Exchange froze roughly $2 billion tied to a PCC crypto laundering network, two days after US OFAC sanctions hit the same suspects. Read the full article: https://www.spendnode.io/blog/brazil-operation-exchange-2-billion-pcc-crypto-laundering-july-2026/

SARS published draft crypto tax rules on July 1 and plans audits covering up to 6 million South African users. Rates run 18% to 45%. Comments close August 31. Read the full article: https://www.spendnode.io/blog/south-africa-sars-audit-6-million-crypto-users-july-2026/

Reuters' Big View podcast airs the BIS case that stablecoins still need central banks, as crypto purists argue code alone can anchor digital money. Read the full article: https://www.spendnode.io/blog/bis-digital-cash-central-bank-backstop-debate-july-2026/

Ethereum's share of stablecoin supply has climbed to 87%, per Cointelegraph. One chain now anchors nearly the entire digital dollar market, and that cuts both ways. Read the full article: https://www.spendnode.io/blog/ethereum-87-percent-stablecoin-supply-concentration-july-2026/

Vitalik Buterin outlined a Lean Ethereum roadmap with recursive STARK verification, quantum-resistant signatures, and a 3-4 year rebuild of core protocol layers. Read the full article: https://www.spendnode.io/blog/vitalik-lean-ethereum-roadmap-starks-quantum-resistance-july-2026/

Public companies added a net 166,984 BTC in 2026, double the 81,153 BTC mined, per BTC Treasuries. The buying continues even with price stuck near $63K. Read the full article: https://www.spendnode.io/blog/public-companies-bitcoin-buying-double-mined-supply-july-2026/

The US government controls roughly 328,372 BTC, about 2.8 times the verified holdings of every other country combined. The math depends on one big caveat: China. Read the full article: https://www.spendnode.io/blog/us-government-bitcoin-hoard-2-8x-other-nations-july-2026/

Bloomberg reports Germany's Sparkassen and cooperative banks are rolling out crypto trading to millions of retail customers, with DekaBank running the rails. Read the full article: https://www.spendnode.io/blog/german-savings-banks-cooperative-banks-crypto-trading-july-2026/

Brazil's central bank proposed 24-hour holds on stablecoin transfers of $10,000 or more sent abroad or to self-custody wallets, with rules expected by October 2026. Read the full article: https://www.spendnode.io/blog/brazil-central-bank-24-hour-hold-stablecoin-transfers-july-2026/

The Major County Sheriffs of America moved to neutral on the CLARITY Act after Section 604 concerns were addressed, clearing a political obstacle in the Senate. Read the full article: https://www.spendnode.io/blog/us-sheriffs-drop-opposition-clarity-act-july-2026/

Revolut will end USDT support on August 31, 2026, citing regulatory pressure. Remaining Tether balances convert to fiat automatically. Here is what changes. Read the full article: https://www.spendnode.io/blog/revolut-delists-usdt-august-31-auto-convert-july-2026/

Zcash's Ironwood upgrade is close to testnet activation, sealing the Orchard pool behind a supply turnstile after May's counterfeiting bug hit ZEC hard. Read the full article: https://www.spendnode.io/blog/zcash-ironwood-upgrade-testnet-supply-verification-july-2026/

Uphold's Limited Edition XRP Elite Debit Card waitlist is live in the US. Up to 4% cashback paid in XRP, heavy-metal finish, capped spots. Here's what we know. Read the full article: https://www.spendnode.io/blog/uphold-xrp-elite-debit-card-waitlist-july-2026/

Crypto.com lists Circle's EURC with ERC-20 deposits, purchases in 20+ fiat currencies, and same-day limit order support. What it means for cardholders. Read the full article: https://www.spendnode.io/blog/crypto-com-eurc-euro-stablecoin-listing-july-2026/

Glassnode data shows 10.83M BTC held at a loss versus 9.22M in profit, a crossover that has historically marked late-stage bear market conditions. Read the full article: https://www.spendnode.io/blog/bitcoin-underwater-supply-exceeds-profit-glassnode-july-2026/

US spot Bitcoin ETFs posted $221.7M in daily inflows on July 3, their strongest day since early May. Fidelity's FBTC led while BlackRock's IBIT kept bleeding. Read the full article: https://www.spendnode.io/blog/bitcoin-etf-inflows-221m-outflow-streak-ends-july-2026/

Nasdaq-listed K Wave Media has sold all its Bitcoin, ending a 10,000 BTC treasury plan and redirecting $485M toward AI data centers and GPU computing. Read the full article: https://www.spendnode.io/blog/k-wave-media-sells-all-bitcoin-ai-pivot-july-2026/

Riot Platforms deposited 500 BTC worth $30.7M into NYDIG custody on July 3, a move on-chain watchers read as a sale setup with Bitcoin at $61,339. Read the full article: https://www.spendnode.io/blog/riot-platforms-500-btc-nydig-custody-sale-signal-july-2026/

Bank of Russia Governor Elvira Nabiullina says the country is ready to launch its digital ruble CBDC on September 1, moving from pilot to a nationwide rollout. Read the full article: https://www.spendnode.io/blog/russia-digital-ruble-launch-september-1-july-2026/

Europol says it supplied decryption resources to help Irish police recover 500 more Bitcoin from convicted trafficker Clifton Collins. The seizure signals sharper state crypto-forensics. Read the full article: https://www.spendnode.io/blog/europol-500-btc-recovery-clifton-collins-decryption-july-2026/

A WSJ investigation says President Trump earned about $1 billion from crypto ventures while many retail buyers of his tokens lost money. Here is the breakdown. Read the full article: https://www.spendnode.io/blog/trump-billion-crypto-wsj-supporters-losses-july-2026/

Africa's largest crypto exchange VALR has launched a perpetuals product built directly on Hyperliquid, the first time a centralized exchange has done so. Read the full article: https://www.spendnode.io/blog/valr-hyperliquid-perpetuals-first-cex-july-2026/

A softer US jobs report cooled rate-hike worries and pushed Bitcoin back above $61K. Here is the macro read and why traders are eyeing $70,000. Read the full article: https://www.spendnode.io/blog/weak-us-jobs-data-bitcoin-rally-70k-july-2026/

Ledger is a launch partner for the Open USD stablecoin, bringing device-level Clear Signing to a new dollar token held in self-custody rather than by a third party. Read the full article: https://www.spendnode.io/blog/ledger-open-usd-launch-partner-clear-signing-july-2026/

Oobit has gone live in Brazil, plugging its tap-to-pay crypto card into local payment rails. Here is what changes for Brazilian cardholders. Read the full article: https://www.spendnode.io/blog/oobit-launches-brazil-crypto-card-july-2026/

OFAC added 134 ISIS-K wallet addresses to its sanctions list, 131 of them on Tron, and Tether froze the tokens. Stablecoins now behave like enforceable rails. Read the full article: https://www.spendnode.io/blog/ofac-sanctions-134-isis-k-crypto-wallets-tether-freezes-july-2026/

SEC Commissioner Hester Peirce says she expects the CLARITY Act to pass this summer, setting up the first US market-structure law for digital assets. Read the full article: https://www.spendnode.io/blog/sec-peirce-clarity-act-pass-summer-july-2026/

A Supreme Court ruling overturning a 91-year precedent hands the President removal power over the SEC and CFTC, tying crypto's enforcement posture to whoever holds the White House. Read the full article: https://www.spendnode.io/blog/trump-control-financial-regulators-crypto-enforcement-july-2026/

As MiCA took effect July 1, Binance told affected EU users their assets stay 1:1 and transfers and withdrawals remain open, and said it is contacting them directly. Read the full article: https://www.spendnode.io/blog/binance-mica-deadline-statement-affected-eu-users-july-2026/

The FCA published enforceable conduct standards for firms that help UK customers buy, trade and hold crypto, part of its push to make Britain a global hub. Read the full article: https://www.spendnode.io/blog/fca-crypto-rules-uk-global-hub-consumer-standards-july-2026/

The Solana Foundation has switched on on-chain governance, letting validators vote on protocol decisions weighted by the stake they secure. Here's what changes. Read the full article: https://www.spendnode.io/blog/solana-onchain-governance-stake-weighted-validator-voting-july-2026/

Senator Cynthia Lummis rebutted Elizabeth Warren's claim that the CLARITY Act opens illicit finance loopholes, pointing to 16+ anti-money-laundering safeguards. Read the full article: https://www.spendnode.io/blog/lummis-clarity-act-warren-illicit-finance-july-2026/

Total crypto card deposits have passed $10 billion for the first time, up 82% year-to-date and roughly 250% year-over-year. Here is what is driving the surge. Read the full article: https://www.spendnode.io/blog/crypto-card-deposits-cross-10-billion-250-percent-july-2026/

Robinhood launched its first in-app decentralized lending product, powered by Morpho and using Ethena's USDe as collateral. Here is what it means for retail users. Read the full article: https://www.spendnode.io/blog/robinhood-defi-lending-morpho-usde-yield-july-2026/

Jupiter Mobile's launch cashback campaign has wrapped. To keep the 4% rate, cardholders now refer two friends who each spend $50, renewing the tier each month. Read the full article: https://www.spendnode.io/blog/jupiter-global-4-percent-cashback-referral-live-july-2026/

Gnosis Pay unveiled the MiniPay Card, paying up to 5% cashback in Tether Gold (XAUt0) on every purchase. The waitlist has already crossed 600,000 signups. Read the full article: https://www.spendnode.io/blog/gnosis-pay-minipay-card-gold-cashback-july-2026/

MiCA's transition window closes July 1, 2026. A new DefiLlama dashboard tracks which exchanges hold licenses. Here is what shifts for EU crypto users and cards. Read the full article: https://www.spendnode.io/blog/mica-live-europe-crypto-cards-exchanges-july-2026/

A DeFi lending market let an attacker mint tokenized Google shares at 7,700% above fair value, exposing how RWA collateral breaks when oracles lag. Read the full article: https://www.spendnode.io/blog/tokenized-google-stock-defi-lending-exploit-july-2026/

Poland is now the only EU member without a MiCA licensing regime after its president vetoed the enabling law for the third time. Here is what it means. Read the full article: https://www.spendnode.io/blog/poland-vetoes-mica-crypto-licensing-third-time-july-2026/