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Share link:In this post: Australia’s Reserve Bank launches a six-month trial exploring digital currencies in wholesale financial markets. The trial includes 24 use cases involving real and simulated transactions using stablecoins, bank deposit tokens, and a pilot central bank digital currency (CBDC). Trial results are expected in early 2026 to guide future digital currency policy and regulation in Australia.
Share link:In this post: PENGU rallied on a combination of bullish factors, a mix of peak trading against the Korean Won and a short squeeze on derivative markets. The price returned to a three-month high above $0.019 after the US SEC started the procedure for the Canary Capital PENGU ETF. PENGU has been gaining strength for weeks, boosted by a short squeeze, as well as the recovering interest for top memes.
Share link:In this post: German firms split on the future of crypto payments. Half of German businesses expect Bitcoin payments to grow. The majority of companies in Germany are not currently accepting crypto.
- 12:42US-listed company Sequans initially acquires 370 BTC and plans to purchase over 3,000 BTC in the coming weeksBlockBeats News, on July 10, U.S.-listed company Sequans officially launched its Bitcoin treasury strategy, initially acquiring 370 BTC and planning to purchase more than 3,000 BTC in the coming weeks.
- 12:42Glassnode: Bitcoin’s Current Rally Driven by Bullish Inflows, Open Interest Rises in TandemBlockBeats News, July 10 — Glassnode stated in a recent post that during the latest Bitcoin (BTC) rally to $112,000, short sellers have once again suffered losses, but this time there is also clear evidence of traders actively entering the market. Unlike the late June rally, which saw a significant drop in open interest (OI), this surge has been accompanied by a rise in open interest positions—indicating that new long positions are being established in the market, rather than the price increase being driven solely by short covering.
- 12:38KULR Technology spends $10 million to acquire an additional 90 BTCOdaily Planet Daily reported that according to a post by KULR Technology CEO Michael Mo on X, the company has spent $10 million to acquire an additional 90 BTC at an average purchase price of $108,884. The year-to-date return on Bitcoin has reached 291%. As of now, KULR Technology's total Bitcoin holdings have reached 1,021 BTC.