Here’s what happened in crypto today July 7, 2026, 2:02 am
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Trader loses $2M in ‘same-block backrun extraction’ exploit July 7, 2026, 1:58 am
One crypto trader noted the $2 million loss could have been prevented had the victim read the transaction route before signing the transaction.
Yield Guild Games cuts 35 staff, shuts game publisher to focus on AI July 7, 2026, 1:56 am
Yield Guild Games said tough crypto and video game market conditions mean its YGG Play business is no longer commercially sustainable.
Strategy’s Bitcoin sale may give BTC a ‘durable bottom,’ Grayscale says July 7, 2026, 1:45 am
“Investors are now more confident about the instrument,” said Grayscale’s Zach Pandl regarding STRC, which reclaimed $90 for the first time in three weeks.
Trump says he became ‘a big crypto guy’ partly for politics July 7, 2026, 12:10 am
US President Donald Trump once called Bitcoin “a scam,” but admitted on Monday that he got involved in crypto “a little bit for politics.”
L1s face decentralization 'tug-of-war' as adoption grows: Injective CEO July 6, 2026, 11:28 pm
Blockchains will face increasing pressure to compromise on decentralization to meet user demand for speed and scalability, Injective CEO Eric Chen said.
US Bitcoin reserve hits snag as federal agencies debate for control: Bloomberg July 6, 2026, 10:17 pm
The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve.
Bitcoin bulls shake off Strategy's $216M BTC sale as price overtakes $64K July 6, 2026, 9:55 pm
Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling.
Strategy sells $216M Bitcoin, Bollinger bullish on BTC: Hodler's Digest, June 29-July 6, 2026 July 6, 2026, 8:03 pm
Bollinger Bands creator John Bollinger says the charts suggest Bitcoin could take off from here. Vitalik Buterin unveils a new Ethereum strawmap, but why is it taking so long?
Former Tether CIO seeks to sell stake in stablecoin issuer, Bloomberg reports July 6, 2026, 5:57 pm
The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs.