Bitcoin plunged over $3,000 in four hours, liquidating $750M in longs, as Trump’s tariff ultimatum on Greenland and a delayed crypto bill fueled risk-off sentiment.

Bitcoin ETFs brought in larger investors, but volatility has resurfaced as long-term holders lock in gains. Analysts remain split between a bullish long-term outlook and short-term technical caution.

ABC NEWS Verify reported that Australian influencer Lily Jay, who has built an audience of nearly 3 million followers, and the Lily Jay Foundation posted multiple pieces of misleading charity-related content that appear to have been generated or altered with AI. The report focused on a Uganda orphanage video, a claimed humanitarian award, and a Gaza bakery project promoted by the foundation. According to the verification report, the Uganda orphanage clip featured an AI-generated woman, children, and foundation banner. ABC also said local registry checks initially found no registered orphanage under either the foundation’s name or the “Ada Nur” name shown on the website, and that a “Lilly Foundation Limited” registration appeared only after questions were sent, carrying a non-compliant status. The report added that award images published in May carried ChatGPT SynthID watermarking, while the public relations firm behind the release, Real Media Group, described Lily Jay as both a client and a co-founder. ABC also said it could not verify the location or existence of the Gaza bakery project. The foundation’s website at one point stated that it was not a charity, and parts of the site reportedly changed after ABC made inquiries.

A White House staffer who has operated Donald Trump’s teleprompter since 2016 allegedly used advance access to speech scripts to trade on Kalshi’s “Mentions” markets, according to ABC News. The staffer, Gabriel Perez, is said to have made more than $100,000 across more than a dozen speech-related bets over roughly three months. The contracts did not concern election outcomes. Instead, they let traders wager on whether Trump would mention specific words, phrases, or themes during public appearances. ABC News reported that Perez had access to original teleprompter drafts and could also close positions during speeches when Trump skipped prepared passages. Kalshi’s surveillance system reportedly flagged the trading pattern and referred the data to the US Commodity Futures Trading Commission. Regulators then expanded the probe and identified additional speech-linked wagers. Perez is now in settlement talks with federal regulators, while the White House has placed him on unpaid administrative leave. Press secretary Karoline Leavitt said Trump called the conduct “disgraceful.” The case lands as scrutiny of prediction-market insider trading grows. The source article also cited recent examples involving Polymarket, Axiom-linked on-chain research, and a Venezuela-related bet, along with a proposal from Representative Bryan Steil to bar members of Congress and their immediate families from trading contracts tied to public policy and political outcomes.

The digital yuan operations center said several participating banks now support an offline payment QR code function in their e-CNY wallets, allowing users to present a payment code through the app even when network access is unavailable or weak. The newly supported institutions are Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of Communications, Postal Savings Bank of China, and Industrial Bank, with the feature set to expand to more operators later. According to the announcement, the system can automatically switch to an offline payment code when a user faces network interruptions or poor signal, without requiring manual setup or extra steps. Merchants can then complete the transaction by scanning the code. The operations center also said users need to have the small-amount password-free payment setting enabled before using the offline code. If they have also turned on the top-up-on-use function in advance, payments can still go through even when wallet balance is insufficient.

Foresight News published a broad weekly roundup of crypto stories drawing the most attention across the market, spanning chain activity, corporate treasury moves, governance failures, exchange security disputes and U.S. regulation. One major focus was Robinhood Chain, where a surge in Meme token activity pushed CASHCAT’s market capitalization above $100 million and brought launch platform Noxa.fi into the spotlight. The outlet also highlighted Robinhood Chain’s early-stage ecosystem buildout, including its 90-day gas fee waiver and a total value locked figure of about $76.73 million as of July 6, 2026. The roundup also revisited several high-profile disputes and balance-sheet events. Strategy sold 3,588 BTC at an average price of about $60,200, marking its largest net sale since adopting its Bitcoin strategy in 2020 and its first institutional-style reduction in six years. The report said the sale implied a loss of roughly $54.81 million against a cost basis of about $75,476 per coin. Elsewhere, according to The Wall Street Journal, AI Financial was in talks to sell Alt5 Sigma Canada for up to $15 million after its heavy WLFI exposure left it with locked tokens, limited cash and an SEC going-concern warning. Other stories in the package included Polymarket’s dispute over whether Cristiano Ronaldo cried after Portugal’s World Cup exit, Paradigm’s new $1.2 billion fund and broader focus on AI and robotics, Zapper’s planned shutdown, YGG’s closure of YGG Play, a governance attack on BonkDAO, a Gate user’s reported $1.7 million loss, Ondo’s move into perpetuals, controversy around OUSD partner claims, and weakening odds for the Clarity Act this year.

Bundil, a crypto roundup investing app, secured a $100,000 deal on Shark Tank. Founder Dmitri Love accepted Kevin O’Leary’s offer in exchange for 50% of the company after seeking the same amount for 10%.

A U.S. court has ordered crypto influencer Ben 'Bitboy Crypto' Armstrong to pay Shark Tank star Kevin O’Leary $2.828 million for falsely accusing him of murder and publicizing his phone number. The court rejected Armstrong's motion to overturn the default judgment.