Ana Zirojevic

Developers of privacy-focused crypto ecosystem Zcash (ZEC) have finalized the core design of the Ironwood network upgrade, a proposal intended to restore confidence after last week's critical Orchard vulnerability raised fears of undetectable counterfeit ZEC. The plan introduces a new shielded pool, forces funds to pass through Zcash's existing accounting controls, and gives users a way to independently verify the integrity of the circulating supply. With ecosystem groups now aligned on the approach, developers are targeting activation as early as late July.

Bitcoin (BTC) failed to build on yesterday's rally and has slipped back toward $62,600 after briefly testing higher levels. Most major cryptocurrencies remain relatively flat, though Zcash continues its recovery from last week's historic selloff and now stands out as one of the strongest performers among larger-cap assets. The wider market remains cautious as traders weigh improving sentiment against lingering macroeconomic uncertainty.

Bitcoin (BTC) remains under pressure after a brutal selloff that wiped tens of thousands of dollars from its price over the past several months, but Binance founder Changpeng Zhao (CZ), is urging investors not to overreact. The former Binance CEO shared a brief message on X as Bitcoin continues searching for support and traders debate whether the market has finally found a bottom. His comments come as institutional flows remain weak and large holders continue reducing exposure.

President Donald Trump has signed two executive orders aimed at accelerating U.S. leadership in quantum technology and speeding the federal government's transition to post-quantum cryptography. Though the measures primarily target national security and federal cybersecurity, they also arrive as the crypto industry ramps up preparations for a future in which quantum computers could threaten today's public-key cryptography. The White House said the initiative aims to strengthen America's technological leadership and protect critical infrastructure and sensitive data against advanced cryptographic attacks.

The $1.78 trillion asset manager Franklin Templeton has completed its acquisition of cryptocurrency investment firm 250 Digital and officially launched Franklin Crypto, a dedicated crypto management division focused on institutional investors. This deal brings crypto veterans Christopher Perkins and Seth Ginns into leadership roles and integrates 250 Digital's investment team and cryptocurrency strategies into the company's existing digital assets business. The move marks another step in Franklin Templeton's long-term expansion into digital assets as institutional demand for crypto investment products continues to grow.

Bitcoin (BTC) extended its latest pullback on June 23, and slid from above $65K to around $62K as a wave of long liquidations swept through the crypto market. The wider selloff erased hundreds of millions of dollars in leveraged positions, and Bitcoin and Ethereum (ETH) account for the largest losses. Though several factors continue weighing on sentiment, liquidation data suggests the latest move was largely driven by leveraged longs getting flushed out as prices broke lower.

MoneyGram has expanded its blockchain strategy by joining the Solana Developer Platform (SDP) and becoming an active validator on the Solana (SOL) network. The move marks the payments giant's first engagement with the Solana ecosystem and deepens its commitment to blockchain infrastructure as it builds the next generation of global payment services. According to both companies, the partnership aims to bridge traditional financial rails with blockchain-based payments while supporting broader institutional adoption of stablecoins.

The U.S. Senate could unveil its long-awaited cryptocurrency tax legislation as early as this fall, according to Senator Steve Daines. The proposal would mark the Senate's first comprehensive effort to establish clearer tax rules for digital assets. The announcement comes as lawmakers continue advancing more extensive crypto legislation across both chambers of Congress.

The Ethereum Foundation (EF) has completed a months-long organizational overhaul that includes cutting about one-fifth of its workforce and reorganizing around new strategic priorities. At the same time, the restructuring comes as the EF reduces its annual budget by about 40% and shifts toward a long-term endowment-based funding model. Ethereum (ETH) co-founder Vitalik Buterin said the changes are intended to better position the organization for Ethereum's next phase of development.

Bitcoin (BTC) recovered modestly over the past 24 hours after a recent sharp decline, and has defended the $62K line, though buyers again failed to establish a sustained move above $63,000. Most major cryptocurrencies also steadied, Ethereum (ETH), BNB, and Solana (SOL) posted small gains, whereas XRP continued to lag the general market. Traders now appear to be waiting for fresh macro or market catalysts after several volatile sessions.