Crypto World
Bitcoin steady around $65,000 as ‘Mag 7’ have worst day since 2025
Bitcoin held near $65,000 in Asia morning hours on Friday, barely moving while nearly $800 billion evaporated from the biggest U.S. technology stocks – a rare stretch of independence for an asset that has tracked the AI trade all month.
The largest cryptocurrency traded at about $65,400, down less than 1% on the day and up 3% on the week. Ether slipped 3% to $1,879, and the rest of the majors leaned red. Dogecoin was the worst of them, down 5% on the day to $0.069 and 4% on the week. XRP fell 2% to $1.11, Solana lost 3% to $76, and Hyperliquid’s HYPE dropped to $58, down 4% over seven sessions. The moves were losses, but modest ones against what was happening in equities.
The Magnificent Seven, a colloquial term for the megacap group that has driven U.S. stocks for three years, fell 4.8% on Thursday and shed $797 billion in market value in their worst day since the tariff selloff of April 2025, according to Bloomberg.
The drop dragged the S&P 500 down 1.2% and the Nasdaq 100 down 1.9%, and it left the group 11% below its late-May record, erasing $2 trillion.
US initial claims for state jobless benefits dropped by 22,000 to 187,000 for the week ending July 18, the lowest level since September 1969. The drop hardened bets that the Federal Reserve (Fed) could raise interest rates at next week’s meeting.
The CME FedWatch tool now puts the odds of a hike at 33.7%, up from 11.8% a week earlier. That reverses the rate cut hopes that lifted crypto earlier this month.
Strong Labor Data Boxes In the Fed
The 22,000 drop was the largest decline in three months. Economists surveyed by Reuters had expected claims to rise to 212,000.
Furthermore, the number of people collecting benefits for more than a week, a rough gauge of hiring, fell to 1.796 million in the week ending July 11, a six-week low.
The drop lands as the US-Iran war lifts oil prices and sharpens inflation concerns. Those pressures pushed traders to reprice the July 29 meeting. CME FedWatch showed the odds of a hike at 33.7% on July 23, up from 11.8% a week earlier. A hold sat at 66.3%.
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Matthew Martin, senior US economist at Oxford Economics, said the low level of claims is hard to overlook.
“There may be some seasonal noise in the data, given summer months tend to be noisy, but the extremely low level of claims is hard to ignore, and the trend in continued claims remains encouraging,” he said.
Martin added that a few layoffs and stronger hiring should cap unemployment in the coming months. Thin labor supply could even drag the rate below its current 4.2%, he said.
However, economists cautioned that seasonal auto plant shutdowns impacted the figure. Claims could rebound toward the low 200,000s next week.
What the US Jobless Claims Drop Means for Crypto
While initial jobless claims could rebound in the coming weeks, the latest drop to a multi-decade low reinforces the view that the US labor market remains resilient.
This could potentially reduce the Federal Reserve’s urgency to lower interest rates. Higher interest rates lift the appeal of cash and bonds. They also raise the opportunity cost of holding assets that yield nothing.
The mood reverses sharply from early July. Weak payrolls then revived rate cut bets and lifted Bitcoin (BTC) toward higher levels.
The Fed meets over two days next week. Traders still favor a hold at 66.3%, though the jump in hike odds reflects rising inflation concern.
A hawkish surprise would test whether crypto can hold recent ground. In contrast, a rebound in claims next week could quickly cool the talk of a hike.
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The post US Weekly Jobless Claims Hit 1969 Low: What Does It Mean For Crypto? appeared first on BeInCrypto.
BitMEX will have removed 65 derivative contracts and spot trading pairs during July as the crypto exchange prepares to stop exchange services on Sept. 23, 2026.
Summary
- BitMEX will remove 65 derivatives and spot pairs during July, citing weak trading interest overall.
- New risk limits begin August 26, preventing traders from opening positions before September’s final closure.
- Users can withdraw after shutdown, but remaining verified accounts will face monthly balance-based account fees.
The total includes 21 derivatives removed on July 2, nine spot pairs removed on July 16 and 35 derivatives scheduled for early settlement on July 30.
The July total marks a sharp rise from the first half of 2026. Official notices show that BitMEX removed eight derivatives in January, eight in May, SPYUSDT in June and two Toncoin contracts later that month. That produced 19 removals across the first six months.
July delistings expand after closure decision
BitMEX attributed the first two July rounds to “insufficient trading interest.” The July 2 batch included contracts tied to Apple, Amazon, Avalanche, BMEX, Meta and Near Protocol. Two weeks later, the exchange removed spot markets for UNI, APE, ATOM, AXS, BONK, LINK, POL, Sonic and TRX.
The final July round will remove 35 derivatives at 12:00 UTC on July 30. BitMEX linked that decision to weak trading interest and the exchange closure. The list covers crypto, foreign exchange, commodities and equity-linked products, including AAVEUSDT, COINUSDT, GOOGLUSDT, MSTRUSDT, NVDAUSDT, TSLAUSDT and WTIUSDT.
Trading will continue until 04:00 UTC on July 30. BitMEX will then stop new funding calculations, cancel open orders and settle positions at the stated prices. It will not charge settlement fees. Profit and loss from each expired contract will move to the user’s Bitcoin or Tether balance.
BitMEX sets deadlines for open positions
BitMEX said it will close the exchange at 04:00 UTC on Sept. 23 after a “strategic review of the business and the broader crypto industry.” HDR Global Trading Limited, the platform’s owner and operator, stopped accepting new account registrations when it announced the shutdown.
The exchange will apply new risk limits from 04:00 UTC on Aug. 26. Users will no longer be able to open positions after that point, although they can reduce existing exposure. BitMEX may force-close positions during the wind-down period and will close any positions still open when exchange services end.
Users will keep account access after the closure date. They can view balances, review transaction records and request withdrawals. BitMEX also unstaked BMEX tokens held through the platform. The company urged customers to close positions and withdraw funds before Sept. 23.
Verified users who leave assets on the platform after the deadline will face a fee. BitMEX set the charge at $50 or 1% per year, whichever is higher, billed monthly. It warned that withdrawal reviews and blockchain limits could cause delays during heavy demand.
Shutdown follows management and sale reports
BitMEX launched in 2014 and became closely linked with leveraged crypto derivatives. A crypto.news guide to perpetual futures notes that the exchange created the perpetual swap in 2016. The contract later spread across centralized and decentralized trading venues.
However, the exchange entered its final months after corporate changes. As crypto.news reported in June, BitMEX appointed former chief operating officer and general counsel Peter Wilkinson as chief executive after removing Stephan Lutz and two other senior leaders. The changes followed reports that the company had sought a buyer.
Crypto.news reported in February 2025 that BitMEX had hired Broadhaven Capital Partners to assist with a potential sale. BitMEX did not mention that process in its closure statement. It also did not provide financial results, trading-volume data or a direct cause beyond its strategic review.
Users face an orderly withdrawal process
BitMEX said withdrawals will remain open after exchange services stop. It also stated that its assets exceed customer liabilities, referring users to its proof-of-reserves and liabilities page. The company warned customers to ignore messages promising priority withdrawals because it does not offer such a service.
Additional checks may slow processing. Bitcoin withdrawals may take longer when network confirmations or the platform’s fixed pool of withdrawal addresses create a queue. Customers can monitor requests marked “Processing” until BitMEX sends them to the blockchain.
The closure differs from some recent exchange wind-downs. As previously reported, AscendEX warned that some users might not recover full balances after financial and regulatory pressure forced it to close. BitMEX says customer assets remain covered, although that statement comes from the exchange.
The July schedule now forms the first major stage of the shutdown. BitMEX will settle 35 more contracts on July 30, restrict new positions on Aug. 26 and end exchange services on Sept. 23. Users can still withdraw afterward, but fees will apply to qualifying balances left past the closure time.
“Ethereum is cheap, but the data says the bottom isn’t in yet,” said onchain analytics platform CryptoQuant on Thursday. ETH is trading around 17% below its realized price, “but only two of five signals have reached historical bottoming levels,” they added.
“Selling pressure is easing. Capitulation is still missing.”
ETH realized price – which is a measure of the average price at which every token currently in circulation last moved onchain – is currently at $2,300.
Historically, trading below the realized price signals holder losses that tend to exhaust sellers and mark bottoms.
ETH/BTC Metrics Still Not Bottoming
The analysts said trading below the aggregate cost basis means the marginal holder is sitting on losses, “which historically exhausts sellers and compresses downside.”
However, cheapness alone has never been sufficient since the timing of a bottom has depended on Ethereum’s position relative to Bitcoin. This can be measured by the ETH/BTC MVRV ratio, which has fallen from “extreme overvaluation to neutral,” but not to extreme cheapness.
Additionally, the exchange inflow ratio has also dropped from over 1.5 to about 0.8 as selling pressure eased, but it hasn’t reached the ~0.4 low-pressure zone seen at past bottoms, they said.
Spot volume ratios have also collapsed to levels last seen in ETH/BTC bottoms, but the three other signals are not there yet.
CryptoQuant concluded that while ETH remains cheap, a “final bottom and the ETH outperformance that would follow may still take more time to form.”
“ETH is approaching undervalued levels relative to Bitcoin, which points to lower downside pressure ahead.”
Fundamentally, Ethereum remains strong with growing real-world asset tokenization and agentic AI payment narratives.
“Ethereum has the characteristics that institutions need,” said Sharplink CEO Joseph Chalom on Thursday.
“I don’t know a lot for certain in life, but I spent 20 years at BlackRock. And I know for sure, before you move financial rails that are 40, 50, 60 years old, you want it to move to something that’s trusted, always on, secure, with the most liquidity.”
Sharplink resumed its Ethereum buying in late June, scooping up 10,000 ETH worth around $16 million.
ETH Price Outlook
Despite the bullish fundamentals, ETH prices have retreated this week. The asset has fallen back from a seven-week high of $1,950 on Wednesday to $1,860 in early Asian trading on Friday morning.
ETH has lost almost 3% on the day but remains up 12% over the past 30 days. It needs to reclaim the $2,000 psychological barrier to measure any further momentum.
The post Ethereum (ETH) Is Cheap, But Not at Bottom Yet: Analysts appeared first on CryptoPotato.
The U.S. Securities and Exchange Commission will hold a public roundtable on Sept. 17 to discuss preparations for 24-hour trading in U.S. equity markets.
Summary
- SEC will host public September talks on overnight equity trading, resilience, infrastructure and investor safeguards.
- Nasdaq and Cboe are targeting longer weekday sessions, subject to regulatory approval and system readiness.
- Crypto’s 24/7 model is shaping demand, but tokenized stocks remain separate from exchange-listed shares.
According to the SEC’s official announcement, the meeting will take place at the agency’s headquarters in Washington, D.C., and will also stream online.
The regulator said the discussions will cover overnight trading, market operations, system resilience and investor protection. SEC Chair Paul Atkins said, “We are moving towards a new day – and night – in the U.S. equity markets.” He added that continuous trading could bring the U.S. market closer to other markets that already operate around the clock.
SEC reviews systems needed for longer trading sessions
U.S. stocks already trade beyond the regular session, which runs from 9:30 a.m. to 4 p.m. Eastern Time. Several exchanges and brokers offer premarket, after-hours or overnight access. However, the national equity market does not operate as one connected system for almost the entire weekday.
The SEC’s Division of Trading and Markets has said wider access will require changes across market infrastructure. In remarks on overnight equity trading, division director Jamie Selway identified market data, clearing, corporate actions, trade reporting and investor protection as areas that require coordination.
Longer trading hours also depend on consolidated market data systems. Those systems collect prices and trading information from exchanges before distributing them to brokers and investors. Any move toward 24-hour trading would require those services to operate for longer periods.
Clearing firms would also need to process transactions and manage risks outside the traditional market day. Meanwhile, brokers would have to monitor orders, maintain systems and support customers across longer operating periods.
Nasdaq, Cboe and LSE prepare extended trading hours
Nasdaq has been working with U.S. regulators on a plan to offer trading 24 hours a day, five days a week. The exchange aims to introduce the schedule during the second half of 2026, subject to regulatory approval and industry readiness.
According to Nasdaq’s extended-hours trading information, the company expects global investors to benefit from access to U.S. stocks during their local daytime hours. Nasdaq has said any expansion must maintain liquidity, transparency, stability and fair market access.
Cboe Global Markets is also preparing near-continuous weekday trading on its EDGX Equities Exchange. Under Cboe’s proposed schedule, trading would begin at 9 p.m. Eastern Time on Sunday and continue until 8 p.m. on Friday. A one-hour daily break would allow the exchange to complete operational work.
Cboe plans to make all National Market System stocks available during the extended sessions. However, the proposal still depends on SEC approval and preparations by brokers, clearing firms and market data providers.
The London Stock Exchange is pursuing a similar plan outside the U.S. In its LSE 24 announcement, the exchange said it plans to introduce a separate venue for near-continuous weekday trading.
The LSE expects to begin client testing before the end of 2026. It plans to launch exchange-traded products on the venue during the first half of 2027, subject to regulatory approval. The main London market will retain its current trading hours.
Overnight trading raises liquidity and resilience questions
Keeping markets open for longer periods involves more than extending exchange operating hours. Market makers must be willing to provide buy and sell prices during overnight sessions. Lower participation could reduce liquidity and create wider differences between the highest buying price and lowest selling price.
The SEC roundtable will also examine how exchanges and connected firms respond to outages and technical problems. Maintenance periods may become shorter as markets move closer to continuous weekday operations.
Investor protection will remain another part of the discussion. Prices can move more sharply when fewer traders are active. Investors may also receive different execution prices during overnight sessions than they would during regular market hours.
The SEC announcement does not establish a final rule or a common launch date for U.S. exchanges. Instead, the agency will collect comments from exchanges, brokers, investors, clearing firms and other market participants.
The SEC has opened a public comment file for the roundtable and will publish the agenda and speaker list before Sept. 17.
Crypto markets shape demand for round-the-clock trading
Cryptocurrency exchanges have operated continuously for years, allowing investors to trade during weekends, public holidays and overnight periods. That model has contributed to demand for similar access to traditional assets.
Global investors may also want to trade U.S. shares during local business hours rather than waiting for markets in New York to open. Exchanges see extended sessions as a way to attract those investors and compete with crypto platforms and alternative trading venues.
Crypto companies are also expanding into tokenized equities. As previously reported, Binance introduced bStocks with continuous trading for tokenized U.S. equities.
Similarly, Franklin Templeton and Ondo launched tokenized investment products that eligible users outside the U.S. can access through crypto wallets around the clock.
However, tokenized equities are not identical to shares traded directly on a national securities exchange. Their custody, ownership and redemption structures may differ. A crypto.news guide to tokenized stocks explains how blockchain-based equity products represent or track traditional shares.
The SEC’s September meeting will focus on regulated U.S. equity markets rather than approving tokenized stock products. Nasdaq, Cboe and other operators will continue preparing their systems while the regulator gathers public input on market access, resilience and investor safeguards.
BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral.
On Thursday, BKX Services Inc. and David Namdar filed the complaint in the US District Court for the Southern District of New York. The plaintiffs allege they lost a combined 622.66 BTC through forced liquidations on BitMEX, with BKX claiming losses of at least 305.81 BTC and Namdar alleging losses exceeding 316.85 BTC.
The lawsuit revives long-running allegations about the platform’s internal trading operations and liquidation engine and comes just as the exchange is preparing to close in September.
“BitMEX deliberately developed a system that profited from the liquidations,” the plaintiffs alleged. The complaint claimed that an internal trading desk had access to private customer information and could continue trading during server freezes that prevented ordinary users from accessing or closing their positions.
Cointelegraph reached out to BitMEX for comment but did not receive a response before publication.
BitMEX users seek Bitcoin return under fraud claims
According to the filing, BitMEX allowed customers to use leverage of up to 100 times their collateral, then automatically liquidated positions while collateral was still allegedly worth twice the losses incurred.
The remaining BTC was placed into the platform’s insurance fund, allowing BitMEX to profit from forced liquidations, the plaintiffs claim.
The plaintiffs are seeking the return of the allegedly withheld Bitcoin as well as compensatory and punitive damages. They aim to represent US customers who purchased BTC swap products in transactions dating back to July 23, 2018.
Related: BitMEX delists 65 trading pairs, derivatives in July amid exchange shutdown
The complaint also pointed to a class action filed in 2020 by Brett Messieh and other traders alleging similar conduct. That case, which brought claims under the Commodity Exchange Act, was voluntarily dismissed without prejudice on June 30, 2025.
Lawsuit lands as BitMEX announces shutdown
The proposed class action lawsuit was filed on the same day BitMEX announced that it would close after 11 years of operation.
BitMEX said it would stop providing services on Sept. 23 after a strategic review by its owner, HDR Global Trading.
It has stopped accepting new registrations and plans to prevent users from opening new positions starting on Aug. 26. The announcement was followed by a roughly 90% plunge in BitMEX’s BMEX utility token.
Magazine: Ethereum’s EEZ could pull other blockchains into its orbit
[PRESS RELEASE – Toronto, Canada, July 23rd, 2026]
CoinRabbit and GoMining have published a report on Bitcoin mining profitability, showing why managing mined Bitcoin is becoming as important as producing it.
The report highlights how the post-halving environment is redefining success in mining, with operators relying on stronger treasury management, capital discipline, and long-term asset strategies to navigate tighter margins. With the block reward reduced to 3.125 BTC and network difficulty near record levels, operational efficiency alone is no longer enough. The next phase of mining will be shaped by smarter capital allocation and long-term conviction in Bitcoin.
The Four Pillars of the Bitcoin Mining Efficiency Mindset
The report presents a clear framework built around four key pillars:
1) Operational Cost Efficiency
Low-cost power procurement, high uptime, efficient cooling, and disciplined maintenance remain the foundation of any viable mining operation. These factors determine the baseline production cost and are essential for competitiveness.
2) Collateralization Over Liquidation
Instead of selling freshly mined Bitcoin to cover expenses, effective operators are using it as collateral. This approach allows them to meet short-term cash needs while retaining full ownership and long-term exposure to the asset’s value.
3) Operational Liquidity and Tax Optimization
Bitcoin-backed lending provides flexibility to cover recurring operating costs, including power, hosting, and payroll, while avoiding taxable sales. At the same time, it preserves the deductibility of operational expenses.
4) Long-Term Vision and Capital Discipline
Sustainable operators treat mining as a disciplined, capital-intensive business. They maintain the flexibility to hold Bitcoin through market cycles and reinvest in hardware upgrades when opportunities arise, avoiding forced sales during downturns.
The full report can be downloaded here.
Walter Barrett, Chief Strategy & Growth Officer at CoinRabbit, commented: “Long-term success is built on conviction in the assets you hold and the discipline to manage them through different market cycles. At CoinRabbit, we are proud to work with clients who share this long-term vision and recognize the value of staying focused through periods of uncertainty. We appreciate the collaboration with GoMining experts and their contribution to sharing deeper industry insights with the mining community.”
Jeremy Dreier, Chief Business Development Officer at GoMining and Managing Director of GoMining Institutional, added: “In the post-halving environment, discipline is critical. The miners that are winning are those with efficient operations and cash put aside for this exact time. This is the best possible moment to deploy capital into expanding your fleet, because it’s cheap to add hash rate when Bitcoin’s price is down. There’s a lot of opportunity in the market. At GoMining, this is our third bear market, and we’ve seen that the operators who are prepared look at these conditions as an opportunity. Those who aren’t prepared are the ones who panic.”
About CoinRabbit
CoinRabbit is a crypto asset management platform built for long-term capital preservation. It enables users to manage liquidity seamlessly across instant payments, lending, trading products, and the Private Program — all within a single ecosystem. Since 2020, CoinRabbit ensures 100% capital reserve, keeping clients’ funds safe and never reused.
For more information, users can visit coinrabbit.io
About GoMining
GoMining is an all-in-one Bitcoin ecosystem that makes it simple and secure to mine, earn, and use Bitcoin every day. GoMining serves 5 million users and ranks among the top-10 Bitcoin miners by hashrate globally, with data centers in the U.S. and internationally. The company makes Bitcoin accessible through tokenized hashrate, daily BTC rewards, and an expanding suite of payment and earning products.
For more information, users can visit gomining.com
The post CoinRabbit and GoMining Report: Managing Bitcoin Matters More Than Mining Volume appeared first on CryptoPotato.
Gemini Trust Company sent more than $10 million in Bitcoin to MAGA Inc., a super political action committee that supports President Donald Trump.
Summary
- Gemini sent two Bitcoin contributions totaling over $10 million to Trump-supporting super PAC MAGA Inc.
- The donations followed Gemini and CFTC’s joint request to vacate ongoing terms of their settlement.
- Gemini will not recover its $5 million penalty even if the court grants relief requested.
A July Federal Election Commission filing lists two Bitcoin contributions made on June 19, with each valued at more than $5 million. The committee can use the funds for independent spending that supports Trump.
The transfers came about three weeks after Gemini and the U.S. Commodity Futures Trading Commission filed a joint motion in a New York federal court. The parties asked the judge to remove the continuing terms of a January 2025 consent order. Available records do not establish that the donation affected the CFTC’s decision, and neither side has publicly linked the events.
FEC filing records two Bitcoin contributions
MAGA Inc. disclosed the payments in its monthly report covering June. The filing identifies Gemini Trust Company as the contributor and records both payments on the same date. By June 30, the super PAC had reported more than $397 million in total receipts, according to reports citing the filing.
The contributions extend the Winklevoss brothers’ political support for Trump and pro-crypto groups. Cameron and Tyler Winklevoss each gave $1 million in Bitcoin to Trump’s 2024 campaign. They later donated $21 million in Bitcoin to the Digital Freedom Fund, a PAC created to support the administration’s crypto policy goals.
CFTC seeks relief from Gemini consent order
The CFTC sued Gemini in June 2022. The agency alleged that the exchange made false or misleading statements while seeking approval for a Bitcoin futures product. Gemini settled the case in January 2025 without admitting or denying the findings. The consent order required a $5 million civil penalty and imposed a permanent injunction.
On May 27, 2026, the CFTC joined Gemini’s request for relief from that judgment. The agency said a later review found that the complaint “should not have been filed” under its current enforcement standards. It cited questions about the evidence, a whistleblower’s credibility and staff conduct during the investigation.
However, the motion does not seek repayment of the fine. The CFTC said both sides agreed that the $5 million “will not be returned to Gemini.” The requested relief covers the future-facing parts of the order, including the injunction. As crypto.news reported in May, the regulator said keeping those terms in force would not be equitable. No public ruling had appeared by July 24.
Warren questions the agency’s independence
Senator Elizabeth Warren challenged the reversal request in a June 5 letter to CFTC Chair Michael Selig. She tied the matter to concerns about staffing cuts, reduced enforcement and contacts between the regulator and crypto or prediction-market firms. Warren called the developments “concerning signs of a CFTC beholden to political pressures and interests of the wealthy insiders.”
The letter states Warren’s position and does not prove that Gemini’s political giving shaped the agency’s action. The CFTC said its decision followed a review of the investigation, evidence, litigation tactics and current policy. It also said Gemini had been a fraud victim and that the earlier complaint relied heavily on an account lacking credibility.
Warren renewed her scrutiny on July 22 by asking the Government Accountability Office to examine CFTC staffing cuts and their effect on enforcement. Her office said the workforce had fallen by about 25% since January 2025. The CFTC’s current website lists Selig as its only commissioner, although federal law provides for a five-member commission.
Crypto election spending reaches new records
The Gemini contribution arrived during a surge in crypto-linked political spending. As previously reported by crypto.news,Public Citizen estimated that crypto companies had contributed about $189 million during the 2026 U.S. election cycle by late June. The group said this represented about 37% of corporate political contributions tracked during the cycle.
Several large crypto firms have funded PACs supporting candidates from both parties. Fairshake and related committees have received backing from Coinbase, Ripple and other companies. Meanwhile, MAGA Inc. has attracted money from Gemini and other technology or crypto businesses. Super PACs may accept unlimited corporate contributions for independent spending, but they cannot contribute directly to candidates or coordinate communications with them.
The spending comes as Congress considers the CLARITY Act, which could give the CFTC a larger role in digital asset oversight. Lawmakers continue to debate the regulator’s staffing, authority and leadership structure before expanding its duties.
The court has not publicly resolved the Gemini-CFTC motion. The Bitcoin transfer remains a separately disclosed political contribution. Gemini has already paid the $5 million penalty, and the agreement with the CFTC prevents its return even if the judge removes the order’s continuing restrictions.
Coinbase is allowing businesses to accept USDC payments from autonomous AI agents as part of a wider expansion of its agent-focused financial tools.
Summary
- Coinbase Business will accept USDC payments initiated by AI agents through its native x402 support.
- Coinbase for Agents adds live market views and conditional actions controlled by user-defined trading guardrails.
- Developers can add agent payment acceptance to online services using Coinbase’s streamlined CDP x402 SDK.
The exchange announced the rollout on July 23, 2026, alongside new trading commands for users and a developer kit for adding x402 payments to online services.
Coinbase said software-generated traffic exceeded human traffic on its Base documentation pages for the first time in June. The company argued that most online payment systems still assume “a human clicking the button,” leaving businesses and developers without a simple way to serve autonomous software.
Coinbase Business adds agent payments
Beginning this week, Coinbase Business users can accept USDC payments sent by AI agents. Coinbase Payments powers the feature, while native x402 support handles internet-based, pay-per-use transactions. Businesses can receive, track, reconcile and cash out agent payments from the same account used for other payment activity.
Coinbase Business also offers rewards on eligible idle USDC balances. Its current business page lists a 3.35% annual reward rate, although Coinbase says rates can vary by region and may change. The company also states that USDC payments do not carry chargeback risk because Coinbase does not act as a party to transactions between businesses and their customers.
New commands expand Coinbase for Agents
Coinbase also added real-time market views and conditional actions to Coinbase for Agents. The new commands let an agent stream open orders, view an asset’s order book and watch live price and volume data. Users can set a condition that triggers a planned action, including a buy, sale or order cancellation.
The company presented examples such as selling assets when Bitcoin falls below a set level or cancelling an order after a fixed period. Users define those instructions and related guardrails.Coinbase for Agents already allowed authorised AI tools to trade, manage portfolios and complete financial workflows through linked Coinbase accounts.
CDP x402 SDK targets developers
Coinbase Developer Platform introduced a new CDP x402 SDK that lets developers add agent payments to an API, Model Context Protocol server or web service with a small code setup. Coinbase said the kit arrives preconfigured with its preferred infrastructure and extensions, reducing the manual work previously required to choose payment middleware and service providers.
The x402 standard uses the HTTP 402 “Payment Required” response to send payment instructions directly between an online service and a client. An AI agent can receive the request, sign a stablecoin payment and retry access with proof of payment. Coinbase launched the open standard in May 2025 for APIs, applications and autonomous agents.
The latest products extend a series of agent-payment releases from Coinbase. As previously reported, Amazon added Coinbase x402 to Bedrock AgentCore Payments in May, allowing agents to pay for services in USDC. Coinbase-backed x402 also launched Agentic.market in April to help agents discover and purchase compatible online services.
The company has not disclosed payment volumes expected from the feature.Coinbase said the three updates cover businesses receiving payments, people directing financial agents and developers building agent services. The rollout remains tied to user-set controls, supported regions and product availability. Coinbase Business currently operates in the U.S. and Singapore, while individual features and USDC reward rates may differ by market.
Binance has added Across Protocol (ACX), Lisk (LSK) and Stacks (STX) to its Monitoring Tag list after completing its latest project reviews.
Summary
- ACX, LSK and STX now carry Binance’s Monitoring Tag and face regular listing reviews ahead.
- Binance will assess liquidity, development, security, communication and token supply before changing each token’s status.
- STX fell sharply after the announcement, while ACX showed a smaller daily decline on Binance.
The change took effect on July 24, 2026, and places the three tokens under closer checks for volatility, liquidity, development activity and operational risk. The decision does not stop spot trading or related services.
The exchange said Monitoring Tag assets carry higher volatility and risk than other listed tokens. However, the tag does not mean Binance has decided to remove ACX, LSK or STX. The company said the tokens are “at risk of no longer meeting our listing criteria and being delisted” if later reviews find continued concerns.
Binance expands its risk review list
Binance reviews tagged projects at regular intervals. Its assessment covers team commitment, development quality, trading volume, liquidity, network security and smart contract stability. The exchange also checks public communication, responses to due diligence requests and any major changes to token supply or tokenomics.
The review also considers evidence of fraud, negligence or conduct that may harm the wider market. Binance did not give a project-specific reason for adding each token. It also said other services linked to ACX, LSK and STX would remain available, while the new tags would appear shortly after the notice. Binance can later remove the tag or move toward delisting after further checks. The exchange said the process aims to ensure listed assets continue to meet its current compliance standards.
ACX, LSK and STX face market pressure
Market data showed different reactions across the three assets. At the time of writing, Binance listed STX near $0.150, down about 10.4% over 24 hours. ACX traded near $0.041 after a 2.6% decline. Separate market data placed LSK near $0.085 as traders assessed the announcement. Prices may continue to change as trading activity develops.
ACX joined Binance in December 2024 with a Seed Tag and rose about 147% after the listing announcement. More recently, Across Protocol approved a plan that gives holders a route to exchange ACX for equity in a new U.S. company or accept a USDC buyout. Binance did not say whether that restructuring influenced its decision.
Projects continue separate development plans
Lisk has also changed its network structure in recent years. The project moved from its original layer-1 model to the Optimism Superchain. As crypto.news reported, its community later considered whether to burn 100 million LSK, equal to 25% of the planned supply, or place the tokens in a long-term DAO fund.
Stacks, meanwhile, continues to develop Bitcoin-based smart contract products. The network uses STX for fees, smart contract execution and miner rewards. In 2025, digital asset custodian Hex Trust added support for STX and sBTC, expanding institutional access to the Stacks ecosystem.
The Monitoring Tag now makes Binance’s future reviews the main listing test for all three tokens. A project can later lose the tag if the exchange finds that conditions have improved. It can also face delisting if Binance decides it no longer meets the platform’s standards.
Trading remains available, and Binance said other services will not be affected. The exchange plans to update the Monitoring Tag labels after publication. It did not set a date for the next review or give a timetable for a delisting decision.
Binance added Across Protocol (ACX), Lisk (LSK), and Stacks (STX) to its Monitoring Tag on July 24, signaling all three now carry delisting risk on the world’s largest crypto exchange.
The tag marks tokens that show higher volatility and risk than other listed assets. Binance reviews these projects regularly and can delist them if they fail to meet its criteria.
Why the Binance Monitoring Tag Matters
The Monitoring Tag is Binance’s warning system for assets it deems higher risk. It does not remove a token right away.
Instead, it puts projects on notice. Binance weighs team commitment, development activity, trading volume, network stability, and tokenomics changes during each review. Evidence of fraud or negligence can also trigger the tag.
“These tokens are closely monitored, with regular reviews conducted. Keep in mind that tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform,” the exchange said.
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Token Prices Slide Amid Binance Delisting Threat
All three tokens fell sharply after the news before paring some losses. Lisk dropped to $0.074 on Binance, an all-time low.
At press time, LSK traded down 3.85% on the day. Across Protocol slid to an intraday low of $0.035, its weakest level since March.
ACX had recovered to a 1.14% loss by press time. Stacks fell to an intraday low of $0.143, its lowest since late 2020. STX showed the steepest drop of the three, down 7.05% at press time.
The tag does not guarantee removal. Still, it serves as a warning signal. The exchange added it to Beefy.Finance (BIFI) and Measurable Data Token (MDT) in June 2025.
FunToken (FUN) and Orchid (OXT) received it in March 2026. All four were confirmed for delisting from Binance in April 2026, alongside FIO Protocol (FIO) and Wanchain (WAN).
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The post 3 Altcoins Decline as Binance Flags Delisting Risk appeared first on BeInCrypto.
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