The blockchain industry has been waiting for its “iPhone moment”, a product so intuitive, it pulls in mainstream users. With AutoTasks, EASE Protocol may have just delivered it. In a press release shared with crypto.news on July 10, EASE Protocol, the blockchain platform specializing in enterprise and government-grade solutions, announced the launch of AutoTasks, a no-code toolkit designed to simplify smart contract deployment to a near-instant process. Accessible through the EASE SuperApp, AutoTasks allows users to configure and launch secure, pre-audited contracts without writing a single line of code. The tool, built around a fill-in-the-blanks Setup Wizard, supports a broad range of automated blockchain functions, from payment splitting and governance setup to IP-protected digital asset releases, all operable by non-technical users in under a minute. For a technology stack that’s long been lauded for its promise but criticized for its complexity, this development marks a notable shift. While other platforms have pitched “low-code” solutions or developer-centric frameworks, EASE’s approach skips the gatekeeping entirely. You might also like: Nansen brings validator muscle to Caldera in modular blockchain shakeup According to Douglas Horn, the architect of EASE Protocol, AutoTasks represents a fundamental shift in who gets to use blockchain. “AutoTasks look at them (smart contracts) from a user standpoint: They can hit a button and have a task handled for them automatically, without the fear of code errors or AI agent hallucinations. AutoTasks are powerful digital assistants made safe and easy for everyone,” Horn stated. The implications reach beyond crypto natives: by removing cognitive and technical hurdles, AutoTasks reframes smart contracts not as niche infrastructure, but as practical utilities anyone can wield, without needing to understand Solidity, gas mechanics, or the nuances of wallet integration. EASE’s playbook feels familiar, and that’s the point. A decade ago, you needed to understand HTML just to build a basic website. Then came drag-and-drop tools that let anyone launch a professional site in minutes. Now, blockchain is hitting that same inflection point. AutoTasks isn’t just simplifying smart contracts, the tool is attempting to drag them out of dev forums and into the real world. Imagine a local bakery setting up loyalty points on-chain, or an indie musician protecting their royalties without hiring a blockchain consultant. That’s the unexciting but transformative potential here. You might also like: BIT Mining bets on Solana, plans crypto war chest for $300m SOL treasury
On Thursday at 1:15 p.m., bitcoin ( BTC) is cruising at $113,430 per coin, following a climb into the $113,541 mark. As bitcoin flirts with fresh highs, industry analysts and crypto execs are sounding upbeat, hinting that the bull run may just be warming up. $112K Bitcoin: Experts and Execs See More Room to Run
DeFi platforms secured a major win in compliance after the U.S. Treasury officially removed the controversial Biden-era IRS reporting rule. DeFi platforms got a major win regarding compliance with the Internal Revenue Service. On Thursday, June 10, the U.S. Treasury Department officially eliminated the DeFi broker reporting rules. The controversial Biden-era rule required DeFi platforms to issue IRS 1099‑DA forms for all user transactions. This repeal was the result of earlier legislative action. Earlier this year, the U.S. Congress repealed the rule under the Congressional Review Act, and President Donald Trump signed the bill in April. DeFi-friendly Congressmen viewed the rule as a burden on DeFi platforms and contrary to the principles of decentralization. You might also like: U.S. Senate crushes Biden-Era IRS rule targeting DeFi How new IRS reporting rules will work DeFi platforms are now exempt from these compliance requirements, which include know your customer rules and transaction reporting. Moreover, the Congressional Review Act mechanism ensures that the IRS cannot issue a substantially similar rule in the future unless Congress specifically authorizes it. The repeal only applies to non-custodial DeFi applications. Centralized exchanges remain obligated to issue 1099‑DA forms. Additionally, all DeFi users still have the obligation to report their own gains and losses to the IRS. They also have to track their activity independently, as the IRS will no longer receive automatic transaction data. You might also like: DeFi at a crossroads: The SEC’s new stance could change everything | Opinion The DeFi industry saw this repeal as a major win. For instance, DeFi Education Fund CEO Miller Whitehouse-Levine viewed the rule as infringing on user privacy and undermining innovation in DeFi. Other experts warned that burdensome rules would push DeFi innovation overseas. DeFi protocols are decentralized software protocols that theoretically run on their own. They often do not have legal entities that represent them, which makes regulatory and reporting requirements difficult for them to comply with. However, there are also centralized projects that use the DeFi name for marketing purposes. Read more: $2.4B lost in 2025 H1 crypto hacks — exchanges and DeFi hit hardest: report
The SEC Crypto Task Force has reaffirmed that tokenized assets continue to be classified as securities, emphasizing the need for regulatory clarity and stakeholder engagement. This stance underscores the SEC’s
K Wave Media is aggressively expanding its Bitcoin holdings, targeting 10,000 BTC with a $500 million financing deal alongside Anson Funds. DDC Enterprise and Animoca Brands are jointly investing $100
Bitcoin has managed to extend its impressive rally, entering price discovery mode
More on Binance Coin USD Binance (BNB-USD): Its Future Through On-Chain Metrics SEC ends legal battle with top crypto exchange Binance Binance seeking less oversight while in talks with Trump crypto venture: report Financial information for Binance Coin USD
Ethereum is gaining significant traction among institutional investors as ETF inflows surge and corporate treasuries increasingly adopt ETH for yield generation and strategic utility. Recent data reveals that Ethereum ETFs
Bonk is pressing into a multi-layered resistance zone. Without a breakout, price risks a pullback toward the lower boundary of its pennant structure, in line with the 0.618 Fibonacci and value area low. Bonk ( BONK ) is trading at a critical resistance region, one that is stacked with multiple technical confluences. The current price zone includes the point of control, value area high, high time frame resistance, and the upper dynamic trendline of a potential larger pennant structure. With price tightening and momentum slowing, Bonk faces a pivotal moment. A breakout would mark a shift in structure, but failure to do so could trigger a healthy correction back toward support. Key technical points Resistance Confluence: Price is testing the POC, value area high, high time frame resistance, and dynamic pennant resistance. Support at 0.618 Fibonacci: In confluence with value area low and pennant base. Structure at Crossroads: A breakout shifts structure bullish; rejection maintains equilibrium inside the pennant. BONKUSDT (1D) Chart, Source: TradingView Bonk’s recent rally has brought price right into a cluster of resistance that must be overcome for bullish continuation. This region is significant due to its multi-factor alignment: the point of control, value area high, and a high time frame structural resistance all intersect here. Additionally, price is pressing into the upper boundary of a developing pennant, a formation that typically precedes larger directional moves. From a technical perspective, this confluence creates a clear decision zone. If Bonk breaks above the current level with strong volume and sustained candle closures, the pennant will confirm a bullish breakout, shifting structure and setting the stage for a sequence of higher highs and higher lows. You might also like: 4 memecoins to consider buying that feel like catching Dogecoin before the Elon pump However, in the absence of such confirmation, the current setup leans toward a short-term corrective move. The most likely destination for such a pullback is the lower boundary of the pennant, which aligns with both the 0.618 Fibonacci retracement and the value area low. This zone would offer a structurally healthy reset for price, keeping Bonk within equilibrium and allowing momentum to rebuild. Until a breakout occurs, the structure remains neutral-bullish but still inside consolidation. The tightening of price action within the pennant suggests that volatility compression is near its peak, and a breakout in either direction is likely to resolve in the coming days. What to expect in the coming price action If Bonk breaks above the current resistance cluster, expect a bullish structure shift. If not, price will likely correct toward the pennant support at the 0.618 Fib, maintaining equilibrium until breakout. Read more: U.S. markets little changed as investors weigh fresh tariff threats
Yesterday’s breakthrough to $112,000 was not a one-time thing, as the primary cryptocurrency has initiated another leg up in the past few hours and tapped a fresh peak at well over $113,000. Many altcoins have produced notable gains over the past 24 hours as well, with ETH climbing above $2,800 and DOGE shooting up by over 5.5%. BTCUSD. Source: TradingView BTC was stuck in a consolidation phase for weeks, with a lower boundary at $105,000 and an upper one at $110,000. However, the asset finally showed early signs of a potential breakthrough yesterday following Trump’s call for the Fed to reduce the interest rate by a historic percentage. This time, the $110,000 barrier couldn’t contain bitcoin, and the asset blasted through it with ease yesterday, popping up to a new all-time high at $112,000 amid growing demand from US investors. It retraced slightly today, but the bulls went back on the offensive hours ago, pushing the cryptocurrency to a new peak of over $113,000. With many altcoins posting impressive price increases over the past 24 hours, it’s no wonder that the overall liquidations within that timeframe have marked a multi-week high of $600 million. Naturally, shorts are responsible for the lion’s share, including this single position where a mysterious whale was wrecked for over $51 million. In the past hour alone, the liquidations have topped $80 million as BTC and most alts started to regain traction. Liquidation Heat Map. Source: CoinGlass The post Bitcoin Blasts to New ATH Above $113K, Leaving $600M in Liquidations appeared first on CryptoPotato .