Prediction Markets and Casinos Are Both Betting Big on Washington
Kalshi spent $990,000 on federal lobbying in the first half of 2026, nearly doubling its annual spending from the previous year. The prediction market operator and casino industry are both significantly increasing their Capitol Hill expenditures to compete for regulatory influence.
Grayscale Investments Focuses on Expanding Crypto ETF Portfolio with Worldcoin Filing
Grayscale Investments submitted a registration statement for a spot Worldcoin ETF to expand its crypto ETF portfolio. The filing represents the firm's effort to provide investors with regulated access to digital assets through exchange-traded funds.
Bernstein Updates Robinhood Markets Share Price Target to $160, Citing Strong Growth Potential in Prediction Markets Over Traditional Crypto
Bernstein raised its 12-month price target for Robinhood Markets to $160 from $130, maintaining an Outperform rating. The firm cited strong growth potential in prediction markets as a key factor in its updated outlook.
Bitcoin’s Quantum Vulnerability Finds a Practical Recovery Solution, Yet Satoshi’s Holdings Remain Exposed
A practical recovery solution has been developed to address Bitcoin's vulnerability to quantum computing attacks that could derive private keys from exposed public keys. Satoshi Nakamoto's estimated 1 million bitcoins remain at risk because the founder's early holdings have exposed public keys that quantum algorithms could theoretically exploit.
Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil
Movement Labs filed for Chapter 11 bankruptcy while continuing operations under court supervision after facing a market-making scandal, a co-founder's suspension, and multiple exchange delistings. The blockchain developer is restructuring its operations following the MOVE token turmoil that affected the project.
Hyperscale Data Buys More Bitcoin, Bridging Holdings to Over $72 million
Hyperscale Data acquired additional Bitcoin, bringing its total holdings to over 1,000 coins valued at more than $72 million. The company's Bitcoin holdings now exceed 1,000 units in total.
Solana News: Stablecoin Supply Hits $15Bn With New Issuers Reshaping the Mix
Solana's stablecoin market reached $15 billion in total supply, driven by emerging issuers. Non-USDC and non-USDT stablecoins on Solana reached $4.81 billion at an all-time high.
MoneyGram's CEO says blockchain works best when customers don't know it's there
MoneyGram's blockchain strategy has evolved from early experimentation into a broader modernization effort for the company's global payments infrastructure. CEO Anthony Soohoo stated that blockchain functions most effectively when customers remain unaware they are using it.
Russia Passes Landmark Crypto Law, Setting State-Run Rails for Sanctioned Trade
Russia's parliament passed its first comprehensive cryptocurrency law establishing a state-regulated framework for exchanges and investors. The legislation creates official channels for sanctioned crypto trading under government control.
Galaxy (GLXY) Commits $5 Million to Prepare Bitcoin for the Quantum Threat
Galaxy Digital allocated five million dollars toward a Bitcoin Quantum Readiness Initiative to address potential threats from quantum computers. The initiative aims to help prepare the Bitcoin network for security challenges that powerful quantum computing could pose.
Ethereum price forecast: ETH eyes $2,000 breakout as ETF inflows boost momentum
Ethereum gained 8.8% over one week driven by spot ETF inflows including BlackRock's ETHA. The cryptocurrency climbed above $1,900 with $2,000 identified as the next major resistance level.
Robinhood Chain Booming, Bernstein Puts Higher Target on HOOD
Bernstein raised its price target on Robinhood stock to $160, driven primarily by growth in Robinhood Chain rather than crypto trading volume. The analyst firm identified the blockchain network as a key factor supporting the higher valuation target.
Bitcoin Price Back Above $65K in Low Liquidity Rally as Clarity Act Advances
Bitcoin's price rose above $65,000 during a low-liquidity rally while U.S. spot ETFs experienced inflows for a second consecutive week. The CLARITY Act progressed in the Senate amid this price movement.
Bankruptcy Court Clears $130M Ripple Share Sale Led by Galaxy Digital’s $60M Block
A U.S. bankruptcy court approved a $130 million Ripple equity sale, with Galaxy Digital purchasing $60 million of the shares. The proceeds will be directed toward customer recovery efforts.
Tether’s Stablecoin USDT Faces a Critical Two-Year Regulatory Horizon in the US Market
USDT, a stablecoin, faces heightened US regulatory scrutiny with a compliance deadline that could affect its availability on US trading platforms by 2026. Federal lawmakers have introduced structured oversight requirements for stablecoins as the cryptocurrency industry develops.
London Stock Exchange to launch overnight trading venue in 2027 as crypto competition grows: FT
The London Stock Exchange will launch a separate overnight trading venue in the first half of 2027. This move extends market access hours as the exchange faces competition from cryptocurrency platforms.
Strategy’s Michael Saylor Urges Bitcoin (BTC) Community to Oppose BIP-110 as Activation Deadline Approaches
Michael Saylor urged the Bitcoin community to reject BIP-110, a controversial soft fork proposal designed to restrict non-monetary data like inscriptions on the network. The activation deadline for this temporary measure was approaching as the debate continued within the ecosystem.
Institutional Bitcoin Options Traders Place Large Bets on $72K BTC Price by Late July, Aligned with Federal Reserve Meeting
Institutional Bitcoin options traders are executing bull call spread strategies targeting a $72,000 price level by late July. This positioning aligns with the US Federal Reserve's upcoming policy meeting scheduled for that timeframe.
Bitcoin Reclaims $65,000 as BTC ETF Inflows Return: Is the Worst Over?
Bitcoin rose to $65,000 as exchange-traded fund inflows resumed for a second consecutive week. The recovery represented a 3.3% gain against the $8.2 billion in previous outflows.
BlackRock’s Larry Fink Says Crypto Washout Is Over: Is Bitcoin Stabilizing?
BlackRock CEO Larry Fink stated that the cryptocurrency leverage washout has ended as Bitcoin ETF flows became positive. Bitcoin ETF inflows suggest potential stabilization in the crypto market following previous volatility.
Kalshi Adds 3 Million Users During FIFA World Cup Boom
Kalshi gained three million users while bettors traded over $1.2 billion on its FIFA World Cup winner market. The platform experienced this user growth during the World Cup betting event.
Allbridge Core Pauses Protocol After Attacker Drains More Than $1 Million
An attacker exploited Allbridge Core's stablecoin liquidity pools, draining over $1 million, which prompted the protocol to pause operations. This incident occurred during a month when crypto protocol exploits resulted in $57.8 million in total losses.
Kraken Won Historic Fed Approval. So Why Isn’t Its Master Account Live Yet?
Kraken received Federal Reserve approval for a master account but has not yet activated it months after gaining authorization. CEO Brian Mathena provided an explanation for the operational delay in implementing this historic banking access.
MicroStrategy CEO: Wall Street’s Biggest Banks are Locked in a Tight Bitcoin Race
Wall Street's major banks including Goldman Sachs, JPMorgan, and Citigroup rank below Fidelity in MicroStrategy's Bitcoin Banking Adoption Index. The ranking measures how these financial institutions are adopting Bitcoin services and capabilities.
Bitcoin's biggest advocate, Michael Saylor, says new plan to clean up the blockchain is 'a bad idea'
A proposal called BIP-110 would temporarily block spam data from the Bitcoin blockchain, but Michael Saylor contends this would compromise network neutrality. Saylor warns the plan establishes a precedent for censorship on Bitcoin.
Michael Saylor Calls Corporate Bitcoin Adoption Necessary and Inevitable
Michael Saylor states corporations are essential for Bitcoin to achieve success as global money due to efficiency, scale, and trust considerations. He characterizes corporate Bitcoin adoption as necessary and inevitable.
Kraken Expands Access to Crypto Options with New Bitcoin (BTC) and Ethereum (ETH) Contracts
Kraken introduced new options contracts for Bitcoin and Ethereum to expand derivatives trading access for professional and institutional investors. The exchange, which also offers stock trading, aims to make sophisticated crypto options available to a broader user base.
Ethereum (ETH) Emerges as Crypto Market Leader in Tokenized ETF Inflows Amid Broader Institutional On-Chain Shift
Ethereum received more capital inflows into tokenized exchange-traded funds than any other blockchain over the past year. The shift reflects broader institutional adoption moving onto blockchain networks through tokenized financial products.
FTX Bankruptcy Proceedings Enter Next Phase with $900 Million Creditor Distribution
FTX's bankruptcy estate will distribute approximately $900 million to eligible creditors in its fifth wave of repayments. This distribution marks continued progress in the estate's obligation to address claims from the collapsed cryptocurrency exchange.
Ripple Payments Joins MiCA With 14 Firms, Does It Mean Anything For XRP?
Ripple Payments Europe joined 14 other firms added to the European MiCA register, bringing the total authorized crypto providers in the EU to 294. This regulatory authorization confirms Ripple's compliance with MiCA requirements in Europe, though the article notes licensing momentum is cooling.