Billionaire Jeremy Grantham Dismisses Bitcoin, Says Crypto Will Fade 'With a Whimper'
Billionaire investor Jeremy Grantham predicts Bitcoin and cryptocurrencies will gradually disappear rather than crash dramatically. Grantham, a seasoned investor, expects crypto to fade away quietly over time without a sudden collapse.
Polymarket hack updated to $3.1 million days after the platform promised users full refunds
Polymarket users lost $3.1 million in a hack that occurred after the platform had promised full refunds to affected customers. The platform now faces investigation by authorities regarding allegations of false or deceptive marketing practices.
Coinbase and OKX try to lure in Binance’s EU users after it failed to secure a MiCA license
Coinbase and OKX are offering new users sign-up bonuses of up to 8% on deposits or transfers from other accounts. These incentives target European users of Binance, which failed to obtain a MiCA license required for EU operations.
South Korea’s Stock Market KOSPI Just Flashed a Global AI Warning
The KOSPI stock index fell 8.19% intraday Friday, triggering its second circuit breaker halt in one week and forcing a 20-minute trading suspension. The decline dragged down Wall Street, Tokyo markets, and SoftBank shares, indicating concentrated AI chip sector exposure across global markets.
CLARITY Act Advances: Is This the Regulatory Win XRP Needed?
XRP is trading near $3.25 while the CLARITY Act remains stalled in Senate committee. The article discusses technical price levels and a $5 target scenario alongside potential impacts from passage on institutional investment and spot ETF development.
XRP Logs Highest ETF Inflow in Six Weeks as Demand Surges Against Bitcoin
XRP received nearly $23 million in ETF inflows this week, marking its highest weekly inflow in six weeks. Institutional demand for XRP has increased notably as the asset gains attention against Bitcoin.
Binance founder CZ blames crypto's sour 2026 on mix of AI, global tension, 4-year cycle
The cryptocurrency market declined 50% over the past year due to multiple factors including artificial intelligence developments, global tensions, and a four-year market cycle, according to Binance founder CZ. He attributed the downturn to no single cause but rather a combination of these interconnected challenges affecting the sector.
Coinbase CEO Halved AI Costs, Calls Bitcoin Downturn a Cool Breeze
Coinbase CEO Armstrong reduced the company's AI spending by fifty percent while token usage increased. He characterized Bitcoin's bear market as a minor setback rather than a serious concern.
Strategy's valuation has fallen below the value of its bitcoin holdings
Strategy's market valuation has dropped below its bitcoin holdings value, eliminating the premium investors previously paid. The company can no longer use this valuation gap to raise capital easily as it once did.
SecondFi targets two-week recovery after Cardano wallet exploit
SecondFi completed forensic investigations and took a final balance snapshot following a Cardano wallet exploit. The platform targets a two-week recovery period to return assets to users.
Aave Advances Automated AAVE Buyback Overhaul With Aavenomics 3.0
Aave will implement an automated buyback mechanism routing all protocol and GHO revenue to AAVE holders by default. This replaces the current discretionary committee-directed program as part of Aavenomics 3.0.
Bitcoin Records Worst ETF Week Ever
Bitcoin ETFs experienced their largest weekly outflow since launching in January 2024. The funds have failed to recover from consistent weekly losses during this period.
Ripple CEO Criticizes Saylor’s Bitcoin Strategy While Remaining Bullish on BTC
Ripple CEO Garlinghouse criticized Saylor's Bitcoin strategy as a "damning indictment" while maintaining bullish sentiment on Bitcoin. STRC was trading 26% below par at the time of his comments.
EU lawmakers urge assessing DeFi, staking, NFT regulation
EU lawmakers issued a nonbinding report outlining Parliament's vision for future crypto regulation and warning against fragmented national MiCA rules. The report urges assessment of how to regulate decentralized finance, staking, and nonfungible tokens across the European Union.
How MiCA is Testing Binance’s Four Competitive Advantages
Binance maintains a 39% market share and operates a $200 million compliance division as it navigates regulatory pressures from MiCA. The exchange's competitive advantages are being tested by the European regulatory framework's requirements.
Ripple CEO stays bullish on bitcoin but says Saylor's strategy has hurt crypto
Ripple CEO Brad Garlinghouse criticized Michael Saylor's preferred-stock funding strategy as "financial engineering" that distracted the cryptocurrency market, citing MSTR's decline to record lows. Garlinghouse remains bullish on bitcoin while running Ripple, which develops XRP as a competing digital asset.
Dogecoin and Hyperliquid's HYPE led weekly crypto losses as AI stocks lure buyers
Ether declined 8% during the week while memecoins experienced steeper losses as investors rotated toward AI stocks and chipmakers. The equal-weight S&P 500 reached record highs, but cryptocurrency assets did not participate in the broader market rally.
Securitize expects to raise $400M ahead of public debut
Securitize plans to raise $400 million before going public, with fewer than 30% of shareholders in its acquisition firm choosing redemption. The company will have the stated capital available for its public debut.
SOL reclaims $72, but onchain data flags weakening momentum
Solana's price reclaimed $72 supported by tokenized stock trading activity on its network. Declining total value locked and decentralized exchange volumes indicate weakening momentum despite the price recovery.
MoneyGram CEO on rolling out MGUSD to its 60 million users, globally
MoneyGram launched MGUSD, its own stablecoin, and has already processed over 2 billion dollars in stablecoin settlements through partnerships including Kraken and a validator position on the Tempo network. The company plans to roll out the stablecoin to its 60 million users globally after five years of blockchain development.
US senators urge CFTC probe Polymarket over ‘deceptive marketing’
Two senators asked the CFTC to investigate Polymarket for deceptive marketing practices. Senators John Curtis and Adam Schiff cited concerns about the regulator's enforcement capability following a report on Polymarket's advertising.
Polymarket Confirms $3 Million Loss From Third-Party Front-End Supply-Chain Breach
Hackers stole approximately $3 million from Polymarket by injecting malicious code through a compromised third-party vendor into the platform's website. The company committed to fully refunding fewer than 15 affected accounts.
Zuckerberg Urges Meta to Explore Polymarket and Kalshi Partnerships
Meta is exploring partnerships with prediction market platforms Polymarket and Kalshi while simultaneously developing its own prediction market app called Arena. Mark Zuckerberg urged the company's leadership to investigate these collaborations according to a New York Times report.
Chainlink Launches Project Pangea With 50+ Banks Across 16 Countries for T+0 FX Settlement
A blockchain-based foreign exchange settlement system involving over 50 banks across 16 countries aims to enable real-time atomic settlement in the $9.6 trillion daily FX market. The system integrates Chainlink rails, Swift messaging, and regulated EUR and KRW currencies.
Old Ether wallets move 37,806 ETH as whale conviction faces key test at $1.5K
Old Ether wallets moved 37,806 ETH as long-term whale profitability turned negative for the first time since 2019. This shift in whale holdings signals mixed sentiment among large Ethereum holders regarding the $1.5K price level.
Ripple Launches RLUSD in Japan via SBI as Circle and Nomura Join Stablecoin Race
Ripple's RLUSD stablecoin launched in Japan on Tuesday following Financial Services Agency approval, becoming the first foreign-issued stablecoin under Japan's revised Payment Services Act. SBI is handling the distribution of RLUSD tokens in the country.
Investor Who Predicted 2008 Bubble Says Sell US Stocks Before 70% Drop
Jeremy Grantham, an investor who predicted the 2008 financial crisis, warns that US stocks are at historically high valuations due to an artificial intelligence bubble. He predicts a possible 70% decline in stock prices and recommends selling equities.
Galaxy Research Cuts CLARITY Act Passage Odds to 50-50 as Senate Clock Runs Out
Galaxy Research lowered its probability estimate for Senate passage of the CLARITY Act to 50-50. The firm cited decreasing legislative time before Congress's August recess and growing uncertainty.
Wall Street's Next Tokenization Test: BlackRock-Backed Securitize's Market Debut
Securitize will begin trading next week under the ticker symbol "SECZ" after completing a merger with a blank-check company. The BlackRock-backed firm specializes in tokenization of securities and related digital asset infrastructure.
17 Democratic Senators Seek to Bar CFTC From Funding Prediction-Market State Lawsuits
Seventeen Democratic senators requested that a spending bill rider prohibit the CFTC from using federal funds to sue states over prediction-market regulation. The effort escalates a jurisdictional dispute that spans nine states regarding authority over prediction-market oversight.