Key Takeaways Bolivia floated its dollar rate on June 26, causing a 40% devaluation to stabilize foreign reserves. Past fixed rates caused severe dollar shortages, pushing locals to expand stablecoin proxy markets. Minister Espinoza cut currency interventions, next forcing other business sectors to generate dollars. Bolivia Abandons Fixed Dollar Exchange Rate Regime, Opens To Flotation…
XRP whale outflows becoming less concentrated on Binance and increasingly distributed across other trading platforms. Large XRP transfers are becoming more prominent across centralized exchanges overall, while their activity on Binance has declined. Data from the 7-day moving average of the XRP Whale vs Retail Spread across all centralized exchanges rose from 26% on…
A well-known leaker in the gaming hardware space claimed this week that it costs Sony nearly $1,000 to make its upcoming PlayStation 6 console. If true, the console’s eventual retail price could be significantly higher. According to KeplerL2, a leaker known for accurate gaming hardware leaks, Sony’s costs to manufacture its upcoming PlayStation 6 console…
Prediction-market operators have increasingly moved to own more of their trading infrastructure, setting the stage for an acquisition wave across crypto exchanges, sportsbooks, brokerages and trading venues, according to Bernstein. Summary Bernstein expects prediction markets to enter an acquisition phase as platforms consolidate trading infrastructure. Robinhood, Coinbase, DraftKings and Cboe are expanding in-house prediction market…
One of WhatsApp’s most in-demand features is finally coming out of beta. Later this year, the messaging app used by over 3 billion people plans to add usernames. It’s an additional (and more privacy-friendly) way for WhatsApp users to connect without sharing phone numbers. But that means the race to grab the best WhatsApp usernames…
Key Takeaways BNY added USDC mint and burn to its custody platform on June 29, 2026, in a deal with Circle. BNY oversees $59.3 trillion in assets, giving the new USDC services immediate institutional scale. Circle plans to expand stablecoin support beyond USDC to additional issuers on BNY’s platform. What BNY Is Offering The bank…
In BlackRock Bitcoin news today, iShares Bitcoin Trust, better known as IBIT, shed $1.3Bn in net redemptions during the week of June 22–26, according to Farside Investors flow data. That single fund accounted for 72.9% of the $1.79Bn that left the entire US spot Bitcoin ETF complex that week, the clearest sign yet that the…
Cursor isn’t letting the $60 billion SpaceX acquisition slow it down. On Monday, the company announced a new mobile app for iOS devices designed for users who want to prompt coding agents directly from their phone. The app ties into the Cursor 2.0 changes unveiled in October, which shifted the service towards independent coding agents….
The token entered crypto’s prestigious top 100 club after its market cap surged to nearly $700 million. The cryptocurrency sector may be stuck in a prolonged bear market, yet some tokens still manage to outperform with significant upward moves. Velvet (VELVET) is a standout example, having jumped by quadruple digits in the past month….
Changpeng “CZ” Zhao is making his most visible return to the American stage yet — and this time, he arrives bearing a mission rather than just an apology. CZ sat down with CoinDesk for a pair of interviews earlier this month, sharing his views on the exchange he founded, crypto’s trajectory in the U.S., and…
