Exodus Movement has cut about 25% of its global workforce as the crypto wallet company reorganizes around a full-stack stablecoin payments platform. Summary Exodus has cut 25% of its global workforce, potentially affecting about 54 employees. The company expects $10 million to $13 million in annual savings by 2027. Exodus is integrating Monavate and Baanx…
Coinbase has backed a tougher CLARITY Act after Senate Democrats added customer safeguards, even as its 2026 approval odds have fallen to 31% on Polymarket amid a dispute over ethics rules involving President Donald Trump. Summary Coinbase backs the revised CLARITY Act after Democrats secured stronger customer protections. White House resistance to crypto ethics rules…
SpaceX stock has fallen to $119.79 after seven straight losing sessions, leaving SPCX 11% below its $135 IPO price before Tesla’s second-quarter earnings and a renewed Starship launch attempt. Summary SpaceX stock closed 3.34% lower at $119.85 before recovering slightly after hours. SPCX faces resistance near $125 as Tesla earnings and Starship Flight 13 approach….
Injective’s INJ token launched on Robinhood at $4.76–$5.00 on July 16, giving the layer-1 blockchain a roughly $494M market cap, and that listing was only the second headline out of a Washington, D.C. summit, with an Injective SEC filing stealing the headlines. Alongside a Robinhood listing, Injective also packed an SEC filing, a Linux Foundation…
Nearly $2.3 billion in stablecoins have exited Binance and Bybit over 30 days. Bitcoin (BTC) continues to trade in a consolidation phase, a little above the $60,000 level. The market is approaching 165 days of testing that crucial price zone despite a rally above $80,000 in May that ultimately failed to sustain momentum, according…
Binance founder Changpeng Zhao has drawn a line between Bitcoin’s 21 million supply cap and an AI investment cycle that JPMorgan CEO Jamie Dimon expects to attract $725 billion this year. Summary CZ says AI boosts productivity, while Bitcoin’s fixed supply protects wealth from inflation. Jamie Dimon expects AI investment to reach $725 billion amid…
Today’s BTC USD price prediction has Bitcoin is trading around $64,600, up a modest +0.3% in 24 hours, but the real story isn’t the current candle. It’s what a Bloomberg Intelligence analyst just mapped out using 22 years of gold ETF history, and what that roadmap implies for BTC’s next major leg. The number at…
Here’s what could ignite a strong BTC comeback. The leading digital asset has been stuck in a persistent bear market over the past several months, currently trading at around $64,500 (a nearly 50% decline from its ATH set last year). Despite the negative environment and waning investors’ interest, certain factors suggest that the bulls…
Cardano price remained under pressure on Monday despite the activation of the network’s van Rossem hard fork, leaving ADA traders focused on whether the token can break through its next major resistance zone. Summary Cardano remains near $0.16 as weak momentum limits gains following the van Rossem hard fork. ADA must reclaim $0.17 and $0.19…
The FDIC protects bank depositors, and through a mechanism called pass-through insurance, it can protect people who hold money through intermediaries. Stablecoin holders assumed they were next in line. The FDIC has now said, in a speech and a proposal, that they are not, and the reasons teach you exactly what a stablecoin is. Summary…
