Venezuela’s USDT market is handling volumes that now rival one of the country’s largest sources of foreign currency. Summary Venezuela’s Binance P2P market handled 1.389 billion USDT between June 11 and July 13 alone. Ecoanalítica estimated the volume equaled 75% of Venezuela’s monthly oil export value during the period. USDT traded near 840 bolivars, around…

This was the exchange’s first-ever institutional funding round. As a result, CRO skyrocketed by 25% in minutes. The 10-year-old cryptocurrency exchange, with a reported user base of tens of millions, announced a strategic $400 million investment from Citadel Securities. The statement from the company stated that its valuation after the funding round was $20…

A White House teleprompter operator has been placed on paid leave after allegedly earning more than $90,000 from Kalshi bets tied to words President Donald Trump would use in his speeches. Summary The CFTC is investigating Gabriel Perez over more than $90,000 in reported Kalshi profits. Kalshi froze most of the gains after flagging bets…

Lionel Messi will play in his second consecutive World Cup final, yet that wasn’t good news for one trader. The FIFA World Cup is arguably the most watched sporting event across the globe, and its high-stakes matches often attract gamblers willing to place substantial wagers. The recent semi-finals, Argentina vs. England and Spain vs….

President Donald Trump has promoted more than 20 companies, including Nvidia, Tesla and Apple, within days of purchasing their shares, according to a CNN investigation. Summary CNN linked Trump’s company promotions to stock purchases made only days earlier. Trump bought up to $500,000 in Nvidia shares before announcing faster AI permits. The findings have added…

Armstrong believes market incentives encourage AI companies to build safe products without the need for an additional regulatory framework. Coinbase CEO Brian Armstrong has rejected calls for a new AI self-regulatory body, arguing that existing laws already provide enough protection against harmful AI. His remarks came just a day after the crypto exchange disclosed…

Trump Media & Technology Group has unveiled a paid data service that will deliver real-time posts from Truth Social’s highest-ranking accounts to financial firms and news organizations. Summary Trump Media will sell real-time Truth Social posts through a licensed API for financial firms. President Trump’s 12.9 million-follower account gives the paid feed its main market…

Binance co-founder Changpeng Zhao has challenged Wall Street’s projected $700 billion AI spending wave by arguing that Bitcoin offers protection against inflation that artificial intelligence cannot provide. Summary CZ argues Bitcoin offers inflation protection that artificial intelligence cannot provide investors. Jamie Dimon expects AI spending to reach $725 billion as investment continues to surge. George…

Coinbase and Ripple have secured EU-wide access through Luxembourg as MiCA’s July 1 deadline has pushed Binance and other unlicensed platforms to scale back services. Summary Coinbase and Ripple have secured EU-wide access through separate Luxembourg MiCA authorizations. Binance’s retreat has created an opening for licensed exchanges to capture migrating customers. USDT restrictions give USDC…

Spot Bitcoin ETF inflows are staging a clean comeback, and the world’s most influential asset manager just handed the crypto market a high-profile vote of confidence. BlackRock CEO Larry Fink told CNBC on July 15 that he is “very bullish” on the crypto market over the next 12 months, comments that landed on the same…