Joseph Rees

Prediction Markets Hit Record $10.8 Billion Week as SpaceX IPO, World Cup Drive Surge

Key Takeaways Prediction market trading volume reached $10.8 billion, setting a new weekly industry record. Major events across finance, sports, and geopolitics helped drive unprecedented trading activity. Baseline weekly volume has risen from under $1 billion a year ago to the $6 billion–$7 billion range this spring. Prediction Markets Hit a Record $10.8 Billion in…

Read More

Saylor’s STRC Faulters, Uniswap Gets a Boost, And More

Key Takeaways STRC hit $82.53, testing Michael Saylor’s credit structure as analysts warn of deeper stress. UNI rose 23% as Standard Chartered’s 37x DeFi forecast renewed institutional interest. Illinois’ 0.2% crypto transfer tax starts Jan. 1, 2027, raising fears of startup flight. WEEK IN REVIEW $82.53 Intraday Low: How STRC’s Drop Tests Michael Saylor’s Bitcoin…

Read More

8 Senior Figures Gone in 5 Months – Bitcoin News

Key Takeaways Ethereum Foundation co-director Hsiao-Wei Wang resigned recently, the eighth senior exit in five months. Roughly 19 staff have left in 2026 as ether lags and a $30 million annual funding gap looms. Board member Bastian Aue steps in as the foundation searches for stable leadership in 2026. A Second Co-Director Walks Hsiao-Wei Wang…

Read More

Grayscale Research Head Says Saylor’s Strategy Faces a $1.5 Billion Cash-Flow Trap, Not a Bitcoin One

Key Takeaways Strategy owes about $1.5 billion in yearly preferred dividends against roughly $477 million in 2025 revenue. Saylor’s firm sold 32 BTC for $2.5 million in May, its first bitcoin sale since 2022, to fund payouts. Grayscale’s research head calls it a cash-flow problem as the preferred stack tops $15 billion. A Cash-Flow Problem,…

Read More

Cuba Passes 176 Historic Reforms to Open Its Economy to Private Banks and Real Estate

Key Takeaways The National Assembly passed 176 reforms on Thursday, opening Cuba to private investment. Under new rules, Cuba allows private firms with over 100 staff and private real estate market investment. Trump’s sanctions forced Diaz-Canel to exert reforms to save the island’s crashing economy. Cuba Backpedals On Socialism With New Economic Reforms Cuba, one…

Read More

Ireland Targets Crypto Assets in New Strategy to Disrupt Illicit Cash Flows

Key Takeaways On Thursday, Ireland’s Finance Minister, Simon Harris, launched a 30-point action plan to combat Irish money laundering and fraud. Crypto-assets and global financial networks face tougher regulations to halt digital illicit cash flows. An Garda Síochána and the Central Bank will continuously update enforcement policies through 2026. Targeting Digital Assets and Crypto Loopholes…

Read More