Key Takeaways ARK Invest bought 35,023 Robinhood, 9,014 Coinbase, 9,264 Circle, and 9,136 Bullish shares on June 25. All four stocks fell that day, with Coinbase down 5% to $142.52 and Bullish off 6.77% to $21.88. The dip-buying extends Cathie Wood’s high-conviction crypto thesis, anchored by a $1.5 million bitcoin target. Buying Into a Broad…
Key Takeaways Binance notified users in affected EU markets that crypto services will stop from July 1. The exchange told customers their assets will remain safe and accessible. The company withdrew its Greek MiCA application after concluding the approval process would not finish before the EU deadline. Customer Emails Explain Service Changes as MiCA Access…
Key Takeaways Bitcoin ETFs lost $696.29M on June 25, with Fidelity and Blackrock leading outflows. Ether, HYPE, and solana ETFs also turned negative, signaling broader risk-off sentiment. Morgan Stanley’s MSBT added $9.17M, but ETF demand remains weak across crypto markets. HYPE ETFs Turn Negative After Weeks of Inflows as Crypto Selloff Widens The pressure that…
Key Takeaways USDT briefly passed ether by market cap at about $186.06B versus $185.66B, the first time in roughly 8 years. Tether’s issuance-driven growth met a falling ether price near $1,500, closing a gap that had narrowed for months. Ether subsequently reclaimed second place as prices firmed, but USDT’s continued rise reflects stablecoins’ growing dominance…
Key Takeaways X Money’s new Cash Sweep Program offers Premium+ users up to $10M in FDIC coverage, 40x the $250K standard limit. The service pays a 6% APY and runs on a Visa partnership, holding standard deposits at Cross River Bank up to $250,000. A full public rollout is targeted for mid-2026, even as Senator…
The EU is weighing a 1% online gambling tax, the S&D group says could raise $2.3-4.6 billion a year. MEP Victor Negrescu proposed the levy in February; the Commission is now preparing a formal assessment. Malta, where gambling is roughly 10% of GDP, opposes the tax on fiscal-sovereignty grounds. From national crackdowns to a Brussels…
Key Takeaways Gomining mined the first live Bitcoin block via DMND pool, letting miners pick transactions. Gomining bypassed centralized pool operators for over a decade of tradition by constructing its own template. Advocates expect this production milestone to drive global adoption of Stratum V2 across mining networks. A Milestone for Miner Autonomy Digital mining firm…
Web3 education platform Rise In and Stellar Philippines hosted the “Build on Stellar” initiative at the Philippine Blockchain Week 2026 from June 20 to 21 at the SMX Convention Center, drawing 127 registered participants. The two-day event focused on transitioning local developers from theoretical blockchain concepts to product development on the Stellar network and Soroban…
Key Takeaways Oobit integrated Pix on Tuesday, next opening crypto payment markets to 170M Brazilian users. Tether led a $25M round for Oobit, next pushing USDT to capture 93% of Brazil’s payment market. Oobit usage grew 200% as users spend $400 monthly, expanding USDT adoption across Latam. Oobit Expands USDT Rails to Brazil’s Pix Network,…
Key Takeaways IBM’s nanostack chip at the 0.7 nm node packs nearly 100 billion transistors, nearly 2x the density of IBM’s 2021 chip. The 3D architecture delivers up to 70% greater energy efficiency, targeting artificial intelligence (AI) accelerator workloads with improved SRAM scaling of 40%. IBM Research sees a path to production in five years…
