Tether lost $791 million this week, a single-token drop that accounted for 41% of the $1.9 billion pulled from the entire stablecoin market. Most of its top competitors also finished lower, with USDC shedding 1.05% and Sky Dollar plunging 2.36%. The total stablecoin market cap sits at $311.311 billion, down 0.61% over the past seven […]
Read MoreFrance World Cup Winning Odds Climb to 35% as Polymarket Volume Tops $3.9 Billion
France has emerged as the clear favorite to win the 2026 FIFA World Cup, according to betting activity on Polymarket and Kalshi, two prediction market platforms that have processed billions of dollars in wagers on the tournament outcome. Polymarket Traders Favor France by a Wide Margin Polymarket‘s World Cup Winner market has generated $3.9 billion […]
Read MoreMichael Saylor’s Orange Dot Bitcoin Chart Returns as Traders Watch for Strategy’s Next Buy
Michael Saylor posted a fresh orange dot bitcoin chart Sunday, putting attention back on whether Strategy will announce another bitcoin purchase. The post follows last week’s $2.55 billion reserve shield and bitcoin monetization plan. Saylor’s Orange Dot Chart Points Back to Strategy’s Bitcoin Stack On July 5, Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor posted […]
Read MoreHow the Mighty Have Fallen. But That’s Crypto, Baby! – Week In Review
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. The stock market pushed higher once again this […]
Read MoreLatam Insights: Inside Brazil’s VASP Crackdown, Bolivia’s 40% Devaluation, and Venezuela Crypto Aid
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil moves VASPs to the same regulatory class as traditional brokerages, OKX launches an earthquake relief campaign for Venezuelans, and Bolivia abandons fixed dollar exchange rate. Same Risk, Same Rules: Brazil to Regulate […]
Read MoreNYT: Donald Trump’s TRUMP Token Leaves Nearly a Million Buyers Down $3.81B
Nearly 1 million investors, or roughly two-thirds of investors who purchased President Donald Trump’s branded TRUMP memecoin have lost a combined $3.81 billion through the end of June. Massive Losses for Retail Buyers Nearly 1 million investors who bought President Donald Trump’s memecoin have lost money, according to The New York Times, citing cryptocurrency analytics […]
Read MoreKenyan Treasury Pushes 30% Reserve Requirement as Stablecoin Firms Warn of Higher Costs
Kenya’s National Treasury and cryptocurrency exchanges are in a standoff over a proposed regulation requiring stablecoin issuers to hold at least 30% of their asset reserves in local commercial banks. Protecting the Local Market Cryptocurrency exchanges and Kenya’s National Treasury are reportedly locked in a standoff over a proposed regulation that would force stablecoin issuers […]
Read MoreBrazilian Federal Police Dismantle $2 Billion Crypto Money Laundering Ring Linked to the PCC Cartel
The operation, named “Exchange,” involved the participation of over 50 officers who executed 13 search and seizure warrants and 11 temporary arrest warrants in the state of Sao Paulo. The organization used crypto to launder illicit funds tied to Primeiro Comando da Capital (PCC). Brazil Terminates PCC-Linked Crypto Money Laundering Ring The Brazilian Federal […]
Read More“Everything is Ready”: Russia Finalizes Preparations for Nationwide CBDC Rollout
Elvira Nabiullina, Governor of the Central Bank of Russia, stressed that the main banks and large retail businesses were “ready for the widespread use of the digital ruble. The rollout of Russia’s CBDC is programmed for next September. Central Bank of Russia Prepared for Digital Ruble Rollout The Central Bank of Russia has reaffirmed […]
Read MoreUAE Central Bank Clears DDSC for VARA Platforms, Bringing Dirham Stablecoin to Consumers
The Central Bank of the UAE has granted a no-objection certificate to the dirham-backed stablecoin DDSC, allowing it to list on regulated exchange platforms. Federal Oversight and the Retail Transition The UAE dirham-backed stablecoin DDSC has reportedly secured a no-objection certificate from the Central Bank of the UAE. The approval opens the door for DDSC […]
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