U.S. President Donald Trump said on Monday that the United States has no choice but to lead the crypto industry, warning that China would take the lead if America stepped back. “ Crypto is the same thing,” Trump remarked, referring to comparisons with artificial intelligence. “If we didn’t do it, China would do it. It’s […]
Read More98% Chance to Play: Prediction Markets Surge Over Folarin Balogun’s Suspended FIFA Red Card
The alleged lobbying attempt by President Donald Trump to clear the U.S. team’s top scorer, Folarin Balogun, has sparked interest in prediction markets, with a majority of traders betting on his presence in the upcoming Round of 16 match against Belgium. A Majority of Polymarket Traders Believe Balogun Will Play Against Belgium The suspension of […]
Read MoreBitcoin Rebounds Above $63,500 After Strategy’s $216M Sale Triggers $214M in Short Liquidations
Bitcoin nearly reached $64,000 over the weekend before a sharp Monday morning drop dragged it to an intraday low of $61,246. It quickly rebounded back above $63,500, maintaining a nearly 7% gain for early July. Strategy Sparks Debate With $216 Million BTC Sale Bitcoin continued building on its weekend gains after breaching the $63,000 mark […]
Read MoreSummer Finance Pauses Vaults After $65.4M Flash Loan Attack Triggers $6M Loss
On Monday, July 6, the DeFi protocol Summer Finance was hit by a sophisticated flash loan and price manipulation attack, resulting in an estimated loss of $6 million. Security Firms Flag Breach Blockchain security firms reported Monday, July 6, a major security breach targeting Summer Finance, a decentralized finance ( DeFi) yield optimization protocol. According […]
Read More42,197 ETH Acquired as Bitmine Builds $11.1B Crypto Treasury While Strategy Sells
Institutional crypto investors received two sharply different capital allocation signals Monday as Bitmine Immersion Technologies expanded its ethereum treasury while Strategy disclosed a rare bitcoin sale to fund preferred stock dividend payments. Strategy Breaks With Its Bitcoin Accumulation Playbook Earlier in the day, Strategy announced it sold 3,588 BTC for approximately $216 million, marking its […]
Read MoreBitcoin Stumbles After Strategy’s Historic Sale
After reaching a high of $63,945 per bitcoin a day earlier, BTC has since tumbled to a Monday low of $61,246 after Strategy disclosed the sale of 3,588 bitcoin. Strategy’s Biggest Bitcoin Sale Jolts the Market As the old saying goes, all good things eventually end, and what climbs often finds its way back down. […]
Read MoreElon Musk Says Space Is ‘the Only Way to Scale’ AI as SpaceX Chases 1 Gigawatt in Orbit by 2027
Musk reiterated today that orbital data centers are the endgame for artificial intelligence (AI) infrastructure, as SpaceX races to build satellites that would deliver 1 gigawatt (GW) of space-based compute per year by late 2027. “Space is the Only Way to Scale at Scale” He first declared the same earlier in February, when his AI […]
Read MorePrediction Markets Traded Nearly $460M on Mexico-England as World Cup Odds Swung From Red Card to Certainty
Prediction-market traders moved nearly $460 million combined across Kalshi and Polymarket on England’s 3-2 round-of-16 win over Mexico. Seen as one of the best matches of the World Cup so far, the two-goal swings, the red card, and the dueling penalties whipsawed England’s win probability before it settled at 100%. The handle on this single […]
Read MoreXRP Gets Major Institutional Boost as Ripple Becomes Fully MiCA Compliant
XRP’s institutional outlook is strengthening after Ripple received full Crypto Asset Service Provider authorization under the European Union’s Markets in Crypto-Assets (MiCA) framework, giving Ripple regulated access across the 30-country European Economic Area. Why Ripple’s European Approval Strengthens XRP’s Setup Ripple’s newly secured Crypto Asset Service Provider (CASP) license reduces regulatory fragmentation across Europe, replacing […]
Read MoreBitcoin ETFs Post First Negative Half With $5.4 Billion in Outflows, DWF Labs Says
Spot bitcoin ETFs recorded $5.4 billion in net outflows in the first half of 2026, marking their first negative half-year since launch. DWF Labs says the reversal reflects weaker crypto sentiment as capital and attention shift toward AI. DWF Labs Says AI Boom Coincides With Bitcoin ETFs’ First $5.4 Billion Half-Year Loss Spot bitcoin exchange-traded […]
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