Key takeaways:Solana native token SOL jumped to $72 on Friday, distancing itself from the $64 lows the prior day. Part of traders’ optimism stemmed from the stellar growth of tokenized stock trading, fueled by the AI sector. However, increasing competition in decentralized application networks coul…
A bipartisan pair of US senators has called on the Commodity Futures Trading Commission to investigate prediction market platform Polymarket after reports that it paid social media influencers to create videos showing fake bets.Republican Senator John Curtis and Democratic Senator Adam Schiff sent…
SharpLink Gaming bought 5,000 ETH, and a newly created wallet also purchased 9,050 ETH from FalconX, according to on-chain monitoring data.According to Foresight News, Onchain Lens reported that SharpLink Gaming’s 5,000 ETH purchase was valued at about $7.88 million.The report said SharpLink Gaming…
Bitcoin’s latest pullback was not driven by a single headline. Instead, traders were hit by a cluster of pressure points at the same time: weakness in global technology stocks, another heavy day of spot Bitcoin ETF redemptions, a sharp leverage flush, and a large monthly options expiry that kept th…
Ripple CEO Brad Garlinghouse said in a CNBC interview on Friday that Strategy’s approach to financing Bitcoin purchases relies on financial engineering that he believes cannot create long-term value.According to Odaily, Garlinghouse said the long-term value of digital assets should ultimately be dr…
Eight-year-old Ether (ETH) wallets have started moving coins for the first time since 2017, adding fresh supply to the market as Ether trades just above $1,500. Onchain data shows 37,806 ETH from long-dormant addresses became active, while separate whale transactions point to continued accumulation…
Meta NASDAQ:META CEO Mark Zuckerberg has urged his lieutenants to explore partnerships with the popular prediction markets Polymarket and Kalshi as his company builds a similar app, the New York Times said on Friday, citing three employees with knowledge of the matter.Meta and Polymarket declined t…
Base reported a second mainnet block production disruption within two days, with block production stopping at 15:33 UTC and resuming at 16:11 UTC after the team confirmed the issue. According to Odaily, Base said node operators need to restart Base mainnet nodes to complete resynchronization.Base s…
Jeremy Grantham, the GMO co-founder known for calling past market bubbles, warned that an AI bubble has pushed US stocks to their most expensive levels in American history and could set up a decline of as much as 70%.The veteran strategist made the remarks on CNBC, and his core advice was blunt. He…
Strategy briefly lost the premium that investors assigned to its bitcoin holdings on Friday, with its enterprise mNAV, a metric comparing the company's overall market value with the value of its BTC, slipping below parity.It happened as Strategy's common shares (MSTR) fell to a recent low of $82.16…
Tether briefly overtook Ethereum by market capitalization on June 26, according to the validated discovery pack, as ETH sold off into the $1,500 to $1,600 range and stablecoin supply remained comparatively steady. The crossover was temporary, but the symbolism was hard to ignore: during one of the…
Ripple CEO Brad Garlinghouse didn't pull any punches on Friday in an interview with CNBC when he denounced Strategy and its Chairman Michael Saylor's approach to funding bitcoin purchases."Financial engineering does not drive long-term value ... long-term value of any digital asset is going to be d…
Aave and Solana ecosystem tokens led a broader crypto rebound as bitcoin steadied near $60,000. Tokenized stock trading fueled fresh momentum across the Solana ecosystem, according to CoinDesk, while Aave founder hinted that token buybacks could be coming under a new framework.
Base’s B20 token standard was set to open for issuers on June 26, but a second chain stall in two days has delayed the B20 token launch.The network finished its Beryl upgrade on June 25, which carries B20 alongside faster withdrawals and lighter node software. Switching on B20 issuance depends on a…
Ripple has reported a sharp increase in tokenised assets issued on the XRP Ledger, highlighting growing institutional interest in blockchain-based financial products even as XRP continues to face pressure in the broader cryptocurrency market.The value of tokenised real-world assets (RWAs) on the XR…
The chair of the Spanish National Securities Market Commission reportedly said that there would be no extensions or waivers for crypto companies that did not receive approval to operate in European Union member states under the Markets in Crypto-Assets (MiCA) framework by July 1.According to a Frid…
XRP’s latest sell-off has put the $1 level back at the center of market attention, with traders watching whether the token can hold psychological support while derivatives data shows a sharp flush in long positions. The move comes as XRP continues to trade inside a broader multi-month falling wedge…
WALL STREET REGULATOR CFTC INVESTIGATING PREDICTION MARKET GIANT POLYMARKET - POLITICO
Several Solana digital asset treasuries (DATs) saw double-digit intraday jumps on Friday, with Sol Strategies (STKE) climbing 22% to a high of $1.20, according to Yahoo Finance data.Other rival SOL DATs have also seen notable increases. Forward Industries (FWDI) was up as much as 12% to $4.03, SkyA…
