Everyday Savers Bet Big on Bitcoin Giant Strategy's STRC—Now It's Falling
Business
Robinhood Trims Headcount by 10% Amid Crypto Revenue Crunch
Robinhood is letting go of 10% of its employees, attempting to streamline operations amid a downturn in crypto-related revenue.
Standard Chartered Crypto Prediction: $40K ETH, $500K BTC, and $100 UNI
Standard Chartered just reaffirmed its crypto prediction with 2030 bombastic targets. Bitcoin at $500,000, Ethereum at $40,000, and unexpectedly Uniswap at $100. ETH is currently trading near $1,800, while BTC sits above $66,000. Uniswap is at $3 after a…
Bitcoin Giant Strategy Pads Cash Cushion for Second Straight Week, Buys BTC
Strategy expanded its USD Reserve to $1.1 billion and increased its total Bitcoin holdings, after dipping into those funds last month.
CLARITY Act July 4 Deadline Dead as Ethics and Section 604 Talks Collapse
Bipartisan negotiations on the CLARITY Act fractured on two fronts simultaneously last week. A closed-door ethics session collapsed Tuesday without agreement, and a White House-convened law enforcement meeting on Section 604 ended Wednesday with no…
Ripple CEO Accused Jamie Dimon of Lying About CLARITY Act And Called Out $20Bn Reason Why
Ripple CEO Brad Garlinghouse went directly at JPMorgan chief Jamie Dimon on Fox Business Wednesday, accusing him of ‘intentional misrepresentation’ over the CLARITY Act, the pending Senate legislation that would establish a comprehensive…
AVAX Price Prediction: Treasury Stock Tumbles 38% on Nasdaq Debut as Crypto Proxy Trade Unravels
Avalanche Treasury Co. opened at $2.99 on Nasdaq Thursday and closed at $1.85, a 38% wipeout on its first session under the ticker AVAT. The intraday low hit $1.75. That is a brutal verdict from a market that was offered a 0.77x mNAV entry, a ~23%…
Kraken Plans CFTC-Regulated Perpetual Futures For US Crypto Traders
Kraken says it plans to launch CFTC-regulated perpetual futures for eligible U.S. traders, covering major crypto assets including BTC, ETH, SOL, and XRP.
Wall Street Giants, Sovereign Wealth Fund Back Canton Network Creator in $355M Round
Canton Network creator Digital Asset secured $355 million in a funding round led by Andreessen Horowitz alongside an array of other backers.
Elizabeth Warren Demands Answers on CFTC's Crypto and Prediction Market Oversight
The Massachusetts senator highlighted workforce cuts and enforcement changes at the regulator under the Trump administration.