Kalshi has entered talks to raise fresh capital at a valuation of about $40 billion, an 82% jump from the $22 billion valuation it secured less than two months ago. Summary Kalshi is reportedly seeking new funding at a $40 billion valuation, up 82% from May. The company processed over $17 billion in monthly trading…
Steak and Shake is saving roughly 50% on payment processing fees by accepting Bitcoin, and projecting $6 million in annual savings if its full credit-card customer base made the switch. That number, confirmed again in a June 2026 company statement, makes the 90-year-old burger chain one of the most concrete proof points in the argument…
Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets. Cryptocurrency mining profitability remains under pressure across major proof-of-work networks, according to new data shared by Alphractal, which shows the sector is experiencing stagnation and reduced returns. The analytics platform said that while miners continue to play an…
Sam Altman has unveiled OpenAI’s first custom-built AI chip, Jalapeño, as the company moves to reduce its reliance on third-party hardware and strengthen control over the infrastructure powering its artificial intelligence products. Summary OpenAI has launched Jalapeño, its first in-house AI chip built with Broadcom and optimized for AI inference workloads. The chip rollout comes…
The Commodity Futures Trading Commission (CFTC), the federal derivatives regulator, filed a lawsuit against the Commonwealth of Kentucky on June 23, 2026, making it the ninth state the agency has sued in an accelerating battle over who gets to regulate prediction markets in the United States. Kentucky had moved the prior week to shut down…
DeFi has long promised open and self-custodial finance. But for most users, actually using it still means juggling through wallets, dApps, bridges, pools, approvals, and risks that are very hard to understand in real time, especially for someone who’s relatively new to the industry. CoinFello believes that the experience is ready for a major shift….
Kalshi has expanded its CFTC-regulated crypto perpetuals lineup to 13 digital assets after launching new contracts tied to Zcash, Near Protocol, and Shiba Inu, while legal battles over the platform’s products continue to intensify. Summary Kalshi expanded its CFTC-regulated crypto perpetuals lineup with Zcash and Near contracts, while Dogecoin and Shiba Inu perpetuals are also…
On June 23, CryptoQuant research analyst Julio Moreno issued a pointed recommendation: MicroStrategy (ticker: MSTR) should stop buying Bitcoin and rebuild its cash buffer before its preferred stock collapses further. The advice was sound. It was also two weeks late. What CryptoQuant Actually Said Moreno’s case is built on hard numbers. Strategy’s annualized dividend obligations…
The exchange has only one week left to comply with the necessary MiCA standards. The world’s largest crypto exchange has recently faced significant regulatory challenges that could ultimately force it to stop serving clients in the European Union. Earlier this month, Reuters reported that the company’s application through Greece’s Hellenic Capital Market Commission (HCMC)…
XRP price has tested a key support zone near $1.08 after a week of sustained selling pressure that followed Ripple’s regulatory breakthrough in Europe and a wider retreat across digital assets. Summary XRP has fallen toward key support near $1.08 while trading inside a falling wedge pattern. CoinGlass data shows a major liquidation cluster around…
