Key Takeaways On June 26, bitcoin stabilized around $60,000, snapping a sharp two-day, $4,500 market slide. Coingecko data reveals the 2026 bear market is bitcoin’s fourth-longest but mildest since 2014. Historical trends suggest bitcoin could reclaim its long-term bull trend by August 2026. Choppy Trading Snaps a Two-Day Slide Bitcoin oscillated between $58,500 and $60,500…
Key Takeaways Bitgo announced a 15% layoff to streamline operations, hitting the crypto infrastructure job markets. Bitgo raised $200M in a 2026 IPO, but its stock dropped 70% to $4.8, dampening crypto listing markets. Mike Belshe cut 90 roles to focus on AI, while Coinbase cut 700 to survive shifting tech markets. Crypto Custody Company…
Key Takeaways USDT briefly passed ether by market cap at about $186.06B versus $185.66B, the first time in roughly 8 years. Tether’s issuance-driven growth met a falling ether price near $1,500, closing a gap that had narrowed for months. Ether subsequently reclaimed second place as prices firmed, but USDT’s continued rise reflects stablecoins’ growing dominance…
Key Takeaways X Money’s new Cash Sweep Program offers Premium+ users up to $10M in FDIC coverage, 40x the $250K standard limit. The service pays a 6% APY and runs on a Visa partnership, holding standard deposits at Cross River Bank up to $250,000. A full public rollout is targeted for mid-2026, even as Senator…
Key Takeaways Cryptorank said active crypto investors fell to 651 in Q2 2026, the lowest since 2020. Cryptorank reported M&A funding hit $7.23B, signaling a shift to larger strategic deals. a16z Crypto and corporate buyers may drive a more selective funding market going forward. Crypto Venture Enters New Phase as Investor Count Falls to 6-Year…
Key Takeaways Jeff Bezos backed Blue Origin’s June 17 vision for off-Earth industry to cut Earth’s pollution. Bezos cited the $10B Bezos Earth Fund as space manufacturing remains decades from reality. Gerard O’Neill’s 1976 concept could shape Blue Origin’s long-term industrial strategy. Jeff Bezos keeps returning to the same climate pitch: keep the living parts…
Key Takeaways Spark seeded $150M into Uniswap v4 pools on June 25, covering USDS/ USDT and USDS/PYUSD pairs. The Stablecoin FX Layer targets banks and fintechs, as Paypal, Tether, and Sky join at launch. Spark plans to expand pools to additional issuers as cross-border stablecoin flows target $56.6T by 2030. $150 Million to Start The…
Web3 education platform Rise In and Stellar Philippines hosted the “Build on Stellar” initiative at the Philippine Blockchain Week 2026 from June 20 to 21 at the SMX Convention Center, drawing 127 registered participants. The two-day event focused on transitioning local developers from theoretical blockchain concepts to product development on the Stellar network and Soroban…
Key Takeaways SBI is making a bold JPY 46.7 billion bet to take over Bitbank and expand its crypto footprint. The deal still needs regulatory approval before it can officially close. If completed, the combined platform could significantly boost SBI’s assets under custody, user base, and influence in Japan’s crypto market. SBI Drops $300M to…
Key Takeaways Ripple and SBI brought RLUSD to Japan through SBI’s regulated crypto platform. Regulatory approval allows broader stablecoin access for institutions, consumers, and businesses in Japan. Future services may expand RLUSD use in payments, tokenization, and collateral management. Ripple and SBI Introduce RLUSD Launch Across Japan Ripple and SBI Holdings, a major Japanese financial…
