PUMP is today’s top performer, followed by ZEC, LIT, and HYPE. After testing the $62,000 support on a couple of occasions since August began, bitcoin has managed to weather the storm and now sits above $64,000 as markets expect a Strait of Hormuz deal to be announced today. Most larger-cap alts have produced contracting…
Robinhood has filed to raise up to $200 million for its second publicly listed venture fund, offering retail investors access to seed-stage startups while introducing performance fees that were absent from its first fund. Summary Robinhood has filed to raise up to $200 million for its second public venture fund focused on seed stage startups….
Cardano expanded its interoperability, advanced its governance tools, and entered a new development phase as ADA rallied to a one-month high. Cardano’s ecosystem recorded several important developments between July 30 and August 5th. These range from a new cross-chain connection to changes in the way governance representation works. Meanwhile, ADA briefly approached $0.20 after…
Cloudflare began the first stage of its programmable wallet rollout on Aug. 4, allowing customers to claim unique wallet handles for future stablecoin payments by artificial intelligence agents. Summary Cloudflare users can claim wallet handles now, while stablecoin funding and payment functions remain forthcoming. Account Wallets will hold funds, while Virtual Wallets let authorized agents…
The six largest centralized exchanges now control over 60% of spot activity as overall market participation contracts. Crypto trading activity has fallen to its lowest level of 2026. This is according to data from Kaiko, which shows daily spot volumes across tracked exchanges dropping to around $15 billion last week. Centralized Exchange Volumes Fall…
Polymarket is reportedly in preliminary talks with prospective investors about raising roughly $1 billion at a valuation above $20 billion. Summary Polymarket is reportedly discussing a new $1 billion raise at a valuation exceeding $20 billion. April’s financing reportedly valued Polymarket at $15 billion and included D.E. Shaw and G Squared. ICE confirmed a $600…
Recent on-chain data shows roughly 155,000 BTC moved into the $62,000 to $65,000 cost-basis range during the pullback. Bitcoin finished July on a strong note before losing momentum at the start of August with two straight daily closes below $63,000. The decline has raised fresh caution even as blockchain data points to steady buying…
Four of the largest banks in the United States are building a shared network that will let corporate clients move tokenized deposits around the clock, seven days a week. The project, coordinated through The Clearing House, is targeting a first half 2027 launch. It is the clearest sign yet that Wall Street is no longer…
The once second-largest meme coin by market cap is now out of the top 100 alts, losing 98% of its value in a year and a half. US Senators Elizabeth Warren and Richard Blumenthal have sent a letter to SEC Chair Paul Atkins asking the agency to investigate President Donald Trump’s meme coin, arguing…
US and UK financial regulators have expanded talks on stablecoins, tokenization and digital asset oversight as Washington begins implementing the GENIUS Act. Summary The 13th UK-US regulatory meeting took place in London on July 8. US officials briefed UK regulators on GENIUS Act implementation and crypto market structure. Both governments support one-to-one stablecoin backing and…
