Hyperliquid co-founder Jeff Yan has warned that crypto’s failure to attract enough top entrepreneurs has become one of the industry’s biggest obstacles as young talent moves toward artificial intelligence. Summary Jeff Yan says crypto is struggling to attract top young entrepreneurs. AI’s prestige and rapid growth are pulling talented founders away from on-chain finance. George…
The metric just set another new record low. But it may not be as bad as it sounds. The primary cryptocurrency has traded at a varying but consistent discount on Coinbase compared to Binance for roughly two months, highlighting a lack of US spot demand. On one side, this is considered bearish as the…
OKX Europe has opened a one-way conversion route across 30 EU and EEA countries, allowing customers to deposit USDT and exchange it for MiCA-compliant USDC. Summary OKX Europe now lets users deposit USDT and convert it into MiCA-compliant USDC. Tether continues to reject MiCA approval over concerns about the framework’s reserve requirements. Binance’s European retreat…
Anthropic has proposed leasing up to $10 billion of computing power from Meta Platforms over two years as the AI developer prepares for a possible October IPO. Summary Anthropic has proposed leasing up to $10 billion of computing power from Meta over two years. Meta is reviewing the deal, which could create a new revenue…
Is this XRP’s path forward and toward a $1 trillion market cap? Ripple’s token is frequently the object of rather massive and sometimes far-fetched price predictions. While these might get the necessary attention during bull market rallies, it’s rather hard to imagine most of them materializing when the underlying asset struggles at 70% away…
Piero Cipollone has warned that stablecoins could drain bank deposits as Coinbase fell 1.75% to $157 and Circle lost 6% across five sessions to trade near $60. Summary Piero Cipollone warned that growing stablecoin use could pull deposits away from traditional banks. Coinbase shares are testing $157 support, with Compass Point maintaining a $140 downside…
Check out the latest and most important developments surrounding Shiba Inu’s ecosystem. The second-largest meme coin boosted its worldwide popularity thanks to a major initiative from Japan. However, the SHIB Army was left disappointed after previously expecting a global money manager would launch a SHIB exchange-traded fund (ETF). The token’s price has been sliding…
Ripple Payments Europe has joined 14 other firms in ESMA’s latest MiCA register update, lifting the number of approved crypto asset service providers to 294. Summary ESMA added Ripple Payments Europe and 14 other firms to its MiCA register. Ripple can now provide regulated crypto services across 29 EU countries. AMLA warned that post-MiCA customer…
Several market observers have labeled the meme coin a scam, warning investors to stay away from it. Earlier in July, the cat-themed meme coin defied the ongoing bear market by posting a whopping 2,000% weekly increase. Its ascent was primarily driven by the token’s affiliation with the official Robinhood platform, which recently introduced its…
Galaxy Digital has signed a 15-year agreement to rename Texas Tech’s football venue Galaxy Stadium from the 2026 season. Summary Galaxy Digital secured naming rights to Texas Tech’s football stadium for 15 years. Galaxy will support AI, digital asset, athlete and workforce programs at the university. The deal expands Galaxy’s presence near its 1.6-gigawatt Helios…
