adminKorea’s Stock Market Crashed 33%, Then Jumped 18%: Crypto Traders Still Broke
In recent developments, south Korea’s KOSPI crashed more than 33% in July, its worst monthly drop on record, then reversed it with an 18% single-day surge on the last day…
Bitcoin Holds $64K as Polymarket Cuts CLARITY Odds to 15%
In recent developments, bitcoin held firmly above $64,000 despite intraday swings between $63,900 and $64,706. The modest price gains triggered heavy losses for short sellers, driving $148 million in short…
MAGNE.AI Secures $2.64M Strategic Funding for Edge AI, Agentic Payments and O…
In recent developments, road Town, British Virgin Islands, August 5th, 2026, Chainwire. MAGNE.AI, an AI-native hardware and on-chain intelligence infrastructure company, today announced the completion of an additional US$2.64 million…
Circle Posts $701 Million Q2 Revenue as USDC Activity Accelerates
In recent developments, circle reported stronger second-quarter earnings as USDC circulation and transaction activity expanded. The stablecoin issuer also set a September launch date for Arc, its institutional blockchain network.…
Marex invests in Digital Prime to expand institutional crypto lending
In recent developments, the undisclosed investment will support the development of Tokenet, a digital asset lending platform, as institutional demand for crypto infrastructure continues to grow. Looking closer, market participants…
Strategy Bets on Trump Accounts to Mint the Next Investor Class
In recent developments, strategy will put money into Trump Accounts for eligible children of its U.S. employees, joining a widening corporate push to place young Americans inside the investment system…
Blackrock Pulls $170M Into IBIT as Bitcoin ETFs Add $211M
In recent developments, u.S. spot bitcoin exchange-traded funds (ETFs) drew $211.49 million on Tuesday, extending their strong start to the week. Ether funds returned to inflows with $53.75 million, while…
Bitwise CIO: Crypto Can Survive CLARITY Act Failure, Not the Wait
In recent developments, bitwise chief investment officer Matt Hougan says crypto can absorb a Clarity Act defeat this week, but warned recently that the industry can’t thrive in a state…
Western Union brings stablecoin remittances to Visa network with Stablecard
In recent developments, the remittance giant is rolling out Stablecard across 37 markets, targeting cross-border payments and consumers seeking US dollar-denominated savings in volatile economies. Looking closer, market participants highlight…
Crypto-backed Michigan House incumbent loses primary despite $2M PAC support
In recent developments, a Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of two-term incumbent Shri Thanedar. Looking closer, market participants highlight…