BitGo Joins Crypto’s AI Layoff Wave, Slashing Staff by 15%

In recent developments, the newly public crypto custodian is slashing nearly 15% of its workforce as it pivots to focus on stablecoins and AI infrastructure. Looking closer, market participants highlight…

Morning Minute: Kraken Eyes 15% Stake in Aave at $385M Valuation

In recent developments, bitcoin sinks to a fresh 2026 low as the selloff drags on. Kraken makes a major move into DeFi. And BlackBerry is staging a comeback. Looking closer,…

Bitcoin Tests $59K as ETFs Shed $692M, Options Expiry Looms

In recent developments, bitcoin fell to around $59,400 as $691 million fled spot ETFs, the most since May, ahead of Friday’s $10.6 billion options expiry. Looking closer, market participants highlight…

Strategy’s Saylor Acknowledges ‘Volatility Test’ as STRC Hits New Low on Bitc…

In recent developments, strategy’s flagship preferred stock tumbled again when U.S. markets opened, setting another record low as Bitcoin lingered below $60,000. Looking closer, market participants highlight key drivers such…

Riot Games Makes Stake-Owned Kick an Official Esports Broadcaster, Just a Yea…

In recent developments, riot Games has named Kick, the streaming platform owned by the founders of crypto casino Stake, as an official broadcaster of its esports product. This is a…

Trump Administration Asks OpenAI to Limit GPT-5.6 Rollout: Reports

In recent developments, the reported request to OpenAI follows the Trump administration’s move to limit access to Anthropic’s Fable 5 and Mythos 5 AI models. Looking closer, market participants highlight…

Kalshi Scores FIFA World Cup Spotlight as Prediction Market Trading Surges to…

In recent developments, as prediction markets notch record trading volumes, Kalshi is ramping up its marketing push through a high-profile FIFA World Cup deal. Looking closer, market participants highlight key…

Trader Turns FIFA World Cup Bets Into $8.47 Million Profit in a Single Day

In recent developments, a prediction-market trader earned $8.47 million in a single day betting on the FIFA World Cup. The wagers spanned the Sweden-Japan and Ecuador-Germany fixtures. Two Wallets, Multimillion-Dollar…

Electronic Money or Digital Asset? Brazil Sparks Intense Debate Over Stableco…

In recent developments, while Congress prepares to consider Bill 4308/2024 to regulate the status of stablecoins, the cryptocurrency industry opposes designating them as electronic money, advocating for maintaining the current…

EU lawmakers urge assessing DeFi, staking, NFT regulation

In recent developments, the nonbinding report outlines Parliament’s vision for future EU crypto regulation and warns against national MiCA rules. Looking closer, market participants highlight key drivers such as liquidity…