Bitcoin fell 1.5% from local highs amid a reversal in US stocks as markets moved from bullish US inflation cues to retail profit-taking.
Ethics in crypto market structure ‘really not our concern,’ says Blockchain Association CEO
A former CFTC commissioner urged lawmakers not to “kill all the hard work that we put in the rest of the bill” by making ethics a make-or-break issue on crypto market structure.
Morgan Stanley’s E*TRADE launches spot crypto trading through Zero Hash
Eligible E*TRADE retail clients can now buy, sell and hold Bitcoin, Ether and Solana through a partnership with crypto infrastructure provider Zero Hash.
Tradable’s $1B Stellar deal adds to institutional tokenization boom
Tradable will bring up to $1 billion in private credit assets to Stellar, extending the blockchain’s push into institutional finance and tokenized real-world assets.
Alpaca raises $135M to fund tokenized agent-first infrastructure
The BNP-backed brokerage infrastructure provider is expanding into tokenized markets and AI-native financial services as both DeFi and TradFi companies pursue onchain business.
Gambling on random Pokémon cards: Onchain gagcha hits record high as crypto sinks
Users spent a record $324 million on onchain gacha in June, even as Bitcoin hit a 21-month low. The thrill of scoring a top Pokemon card from a random pack is becoming big business
Prediction markets defy crypto downturn with record Q2 volume: CoinGecko
Prediction markets reached a record $113.8 billion in notional volume in Q2 as spot CEX trading, derivatives volume and stablecoin market cap declined.
MoonPay buys Glide to bolster crypto deposits infrastructure
MoonPay acquired Glide, a crypto infrastructure startup founded by former Robinhood Wallet engineers, to expand cross-chain crypto deposit infrastructure.
Tokenized stocks market cap gains to record $2.3B
The market capitalization of tokenized stocks rose to a record $2.3 billion, as investors sought exposure to the growing list of tokenized equity products launched by cryptocurrency exchanges.
FATF urges faster crypto AML enforcement as stablecoin crime increases
The global task force said criminal networks are using stablecoins and developing proprietary tokens to evade asset freezes as countries struggle to enforce crypto AML rules.