Everything web3, crypto, defi, degen
In brief Acting Chair Caroline Pham says CFTC can regulate spot crypto through current DCM authority, sidestepping new legislation. The proposal seeks public comment by Aug. 18 and is part of the agency’s broader digital asset push. Some caution the plan may clash with SEC rules and fail to resolve crypto’s security-versus-commodity status. The CFTC…
In brief Microsoft’s Edge Copilot Mode brings free, built-in AI to the masses—no waitlist, no extra app, just ask and it answers. Comet and Dia promise supercharged assistants, deep automation, and privacy—if you can stomach the price (or score an invite). Opera and soon Neon bet on local AI and wild multitasking, while OpenAI’s rumored…
In brief Benchmark analyst Mark Palmer raised MSTR’s price target to $705, based on a projection that Bitcoin will reach $225,000 by end of 2026. Strategy reported $10 billion in Q2 net income from unrealized Bitcoin gains on its $71 billion holdings, with the CEO targeting treasury growth to exceed Microsoft, Google, and Amazon. The…
In brief Major altcoins fell sharply Thursday, with XRP, Solana, and Dogecoin each losing more than 5%. Analysts cite thin summer liquidity, rising U.S. yields, and excess leverage as key market headwinds. Bitcoin held steady despite a wave of liquidations, with over $250 million wiped daily for five straight days. Fading risk appetite is weighing…
In brief Michael Saylor is marketing Strategy’s Bitcoin-backed preferred stock STRC to retirees, offering 9.5% yields versus 0.1-4% from traditional savings accounts. Strategy reported $10 billion quarterly profits as Bitcoin surged from $77,000 to $111,000, with the company now holding 628,800 Bitcoin worth $74 billion. The preferred securities are backed by collateral covering 120 years…
In brief Hong Kong’s stablecoin licensing regime takes effect today, requiring fiat-referenced issuers to obtain HKMA approval. It comes shortly after the U.S. passed the GENIUS Act, sparking comparisons between the two approaches. Analysts say adoption may be slow in local retail, but firms eye international and B2B applications. Hong Kong officially introduced its long-awaited…
In brief South Korea’s FSC and FSS summoned officials from five major crypto exchanges after Upbit and Bithumb launched lending products offering up to 4x leverage, enabling short-selling through borrowed funds. Upbit suspended its Tether lending service, citing potential violations of Korea’s Lending Business Act, while Bithumb modified its structure but maintained controversial 4x leverage…
In brief Bitcoin briefly rose to $118,640 before falling 2.6% on Wednesday, failing to retest its record high of $122,800. QCP Capital said the muted price response to positive headlines signaled potential late-cycle behavior. Analysts warned that a short squeeze in the U.S. dollar and excessive leverage in altcoins could trigger broader market volatility. Bitcoin…
Kraken is in build mode. We are creating a multi-asset platform that enables anyone to trade anything, anytime, anywhere. In Q2, our pace accelerated — new products launched, global access expanded and infrastructure scaled. We are pushing the envelope on geo expansion and establishing ourselves as the infrastructure provider that will power the next generation…
July 30, 2025 | Margin, Pro Kraken is doubling down – literally – on trader empowerment. By increasing margin trading leverage from 5x to 10x on select pairs, we’re giving experienced traders more flexibility, efficiency, and capital power than ever before. Margin leverage is increasing for five of our most popular crypto assets: BTC, ETH,…
