Bitcoin under pressure as U.S.-Iran escalation lifts oil
Major cryptocurrencies are trading in the red as renewed U.S.Iran airstrikes push oil higher. Source:CoinDesk
SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion. Source:CoinDesk
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk. Source:CoinDesk
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month. Source:CoinDesk
Kraken lets traders use tokenized stocks as collateral for leveraged trades
Eligible users can now use select tokenized stocks and ETFs as collateral for futures and margin trading without selling their holdings. Source:Cointelegraph
Bitcoin jumps above $63,000, reversing end-June losses
The token hit its highest in over a month during thin July 4 trading, with XRP up 5% in 24 hours to lead gains among majors. Source:CoinDesk
Kalshi hits record June trading volume as World Cup fuels prediction markets
DefiLlama data shows Kalshi posted a record month for trading volume as the expanded FIFA World Cup boosted prediction market activity. Source:Cointelegraph
UK's bold new crypto rules promise to unlock global trading, but huge compliance hurdles still threaten the rollout
The U.K. FCA's crypto framework has been praised for prioritizing global liquidity and institutional adoption, but the authorization process is expected to be…
This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the rublebacked token's volumes have fallen sharply…
Taiko fully restores cross-chain bridge just 10 days after a $1.7 million hack
The protocol completed a multistage recovery that included an independent security review. The TAIKO token has surged as much as 136% in recent trading.…
Robinhood links with dYdX Labs to launch new DEX Arcus
The crypto protocol dYdX has rebranded as Arcus and is joining Robinhood’s new blockchain to bring perpetual and tokenized stock trading. Source:Cointelegraph
Robinhood rolls out public blockchain, plans crypto trading for UK residents
The company announced a suite of DeFi products, plans for launching crypto trading in the UK and its public mainnet after months of testing.…