Bitget set to exit Japan, close all remaining positions by year-end
The crypto trading platform, ranked fifth on CoinGecko, stopped accepting new registrations on Sunday and plans to shut down all remaining positions by Dec.…
Bithumb now targets 2028 IP after major internal restructuring
The South Korean crypto trading platform plans to see a preliminary listing review in 2027, but did not identify a proposed listing venue yet. Source:CoinDesk
Onchain, in court: What happened in crypto legal news this week
A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000…
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total. Source:CoinDesk
AI stocks may have bottomed out. What investors should watch for next.
Microsoft earnings provided optimism for the AI trade, as did the trading activity surrounding a hedge fund’s fire sale. Source:MarketWatch
Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral
Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending…
Coinbase's weak quarter leaves Wall Street split on timing of a recovery
Most analysts blamed a weak crypto market for Coinbase's earnings miss, though opinions diverged on when trading activity will recover. Source:CoinDesk
RWA perpetual futures volume nears Bitcoin on Hyperliquid, Binance
RWA perpetual futures reached 99.2% of Bitcoin perpetual volume on Hyperliquid and Binance as tokenized equities led trading. Source:Cointelegraph
Coinbase Q2 profit misses estimates despite record crypto market share
The crypto exchange blamed softer spot trading and low volatility for the earnings miss while highlighting growth in derivatives, stablecoins and tokenized…
Tokenized gold passes DeFi stress test, but less than 2% is used as collateral
A RedStone report found tokenized bullion held up during gold’s sharp selloff, but DeFi lending adoption remains limited despite surging market growth and…
South Korean crypto trading surges amid stock market plunge
South Korean crypto exchanges saw a fresh spike in trading activity as the country’s stock market had several days of significant downside. Source:Cointelegraph
Institutional crypto trading hits a record 72% as Wall Street calms crypto's wild swings
A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in…