Category: crypto

Binance’s U.S. equities product had an average daily trading volume of $143 million in its first nine days, with total turnover surpassing $1 billion. The tokenized stock market remains smaller with a total market value of $1.16 billion. Binance’s bStocks product offers tokenized U.S. equities for trading on its platform.

A new Solana DEX project is drawing attention to the early exchange design of XRP Ledger. Matt Hamilton mentioned that XRP Ledger solved DEX ordering issues years before Solana’s Mato pitch. XRPL’s built-in DEX has been operational since 2012, with ongoing upgrades for broader on-chain finance. This highlights XRP’s early design in the industry.

Bernstein predicts Robinhood’s prediction market revenue will increase to $586 million in 2026 from $150 million in 2025 due to high trading activity during the World Cup. Daily market volumes reached $4.8 billion during the tournament. Competition in the sector is growing with new products from Kalshi and Polymarket.

Strategy has acquired 1,587 BTC for $100 million, increasing its total Bitcoin reserves to 846,842 BTC and its U.S. dollar reserve to $1.1 billion. This purchase followed a 32 BTC sale that was described as a process test. The company remains the largest corporate holder of Bitcoin and continues to add to its reserves while…

Veteran trader Peter Brandt believes that Bitcoin is one of the best markets for classical chart analysis. Recent data suggests that whale selling has slowed down, with large holders accumulating near $65,000. Bitcoin must reclaim $68,000 with strong volume for a safer rebound. Market signals are mixed, with technical indicators pointing to potential downside pressure.…

BitMine Immersion Technologies has reached 5,620,754 ETH in its Ethereum holdings as of June 14, nearing its goal of owning 5% of the total ETH supply. The company also reported total crypto, cash, marketable securities, and other holdings of $10.4 billion. Staking operations support projected annual staking revenue.

Bitcoin treasury companies may need to reevaluate their capital structures due to ongoing pressure on Bitcoin prices, potentially leading to consolidation in the sector. Strive CIO Ben Werkman highlighted the importance of balance sheet restructuring and the possibility of firms selling Bitcoin to manage debt obligations or fund operations if market conditions worsen.

Paradigm led a $9 million Series A funding round for Latin American payments platform El Dorado, which aims to expand stablecoin-powered cross-border transfers in underserved markets in the region. The investment was made alongside Coinbase Ventures and Verda Ventures, with El Dorado serving over 100,000 active users across 12 countries in Latin America.

Kraken has launched perpetual futures for U.S. clients through a CFTC-regulated venue, Bitnomial, providing access to spot, margin, futures, and perpetual contracts in one account. This move follows regulatory approvals, bringing a product that generated over $60 trillion in global crypto trading volume in 2025 to the U.S. platform.

Kalshi has deployed an AI agent named Harrison to help launch new prediction markets as trading activity on the platform reached over $5 billion in a single week. The platform’s growth is fueled by sports-related contracts, with the FIFA World Cup contributing to record trading volumes. Regulators are debating oversight of prediction market contracts in…