Sources: Kalshi plans to offer crypto trading in the US, offering perpetual futures, putting it in competition with exchanges like Coinbase
Yueqi Yang /The Information:
Rain, a stablecoin-backed Visa card issuer, raised a $58M Series B led by Sapphire Ventures, after raising a $24.5M Series A led by Norwest in March
Yueqi Yang / The Information :
Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B pre-money valuation
Prediction-Market Unicorn Hits $2 Billion Valuation Bogdan Patru / Bitcoin Insider : Prediction Market Kalshi Achieves Unicorn Status with $185 Raised at its $2B Evaluation, as BTC Bull Token Predicts...
The US Federal Reserve withdraws guidance requiring banks to seek regulatory approval before engaging in crypto-related activities, joining the FDIC and OCC
Michael Saylor crypto.news : Federal Reserve withdraws restrictive crypto guidance for banks Troy Watson / ZyCrypto : Federal Reserve Reverses Debanking Policies, Banks May No Longer Need Approval to ...
Donald Trump is promoting a Solana memecoin called TRUMP from his social media accounts, with 200M $TRUMP available now and growing to 1B “over three years”
Have Fun! — [image] GetTrumpMemes : The Official Trump Meme Dishita Malvania / The Crypto Times : Solana Hits $295 ATH Amid $TRUMP Token's Grand Launch Felix Mollen / CryptoPotato : $TRUMP Meme Coin...
Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades”
It Just Had Its Best One Ever Steven Walgenbach / Inside Bitcoins : BlackRock Bitcoin ETF Hits New Record As Polymarket Odds Of Bitcoin Hitting $100K This Year Soar Vladimir Popescu / Watcher Guru : T...
Sources: Robinhood and Revolut are exploring offering their own stablecoins; Tether's USDT has grown to $120B, accounting for over two-thirds of market value
Report Yueqi Yang / The Information : Robinhood, Revolut Reportedly Explore Launching Stablecoins Joshua Ramos / Watcher Guru : Robinhood and Revolut Consider Launching Their Own Stablecoins Estefano ...
Coinbase reports Q2 revenue up 105% YoY to $1.45B, vs. $1.39B est., a $36.2M net income, and forecasts subscription and services Q3 revenue below expectations
Q2 was a quarter of strong progress for Coinbase and the crypto industry. PYMNTS.com : Corporate America Moving On-Chain and Regulatory Clarity Propel Coinbase Earnings Mat Di Salvo / Decrypt : Coinba...
Sources: Bakkt, Intercontinental Exchange's digital-asset marketplace launched in 2018, explores a sale, after issuing a “going concern” warning earlier in 2024
Report Martin Peers / The Information : Apple and Musk to Dominate News Next Week Vince Dioquino / Crypto Briefing : Bakkt explores potential sale or breakup amid surge in crypto M&A activity Denis Om...
The US SEC approves applications from Nasdaq, Cboe, and the NYSE to list spot ether ETFs, potentially paving the way for them to begin trading later in 2024
but consumers will have to wait to buy them Kelvin Munene Murithi / CoinGape : Breaking: US SEC Approves 8 Spot Ethereum ETF Oliver Dale / Blockonomi : The Wait Is Over: SEC Greenlights Spot Ethereum ...