by Michael
Key TakeawaysBitgo announced a 15% layoff to streamline operations, hitting the crypto infrastructure job markets.Bitgo raised $200M in a 2026 IPO, but its stock dropped 70% to $4.8, dampening crypto listing markets.Mike Belshe cut 90 roles to focus on AI, while... 
by Michael
Key TakeawaysBitcoin ETFs lost $696.29M on June 25, with Fidelity and Blackrock leading outflows.Ether, HYPE, and solana ETFs also turned negative, signaling broader risk-off sentiment.Morgan Stanley’s MSBT added $9.17M, but ETF demand remains weak across crypto... 
by Michael
Key TakeawaysGOP lawmakers feel renewed urgency to pass the CLARITY Act before the Senate’s August recess.With 53 seats, Republicans need at least 7 Democratic votes to clear the 60-vote threshold for the crypto bill.A Senate floor vote is next, after which the text... 
by Michael
Key TakeawaysUSDT briefly passed ether by market cap at about $186.06B versus $185.66B, the first time in roughly 8 years.Tether’s issuance-driven growth met a falling ether price near $1,500, closing a gap that had narrowed for months.Ether subsequently reclaimed... 
by Michael
Key TakeawaysXRP plunged 22% in June 2026 to hit a yearly low of $1.01 amid a crypto crash led by bitcoin.XRP’s progressive decline has caused it to cede ground to USDT, BNB, and USDC as well as cut its market cap below $65 billion.If the $1.00 support level snaps,... Translate »
