by Michael
Key TakeawaysA trader netted $8.47 million in a day thanks to bets on the Sweden-Japan and Ecuador-Germany games.The Sweden-Japan match ended 1-1, paying the trader about $4.38 million on a $7.19 million position.World Cup volatility has minted and erased fortunes for...
by Michael
Key TakeawaysJadyel Alencar called a public hearing on Bill 4308/2024 to determine Brazil’s stablecoin regulation.Abcripto urged keeping stablecoins as digital assets to shield the local market from EU-style rules.Julia Rosin backed central bank oversight and opposed...
by Michael
Key TakeawaysEuropol led Operation Endgame on Wednesday, disabling 326 servers to cripple global malware markets.Law enforcement seized $47M in crypto, and also recovered 27M leaked credentials.Microsoft tracked 140,000 May infections linked to the Amadey and StealC...
by Michael
Key TakeawaysSTRC trades below $75, with Arkham calling it a junk bond ranking among Strategy’s most junior obligations.Polymarket assigns STRC a 33% chance of hitting $100 by Dec. 31, drawing $23,722 in total trading volume.Cullen Roche warns STRC’s floor rests on...
by Michael
Key TakeawaysCrypto advocates say the CLARITY Act still has a viable path despite mounting skepticism.Supporters identify a four-week window from July 13 to Aug. 7 as critical for advancing the CLARITY Act.The bill still must secure 60 Senate votes, navigate...
by Michael
Key TakeawaysAustralian securities regulator gave crypto firms more time to get their licenses in order.ASIC also widened the relief to cover some firms working under existing license holders.The relief does not change existing licensing requirements, and ASIC may...
by Michael
Key TakeawaysSenate delays have reduced confidence in the CLARITY Act’s chances of becoming law.Galaxy Digital now sees passage odds at 50-50 amid limited public progress in negotiations.Leadership action in July could revive momentum, while continued silence may...
by Michael
Key TakeawaysSpaceX is joining the Nasdaq-100 and FTSE Russell’s U.S. equity indexes less than a month after its record-breaking IPO.Index inclusion may increase fund demand, trading volume, and visibility among institutional investors.Shares have experienced...
by Michael
Key TakeawaysCaleb & Brown integrated Ripple Payments to enable faster U.S. dollar withdrawals for clients.The move addresses delays caused by traditional banking systems that operate slower than 24/7 digital asset markets.The integration also strengthens...
by Michael
Key TakeawaysSenate leaders face pressure to schedule a CLARITY Act vote before election priorities dominate.Stand With Crypto says clearer rules could protect consumers, developers, and fintech firms.Polling cited by the group suggests crypto policy may sway...
by Michael
Key TakeawaysX Money’s new Cash Sweep Program offers Premium+ users up to $10M in FDIC coverage, 40x the $250K standard limit.The service pays a 6% APY and runs on a Visa partnership, holding standard deposits at Cross River Bank up to $250,000.A full public rollout...
by Michael
Key TakeawaysOFAC sanctioned 26 entities linked to Prince Group, next blocking Huione from U.S. financial markets.Chainalysis reported Huione Guarantee processed $70B in crypto, forcing tighter P2P market rules.After a 5-year run, the FBI seized Huione’s cloud systems... Translate »