News
CBOE eyes crypto perpetuals as Kalshi upends futures market
36+ min ago (612+ words) CBOE has begun evaluating a conversion of its Bitcoin and Ether futures into perpetual contracts after crypto perpetuals generated more than $8. 5 billion in trading volume on Kalshi within weeks of launch. According to a June 23 report from The Wall Street…...
Cody Carbone presses crypto agenda as CLARITY Act stalls in Senate
1+ hour, 42+ min ago (626+ words) Crypto industry advocate Cody Carbone has renewed calls for lawmakers to advance the CLARITY Act as Senate debate over the legislation continues without a scheduled floor vote. According to testimony delivered by Carbone, chief executive of The Digital Chamber, at…...
SOIL races to launch XRP Ledger's first native lending app
2+ hour, 11+ min ago (593+ words) SOIL has positioned itself to become the first application to use XRP Ledger's proposed native lending infrastructure as the network considers activating the XLS-65 and XLS-66 amendments. According to a recent update shared by SOIL on X, the regulated yield…...
Cantor Fitzgerald raises Robinhood target to $130 as $2 B raise looms
2+ hour, 36+ min ago (883+ words) Robinhood stock has remained in focus after Cantor Fitzgerald raised its price target to $130 while the company moved ahead with plans to raise up to $2. 2 billion through a convertible debt offering. According to a recent research note, Cantor Fitzgerald increased…...
Ric Edelman predicts CLARITY Act may unlock crypto floodgates
3+ hour, 18+ min ago (648+ words) Ric Edelman has predicted that up to 95% of institutions without crypto exposure could enter the market if the CLARITY Act becomes law. In a recent interview, Edelman said the disconnect between crypto prices and industry activity has become increasingly noticeable…...
CLARITY Act faces trafficking backlash as Senate vote nears
3+ hour, 48+ min ago (571+ words) The CLARITY Act has faced fresh opposition from a trafficking prevention group as Senate lawmakers continue weighing the crypto market structure bill ahead of a narrowing legislative window this year. According to a letter obtained by Punchbowl, the Alliance to…...
Ethereum Foundation lays off 20% of workforce in major restructuring
5+ hour, 52+ min ago (601+ words) Ethereum Foundation has cut roughly 20% of its workforce, eliminating 54 positions as part of a sweeping organizational overhaul tied to its long-term development strategy. According to the Ethereum Foundation, the workforce reduction concludes a months-long restructuring process carried out under the…...
Robinhood lists Worldcoin as Sam Altman faces fresh scrutiny
6+ hour, 29+ min ago (616+ words) Worldcoin has fallen nearly 12% while Robinhood has added the token to its trading platform, bringing fresh attention to the project as allegations linked to co-founder Sam Altman continue to weigh on sentiment. According to a June 23 X announcement by Robinhood,…...
ECB pushes digital euro forward as U. S. Senate blocks CBDCs
7+ hour, 32+ min ago (554+ words) The European Parliament has advanced legislation for a digital euro, bringing the EU closer to launching a central bank digital currency, while the U. S. moves to restrict similar efforts. According to a June 23 decision by the European Parliament's Economic and Monetary…...
Smart off-ramp strategies: How to choose reliable online platforms for crypto conversion
8+ hour, 42+ min ago (915+ words) As crypto adoption grows, traders are placing greater emphasis on secure, compliant, and efficient crypto-to-fiat conversion platforms. Choosing the right platform for crypto-to-fiat conversion is not simply a matter of finding the best rate. It involves assessing counterparty reliability, regulatory…...