Ark Invest has a tendency to load up on shares in cryptocurrency companies when their prices are depressed, and June was no exception. Bitcoin BTC$58,471.34, the largest cryptocurrency, recorded its worst month in four years, and digital asset firms’ share prices suffered accordingly, which Ark… Read More
The race is also spreading beyond crypto. Last month, prediction market operator Kalshi launched its own perpetual futures business after regulatory approval, joining exchanges betting that always-on derivatives will become a larger part of financial markets. For Phantom, the hires are part of a broader… Read More
The Clarity Act is widely viewed as the crypto industry’s most important market structure bill because it would establish clear rules for when digital assets are regulated as securities by the Securities and Exchange Commission (SEC) or commodities by the Commodity Futures Trading Commission (CFTC),… Read More
Securitize, a tokenization specialist backed by BlackRock, said Monday it cleared a final major hurdle to becoming a public company after shareholders of Cantor Equity Partners II (CEPT) approved the firms’ proposed merger on Monday. The transaction is expected to close on Wednesday, subject to… Read More
The crypto market enters the final stretch of the month in a perilous position with bitcoin BTC$59,832.96 still below $60,000 and ether (ETH) less than $1,600. The bitcoin price has now lost more than 50% of its value since October’s record high, with analysts suggesting… Read More
U.S. spot bitcoin ETFs have recorded $4.06 billion in net outflows this month, according to data from SoSoValue. It marks the largest monthly redemption on record, exceeding the previous high of $3.56 billion in February 2025. Last week, the funds saw redemptions of about $1.79… Read More
