šŸ” Market Summary

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary

PayPal Ventures, Coinbase Ventures and others back crypto payments firm Mesh, pushing total funding over $130 million

PayPal Ventures, Coinbase Ventures and others back crypto payments firm Mesh, pushing total funding over $130 million

Mesh, the crypto payments infrastructure firm behind PayPal's recent "Pay with Crypto" launch, has raised fresh capital from investors including PayPal Ventures, Coinbase Ventures, Uphold, ByBit, SBI Japan, Overlook Ventures, Kingsway Capital, Moderne Ventures, and CE-Ventures. The latest funding br…

Bitcoin showed the path, and decentralized AI must ditch rented compute

Bitcoin showed the path, and decentralized AI must ditch rented compute

Opinion by: Ahmad Shadid, founder of O.xyz and co-founder of IO.neNot a single week passes by without a new artificial intelligence startup coming out of stealth.Ā With a slick interface, clever prompts and an OpenAI key powering the back-end, these ventures often boast seed valuations that make even…

Bitwise CIO says TradFi apologists miss the point on crypto — ā€˜there’s a better way’

Bitwise CIO says TradFi apologists miss the point on crypto — ā€˜there’s a better way’

TradFi apologists are missing the point on bitcoin, stablecoins, and the broader digital asset industry, with crypto offering a better financial system, according to Bitwise Chief Investment Officer Matt Hougan.Referencing long-time crypto skeptics' predictions of the industry's demise, often compar…

USDt market cap hits $160B, cementing its ā€˜digital dollar’ role: Tether CEO

USDt market cap hits $160B, cementing its ā€˜digital dollar’ role: Tether CEO

The market cap of Tether’s USDt, the world’s largest stablecoin, has surpassed $160 billion for the first time, a ā€œnew mind-blowing milestone,ā€ according to Tether CEO Paolo Ardoino.In a Thursday post on X, Ardoino called the achievement a testament to USDt’s growing role as the digital dollar for ā€œā€¦

Crypto Legislation Expected to Open Doors for Wall Street — Analysis

Crypto Legislation Expected to Open Doors for Wall Street — Analysis

By Connor HartCrypto Week in Washington has the potential to overhaul domestic crypto policy, opening the floodgates for widespread adoption, investment and innovation.The House is set to consider three bills, one of which passed in the Senate last month and could be signed into law by President Tru…

4 countries that let you buy citizenship or a golden visa with crypto

4 countries that let you buy citizenship or a golden visa with crypto

Key takeawaysVanuatu is one of the fastest countries to offer citizenship, with crypto accepted through licensed agents.Dominica and Saint Lucia offer Caribbean citizenship in months using crypto converted via trusted agencies.Portugal offers EU residency and a path to citizenship through crypto-lin…

Ripple’s RLUSD launches on Transak as market cap hits $500M

Ripple’s RLUSD launches on Transak as market cap hits $500M

Ripple’s US dollar-pegged stablecoin, Ripple USD (RLUSD), has received a significant boost by integrating with Transak, a major cryptocurrency payments platform.Transak has officially integrated support for the Ripple USD stablecoin, enabling its 8.3 million users to purchase RLUSD using multiple fi…

TON Foundation offers path to 10-year UAE ā€˜Golden Visa’ for $100k in staked TON, $35k fee; UAE denies eligibility

TON Foundation offers path to 10-year UAE ā€˜Golden Visa’ for $100k in staked TON, $35k fee; UAE denies eligibility

The Open Network Foundation, or TON Foundation, announced a new program providing a pathway to a 10-year "Golden Visa" to the United Arab Emirates for investors who stake $100,000 in Toncoin (TON) and pay a $35,000 processing fee.Ā The TON Golden Visa is a "unique and exclusive route for the UAE Gold…

TON offers 10-year UAE golden visa for $100K in staked Toncoin

TON offers 10-year UAE golden visa for $100K in staked Toncoin

Update (July 6, 12 pm UTC): This article has been updated to include comments from Sigil Fund partner Joe HedgeHog.The Open Network (TON), the blockchain platform spun out of Telegram, has unveiled a new pathway to UAE residency, offering 10-year Golden Visas to applicants who stake $100,000 worth o…

 Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, TON launches UAE Golden Visa program requiring just $100,000 in staked TON, Arkham says the recent $8.6 billion Bitcoin whale transfer doesn’t look like it is being sold off. Meanwhile, musical artist Drake mentions BTC in new song. TON offers 10-year UAE golden visa for $100K in st…

BitMine Stock Soars 700% After $250 Million Raise For Ethereum Treasury

BitMine Stock Soars 700% After $250 Million Raise For Ethereum Treasury

Tom Lee, the market strategist known for his insightful predictions on Bitcoin (BTC) and broader crypto prices, has taken on the role of chairman of the board at BitMine Immersion Technologies, a Bitcoin mining company now setting its sights on becoming the largest publicly traded holder of Ethereum…

Correction to

Correction to "How Visa and Mastercard Can Survive the Stablecoin Threat" — WSJ

"How Visa and Mastercard Can Survive the Stablecoin Threat — Heard on the Street" at 5:30 a.m. incorrectly referred to Circle Internet Group as Circle Global Internet.