Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
Gumi Inc. and SBI launch a ¥3 billion crypto fund as Japan reclassifies digital assets as financial instruments and eyes spot ETF rules.
Bitcoin trades at $63,926 and Ethereum at $1,901 as macro caution from yields and a stronger dollar keeps crypto in a holding pattern. Monero and Zcash lead gains.
Paul Atkins said the SEC will set its own crypto rules if the Clarity Act stalls. The bill passed the House 294-134 but lacks a Senate floor vote. Atkins prefers legislation but has a fallback plan through Project Crypto.
One in four Canadians now holds digital assets or crypto investment funds, according to a newly released survey by the Ontario Securities Commission (OSC). The level of adoption has increased substant
The Vermont senator said crypto companies are pushing the Clarity Act as payback for $189 million in election spending. Coinbase and Ripple led the industry's political contributions.
Tokenized equity holders hit 766K, up 93% in 30 days. The surge is concentrated in Robinhood tokens and five stocks counted multiple times across issuers, inflating the true count.
Hungary scrapped a crypto validator rule that had pushed providers out of the market. CoinCash became the first Hungarian firm to get a direct MiCA license, covering custody, exchange, and investment services.
BitMEX co-founder Arthur Hayes warns the AI bubble could correct as energy costs rise, policy shifts restrict access, and open-source alternatives undercut pricing. The risk is not fully priced in, he said.
Binance.US plans to apply for a CFTC prediction market license in August. The move targets a segment where Robinhood generated $156 million in event contract revenue last quarter.
The FCA's final stablecoin rules ban issuers from passing reserve income to holders. Reserve income goes to buffers and operations. HMRC will tax interest-like returns as savings income from 2027.
ARK Invest's Lorenzo Valente says three protocols now generate 80% of crypto app revenue, predicting more M&A and shutdowns as capital turns selective.
Whale stablecoin inflows into Binance have dropped to $25B, the lowest since November 2024, as investors hoard stablecoins ahead of the Fed's July 29 meeting.
An analyst recommends nine altcoins for long-term accumulation, including Zcash, Ethereum, Solana, Hyperliquid, and several AI-focused projects, citing improved risk-reward profiles after 60-99% drawdowns.
Senator Tillis is pushing to send a bipartisan ethics package for the Clarity Act to the White House by Friday, aiming for a procedural vote next week. Democrats remain cautious, and competing Senate priorities add uncertainty.
Gumi reported ¥14.13 billion in crypto assets, up 86% from last year, as it prepares to launch a ¥3 billion crypto fund with SBI on Aug. 1.
Robinhood's Q2 revenue hit a record $1.31B, but crypto revenue fell 38% to $100M as event contracts surged 10x and equities nearly doubled.
The American Arbitration Association created a roster of arbitrators for blockchain disputes, from smart contract bugs to DAO governance. The panel adds specialist expertise without establishing a new court or regulator.
Binance launches JMKE stock trading July 30. Jersey Mike's IPO shares go live on the exchange. Users should verify region eligibility and account status before trading.
Luno cuts 20% of staff as CEO cites automation. At least 12 crypto companies reported layoffs in July, with disclosed cuts totaling 894 jobs, per CryptoJobsList.
Korean retail investors rode a 180% AI stock rally then lost 25% in four weeks. Forced liquidations hit leveraged ETFs. Capital is now flowing back to crypto exchanges.
Luno cuts 20% of staff and splits into three units, consumer-institutional, stablecoin, and OTC, as retail trading fades and automation reshapes the exchange's cost structure.
OKX lists GRVT/USDT for spot trading on July 30, adding a new pair for the GRVT token against USDT. The listing expands centralized exchange access for GRVT.
Lummis pressed Democrats to pass the Clarity Act, detailing 11 months of concessions. Polymarket odds dropped to 28% after the Senate delayed the bill.
A Moscow court ordered BitRiver founder Igor Runets to pretrial detention over allegations of fraud involving 1 billion rubles in unpaid mining equipment. The legal pressure adds to the company's bankruptcy filing.
Lummis warned Democratic delay on the 616-page Clarity Act amounts to a kill, citing 33 Democrat edits, $150M FinCEN funding, and Trump ethics concessions.
Federal prosecutors unsealed a 29-count indictment against crypto investor Benjamin Wiener, alleging $20M in losses across dozens of victims. Trial set for Sept. 2026.
Tillis and Gallego strike a compromise on the ethics clause in the Clarity Act. The Senate has seven days before recess, with 60 votes needed to advance the bill.
Spot DEX volume fell to $130.77B in July, down 26% from June, with stablecoin supply contracting $2.23B. On-chain FX and tokenized equities also declined.
Large HYPE deposits to OKX signal selling pressure. Grayscale says cash flows make it cheap vs fintech peers. The $54.37 support level is key. Traders watch weekly closes.
Binance launched 1-day and 1-week gold and silver options, cash-settled in USDT. The ADGM-regulated contracts give retail users a fixed ceiling on losses.