Technology
Robinhood’s expanding crypto bet meets a faster-moving prediction market boom
New blockchain, tokenized stock and DeFi products deepen its crypto bet, but prediction markets may be catching up faster.
Sentiment: Neutral
Latest stories
Governance
Ethereum is splitting into three power centers and ETH treasury firms are paying for two
Ethlabs gave Ethereum a treasury-backed R&D layer, and Ethereum Institutional now gives it a corporate front door.
Exchanges
Coinbase helped build USDC – Why is it now backing the stablecoin trying to replace it, Open USD?
Coinbase’s role in Open USD gives the new consortium added weight as Circle defends USDC’s liquidity and distribution moat.
Stablecoins
Circle CEO says Open USD must break USDC’s network effect before its 140 backers matter
Allaire says the stablecoin fight will hinge on liquidity, integrations and regulated usage once OUSD goes live.
Analysis
Bitcoin starts H2 in a bear market as ETFs, Fed and Strategy set $100K-or-$50K test
ETF outflows, Fed rate risk and Strategy’s shift leave July as a critical month for the crypto market.
Stablecoins
Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail
The 140-partner model challenges USDC reserve economics while leaving issuer, reserve and redemption tests unresolved.
Legal
SEC and CFTC crypto plans face new risk from Supreme Court ruling
The court’s decision may make financial regulators more responsive to presidential priorities just as they prepare to define US digital asset oversight.
Regulation
MiCA’s July 1 deadline is Europe’s first crypto user-migration test – OKX interview
MiCA can force unlicensed exchanges out of Europe on paper. OKX Europe’s CEO says the real test is whether offshore apps are still one tap away.
Regulation
Australia’s new crypto transfer rules to make exchange withdrawals pass through identity checks
From July 1, AUSTRAC’s virtual-asset transfer rules change what exchanges ask before crypto moves.
Stablecoins
Visa Mastercard and Coinbase join Open USD as partner-led stablecoin increases DeFi yield war
Open USD may turn stablecoin competition into a DeFi incentive war, with Plasma and other partners using shared economics to fight for user liquidity.
Regulation
Trump’s financial disclosure puts $1B crypto payday at center of CLARITY Act vote
Trump’s disclosure gives CLARITY supporters a compliance defense, but also puts his memecoin, stablecoin, BTC, ETH, and staking exposure at the center of Congress’ unresolved ethics fight.
Legislation
JPMorgan warns rushed US crypto rules could create market loopholes as Senate races toward July CLARITY Act vote
JPMorgan warned that weak guardrails could shift risk into lightly supervised markets as lawmakers seek a CLARITY vote.
