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US crypto perps are live but Bitcoin may be the only market many traders can actually use

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Kalshi’s live U.S.-regulated crypto perpetual futures move the story out of the approval phase and into the order book. The company’s public perpetual futures page and individual product pages now present U.S.-regulated crypto perps as a broader trading category that extends past the first Bitcoin experiment. Kalshi’s own materials point to markets across Bitcoin, Ethereum, … Read more

Singapore puts Hyperliquid on warning list over protections it says it never claimed

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Hyperliquid has been added to Singapore’s Investor Alert List, putting DeFi’s permissionless pitch to a consumer-protection test: the network can keep settling trades, while the interface and public messaging around it draw regulatory scrutiny. Hyperliquid said in a June 26 statement that its appearance on the Monetary Authority of Singapore’s list was a warning-list event … Read more

These crypto tokens could be the biggest winners from the CLARITY Act

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A group of crypto tokens tied to some of the industry’s largest revenue-generating applications could be positioned for a revaluation as Congress moves closer to establishing a federal rulebook for digital-asset markets. The Digital Asset Market Clarity Act, known as the CLARITY Act, would define regulatory responsibilities for crypto assets and the companies that trade … Read more

Strategy’s Bitcoin bet sinks $12 billion underwater as STRC traders brace for more pain

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Strategy’s Bitcoin holdings have fallen roughly $12 billion below their purchase cost, placing the company’s capital-raising model under its sharpest pressure since it accelerated its Bitcoin treasury strategy. The company held 847,363 Bitcoin as of June 21, acquired for an aggregate $64.1 billion at an average price of $75,651. With the top crypto recently trading … Read more

Binance will be cut off from Europe on July 1 – Removes the “best liquidity in the world” says CZ

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Binance is set to miss Europe’s July 1 MiCA authorization deadline, moving the bloc’s exchange-access fight from a policy countdown into a live test of where users, assets, and trading liquidity move next. The exchange has told European customers it will be unable to meet the authorization deadline, according to Binance Square social media posts … Read more

Crypto firms race to lock in CLARITY Act rules before the Senate window closes

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Some of the largest US crypto companies and advocacy groups are escalating a coordinated lobbying campaign to secure a Senate vote on landmark digital-asset legislation before lawmakers leave Washington for their August recess. The industry’s push for the Digital Asset Market CLARITY Act comes as the Senate confronts a narrowing legislative calendar, and negotiations remain … Read more

Ripple got RLUSD into Japan, now the stablecoin race begins as Circle and Nomura join

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Ripple and SBI announced the official launch of RLUSD in Japan on June 24, following JFSA approval, with the stablecoin available to institutional and retail users through SBI VC Trade. Ripple categorized RLUSD under Japan’s Payment Services Act as a new type of electronic payment instrument for foreign-issued stablecoins, the first time the company has … Read more

Crypto lending turns to Wall Street credit rules to win back institutional trust after 2022 collapse

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Celsius froze withdrawals in June 2022 before filing for Chapter 11 in July 2022, and Genesis froze redemptions after FTX’s collapse and filed for bankruptcy in January 2023, owing approximately $3.4 billion to its 50 largest creditors. BlockFi, Celsius, Genesis, and Voyager together accounted for 40% of the crypto lending market and 82% of CeFi … Read more

Solana hits $1B in weekly tokenized stock trading as demand for hard-to-access equities surge

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Solana tokenized equities have crossed a threshold: more than $1 billion in reported weekly volume and a market that now behaves like a live crypto venue. Solana ecosystem messaging said tokenized equities on the network cleared more than $1 billion in weekly volume on June 20. Showcasing that equity-like tokens are now generating crypto-scale flow … Read more