Trading

George Santos Banned by Kalshi for Market Manipulation

Kalshi banned George Santos and fined him $71,356 for market manipulation concerning his State of the Union attendance contract, earning $17,839.57.

Kraken Integrates with SoFi Exchange Network, Lists SoFiUSD

Kraken integrates with the SoFi Exchange Network, listing SoFiUSD stablecoin to enhance crypto transactions and expand digital asset offerings.

Bitcoin reclaims $80K amid DXY decline and yen intervention

Bitcoin reclaims $80K, surpassing $81K as DXY declines due to yen intervention. A weaker dollar historically supports Bitcoin price increases.

Russia’s Sberbank Sees $46 Billion in Crypto Trading Volume

Russia's Sberbank anticipates significant cryptocurrency trading growth, projecting $46.43 billion in the first year and $87 billion by 2029 under new regulations. The bank plans to accept Ethereum and USDT as loan collateral, pending central bank approval. These initiatives align with Russia's new crypto law taking effect September 1, which governs trading, custody, and cross-border payments, while prohibiting domestic crypto payments. The Bank of Russia has approved Bitcoin, Ethereum, and USDT for public trading. Sberbank's expansion into crypto-backed lending addresses market demand in a high-interest-rate environment.

BitGo Buys NYDIG’s Institutional Trading, Expands Offerings

BitGo has acquired NYDIG's institutional trading business in a two-step merger valued at approximately $42.5 million, expanding its derivatives, financing, and capital-markets offerings for professional clients.

BitGo Buys NYDIG’s Institutional Trading, Expands Offerings

BitGo has acquired NYDIG's institutional trading business in a two-step merger valued at approximately $42.5 million, expanding its derivatives, financing, and capital-markets offerings for professional clients.

BitGo Buys NYDIG’s Institutional Trading, Expands Offerings

BitGo has acquired NYDIG's institutional trading business in a two-step merger valued at approximately $42.5 million, expanding its derivatives, financing, and capital-markets offerings for professional clients.

Charles Schwab Expands Crypto Trading Beyond Bitcoin and Ethereum

Charles Schwab Expands crypto trading to include Solana, Avalanche, and Chainlink, building on its existing Bitcoin and Ethereum offerings. The firm will charge a 0.75% fee per trade, aiming to provide clients with more digital asset choices and educational resources. This move follows earlier plans to enter the market once regulatory clarity emerged, with a phased rollout initiated in May.

Bitcoin in new bull market, but $83K remains key

Bitcoin has entered the initial phase of a new bull market, with its price surpassing $80,000 following a 24% rally. Analytics firm CryptoQuant reported an increase in its Bull Score to 80, the highest since October 2025, indicating bullish sentiment across key on-chain and demand indicators. A weekly close above the 365-day moving average, currently around $83,000, is deemed necessary to confirm a sustained new bull market. However, CryptoQuant also warned of potential short-term overheating due to rising trader profits, significant whale profit-taking, and increased exchange deposits.

Hyperliquid Token Rises Following Trump’s Remarks on US Regulatory Pathway

Hyperliquid's native token, HYPE, surged over 20% after President Trump indicated that regulators were working on a compliant pathway for the decentralized trading platform in the US. The token reached a 24-hour high of $72.28, with trading volume hitting $1.4 billion. Hyperliquid is a leading decentralized perpetuals venue, accounting for 40% of the sector's trading volume. No formal proposals regarding US access have been released by the CFTC or Hyperliquid. Separately, shares of Hyperliquid Strategies, a distinct Nasdaq-listed company, also saw a significant increase, with unusual options trading activity noted before Trump's announcement.

Binance Launches Platform for AI Agent Crypto Trading

Binance has launched Binance Agent OS, a platform allowing AI agents to trade crypto on its exchange, integrating APIs, wallets, and a payment layer. The system enables AI tools like ChatGPT to access market data and execute trades within a secure sub-account, without withdrawal capabilities. This move places Binance in a competitive field with other platforms also integrating AI agents into crypto operations.

Ether.fi Introduces Tokenized Assets and Portfolio-Backed Loans

Ether.fi expands its platform with tokenized asset trading, portfolio-backed loans, and fiat accounts, aiming to bridge traditional finance with DeFi. The new features, including tokenized stocks and metals, are available globally, with some regional restrictions.

Coinbase Introduces Derivatives Trading for UK Professional Investors

Coinbase has launched derivatives trading for professional investors in the UK, offering over 170 contracts across various asset classes with up to 50x leverage, following its FCA authorization.

Institutional Focus May Narrow Altcoin Season Success

Institutional investors are increasingly concentrating their activity in a narrower selection of digital assets, suggesting future altcoin seasons may yield fewer winners, according to a Wintermute report.

Crypto Whales Increase Holdings as Bear Market Nears End, CryptoQuant Reports

Large cryptocurrency holders are accumulating Bitcoin and Ether, suggesting the market is nearing the end of a bear market, according to CryptoQuant. Whale holdings have increased, and realized price data points to a potential market bottom.

Bitcoin Price Dips Amid US Stock Pressure and Asian Market Divergence

Bitcoin dropped to a two-week low as US stocks faced pressure, despite a rebound in Asian markets. Crypto trading activity increased amid Asian market fluctuations, with analysts observing a growing link between crypto liquidity and broader tech sentiment. Japan and Korea intervened in currency markets, while central banks maintained interest rates. Despite a strong July, some analysts predict a potential Bitcoin price reversal in August, citing historical patterns and resistance at the 50-month EMA.