Total Stablecoin Cap Falls $1.9 Billion This Week While Sky Dollar Leads the Slide
Tether lost $791 million this week, a single-token drop that accounted for 41% of the $1.9 billion pulled from the entire stablecoin market. Most of its top competitors also finished lower, with USDC shedding 1.05% and Sky Dollar plunging 2.36%. The total stablecoin market cap sits at $311.311 billion, down 0.61% over the past seven … Read more
France World Cup Winning Odds Climb to 35% as Polymarket Volume Tops $3.9 Billion
France has emerged as the clear favorite to win the 2026 FIFA World Cup, according to betting activity on Polymarket and Kalshi, two prediction market platforms that have processed billions of dollars in wagers on the tournament outcome. Polymarket Traders Favor France by a Wide Margin Polymarket‘s World Cup Winner market has generated $3.9 billion … Read more
Michael Saylor’s Orange Dot Bitcoin Chart Returns as Traders Watch for Strategy’s Next Buy
Michael Saylor posted a fresh orange dot bitcoin chart Sunday, putting attention back on whether Strategy will announce another bitcoin purchase. The post follows last week’s $2.55 billion reserve shield and bitcoin monetization plan. Saylor’s Orange Dot Chart Points Back to Strategy’s Bitcoin Stack On July 5, Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor posted … Read more
How the Mighty Have Fallen. But That’s Crypto, Baby! – Week In Review
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. The stock market pushed higher once again this … Read more
South Africa proposes crypto tax rules under existing tax framework
South Africa’s tax authority proposed draft guidance clarifying how crypto assets are taxed under existing income and capital gains tax rules, seeking public input until Aug. 31. Go to Source
Latam Insights: Inside Brazil’s VASP Crackdown, Bolivia’s 40% Devaluation, and Venezuela Crypto Aid
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil moves VASPs to the same regulatory class as traditional brokerages, OKX launches an earthquake relief campaign for Venezuelans, and Bolivia abandons fixed dollar exchange rate. Same Risk, Same Rules: Brazil to Regulate … Read more
NYT: Donald Trump’s TRUMP Token Leaves Nearly a Million Buyers Down $3.81B
Nearly 1 million investors, or roughly two-thirds of investors who purchased President Donald Trump’s branded TRUMP memecoin have lost a combined $3.81 billion through the end of June. Massive Losses for Retail Buyers Nearly 1 million investors who bought President Donald Trump’s memecoin have lost money, according to The New York Times, citing cryptocurrency analytics … Read more
Binance outflows triple to $1.2B as ETH withdrawals hit 3-year high
Binance recorded $1.23 billion in weekly net outflows, up 207% from the previous week, as Ethereum withdrawals surged to a three-year high. Go to Source
Kenyan Treasury Pushes 30% Reserve Requirement as Stablecoin Firms Warn of Higher Costs
Kenya’s National Treasury and cryptocurrency exchanges are in a standoff over a proposed regulation requiring stablecoin issuers to hold at least 30% of their asset reserves in local commercial banks. Protecting the Local Market Cryptocurrency exchanges and Kenya’s National Treasury are reportedly locked in a standoff over a proposed regulation that would force stablecoin issuers … Read more