Joseph Rees

Underdog Files First 7 Sports Contracts for Its Own Prediction Exchange

Key Takeaways UDX self-certified seven sports contract templates with the CFTC on July 15. Filings target first contract listings no later than July 17. Underdog bought Aristotle’s exchange and clearing entities in March. Underdog moves from distributor to exchange operator…

Nigerian President Tinubu Signs Executive Order to Regulate Country’s Crypto Sector

Addressing Regulatory Gaps Nigerian President Bola Tinubu has signed an executive order aimed at regulating virtual assets and cracking down on unregistered operators, the government announced on July 17. The order establishes a new oversight framework to harmonize a regulatory…

How Venezuela’s Binance P2P Market Now Rivals Its Oil Exports

Key Takeaways Venezuelan Binance P2P volumes hit $1.4B in a month, proving crypto is a primary currency exchange channel. This massive USDT volume equaled 88% of central bank forex sales, exposing traditional market limitations. Easing US sanctions will boost traditional…

Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling

Key Takeaways Bitcoin fell 1.4% below $63,600 on July 17, hitting a session low of $62,732 as post-CPI sentiment faded. Middle East tensions and an AI stock sell-off dragged global tech indices and the crypto market down 1.8%. Nansen’s analyst…

Investors Push $79M Into Bitcoin ETFs as Ether Funds Lose $28M

Key Takeaways Blackrock led bitcoin ETFs to $79.15M inflows on July 16, while ether funds lost $28.04M. Bitcoin’s 3-day streak and XRP’s $6.78M gain showed demand shifting away from ether. T. Rowe Price’s TKNZ launched with 6.45% in HYPE, widening…

A16z-Linked Whale Dumps $28 Million in HYPE as Token Slides 10% in a Day

Key Takeaways Lookonchain tracked 437,000 HYPE ($28.38M) from an a16z-linked whale to OKX, Bybit and Gate in 2 days. HYPE traded near $60 on July 17, down about 10% in 24 hours amid $1.35 billion in crypto liquidations. A16z-linked wallets…

Grant Cardone Stacks Another 10.5 Bitcoin From July Rent Cash Flow, Keeping Holdings Above 2,700 BTC

Key Takeaways Cardone Capital added 10.5 BTC from July real estate cash flow, bringing total to more than 2,700 BTC. Grant Cardone targets 3,000 BTC in 2026 and 10,000 BTC long term across his hybrid funds. Cardone plans to buy…

Musk’s SpaceX Breaks Below Its $135 IPO Price After a 42% Collapse From Its Peak

Key Takeaways SPCX closed at $131.11 on July 16, down 3.08% and below its $135 IPO price for the first time. SpaceX raised a record $86 billion in its June 12 IPO and shares topped $225 before the slide. SpaceX…

Argentine Judge Orders Urgent Freeze of Crypto Wallets Tied to Controversial Libra Token

Key Takeaways Judge Martinez froze Libra wallets after police traced the funds, exposing the networks used to hide them. Wallets moved millions through crypto exchanges, allowing authorities to use KYC rules to identify users. A Libra Trust now manages the…

GoTyme Bank Reaches 10 Million Users, Reports P53 Billion in Deposits

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Gokongwei-backed digital bank GoTyme Bank reported it reached 10 million users as of July 2026, three years after its initial…