Crypto

Important Pi Network News and PI Price Update: October 13

“This week marks a massive turning point for the future of Pi Network,” one X user claimed. Pi Network’s team is expected to complete another major ecosystem development later this week, and it remains unclear whether the move will…

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Aptos launches Encrypted Mempool: How does it work?

Aptos has launched its Encrypted Mempool feature on mainnet, allowing users to hide pending transaction details until validators finalize their order, as its native APT token fell more than 11% over 24 hours. Summary Aptos has launched Encrypted Mempool on…

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Crypto

XRP’s Rally Faces a Reality Check as Spot Trading Activity Dries Up

XRP’s price recovery has not revived spot trading. In fact, CryptoQuant data revealed that futures activity is dominating Binance’s market by a significant margin. XRP spot trading activity has plunged sharply in recent weeks, even as futures trading takes…

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Bitcoin miners face uneven borrowing costs for AI expansion

Bitcoin miners have secured AI financing at sharply different rates, with IREN’s 6% and 9% agreements showing how project terms have shaped borrowing costs, according to BlocksBridge Consulting. Summary IREN secured separate $3.65 billion and $2.4 billion financing packages at…

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Solana

Crypto Funds See 4th Week of Outflows, but XRP and SOL Shine: CoinShares Report

Four consecutive weeks of crypto fund outflows hit $3.74 billion, but altcoins outperform as US investors retreat from the market. Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative…

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Hayden Davis Resurfaces After LIBRA Crash, But His Latest Trades Are Deep in the Red

Bubblemaps found that Hayden Davis, who was involved with LIBRA and YZY tokens, has resumed on-chain trading, but recent Solana meme coin bets resulted in nearly $3 million losses. A year after Bubblemaps first detailed the on-chain mechanics behind…

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Solana Growth Signals Hope Despite Woes

Data from Santiment shows new wallet creation rising even as prices slump, hinting network curiosity hasn’t faded with sentiment yet. The price of Solana’s native SOL token is near $84, after a steep, multi-month slide that erased nearly 67%…

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How a Wallet Compromise Killed the Solana DeFi Aggregator

After exploring fundraising and acquisition options, the teams concluded that no sustainable recovery path existed following the breach. Solana-based DeFi aggregator, Step Finance, along with two other affiliate projects, SolanaFloor and Remora Markets, announced plans to shut down all…

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Institutions Are Moving Beyond Bitcoin to Rewire Finance On-Chain (Interview)

Crypto.com Managing Director Iskandar Vanblarcum says institutions are moving beyond passive crypto exposure, embracing tokenized collateral, 24/7 settlement, and prediction markets as blockchain infrastructure begins to reshape traditional finance. Institutional crypto adoption is entering a new phase – one…

White House Loses Its CLARITY Act Dealmaker Days Before Expected July 20 Senate Vote

Key Takeaways Patrick Witt exits the White House July 18 for Army JAG training days before a July 20 CLARITY floor vote. Deputy Director Harry Jung inherits the talks plus Strategic Bitcoin Reserve and GENIUS Act rollout duties. A merged…

Crypto

XRP price risks $1 breakdown as Binance selling pressure persists

XRP traded near $1.07 on July 14 after losing about 1% over 24 hours.  Summary XRP trades near $1.07 as negative Binance CVD data shows sellers still control spot demand. The $1.08 resistance level remains crucial, while $1.05 and $1.00…

Breaking Down Why Sports Fans Are the Best Crypto Audience in the World

Key Takeaways Crypto sports sponsorship spending climbed 20% to $565M in the 2024/25 season. Formula 1 drew 28% of crypto sponsorships, backed by 97M social media followers. Football captured 43% of crypto sports spending as brands shifted toward long-term fan…

Crypto

Ark Invest doubles down on SpaceX with $52m weekly buying spree

Cathie Wood’s Ark Invest has increased its exposure to SpaceX with purchases worth about $52.1 million during the week ended July 10, while cutting positions in semiconductor, streaming and genomics companies as it continued adjusting its portfolios. Summary Ark Invest…

Telegram Short-Link Domain t.me Suspended Globally Following Registry Action

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The domain registry for Montenegro’s .me country code top-level domain has suspended Telegram’s primary short-link domain, t.me, disrupting web-based access…

The Crypto Law That Could Change Everything Has Three Weeks to Pass, or Die

Key Takeaways CLARITY Act needs about 7 Democrats before Aug. 7; Gallego and Alsobrooks are the only 2 confirmed. Galaxy Digital cut 2026 CLARITY odds from 75% to 50% as Senate delays cloud crypto policy. Senate may release a new…

Why did the U.S. move $297M in Bitcoin and Ether to Coinbase Prime?

The U.S. government transferred nearly $297 million in seized Bitcoin and Ether to Coinbase Prime on Monday, according to blockchain data.  Summary U.S. government wallets transferred nearly $297 million in seized Bitcoin and Ether to Coinbase Prime. The Bitcoin movement…

A Handful of Sellers Can Wipe Out Meme Coins in Minutes

Perpetual futures may amplify volatility by forcing leveraged traders into liquidations as prices start to drop. Long-time crypto trader Ogle warned on July 13 that small meme coins with limited liquidity can collapse within minutes when a few large…

Kalshi Takes Tribal Sovereignty Fight to Ninth Circuit Over Sports Markets

Key Takeaways Three California tribes seek to block Kalshi contracts on tribal lands. Kalshi says IGRA cannot reach a company outside tribal gaming agreements. 27 states and Washington, D.C., filed an amicus brief supporting the tribes. Tribal case tests a…