ARK Invest Says Hyperliquid RWA Volume Exceeds Crypto Trading
Key Highlights ARK Invest’s Lorenzo Valente said RWAs accounted for 54% of Hyperliquid’s weekly trading volume. Single equities now represent 61% of all RWA trading volume on Hyperliquid’s HIP-3 markets.…
India Explains How Drug Syndicates Use Crypto to Evade Detection
Key Highlights India says drug traffickers are using cryptocurrency and encrypted apps to hide money and avoid law enforcement. Authorities found criminals using platforms like WhatsApp, Telegram, VPNs, and crypto…
XRP Lawyer Slams Democrats Over CLARITY Act Support Pullout
Key Highlights John Deaton criticized Democrats for opposing DOJ-led enforcement in the updated CLARITY Act. He argued that federal enforcement is essential to avoid a patchwork of state-level crypto regulations.…
CFTC Chair Selig Backs CLARITY Act After Senate Draft Release
Key Highlights CFTC Chairman Mike Selig reiterated support for the CLARITY Act after meeting Senator Ashley Moody. Selig said clear crypto market rules are needed to ensure “the new frontier…
Bitcoin Nears Key Test as ETF Demand Returns: Glassnode
Key Highlights Bitcoin is nearing a key $69,000 price level as spot Bitcoin ETF inflows return, providing fresh support to the market. Glassnode said Bitcoin stayed strong despite global market…
Can SpaceX Stock Reclaim $175 as August Share Unlock Nears?
SpaceX stock is approaching a decisive stretch ahead of its August share unlock, with traders assessing whether the company can recover toward $175 after its sharp retreat from post-listing highs.…
Solana Co-Founder Defends AI Training on Public Online Content
Key Highlights Solana co-founder Anatoly Yakovenko says AI companies should be allowed to train on data that people voluntarily publish online. Anthropic’s $1.5 billion copyright settlement highlights the ongoing legal…
White House Official Urges Democrats to Back CLARITY Act’s Ethics Deal
Key Highlights White House urges Democrats to support Trump’s ethics deal to help move the CLARITY Act toward a Senate vote. Senate Democrats say they cannot support the bill until…
House Hearing Reopens Debate Over Rules for Sports Prediction Markets
Key Highlights House lawmakers held a hearing examining customer protections and market integrity in sports-related prediction markets. Chairman Dusty Johnson said prediction markets have expanded far beyond what regulators anticipated…
Pakistan Tightens Crypto Crackdown With New Investigation Team
Key Highlights The FIA has created a special unit to investigate money laundering, terrorism financing, and other crimes involving cryptocurrencies. The new unit will operate from the National Command and…