MiningAschenbrenner Fund Sells Bitcoin Miner Stocks
Hedge fund Situational Awareness sold $1B in bitcoin miner stocks including IREN and Core Scientific. Citadel bought the portfolio; shares jumped 18-27%.
Institutional Adoption — News - Page 26
Mining
InstitutionalWintermute: Institutions Hit Record 72% of Crypto Spot Trading
Institutions hit a record 72% of spot trading on Wintermute's OTC desk in H1 2026, as crypto volatility fell to about 45%. Key numbers inside.
MarketsLuno Cuts 20% of Staff for Automation Push
Crypto exchange Luno is cutting 20% of its staff to focus on automation and institutional clients, joining a wave of 12 crypto layoffs in July.
MarketsRobinhood Q2: Record Quarter, Crypto Revenue Down 38%
Robinhood's Q2 2026 net income hit $573M, but crypto revenue fell 38% as prediction markets and Robinhood Chain became the new growth engine.
MarketsBitcoin Stalls Ahead of Fed Decision: Why It Can't Hold $65K
Bitcoin slipped to $63,100 as spot ETFs post a fourth day of outflows. Here's what could move the price once the Fed's rate decision lands.
EthereumBitMine Nears 5% of Ethereum Supply
BitMine added nearly 10,000 ETH in a week and is nearing 5% of Ethereum's supply. The company's treasury hit $11.8 billion, with 85% staked.
RegulationJudge Blocks Minnesota's Prediction Market Ban
A US judge temporarily blocked Minnesota's prediction market ban. Kalshi and Polymarket US can keep operating in the state during litigation.
InstitutionalKraken Parent Acquires Magic Labs' Wallet Business
Payward, Kraken's parent, acquires Magic Labs' wallet business, which powers over 60 million wallets and $10 billion in stablecoin transactions.
StablecoinsCircle Buys Nearly 1,000 Blockchain Patents From IBM
USDC issuer Circle bought nearly 1,000 patents from IBM, becoming the largest holder of blockchain IP in the US. What it means for USDC, Arc and AI agents.