MarketsBitcoin ETFs Close July in the Green, But the Finish Looks Shaky
Bitcoin ETFs pulled in $172.4M in July, reversing a two-month outflow streak, but the month closed with a sharp Friday withdrawal.
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MarketsWorld Cup 2026 Drove $20B in Blockchain Prediction Market Volume
Chainalysis found the World Cup drove $20B in blockchain prediction market volume, over 400,000 wallets, and $24M in FIFA Collect NFT trades.
RegulationUS Sanctions Iran's Hormuz Safe Bitcoin Insurance Scheme
The US Treasury sanctioned Hormuz Safe, an Iranian marine insurance scheme for the Strait of Hormuz that accepted bitcoin payments funneled to the IRGC.
StablecoinsTether Posts $1.5 Billion Profit in Q2 2026
Tether posted $1.5 billion in Q2 2026 profit, reserve surplus grew to $4.1 billion, and gold holdings topped 146 metric tons.
BitcoinStrategy Posts $8.22 Billion Q2 Loss on Bitcoin Slump
Strategy reported an $8.22 billion net loss for Q2 2026 driven by unrealized losses on Bitcoin. The company's holdings grew to 843,775 BTC.
RegulationNew York Sues Kalshi Over Illegal Gambling
New York's AG sued Kalshi over alleged illegal gambling. The CFTC is fighting to block the suit, citing federal jurisdiction over prediction markets.
MarketsCoinbase Posts $359M Net Loss in Q2 2026 Despite Record Market Share
Coinbase's Q2 2026 revenue of $1.22B missed estimates and the company posted a $359M net loss, even as its crypto trading market share hit a record 10.3%.
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%.
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.