Why Did USDt Move Ahead of Ether? Tether’s USDt has become the second-largest cryptocurrency by market capitalization after Ether fell to its lowest price of the year on Friday, marking a symbolic shift in a market increasingly favoring liquidity and stability over volatile network tokens. Ether’s market capitalization dropped below $185 billion after a 5.2%
Amazon has announced plans to invest an additional $13 billion in India to expand its artificial intelligence and cloud infrastructure, taking its total planned investment in the country to $48 billion between 2026 and 2030. The fresh commitment builds on the company’s previously announced $35 billion investment across its India businesses in December 2025. The
Ripple has launched its RLUSD stablecoin in Japan through SBI VC Trade, marking a significant step in the company’s effort to expand regulated dollar-backed stablecoin distribution across major financial markets. SBI VC Trade, the crypto exchange and electronic payment instruments business under SBI Group, said it began handling RLUSD on June 24, 2026, after scheduled
Kalshi is reportedly in advanced talks to raise new funding at a valuation of about $40 billion, marking another sharp increase for the U.S.-regulated prediction market platform as investor demand accelerates across the event-contract sector. The reported valuation would nearly double Kalshi’s most recent disclosed mark. In May 2026, the company announced a $1 billion
Coinbase Chief Executive Brian Armstrong has said the company remains open to additional acquisitions after its $2.9 billion Deribit deal, signaling that the largest publicly traded U.S. crypto exchange is prepared to use its balance sheet and public-market position to accelerate growth. Speaking on Bloomberg Television, Armstrong said Coinbase is “always looking” at merger and
Coinbase has secured a Markets in Crypto-Assets license from Luxembourg’s financial regulator, giving the U.S. crypto exchange a single regulatory base to offer crypto products and services across all 27 European Union member states. The license was granted by Luxembourg’s Commission de Surveillance du Secteur Financier, or CSSF, under the EU’s MiCA framework. Coinbase said
U.S. spot crypto exchange-traded funds recorded nearly $500 million in combined net outflows on June 24, as Bitcoin ETFs faced their heaviest pressure in days and Ether funds extended a negative flow streak. Spot Bitcoin ETFs posted $469.0 million in net outflows, led by redemptions across several of the largest issuers. BlackRock’s IBIT lost $239.3
Galaxy Digital has made a strategic investment in Digital Prime Technologies, deepening its relationship with the company behind Tokenet, an institutional digital asset lending platform developed with EquiLend. The investment follows Galaxy’s role as a launch participant on Tokenet, which went live in May 2026 and applies securities lending workflows, risk controls and lifecycle management
Key Facts CertiK announced on 25 June 2026 that it has joined the XDC Network as an institutional masternode validator. Under an agreement between the two organisations, CertiK will deploy and operate validator nodes via its enterprise node solution, CertiK SkyNode. The deployment uses a multi-region sentry node architecture with redundant failover, 24/7 vulnerability scanning,
Why Is SBI Buying Bitbank? SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank for 46.7 billion yen, or about $288.6 million, in a deal that would deepen the financial group’s position in Japan’s regulated digital asset market. The transaction will be carried out through SBI’s wholly owned subsidiary, SBICAH LLC. Once completed, Bitbank