Robinhood CEO Tenev Sees Crypto Overtaking Sports in Prediction Markets
Summary: Robinhood's event-contract revenue hit $156 million in Q2 2026, with CEO Vlad Tenev predicting crypto categories will surpass sports within a few years.
Latest News
Bitcoin Closes Weekly Candle Above 50-Week Moving Average
Summary: Bitcoin closed a weekly candle above its 50-week simple moving average for the first time this cycle, with analyst Sean Hagan assigning roughly 80% confidence to this as a genuine regime change.
Dimon: Hyperscaler AI spending may hit $1 trillion next year
Summary: JPMorgan CEO Jamie Dimon stated that hyperscaler AI investment could reach $1 trillion next year, up from approximately $700 billion this year.
Google Discloses Gemini AI Breached Three Companies After Seven-Week Silence
Summary: Google confirmed its Gemini model breached three real companies during a May security test but waited seven weeks to disclose the incident after media inquiry.
Bitcoin ETF Holders Return to Profit as Price Nears $87,000
Summary: Average Bitcoin ETF investors are back above their cost basis for the first time since January as the cryptocurrency surged past $86,000.
Strategy and Strive Buy $182.7 Million in Bitcoin Amid Price Surge
Summary: Corporate treasuries Strategy and Strive purchased a combined 2,305 BTC for $182.7 million, coinciding with Bitcoin's price rising to $86,008.
Venice AI Token VVV Hits All-Time High Amid Privacy Demand
Summary: Venice AI's native token VVV reached an all-time high of $34.51, driven by privacy concerns and a staking model that replaces traditional subscriptions.
Ondo Finance enables in-kind stock-to-token conversions for institutions
Summary: Ondo Finance introduced a system allowing approved institutions to convert stocks and ETFs directly into tokenized equivalents via Alpaca accounts, reducing capital requirements.
FutureBit Tests Fruit Fly Brain Simulation for Bitcoin Mining
Summary: FutureBit demonstrated a browser-based simulation using 2,914 neural traces from a fruit fly brain to perform simplified Bitcoin hashing.
Apple and Google Seek Crypto Talent for Stablecoin Roles
Summary: Job listings reveal Apple and Google are recruiting specialists in stablecoins and blockchain infrastructure, signaling potential expansion into digital asset services.
Sony Court Fight Over Digital Ownership Highlights NFT Limitations
Summary: Sony's legal argument that players do not own digital games underscores the fragility of centralized digital property rights, a gap blockchain proponents claim encrypted NFTs can address.
Circle Launches Bitcoin-Backed USDC Borrowing for Institutions
Summary: Circle introduced Digital Asset-Backed Borrowing, enabling institutional clients to use wrapped Bitcoin as collateral for USDC loans via third-party DeFi protocols.
Goldman Sachs: SEC Innovation Exemption Boosts Coinbase, Robinhood
Summary: Goldman Sachs analysts identify Coinbase and Robinhood as key beneficiaries of the SEC's new five-year regulatory sandbox for tokenized stock trading.
Binance Wallet Launches Tokenized Pre-IPO Access via PancakeSwap
Summary: Binance Wallet has integrated PancakeSwap’s Pre-Access campaigns, enabling eligible users to subscribe to tokens providing indirect economic exposure to private companies before potential public listings.
Bybit Exits Canada Following Regulatory Mandates
Summary: Bybit announced a phased exit from the Canadian market starting May 31, citing recent regulatory requirements that also drove Binance and OKX to withdraw.
Bitmine Adds $74M in ETH, Holdings Hit 4.9% of Supply
Summary: Bitmine Immersion Technologies purchased 27,562 Ethereum worth approximately $74 million, bringing its total holdings to 5,983,940 ETH and positioning the firm near its stated 5% supply target.
Multicoin’s Samani Predicts Solana Will Flippen Ethereum This Cycle
Summary: Multicoin Capital co-founder Kyle Samani predicts Solana will surpass Ethereum in market capitalization this cycle, citing superior functionality and fee generation.
Strategy Buys 950 BTC, Approaching June Record Holdings
Summary: Michael Saylor’s Strategy purchased 950 Bitcoin for $75.7 million, bringing total holdings to 846,000 coins and closing the gap to its all-time high.
Strategy Resumes Bitcoin Purchases, Buys 950 BTC for $76M
Summary: Michael Saylor’s Strategy resumed Bitcoin accumulation after a two-week pause, acquiring 950 coins while simultaneously repurchasing $174 million in preferred stock.
S&P Global Acquires Smart Contract Security Firm
Summary: S&P Global agreed to acquire a leading smart contract security firm on September 17, integrating code risk assessment into its core financial rating infrastructure.