Cody Carbone, CEO of the cryptocurrency advocacy group The Digital Chamber, received a largely muted response to his testimony at a Senate Banking Committee hearing on affordability. In a Tuesday hearing titled The Affordability Agenda, Carbone said that the digital asset industry could help solve affordability problems in the United States, including through faster and…
XRP price is grinding through one of its less flattering stretches, hovering around $1.10, and it is down by around 3% today. But it is still churning $1.5 billion in daily volume. That volume figure is the tell. Something underneath the surface is keeping participation elevated even as price slides. Our analysts flagged Coinglass data…
In brief Internally dubbed “Arena,” Meta is experimenting with a prediction market platform that will allow users to make predictions using points. Meta hopes to utilize its billions of users across Facebook, Instagram, and other social networks to drive mainstream adoption. The platform would mark another bet on crypto-adjacent tech, following Meta’s attempts at cornering…
Energy stocks rose late Tuesday afternoon with the NYSE Energy Sector Index increasing 0.3% and the Source link
Key Takeaways Bitcoin fell 3.6% to an intraday low of $61,860 as the aggregate crypto market cap declined by nearly 3%. The rout triggered $171 million in crypto liquidations, forcing 11,202 Coinglass traders out of positions. Tx co-founder Mike McCluskey warns that a $10.6 billion options expiry on June 26 will test the $60,000 mark….
Bitcoin (BTC) holders who acquired their coins more than five years ago have cut spending to a 90-day average of 962 BTC, the lowest level since November 2024, according to CryptoQuant data. The slowdown follows three major spending peaks over the past two years, including a high of 3,860 BTC in May 2024. At the…
Solana Foundation is trying to turn pro-trader subsidies into chain-level market structure. With Frontier Traders, the Foundation introduced a program on June 17 that aggregates activity across Solana venues, offers VIP rebates, and covers priority infrastructure for qualified users. The package moves Solana’s pitch closer to the way large trading venues compete for serious flow:…
In brief OpenAI released GPT-5.5-Cyber, a model designed to help find and fix software vulnerabilities faster than previous versions. It outperforms Anthropic’s Mythos on key benchmarks, while Mythos faces a U.S. government ban over national security concerns. The model is being released to trusted defenders with controls, in contrast to Anthropic’s more restricted approach. OpenAI’s…
Tesla stock slipped as the National Highway Traffic Safety Administration said it would examine a fatal crash. Source link
Key Takeaways NYT reports that Meta’s founder Mark Zuckerberg prioritizes Arena, a prediction markets app targeting 3.56 billion daily users. Arena will initially use a points system, with real-money wagering not ruled out for future builds. Polymarket and Kalshi face a new competitor with unmatched distribution as of June 23, 2026. Meta declined to comment…
