Zac Prince, head of Galaxy’s retail platform, said he struggles to see prediction markets in diversified portfolios for long-term investors.
Bitcoin (BTC) dropped to a two-week low of $62,369 on Friday, facing pressure as US stocks closed the month. This decline occurred despite a rebound in Asian markets, with analysts warning of a potential August rollover mirroring 2022 bear market trends.
Aave proposes winding down its V3 markets on six blockchains (Sonic, Scroll, zkSync, Metis, Soneium, Aptos) and retiring 50 low-use token reserves and 21 Pendle principal token listings, affecting $98.1M in supplied assets and $15.6M in debt, to reduce economic and technical risk.
Dubai-based crypto exchange Bybit has expanded the financial utility of blockchain-based equities by enabling six tokenized stocks, including Nvidia and Tesla, to serve as collateral for margin trading and lending products for eligible users.
Solana-based memecoin launchpad Pump.fun reportedly fired employees in April, two months before they were due to receive PUMP tokens worth millions, citing rapid growth. Agreements indicated token vesting was scheduled for June 2026.
Circle's subsidiary, Circle Internet Trust Company LLC, has been granted a limited purpose trust charter by the New York Department of Financial Services (NYDFS), allowing it to offer fiduciary services in New York. This marks a significant regulatory clarity for the stablecoin issuer.
Wintermute's OTC report for H1 2026 reveals institutional investors are concentrating activity in fewer altcoins, generating 72% of spot flow. This suggests future altcoin seasons will produce fewer winners as liquidity clusters in favored assets, with retail activity remaining broader.
