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Prediction Market Kalshi Reportedly Eyes $40 Billion Valuation in New Funding Round
- Kalshi is reportedly in talks to raise funds at a roughly $40 billion valuation.
- The figure nearly doubles the $22 billion Kalshi reached last month.
- Kalshi also sued Illinois over a new sports-wagering licensing law.
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After MiCAR, Europe’s Crypto Market Enters the Supervision Era
- Europe’s crypto market is moving toward long-term supervision, governance, and operational responsibility under MiCAR.
- Audrey Lim says successful implementation will depend on trust, investor protection, resilience, and credible regulatory engagement.
- KuCoin EU sees compliance and commercial growth as connected parts of building a sustainable digital asset business in Europe.
BSTR Vote Delay Stalls Adam Back’s Push to Challenge Bitcoin Treasury Leaders
- Cantor's SPAC pushed Adam Back's BSTR shareholder vote from June 26 to July 2.
- BSTR would list with 30,021 BTC, the fifth-largest public Bitcoin treasury.
- A full $1.5 billion raise could lift it toward second place.
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Wendy’s Stock Climbs 30% as WallStreetBets Targets a GameStop Repeat
- Wendy's stock jumped 26% as WallStreetBets traders chased a GameStop-style short squeeze.
- Trading volume topped 200 million shares, more than 15 times the recent average.
- A new CFO hire and a crowded short base fueled the squeeze speculation.
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Best Crypto Platforms to Buy Tokenized Gold in 2026
Tokenized gold platforms reviewed: Bitget, Binance, Kraken, Coinbase, Bybit. Evaluation criteria: regulatory compliance, supported gold tokens, trading fees, liquidity depth, and geographic availability.
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Why Is The US Stock Market Up Today?
- US stocks rose modestly as oil prices retreated toward pre-conflict levels and JPMorgan cut its Brent forecast, easing inflation worries and supporting corporate profit margins
- Energy was the worst sector, falling 2.19% as cheaper oil cut producer revenue, while consumer cyclical led gains at 1.73% on stronger discretionary spending
- Falling 30-year Treasury yields, now at their lowest since April 15, gave equities room to climb, but the S&P 500 must hold 7,347 to advance
21Shares Concedes 4-Year Cycle Intact as Bitcoin Falls Below $60,000 Again
- Bitcoin fell below $60,000 on Wednesday, deepening its slide from October's record.
- 21Shares admits Bitcoin's four-year cycle has not broken six months into 2026.
- The firm still expects a recovery toward $100,000 by year-end.
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Is Bitcoin Mining Becoming an Energy and Infrastructure Business?
- Bitcoin miners are moving from maximum hashrate to maximum profitable hashrate.
- Firmware tuning, curtailment, heat reuse, and dynamic load management are becoming core profitability tools.
- Energy-backed mining sites and lean operators appear best positioned for the next cycle.
- Mining is expected to remain energy-intensive, but the strongest operators will use power more flexibly.
White House Denies Trump Crypto Link to UAE AI Deal After Senate Democrats Demand Hearings
- The White House denied any link between Trump’s UAE AI agreement and World Liberty Financial.
- Senate Democrats are demanding hearings over a reported UAE-linked investment in the Trump family-backed crypto firm.
- Officials said Trump’s assets are in a trust and Steve Witkoff has divested from World Liberty Financial.
