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Bitcoin hits all-time high, market reacts
Market Updates
World Cup Mania Pushes Kalshi and Polymarket to a Combined $45 Billion June
Prediction markets just had their biggest month ever: Kalshi and Polymarket cleared roughly $45 billion in combined June volume, up 75%, with the World Cup doing the heavy lifting.
Saylor Won't Budge: Strategy Sticks to $100 STRC Target With the Stock $13 Underwater
Michael Saylor reiterated Strategy's $99-$100 target for its STRC preferred stock, even with shares near $87 after June's slide to a record low of $71.25 froze the company's Bitcoin-buying machine.
Erik Voorhees' Venice AI Hits Unicorn Status With $65M Dragonfly-Led Series A
Privacy-first AI platform Venice AI raised $65 million at a $1 billion valuation in its first outside round, led by Dragonfly — and the VVV token jumped 20% on the news.
Breaking News
Daily Digest June 28: Bitcoin Cracks Below $60K to a 20-Month Low as Fed Talks Rate Hikes
A brutal week left BTC at its lowest since late 2024, ETF money kept bleeding out, and Binance is days from getting kicked out of the EU. Here's the full picture and what's next.
Bitcoin's Wall Street Hangover: $6B Bleeds From ETFs as 50,000 BTC Dumps at a Loss
Spot Bitcoin ETFs just logged their seventh straight losing week, the longest negative run on record, while nearly 50,000 BTC hit exchanges at a loss. The average IBIT holder is now down about 40%.
Daily Digest June 27: Bitcoin Claws Back to $60K but the 2026 Bear Won't Let Go
BTC snapped a two-day, $4,500 slide to settle near $60K, but it's still down ~30% on the year as ETF outflows hit a seventh straight day. Plus: the Ethereum Foundation cuts 20% of staff, Binance's EU clock ticks toward June 30, and a jobs report that could decide the Fed's next move.
Macro Trends
World Cup Mania Pushes Kalshi and Polymarket to a Combined $45 Billion June
Prediction markets just had their biggest month ever: Kalshi and Polymarket cleared roughly $45 billion in combined June volume, up 75%, with the World Cup doing the heavy lifting.
Saylor Won't Budge: Strategy Sticks to $100 STRC Target With the Stock $13 Underwater
Michael Saylor reiterated Strategy's $99-$100 target for its STRC preferred stock, even with shares near $87 after June's slide to a record low of $71.25 froze the company's Bitcoin-buying machine.
Daily Digest July 1: Bitcoin ETFs Bleed a Record $4.5B as BTC Claws Back Above $60K
Bitcoin opened July at a 652-day low after its worst month since 2022, then bounced above $60K on Fed comments. Plus: MiCA's deadline hits EU crypto firms, Nasdaq taps Pyth, and Thursday's jobs report looms.
Altcoin Analysis
Erik Voorhees' Venice AI Hits Unicorn Status With $65M Dragonfly-Led Series A
Privacy-first AI platform Venice AI raised $65 million at a $1 billion valuation in its first outside round, led by Dragonfly — and the VVV token jumped 20% on the news.
OpenAI Named Its New Models Sol, Terra and Luna — And Crypto Traders Lost Their Minds
OpenAI's GPT-5.6 tiers borrowed three names straight out of crypto's hall of fame and infamy. Traders responded by piling leverage into Terra's long-dead LUNA token.
Ripple Slips Inside MiCA's Gate Days Before the Cliff — But the License Isn't Final Yet
Luxembourg's CSSF handed Ripple a preliminary CASP approval on June 23, putting the firm inside MiCA's perimeter a week before EU enforcement begins. The 'Green Light Letter' still comes with conditions Ripple has to clear.
Government Involvement
Daily Digest July 1: Bitcoin ETFs Bleed a Record $4.5B as BTC Claws Back Above $60K
Bitcoin opened July at a 652-day low after its worst month since 2022, then bounced above $60K on Fed comments. Plus: MiCA's deadline hits EU crypto firms, Nasdaq taps Pyth, and Thursday's jobs report looms.
Britain Locks In Its Crypto Rulebook: FCA Sets Capital, Stablecoin and Market-Abuse Rules
The UK's FCA has published the near-final framework for crypto firms, with authorization applications opening in late 2026 and the full regime going live in October 2027.
The World's Central Bank Just Called Stablecoins Glorified ETFs — And Warned They Could Splinter the Financial System
In its 2026 annual report, the Bank for International Settlements says today's stablecoins fail the basic test of money and risk fragmenting global finance unless governments coordinate fast.
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