The most popular crypto trading instrument just became legal in the U.S., and the firms that got there first weren't the ones you'd expect. The CFTC opened the door for perpetual futures contracts, allowing Kalshi and Coinbase to offer these products to U.S. customers.
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The president who campaigned on weak-dollar populism just handed the keys to a strong-dollar hawk. Kevin Warsh takes the helm at the Federal Reserve amid Trump's apparent reversal on monetary policy preferences
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The rest of the market took the ceasefire win and ran. Crypto didn't even flinch. Global stocks hit all-time highs and oil prices dropped on news of a tentative US-Iran ceasefire extension, but Bitcoin and ether barely moved.
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Global crypto exchanges are treating South Korea like a strategic choke point, not just another market. OKX Ventures and Korea Investment & Securities are each investing KRW 80 billion ($53 million) to acquire a combined stake in Coinone, one of South Korea's established crypto exchanges.
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The cost of staying competitive in AI just got a price tag: $36 billion in debt for chips you don't even own. Apollo and Blackstone are syndicating a $36 billion debt deal to finance Anthropic's AI infrastructure buildout, sourcing chips from Google
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The boring part of crypto just got useful: you can now borrow against tokenized Treasury bills the same way your grandfather borrowed against his stock portfolio. Securitize launched VanEck's VBILL as accepted collateral in an Euler lending market curated by KPK on May 28
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The central bank that prints dollars is now watching AI agents and tokenized assets with the same intensity it once reserved for interest rates.
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The race to tokenize Treasury bills just became a price war, and Circle just fired the first shot at zero. Circle launched a zero-fee tier for USYC, its tokenized Treasury product, for users trading at least $1M daily volume
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The DeFi infrastructure that let you swap dog coins is now going after the bond market. Orca, a Solana-based decentralized exchange, launched a dedicated marketplace for tokenized real-world assets, joining the rush to bring traditional finance on-chain.
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The normie uncle who thinks crypto is a scam just got USDC in his Cash App, whether he knows it or not. Block is rolling out USDC stablecoin payments to Cash App's nearly 60 million users, with 25% already having access and full deployment by week's end
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The vault isn't just a product launch—it's a bet that enough Bitcoiners will finally trade hodl purity for yield. Kraken launched Bitcoin Vault, an earn product that generates BTC-denominated rewards through DeFi strategies while maintaining price exposure to bitcoin.
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A real bank just handed 14.7 million people a stablecoin, no crypto exchange required. SoFi launched SoFiUSD, a bank-issued stablecoin, directly inside its consumer banking app to 14.7 million members on Ethereum and Solana
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Crypto just proved it can swing a Democratic primary in Texas, spending $7.7 million to replace a 30-year incumbent who called their industry a scam. Amanda Menefee defeated 15-term Rep. Al Green in Texas's 9th District Democratic primary runoff, backed by Fairshake and affiliated crypto super PACs
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The stablecoin that accounts for 70% of crypto trading volume just got its own yield infrastructure, and it's not running on Ethereum.
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The crypto exchange is letting retail traders buy into the same asset-backed products that institutional investors have been quietly accumulating since rates went up.
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Bitcoin's technical charts are screaming one thing while Treasury markets whisper another, and the traders watching both know whichever wins this argument will set the price for the next six months. Bitcoin slid toward $75,000 even as global equities hit record highs, breaking the usual correlation
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Private credit is eating the RWA stack, and the old guard isn't invited to the table. The tokenized real-world asset market has reached $51 billion, with private credit leading the charge, according to Bernstein Research data.
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The SEC just discovered what crypto degens learned years ago: putting prediction markets in a regulatory wrapper is harder than it looks. SEC Chair Atkins is delaying approval of ETFs that would let investors bet on elections and economic data, pausing a wave of novel fund applications
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While tech stocks rip on Middle East peace hopes, Bitcoin sits out the party—a divergence that reveals crypto's identity crisis between safe haven and risk asset.
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XRP Ledger's plumbing is about to get smarter, and the quiet upgrade says more about who's building real DeFi infrastructure than who's shouting about it.
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