Crypto

The 2026 FIFA World Cup generated $20 billion in blockchain-based prediction market volume and $24 million in digital collectible trades, with over 400,000 wallets participating in blockchain betting, according to a report from blockchain analytics firm Chainalysis.

Strategy, the Bitcoin-focused corporate treasury company formerly known as MicroStrategy, reported an $8.22 billion net loss for the second quarter of 2024, driven primarily by an $8.32 billion unrealized loss on its massive Bitcoin holdings.

US spot Bitcoin exchange-traded funds (ETFs) recorded their fourth consecutive session of net outflows on July 28, with investors withdrawing approximately $49.8 million as Bitcoin slipped to $63,000.

Citadel, one of the largest hedge funds managing $67 billion in assets, is calling for a surprise 25-basis-point rate hike from the Federal Reserve on Wednesday, defying broad market expectations of no change.

Coinbase is pushing to become an 'everything exchange' in Canada, offering derivatives, decentralized finance (DeFi) services, and tokenized assets to Canadian users.