Market News
Robinhood Posts Record Q2 Revenue as Prediction Markets Outpace Crypto
Robinhood's event contracts business generated more revenue than its crypto trading arm for the first time, even as total revenue jumped 32% year-over-year to $1.31 billion.
Kraken Acquires Magna as 2026 Crypto M&A Nears $37B Record
The deal adds to a wave of consolidation across the crypto industry this year, with total deal volume on pace to set a new annual record.
Mirae Asset Injects Additional $35M Into Korbit After July Acquisition
The fresh capital follows Mirae Asset's roughly $91.5 million purchase of a 97.15% stake in the South Korean crypto exchange, aimed at shoring up Korbit's balance sheet.
Crypto Market Cap Rebounds to $2.29 Trillion — Bull Signal or Bear Trap?
Total crypto market capitalization has clawed back from a $2.05 trillion low, but sits 46% below October 2025's peak, leaving analysts split on whether the recovery marks a genuine bull season or a temporary bounce.
Cboe Files With SEC for First-Ever 3x Leveraged Bitcoin and Ether ETFs
Cboe BZX Exchange has proposed listing the first 3x leveraged Bitcoin and Ether ETFs in the US, part of a broader six-fund suite sponsored by Volatility Shares that also covers gold, silver and oil.
Securitize Shareholders Clear the Way for NYSE Listing via Cantor SPAC Merger
Shareholders of Cantor Equity Partners II approved the merger that will take tokenization platform Securitize public on the NYSE, making it the first pure-play tokenization firm to reach the public markets.
Spiko and Coinbase Let Investors Enter and Exit EU Fund Products With Stablecoins
Paris-based asset manager Spiko partnered with Coinbase to let investors move in and out of its regulated UCITS money-market funds using stablecoins, cutting settlement times from days to near-instant.
Bullish Shares Rally 15% Then Fade, Still Trade Below Its Own $4.2B Deal Price
Bullish stock spiked 15% after second-quarter earnings before giving back most of the gain, leaving the exchange's shares still below the fixed price backing its $4.2 billion acquisition of transfer agent Equiniti.
Circle Posts Mixed Q2 Results, Lifts Revenue Outlook on Arc Token Sale
Circle raised its full-year revenue forecast on proceeds from a $242 million token sale tied to its new blockchain Arc, even as second-quarter revenue missed estimates and USDC circulation declined from the prior quarter.