Crypto & Web3

Dogecoin and Ether Slip as Crypto Markets Pull Back Ahead of Fed Meeting

Cryptocurrency markets experienced a broad but modest decline, with Dogecoin falling 4.5% and Ether dropping 2.5%. These two assets led the retreat among major cryptocurrencies. Despite the short-term dip, most major coins remain in positive territory on a weekly basis. Investors appear to be digesting recent tech earnings results while also positioning ahead of next week's Federal Reserve meeting.

Ripple Expands RLUSD Infrastructure Despite 25% Drop in Transfer Volume

Ripple has launched a dedicated institutional minting platform for its RLUSD stablecoin, signaling a push toward enterprise adoption. The company also integrated RLUSD into Notabene's compliance network, strengthening its regulatory and transaction monitoring capabilities. These developments come as the number of RLUSD holders continued to grow. However, monthly transfer volume for the stablecoin declined 25%, settling at approximately $10.95 billion.

Mirae Asset plans to transform Korbit into a full digital asset ecosystem

South Korean financial conglomerate Mirae Asset is planning a major overhaul of its cryptocurrency exchange Korbit. The platform is set to be rebranded as Digital X as part of a broader strategic vision. Mirae intends to build an interconnected ecosystem that brings together real-world assets, stablecoins, and digital assets under one platform. The move signals an ambition to create a type of integrated digital finance infrastructure not yet seen in South Korea.

Bitcoin stays near $65,000 as AI stock rout spares crypto markets

Bitcoin dipped less than 1% as a major selloff in AI-linked tech stocks left the broader crypto market largely unaffected. The so-called Magnificent Seven stocks suffered their worst single-day performance since April 2025, wiping out roughly $800 billion in value. Alphabet and Tesla were key triggers, unsettling investors over concerns around AI spending. While Bitcoin held steady near $65,000, Dogecoin posted the steepest decline among major cryptocurrencies. The divergence highlights a growing disconnect between crypto assets and the tech-heavy equity sector.

Crypto Market Structure Bill Likely to Miss Pre-Summer Congressional Deadline

The Clarity Act, a bill aimed at establishing a regulatory framework for crypto markets, is expected to miss its window before Congress heads into summer recess. Senate Majority Leader Thune indicated that the deadline will likely not be met before senators disperse. However, Thune suggested the legislation may still see some progress initiated before the break. The delay marks a setback for crypto industry advocates who had been pushing for timely passage of the market structure bill.

Robinhood CEO's X Account Hacked to Promote Fake $VLAD Memecoin

Robinhood CEO Vlad Tenev's account on X was compromised by hackers who used it to promote a fraudulent cryptocurrency token called $VLAD. The unauthorized post falsely claimed that the token would be listed on Robinhood's platform. The incident occurred amid a broader frenzy surrounding memecoins in the crypto market. The deceptive post has since been deleted, though it is unclear how many users may have seen or acted on the false information.

Tassat Plans Stablecoin Marketplace to Give Regional Banks a Foothold in 2025

Tassat, the firm behind the former Signet payment network, is planning to launch a stablecoin marketplace in early 2025. The platform aims to connect stablecoin issuers with regional and smaller banks to help them manage stablecoin reserves. The initiative is designed to give community lenders access to the fast-growing stablecoin market before larger Wall Street institutions dominate it. By acting as an intermediary, Tassat hopes to open up a slice of the trillion-dollar stablecoin industry to banks that might otherwise be shut out.

Coinbase Business Users Can Now Receive Payments From AI Agents

Coinbase has begun rolling out a new feature this week allowing its business customers to accept payments made by AI agents. The capability is powered by the x402 protocol, a payment standard developed and incubated by Coinbase itself. This marks a notable step toward enabling autonomous AI systems to conduct financial transactions directly with businesses. The update is part of Coinbase's broader push to integrate AI-driven commerce into its platform.

SEC Pays Flat Fee to Settle Coinbase Dispute Over Gensler's Missing Texts

The U.S. Securities and Exchange Commission has reached a settlement with Coinbase to resolve a legal dispute over missing text messages from former SEC Chair Gary Gensler. The conflict, which stretched over two years, centered on what Gensler knew about Ethereum and whether relevant communications had been preserved. A court status report revealed that the agency agreed to pay a flat fee as part of the resolution. The settlement brings to a close a prolonged records dispute that had drawn significant attention in the crypto industry.

Crypto for Advisors: It’s time for tokenization to get to work

Uniswap launches permissioned pools for tokenized real-world assets

Uniswap has introduced a new framework enabling regulated funds and securities to trade on its decentralized exchange. The initiative was developed in collaboration with Superstate, Securitize, and Dowgo. The permissioned trading pools are designed to enforce compliance rules required by institutional participants. This move marks a significant step by Uniswap into the tokenized real-world assets space, bridging decentralized finance with traditional financial regulation.

Goldman Sachs CEO supports Clarity Act, breaking ranks with banking peers

Goldman Sachs CEO David Solomon has voiced support for the crypto market structure legislation known as the Clarity Act. Solomon argued the bill would establish a more predictable and stable regulatory environment for digital assets. His stance puts him at odds with other major banking industry leaders who have raised objections to the bill. The primary concern among opposing bank executives centers on specific provisions governing stablecoins. The division highlights growing disagreement within the financial sector over how crypto regulation should be shaped.

EFF Warns KIDS Act Would Create Mass Surveillance and Censorship System

The Electronic Frontier Foundation (EFF) has raised serious concerns about the KIDS Act, a proposed piece of legislation currently under consideration by U.S. lawmakers. EFF's India McKinney argues that the bill goes far beyond age verification, effectively establishing a surveillance and censorship infrastructure. McKinney contends that the proposal poses a significant threat to privacy and free expression for all internet users, not just minors. The EFF is calling the bill a wake-up call for anyone who values civil liberties online.

BlackRock, Coinbase, Strategy Join $15M Consortium to Quantum-Proof Bitcoin

BlackRock, Coinbase, and Strategy are among the firms joining a consortium that has pledged $15 million to address potential quantum computing threats to Bitcoin. The group aims to fund research and preparations that could help safeguard the Bitcoin network against future quantum attacks. Each member organization will direct its funding independently, rather than pooling resources under centralized consortium control. Importantly, the consortium has clarified it will play no role in Bitcoin's governance or any protocol-level decisions.

Mubadala Capital brings private fund onchain via KAIO across Base, Solana and Sui

Abu Dhabi's sovereign wealth-backed asset manager Mubadala Capital has entered the asset tokenization space by moving one of its private market funds onto blockchain networks. The firm partnered with KAIO to facilitate the tokenization across three networks: Base, Solana, and Sui. As part of the development, Coinbase has taken a stake in the onchain fund. The move reflects growing institutional interest in bringing traditional financial products onto public blockchain infrastructure.

Polymarket to fight France's nationwide ban over illegal gambling concerns

Prediction market platform Polymarket is preparing to legally challenge a nationwide website block imposed by French authorities. France's gambling regulator ordered the ban on grounds that Polymarket continued to promote illegal gambling activity within the country. Regulators also raised concerns around financial loss risks, inadequate identity verification, and potential market manipulation on the platform. The dispute highlights growing regulatory scrutiny of prediction markets as they expand into new jurisdictions.

Bulls face a test unlike anything in bitcoin's 17-year history

Your day-ahead look for July 23, 2026

Bitcoin Holds Between $64K–$66.8K After 13% Rebound From July Lows

Bitcoin is trading in a narrow range between $64,000 and $66,800 following a 13% recovery from its July lows. The cryptocurrency market appears to be consolidating gains as broader macro markets provide little directional guidance. With no major catalysts driving movement, traders are largely in a wait-and-see mode. The session's notable outlier was WLFI, which posted a 12% gain, standing out amid an otherwise subdued market.

Bitcoin Holds Above $65,000 as Alphabet's AI Spending Boost Lifts Chip Stocks

Bitcoin continued trading above $65,000 amid positive sentiment in the chip sector. Alphabet reported stronger-than-expected revenue but also announced an increased forecast for AI-related spending. The higher spending outlook weighed on Alphabet's own stock in after-hours trading. However, for chipmakers, greater AI investment signals stronger future demand, providing a bullish outlook. Bitcoin, which tends to track movements in the chip sector, benefited from this positive read on chip stocks.

BitMEX, Pioneer of Crypto Perpetual Swaps, Is Shutting Down

BitMEX, the cryptocurrency exchange co-founded by Arthur Hayes in 2014, is ceasing operations. The platform was a landmark player in the crypto industry, credited with inventing the perpetual swap contract. BitMEX's introduction of 100x leverage perpetual swaps fundamentally transformed how traders engaged with global crypto markets. The exchange's closure marks the end of an era for one of the most influential early crypto trading platforms.