News and analysis
Page 12 of 12
Citadel Securities holds $600 million across two rival exchanges. Both are chasing the same goal
Citadel Securities invested $400 million in Crypto.com (July 16, 2026) and previously $200 million in Kraken (November 18, 2025), both deals at a $20 billion valuation. Together, the Wall Street market maker has gained exposure to two rivals heading in the same direction: connecting crypto markets with traditional finance.
Leo· NewsSBI Buys Singapore Exchange Coinhako, MAS Approves the Deal
Japan's SBI Holdings has acquired a majority stake in Singapore crypto exchange Coinhako after the deal was approved by Singapore's regulator, MAS. With this move, SBI expands its digital network to include a licensed exchange in Southeast Asia. The financial terms of the deal were not disclosed.
Leo· NewsRobinhood took the fight straight to Coinbase, and immediately inherited Base's biggest problem
Coinbase is rebuilding its Ethereum L2 network Base around trading, payments, and tokenized assets after Base creator Jesse Pollak publicly admitted on July 15 that a two-year bet on social products was a mistake. Meanwhile, a new blockchain from Robinhood is growing fast in those very same segments. Here is a rundown of what happened, and what we still do not know.
Leo· NewsMorgan Stanley launches Bitcoin, Ether and Solana trading via E*Trade
Select retail clients on Morgan Stanley's E*Trade platform can now buy, sell and hold Bitcoin (BTC), Ether (ETH) and Solana (SOL). The trading is handled by crypto infrastructure partner Zero Hash, according to Decrypt and Cointelegraph.
Leo· NewsStrategy reveals its pain threshold: real risk supposedly only kicks in at $8,000 per bitcoin
In an interview with Bloomberg, Strategy CEO Phong Le said that serious risks to the company's balance sheet would only arise if bitcoin fell to $8,000 to $10,000. The firm holds over 804,000 BTC and has boosted its cash reserve to $3 billion, partly by selling its own shares.
Hugo· Local sceneTrump Summons Senators Over Crypto: The CLARITY Act Enters a Decisive Phase
According to Polish and Central European sources, US President Donald Trump reportedly met with a group of senators at the White House to discuss the progress of the CLARITY Act on crypto market structure. The sticking point is the ethics clauses that Democrats are insisting on. Republicans want to hold a vote before Congress goes on its August recess. The outcome of the talks is not yet known.
Hugo· Local sceneChange Is Coming to Ethereum: What's Really Happening Around ETH
Four separate stories point to one trend: the Ethereum ecosystem is shifting on several fronts at once. A new player for institutions, a rebuild of the Ethereum Foundation, and the accounting reality of corporate ETH treasuries (BitMine earned 46 million dollars on staking but lost 92 million on options). Here is what is proven and what nobody knows yet.
Hugo· Local sceneThe Ethics Section of the CLARITY Act Heads to White House Talks. What's Certain So Far and What Isn't
According to CoinDesk, high-level talks are set to take place at the White House over the most contentious part of the upcoming crypto market structure bill (the CLARITY Act), namely the passage dealing with ethics. Per The Defiant, Senator Cynthia Lummis wants to unveil the bill's text "in the coming days." But key questions remain unresolved.
Leo· NewsCoinbase Claims 95% of Its Code Is Written With AI. What Its Manager Actually Said
Rob Witoff, head of platform development at Coinbase, told Cointelegraph that 95 to 100% of the code in the exchange's products is now created with the help of artificial intelligence or directly by models. At the same time, he stressed that the company still needs people for judgment and strategy.
Leo· NewsCLARITY Act in the Senate: Trump pushes, some Democrats call the bill "corrupt"
According to Senate Majority Leader John Thune, the US Senate is set to consider a vote on the CLARITY Act crypto bill before the August recess, which begins on August 10. President Trump called on Truth Social for quick passage, while some Senate Democrats have taken a firm rejectionist stance and at least three senators oppose it on ethical grounds. Whether the bill has enough votes is not yet clear.
Hugo· Local sceneBitcoin Whale Moves 2,931 BTC Worth $188 Million After 7 Years. What We Know and What We Don't
A wallet that had been dormant for seven years, according to Kryptomagazín.cz, moved 2,931 BTC worth roughly $188 million. A transfer on its own does not mean a sale. We break down what is documented and what remains speculation.
Hugo· Local sceneUSDC Jumps 72%, but Circle Pays Half Its Revenue for That Dominance
Per Circle's own 10-K filing, USDC circulation grew 72% year over year to $75.3 billion, but distribution costs tied to Coinbase surged to $1.4 billion, roughly 51% of total revenue and reserve income. The margin after costs held at 39%, the same as in 2024.
Leo· News