Author: James Wilson

Anthropic has proposed leasing up to $10 billion of computing power from Meta Platforms over two years as the AI developer prepares for a possible October IPO. Summary Anthropic has proposed leasing up to $10 billion of computing power from Meta over two years. Meta is reviewing the deal, which could create a new revenue stream from its AI infrastructure. Bloomberg reports Anthropic is preparing for a possible IPO as early as October. According to Reuters, which cited The New York Times, Meta is reviewing the proposal after Anthropic presented the terms in June. The planned agreement would require Anthropic…

Piero Cipollone has warned that stablecoins could drain bank deposits as Coinbase fell 1.75% to $157 and Circle lost 6% across five sessions to trade near $60. Summary Piero Cipollone warned that growing stablecoin use could pull deposits away from traditional banks. Coinbase shares are testing $157 support, with Compass Point maintaining a $140 downside target. Circle remains inside a descending channel as Mizuho forecasts a potential drop to $50. The European Central Bank executive board member raised the concern during a July 17 speech at the Federation of Cooperative Credit Banks in Rome, where he linked increased stablecoin use…

Ripple Payments Europe has joined 14 other firms in ESMA’s latest MiCA register update, lifting the number of approved crypto asset service providers to 294. Summary ESMA added Ripple Payments Europe and 14 other firms to its MiCA register. Ripple can now provide regulated crypto services across 29 EU countries. AMLA warned that post-MiCA customer migration could strain compliance systems. ESMA’s updated register identifies Ripple Payments Europe SA as an authorized crypto asset service provider, allowing the company’s European payments unit to offer regulated crypto services across 29 EU countries. The authorization follows Ripple’s earlier approval in Luxembourg under the…

Galaxy Digital has signed a 15-year agreement to rename Texas Tech’s football venue Galaxy Stadium from the 2026 season. Summary Galaxy Digital secured naming rights to Texas Tech’s football stadium for 15 years. Galaxy will support AI, digital asset, athlete and workforce programs at the university. The deal expands Galaxy’s presence near its 1.6-gigawatt Helios data center. According to Friday’s announcement, the deal also makes Galaxy the official digital assets and data center partner of Texas Tech Athletics. Financial details were not disclosed. We’re excited to share Galaxy is now the official data center and digital assets partner of @TechAthletics…

Augur has returned with a proposed resolution system and a two-month token migration test as prediction markets draw increased institutional scrutiny. Summary Augur has returned with a decentralized layer for resolving disputed prediction-market outcomes. REP holders are testing the system through a two-month Moon Fork migration. Wall Street banks are tightening employee rules as insider-trading concerns grow. According to a press release shared with crypto.news, the Lituus Foundation announced the relaunch alongside the Augur Lituus whitepaper, which outlines a settlement layer for prediction markets facing disputed outcomes. Under the proposed system, markets could resolve contested events without depending on a…

President Donald Trump has failed to unlock the stalled CLARITY Act after meeting Senate Republicans, with no revised text released and Polymarket traders cutting its 2026 passage odds to 32%. Summary Trump’s meeting with Senate Republicans produced no revised CLARITY Act text. Polymarket traders cut the bill’s 2026 passage odds to 32%. Democratic opposition remains focused on ethics rules and consumer protections. Journalist Eleanor Terrett reported on X that the updated bill remained unavailable after Thursday’s White House meeting, where Trump and Republican senators discussed ethics rules tied to the legislation. Industry leaders now expect the text to arrive next…

Dogecoin price has fallen 3.17% to $0.071 on July 17 as its exchange-traded funds completed one month without recording fresh inflows. Summary Dogecoin price fell 3.17% to $0.071 as its ETFs completed one month without fresh inflows. T. Rowe Price allocated 1.28% of its new active crypto ETF to DOGE. A break below $0.0711 could expose Dogecoin to declines toward $0.070 and $0.068. SoSoValue data shows that U.S. Dogecoin ETFs attracted no new capital between June 17 and July 17, despite the meme coin gaining additional exposure through T. Rowe Price’s newly launched active crypto fund. The products also posted…

Bitcoin price fell below $63,000 after fresh US attacks on Iran lifted oil and the dollar, while renewed election claims from President Donald Trump added pressure on risk assets. Summary Bitcoin price fell below $63,000 as fresh US strikes on Iran pressured risk assets. Oil reached $80 while the US Dollar Index climbed to 100.79. BTC must defend $63,167 or risk falling toward the $57,779 support. According to data from crypto.news, Bitcoin (BTC) dropped 3.5% to an intraday low of around $62,500 on July 17 before recovering slightly to around $63,150, leaving the asset down nearly 2.4% on the day.…

Pi Network price has surged more than 13% to an intraday high of $0.083 after the Core Team confirmed a Protocol v25 upgrade for July 22, lifting retail sentiment around the battered token. Summary Pi Network price surged over 13% after the Core Team scheduled its Protocol v25 upgrade. Rising open interest and a possible triple bottom supported PI’s rebound from record lows. Negative money flow and daily token unlocks could limit gains above $0.083. According to data from crypto.news, Pi Network (PI) price traded near $0.082 at press time after rebounding from its July 14 record low around $0.071.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP ETF expectations rise, investors are exploring platforms like EX DeFi that offer alternative ways to participate in the digital asset ecosystem. Summary EX DeFi expands its cloud mining platform as growing interest in XRP ETFs boosts attention on digital asset services. EX DeFi highlights cloud mining and platform security as XRP ETF optimism drives interest in crypto infrastructure. Rising XRP ETF expectations fuel interest in EX DeFi’s cloud mining platform and digital asset infrastructure. With Ripple obtaining…