Author: James Wilson

Sam Altman has unveiled OpenAI’s first custom-built AI chip, Jalapeño, as the company moves to reduce its reliance on third-party hardware and strengthen control over the infrastructure powering its artificial intelligence products. Summary OpenAI has launched Jalapeño, its first in-house AI chip built with Broadcom and optimized for AI inference workloads. The chip rollout comes as OpenAI expands ChatGPT Enterprise to 120,000 BBVA employees and deepens ties with Visa. Growing IPO speculation has been fueled by Altman’s comments, Coinbase’s pre-IPO futures, and OpenAI’s expanding commercial footprint. According to OpenAI, the company has developed its first in-house artificial intelligence processor, Jalapeño,…

Trump has postponed signing a housing bill that passed Congress with 358 House votes and 85 Senate votes, leaving a provision that would block a Federal Reserve-issued CBDC until 2030 in limbo. Summary Trump has delayed signing the bipartisan housing bill, putting its CBDC ban provision on hold. The legislation passed Congress with strong bipartisan support, clearing the House 358-32 and Senate 85-5. Democrats criticized the delay as Senate negotiations continue on the CLARITY Act and other legislation. According to a July 24 Truth Social post from U.S. President Donald Trump, he has canceled plans to sign the 21st Century…

Kalshi has expanded its CFTC-regulated crypto perpetuals lineup to 13 digital assets after launching new contracts tied to Zcash, Near Protocol, and Shiba Inu, while legal battles over the platform’s products continue to intensify. Summary Kalshi expanded its CFTC-regulated crypto perpetuals lineup with Zcash and Near contracts, while Dogecoin and Shiba Inu perpetuals are also live. The rollout comes as CME Group challenges the CFTC’s approval of similar products and the regulator fights Kentucky over market oversight. Traditional finance firms, including CBOE and Charles Schwab, are increasingly exploring perpetual and prediction-style trading products. According to Kalshi’s latest listings, the prediction…

Binance has said it will pursue authorization in another European Union jurisdiction if its licensing application in Greece does not advance before the bloc’s MiCA compliance deadline. Summary Binance said it will seek authorization in another EU country if its Greek MiCA application fails to secure approval before the July 1 deadline. EU regulators have reportedly raised concerns about Binance’s compliance history, corporate structure, and executive oversight as the exchange searches for a licensing pathway. ESMA said crypto firms without MiCA authorization must begin winding down EU operations immediately after the transition period ends. Reuters reported that Gillian Lynch, Binance’s…

A Bitcoin treasury company is a publicly traded business whose main purpose is to hold crypto on its balance sheet, letting stock-market investors get exposure without touching a wallet. The model minted fortunes on the way up. Understanding the premium that powers it, and the discount that can break it, is the whole game. Summary Bitcoin treasury companies allow investors to gain crypto exposure through publicly traded stocks, with many firms raising capital to accumulate Bitcoin or ether on their balance sheets. A treasury company’s ability to grow depends heavily on whether its shares trade above the value of its…

One company now holds close to 5% of all the ether that exists, and most of it is staked and off the market. The bull case is a supply squeeze. The bear case is a single buyer propping up a price it is already underwater on. Both can be true at the same time. Summary BitMine now holds roughly 4.7% of Ethereum’s total supply. Most of its ETH is staked, shrinking the liquid float. The bull case is a treasury-driven supply squeeze. The bear case is that one buyer has become the market’s support. On June 22, 2026, BitMine Immersion…

Robinhood Markets stock has started to move away from Bitcoin after months of close price action, according to a chart shared by trader Heisenberg on X.  Summary HOOD has moved away from Bitcoin’s recent weakness as investors price Robinhood’s broader business growth. Robinhood’s $2 billion convertible notes raise gives the company capital for growth, buybacks and acquisitions. Prediction markets, AI trading tools and WonderFi expansion may reduce Robinhood’s link to Bitcoin price swings. The chart showed HOOD and BTC moving near each other from October 2025 before separating in recent weeks. “Since October 2025, HOOD and BTC have been fairly…

SecondFi, a Cardano ecosystem wallet project, said it has traced a recent security incident to its native Cardano web wallet generation software.  Summary SecondFi traced the breach to its Cardano wallet generation software after pausing platform activity Tuesday. SlowMist founder Cos said suspected hacker wallets suggest potential losses could exceed $20 million overall. The incident adds pressure on Cardano as ADA trades near multi-year lows again this month. The team said it had contained the issue and paused affected services while it reviewed the full scope. “We have isolated the root cause of the recent security incident,” said SecondFi in…

Brazil’s Federal Public Ministry has reminded political parties and candidates that they cannot accept cryptocurrency donations for election campaigns.  Summary Brazil’s MPF says campaign donations must remain traceable, keeping crypto outside election finance channels. The ban has applied since 2019 under rules set by Brazil’s Superior Electoral Court. Violations can lead to fines, fund returns, and abuse of economic power claims. The MPF said the rule applies because all campaign donations must allow clear identification of the donor. The notice came through the MPF’s “Me explica, MPF!” series on June 22. The agency said Brazil’s election rules have barred virtual-currency…

Crypto industry advocate Cody Carbone has renewed calls for lawmakers to advance the CLARITY Act as Senate debate over the legislation continues without a scheduled floor vote. Summary Cody Carbone urged lawmakers to advance the CLARITY Act, arguing crypto can lower payment and transaction costs. The bill faces opposition from anti-trafficking advocates and gambling industry groups over regulatory concerns. Ric Edelman said up to 95% of institutions without crypto exposure could enter the market if the CLARITY Act becomes law. According to testimony delivered by Carbone, chief executive of The Digital Chamber, at a Senate Banking Committee hearing on affordability,…