Japan's leading mobile payment firm PayPay, backed by SoftBank and holding a 40% stake in Binance Japan, aims to raise up to $1.1 billion in a Nasdaq IPO. The listing was postponed due to Iran tensions.
The Ethereum Foundation sold 10,000 ETH to Bitmine at an average price of $2,292.15, raising about $23 million. Recent OTC sales to the same buyer now total 25,000 ETH.
Cango reported unaudited 2025 results with $688.1 million in annual revenue, driven mainly by bitcoin mining. The company mined 6,594.6 BTC during the year, while fourth-quarter adjusted EBITDA fell to a $156.3 million loss.
Bitcoin falls 1.1% to $70,867 while Ethereum slips to $2,190. XRP and BNB edge higher. Altcoins surge: RAVE +187%, INX +115%, TRADOOR +97% as capital rotates from majors to small caps.
Zetachain hinted at a June 22 event exclusive to ZETA holders. The community speculates on a Binance listing, major partnership, or airdrop. But the token slid nearly 5% amid broader market jitters.
Dutch gambling authority Ksa ordered Polymarket to cease operations immediately, imposing a weekly penalty of €420,000 for unlicensed political betting. The platform faces global regulatory heat.
Bitcoin traders rush to buy short-term put options targeting $52,000, driven by hawkish Fed, ETF outflows, and Strategy's STRC plunge. Deribit data shows heavy flows across June 22 to July 31 expiries. BTC trades near $62,400.
CFTC Chair Mike Selig said insider trading concerns in prediction markets are overstated, pointing to updated enforcement tools and legal actions, while lawyers say proving misuse of nonpublic information remains difficult.
