August 1, 2026
Crypto

XRP tests key trendline support as bullish divergence fuels recovery hopes

XRP has dropped nearly 5% after a Fed-induced risk-off move swept across crypto markets, though traders remain focused on bullish chart signals and a major liquidity cluster near $1.30. Summary XRP fell nearly 5% after a hawkish Fed outlook triggered a broad crypto market selloff. Analysts have identified a bullish divergence and key trendline support

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Bitcoin

Mexican Billionaire Ricardo Salinas Bets 70% Of His Portfolio On Bitcoin, Eyes $1 Million Price

Long before bitcoin existed, Ricardo Salinas Pliego was learning about hard money at the family dinner table. Born in Mexico City in 1955, Salinas is the founder and chairman of Grupo Salinas, a corporate conglomerate with interests in telecommunications, media, financial services, and retail. In 1987, he took over from his father as CEO of

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Crypto

JPMorgan restricts Anthropic Claude access for employees in Hong Kong

Anthropic’s AI models have lost another major banking user group in Hong Kong after JPMorgan restricted employee access to Claude under the company’s licensing terms. Summary JPMorgan has restricted employee access to Anthropic’s Claude models in Hong Kong, following a similar decision by Goldman Sachs. The reported restriction stems from Anthropic’s licensing terms, which exclude

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Blockchain

101 Blockchains Recognized as a Leader & Momentum Leader in G2 Summer 2026 Reports

101 Blockchains was named a leading performer in another round of G2 reports, and all the credit goes to our beloved learners and our dedicated team. The G2 Summer Report 2026 is out, and we have won the title of ‘Momentum Leaders’ in two categories. We are also excited to share that we received the

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Bitcoin

Arman Tsarukyan Wins $5.7M on Jack Casino — One of the Biggest UFC Crypto Bets of 2026

UFC lightweight contender Arman Tsarukyan turned a $1 million wager on jack.com into a $5.7 million payout after Justin Gaethje stopped Ilia Topuria at UFC Freedom 250, the first MMA event ever held on the White House South Lawn. Jack, the crypto sportsbook formerly known as Jackbit, confirmed the payout the same day. The bet,

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Crypto

Fidelity launches stablecoin reserve fund under GENIUS Act framework

Fidelity Investments has launched a money market fund aimed at stablecoin issuers and institutional investors seeking to meet reserve requirements under the GENIUS Act. Summary Fidelity has launched a money market fund designed to help stablecoin issuers meet reserve requirements under the GENIUS Act. The new Fidelity Reserves Digital Fund will invest in cash, short

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Bitcoin

AI, Repricing Risk and the Outlook for Bitcoin in 2026

Artificial intelligence has become the dominant narrative in global markets over the past 18 months. What began as a major technological breakthrough has evolved into a once-in-a-generation capital-allocation story, with investment now running into the hundreds of billions across data centres, advanced semiconductors and the power infrastructure required to support them. That scale naturally raises

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Crypto

Michelle Bond to face FTX campaign finance charges

Michelle Bond, the wife of former FTX executive Ryan Salame, must face federal campaign finance charges after a New York judge rejected her bid to dismiss the case.  Summary Judge Daniels ruled Salame’s plea agreement did not promise immunity for Michelle Bond’s campaign case. Prosecutors allege FTX-linked money illegally helped fund Bond’s failed 2022 New

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Crypto

Kentucky tests CFTC power with lawsuit against Kalshi, Polymarket

Kentucky Attorney General Russell Coleman has filed lawsuits against Kalshi, Polymarket and several related partners, accusing them of offering unlicensed sports betting in the state.  Summary Kentucky says prediction markets crossed into sports betting, while platforms claim federal law controls contracts. Kalshi and Polymarket now face lawsuits, tax disputes, and split court rulings across several

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Bitcoin

Can BitGo Save Binance? Inside the MiCA Compliance Lifeline

With just 13 days until the EU’s MiCA deadline, BitGo has introduced a compliance bridge that may allow many crypto firms, including Binance, to operate legally in Europe. Currently, only 194 authorized Crypto Asset Service Providers exist out of over 3,000 registered firms pre-MiCA, according to law firm Hogan Lovells. Binance applied for a pan-EU

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