Author: AltCoinDrops.com

Kalshi has fueled a billion-dollar dispute over sports betting regulation as trading activity on its platforms continues to surge. Summary Gaming and tribal groups urged the Senate to block sports-related prediction contracts through the CLARITY Act. The American Gaming Association estimates prediction markets have cost states about $1.08 billion in tax revenue. Kalshi’s crypto perpetual futures platform generated over $5.5 billion in volume within two weeks of launch. According to a report from Semafor, a coalition that includes the Indian Gaming Association, the American Gaming Association, and labor organizations has urged the US Senate to add language to the CLARITY…

Ready Card users outside the European Economic Area have been pushed into an abrupt service halt after a card issuer transition disrupted the USDC spending product, according to user notices shared on X. TL;DR Ready Card’s non-EEA service halt shows how stablecoin products still depend on traditional payment rails. The card is marketed as a self-custody USDC debit card, but spending access depends on issuer support. The incident comes as crypto payment firms face a more demanding compliance environment. The bigger story is not custody, but the fragility of card infrastructure around stablecoins. Stablecoin Card Users Hit By Issuer Change…

BitMine has extended its Ethereum accumulation campaign with another 20,000 ETH transfer from FalconX worth approximately $35.85 million. The June 17 movement was directed to a wallet linked to the NYSE-listed company by onchain tracking. The implied acquisition price was about $1,793 per ETH, placing the purchase near the levels where BitMine has continued buying through the latest market weakness. BitMine’s most recent official update placed its treasury at 5,620,754 ETH as of June 14. If the latest 20,000 ETH is additive and no offsetting transfers occurred, the company’s position would rise to approximately 5.64 million ETH. BitMine Controls More…

Strategy’s (MSTR) dividend-paying preferred stock, STRC, closed at $91.79 on Tuesday, its third-lowest since trading began in July 2025, amid lower bitcoin prices and debt concerns. The only lower closes occurred during two sessions later that month, when STRC fell to as low as $88.60. The security was initially priced at approximately $90 in its debut.STRC (TradingView)STRC was designed to trade as close as possible to its $100 par value. However, it has remained below that level for an extended period and has not traded at $100 since May 15, last month’s ex-dividend date.Historically, STRC would trade near its $100…

TLDR: Avalanche sentiment dropped sharply as Santiment data showed a shift from bullish to bearish tone FUD around AVAX focused on developer activity and competition from faster growing layer1 networks Avalanche subnet architecture remains central to ecosystem scaling strategy and network design focus AVAX remains among top trending tokens despite mixed sentiment and rising social media debate Avalanche sentiment weakened across crypto markets as social discussions turned increasingly skeptical around the network. Santiment Intelligence data shows sentiment sliding from one of its most optimistic phases earlier this year into a more bearish range.  Traders pointed to rising concerns over developer…

The market for tokenized real-world assets has continued expanding rapidly, with Citigroup projecting the sector could reach as much as $8.2 trillion by 2030 under its bullish scenario. Summary Citigroup projects the tokenized asset market could reach $5.5 trillion in its base case and as much as $8.2 trillion by 2030. Token Terminal data shows tokenized assets have surpassed $43 billion, rising about 37% over the past six months. Financial advisors are increasingly focused on tokenization and stablecoins as institutions expand blockchain-based financial products. According to Citigroup, tokenization is moving beyond experimental programs and into mainstream financial infrastructure as regulatory…

Ethereum researchers have laid out the first concrete proposal for the network’s post-quantum migration, unveiling a plan for a dedicated XMSS public key registry that would allow validators to register quantum-safe cryptographic keys well before the network replaces its core signature system. The proposal, published on the Ethereum research forum, represents the most detailed roadmap yet for how the smart contract platform will protect itself against the threat of quantum computing — a development many in the industry consider inevitable within the next decade. The XMSS Public Key Registry The centerpiece of the proposal is a separate Ethereum upgrade called…

Three US-listed spot HYPE products have recorded nearly $900 million in cumulative trading volume and about $153 million in net inflows, roughly one month after launch, according to The Block. The launch has made HYPE one of the stronger crypto ETF debuts outside Bitcoin and Ethereum. It also shows growing institutional interest in tokens with a direct link between platform revenue and token demand. The inflows came during a period of heavy reallocation across crypto ETFs. Bitcoin and Ethereum funds recently saw large outflows, while HYPE products recorded positive flows on nearly every trading day after launch. The only exception…

Jake Claver, Chairman of Digital Ascension Group, believes that BlackRock is likely to file a XRP ETF. This comes as the asset manager is also looking to integrate the XRP Ledger in its tokenization initiative. Is BlackRock Close To Filing For An XRP ETF? In a recent clip of the interview, Claver predicted that XRP would see “significant adoption of the XRPL” in the coming months. Moreover, he expects the price of XRP to go “significantly higher.” Further, analyst Ali Martinez expects a breakout above $1.30. “I think that we could see a BlackRock ETF,” Claver declared. He added, “And…

Nvidia has raised the stakes in the artificial intelligence infrastructure race with plans to borrow at least $20 billion from debt markets, a move that comes as Bitcoin miners increasingly reposition themselves as AI and high-performance computing providers. Summary Nvidia plans to raise at least $20 billion through a multi-part bond offering to fund AI investments and refinance debt. Bitcoin miners are expanding into AI and HPC services, with more than $70 billion in contracts announced across the sector. Industry forecasts suggest listed miners could generate up to 70% of revenue from AI by the end of 2026. According to…