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Drake Drops $1.5M USDT Bet on Argentina Despite Spain's World Cup Edge
Rap superstar Drake has placed a $1.5 million bet in USDT on Argentina to beat Spain in Sunday’s FIFA World Cup final, a wager that could pay out roughly $5.175 million if Lionel Messi’s team wins in regulation or extra time.
Key Takeaways
Drake bet $1.5 million in USDT on Argentina at +245
KALSHI6.07%
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World Cup Betting Frenzy: $5.5B Wagers Back Spain to Crush Argentina
Two prediction market platforms are pricing the same outcome for Sunday’s World Cup final, with Polymarket and Kalshi bettors both putting Spain ahead of Argentina as the teams prepare to meet at Metlife Stadium in New Jersey.
Key Takeaways
Polymarket’s
KALSHI6.07%
TRUMP4.23%
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Tradeify Crypto - Hands-on Review by Bitcoin.com
Prop trading has exploded over the past few years, especially among traders looking for a way to scale beyond a small personal account. Crypto was always going to move in the same direction. Volatility creates opportunity, but it also creates a problem: most retail traders simply do not have
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Why Crypto Tokenization Fails—and the One Mistake Institutions Keep Making
Traditional wealth management is constrained by slow, expensive, siloed legacy settlement layers that rely on redundant manual compliance checks. Abdul Rafay Gadit discusses how purpose-built Layer 1 blockchain architecture resolves these systemic inefficiencies.
Key Takeaways
Traditional
ZIG-0.16%
RWA0.51%
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Fhenix Upgrades Sedona With Confidential FHE to Keep Balances Hidden From AI Agents
Self-custodial trading platform Sedona has partnered with Fhenix to integrate confidential fully homomorphic encryption infrastructure into its system.
Key Takeaways
Sedona partnered with Fhenix on July 15 to integrate default cryptographic encryption into its system.
The FHE shift
ARB-1.41%
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SBI Holdings Acquires Coinhako Majority Stake, Deepens its Asia Crypto Footprint
SBI Holdings has acquired a majority stake in Singapore-based crypto exchange Coinhako after securing regulatory approval. The deal strengthens the Japanese financial group’s push into digital assets, stablecoins and tokenized markets across Asia.
Key Takeaways
SBI acquired
SOL0.29%
ONDO-10.13%
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'Useless Plastic': NSPK CEO Declares the End of Visa and Mastercard in Russia
Dmitry Dubynin, CEO of the National Payment Card System (NSPK), stressed that cards issued by Visa and Mastercard “don’t provide any value,” as their operations are currently supported by the national system. Visa and Mastercard exited the Russian market in March 2022.
Key Takeaways
Mir cards
V-1.73%
MA-1.46%
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Ripple Commits $250,000 to 25 Veteran-Owned Businesses Through Hire Heroes USA
Ripple has committed $250,000 in RLUSD-funded grants to 25 veteran- and military spouse-owned businesses through a collaboration with Hire Heroes USA.
Key Takeaways
Ripple committed $250,000 to 25 veteran- and military spouse-owned businesses selected by Hire Heroes USA.
Each recipient
RLUSD-0.01%
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T. Rowe Price Launches Active Spot Crypto ETF With BTC, ETH, XRP Among Top Holdings
T. Rowe Price, which manages $1.89 trillion in client assets, has launched TKNZ, an actively managed multi-token spot exchange-traded fund (ETF) offering exposure to bitcoin, ether, XRP, and other leading cryptocurrencies.
Key Takeaways
T. Rowe Price, which manages $1.89 trillion in client assets
BTC1.08%
ETH0.52%
XRP0.28%
BNB1.16%
SOL0.29%
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Underdog Files First 7 Sports Contracts for Its Own Prediction Exchange
Underdog has filed the first seven sports event-contract templates for UDX, the federally regulated exchange it acquired in March. The filings target an initial listing no later than July 17, moving Underdog closer to controlling its own contracts rather than relying exclusively on outside
KALSHI6.07%
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Nigerian President Tinubu Signs Executive Order to Regulate Country's Crypto Sector
Nigerian President Bola Tinubu has signed an executive order on virtual assets to address a fragmented regulatory landscape and protect citizens from fraud.
Addressing Regulatory Gaps
Nigerian President Bola Tinubu has signed an executive order aimed at regulating virtual assets and cracking
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Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling
Bitcoin fell for a second straight day, dropping 1.4% to trade just under $63,600. It hit a session low of $62,732 early Friday, trimming its market cap and dragging the aggregate crypto market capitalization down 1.8% to $2.26 trillion.
Key Takeaways
Bitcoin fell 1.4% below $63,600 on July 17, h
BTC1.08%
WBTC0.13%
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Tether's USDT Is Adding Over 30 Million Wallets Every Quarter, CEO Paolo Ardoino Says
Tether CEO Paolo Ardoino says USDT’s user base is growing by more than 30 million wallets per quarter, extending the stablecoin’s lead as its market capitalization hovers near record levels.
Key Takeaways
Paolo Ardoino says USDT adds over 30 million wallets a quarter, with its user base
BTC1.08%
ETH0.52%
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Investors Push $79M Into Bitcoin ETFs as Ether Funds Lose $28M
Crypto ETF demand split sharply on Thursday, July 16, as bitcoin products drew $79.15 million while ether funds lost $28.04 million. XRP and Solana ETFs also attracted fresh capital, while T. Rowe Price launched a multi-token fund with an unusually large HYPE allocation.
Key Takeaways
Blackrock l
BTC-0.17%
XRP0.28%
SOL0.29%
HYPE-1.39%
BLK-1.32%
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Grant Cardone Stacks Another 10.5 Bitcoin From July Rent Cash Flow, Keeping Holdings Above 2,700 BTC
Real estate mogul Grant Cardone said Cardone Capital added another 10.5 BTC from July property cash flow, bringing his total keep somewhere around 2,700 BTC.
Key Takeaways
Cardone Capital added 10.5 BTC from July real estate cash flow, bringing total to more than 2,700 BTC.
Grant Cardone
BTC1.08%
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Musk's SpaceX Breaks Below Its $135 IPO Price After a 42% Collapse From Its Peak
SpaceX (Nasdaq: SPCX) fell 3.08% to close at $131.11 yesterday, its first finish below the $135 initial public offering (IPO) price since the rocket maker’s record June debut.
Key Takeaways
SPCX closed at $131.11 on July 16, down 3.08% and below its $135 IPO price for the first time.
SpaceX
SPCX-5.43%
BTC1.08%
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Polymarket: CLARITY Act Odds Rebound to 35% After Crashing to a 2026 Low
Polymarket traders lifted the odds of the CLARITY Act being signed into law this year to 35% on July 17, a sharp recovery from the market’s record low of 24% hit just four days earlier.
Key Takeaways
Polymarket’s CLARITY Act contract rebounded to 35% on July 17 from a record-low 24% on July 13.
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