Author: CoinBulletinDaily.com
Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. Summary Bitdeer will invest $36 million in a Nevada factory to produce SEALMINER Bitcoin mining machines. The new Sparks facility is expected to begin commercial production by the end of 2026. Bitdeer shares jumped 14.1% as the company reported stronger U.S. manufacturing and 921 BTC mined in May. According to Bitdeer, the new plant in Sparks, Nevada, will manufacture key components for the company’s SEALMINER mining rigs, with commercial production scheduled to begin before the end of…
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TLDR: The XRP Ledger AI Hub has launched as a new discovery point for AI builders, agents, services, merchants, and x402 payment activity on XRPL. The XRP Ledger has surpassed 1 million agentic payments, showing rising machine-driven settlement activity across AI-linked services. XRP price remains under pressure near $1.06, with sellers still controlling momentum below major daily moving averages. Weak ETF flows, lower active addresses, and declining futures interest show that market demand has not matched the network milestone yet. The XRP Ledger AI Hub has gone live as XRPL records a major milestone in AI-linked blockchain payments. t54.ai announced…
TLDR The Reserve Bank of India continues to support policies that favor crypto prohibition to limit financial and compliance risks. Tax authorities found that fewer than 25% of crypto traders reported taxable gains during the financial year ending March 2023. Government documents show officials remain concerned about offshore exchanges, stablecoins, and untracked peer-to-peer crypto transactions. India still lacks a dedicated crypto law despite having nearly 39 million digital asset investors holding about $2.1 billion in crypto. RBI believes wider crypto adoption could increase capital outflows and add pressure on India’s financial system and currency. India continues to resist broader cryptocurrency…
The province of British Columbia has engaged lawyers from both Vancouver and California to take legal action against OpenAI in connection with the Tumbler Ridge mass shooting on February 10 in which eight people were killed. Niki Sharma, attorney general of B.C., confirmed this during a news conference in Vancouver on July 7th, identifying CFM Lawyers in Vancouver and Stranch, Jennings & Garvey in California as their legal counsel. Locating counsel in OpenAI’s home jurisdiction lets B.C. weigh legal remedies directly in that jurisdiction. Sharma pointed reporters to Wall Street Journal reporting that OpenAI staff had raised concerns about the…
Nigel Farage has resigned as a Member of Parliament after confirming he will seek re-election in a by-election while facing scrutiny over multimillion-dollar gifts from figures linked to the crypto industry. Summary Nigel Farage has resigned as MP and will contest a Clacton by-election while parliamentary investigations continue. Farage denies wrongdoing over multimillion-dollar gifts linked to crypto figures Christopher Harborne and George Cottrell. The controversy comes as crypto-related political funding faces growing scrutiny in both the UK and the US. According to statements Farage made during an X livestream on Tuesday, the Reform UK leader stepped down as the MP…
TLDR: Coinbase’s MiFID license gives the exchange UK investment services authorization, allowing it to expand beyond crypto into derivatives and equities. Institutional and advanced traders will gain access to crypto, equity, and commodity perpetual futures through Coinbase’s UK platform. Retail users in the UK will be able to trade equities on Coinbase for the first time, placing stocks beside digital assets under one login. The approval supports Coinbase’s everything exchange strategy, with stablecoin payments, savings, lending, and tokenized assets still planned. Coinbase has secured a Coinbase MiFID license in the United Kingdom, opening a wider push into regulated finance. The…
TLDR: Polymarket political bets from U.S.-linked wallets reached $571 million in 12 months, topping every other tracked country despite the ban. Allium said country-level wallet tags cover only about 6% of political-market wallets, making the data directional rather than exact. U.S.-linked wallets favored geopolitical prediction markets, with foreign conflict bets taking a larger share than election contracts. American wallets won resolved bets at nearly the same rate as other users, showing bolder positioning rather than a clear trading edge. Polymarket political bets from U.S.-linked wallets reached about $571 million over the past year, even though the platform cannot legally serve…
Kraken has started allowing eligible users to use select tokenized stocks and ETFs as collateral for futures and margin trading on Kraken Pro. The update gives traders a way to support leveraged crypto positions without selling those tokenized holdings first. Summary Kraken allows ten xStocks as collateral, widening capital use for eligible non-US traders globally today. Broad-market ETFs carry lower haircuts, while volatile names like MSTRx and HOODx receive higher discounts. Related coverage shows Kraken moving tokenized assets toward collateral, cash management and institutional credit products. The exchange said 10 xStocks assets are eligible at launch. The list includes SPYx,…
Key Takeaways As billions floods into altcoin derivatives as Wall Street and retail collide, risking either a euphoric altseason or a brutal liquidation cascade fueled by fragile leverage and speculative frenzy. In 2025, gamblers have pushed $61.7 billion in speculative bets onto the altcoin derivatives table, a new and dizzying record. This isn’t just one big wave; it’s a messy chop of conflicting currents, with Wall Street suits and Reddit degens chasing different dreams. The whole setup feels precariously balanced, one bad wobble away from either a face-melting “altseason” or a catastrophic wipeout that liquidates everyone. Leverage: The market’s rocket…