Crypto

Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades as insider trading fears spread across Polymarket and Kalshi. Wall Street banks are restricting employee trading on prediction market platforms due to fears that they may use nonpublic information to trade event contracts. Goldman Sachs has reportedly banned its employees from trading on event contracts that are specific to the bank, including financial markets, macroeconomic events, elections and geopolitics, CNBC reported, citing people familiar with the matter. Unidentified sources from Morgan Stanley also told CNBC that the bank has policies regarding prediction market trading by employees, while a spokesperson for Bank of America said the bank was in the process of issuing new prohibitive measures for employees on prediction market trading. Read more

A closer look at the recent performance of XRP, SHIB, and ETH, along with some price predictions.

The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system.

Your day-ahead look for July 10, 2026

Circle announces it received final OCC approval for a national trust bank that will initially serve the company and affiliates, with possible future custody services for institutional clients. USDC stablecoin issuer Circle on Friday announced it received final approval from the US Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank (FNDCB), a national trust bank that will operate under the name Circle National Trust. “OCC approval to establish Circle National Trust marks a defining step in bringing blockchain technology and digital assets into the core of the US financial system,” Circle CEO Jeremy Allaire said. The approval comes after Circle applied for the charter in June 2025, allowing it to establish a federally regulated trust institution and expand its digital asset custody infrastructure. Read more

A convicted launderer serving time for a $5 million scheme allegedly moved crypto that a court had ordered him to forfeit.

Former SWIFT Chief Innovation Officer Tom Zschach dismissed viral XRP partnership claims with a blunt two-word rebuttal, exposing the recurring influencer rumor cycle. The post Ex-SWIFT CIO Tom Zschach Shuts Down XRP Partnership Claims in Two Words appeared first on Cryptonews.

CRYL is offering Bitcoin-backed loans to individuals and businesses as Japanese firms explore broader uses for BTC in lending and credit markets. Japanese lender CRYL has launched Bitcoin-backed loans of up to 1 billion yen ($6.2 million), allowing individuals and businesses to raise fiat currency without selling their BTC.  On Thursday, the company announced that borrowers can access between 1 million yen ($6,200) and 1 billion yen ($6.2 million) at annual rates of 3.5% to 7%. The loans carry collateral ratios of 40% to 60%. They run for one year and can be used for expenses, including taxes, business funding and property purchases. The launch expands Japan’s small market for regulated crypto-backed financing. In 2020, Fintertech, a Daiwa Securities Group and Credit Saison joint venture, launched a similar service and currently lends up to $3 million against Bitcoin or Ether. However, CRYL's service advertises a higher ceiling and a lower minimum, while limiting collateral to BTC.  Read more

On July 9, Phantom and the Hyperliquid Policy Center urged the CFTC to remove rules they say “unduly impede” fintech firms from working with registered derivatives markets. Phantom presents itself as the software in the middle, rather than the custodian. Users retain control of their funds and private keys, while trades are executed directly between […] The post Phantom pulls on-chain perps into the US wallet war ahead of July 9 deadline appeared first on CryptoSlate.

Charles Hoskinson called retirement claims 'categorically untrue' after decontextualised clips spread far beyond crypto — here's what the misinformation got wrong. The post Charles Hoskinson Denies Retirement Rumor That Reached London Cab Drivers appeared first on Cryptonews.

Circle has joined a small but growing list of crypto-native companies that have received OCC approval.

The price of bitcoin hit $64,400, retesting a level it failed to penetrate on Monday, with a break higher opening the path toward the June 15 peak of $67,250.

SWIFT's Hyperledger Besu shared ledger hits initial readiness, enabling tokenized deposit transactions across 17 major banks for 24/7 cross-border settlement. The post SWIFT Crypto Ledger Targets Settlement Dead Zones With 17-Bank Go-Live appeared first on Cryptonews.

Bitcoin miner TeraWulf is reportedly seeking $3.5 billion in debt financing led by Morgan Stanley for its Kentucky data center campus leased by AI company Anthropic. US-listed Bitcoin mining company TeraWulf is reportedly seeking to raise $3.5 billion in debt to expand its Justified Data campus in Kentucky, a facility leased by artificial intelligence company Anthropic under a long-term agreement. The deal is expected to launch this year, with investment bank Morgan Stanley leading the financing effort, TeraWulf chief financial officer Patrick Fleury said, according to a Thursday Bloomberg report. The deal could include leveraged loans and high-yield bonds, marking TeraWulf’s first entry into the leveraged loan market, the report stated. Read more

The state's budget law leaves oversight of Kalshi and Polymarket to the CFTC and taxes them at 6%, far below what other states are pursuing.

Robinhood Chain's $560M+ DEX day dethroned Hyperliquid — but a cat memecoin drove 17% of the volume. Here's what the TVL data actually signals. The post New Memecoin CASHCAT Put Robinhood Chain Ahead of Hyperliquid in DEX Volume appeared first on Cryptonews.

JPMorgan sees Wall Street’s shift toward private blockchains as a deeper threat to Bitcoin than Strategy selling its BTC. JPMorgan warned that shifting tokenization, payments, and settlement onto closed networks could drain activity, liquidity, and capital from crypto while pushing valuations lower. Hybrid public-private systems, tighter stablecoin rules, and Bitcoin’s staying power as digital gold […] The post JPMorgan’s $4.7T private blockchain warning just gave Bitcoin bulls fresh ammunition appeared first on CryptoSlate.

Metaplanet said it is studying Bitcoin-backed digital credit products in Japan with JPYC and Progmat, but no product has been launched. Japanese investment and Bitcoin treasury company Metaplanet's securities arm, Metaplanet Securities, stablecoin issuer JPYC and tokenization infrastructure provider Progmatare are tying up on a joint study on Bitcoin-backed digital credit products in Japan. The study involves using BTC as collateral and a credit enhancement tool combined with the Japanese yen-pegged JPY Coin (JPYC) stablecoin for settlement and payments, while security tokens will be used to manage holder rights, Metaplanet said Friday. The joint study will examine whether Bitcoin can be used as collateral or credit enhancement for digital corporate bonds and other credit instruments, with 24/7 accessibility, settlement and daily interest accrual for holders, issued on the blockchain ledger. No product has been launched yet as part of the experiment. Read more

Ethereum price prediction is back in focus after Fundstrat co-founder Tom Lee floated a $5 trillion network valuation. Realistic? The post Ethereum Price Prediction: Tom Lee Predicts $5 Trillion Ethereum appeared first on Cryptonews.

Robinhood Chain attracted huge trading volumes and new users, but skeptics flagged ownership limitations, bots, and fading meme coin momentum.