Cumberland has enhanced its regulatory coverage by obtaining a Major Payment Institution license issued by the Monetary Authority of Singapore. The license permits Cumberland SG Pte. Ltd. to offer Digital Payment Token Services and Cross-Border Money Transfer Services under the Payment Services Act of Singapore. The license concludes the regulatory
Prediction markets are no longer a niche sector for hobbyist forecasters. The industry is experiencing rapid growth, with combined monthly trading volumes across major networks crossing $20 billion by mid-2026. This capital influx is largely driven by increased participation in sports contracts, political outcomes and macroeconomic indicators. For active market
The listing of DRV tokens on the biggest crypto exchange in South Korea is going to provide better market accessibility to the Derive protocol by July 14. Upbit confirmed support for KRW, BTC, and USDT trading pairs. This brings the protocol to one of Asia’s most liquid retail cryptocurrency markets.
The White House is about to lose its primary crypto negotiator at a crucial time for U.S. digital asset legislation. Patrick Witt, who is the executive director of the White House Crypto Council, will be starting his military training with the Georgia Army National Guard by the end of this
Two notable institutions have pulled significant Ethereum off exchanges within the same hour. A wallet tied to K3 Capital withdrew 10,000 Ethereum worth $17.85M from Binance, while Abraxas Capital followed with 6,948 ETH valued at $12.42M pulled from both Binance and Bitfinex. That is nearly $30M in Ethereum moved off
While looking at the PI chart, it has been sliding, carving out a falling wedge as the sellers slowly run out of steam. Its price is currently sitting at $0.08653, having steadily dropped by over 11%. It is pressing right into the apex of that wedge with the lower trendline
The chart shows that the Bitcoin dominance peaked in early 2025 and has been quietly losing ground. Right now, it sits at 58.23%, and an analyst thinks it’s heading to sub-55%. The reasoning is straightforward. Since the breakdown last summer, the dominance has printed a clear lower high. Each attempt
The largest prediction market platform, Polymarket, is not a place where people bet on elections anymore. The platform is making a deliberate push toward institutional territory. On July 3, Polymarket filed an application through its affiliate, Coming Home GBA LLC, to operate as a futures commission merchant with the National
In its Q2 2026 Derivatives Report, which was issued today, BitMEX identified three structural factors that contribute to financing rate discrepancies in perpetual futures markets and highlighted trading possibilities that result from variations in exchange demography, margin design, and oracle mechanisms. The report looks at how funding rates, which maintain perpetual
India is currently evaluating its crypto policy in the long run. While the regulatory bodies adopt a cautious stance towards digital assets. According to recent internal government papers, the RBI has reiterated its recommendation regarding restrictions on cryptocurrencies and stablecoins. Reuters reported any cryptocurrencies. Also, keeping themselves free from direct
