Major brokerages initiated coverage on Tuesday with mostly buy ratings following the company’s $75 billion June IPO.
Coindesk
Vanguard opens search for digital assets leader in sign of evolving crypto strategy
The new role would oversee tokenization, stablecoins and blockchain initiatives as Vanguard reassesses digital assets.
AI trade loses steam as infrastructure boom faces reality check
Record earnings, rising competition and concerns over slowing AI spending are forcing investors to reassess one of the market’s biggest trades.
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk.
Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg
Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition to an advisory role.
Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past 2 million.
Coinbase secures UK authorization to offer traditional investments alongside crypto
The license allows institutional traders to access perpetual futures and gives U.K. retail customers the ability to trade equities to begin with.
Bitcoin’s July gains may be fleeting as U.S. demand stays weak
Your day-ahead look for July 7, 2026
Bitcoin stalls as open interest decline raises questions about rally’s staying power
BTC retreated from a two-week high of $64,500 as falling open interest and weak spot demand cast doubt on the sustainability of July’s 8.4% advance.
Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play
The product, called BTC Yield, is designed exclusively for people who already hold bitcoin.