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Morgan Stanley’s E*TRADE Adds Spot Crypto Trading via Zero Hash

Morgan Stanley’s E*TRADE has begun offering spot cryptocurrency trading to eligible self-directed clients, adding Bitcoin, Ether, and Solana to a platform that previously focused on traditional assets. The firm says the rollout is powered by a partnership with crypto infrastructure provider Zero Hash, with additional tooling—particularly for moving assets in and out of the platform—expected later this year. According to a Morgan Stanley financial supplement, the self-directed channel serves 8.6 million households and held about $1.56 trillion in client assets as of March 31. The company’s update positions E*TRADE’s customer interface to mirror how many investors already view stocks and ETFs—now alongside major cryptocurrencies—while the back-end custody and transfer mechanics roll out in stages. Key takeaways E*TRADE spot crypto trading is now live for eligible clients, covering Bitcoin, Ether, and Solana. Trading fees are set at 50 basis points, while custody and transaction servi...
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Ripple Presses US Congress to Pass Clarity Act Before Crucial Vote

Ripple’s chief legal officer has renewed support for the Clarity Act as lawmakers prepare for another critical stage in the crypto legislation process. Meanwhile, President Donald Trump is expected to meet with senators to address unresolved issues before the Senate advances the bill. At the same time, the House Financial Services Committee plans another hearing to examine the proposal’s impact on digital asset regulation and financial innovation. Ripple Backs Clarity Act as Senate Discussions Continue Ripple Chief Legal Officer Stuart Alderoty urged lawmakers to support the Clarity Act before the Senate moves toward a full floor vote. He argued that rejecting the proposal would leave existing regulatory gaps unchanged across the digital asset market, allowing bad actors to continue exploiting weaknesses that have remained unresolved for years. Alderoty linked the current regulatory framework to failures that allowed major crypto firms to collapse without sufficient oversight. Therefor...
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Bitcoin Slips as US Stocks Sell Off; Micron Shares Drop 30%+

Bitcoin’s bounce lost momentum on Thursday as weakness spread through US tech stocks, muting broader risk-asset enthusiasm. The move followed a market-wide reaction to cooler inflation data earlier in the week, which had helped push equities and BTC higher before traders began trimming positions. According to TradingView, BTC/USD was trading around $64,500, about 1.5% lower than its three-week highs from the prior day. While crypto initially benefited from the inflation-driven optimism, Thursday’s selloff in high-growth stocks helped cool the appetite for additional upside. Key takeaways BTC/USD hovered near $64,500 after failing to extend gains from the previous day’s three-week highs. Lower US inflation expectations supported early risk-on moves, but tech stocks turned into a drag on Thursday. Market commentary points to “rejection” behavior near key technical areas, including a major moving average zone. Analysts highlighted potential upside limits tied to anchored volume me...
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Blockchain Association CEO Says Crypto Market Ethics Are Not a Priority

US crypto market-structure legislation appears to be nearing a potential Senate vote, as lawmakers race to finalize the remaining sticking points before the August work break. Summer Mersinger, CEO of the Blockchain Association and a former commissioner at the US Commodity Futures Trading Commission (CFTC), told attendees at the Injective Summit in Washington, DC, that the Digital Asset Market Clarity (CLARITY) Act is “very close” on the main language and could reach the Senate floor as soon as next week—if an ethics agreement can be reached. In a sign of how political and governance questions are driving the timeline, Mersinger said “ethics is the big elephant in the room,” pointing to ongoing discussions involving Republican senators and a White House meeting. She also emphasized that while the industry’s members support the broader bill, they do not want the ethics debate to derail the rest of the legislative package. Key takeaways Summer Mersinger says the CLARITY Act is close on...
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MoonPay Acquires Glide to Expand Crypto Deposit Infrastructure

MoonPay has acquired crypto infrastructure startup Glide, aiming to fold Glide’s deposit and routing technology into MoonPay’s fiat-to-crypto offering. The companies announced the deal this week, positioning it as a step in MoonPay’s shift from payments toward broader digital asset infrastructure for other applications. Glide, founded in 2023 by Tushar Soni and Qinyu Tong, is designed to help software applications accept deposits from a wide range of token and wallet sources without requiring users to manually coordinate cross-chain bridges, swaps, and other intermediate steps. Glide’s documentation states the platform supports more than 100 tokens across 30 blockchain networks. Key takeaways MoonPay is integrating Glide’s deposit and routing capabilities into its MoonPay Deposits product. Glide’s core utility is simplifying wallet funding across chains, tokens, exchanges, and cards without manual bridge-and-swap workflows. The acquisition reinforces MoonPay’s strategy to expand ...
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Prediction Markets Hold Up as Crypto Slumps, CoinGecko Shows Record Q2 Volume

Crypto markets ended the second quarter of 2026 with broad weakness, but prediction platforms stood out as an exception. While spot trading, derivatives activity and stablecoin supply all retreated, prediction markets hit record levels, underscoring how quickly bettors are reallocating attention toward event-based contracts. According to CoinGecko’s latest Crypto Industry Report (published Thursday), spot trading volume across the top 10 centralized exchanges fell to $1.95 trillion in Q2 2026—down 27.9% from $2.7 trillion in Q1. Perpetual futures volume also declined 10% to $12.7 trillion. Stablecoin market size slipped 1.6% to $305.1 billion, even as prediction markets surged to their strongest quarter on record with $113.8 billion in notional volume. Key takeaways Broad Q2 weakness across crypto trading: Top-10 CEX spot volume dropped to $1.95T and perpetual futures to $12.7T, according to CoinGecko. Stablecoin growth stalled: The stablecoin market slipped 1.6% to $305.1B despi...
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Onchain Gacha Surges to Record High as Crypto Drops

Crypto prices may have been in freefall in June 2026, but a niche corner of the tokenization boom is showing just how resilient consumer demand can be. Bitcoin dropped more than 20% and traded near a 21-month low, while spot Bitcoin exchange-traded funds recorded their worst stretch on record with $4.5 billion in outflows, according to Cointelegraph coverage. At the same time, Blockworks Research reported that users spent a record $324 million on onchain gacha—an enormous jump from roughly $50 million in the same month a year earlier. The activity underscores how “randomized” collectibles mechanics, now tokenized and accelerated on blockchain rails, are drawing attention even during broader market stress. Key takeaways Onchain gacha spending hit $324 million in June 2026 , per Blockworks Research—up sharply from about $50 million a year earlier. Tokenized trading cards rely on physical custody and grading assumptions , shifting risk from buyers of cards to users of NFTs. Instant ...
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