Institutional crypto trading platform LMAX is exploring sale, IPO

SummaryInstitutional trading platform LMAX is working with advisers Morgan Stanley and Stifels investment bank, KBW.Options being considered include a potential sale, SPAC merger or an IPO, according to people familiar.The London-based firm has expanded rapidly in recent months, introducing a 24/7 multi-asset exchange and securing a $150 million strategic investment from Ripple tied to institutional stablecoin adoption.  Institutional crypto trading platform LMAX Group is working with Morgan Stanley (MS) and investment bank KBW, part of Stifel (SF), to evaluate strategic options, according to three people familiar with the matter.  The company is exploring a sale or public listing that could value the business at up to $5 billion, the people said, speaking on condition of anonymity because the discussions are private.  While all options remain on the table, including a sale, SPAC merger and IPOs in the U.S. or Europe, a Nasdaq listing is currently the preferred route, one of the people said.  The company is in no rush to go public as crypto markets remain weak, with its core foreign-exchange business providing insulation from the downturn, another person said.  A company spokesperson said LMAX declines to comment on speculation. Morgan Stanley declined to comment. Stifel didnt respond to a request for comment by publication

07-24انڈسٹری

Galaxy cuts Clarity Act passage odds to 30%, says bill needs 'last-ditch effort'

Quick TakeSeven Democratic negotiators say the latest draft still falls short on ethics, consumer protections and market integrity.Major crypto trade groups are pressing Senate leaders to begin floor consideration before the August recess.  Galaxy Research has cut its estimate of the odds that the Clarity Act becomes law in 2026 to 30%, down from 50% less than a month ago, as the Senate races to advance the crypto market structure bill before its August recess.  Galaxys head of research, Alex Thorn, said the firms latest downgrade is based on the closing window of time before lawmakers leave Washington. While Senate negotiators finally released the Clarity Act text this week, Thorn said the coalition needed to pass the bill is “not visibly in place” and argued it needs a “last-ditch effort” and a legislative “grand bargain” to reach President Donald Trumps desk.  “The calendar is no longer merely an obstacle. It is now the enemy,” Thorn wrote, citing opposition from a handful of Democrats, uncertainty over Republican support and just days remaining to begin the floor process if the bill has any chance of becoming law this year.  Galaxy previously lowered its odds of passage to 50% at the end of June, pointing to Senate

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Odos Protocol to shut down DEX aggregator on July 30

Odos Protocol has announced plans to shut down its decentralized exchange aggregator, giving users until July 30 to withdraw assets from the platform.  According to a Thursday announcement posted on X, the project will discontinue operations and has asked users to remove funds before the deadline. The team did not disclose why it decided to wind down the service.  To the Odos community: after much consideration, the operating company behind Odos is winding down its operations. The app moves to read-only on July 27, and all Odos services shut down permanently on July 30, 2026. Odos is non-custodial: your assets remain yours and on-chain. If…  Users have until July 30 to complete withdrawals before the platform ceases operations. The announcement did not indicate whether any extension would be offered or whether services would remain available after the deadline.  At the same time, the team clarified that the Odos DAO operates independently from the company behind the protocol. It said the DAO will communicate its own plans separately, while adding that the ODOS token will continue to exist onchain despite the shutdown of the operating business.  No changes to the tokens functionality, supply, or governance were announced alongside the closure notice. The statement also did not

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Is Ethereum undervalued? ETHs network growth offers clue

Ethereum, the second-largest cryptocurrency, spent most of 2026 under pressure amid the broader market downturn. Its market capitalization stood at roughly $230 billion.  ETH reached an all-time high of $4,953 on the 24th of August 2025. It has since fallen to $1,888, representing an approximately 62% decline from its record high.  Separately, ETH remained down 36% on a year-to-date basis.  Is ETH undervalued?  Despite the tokens troubled run, activity across the Ethereum network continued expanding.  Alphractal data showed that Daily Transactions remained above 2.5 million during most of the recent period. The network processed 2.56 million transactions at press time.  By comparison, Daily Transactions remained below 1.5 million during much of last year.  Even when Ethereum reached its all-time high in August, the network processed approximately 1.6 million transactions daily.  Source: Alphractal  Alphractals João Wedson, speaking on the development, pointed to those fundamentals as the core reason Ethereum trades well below fair value. He noted,  You may be bearish on the price, but you cannot be bearish on the fundamentals and the actual adoption of the blockchain.  Wedson expects the same fundamentals to drive Ethereums outperformance in the coming market cycle, a move he sees playing out over the “next two to three years.”  Is more capital entering Ethereum?  A closer look shows

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LDO Price Prediction: Momentum Is Dying at $0.41 — Pullback First, Then the Real Test

Lawrence Jengar  Jul 24, 2026 09:55  LDO has clawed back above every major moving average and now sits pinned against brick-wall resistance at $0.41, but with momentum fully exhausted and sell flow quietly dominating takers, the path …  Market Context: Why LDO is Moving Now  Lido DAO has pulled off something genuinely impressive on the chart: a grind from the $0.26–$0.29 range all the way to $0.40, stacking above its 50-day, 200-day, 20-day, and 7-day simple moving averages in sequence. That kind of structural recovery doesnt happen by accident. It signals patient accumulation followed by a momentum pop that has now run its course — at least in the near term.  The problem is the entry point. Anyone buying LDO at current levels is chasing a move that is already 35–50% off its recent lows. The broader liquid staking narrative still has legs — Ethereum‘s staking ecosystem isn’t going anywhere — but narrative alone doesnt override the math of an overstretched daily chart. Traders following this space closely through Blockchain.news will recognize this pattern: a formerly beaten-down DeFi governance token that reclaims moving averages too fast, trapping latecomers at the highs while early accumulators start lightening their bags.  The $0.40 level itself is doing double duty

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HBAR Price Prediction: Compression at $0.07 Is the Calm Before a Violent Move — Target $0.09 or Flush to $0.06

Joerg Hiller  Jul 24, 2026 09:53  HBAR is coiled inside a dangerously tight price range at $0.07 while open interest surges 7.33% and taker selling dominates execution — this contradiction doesnt stay unresolved for long. A break …  Market Context: Why HBAR is Moving Now  Let‘s be blunt about what the chart is telling us. Back in January 2026, CCN was writing about HBAR holding above $0.10 as if it were a concrete demand floor — calling that bounce a sentiment reset. Six months later, price is sitting at $0.07. That $0.10 level didn’t just fail; it got obliterated. And CoinCodex‘s algorithmic target of $0.12 by December 2026 now requires an 71% rally from current levels. That’s not impossible, but it requires a structural catalyst that simply isnt visible in the near-term data.  What we have instead is a market in compression. Every short-term moving average — the 7-day, the 20-day, the 50-day — is stacked virtually on top of each other at $0.07. When price and its own averages collapse into this kind of flat convergence, it‘s not equilibrium. It’s a pressure cooker. The 200-day SMA sitting up at $0.09 tells you exactly where the macro damage lives: HBAR has been in a sustained

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CLARITY Act Odds Fall to 30% as Senate Clock Ticks

Galaxy Research cut the odds of the CLARITY Act becoming law this year to 30% as bipartisan support remains uncertain.Senators released the first combined version of the bill, adding ethics rules, enforcement measures and changes to the GENIUS Act.Democratic negotiators said the proposal still falls short, leaving little time to secure the votes needed before Congress August recess.  Galaxy Research loweredits estimated probability of the legislation passing in 2026 to 30%, down from 50% last month, citing shrinking legislative time, unresolved political disagreements and an increasingly difficult vote count in the Senate.  Combined Draft Brings Months of Negotiations Together  The newly published 616-page proposal consolidates the cryptocurrency market structure legislation previously approved by the Senate Banking and Agriculture committees into a single package. It also incorporates several negotiated additions, including a new ethics framework, expanded law enforcement provisions and amendments to the recently approved GENIUS Act.  Among the most notable changes are restrictions preventing senior government officials and their spouses from issuing or sponsoring digital assets while in office, updated protections for software developers and self-custody users, a dedicated framework for digital asset custodians and broader anti-fraud authorities for federal and state agencies.Provision / CategoryBill Details & ImpactGovernment ethics provisionsRestrict senior officials from issuing

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Microchip Technology (MCHP) Stock: Falls as Company Announces Hailo Edge AI Acquisition

TLDRMCHP stock fell 3.06% after announcing the planned Hailo acquisition.Hailo adds edge AI processors and advanced vision SoCs to Microchip.The deal expands AI capabilities for robotics and industrial applications.Microchip gains over 100 customers and a 10,000-member developer community.The acquisition strengthens Microchips long-term intelligent edge AI strategy.  Microchip Technology (MCHP) shares ended lower after the company announced a definitive agreement to acquire edge AI chipmaker Hailo. The stock closed at $78.86, down 3.06%, before rising slightly to $79.15 in after-hours trading. The acquisition expands Microchips artificial intelligence capabilities for intelligent edge computing across industrial and embedded markets.  Microchip Technology Incorporated, MCHP  Acquisition Expands Edge AI Processing Portfolio  Microchip Technology announced a definitive agreement to acquire Hailo, an edge AI processor developer focused on accelerated computing and vision technologies. The transaction remains subject to customary regulatory approvals and closing conditions. The companies expect completion before the current quarter ends on September 30.  The companies did not disclose the financial terms of the agreement. However, Microchip stated the acquisition should not materially affect its financial results. The company instead highlighted the strategic value of adding dedicated edge AI processing technologies.  The acquisition strengthens Microchips processing portfolio for intelligent edge systems. It also expands support for robotics, drones, industrial automation,

07-24انڈسٹری

PEPE Price Prediction: Momentum Is Cracking and the Bears Are Loading Up

Tony Kim  Jul 24, 2026 09:45  PEPE is already bleeding 3.14% on the session with MACD confirming bearish momentum and zero conviction from buyers despite a neutral RSI — the setup screams continuation lower before any meaningfu…  Market Context: Why PEPE Is Moving Now  Let‘s be blunt: PEPE is in a slow bleed. A 3.14% loss on the day with spot volume on Binance registering just over $12 million is not a market in panic — it’s a market in quiet distribution. Thats arguably more dangerous. Panicked dumps create washouts. Quiet bleeds create stair-stepping price erosion where retail holders convince themselves every dip is a buying opportunity right up until the rug gets fully pulled.  The meme coin sector broadly has been living and dying on liquidity rotation. When risk appetite is high, PEPE surges on narrative alone. When capital starts gravitating toward higher-conviction assets, PEPE is always one of the first tickers to get defunded. Nothing in the current session data suggests a fresh catalyst is in play. This looks like a market that simply ran out of buyers at the prior range and is now repricing lower. For context on how these macro shifts in meme coin appetite tend to develop, Blockchain.news has

07-24انڈسٹری

How Crypto Became a Core Payment Channel in Online Gaming

Five years ago, accepting digital assets was mostly a competitive advantage for online gaming operators. Today, its part of the basic infrastructure.  The scale of crypto used in player disbursements and affiliate settlements has grown steadily across every major market, and most operators now treat it as a standard part of how money moves through their business.  Why operators started using it  For online gaming operators, moving money across borders has always been operationally heavy. Bank transfers take several business days to settle. Accounts get flagged without explanation. In markets where the business is expanding fastest, Latin America, Southeast Asia, and Sub-Saharan Africa, local banking infrastructure is inconsistent, and separate payment relationships per country add overhead with every new market entered.  That pressure pushed operators toward digital assets as a practical alternative. Players in the fastest-growing markets (Brazil, Nigeria, Indonesia, Vietnam, and the Philippines) already use digital assets day-to-day. The expectation carries into how they want to deposit and withdraw.  Stablecoins now comprise 30% of all on-chain crypto activity, with annual stablecoin volume reaching over $4 trillion by August 2025, an 83% increase on the same period in 2024. For finance teams running high daily disbursement loads, stablecoins like USDT and USDC offer predictable settlement

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