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Crypto

Trump fourth-term joke followed by $16.91 million TRUMP token transfer to exchanges

About $16.91 million worth of TRUMP tokens were spotted moving to exchanges shortly after U.S. President Donald Trump joked about seeking a fourth term. It was not confirmed whether any sale occurred, but the transfer revived concerns that project-linked holdings could enter the market. A wallet tied to the project moved 10.84 million tokens via custodian BitGo. Traders focused on supply flows as TRUMP has fallen more than 66 percent over the past five months.

Crypto

Prediction markets emerge as Robinhood\'s top growth engine, led by FIFA World Cup

Bernstein forecasts Robinhood\'s prediction market revenue will rise 286 percent to $586 million in 2026 from $150 million in 2025, The Block reported on June 15. In a research note to clients, Bernstein analysts said prediction markets have become Robinhood\'s fastest-growing product by revenue. They expect 2026 revenue to equal about 17 percent of transaction-based revenue and about 10 percent of total revenue. Robinhood launched CFTC-licensed exchange and clearinghouse Loterra on May 28.

AI & Enterprise

Claude ranks second in South Korea\'s generative AI app revenue - Sensor Tower

Anthropic’s AI assistant Claude has risen to second place in South Korea’s generative AI app market, overtaking Google’s Gemini, according to Sensor Tower. Through early June, Claude ranked second by revenue among iOS generative AI apps in South Korea and first in revenue growth. It hit a record daily revenue of about $104,000 on May 5. Sensor Tower said the increase may have come from existing users converting to paid subscriptions or upgrading plans.