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Antitrust lawsuit expected to challenge $80B Warner Bros. Discovery-Paramount Skydance merger, driven by politics not law.

Market News
11 Jul 2026
New York Post
View Source
Bearish
pluang ai news

Lawyers for Warner Bros. Discovery warn that an antitrust lawsuit challenging its $80 billion merger with Paramount Skydance is likely to be filed by Democratic state attorneys general. The legal case is considered weak on antitrust grounds due to minimal market overlap and negligible consumer pricing concerns. However, the lawsuit is seen as politically motivated, aiming to energize the Democratic base ahead of midterm elections and target allies of former President Trump, who is connected to the deal through the Ellison family. Despite the political noise, experts believe the case will likely be dismissed in court, and the merger's future depends on shareholder interests and market dynamics rather than politics.

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Ethereum marks 10 years without oracle hacks amid ongoing DeFi vulnerabilities.

Ethereum marks 10 years without oracle hacks amid ongoing DeFi vulnerabilities.

Ethereum has reportedly maintained a decade without any oracle hacks, highlighting its strong core security. However, the broader decentralized finance (DeFi) ecosystem continues to face oracle-related vulnerabilities and exploits, which target gaps ...

Market News
Neutral
4 hours ago
XRP activity hits 2026 lows amid bearish sentiment, hinting at potential medium-term reversal.

XRP activity hits 2026 lows amid bearish sentiment, hinting at potential medium-term reversal.

XRP Ledger activity has dropped to some of its lowest levels in 2026, with daily active addresses and network growth at multi-year lows. Spot buying pressure remains muted, and XRP tokens are flowing out of exchanges into cold storage, indicating acc...

Protocol Fundamentals
Neutral
4 hours ago
Solana holds $78 amid $14M wallet hack and new competition from Robinhood's Ethereum layer-2.

Solana holds $78 amid $14M wallet hack and new competition from Robinhood's Ethereum layer-2.

Solana's price steadied near $78 despite a $14 million wallet hack affecting an early investor and rising competition from Robinhood's new Ethereum-based layer-2 network. The hack raised security concerns but was attributed to user-side issues rather...

Market News
Bearish
5 hours ago
XRP price steady ahead of July 17 U.S. CLARITY Act hearing on crypto classification

XRP price steady ahead of July 17 U.S. CLARITY Act hearing on crypto classification

XRP is trading in a narrow range around $1.11 as investors await a key U.S. congressional hearing on July 17 regarding the CLARITY Act, which could define whether XRP is classified as a commodity or a security. Trading volume has dropped sharply, ind...

Market News
Neutral
5 hours ago
edgeX token falls 19% amid cautious trading despite upgrade to StarkEx V2

edgeX token falls 19% amid cautious trading despite upgrade to StarkEx V2

edgeX (EDGE) token price dropped 19.3% to $0.3756 with market cap down 20% as traders reduced activity despite the project's upgrade to StarkEx V2. The shift aims to enhance derivatives infrastructure with better self-custody and performance, but mar...

Protocol Fundamentals
Bearish
5 hours ago
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