Crypto Market Round Up: July 27 2026

Chang.K·Jul 27, 2026·3 min read

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BitMart and BitMEX shut down in the same week, Ripple launches institutional RLUSD minting, Kalshi opens a midterms hub, and Russia legalizes crypto for trade.

Exchange consolidation, institutional stablecoin infrastructure, prediction markets, and geopolitical crypto adoption all made headlines this week.

↳ BitMart announced an orderly shutdown after 9 years, the second exchange to close this week after BitMEX. BMX crashed 58%. All trading ends August 26.

↳ Ripple launched Ripple Mint, giving institutions direct API and UI access to mint and manage RLUSD. The NYDFS-regulated stablecoin has crossed $1.6B in circulation.

↳ Kalshi rolled out a midterms hub for the 2026 US elections, aggregating live prediction market odds with polling and fundraising data. Nearly $200M already wagered on midterm outcomes.

↳ Russia's State Duma passed a crypto law with 340 votes, legalizing Bitcoin and digital assets for international trade settlement while banning domestic payments. Takes effect September 1.

A four-card crypto market roundup for July 27 featuring BitMart's exchange shutdown, Ripple Mint's institutional RLUSD platform launch, Kalshi's 2026 midterm election prediction market hub, and Russia's State Duma crypto trade law

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