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Crypto News Aggregator (Page 11)

OUST Stock Explained: The Deals Behind Ouster’s Explosive 28% Rally
Ouster stock surged over 28% following new manufacturing and partnership deals for its Rev8 lidar platform across various sectors.
Benchmark sees over 500% upside in Strategy, reiterates $570 target on new capital framework
Benchmark maintains a $570 price target on Strategy, citing a new capital management framework that allows for share buybacks and strategic bitcoin monetization.
Japanese Yen Falls to Four-Decade Low as Tokyo Signals Decisive Action
The Japanese yen has hit its lowest level since 1986, prompting Tokyo to signal potential intervention to stabilize the currency.
Bitcoin Miner Ionic Digital Files for Nasdaq Direct Listing
Ionic Digital, a firm born from Celsius' restructuring, has filed for a Nasdaq direct listing as it shifts focus toward AI infrastructure.
Bitcoin’s $60,000 test is not over after Strategy’s $2.5B STRC backstop
Strategy implemented a $2.55 billion reserve framework to secure dividend obligations, while Bitcoin faces downward pressure and institutional outflows.
Tesla Stock Surges 8% After FSD v14 Lite Update Launches
Tesla shares jumped 8% following the release of the FSD v14 Lite software update for older vehicle models.
Bitcoin's 52-week correlation with USD/JPY hits -0.90, undercutting 'carry trade' theory
Bitcoin's 52-week correlation with USD/JPY reached -0.90, challenging traditional carry-trade theories regarding how the Japanese yen influences cryptocurrency prices.
Live updates: BlackRock's IBIT sheds $300 million as bitcoin demand dwindles
BlackRock's bitcoin ETF experienced $300 million in outflows as investors shifted capital toward surging AI and semiconductor stocks.
What’s Changing With Australia’s Crypto Travel Rule
Australia is implementing a crypto travel rule requiring users to provide identification details for all crypto transfers to combat financial crime.
Supreme Court Blocks Trump From Firing Governor Leaving Bitcoin with Hawkish Fed
The Supreme Court barred President Trump from firing Fed Governor Lisa Cook, maintaining a hawkish policy stance that creates headwinds for Bitcoin.
ARK Invests Buys $43.5 Million in Crypto-Related Stocks
Cathie Wood’s ARK Invest purchased $43.5 million in crypto-related stocks, including Coinbase and Circle, to capitalize on recent market declines.
Self-exiled Chinese billionaire sentenced to 30 years for fraud involving crypto
Self-exiled Chinese billionaire Guo Wengui was sentenced to 30 years in prison for orchestrating a massive fraud scheme involving cryptocurrency.
Dow Closes Above 52,000 for First Time as Alphabet Debuts
The Dow Jones Industrial Average reached a record high of 52,000, boosted by Alphabet's inclusion in the index and a surge in semiconductor stocks.
XRP holds $1 support as network activity rises and leverage clears out
XRP maintains its $1 support level amid increased network activity, consistent ETF inflows, and a significant reduction in leveraged positions.
Tether trades at 7% to 10% premium in India. Exchanges say its just supply and demand
Executives at Indian crypto exchanges attribute the 7% to 10% premium on Tether (USDT) to localized supply-and-demand imbalances and thin market liquidity.
Tom Lee Ties Ethereum Selloff to Quarter-End Window Dressing
Bitmine Chairman Tom Lee attributes Ethereum's recent 8% weekly decline to institutional investors engaging in quarter-end "window dressing" to improve their portfolio aesthetics.
Bitcoin under pressure below $60,000 as Japanese yen hits 40-year-low against the U.S. dollar
Bitcoin fell below $60,000 as the Japanese yen reached a 40-year low, causing market volatility and concerns over carry trade unwinding.
Bitmine ETH Holdings Reach 5.7M After Joining Russell 1000
Bitmine Immersion Technologies increased its Ether holdings to 5.7 million tokens while officially joining the Russell 1000 index.
Sovereign Funds Buying Bitcoin Dip, MidChains CEO Says
MidChains CEO Basil Al Askari reports that sovereign wealth funds are accumulating Bitcoin, viewing current price levels as an attractive entry point.
SEC Wins $5.4 Million Crypto Fraud Case
The SEC secured a $5.4 million judgment against NanoBit for orchestrating a fraudulent crypto scheme targeting investors via impersonation and fake dashboards.
Securitize to debut on NYSE this Thursday after gaining final nod for merger
Tokenization leader Securitize will begin trading on the NYSE on July 2 following the successful merger with Cantor Equity Partners II.
Ark Invest loads up on Coinbase, Circle, Bullish, Robinhood shares as stocks rally higher
Cathie Wood's Ark Invest purchased additional shares of Coinbase, Circle, Bullish, and Robinhood across its ETFs during a market-wide stock rally.
Singapore's Hyperliquid warning, Indonesia's FinFluencer licence: Asia Express
This week's Asia Express covers crypto regulatory developments in Singapore, Indonesia, South Korea, Japan, and Australia.
Securitize heads to NYSE debut after investors approve SPAC merger
Tokenization leader Securitize is set to go public on the NYSE after shareholders approved its merger with Cantor Equity Partners II.
UK Sets Final Crypto Rules as Firms Face 2027 FCA Authorization Deadline
The UK’s FCA has finalized its crypto regulatory framework, requiring firms to obtain authorization by October 2027 to operate legally.
UK sets capital, market abuse rules in landmark crypto framework
The UK's Financial Conduct Authority has finalized a comprehensive regulatory framework for cryptoassets, effective October 2027.
Revolut Reveals the Hiring Secret Behind Its $75 Billion Rise
Revolut achieved a $75 billion valuation by prioritizing talent density and rigorous recruitment, accepting less than 0.1% of applicants.
Bitcoin Holds $60K As Selling Slows But Bottom May Not Be In
Bitcoin remains at a critical $60,000 inflection point as retail selling persists and institutional buying slows amid market indecision.
Donald Trump Has 10 Days to Decide on Housing Bill with CBDC Ban
President Donald Trump has 10 days to sign or veto a housing bill that includes a ban on central bank digital currencies.
Ukraine Moves $8.3 Million in Seized Crypto Under State Management
Ukraine has placed $8.3 million in seized Tether under government management, marking the first time the state has actively controlled confiscated digital assets.
AI Cuts Animation Costs by 90% as Hollywood Braces for Mass Layoffs
Artificial intelligence is reducing animation production costs by 90%, leading to significant job losses and restructuring within the Hollywood entertainment industry.
TD Cowen says crypto market structure bill passage ‘far from assured’ before midterm election
TD Cowen warns that the Clarity Act faces significant political and policy hurdles, making its passage before the November midterm election uncertain.
OKX Courts Stranded Users as Bybit Follows Binance in Europe Exit
Bybit and Binance are restricting services in the EEA to meet MiCA regulations, allowing OKX to target their displaced European users.
Strategy (MSTR) Surges Over 12% As Bitcoin-Linked Stocks Have Green Day
Strategy Inc. shares rose 14% following the announcement of a new capital overhaul and monetization framework for its Bitcoin holdings.
Smart Money is Leaving Nvidia for This AI Chip Stock
Institutional investors are rotating capital from Nvidia into semiconductor supplier Micron due to supply shortages and growing competition from Nvidia's own major customers.
Senate Leaders Push for July Passage of CLARITY Act
Senate Republican leaders are aiming to pass the CLARITY Act in July despite political hurdles and potential presidential veto threats.
SEC wraps up NanoBit crypto fraud case in final judgment, ordering over $5 million in fines
The SEC has concluded its case against NanoBit, securing over $5 million in fines for an investment scam involving fake financial professionals.
Pi Network Launches 3 Products on Pi2Day: New Utility for PI Coin?
Pi Network released three new tools on Pi2Day, but the PI token price dropped to a record low amid ongoing supply pressure.
JPMorgan Backs U.S. Crypto Bill, But Puts a Warning Label Front and Center as Senate Eyes August Deadline
JPMorgan supports U.S. crypto legislation while warning that inadequate regulatory safeguards could undermine financial stability and create dangerous loopholes.
The Hottest World Cup Trade Wasn’t Sports Betting, It Was Tinder
Match Group stock rebounded as increased Tinder engagement during the World Cup outperformed popular crypto-based sports betting markets.
Bitcoin’s $60K breakdown sets up a volatility shock as traders load up on downside hedges
Bitcoin's drop below $60,000 has triggered increased exchange inflows and defensive options hedging, signaling potential for further market volatility.
Arkham launches ranking system for prediction market traders
Arkham Intelligence has introduced a new Elo-based ranking system that prioritizes prediction accuracy for traders on platforms like Polymarket.
JPMorgan execs draw comparison between yield stablecoins and ‘shadow banking’
JPMorgan executives argue that yield-bearing stablecoins should be prohibited to protect financial stability and prevent risks associated with shadow banking.
MSTR jumps after Strategy says it may sell more Bitcoin to fund dividends and buybacks
Strategy, formerly MicroStrategy, introduced a new framework allowing Bitcoin sales to fund dividends, interest payments, and stock repurchases, boosting investor confidence.
Taiwan Raid Hits Super Micro Office, Slamming SMCI Shares
Taiwanese authorities raided Super Micro Computer's local offices as part of an ongoing investigation into the alleged smuggling of restricted Nvidia AI chips to China.
Fidelity Outlines 5 Factors That Could End the Bitcoin and Crypto Winter
Fidelity identifies five key drivers that could signal the end of the current crypto market downturn and trigger a new bull cycle.
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
Silicon Valley Bank reports that bitcoin lending is maturing through increased institutional participation, better risk controls, and standardized underwriting practices.
Can Bitcoin Avoid A $60,000 Support Loss As US Stocks Rebound?
Bitcoin struggles to maintain the $60,000 support level as market participants remain defensive despite a rebound in US stocks.
Coinbase and OKX Attempt to Swoop up EU Users Affected by MiCA Restrictions
Major crypto exchanges are incentivizing EU users to switch platforms ahead of the enforcement of the EU's MiCA regulatory framework.
JPMorgan backs U.S. crypto bill but warns of risks in digital asset framework
JPMorgan supports U.S. crypto legislation but insists that digital assets must adhere to traditional financial standards and strong regulatory safeguards.
What states can still do to crypto after GENIUS and CLARITY
Illinois' new crypto transaction tax highlights that federal regulations like GENIUS and CLARITY do not prevent states from imposing their own financial levies.
Clarity Act Enters Critical Two-Week Window as Senate Heads Into Recess
The U.S. Senate faces a tight two-week window after recess to navigate legislative hurdles and pass the comprehensive Clarity Act for digital assets.
BNY and Circle expand partnership, adding mint and burn capabilities for USDC
BNY Mellon and Circle are expanding their partnership to allow institutional clients to mint and burn USDC directly.
Strategy’s MSTR, STRC shares recover after brutal week as Saylor unveils new buyback plans
Shares of Strategy's MSTR and STRC rebounded after Michael Saylor introduced a new capital framework featuring significant stock and security buybacks.
BlackRock Fuels 10% Surge for Ethena as USDe Joins $25 Trillion Aladdin Platform
Ethena's synthetic dollar USDe has integrated into BlackRock's Aladdin platform, boosting the ENA token by nearly 10%.
Aave rally makes DeFi lending look more like a bank to investors
Aave’s market growth and adoption of institutional-style financial tools are leading investors to evaluate the protocol similarly to traditional banking entities.
BNY Adds End-to-End USDC Services for Institutional Clients
BNY has integrated USDC minting, redemption, and custody services into its digital asset platform, marking its first stablecoin offering for institutional clients.
Memory Chip Giants Face Lawsuit Over 700% DRAM Price Spike
Major memory chip manufacturers Samsung, SK Hynix, and Micron are facing a lawsuit alleging they artificially inflated DRAM prices by restricting supply.
2007–2009—The Global Financial Crisis and the Birth of Bitcoin
Bitcoin emerged as a decentralized, transparent alternative to the inflationary fiat financial system following the 2007–2009 global financial crisis.
Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done.
Approximately 40% of the $16.69 billion lost in crypto hacks stems from compromised private keys rather than smart contract or blockchain code vulnerabilities.
Binance founder CZ says MiCA application was ‘fully compliant’ and near approval before political forces intervened
Changpeng Zhao claims Binance's Greek MiCA license application was blocked by political interference despite being fully compliant and near approval.
White House to speak with law enforcement groups to push Crypto's Clarity Act
The White House is meeting with law enforcement to address concerns regarding the crypto market structure bill's anti-illicit finance provisions.
J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments
J.P. Morgan expanded its Kinexys blockchain platform to support five additional Asia-Pacific currencies, facilitating 24/7 cross-border settlements for institutional clients.
3 Altcoins to Watch in the First Week of July
GWEI, VELVET, and DEXE are highlighted as top altcoins showing strong bullish momentum and potential for further price gains in early July.
Strive (ASST) Holds 19,864 BTC With No New Purchases Last Week, Balance Sheet Hits $141.7M Cash
Strive, Inc. reported maintaining its 19,864 BTC holdings while disclosing a cash position of $141.7 million in a recent SEC filing.
Why a collapse in $1 trillion AI spending boom could hit Bitcoin traders first
The Bank for International Settlements warns that a potential AI investment bust could trigger market-wide liquidity tightening, impacting Bitcoin as a risk asset.
MiCA July 1 deadline could leave 10 million crypto users searching for a new platform in the EU
The EU's July 1 MiCA deadline forces unlicensed crypto firms to cease operations, potentially impacting over 10 million users across the region.
Can AI drain DeFi? Separating Claude Mythos hype from reality
AI advancements like Claude Mythos present both risks and defensive opportunities for DeFi, rather than an inevitable systemic collapse.
Ripple wants institutions to borrow against tokenized assets on XRPL
Ripple has proposed a new lending protocol for the XRP Ledger that allows institutions to borrow against on-chain assets while managing credit decisions off-chain.
Robert Kiyosaki Admits He Was Wrong About Gold but Makes a New 5-Year Prediction
Robert Kiyosaki acknowledged an incorrect short-term gold forecast while maintaining his long-term price target of $35,000 for the metal over the next five years.