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Crypto News Aggregator (Page 25)

US Lawmakers May Be Banned From Betting on Kalshi and Polymarket
Representative Bryan Steil introduced a bill to ban members of Congress from wagering on political outcomes via prediction markets like Kalshi and Polymarket.
Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations
Strive Asset Management CEO Matt Cole attributed a sharp digital credit market selloff to forced leverage liquidations rather than deteriorating credit quality.
Bitcoin Activity Nears Record Highs as Microtransactions Surge: CryptoQuant
Bitcoin network activity is nearing record highs due to a massive surge in small-value transactions driven by inscription protocols.
Microsoft found malware that hijacks crypto wallets and spreads through USB sticks
Microsoft has identified a worm called Trojan:Win32/CryptoBandits that spreads via USB drives to steal cryptocurrency wallet data and private keys.
Algorand Targets Broad Quantum Resilience by End of 2027 With New Roadmap
The Algorand Foundation has unveiled a roadmap to achieve full quantum resilience for its blockchain network by the end of 2027.
Goldman Sachs cuts year-end gold target by $500, doubting rate cuts
Goldman Sachs lowered its gold price target to $4,900, citing expectations that the Federal Reserve will delay interest rate cuts until 2027.
Bitcoin Didn’t Care about the Oil Market Recovery, 5-Years of Data Shows Why
Five years of data demonstrate that Bitcoin price movements are largely decoupled from fluctuations in the oil market.
AllUnity Launches Swedish Krona Stablecoin SEKAU
AllUnity has introduced SEKAU, a MiCA-compliant, fully reserved Swedish krona stablecoin designed for institutional settlements and cross-border payments.
What Is the CLARITY Act? The Crypto Market Structure Bill Explained
The CLARITY Act is a proposed U.S. bill designed to establish a federal regulatory framework for digital assets and crypto market structure.
What Happens When Bitcoin Reaches 21 Million Supply?
Once Bitcoin hits its 21 million coin limit, mining will continue with revenue shifting entirely from block rewards to transaction fees.
Gemini Co-Lead Noam Shazeer Quits Google, Joins OpenAI Before IPO
AI pioneer Noam Shazeer has left Google to join OpenAI as the latter prepares for a significant public offering.
Franklin Files Passive ETFs that Reinvest Dividends into Bitcoin Exposure
Franklin Templeton has filed for new ETFs that automatically reinvest US stock dividends into Bitcoin exposure.
SpaceX Sheds $620 Billion in Two Days: Is the Post-IPO Slide Just Starting?
SpaceX stock has dropped significantly following its acquisition of Anysphere, erasing $620 billion in market value amid cooling retail investor enthusiasm.
Algorand to Be Quantum Resilient by 2027
Algorand has announced a roadmap to implement quantum-resistant infrastructure across its blockchain network by the end of 2027.
Microsoft Flags USB Crypto Clipper Hijacking Wallets
Microsoft warns that a new USB-distributed malware strain steals cryptocurrency wallet credentials and provides attackers with persistent remote backdoor access.
CFTC Secures Trading Ban Against Jailed Celsius Founder Alex Mashinsky
A federal court has permanently banned imprisoned Celsius founder Alex Mashinsky from trading in markets regulated by the CFTC.
CFTC, SEC request public comment to clarify definition of ‘swaps’ amid CME lawsuit
The CFTC and SEC are seeking public input on derivatives definitions amid a legal dispute with CME Group regarding perpetual futures.
XRP falls 3% after losing $1.15 support as breakout attempt fades
XRP declined 3.4% to $1.15 after failing to break a key descending trendline, signaling continued price compression.
Live markets: Bitcoin has traded below its mining cost for five months, squeezing miners
JPMorgan reports that Bitcoin has traded below mining costs for five months, forcing unprofitable miners to sell holdings and reduce network hashrate.
Bitcoin traders load up on bearish bets all the way down to $52,000
Bitcoin traders are purchasing put options on Deribit, signaling expectations of a potential price decline toward $52,000.
Bitcoin falls below $63,000 as risk assets sell off and the week's bounce fades
Bitcoin dropped below $63,000 amid a broad market sell-off, signaling a potential shift in cycle patterns and dampening near-term altseason expectations.
BlackRock Says Bitcoin is Onboarding Investors Into TradFi
BlackRock's Jay Jacobs notes that Bitcoin ETF investors are increasingly diversifying into traditional financial products, bridging the gap between crypto and TradFi.
Kalshi making early IPO talks with investment banks: report
Prediction market platform Kalshi has reportedly begun early discussions with investment banks regarding a potential initial public offering.
Upbit Listing Announcement Triggers Price Swings Across 9 Altcoins
South Korean exchange Upbit announced the staggered listing of nine altcoins, causing immediate but varied price volatility across the tokens.
Morgan Stanley files amendments for ETH and SOL ETFs, revealing lowest fees in market
Morgan Stanley filed amended S-1 forms for its ETH and SOL ETFs, proposing industry-low 0.14% fees and naming staking service providers.
Celsius’ Mashinsky gets permanent trading ban in CFTC settlement
The CFTC has permanently banned Celsius founder Alex Mashinsky from trading commodities following a settlement over fraud allegations.
Fidelity launches GENIUS-aligned money market fund for stablecoin issuers
Fidelity Investments has introduced a new money market fund tailored for stablecoin issuers to hold reserve assets in compliance with the GENIUS Act.
South Korea’s KOSPI Tops 9,000 but Samsung and SK Hynix Did the Work
The KOSPI index hit a record 9,063.84, driven almost entirely by record gains in Samsung Electronics and SK Hynix due to AI demand.
ETH Trapped Below $1.7K Raises Call For Another “Selling Wave"
Analysts warn of a potential Ether selling wave as exchange inflows rise, futures interest drops, and the price struggles below $1,700.
Saylor Created MicroStrategy’s STRC Stock with AI, and Now It Crashed Below $100
MicroStrategy's STRC preferred stock has fallen below its $100 target, raising concerns about the firm's AI-assisted financial strategy and Bitcoin funding model.
US Agencies Push User ID Requirements for Stablecoin Issuers Akin to Regulated Banks
US regulators proposed that stablecoin issuers implement customer identity verification standards consistent with those required for traditional financial institutions under the Bank Secrecy Act.
Strategy’s preferred stock STRC continues to trade under $90 as trading volume jumps
Strategy’s STRC preferred stock hit a record low and continues trading below $90 amid a significant surge in daily share volume.
Malta Weighs Legal Framework for DAOs and DeFi Projects
The Malta Financial Services Authority has launched a public consultation on creating a regulatory framework for DeFi and DAOs under existing MiCA standards.
CryptoQuant says bitcoin microtransactions now make up 80% of daily transactions
CryptoQuant reports that Bitcoin transactions under 0.01 BTC now comprise 80% of daily activity, driven largely by protocols like Runes and Ordinals.
Custodia and Vantage Propose Dual-Purpose Token for Banks and Stablecoins
Custodia and Vantage Bank have introduced a token that dynamically converts between bank deposits and stablecoins to facilitate blockchain-based financial transactions.
Rockstar Games Confirms GTA 6 Pre-Orders Date and Themed Meme Coins Explode
Rockstar Games announced GTA 6 pre-orders start June 25, sparking a speculative surge in unofficial themed meme coins across crypto markets.
New Texas power grid allocation framework could lift bitcoin miners turned data center operators
Texas regulators approved a batch-processing system for grid connections, benefiting bitcoin mining firms transitioning into AI data center operations.
Is SpaceX the Ultimate Exit Liquidity for Billionaires?
While critics fear SpaceX’s IPO serves as exit liquidity for insiders, strict lock-up schedules and high institutional demand suggest a more controlled market entry.
Ireland’s Government Proposes Crypto Safeguards in Response to Risks
The Irish government is implementing new crypto industry standards by 2027 to combat money laundering, terrorism financing, and corruption risks.
Kalshi Enters Canada Through Wealthsimple Prediction Markets App
Wealthsimple is launching an app in Canada offering Kalshi-powered prediction markets, including financial, economic, and climate-based event contracts.
Sen. Gillibrand’s son is building a perps exchange that wants dual CFTC, SEC oversight: report
Theodore Gillibrand raised $30 million to launch a U.S.-regulated perpetuals exchange seeking joint oversight from the CFTC and SEC.
Bitcoin ETF outflows expose split demand after Warsh’s Fed debut
US spot Bitcoin ETFs saw net outflows on June 17, though individual product performance suggests a split in investor demand following Fed policy updates.
Rep. Steil introduces bill to block lawmakers from placing prediction markets bets on public policy issues
Rep. Bryan Steil has introduced legislation to prohibit lawmakers and their families from wagering on political outcomes within prediction markets.
BlackRock Executive Calls Bitcoin “Too Big to Ignore”, Discusses New Bitcoin Premium Income ETF
BlackRock has launched the BITA ETF, utilizing a covered-call strategy to generate income from Bitcoin's inherent volatility for traditional investors.
Ethereum Foundation leadership exodus continues with director’s departure
Ethereum Foundation co-executive director Hsiao-Wei Wang has stepped down, marking the latest departure in a series of high-level exits from the organization.
BNB Chain’s LAB Token Keeps Exploding in a Parabolic Rally: What’s Next?
The LAB token is experiencing a parabolic rally driven by whale accumulation, though potential token unlocks present significant future risk.
Bitcoin's 'Deep Value' Discount Faces Hawkish Fed Test: Bitwise
Bitwise analysts suggest Bitcoin remains a deep value opportunity, though potential hawkish Federal Reserve policies and liquidity competition remain significant headwinds.
CFTC enters settlement with former Celsius CEO, imposes a permanent trading ban
The CFTC has settled with former Celsius CEO Alexander Mashinsky, securing a permanent trading and registration ban against him.
Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator
Former Celsius CEO Alexander Mashinsky has been permanently banned from all commodities activity by the U.S. CFTC following his fraud conviction.
This Platform is Turning the World Cup Into a Trading and Prediction Experience
Crypto exchanges like Zoomex are integrating sports betting and trading campaigns into the 2026 World Cup to drive user engagement and daily platform activity.
Hyperliquid poised to become more than an exchange and drive HYPE higher, Hyperion CEO says
Hyperion CEO Hyunsu Jung believes Hyperliquid is evolving into a broader blockchain ecosystem, which could further increase the value of the HYPE token.
Hoskinson Has a Plan to Save Cardano, But ADA Holders aren’t Buying It
Charles Hoskinson is proposing governance reforms for Cardano, but market sentiment remains negative as ADA prices hover near five-year lows.
JPMorgan says bitcoin mining economics have ‘worsened’ as BTC trades below production cost
JPMorgan analysts report that Bitcoin mining has become less profitable as current prices fall significantly below the estimated $78,000 production cost.
Jefferies expects IREN’s AI cloud business to outpace data center leasing, sees 30% upside
Jefferies initiated coverage on IREN with a buy rating, projecting its AI cloud business will outperform traditional data center leasing over the long term.
STRC Is Junk Credit in a Bitcoin Costume, and Retail Is Holding $8.8 Billion of It
STRC is a risky, junk-rated financial product marketed to retail investors as a safe way to gain Bitcoin exposure.
Global $2.75B payments deal shows stablecoins moving into the rails they were meant to bypass
Nuvei's $2.75 billion acquisition of Payoneer signals that stablecoins are increasingly being integrated into existing regulated financial infrastructure rather than replacing it.
Ethereum Could be Nearing a Violent Move as Price Drops 6%
Ethereum's suppressed volatility and low derivatives activity suggest a significant price breakout or breakdown is imminent as market conditions consolidate.
HIVE Signs $220M GPU Cloud Contract for Cohere AI Workloads
HIVE Digital Technologies' subsidiary BUZZ HPC has secured a $220 million contract to provide GPU infrastructure for AI startup Cohere.
CME Group Sues CFTC Over Crypto Perpetual Futures
CME Group has filed a lawsuit against the CFTC, challenging the regulatory approval of cryptocurrency perpetual futures contracts.
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule
U.S. regulators have proposed new rules requiring stablecoin issuers to verify customer identities, similar to requirements for traditional banks under the GENIUS Act.
CME Group sues CFTC over perpetual futures in US, accusing the agency of ‘suddenly’ changing course
CME Group is suing the CFTC for allowing perpetual futures trading in the U.S., claiming the agency bypassed regulatory rules to benefit new competitors.
Bitcoin Miners Need $50B for AI Pivot as IREN Faces $21B Funding Gap
Public Bitcoin miners require roughly $50 billion in capital to transition their energy assets into high-demand AI data centers.
Bitcoin Price Falls to $62,000 as Hawkish Fed Shift Raises Risk of Deeper Pullback
Bitcoin dropped to $62,000 as a hawkish Federal Reserve stance and strengthening U.S. dollar dampened market sentiment.
Illinois’ new crypto tax puts users under a burden stocks do not face
Illinois has introduced a 0.2% tax on digital assets, sparking industry backlash over its discriminatory nature compared to traditional financial securities.
Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns
Ethereum Foundation co-executive director Hsiao-Wei Wang has resigned, marking another high-profile departure amidst ongoing leadership and governance scrutiny at the organization.
Bitcoin Builds a Floor Near $60,000, but On-Chain Data Says the Bear Isn’t Over
While Bitcoin is establishing a $60,000 support level, on-chain indicators suggest that the broader market remains in a bearish phase.
Bitcoin miners Bitdeer, CleanSpark and more report mixed May output as AI buildouts impact hashrate growth, treasury models
Major Bitcoin miners like Bitdeer and CleanSpark reported mixed May results as companies increasingly prioritize AI infrastructure buildouts over pure hashrate expansion.
Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules
The Federal Reserve proposed new customer identification rules for stablecoin issuers to enhance anti-money laundering compliance and oversight.
The DAO hack at 10: From $50 million exploit to a $130 million Ethereum security fund
A decade after The DAO hack forced a controversial Ethereum hard fork, recovered funds have been repurposed into a $130 million security endowment.
Ethereum Foundation co-Exec Director and board member Hsiao-Wei Wang steps down
Hsiao-Wei Wang has resigned from her roles as co-executive director and board member at the Ethereum Foundation after a decade of contributions.