$170 Million in Ether Longs Liquidated Amid Crypto Market Decline
The recent liquidation of $170 million in Ether longs has raised concerns about the future of ETH, especially as Bitcoin struggles to maintain its price above $62,000.
The Future of UK Crypto Under Andy Burnham's Leadership
With Keir Starmer's resignation, Andy Burnham's potential influence on the UK crypto landscape could bring renewed optimism, given his past support for blockchain.
Nouriel Roubini Embraces Tokenization with 'Technodollar' Initiative
Renowned economist Nouriel Roubini, often referred to as 'Dr. Doom,' is venturing into the world of tokenization with a new product called 'Technodollar,' backed by a Nasdaq-listed ETF.
Senate Democrats Call for Hearings on Trump Family's Crypto Links to Abu Dhabi Royals
Democratic senators are pressing for congressional hearings regarding the Trump family's cryptocurrency activities and their connections to Abu Dhabi royalty.
Catholic Leaders Raise Concerns Over Crypto Bill's Provisions
A coalition of 82 Catholic leaders has expressed concerns that a provision in the crypto legislation could inadvertently facilitate human trafficking by protecting software developers from prosecution.
CryptoQuant Recommends Halting Bitcoin Purchases to Rebuild Cash Reserves
According to CryptoQuant, Michael Saylor's strategy should prioritize rebuilding cash reserves rather than continuing bitcoin purchases.
Senator Kennedy Addresses Cryptocurrency Concerns in Senate Hearing
During a recent Senate hearing, Louisiana Senator John Kennedy downplayed worries surrounding cryptocurrency, responding to comments made by Digital Chamber CEO Cody Carbone.
Bitcoin Holder Selling Hits 19-Month Low; September May Signal Market Bottom
The spending of long-term Bitcoin holders has reached a 19-month low, with market indicators suggesting that September could mark a new bottom for the cryptocurrency.
Catholic Leaders Raise Concerns Over Clarity Act's Impact on Safeguards Against Illicit Activities
A coalition of nearly 100 Catholic leaders, led by the Alliance to End Human Trafficking, has voiced strong opposition to the Clarity Act, citing potential risks to safeguards against illicit finance and human trafficking.
New York Man Receives 15-Month Sentence for $1.4 Million Crypto Fraud
A New York man has been sentenced to 15 months in prison for defrauding investors out of $1.4 million through fake crypto influencer accounts on Telegram.
Bitcoin Struggles Below $63,000 as ETF Outflows and Options Expiry Loom
As Bitcoin trades below $63,000, analysts are watching the upcoming PCE data as a potential market test amid significant ETF outflows and a $10.6 billion options expiry.
Asset Managers Embrace Tokenized Funds Amid FOMO
With concerns about missing opportunities in tokenized finance, fund issuers are increasingly looking into blockchain-based ETFs.
Cboe Considers Shift to Perpetual Futures for Bitcoin and Ethereum
In light of evolving US regulations and competition from platforms like Coinbase and Kalshi, Cboe is contemplating a significant change to its futures products.
Ethereum Foundation Implements Workforce Reduction Amid Structural Changes
In a significant move, the Ethereum Foundation has reduced its workforce by 20% as it transitions to a new organizational structure comprising five clusters.
Ethereum Foundation Announces 20% Staff Reduction Following Leadership Changes
In a significant move, the Ethereum Foundation has announced a 20% cut to its workforce, coinciding with recent changes in its leadership team.
Thailand Investigates Chinese Network for Alleged $300 Million Crypto Laundering
Thailand's DSI is probing a Chinese network suspected of laundering over $300 million annually through illegal crypto mining and cash mules.
Approaching $10 Billion Bitcoin Options Settlement Signals Potential Volatility
As the $10 billion options settlement approaches on June 23, 2026, Bitcoin's volatility appears to be at a relatively low cost, prompting market watchers to consider the implications.
Crypto Market Faces Decline Amid Nasdaq Tech Selloff
The cryptocurrency market is experiencing a downturn, with Bitcoin dropping 2.5% to $62,300 and ether declining over 4%, as $717 million in liquidations exacerbate losses.
Hut 8 Settles Investor Lawsuit for $2.35 Million Amid Merger Controversy
Hut 8 has agreed to a $2.35 million settlement concerning a lawsuit related to its 2023 merger with U.S. Bitcoin Corp, while denying any wrongdoing.
Bitcoin Faces Pressure as Price Dips Amid Asia Tech Market Decline
As Bitcoin's price falls to an 11-day low, analysts express concerns over potential further declines, coinciding with a significant drop in Asia's tech markets.