Year: 2026

Japan’s three megabanks target joint yen stablecoin by March 2027

MUFG Bank, Sumitomo Mitsui Banking Corporation and Mizuho Bank plan to start live transactions with a jointly issued stablecoin during fiscal year 2026. Japan’s fiscal year ends in March 2027. Summary Japan’s three megabanks target live stablecoin transactions within fiscal…

13 Plead Guilty in Mandaluyong Crypto Scam Case, Sentenced to 3 Years in Prison

Thirteen individuals accused of operating a cryptocurrency investment scam in Mandaluyong City have been sentenced to three years in prison after pleading guilty to a lesser offense. The individuals entered their pleas during an arraignment and pre-trial hearing at the…

Crypto

What It Means for Ripple

Data indicates that a significant portion of XRP holders remain under pressure, while transaction demand continues to sit well below previous cycle highs. On-chain analytics firm Glassnode has reported a sharp deterioration in key XRP network metrics, pointing to…

Can SpaceX IPO Deliver? Devere Says Real Test Comes After

Key Takeaways SpaceX’s IPO could reveal whether investors still trust massive private-market valuations. Devere says the hardest test begins after the stock starts trading publicly. Weak results could pressure other high-profile technology valuations tied to AI enthusiasm. SpaceX’s June Debut…

Crypto tax bills draw scrutiny as House hearing opens debate

A House tax package for digital assets has drawn questions from lawmakers during an early committee hearing. The Ways and Means Committee reviewed bills meant to reduce crypto tax filing burdens. Summary House lawmakers reviewed crypto tax bills meant to…

Sahara AI Denies Security Issues as Token Price Drops Over 60%

The team said that investor and treasury allocations have not been touched, sharing on-chain records for community verification. Sahara AI’s SAHARA token crashed by roughly 60% on June 9, triggering over $23 million in liquidations. The incident caused speculation…

XRP Fees Collapse 91.5% as Network Demand Flashes Warning

Key Takeaways Glassnode reported XRP’s 90-day network fee average dropped 91.5%, signaling sharply lower activity. Falling transaction demand suggests network usage has weakened significantly since early 2025. Earlier data showed rising profit-taking and declining holder profitability, adding pressure. XRP’s Fee…

Crypto

Wintermute warns Bitcoin lacks inflows needed to confirm market bottom

Bitcoin’s recent selloff has yet to establish a durable market bottom as institutional demand remains absent and capital continues to leave spot Bitcoin ETFs, according to a new market note from Wintermute. Summary Wintermute says Bitcoin’s recent decline reflects a…

Chris Jericho to Join and Co-Create Official Community Traits for Kokopi Koalas™ NFT Collection

[PRESS RELEASE – Tampa, Florida, June 9th, 2026] Pro wrestling legend, international rock star, multi-time world champion, and lifelong collector Chris Jericho is officially joining Kokopi Koalas ahead of the June 11 mint on LaunchMyNFT: https://launchmynft.io/mint/kokopikoalas Kokopi Koalas, the customizable…

Bitcoin price tumbles after Trump orders military response to Iran

Bitcoin price extended its decline on Tuesday after U.S. President Donald Trump announced a military response against Iran, triggering a broader risk-off move across global markets and adding fresh pressure to an already fragile crypto sector. Summary Bitcoin price fell…