Fidelity Debuts GENIUS Act Aligned Stablecoin Reserve Fund With 0.25% Fee
Key Takeaways Fidelity launched FYMXX on June 15, a fund for stablecoin issuers under the GENIUS Act. FYMXX’s 0.25% fee adds competition as Fidelity targets the $315B stablecoin market. Fidelity joins State Street and Blackrock as reserve demand grows toward…
The Morgan Stanley 0.14% Fee Sets New Floor in Crypto ETF Fee War
Morgan Stanley filed amended S-1 registration statements with the SEC on June 18, 2026, for two planned spot crypto ETFs, a spot Ethereum ETF and a spot Solana ETF, both carrying a 0.14% annual unitary sponsor fee, the lowest in…
Viral Meme Coin SIREN Explodes 150% Daily: Another Rug Pull Incoming?
“The guy behind SIREN should be in jail,” one X user said. The cryptocurrency market has once again been painted red over the past 24 hours, yet the meme coin SIREN has defied the bearish conditions by posting a…
Bitcoin Holds Above $63K as $42.2M in Liquidations Clears Leveraged Bets
Key Takeaways On June 19, bitcoin toggled between $62,300 and $63,300, closing up 1% amid Middle East tensions. Coinglass data showed $42.2 million in total liquidations as Brent crude bounced past $80 a barrel. A Bitunix analyst warned that future…
Charles Schwab challenges Kalshi with new S&P 500 prediction market
Charles Schwab has entered the prediction markets business through a partnership with Cboe Global Markets, introducing new contracts tied to the performance of the S&P 500. Summary Charles Schwab is partnering with Cboe to launch S&P 500 prediction-style options contracts…
BlackRock’s 1,000 BTC Exit Leaves Bitcoin Clinging to $60K Support
In Bitcoin ETF news today, BlackRock offloaded more than 1,000 BTC in a single Thursday session, dragging combined spot Bitcoin ETF net flows to approximately -1,410 BTC on the day, and the timing could not be worse. Bitcoin is heading…
US Department of War Seeks $80 Billion for Iran War as Deficit Fears Boost Bitcoin’s Case
Key Takeaways The U.S. Department of War is seeking $80 billion for the Iran war and non-war bills. The request follows an earlier $200 billion ask and an April estimate that pegged the war’s cost near $25 billion. Rising U.S….
Kalshi Opens Early IPO Talks With Investment Banks as Revenue Surpasses $2 Billion
Prediction markets leader Kalshi has quietly begun engaging investment banks about a potential public listing, a development that could mark a milestone moment for an industry that has grown from a regulatory novelty into one of the most debated financial…
What is a stablecoin? USDC, USDT, RLUSD, and how they hold a dollar
A stablecoin is crypto that is supposed to be worth exactly one dollar, always. That sounds simple, but how a token holds a steady value, and whether it actually can, is one of the most important and misunderstood questions in…
Morgan Stanley Files Amended ETH and SOL ETFs With Market-Low 0.14% Fees and Staking Rewards
Morgan Stanley has taken another step toward launching its spot Ethereum and Solana exchange-traded funds, filing second-amended S-1 registration statements with the U.S. Securities and Exchange Commission on Thursday. The updated filings introduce a detailed fee structure and staking mechanism…
