Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms
New Legal Definitions The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has issued a public mandate requiring all virtual asset service providers to formally register with the regulatory body. The June 16 directive solidifies the government’s transition toward an integrated…
Coinbase Launches AI Advisor and Major Platform Expansion
Coinbase has unveiled what may be the most ambitious single-day product announcement in its history. Dubbed the “System Update,” the June 16 release covered every major segment of finance, with Coinbase framing the rollout around three pillars: more assets to…
Binance scrambles for France after Lagarde sinks Greek bid
Binance has been left relying on France as its last realistic route to secure a Markets in Crypto-Assets license after its expected authorization bid in Greece reportedly stalled ahead of the European Union’s June 30 deadline. Summary The Big Whale…
Pump.fun Activity Craters 80% in Three Months, Dragging Solana Fees Lower as Traders Rotate Into Perps
The memecoin boom that once defined Solana’s identity as a high-throughput speculation machine is unraveling in real time, and Pump.fun is bearing the brunt of it. The seven-day average of Pump.fun‘s token graduation rate — the share of newly created…
Crypto Investors Could Lose Key Tax Advantage Under New House Proposal – Bitcoin News
Key Takeaways Proposed legislation would extend wash sale restrictions to many cryptocurrency transactions. Investors could face limits on claiming losses after rapid asset repurchases. Exemptions cover qualified U.S. dollar stablecoins and digital assets acquired through staking, mining, and related validation…
ZKsync Creator Announces Layoffs as It Pivots to Permissioned Privacy Chain
Leadership says the layoffs were driven by changing technical requirements rather than any cost-cutting pressure. Matter Labs is reshuffling its team as the company moves to a permissioned privacy chain called Prividium. The layoffs will include senior engineers, designers,…
Kalshi triggers billion-dollar clash with US gaming industry
Kalshi has fueled a billion-dollar dispute over sports betting regulation as trading activity on its platforms continues to surge. Summary Gaming and tribal groups urged the Senate to block sports-related prediction contracts through the CLARITY Act. The American Gaming Association…
Bitcoin Eyes $70K Breakout as 21Shares Sees Path Toward $100K by Q3
Key Takeaways 21shares sees a potential route to $100,000 if bitcoin clears $70,000. After a Fed-driven pullback, BTC continues defending support around $65,000. Meanwhile, inflation concerns and rate expectations could shape near-term market sentiment. 21Shares Says Bitcoin’s Upside Case Starts…
Trump nears Iran deal but crypto market ignores the news
The crypto market has remained under pressure even as reports have indicated that a U.S.-Iran agreement is moving closer to completion, with the total crypto market capitalization falling nearly 2% to $2.21 trillion. Summary Trump said a U.S.-Iran agreement could…
Trader Garrett Jin Dumps $13.5M in HYPE, Holds $83M BTC and $25M ZEC Longs
Key Takeaways Garrett Jin sold 184,102 HYPE (~$13.55M) at about $73.6 for a $2.83M gain, per Lookonchain. He flipped long on UNI while holding 1,268 BTC (~$83.39M) and 50,013 ZEC (~$25.2M). The rotation came at a time when UNI topped…
