Ripple’s XRP Falls Below Critical Support, Bitcoin (BTC) Drops After FOMC: Market Watch
DEXE and UNI have dumped the most today, both dropping by double digits. The FOMC meeting and the subsequent Kevin Warsh press conference brought some volatility to the crypto market, with BTC sliding by over two grand from top…
Binance users boost BTC, ETH holdings in latest PoR report
Binance has released its 43rd proof of reserves report, using a June 1 snapshot of user asset balances. Summary Binance users added 25,838 BTC in May, lifting reported holdings to about 630,000 BTC total. ETH balances rose faster than BTC,…
HyperFund promoter Bitcoin Rodney admits role in $1.8B crypto fraud
A Florida man has pleaded guilty to operating an unlicensed money-transmitting business tied to HyperFund, a crypto investment scheme that U.S. authorities have described as a fraud that collected roughly $1.8 billion from investors. Summary Rodney “Bitcoin Rodney” Burton has…
Bitcoin drops toward $64K after hawkish Fed sparks liquidation cascade
Bitcoin has fallen back toward $64,000 after a hawkish Federal Reserve outlook erased a relief rally driven by easing Middle East tensions, with traders now debating whether support near $64,000 can prevent a deeper retracement toward June lows. Summary Bitcoin…
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…
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…
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…
ASTER jumps 20% after Aster ties nearly all platform fees to token buybacks
ASTER has surged more than 20% after Aster unveiled a new tokenomics framework that commits almost all platform fee revenue to daily token buybacks and large-scale supply reductions. Summary ASTER surged over 20% after Aster committed 99% of platform fees…
BTC Price Drops as New Fed Chair Kevin Warsh Holds Rates Steady
The decision was highly anticipated but there are still some fears about potential hikes by the end of the year. The first FOMC meeting with the new Federal Reserve Chair, Kevin Warsh, at the helm of the central bank…
