Michael Selig draws line between crypto perps and corn futures
CFTC Chair Michael Selig has defended crypto perpetual futures while stressing they are not suitable for agricultural markets, as regulated crypto perps continue expanding across U.S. venues. Summary Michael Selig said crypto perpetual futures are not a natural fit for…
Crypto News Today (June 23): BTC Crashes Below $63K, Metaplanet Removed From S&P Japan, RWA Market Hits $51Bn
In crypto news today (June 23), Bitcoin has crashed below $63,000, sparking fears that a drop to $60,000 is imminent. ETF flows are dictating current price action once again, with three consecutive red days, and yesterday alone saw $68M BTC…
Bitcoin Holds Key Price Floor Despite Weak Bullish Signals: Bitfinex Alpha
On-chain data shows that neither bulls nor bears are firmly in control and that the market appears to be in limbo, rather than a sustained bearish phase. Over the past week, bitcoin (BTC) has traded between $62,000 and $72,000….
Zcash miner Fortitude grabs Nasdaq route through HeartSciences deal
Zcash miner Fortitude Mining Holdings has secured a path to the public markets through an all-stock merger with HeartSciences, a transaction that will place the crypto mining company on the Nasdaq without a traditional IPO. Summary Fortitude will go public…
Bitcoin News: Digital Dollar Blocked to 2030 While Staking Tax Bill Stalls in Congress
In Bitcoin news today, Congress is simultaneously drawing two boundary lines around US digital money: one blocking the Federal Reserve from issuing a government-controlled digital dollar, and another shaping how miners and stakers pay crypto tax on rewards they earn…
Jaredfromsubway Hacker Ignores 50% Bounty, Routes Funds to Tornado Cash
The attacker moved 2,000 ETH through Tornado Cash and sold 1,422 ETH for $2.4M in DAI, with just 5 ETH left in their wallet. The attacker behind the exploit of Ethereum MEV bot Jaredfromsubway has moved millions of dollars…
Bitcoin price confirms H&S pattern, will it crash below $60K?
Bitcoin price has confirmed a bearish head-and-shoulders breakdown, putting the $60,000 support zone under pressure as traders react to easing Middle East tensions and persistent institutional selling. Summary Bitcoin price has confirmed a bearish head-and-shoulders breakdown, exposing a potential decline…
XRP Ripple ETF Inflows Hit $1.35Bn: Why Hasn’t XRP Price Broken Out?
XRP Ripple is sitting at $1.10, down -3% today. Seven consecutive weeks of net inflows into spot ETFs have pushed cumulative institutional demand to $1.35Bn, yet the price has not broken out. That gap between sustained buying and sideways price…
Ethereum Foundation lays off 20% of workforce in major restructuring
Ethereum Foundation has cut roughly 20% of its workforce, eliminating 54 positions as part of a sweeping organizational overhaul tied to its long-term development strategy. Summary Ethereum Foundation has cut 54 jobs, reducing its workforce by roughly 20% as part…
Ripple Joins 210 MiCA-Compliant Firms Days Before EU Hard Deadline
In XRP news today, Ripple has received a preliminary ‘Green Light Letter’ for its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), the country’s financial regulator, under the EU’s Markets in Crypto Assets…
