Latest Crypto Industry News and Insights
Polymarket Faces Backlash Over $350K Influencer Campaign Without Clear Disclosure
Polymarket is facing backlash after reports it spent more than $350,000 paying influencers to promote its betting odds on X without clearly disclosing the sponsorship. In a sector that already has a trust problem the size of a whale wallet, that kind of sleight of hand is exactly the sort of nonsense that keeps crypto […]
Read MoreVariational Raises $50M to Build RFQ Crypto Perps and RWA Trading Platform
Variational has raised $50 million in a Series A led by Dragonfly, with backing from Bain Capital Crypto and Coinbase Ventures, to push a simple but potent idea: crypto trading needs better execution, not more circus acts. $50 million Series A led by Dragonfly Bain Capital Crypto and Coinbase Ventures joined the round Omni uses […]
Read MoreFeds Bust Alleged ISIS Crypto Plot Involving Drones, RPGs and $2,000 Transfers
Federal authorities say they disrupted an alleged ISIS crypto scheme before it could turn into real-world violence, arresting three U.S. citizens accused of coordinating extremist support, online threats, and more than $2,000 in crypto and cash transfers. Three arrests in Kansas and California Material support to ISIS charges filed by federal prosecutors More than $2,000 […]
Read MoreGreece Proposes 15% Crypto Capital Gains Tax as Europe Tightens the Squeeze
Greece is moving to impose a 15% crypto capital gains tax, a clear sign that digital assets are no longer being treated like some untouchable gray-market sideshow. 15% crypto capital gains tax proposed First €500 in gains would be tax-free Individual mining excluded, company mining taxed Enforcement remains the real problem Europe’s crypto tax squeeze […]
Read MoreGreece Proposes 15% Crypto Capital Gains Tax With €500 Exemption
Greece is moving to tax cryptocurrency profits with a proposed 15% flat capital gains tax, a sign that digital assets are being pulled into the country’s formal tax system rather than left in the regulatory weeds. 15% flat tax on crypto capital gains €500 exemption for small gains Individual miners excluded Corporate mining operations taxed […]
Read MoreIllinois Pauses Data Center Tax Breaks, Raising Costs for Bitcoin Miners
Illinois is hitting the brakes on a tax perk that has helped data centers and crypto miners keep costs down, and the timing could make bitcoin mining in the state a lot less attractive starting July 1. Tax break pause: Illinois is suspending data center tax incentives starting July 1. Higher costs: Bitcoin miners could […]
Read MoreUS House Unveils 7 Crypto Tax Draft Bills Targeting Mining, Staking and Stablecoins
The House Ways and Means Committee has released seven crypto tax draft bills that could finally drag US crypto taxes out of the fog and into something resembling a workable framework. Seven crypto tax drafts are now on the table Mining, staking, stablecoins, and wash sales are all in play Jason Smith is pushing digital […]
Read MoreSouth Korea Softens Crypto Reporting Crackdown After Exchange Backlash
South Korea is easing a proposed crypto reporting crackdown after heavy pushback from exchanges, shifting toward a more risk-based approach for overseas transfers while keeping anti-money-laundering pressure firmly in place. FIU softens automatic suspicious-reporting rule 10 million won threshold no longer triggers blanket flags Travel rule expansion below 1 million won stays in place DAXA […]
Read MoreBitcoin Slides Below $60K as Spot ETF Outflows Hit $325M, IBIT Leads Redemptions
Bitcoin’s latest drop is a blunt reminder that institutional demand can disappear just as fast as it arrives. On June 5, U.S. spot Bitcoin ETFs swung back into heavy outflows, BlackRock’s IBIT leads Bitcoin ETFs back into outflows as BTC price slides, and BTC slipped below the crucial $60,000 support level before bouncing modestly. $325.69 […]
Read MoreEthereum Exchange Reserves Fall as ETH Price Stays Below $1,700
Ethereum’s exchange reserves keep falling, but ETH is still stuck under $1,700 — a clean reminder that shrinking supply means squat if buyers are nowhere to be found. ETH trading around $1,675–$1,700 Exchange reserves still declining $1,800–$1,900 flipped from support to resistance Price below 50-day, 100-day, and 200-day moving averages Bulls need a fast reclaim […]
Read MoreSouth Korea Ballot Shortage Reignites Debate Over Blockchain Voting and Election Integrity
South Korea got a brutal reminder that democracy can be tripped up by something as stupid as a paper ballot shortage. The June 3 local election disruption sparked apologies, legal action, and a fresh debate over whether blockchain voting could improve election integrity without turning the whole process into a shiny, overhyped mess. Ballot shortage […]
Read MoreFed Inflation Debate Boosts Bitcoin’s Fixed-Supply Case as Trimmed Mean PCE Gains Attention
Washington’s inflation fight is no longer just about when the Federal Reserve cuts rates. It’s about what the Fed chooses to call inflation in the first place, and that debate is dragging Bitcoin’s fixed-supply pitch back into the spotlight. Fed focus shifts from timing cuts to defining inflation Trimmed mean PCE can smooth noise, but […]
Read MoreGold Rally to $4,800 Could Trigger the Next Altcoin Season, Analysts Say
Forget the usual crypto signals for a moment: the next altcoin season may be telegraphed less by Bitcoin dominance or ETF flows, and more by gold. If the precious metal keeps running toward the $4,800 zone and then rolls over, that could help trigger the kind of risk rotation, panic, and capitulation that often clears […]
Read MoreEthereum Price Drops to $1,670 as On-Chain Data Hints at Accumulation, Not Capitulation
Ethereum is getting pounded on the chart, but the on-chain data says this is not a full-blown breakdown yet. The bigger problem for bulls is that a real recovery probably won’t start until stronger U.S. spot demand shows up. ETH price breakdown: trading around $1,670, down more than 16% in a week Key supports lost: […]
Read MoreCoinbase and Better Launch Bitcoin-Backed Mortgage with Fannie Mae Support
Better Mortgage and Coinbase have launched a Bitcoin-backed mortgage product that lets borrowers use BTC and USDC as collateral instead of selling their crypto to raise cash for a home purchase. BTC and USDC collateral for a home loan Fannie Mae backing gives it a conventional structure First loan funded in Ann Arbor, Michigan Nationwide […]
Read MoreKraken Opens Tokenized SpaceX IPO Access via xStocks Platform
Kraken is taking a direct shot at Wall Street’s old gatekeeping machine, opening tokenized access to SpaceX’s upcoming IPO through its xStocks platform. xStocks IPO Access now includes SpaceX Eligible retail users in more than 110 markets can apply SPCXx represents SpaceX equity and is described as 1:1 backed U.S., Canada, Australia, and the U.K. […]
Read MoreBitcoin Crashes Below $60K as Oversold Signals Clash With Panic Selling
Bitcoin price crash panic is back in full force after BTC briefly slipped below $60,000, triggering a fresh wave of “crypto is dead” sentiment just as some technical indicators start screaming oversold. BTC fell 18% in a week Crypto sentiment hit its most bearish level since mid-February RSI extremes and the 200-week moving average are […]
Read MoreIBIT Options vs CME Futures: Bitcoin Carry Spreads Expose Regulated Market Friction
Bitcoin may be the same asset whether it trades on Coinbase, CME, or BlackRock’s IBIT, but the market plumbing behind each venue is very different. That gap is exactly where Bitcoin carry spreads, funding frictions, and a lot of regulated-market weirdness show up. IBIT options and CME Bitcoin futures can price BTC differently Carry spreads […]
Read MoreModern Treasury Adds USDC on Base for Faster Stablecoin Payments
Modern Treasury just made a practical move that matters: it added USDC on Base, aiming to connect stablecoin payments with the traditional banking rails that still move most of the world’s money. Translation: less crypto theater, more financial plumbing. USDC on Base added Stablecoin payments meet banking rails Built for business use, not just trading […]
Read MoreHyperliquid Faces FCA Scrutiny as Wall Street Eyes Crypto Perpetual Futures
Hyperliquid is under fresh scrutiny from the UK’s Financial Conduct Authority just as major financial firms begin studying decentralized perpetual futures as a business model worth copying. FCA warning: Hyperliquid and Hyper Foundation may be offering services in the UK without authorization. Wall Street is watching: ICE says it is studying Hyperliquid’s model. Perps are […]
Read MoreHyperliquid Faces Regulatory Pressure Over Crypto Perps: 5 Paths Forward
Hyperliquid, one of crypto’s most active decentralized perpetual futures venues, is now running into the part of the job nobody wants: regulators taking a very close look at how the whole thing is built. Five possible paths could shape Hyperliquid’s future US and UK regulators are tightening scrutiny on crypto perps Product, token, and collateral […]
Read MoreCrypto-Friendly Fed Chair Kevin Warsh Faces Bitcoin Test as Inflation Stays Sticky
Kevin Warsh has landed at the top of the Federal Reserve, and Bitcoin traders now have something unusual to parse: a Fed chair who actually understands crypto. That does not mean the market should start printing moon-boy confetti. Warsh may be friendly to Bitcoin in principle, but his hardline view on inflation and interest rates […]
Read MoreUS Crypto Tax Reform Advances as 7 Draft Bills Target Stablecoins, Mining and Staking
US crypto tax reform is finally getting real attention in Congress, with seven draft bills now circulating through the House Ways and Means Committee. If lawmakers can get their act together, the changes could make stablecoins easier to use, fix the notorious “phantom income” problem for miners and stakers, and bring some long-overdue clarity to […]
Read MoreMorgan Stanley Expands Crypto Access Through Galaxy Digital, Lowering Minimums to $5M
Morgan Stanley is pushing deeper into crypto through a new Galaxy Digital partnership that lets eligible wealth-management clients turn holdings like Bitcoin, Ether, and Solana into spot crypto investment products without first selling the underlying assets. Wall Street is still doing what Wall Street does best: finding a way to monetize the revolution while keeping […]
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