A US Bankruptcy Court has ruled that Celsius Network may proceed with several claims in its lawsuit against stablecoin issuer Tether, according to a June 30 order from Judge Martin Glenn. According to the filing, the court allowed Celsius to pursue allegations that Tether violated US bankruptcy laws by receiving preferential transfers and unjustly liquidating […]
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Strategy (formerly MicroStrategy), the largest public holder of Bitcoin, is again making headlines—this time for potentially qualifying for inclusion in the prestigious S&P 500 index. On July 1, Jeff Walton, founder of MSTR True North, revealed that the company will likely report an $11 billion net income for the just-concluded second quarter of the year. […]
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Crypto investment products recorded $2.7 billion in net inflows last week, according to CoinShares’ latest report. This marks the eleventh consecutive week of positive flows, bringing the streak of inflows to $16.9 billion and helping push the year-to-date total to $17.8 billion. The sustained inflows helped push total assets under management for crypto investment products above $184 […]
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The US Federal Housing Finance Agency (FHFA) is exploring whether digital asset holdings like Bitcoin should be considered in mortgage application processes. FHFA Director Bill Pulte announced the initiative on July 24 via X, noting that the agency is beginning a review process to determine how crypto might be used in home loan evaluations. According […]
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An unexpected peace in the Middle East created waves in the crypto market on 24th June, 2025. Iran and Israel agreed to cease hostilities, and US President Donald Trump termed it a “Complete and Total CEASEFIRE.” Related Reading: Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak The traders had waited days with their hearts in their mouths as missiles soared and oil anxiety mounted. Then peace talks took hold, and digital-asset markets responded almost as quickly as the news broke. ????BREAKING: TRUMP ANNOUNCES CEASEFIRE BETWEEN IRAN AND ISRAEL. BULLISH FOR MARKETS! ???? pic.twitter.com/M9PZM9UsB8 — Crypto Rover (@rovercrc) June 24, 2025 Bitcoin Breaks Through Key Level According to reports, Bitcoin leapt more than 5% within minutes of the ceasefire announcement. It shot past $106,000 before settling just above $105,000. That’s a sharp rebound after prices dipped below $99,000 at the height of the conflict. Investors who had been on the sidelines scrambled back in, driving trading volumes higher on exchanges worldwide. Ethereum And Altcoins Move Up Based on data from market trackers, Ethereum climbed over $2,400 in the hours following the news. A handful of smaller tokens also had a big day. Sei jumped 32%, while Dogwifhat surged 20%. Aptos wasn’t far behind, gaining about 10%. When the top coins gain traction, it often pushes smaller projects higher too, and today was no exception. IRAN CONFIRMS CEASEFIRE AGREEMENT WITH ISRAEL Iran has officially confirmed it has agreed to a ceasefire with Israel, signaling a critical de-escalation in one of the world’s most volatile conflicts. Markets may react swiftly to the easing geopolitical risk. https://t.co/1HKhmbqEGr pic.twitter.com/868bWekGte — Crypto Town Hall (@Crypto_TownHall) June 24, 2025 Market Cap Rebounds Rapidly The global cryptocurrency market cap reached $3.21 trillion, with a 4.40% increase in one session. Prior to the ceasefire, investors moved money into gold and the US dollar in case oil supplies were impaired. “CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now, when Israel and Iran have wound down and completed their in progress, final missions!), for 12 hours, at… pic.twitter.com/Tdj8bPUd0w — U.S. State Dept – Near Eastern Affairs (@StateDept_NEA) June 23, 2025 As reports of peace circulated, those same investors funneled cash back into digital assets and equities. You could almost feel the relief in the tickers flashing green across trading screens. Experts Cautious On Future Edul Patel, CEO of Mudrex, told reporters that the market had picked up “bullish momentum” after the ceasefire. He noted that some altcoins rallied as much as 13% in one day. Market analysts pointed out how traders “bought the dip” when Bitcoin briefly tumbled under $99,000, helping it finish the day near $105,000. Related Reading: Stablecoin Wars Ignite: Peter Schiff Champions Gold-Backed Digital Assets Even so, they warn the calm may not be for long. A flare-up in the region or hints of a rate hike from the US Federal Reserve could send prices swinging again. Traders are celebrating today’s gains, but there’s a sense of caution in chat rooms and trading floors. Peace is welcome, but stability in crypto often depends on more than a single announcement. For now, though, the market is riding high—and investors are hoping that this ceasefire really does stick. Featured image from Imagen, chart from TradingView
The $1.53 billion 3AC’s liquidators say the defunct hedge fund is owed is a steep increase from their initial claim for $120 million.
The crypto exchange OKX is reportedly considering an initial US public offering (IPO) as the wave of crypto firms entering public markets gains momentum. Although the exchange has not officially confirmed these plans, Chief Marketing Officer Haider Rafique hinted at the possibility during a conversation with The Information, suggesting an IPO could be on the […]
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Friday's core PCE release is likely to show price pressures easing, but there is a fix.
Bitwise CEO Hunter Horsley believes the actual competition for Bitcoin isn’t gold, but government-backed bonds like US Treasuries and UK gilts. In a June 20 post on X, Horsley argued that gold and Bitcoin are apolitical stores of value that operate outside direct government control. However, he said Bitcoin’s actual competition lies with instruments tightly […]
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China’s top three Bitcoin mining rig manufacturers, Bitmain, Canaan, and MicroBT, are reportedly shifting parts of their production to the United States, Reuters reported on June 18. The move comes as a response to intensifying trade tensions triggered by President Donald Trump’s renewed tariff policies. These tariffs, aimed at reducing US reliance on foreign technology, […]
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Odds of U.S. military strike against Iran before July slide.
The new venture will buy and hold TRX, like bitcoin holding firm Strategy.
The BidenCash marketplace was used to buy and sell stolen credit cards as well as related personal information.
US law enforcement agencies seized 145 domains and crypto linked to BidenCash, a darknet marketplace known for selling stolen credit card data, and personal information, according to a June 4 statement. The takedown followed a court-approved investigation that targeted the platform’s infrastructure. The seized domains now redirect users to a server controlled by the authorities, […]
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Tesla CEO calls Trump’s spending package the ‘Debt Slavery Bill’.
US-listed spot Bitcoin exchange-traded funds (ETFs) have entered a third consecutive day of outflows, shedding more than $1 billion. This trend reflects a shift in institutional sentiment as Bitcoin’s price continues to hover around the $105,000 mark without a clear breakout. US Bitcoin ETFs outflow Data from SoSoValue shows that the 12 US-listed spot Bitcoin […]
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The developers claim Samourai Wallet never handled user funds and should not be considered a financial institution.
Russia’s central bank has announced plans to allow financial institutions to offer crypto-linked investment products to qualified investors, according to a May 28 statement. The Bank of Russia explained that it will allow instruments such as derivatives, tokenized securities, and other digital financial products that reflect crypto price movements. However, these offerings must be non-deliverable, […]
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Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging […]
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The US Senate has moved the GENIUS Act one step closer to becoming law, following a 66–32 cloture vote on May 19. The vote signals rare bipartisan support, with over a dozen Democrats joining Republicans to move the bill forward after weeks of negotiation. Notably, its approval sends the proposed stablecoin legislation to the House […]
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BTC nears golden cross, as Moody's downgrade validates bond markets' concerns about the sustainability of the U.S. fiscal debt.
The stable token is expected to fully launch by July.
An announcement on plans to list in New York is expected soon, executive chairman Yat Siu said in an interview.
Institutional appetite for digital assets is gaining momentum, with crypto investment products recording $882 million in inflows last week. According to new data from CoinShares, this marks the fourth straight week of positive flows. In 2025, digital asset investments have seen total inflows of $6.7 billion, which is rapidly approaching the $7.3 billion high set […]
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Ripple CEO Brad Garlinghouse has called on US lawmakers to accelerate efforts to establish a clear regulatory framework for stablecoins. In a May 9 statement shared on social media platform X (formerly Twitter), he emphasized the growing global adoption of stablecoins and warned that the US risks losing its competitive edge without urgent action. Garlinghouse […]
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Bitcoin approached the $100,000 threshold on Wednesday after teasing a big international trade deal by US President Donald Trump. The agreement, as reported by The New York Times, will be with the United Kingdom and is to be formally announced at the White House on Thursday. Related Reading: XRP At $2.20? Analyst Insists It’s Not Too Late To Get In The cryptocurrency was at $99,200 as of publication, having risen from $97,100 when Trump initially posted about the deal on his Truth Social page. The post, published on May 7, stated that a “big trade deal” with a “highly respected” nation would be announced on May 8. Sources familiar with the situation indicated to The New York Times that the deal is with the UK. Speculation Linked To Bitcoin’s Rise Some Bitcoin observers think the trade deal has helped drive prices higher. FOMO21 co-founder Neil Jacobs wrote on X that Trump’s message was probably the main reason Bitcoin began rising. ????BITCOIN PUMPING, WHY??? TRUMP: BIG NEWS CONFERENCE TOMORROW 10AM EST IN OVAL, MAJOR TRADE DEAL WITH A BIG & HIGHLY RESPECTED COUNTRY pic.twitter.com/QjHM95kXrE — Neil Jacobs (@NeilJacobs) May 8, 2025 Bitcoin reached its latest high of $109,000 on January 20. That was only hours after Trump was inaugurated for his second term. Now, traders are holding their breath to see if this new wave of optimism will propel the coin to new highs. Market Sentiment Turns Greedy The mood in the crypto market has changed. According to statistics from the Crypto & Fear Index, the sentiment is now “Greed” with a reading of 65. That indicates that most investors are optimistic and ready to take higher risks. Source: Alernative.me Meanwhile, Bitcoin’s recent 3% increase has caused approximately $96 million worth of short positions to be liquidated, as reported by CoinGlass. Short liquidations occur when bettors against Bitcoin are compelled to close their wagers because of price increases. Rates Remain Flat As Trump Resists Trump’s tweet saw print just a few hours after the US Federal Reserve chose to maintain interest rates as they were. The prevailing rate range is between 4.25% and 4.50%. Trump had been pushing the Fed to reduce rates, but the central bank made no move. As the Fed held firm, Bitcoin continued rising. That might be an indicator that investors are giving more credibility to trade reports and international politics than central bank policy—at least in the meantime. Related Reading: Bitcoin Mining Giant Abandons Full-Hold Strategy, Unloads $40M In Crypto BTC Action Tracks Tariff Tensions All the way back on February 1, Bitcoin topped $100,000 following Trump’s statement of new import tariffs on nations such as China, Canada, and Mexico. That was the last time that BTC was above six figures. Meanwhile, Bitcoin’s trajectory is still uncertain. But as political news gets hotter, investors are keeping close tabs of the news—and paying attention to the chart. Featured image from Gemini Imagen, chart from TradingView
Delayed rate cuts could be more aggressive when they happen, the investment bank said.
Changpeng Zhao, the founder of Binance, has confirmed that his legal team has submitted a formal request for a presidential pardon from the US government. In a May 5 podcast interview with Farokh Sarmad of Rug Radio, Zhao stated that the decision followed increased media speculation about his potential pursuit of clemency. According to him: […]
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Ripple has pledged $25 million in its RLUSD stablecoin to support US education through nonprofit organizations DonorsChoose and Teach For America. The contribution, revealed on May 5, aims to support teachers, fund classroom projects, and expand access to essential academic resources for underserved communities across the United States. This initiative comes at a time when […]
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The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed banning Cambodia’s Huione Group from accessing the American financial system, according to a May 1 statement. If approved, the proposed rule would prohibit US financial institutions from opening or maintaining accounts for Huione Group or any of its subsidiaries. US authorities identified Huione Group as […]
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