Monday, June 29

Crypto

Florida Revives Bitcoin Crypto Reserve Bill After Earlier Pushback

Florida lawmakers are advancing a proposal that would allow the state to create a strategic cryptocurrency reserve, narrowing earlier efforts to a framework that would effectively limit holdings to bitcoin.According to Florida’s legislative records, Senate Bill (SB) 1038, sponsored by…

BitMine Buys 5M ETH to Start 2026, Holds 5M Cash

BitMine Immersion Technologies, the largest known corporate holder of ether, resumed purchases of the cryptocurrency in the new year, signaling continued confidence in Ethereum even as some analysts expect near-term price weakness.BitMine bought $105 million worth of Ether (ETH) in…

Bitcoin Targets Futures Gaps as it Dips Under ,000

Bitcoin filled one of two new futures gaps with a trip below $90,000 as analysis predicted a potential bottom level for the next BTC price cycle.Bitcoin (BTC) dipped below $90,000 Thursday as market participants see a classic short-term target coming…

CZ-Backed YZi Labs Clashes with CEA Industries Over Poison Pill

Changpeng “CZ” Zhao-backed YZi Labs has escalated its campaign against CEA Industries over a newly adopted poison pill (a defensive tactic a company’s board uses to make a hostile takeover extremely difficult or expensive), and bylaw amendments that it claims…

India Flags Crypto Risks For Tax Enforcement

Financial authorities in India have reiterated concerns over cryptocurrency transactions, warning they may complicate tax enforcement.India’s Income Tax Department (ITD), under the Central Board of Direct Taxes (CBDT), flagged major risks linked to crypto activity during a parliamentary standing committee…

Anthropic Raising B at 0B Valuation in AI Funding Boom

Anthropic, the company behind the popular artificial intelligence chatbot Claude, is reportedly raising $10 billion and aiming for a valuation of $350 billion.Singapore’s sovereign-wealth fund, GIC, and Coatue Management plan to lead the new round of financing, The Wall Street…

Zcash Developers Plan New Firm After Split From Bootstrap

The entire Electric Coin Company team behind privacy-focused cryptocurrency Zcash has split from Bootstrap, the nonprofit created to support the token, and plans to create a new company, according to CEO Josh Swihart.“Over the past few weeks, it’s become clear…

Morgan Stanley Bitcoin ETF Will Build Firm’s Clout: Exec

US investment bank Morgan Stanley may be positioning itself so that even if its newly announced spot Bitcoin exchange-traded fund (ETF) underperforms, it will still deliver strategic benefits across the firm, according to ProCap chief investment officer Jeff Park.“Morgan Stanley…

Memecoin Social Buzz Could Signal Renewed Risk Appetite

Social media buzz around memecoins has jumped since the start of the year, matching the rise in market capitalization, which analysts say could mean risk appetite has returned to crypto.Several memecoins have recently posted strong gains, and a speculative rally…

3 Checkpoints for Crypto to Reach New Highs in 2026: Bitwise

Crypto markets need to pass three so-called checkpoints in order to reach new peaks in 2026, which include the US Senate passing a highly-awaited crypto bill, says Bitwise chief investment officer Matt Hougan.“Crypto is off to a good start in…

Fireblocks Acquires Crypto Accounting Platform TRES For 0M

Digital asset infrastructure company Fireblocks has spent $130 million to acquire crypto accounting platform TRES, tapping the company for its tax compliance infrastructure to support institutions. Fireblocks said on Wednesday that with stablecoin settlements exceeding “hundreds of billions monthly” and enterprises…

GENIUS Act Suggested Changes Outrage Crypto Executives

The bank lobby’s requested changes to the stablecoin-regulating GENIUS Act could undermine competition and weaken the US dollar’s global position, crypto executives and industry groups have claimed. Crypto advocacy group the Blockchain Association said on Tuesday that a bid to lawmakers…

Trump’s World Liberty Financial Seeks Bank Charter for USD1

The Trump family’s crypto platform, World Liberty Financial, has filed for a national trust banking charter to accelerate the institutional adoption of its USD1 stablecoin.World Liberty said on Wednesday that its subsidiary WLTC Holdings filed with the Office of the…

Gate.io Adds AI Market Analysis Tool as Exchanges Embrace AI

Cryptocurrency exchange Gate has added an AI-powered market analysis tool, called GateAI, to its trading app, offering automated summaries and explanations of market data.GateAI is available in version 8.2.0 and above of the Gate app and can be accessed across…

Crypto Reps to Fly into DC this Week to Address Market Structure Bill

With a markup event on legislation to address digital asset market structure scheduled for next week, representatives from cryptocurrency companies are expected to fly into Washington, D.C., and some will engage with lawmakers on the bill.Speaking with Cointelegraph on Tuesday,…

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