Saturday, June 27

Crypto

Coinbase Launches Prediction Markets in all 50 US States via Kalshi

More than a month after announcing plans to move deeper into prediction markets, Coinbase said it would launch its offering for ”sports, politics, culture and more.”Cryptocurrency exchange Coinbase announced the rollout of prediction markets offering in all 50 US states…

Crypto PAC Reports 3M after Donations from Ripple, Coinbase, a16z

Crypto-backed political action committees (PACs) are gearing up for the 2026 US midterm elections, with industry-funded groups signaling plans to expand their influence as debates over digital asset regulation intensify on Capitol Hill.Fairshake, the cryptocurrency industry-backed PAC, disclosed on Wednesday…

US CFTC Leadership to be Addressed at Market Structure Bill Markup

US lawmakers are expected to return to Capitol Hill on Wednesday after inclement weather delayed committee meetings and votes, with attention turning to how senators will handle proposed amendments to a long-awaited crypto market structure bill.On Thursday, senators on the…

Bitcoin Rethinks a ,000 Breakout Despite a US Dollar Nosedive

Bitcoin (BTC) attempted a rebound past $90,000 at Wednesday’s Wall Street open as markets awaited US macro cues.Key points:Bitcoin struggles to hold a $90,000 uptick as gold surges and US dollar strength crumbles.The Federal Reserve interest-rate decision sees flat moves…

Fidelity to Launch Stablecoin Through National Trust Bank

Fidelity Investments plans to launch a new stablecoin next month, marking a logical next step for the asset manager as it expands its digital-asset infrastructure following conditional approval for a national trust bank from the Office of the Comptroller of…

How High Can HYPE’s Price Go After 58% Gains in 72 Hours?

Hyperliquid’s native token, HYPE (HYPE), is up 23% over the last 24 hours to trade at $33, significantly outperforming other top-cap cryptocurrencies. The altcoin has gained 58% over the last three days to an eight-week high of $34.5 as commodities…

Top Bitcoin Mining Stocks Soar Over US Winter Storm Hashrate Decline

Bitcoin mining stocks saw a significant bump on Wednesday after the US winter storm forced some companies to wind down operations, leading to lower block competition and more profitable mining operations.Shares of several major mining companies posted double-digit gains over…

Speculative Capital Flows To Robotics, AI, From Crypto: Delphi Digital

Speculative capital is increasingly flowing out of cryptocurrency markets and into other emerging technologies such as artificial intelligence and robotics, according to research company Delphi Digital.Last year’s underperformance of most altcoin sectors shows that crypto is no longer the “default…

Gold at ,300 Splits Strategies at Tether and Coinbase

As gold prices surged to $5,300 this week, Tether and Coinbase — the two companies behind the world’s largest US dollar stablecoins — are taking different approaches to gaining exposure to the precious metal. Spot gold climbed above $5,300 per…

Bitcoin ETFs Hit a ‘Pivot’ Amid Reports of New Buyer Surge

Bitcoin ETF investors contend with price dropping to their aggregate entry level, but a crypto executive claimed that new institutions were lining up.Bitcoin (BTC) institutional investors face a test of “conviction” as exchange-traded fund (ETF) holdings tumble by $6 billion.Key…

UK Bans Coinbase Ads For Trivializing Crypto Risks: Report

The UK’s advertising watchdog has reportedly banned a series of Coinbase advertisements claiming they presented the crypto exchange as a solution to cost-of-living concerns while making light of the risks of investing in crypto.The UK Advertising Standards Authority said the…

OKX Launches Crypto Card In Europe For Stablecoin Payments

Cryptocurrency exchange OKX is rolling out a payment card in Europe, allowing users to spend stablecoins at merchants accepting Mastercard.The OKX Card is issued through the company’s Electronic Money Institution (EMI) partner, Monavate, OKX said Wednesday in an announcement shared…

Fed Money Printing For Japan Good For Bitcoin: Arthur Hayes

Bitcoin could break out of its “sideways funk” if the United States central bank attempts to support a failing Japanese bond market by printing money, according to BitMEX founder Arthur Hayes.Hayes proposed a theory on Wednesday about how the Federal…

Crypto Laundering On Centralized Exchanges Declines: Report

The use of centralized crypto exchanges for laundering illicit funds is on the decline, with Chinese-language money laundering networks now being used more than ever, according to Chainalysis.Chainalysis said in a report on Tuesday that informal service-based networks offered through…

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