Crypto News — page 16

A House Republican introduces a bill to bar lawmakers and their families from policy-related bets on prediction markets, aiming to curb potential insider trading while sparing certain officials from a broader ban

EU-licensed exchanges including Binance, Coinbase and Kraken have removed Tether's USDT for European users ahead of the July 1 MiCA deadline, after Tether declined to seek authorization — handing an edge to compliant rivals like Circle's USDC, though USDT remains the largest stablecoin globally at about $175 billion.

Bitcoin slipped toward $63,000 on Friday, trading on its own with US stock markets closed for Juneteenth, as traders priced in nearly a 40% chance of a July Fed rate hike following Warsh's hawkish meeting — with the US-Iran peace deal and falling oil offering only limited support to the largest cryptocurrency.

Franklin Templeton files for two ETFs that reinvest dividends from U.S. stocks into Bitcoin, creating a dividend-into-crypto vehicle.

Microsoft disclosed a malware campaign that hijacks crypto wallets by exploiting USB drives, intercepting shortcuts, and harvesting clipboard keys to divert transfers

Algorand says it is developing new account and consensus designs aimed at withstanding quantum-computing risks by the end of 2027.

The U.S. Commodity Futures Trading Commission has finalized a ban that bars convicted Celsius founder Alex Mashinsky from trading in CFTC-regulated markets or registering with the agency.

Hsiao-Wei Wang has left the Ethereum Foundation, extending a recent wave of senior departures and renewing questions around governance and the network’s direction.

Bitcoin held near $64,000 after hawkish comments from new Fed Chair Kevin Warsh triggered a wider sell-off in risky assets, while some analysts pointed to $60,000 as a possible floor.

Digital assets weakened after the Federal Reserve held rates but signaled greater concern over inflation, even as Asian equities rose and some currencies steadied on news of a US-Iran peace deal.

French cybersecurity authorities plan to stop certifying products without quantum-resistant encryption from 2027, with broader adoption of the standard targeted for 2030.

Illinois has moved to tax business activity involving digital assets at 0.2% in its state budget, a last-minute change that industry critics say could hit crypto users and firms in the state.

House and Senate leaders have reached a deal on a housing bill that includes a revived provision barring the Federal Reserve from issuing a digital dollar until 2030.

BitGo is seeking to attract European crypto businesses that need to adapt to MiCA rules, offering a regulated infrastructure option as licensing deadlines approach.

Illinois Gov. JB Pritzker signed a budget with a 0.2% tax on crypto transactions, transfers and custody, collected from digital-asset brokers and effective January 2027 — drawing fierce industry opposition that it's the most punitive such tax in the US.

Uniswap surged ~22% on June 17 after Standard Chartered set a $100 long-term target, with HYPE and Solana leading a broad altcoin rally, while bitcoin stalled near $66,000 ahead of the Fed and as oil hit a three-month low.

XRP slipped below $1.23 on June 17 as heavy selling erased its recent breakout, with traders fading a rally to ~$1.28 amid subdued ETF inflows and resistance at the 50-day average — part of a cautious crypto market ahead of the Fed.

Binance said its European regulatory application meets compliance standards after reports said Greek regulators were set to reject the request, warning that delays could affect liquidity.

Ripple has invested in Flutterwave in a deal that values the African fintech at $3.2 billion and will bring RLUSD and the XRP Ledger into cross-border payments across the region.

Solana Company and another Solana treasury firm resisted acquisition offers from Forward Industries, while a third proposal reportedly expired without any response.

Robinhood said it will reduce its workforce by about 10% as the company moves to flatten management layers and keep operations leaner.

BlackRock has introduced a bitcoin ETF aimed at capturing volatility-linked income, but the structure limits how much of bitcoin’s gains investors can keep.

Nvidia’s planned $20 billion debt sale highlights continued demand for AI infrastructure and adds weight to the shift by some Bitcoin miners toward AI data centers.

Strategy expanded its bitcoin holdings with a fresh $100 million purchase, lifting its total stash to 846,842 BTC after funding the move with reserve cash and recent stock sales.

Tom Lee-linked BitMine added more ether after a preferred stock sale, pushing its Ethereum holdings above 5.6 million tokens and more than $10 billion in value.

Bitcoin remained vulnerable after reports that Trump warned the U.S. could resume strikes on Iran if a deal cannot be reached.

Bitcoin traded near recent highs after Trump said an Iran peace deal would be signed Sunday, with traders also watching strong ETF inflows and shifting geopolitical headlines.

Anthropic is facing a government demand to withdraw two AI models, while the company says the issue flagged by officials is already common across the AI industry.

SpaceX’s debut has drawn attention not only for its historic size and trading activity, but also for the company’s bitcoin reserve and what it may signal for corporate crypto holdings.

Reports on SpaceX’s debut showed strong first-day gains for IPO investors while crypto platforms’ tokenized-share promises ran into the practical challenge of securing the underlying stock.