Around 28,000 Bitcoin options contracts will expire on Friday, June 13, and they have a notional value of roughly $3 billion. This event is very similar to last week’s options expiry, so the impact on spot markets is likely to be minimal. They have already tanked by more than 7% over the past 24 hours. […]
David Kinitsky Joins Everstake as CEO to Drive Institutional Growth, Investment and Global Expansion
[PRESS RELEASE – Miami, FL, June 12th, 2025] Everstake, a leading global non-custodial staking provider serving both retail and institutional clients, has announced the appointment of David Kinitsky as Chief Executive Officer. David Kinitsky succeeds Sergii Vasylchuk, who founded Everstake in 2018 and will now transition to the role of its President. This leadership change […]
More than $190 billion has exited crypto markets over the past 12 hours, sending total capitalization tumbling over 7% to $3.36 trillion. The crypto crash followed news reports that Israel had launched a missile attack on Iranian nuclear sites in a pre-emptive strike. Israel has declared a state of emergency, saying the country expected counter-attacks […]
Democratic Senators Elizabeth Warren and Richard Blumenthal issued a letter to Meta CEO Mark Zuckerberg, raising concerns over reports that the tech giant is once again exploring the launch of its own stablecoin. In the letter, the senators warn that Meta’s renewed interest in digital currency, reminiscent of its failed Libra and Diem initiatives, could […]
Christine Kim, former Vice President of Research at Galaxy Digital, has shared her concerns about the new leadership structure at the Ethereum Foundation (EF). She pointed out that key people are now handling too many roles and said the new organizational chart is confusing. Is The EF Leadership Being Overambitious? In a July 11 X […]
With Bitcoin teasing its all-time high over the past couple of days, “retail has gotten bullish,” reported blockchain analytics firm Santiment on June 11. Analysts at the firm reported that there are more than double the number of positive Bitcoin comments versus negative across social media, which is a signal of growing retail interest. This […]
[PRESS RELEASE – New York, United States, June 12th, 2025] BioMatrix to Present Vision for Human-Centric AI Economy at a16z Tech Week’s AI & Finance Conference 2025 BioMatrix, the Web3 project redefining digital identity and universal basic income through biometric verification, took the stage on June 6 at the AI & Finance Conference 2025, hosted […]
Nasdaq has submitted a 19b-4 filing to the US Securities and Exchange Commission (SEC) seeking approval to list the 21Shares SUI ETF. The filing, which is now published in the SEC’s public register, initiates the formal beginning of the regulatory review process and follows 21Shares’ S-1 registration statement, which was filed in April. Bringing SUI […]
Connecticut has made a bold move to distance itself from government cryptocurrency involvement by unanimously passing House Bill 7082, now known as Public Act No. 25-66. This marks the country’s most expansive state-level prohibition on crypto-related government activity. Connecticut Shuts Door on State-Backed Crypto Projects The new law bars all state and municipal bodies from […]
[PRESS RELEASE – Abu Dhabi, UAE, June 11th, 2025] The far-reaching initiative aims to set the foundations for the Machine Economy in the United Arab Emirates (UAE) and will center on advancing regulation and investment frameworks, deploying robots (Physical AI) and physical infrastructure (DePINs), and driving relevant innovation in the region. peaq, the Machine Economy […]