Over 160 former national security, intelligence, and law enforcement officials are pushing the U.S. Senate to advance the CLARITY Act, arguing that it would strengthen efforts to combat illicit finance in the crypto space. The appeal was made in a letter addressed to Senate Majority Leader John Thune and Democratic Leader Chuck Schumer and was […]
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Nobitex, Iran’s largest digital asset exchange, along with three other Iranian crypto exchanges. The move is part of the Donald Trump administration’s Economic Fury campaign aimed at increasing economic pressure on Tehran. The Treasury’s sanctions apply to Nobitex, Wallex, Bitpin, and […]
Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are increasingly becoming a contrarian investment. In his latest memo, Hougan flagged three factors influencing the market, beginning with crypto’s struggle to attract investor enthusiasm as prices remain under pressure and momentum fades. […]
Crypto markets have dumped 4.9% or a whopping $140 billion over the past 24 hours, sending total capitalization to $2.37 trillion, its lowest level since early April. Over the past 24 hours, 265,000 traders were wrecked, and the total liquidations were a whopping $1.63 billion, according to Coinglass. Around 89% of those were long positions, […]
[PRESS RELEASE – Cayman Islands, British Overseas Territories, June 3rd, 2026] Gate has announced a strategic partnership with Alpaca to expand access to real stock trading for eligible users. The collaboration marks another milestone in Gate’s ongoing effort to bridge digital assets and traditional financial markets through a unified multi-asset trading experience. Through this upcoming […]
Similar to previous bear markets, bitcoin (BTC) is now on track to experience a slow bleed regime. As analysts explained in the latest Bitfinex Alpha report, this seasonal pattern is further aggravated by weakening demand from spot and institutional avenues. Even options traders have stopped paying for protection as implied volatility continues to decline and […]
Robinhood Markets has completed its $180 million acquisition of WonderFi, a Toronto-based provider of digital asset products and services. With the deal, Robinhood is entering the Canadian market by acquiring an established operator of regulated crypto exchanges. As part of the acquisition, WonderFi’s two regulated crypto trading platforms, Bitbuy and Coinsquare, will become part of […]
Ripple’s native cross-border token has not been spared by the overall market-wide calamity that has only worsened today, with a fresh nosedive to a multi-month low. What’s particularly interesting about XRP’s crash toward $1.20 is that it comes on the token’s 14th birthday. XRPUSD June 2. Source: TradingView The last time the popular altcoin traded […]
Mt. Gox-linked wallet has moved a total of 10,306 BTC worth approximately $731 million at the time of this writing to a new wallet, sparking community chatter about a potential sale. Data from Arkham Intelligence shows that the receiving address is not associated with any centralized or decentralized exchange, indicating no immediate need for worry. […]
A Polymarket trader has accused the prediction market platform of unfairly resolving a disputed market tied to Strategy’s first Bitcoin sale in years. The trader claims he lost around $500,000 after betting that the firm had sold BTC before a May 31 deadline – something that was officially confirmed by an SEC filing on June […]