The FOMC meeting and the subsequent Kevin Warsh press conference brought some volatility to the crypto market, with BTC sliding by over two grand from top to bottom before it found support. Most altcoins have mimicked BTC’s performance in the past 24 hours, with ETH sliding beneath $1,750 and XRP dropping below a key support…

The Core Team behind the popular yet controversial project just published a new update on the state of the Pi Launchpad testing period, including the brand-new test token, SLICE. In the meantime, the underlying asset’s troubles have intensified, with the asset close to breaking below $0.13 once again. Pioneers Help and Can Help Further CryptoPotato…

Rodney Burton, a Miami man known online as “Bitcoin Rodney,” has pleaded guilty to a conspiracy charge connected to the HyperFund cryptocurrency fraud scheme, according to the US Department of Justice. TL;DR The DOJ says Rodney Burton pleaded guilty to conspiracy connected to HyperFund. Authorities have described HyperFund as a $1.8 billion cryptocurrency fraud scheme.…

The recent market volatility, mostly prompted by the Federal Reserve’s FOMC meeting and the hawkish tone of the new Chairman, liquidated roughly 100,000 traders yesterday, with one of them being the famous social media personality and former boxer, Andrew Tate. In this quick-bits article, we will also explore Arthur Hayes’ recent bullish pivot toward the…

The CME Group has said that it will sue the Commodity Futures Trading Commission (CFTC) over its decision to approve perpetual futures in the U.S. CEO Terrence Duffy told CNBC on Wednesday that the firm plans to file the lawsuit on Thursday, saying its case will be based on the argument that perpetual futures are…

“We have 32 years of dividend coverage through our BTC Reserve,” said Strategy on X on Thursday. In principle, the math works out, as the firm’s Bitcoin treasury is currently worth just below $55 billion, and its dividend obligations are $1.7 billion. In November, Strategy claimed to have 71 years of dividend coverage “assuming the price…

Strategy executive chairman Michael Saylor says the company’s core purpose is creating financial products backed by Bitcoin (BTC), a business model he compared to a reserve bank. According to him, Bitcoin’s next stage of development should be about building a layered capital market around it. From Digital Gold to Digital Architecture In a June 16…

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The Binance European regulatory path is back in focus as the MiCA deadline approaches, with the exchange’s EU licensing strategy becoming a key test of how global crypto platforms adapt to the bloc’s new rulebook. TL;DR Binance has been pursuing a European authorization route under the MiCA framework. The end of the EU transition period…

Ethereum’s latest drawdown has pushed a major share of ETH supply back underwater, with Glassnode data cited by market trackers showing supply held at an unrealized loss near levels last seen around the post-FTX capitulation period. TL;DR Glassnode’s ETH supply-in-loss metric is being watched as a capitulation signal. The reading has been compared with the…

Ready Card users outside the European Economic Area have been pushed into an abrupt service halt after a card issuer transition disrupted the USDC spending product, according to user notices shared on X. TL;DR Ready Card’s non-EEA service halt shows how stablecoin products still depend on traditional payment rails. The card is marketed as a…

Oman has moved another step into state-managed Bitcoin Mining infrastructure after Enegix Global said it had been selected to power Omanhash.om, described as the Sultanate’s national Bitcoin mining pool. TL;DR Omanhash.om is being positioned as the official mining pool for licensed crypto miners in Oman. Enegix Global says it will act as the technology and…

Europe’s stablecoin market is moving into its next, stricter phase as major exchanges continue reshaping USDT access for users in the European Economic Area under the EU’s Markets in Crypto-Assets framework. TL;DR Binance, Coinbase, Kraken and other platforms have adjusted stablecoin access for EEA users under MiCA. The shift has hit Tether’s USDT hardest because…

Matter Labs is reshuffling its team as the company moves to a permissioned privacy chain called Prividium. The layoffs will include senior engineers, designers, and operators who are no longer aligned with the new direction. Founder Explains Layoff Decision. Alex Gluchowski, the company’s CEO, confirmed the news on social media, noting that the decision followed…

Bitcoin’s price is losing ground once again, as the asset was rejected at over $66,000 earlier today and dumped to $64,000 minutes ago, shortly after the conclusion of the latest FOMC meeting and the subsequent press conference by the new Fed Chair, Kevin Warsh. Unlike what many expected when he replaced Jerome Powell, Warsh maintained…

Ethereum is holding close to the $1,800 area as traders wait for the Federal Reserve’s June decision, with the market watching not only the rate call but also what Chair Kevin Warsh says about inflation, future guidance, and the path of liquidity into the second half of 2026. TL;DR ETH is trading around the $1,800…

Bitcoin Magazine Fed Signals Possible Rate Hikes as Kevin Warsh Opens ‘New Chapter’ at Central Bank The Federal Reserve held interest rates steady at its June meeting, but signaled a shift toward tighter policy under new Chair Kevin Warsh, marking a decisive turn away from expectations of near-term easing. The Federal Open Market Committee left…

Andreessen Horowitz crypto executive Miles Jennings criticized Illinois’ newly enacted Digital Asset Privilege Tax Act on June 17, calling it “one of the most anti-crypto laws in the US.” The law imposes a 0.2% tax on the exchange, transfer, and custody of digital assets, with no meaningful exemptions for routine self-custody moves. Backlash From the…

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Japan’s largest banking groups are moving toward a shared yen-backed stablecoin framework, a development that could bring one of the world’s most heavily regulated financial systems deeper into tokenized payments. TL;DR MUFG, SMBC, and Mizuho are reportedly aligned around a joint yen-backed stablecoin initiative. The project is still at the council and design stage, not…

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The first FOMC meeting with the new Federal Reserve Chair, Kevin Warsh, at the helm of the central bank didn’t provide any surprises, as the entity expectedly left the interest rates unchanged. With the benchmark remaining between 3.5% and 3.75%, bitcoin’s price reacted with minor initial volatility, but there are some warning signs about an…

Michael Saylor is expanding the familiar Bitcoin treasury argument into a broader model for tokenized finance, laying out a four-layer “Digital Asset Stack” that starts with BTC as pristine collateral and builds credit, yield and equity instruments above it. TL;DR Saylor’s model places Bitcoin at the base as digital capital and collateral. The framework includes…

Bitcoin Magazine Mexican Billionaire Ricardo Salinas Bets 70% of His Portfolio on Bitcoin, Eyes $1 Million Price Long before bitcoin existed, Ricardo Salinas Pliego was learning about hard money at the family dinner table. Born in Mexico City in 1955, Salinas is the founder and chairman of Grupo Salinas, a corporate conglomerate with interests in…