The broader cryptocurrency market remains divided with Bitcoin (BTC) slipping below $65,000 on Thursday after Kevin Warsh’s hawkish speech the previous day, while altcoins like Ethena (ENA) and Stellar (XLM) advance upwards.

Kentucky Attorney General Russell Coleman sued Kalshi, Polymarket, and VGW on June 17, accusing the companies of running illegal gambling platforms without a Kentucky licence. The lawsuits, filed in Franklin Circuit Court, add to a growing fight over whether online prediction markets should be regulated as federally supervised derivatives markets or as gambling products subject...

Binance founder Changpeng Zhao (CZ) is calling on governments worldwide to migrate stock markets to blockchain networks and issue their own national stablecoins. He says traditional finance is entering a new on-chain era. His comments follow meetings with government officials and financial regulators in Asia to discuss the future of blockchain technology and digital assets. ...

Binance founder Changpeng Zhao (CZ) has called on governments to tokenize their stock markets and issue sovereign stablecoins, arguing that blockchain technology can expand access to capital markets and increase the global use of national currencies.

Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, fell nearly 4% as investors responded to growing speculation that the company could sell more of its Bitcoin holdings in the coming months.  The stock closed at around $117.94, down 3.97%, underscoring worries about the company’s short-term outlook.  The latest discussion follows the suggestions that Strategy may need...

ASTER token rose over 15% to $0.77 on June 17th following an announcement that it will re-route 99% of daily platform fees into automatic buybacks. 

Bitcoin (BTC) remains well below key onchain metrics, with realized losses continuing to dominate capital flows despite a partial price recovery.

Ethereum (ETH) derivatives have remained subdued following the price decline over the past few weeks.

Binance’s crypto licensing application in Greece has stalled after what rumors claim is because the regulators received direct orders from the European Central Bank (ECB) President, Christine Lagarde. Binance’s application, which was made under the Markets in Crypto-Assets (MiCA) regulation, had cleared most of Greece’s regulatory requirements and was on track for approval prior to...

A recent valuation report released yesterday by Grayscale Research suggests that the Aave token is currently undervalued. The firm projects that if the regulatory environment becomes more favorable for the tokenization of real-world assets, the token’s price could reach approximately $175 within the next year. The report, called “A Guide to Buying the Dip: Valuing...

Syscoin’s team has recovered and destroyed 5 billion SYS tokens that an attacker minted through a flaw in the project’s cross-chain bridge.  Syscoin had to burn the minted tokens to restore its supply to its pre-exploit levels; however, its bridge remains offline. How did the exploit happen? The Syscoin team stated that they detected the...

Prediction markets are expected to be greatly impacted by the 2026 FIFA World Cup. According to a June 2026 Bernstein analysis, trade on both regulated and decentralized exchanges might increase by $5 billion to $10 billion. Since online betting sites now compete with established sportsbooks for clients during one of the largest sporting events in...

The Fed held rates at 3.5% to 3.75% in a unanimous 12-0 vote. Nine policymakers now expect rate hikes this year, while eight support no change and one favors a cut. Officials said inflation remains too high, with the Middle East conflict and rising energy costs adding pressure. Kevin Warsh’s influence is already visible in...

The Big Tech-backed carbon removal coalition Frontier announced fresh funding of around $915 million on Wednesday, bringing its total financial commitments to $1.8 billion with the addition of top AI company Anthropic to its roster of financiers. Other financial contributors to the new round include Stripe, Google, Shopify, Salesforce, and the H&M Group. Frontier’s objectives...

Kalshi, the CFTC-regulated prediction market operator, has partnered with the compliance vendor StarCompliance to give financial firms a way to track employee trading on the platform in real time. Prediction markets are facing mounting scrutiny from federal regulators and Congress over insider trading risks, but now compliance teams can flag suspicious trades as they happen,...

Rodney Burton, popularly known as “Bitcoin Rodney,” pleaded guilty for his role in the $1.8 billion HyperFund cryptocurrency fraud in a federal court yesterday, June 16. U.S. Attorney Kelly O. Hayes announced the guilty plea alongside Kareem Carter, the IRS Criminal Investigation Special Agent in Charge, and Pete Gizas, the HSI New York Special Agent...

Decentralized Finance (DeFi) tokens exhibit mixed signals on Wednesday, with Uniswap (UNI) slightly pulling back from an early-week rally to highs around $3.73, while Aster (ASTER) extends its recovery near $0.80. Bitcoin (BTC) holds above $65,000 following a rejection at June highs around $67,000.

Cross-border payments solutions company, Trace Finance, has raised $32 million in a Series A round led by CoinFund to expand its stablecoin settlement infrastructure beyond Brazil into wider Latin American and Asia-Pacific markets.  The round involved big players like Coinbase Ventures, Paxos, and Chainlink Labs, and intends to use this investment to better its stablecoin...

Inveniam, the data infrastructure company that anchors more than $200 billion in private-market assets on-chain, has moved to close an industry gap with its latest partnership with Docugami.  Both parties have come together to bring verifiable, element-level document data to real-world assets. Like most sectors, artificial intelligence has found its way into private markets; however,...

Wang Xin, the director-general of the PBOC's Research Bureau, stated that regulators need to track the effect of stablecoins on international payments.

The Trump administration will become a shareholder in SandboxAQ and award it $500 million to develop chemicals and materials for American chip plants, according to the Commerce Department’s announcement on Wednesday. The work includes substitutes for PFAS compounds and rare earth inputs bought overseas, while the package comes from President Donald Trump’s use of research...

Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), tasted victory in its legal challenge of a now-discontinued Block Earner fixed-yield crypto product when the High Court submitted a 7-0 ruling in its favor today, June 17.  The court’s unanimous decision means that Block Earner is now being considered for running a financial product...

Ripple (XRP) remains weak on Wednesday as investors cautiously await the Federal Reserve’s (Fed) interest rate decision. Market participants have fully priced in the Federal Open Market Committee’s (FOMC) rate decision, with nearly unanimous expectations of no change.

Leaders of the Senate Banking and House Financial Services committees have announced a bicameral agreement on the 21st Century ROAD to Housing Act that includes a provision prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) until at least 2030.  The restriction widens the policy gap between Washington and the European Central...

A record 45% of the 76 central banks surveyed by the World Gold Council say they'll add to their own gold reserves over the next 12 months, more than double the 20% share recorded back in 2020.

Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Federal Reserve’s (Fed) interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292.

Binance says it now accounts for more than 60% of trading activity in SpaceX perpetual futures, providing a globally accessible venue to meet the demand among retail investors for exposure to high-profile companies that have traditionally been difficult to access before and immediately after listing. The world’s largest cryptocurrency exchange by trading volume stated on...

The dollar is back at the center of global trading as investors rebuild bets on the United States, expecting the economy to stay stronger than Europe and Asia, helped by heavy spending on AI, strong hiring, and higher interest rates. This demand for US assets has of course changed how traders see the Federal Reserve’s...

JustLend DAO, the largest lending platform operating on the TRON blockchain, unveiled the Supply and Borrow Market V2 (SBM V2) on June 17. In an attempt to avoid contagion risk within different assets, the protocol adopted a new architecture from shared pools to isolated collateral. The significance of this change cannot be confined to the...

Weekly spot volumes across prediction market platforms reached its highest level this past week as the FIFA World Cup got underway. Weekly volumes crossed the $8 billion mark, hitting $8.7 billion last week, crossing the previous high of $7.4 billion set in early February this year. No election cycle or crypto blowup had managed to...