Bitcoin price rebound wobbles as Israel defies Trump and hits Iran, sending oil back toward $100

Bitcoin’s brief weekend rally lost its footing as a sudden resumption of military hostilities between Israel and Iran triggered a broad rotation away from risk-on investments. The geopolitical escalation, which defied explicit diplomatic pressure from Washington, sent global energy benchmarks surging and equity markets lower, leaving BTC to defend a highly fragile $60,000 baseline. Data … Read more

Crypto Oversight in the Spotlight After Warren Questions Federal Regulation

U.S. Senator Elizabeth Warren pressed the CFTC over whether it can effectively police fast-growing crypto and prediction markets. Her letter cited staffing cuts, declining enforcement, and potential industry and political influence as risks to investors. Crypto Oversight in the Spotlight After Warren Questions Federal Regulation U.S. Senator Elizabeth Warren on June 8 announced an inquiry … Read more

Is this the best NFT collection in the world? DCinvestor, NFT Collector

Boasting one of the best NFT collections on the planet, DCinvestor went all in on some iconic buys in early 2021 and is one of the most respected and insightful personalities on Crypto X.  Some say that DCinvestor has the best individual collection of NFTs in the world — although he’s far too modest to … Read more
Categories NFT

Trump’s family crypto feud spills into customer accounts after wallet freeze

Crypto exchange HTX will permanently remove President Donald Trump-backed World Liberty Financial’s fiat-backed USD1 stablecoin from its trading platform. Beginning June 7, the digital asset exchange said it will systematically convert all eligible retail customer balances of the USD1 token into Tether (USDT) at a strict one-to-one valuation. This intervention arrives as direct retaliation after … Read more

Crypto rails made prediction markets global, gambling laws may make them local again

South Korean police opened the country’s first illegal gambling probe into domestic Polymarket users on Jun. 5, targeting residents who placed bets on the Jun. 3 local election outcomes. The Gangwon Provincial Police Agency is leading the investigation at the request of the National Police Agency, tracing cryptocurrency transaction records to identify users nationwide. Those … Read more

6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto

A growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging a 1,250% risk weight that they argue makes holding BTC prohibitively expensive for regulated banks. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push … Read more