Key Takeaways: BitGo will cut down almost 15% of its employees to restructure the company. The company will focus on security, trading, stablecoins, settlement, and AI infrastructure, CEO Mike Belshe said. The company said the job cuts weren’t likely to be repeated because of their one-off nature. User Score 8.7 Follow us on Google News […]

Bitcoin Magazine ‘I See Volatility as Opportunity’: Bitcoin Tests Critical Support as Key Level Hangs in the Balance Bitcoin has shed more than 50% of its value since hitting an all-time high near $126,000, and the market is now locked in a tense standoff at a support level that technical analysts say could determine the […]

A compromised third-party vendor let attackers inject malicious code into Polymarket’s front-end, draining about US$3 million (AU$4.35 million) in user funds. On-chain investigators at Bubblemaps found fewer than 15 accounts were affected, with the attackers converting stolen funds into roughly 1,893 ETH. Polymarket pledged to refund impacted customers in full and said the front-end issue […]

SBI Holdings will acquire Bitbank for ¥46.7 billion (AU$419.67 million) to create Japan’s largest crypto exchange by assets under custody. The merged business is expected to hold ¥1.1 trillion (AU$9.88 billion) in customer crypto assets and nearly 2.92 million accounts. The deal forms part of SBI’s broader strategy to expand regulated digital asset services, including […]

Multiple users reported delayed AscendEX withdrawals after ZachXBT flagged potential liquidity issues and urged the exchange to explain its reserves.

Cathie Wood’s ARK Invest scooped up shares of Coinbase, Circle, Bullish, and Robinhood on June 25 as all four crypto-linked stocks fell, according to the firm’s daily trade disclosures. The purchases clearly reflected Wood’s ongoing strategy of buying into weakness. Buying Into a Broad Crypto-Equity Selloff ARK added 35,023 shares of Robinhood (Nasdaq: HOOD), worth […]

Strategy Chairman Michael Saylor doubles down on Bitcoin despite market volatility.

In the middle of this cryptocurrency news storm, a network called Pepeto https://pepetocoin.com built by a former Binance expert continues to draw …

TL;DR: Hyperliquid was added to the Investor Alert List of the Monetary Authority of Singapore, which identifies unregulated entities in its jurisdiction. The platform clarified that it never claimed to be authorized by MAS and that its permissionless infrastructure has not undergone any changes. The HYPE token showed no significant movement and trades around $62, […]

The U.S. Department of Justice says it has struck at the technical backbone supporting large-scale cryptocurrency money laundering operations. The DOJ has announced the seizure of a cloud computing account used by subsidiaries of Cambodia-based Huione Group. The agency says the account hosted backend infrastructure for services allegedly assisting in the transfer of proceeds from […]

TL;DR CryptoQuant CEO Ki Young Ju states that Bitcoin’s cycle bottom is still not confirmed, based on on-chain realized price behavior and previous market cycles. BTC trades near $59,596, up 0.3% in 24 hours, after a rebound toward $61,000 that shows weak spot demand. Traders focus on $61,900 resistance and $58,800 support, key levels that […]

ZachXBT says AscendEX users are experiencing withdrawal delays, with some requests not being processed at all. Several individuals reported that the transactions have been stalled for days, sometimes even weeks. AscendEX Users Report Withdrawal Issues The on-chain sleuth issued a warning in his Telegram group, alerting members to potential liquidity challenges. “I have observed multiple reports that the […]

Bitcoin’s latest pullback was not driven by a single headline. Instead, traders were hit by a cluster of pressure points at the same time: weakness in global technology stocks, another heavy day of spot Bitcoin ETF redemptions, a sharp leverage flush, and a large monthly options expiry that kept the market focused on downside strike […]

Bitcoin Magazine Michael Saylor Responds to Scrutiny as Strategy Shares and STRC Hit 52-Week Lows Michael Saylor responded to the deepening selloff in Strategy’s stock and preferred shares Friday with a statement on X. “Volatility tests every capital structure,” Saylor wrote. “Strategy remains focused on Bitcoin, disciplined capital allocation, credit quality, and long-term value creation. […]

Key Takeaways: StablecoinX has merged with TLGY and is scheduled to start trading on the Nasdaq under the code USDE. The company owns approximately 3.03 billion ($275 million worth) ENA tokens, placing it among the top public holders of ENA tokens. StablecoinX will become the backbone of the Ethena stablecoin network and traditional capital markets. […]

The U.S. Treasury, in collaboration with Chainalisys, took action against Huione, one of the largest enablers of crypto-money laundering operations for the Prince Group, a transnational criminal organization that targeted Americans with romantic fraud scams, also known as pig butchering operations. US Treasury Hits Huione Group’s Crypto Money Laundering Cloud Infrastructure The Trump Administration is […]

Australia’s financial regulator extended temporary enforcement relief for digital asset businesses until Sept. 30 as firms transition into the country’s licensing system.

Bitcoin records highest daily outflow seen in the last month after its price dropped to a level not seen since 2026 began.

Multicoin Capital projected that Hyperliquid’s HYPE token could climb to about US$319 by 2028, implying more than 400% upside from its current price near US$63.  The firm’s base case assumes Hyperliquid generates roughly US$8 billion in annual profit by 2028, valued at about 20 times earnings. Multicoin disclosed it has been buying HYPE aggressively since […]

A Morgan Stanley Investment Management senior portfolio manager says the pullback witnessed in AI memory and chip names is an opportunity for investors to load up on dips. In a new CNBC interview, Andrew Slimmon says he remains bullish on companies benefiting from the massive AI spending, despite the recent retracement. Slimmon believes that the […]

Poland's CBZC arrested four suspected members of a SIM swap gang accused of cryptocurrency theft and money laundering.

Popular analyst Ali Martinez mapped out the next significant support levels for Ripple’s cross-border token after the asset marked a new multi-year low yesterday of just over $1.00. Market observers remain convinced that XRP has reached its most critical level in this cycle, one that could determine the next major leg up (or down). What’s […]

Ripple’s dollar-backed RLUSD stablecoin is now available in Japan through SBI VC Trade, adding a regulated Asian market to Ripple’s stablecoin push. TL;DR Ripple says RLUSD is live in Japan following regulatory approval. SBI VC Trade is the distribution route for the launch. The rollout gives Ripple a regulated Asian stablecoin foothold while competition in […]

TL;DR: DraftKings reported approximately $3.4 billion in annualized consumer volume and $11.3 billion in total annualized trading volume at the close of the week of June 21, 2026.  The new DKeX platform operates using the infrastructure and a CFTC regulatory license obtained following the acquisition of Railbird Technologies.  The contract combinations format has been adopted […]

TL;DR: Musk unveiled a promotional video for X Money, his financial service within X, which includes Visa cards, savings accounts, and instant payments. The launch operates exclusively with fiat money, leaving Dogecoin and any cryptocurrency out of this initial stage of the service. DOGE hovers around $0.07466 with an RSI of 22.64, in oversold territory, […]

Bitcoin Magazine Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’ Legendary investor Jeremy Grantham — co-founder of asset management firm GMO and one of Wall Street’s most prominent bubble-spotters — came at Bitcoin again on Friday, calling the asset a “useless, speculative mechanism” destined for slow decline into irrelevance. Speaking on CNBC’s […]

The Trump administration has asked OpenAI to delay the broader release of its upcoming GPT-5.6 model, requesting that the company limit initial access to a small group before any wider rollouts. The move marks one of the most direct instances yet of the U.S. government intervening in how a frontier AI model reaches the public. […]

Key Takeaways: Hyperliquid has been included in Singapore’s Investor Alert List by the Monetary Authority (MAS). Hyperliquid clarified it wasn’t a ban, it wasn’t a sign of misconduct, and it wasn’t an enforcement action. The protocol says it has never claimed to be licensed by MAS and continues to operate as permissionless onchain infrastructure. User […]

The European Union is weighing a uniform 1% tax on online gambling across all 27 member states – a proposal that has gained momentum in the bloc’s long-term budget talks, and the latest sign that Europe’s gambling crackdown is moving from national capitals to Brussels. From national crackdowns to a Brussels levy The European Union […]

A former Bank of America insider is accused of stealing tens of thousands of dollars from two elderly customers while working at a branch in Nashville, Tennessee. Karl Stephen Richardson was arrested earlier this week and charged with credit card fraud, financial exploitation of an elderly adult and identity theft, reports WKRN News. Bank of […]

Singapore’s financial regulator added Hyperliquid to its Investor Alert List, as a reminder that the decentralized exchange was not licensed in the region.

XRP on-chain data targets $0.51, a dormant whale moves $2.5 million in SHIB, Singapore flags Hyperliquid, and Bitcoin hits $58,000 amid $900 million in liquidations.