Binance CEO Richard Teng has pushed back against a new Wall Street Journal investigation claiming the exchange processed $850 million in transactions tied to a sanctioned Iranian financier, which eventually flowed to Iran’s Islamic Revolutionary Guard Corps. In a Friday post on X, Teng called the reporting “fundamentally inaccurate,” saying that Binance never permitted transactions … Read more
The European Central Bank warned EU finance ministers on Friday that proposals to expand euro stablecoin issuance could weaken bank lending and complicate monetary policy, according to three sources cited by Reuters. The pushback came in response to a policy paper prepared by Brussels-based think tank Bruegel, whose authors presented their proposals at the two-day … Read more
The recent streak of outflows from US-based spot Bitcoin ETFs, totaling more than $1 billion over the past trading week, suggests a potential buying opportunity for the world’s largest cryptocurrency, according to crypto sentiment platform Santiment. “Santiment’s analysts read these flows as a counter-indicator, since ETFs disproportionately reflect retail conviction rather than smart money positioning,” … Read more
Strategy chairman Michael Saylor has not ruled out the company offloading some Bitcoin as early as this year, after recently softening his long-held “never sell” stance. “I think it’s not unlikely that we’ll sell some Bitcoin between now and the end of the year,” Saylor said during an interview with Natalie Brunell published to YouTube … Read more
Ether’s (ETH) long-term investment case is drawing fresh attention as Ethereum continues to lead in key areas of onchain activity and decentralized finance, despite the altcoin losing 28% of its value this year. The network still hosts roughly $43 billion in DeFi liquidity, more than $165 billion in stablecoins, and about 55% of tokenized assets … Read more
Kevin Warsh was sworn in on Friday as the chairman of the United States Federal Reserve, but investors and traders still forecast no interest rate cuts for the rest of 2026. Speaking at the ceremony, US President Donald Trump said that Warsh will remain “independent” of the Executive Branch regarding interest rate policy, and claimed … Read more
Key points: Bitcoin has dipped below $77,000, signaling that the bears are poised to seize control. Altcoins are a mixed bag, with some attempting to push through the overhead resistance while others struggle to hold on to the support. Bitcoin (BTC) has dipped below $77,000, indicating that the bears are attempting to seize control. Glassnode … Read more
NEAR Protocol (NEAR) displayed strength on Friday, rising 34% over the last 24 hours to $2.32, leading artificial intelligence-based tokens in a rally fueled by NEAR’s network upgrades and NVIDIA’s bullish revenue forecast. NEAR is trading 50% higher than its price seven days ago and has gained a whopping 115% over the last 90 days. … Read more
Elon Musk’s rocket and satellite company SpaceX is planning a $75 billion IPO in June, which could make it the largest near-term public listing with a major Bitcoin treasury. Key takeaways: A Nasdaq 100 fast entry could expand Bitcoin exposure among the top mega-cap stocks, including Tesla. The IPO may pressure tech stocks as passive … Read more
Polymarket, a global prediction market platform, is reportedly seeking entry into Japan amid growing regulatory scrutiny of the sector worldwide. The company has appointed Mike Eidlin, head of Japan at crypto firm Jupiter, to lead its local efforts and is preparing to lobby for authorization of prediction markets in the country, Bloomberg reported Friday, citing … Read more