Tag: cryptocurrency
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New EU crypto rules could force hundreds of firms to exit the market
The EU’s landmark MiCA crypto rules take full effect on 1 July. Yet by May, fewer than one in five of the bloc’s 1,200-plus registered crypto firms had secured the licence needed to keep serving European clients.
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Zimbabwe moves to regulate cryptocurrency sector
HARARE, June 12 : Zimbabwe’s government said on Friday it will require cryptocurrency businesses to register and pay annual fees, as it seeks to bring the largely informal market under regulatory oversight. Businesses involved in buying, selling, transferring or safeguarding virtual assets must register ea
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Coinbase launches tool to let AI agents manage trading and payments
Coinbase is betting that AI agents will become the primary interface for people’s financial activity.
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Avalanche Treasury Co set to start trading on Nasdaq as crypto proxy trade evolves
Avalanche is a six-year-old blockchain built for business that counts BlackRock, Franklin Templeton and Apollo among its users.
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SpaceX primed for double-digit pop on first day, if ‘perps’ trading is any guide
Crypto traders are currently pricing the SpaceX pre-IPO perp on Hyperliquid at $161, about 19% above the company’s fixed IPO price of $135 per share.
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Strategy’s sell-off signals the first real stress test for the bitcoin treasury trade
“When Strategy comes under fire, bitcoin itself comes under fire,” Benchmark analyst Mark Palmer.
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Trump family got about $500M from crypto venture — but investors saw steep losses
Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company’s shares are down 93%.
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Convicted FTX founder Sam Bankman-Fried files formal request for Trump pardon
The co-founder of the now defunct FTX crypto exchange is currently serving a 25-year federal prison sentence.
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Bitcoin caps a dismal week as price wallows 50% below its all-time high
A rebound in the digital currency, or characteristic dip-buying by investors, is yet to take place.
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Bitcoin is weathering its ugliest week in months as narrative fades and liquidity rotates
Bitcoin is getting pummeled to kick off June as the market loses its dominant narrative and liquidity continues to rotate into other assets.
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