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cointelegraph.com Ukraine strategic Bitcoin reserve bill reportedly in final stages

Ukraine is reportedly moving closer to adopting Bitcoin as a national reserve asset, a move that could bolster its financial resilience amid the ongoing war with Russia. Lawmakers are reportedly working on a Bitcoin (BTC) national reserve proposal, with a draft bill already in its final stages, according to Yaroslav Zhelezniak, a member of parliament, who confirmed the plan to local media outlet Incrypted.The proposal was initially announced during the CRYPTO 2025 conference in Kyiv on Feb. 6. “We will soon submit a draft law from the industry allowing the creation of crypto reserves,” Zhelezniak said at the time.Cointelegraph reached out to Zhelezniak for comments on the status of a Bitcoin reserve bill in Ukraine but did not receive a response by publication.Related: Bitcoin treasury firms driving $200T hyperbitcoinization — Adam BackBitcoin has gained international attention as a national reserve asset since the election of US President Donald Trump in November 2024. On March 7, Trump signed an executive order to establish a national Bitcoin reserve seeded with BTC confiscated from criminal cases.Source: Margo MartinA month later, Swedish MP Rickard Nordin issued an open letter urging Finance Minister Elisabeth Svantesson to consider adopting Bitcoin as a national reserve asset, citing Bitcoin’s growing recognition as a “hedge against inflation,” Cointelegraph reported on April 11.Related: Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve assetLegal challenges may delay adoptionWhile Ukraine’s push for a national Bitcoin reserve marks a potentially historic shift in crypto policy, it may require “significant legal change,” according to Kyrylo Khomiakov, regional head of CEE, Central Asia, and Africa at crypto exchange Binance.“We commend Ukraine’s ambition to establish a strategic crypto reserve,” he told Cointelegraph. “Implementing such a reserve would necessitate significant legal changes, indicating that this process will not be swift.”“Another positive aspect is that this initiative will likely lead to greater regulatory clarity in Ukraine, as the government will need to articulate its stance more clearly,” he added.Ukraine was reportedly planning to legalize cryptocurrencies in early 2025 with the finalization of a draft bill in coordination with the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF), according to Daniil Getmantsev, head of the tax committee of the Verkhovna Rada.On April 8, Ukraine’s financial regulator proposed taxing certain crypto transactions as personal income with a rate of up to 23%, excluding crypto-to-crypto transactions and stablecoins.Not all voices in Ukraine’s crypto industry are optimistic about the timing of the proposal. ”The country is broke. More than 50% of the budget is in grants and loans from the European Union,” said Michael Chobanian, the founder of Ukraine-based Kuna exchange. “The population is decreasing at the fastest rate in the world. Men are kidnapped and sent to the army against their will.”“What kind of BTC reserves are we talking about here? This is done only to divert your attention,” Chobanian claimed.Magazine: Helping Ukraine without donating: Laura’s DeFi staking plan

cryptobriefing.com US and Iran negotiations remain on track despite overnight strikes, but crypto markets are feeling the heat

Geopolitical tensions and sanctions are reshaping crypto markets, highlighting vulnerabilities and influencing global economic stability. The post US and Iran negotiations remain on track despite overnight strikes, but crypto markets are feeling the heat appeared first on Crypto Briefing.

blockonomi.com Ethereum Open Interest Hits All-Time High on Binance as Wallets Near 200M

TLDR: Binance ETH open interest hit a new ATH at nearly 3.7M ETH, capturing over 44% of the global total. ETH trades 67% below its all-time high, pushing the asset into extreme oversold territory per derivatives data. Ethereum’s Taker Buy/Sell Ratio rose to 1.0 on Binance, signaling a shift away from months of seller dominance. [...] The post Ethereum Open Interest Hits All-Time High on Binance as Wallets Near 200M appeared first on Blockonomi.

bitcoinist.com Japan’s Largest Banks Eye FY2026 Stablecoin Rollout Amid Regulatory Push

As Japanese financial authorities push to expand the yen-based digital asset market, three megabanks have advanced their joint stablecoin plans by establishing a council to develop the framework for issuing the token this fiscal year. Related Reading: Japan’s SBI Bank Expands Crypto Push With BTC, ETH, XRP Rewards Program For Depositors Megabanks Advance Joint Stablecoin […]

forklog.media Bitwise: Advisors Shift Focus from Bitcoin to Stablecoins and RWA

Financial advisors remain interested in cryptocurrencies, but their focus has shifted from Bitcoin to stablecoins and tokenized assets, according to Bitwise CIO Matt Hougan. “This is the most important takeaway. Throughout history, new crypto market growth cycles have been based on a combination of breakthrough products and new types of investors,” he added. Hougan cited previous periods of market correction completion as examples: 2014 — the launch of Ethereum and the emergence of the first retail investors; 2018 — the DeFi summer and the entry of COVID-19 era investors ready to spend new stimulus payments. 2022 — progress in Bitcoin ETF development, influx of major retail investors and hedge funds. According to the top manager, the market should emerge from the prolonged correction of 2026 through the growing popularity of new products like stablecoins, RWA, decentralized perpetual futures, and other products with real value. However, real acceleration requires the mass adoption of cryptocurrencies by a new class of investors—financial advisors and institutions, many of whom still face barriers to accessing cryptocurrencies, Hougan believes. He suggested that if financial advisors become the next major source of capital inflow into the industry, the initial funds might not go into Bitcoin but rather into tools surrounding stablecoins and tokenization. Among the projects and companies that interest advisors, the expert listed Ethereum, Solana, Canton, Chainlink, Avalanche, Hyperliquid, Figure, Circle, and Coinbase. Hougan estimates that financial advisors collectively manage assets exceeding $175 trillion. Moreover, their “understanding of cryptocurrency potential has become broader and more detailed than it was two years ago.” “It's hard not to hear on CNBC someone like SEC Chairman Paul Atkins, Goldman Sachs CEO David Solomon, or BlackRock CEO Larry Fink talking about stablecoins and tokenization. Investors want to be part of this process,” emphasized the Bitwise executive. Earlier, Wintermute analysts pointed out the weak capital inflow into Bitcoin.

forklog.media CryptoQuant Predicts Bitcoin Bottom at $53,600

The price of the leading cryptocurrency could drop to $53,600. This level corresponds to the realized price of the asset—the average purchase cost of all coins in the network, reports The Block citing CryptoQuant. Julio Moreno, head of research at the company, noted that demand for Bitcoin remains "extremely unfavorable." Last week, the figure decreased by 652,000 BTC—the sharpest decline since the beginning of 2022. Institutional interest has also waned. The capital inflow into spot Bitcoin-ETF over 30 days turned negative, amounting to -74,000 BTC. Instead of buying the dip, funds are increasing supply in the market. On June 10, the net outflow from US spot Bitcoin ETFs was $213.85 million. The IBIT fund from BlackRock led the sales, losing $148.47 million. Grayscale (GBTC) also recorded an outflow of $87.9 million. Source: SoSoValue. According to CryptoQuant, there are no signs of capitulation—mass panic selling—on the market yet. The total realized loss of holders over 30 days was 187,000 BTC. For comparison, during the FTX exchange collapse, this figure reached 1.2 million BTC. Moreno emphasized that many short-term investors are still holding positions in profit and have not reached the psychological threshold of forced sales. Analysts believe the current price could be a "candidate for the bottom," but for sustainable growth, the market needs a regime change. Full recovery will begin only after demand stabilizes and ETF inflows return. Until then, the risk of further decline remains. At the time of writing, the leading cryptocurrency is trading at $62,651 (+1.8% for the day). Hourly chart of BTC/USDT on Binance. Source: TradingView. Earlier, on June 9, K33 analysts identified $60,000 as a Bitcoin accumulation zone.

blockonomi.com Crypto Trading Volumes Drop to Two-Year Lows: Is a Relief Rally Next?

TLDR: Santiment data shows top crypto asset volumes have dropped to their lowest levels since mid-2024. Macro uncertainty and recent liquidations are keeping most traders sidelined across the market. Historical Santiment analysis links multi-quarter volume lows to the start of crypto relief rallies. Institutional involvement and development activity continue despite compressed trading participation. Trading volume [...] The post Crypto Trading Volumes Drop to Two-Year Lows: Is a Relief Rally Next? appeared first on Blockonomi.

news.bitcoin.com Dragonfly’s Rob Hadick Says Stablecoins Could Grow 10x as Payments Adoption Expands

Stablecoins may have begun as a reserve-yield business. Still, Dragonfly’s Rob Hadick argues the next phase of value creation will come from distribution, compliance, payments, and the collapse of legacy financial infrastructure. Stablecoins and the Fall of Legacy Payments For years, the stablecoin market has been viewed through the lens of issuance. The most visible […]

blockonomi.com Dogecoin (DOGE) Price Analysis: Historic Indicator Issues Buy Signal After Predicting Previous 31% Decline

Dogecoin (DOGE) holds $0.083 support as buy signal emerges from indicator that predicted May's 31% crash. Analysis of key levels and potential reversal. The post Dogecoin (DOGE) Price Analysis: Historic Indicator Issues Buy Signal After Predicting Previous 31% Decline appeared first on Blockonomi.

cryptobriefing.com England cruises past Costa Rica 3-0 in final World Cup 2026 warmup as Kraken becomes FIFA’s official crypto partner

England's strong performance boosts confidence for World Cup, while FIFA's partnership with Kraken highlights crypto's growing sports influence. The post England cruises past Costa Rica 3-0 in final World Cup 2026 warmup as Kraken becomes FIFA’s official crypto partner appeared first on Crypto Briefing.

forklog.media WSJ: OpenAI Considers Reducing Token Prices

OpenAI is contemplating a significant reduction in token prices—the primary billing unit for using AI models, according to The Wall Street Journal, citing sources. The company aims to enhance its competitiveness with Anthropic. According to the publication, no decision has been made yet. A potential price reduction could intensify the battle for corporate clients and impact the margins of both companies, as OpenAI and Anthropic incur high costs for computational resources. Competition has intensified following the rise in popularity of Claude Code. In response, OpenAI has prioritized its own programming tool, Codex.

bitcoinist.com Crypto Criminals In Crosshairs As Chainalysis Partners With South Korean Police

South Korea’s national police launched a special multi-agency task force just weeks ago to go after crypto-based money laundering. Now they have a new partner in that fight. Related Reading: The Quantum Threat Is Coming—Stellar Reveals Its Defense Strategy Building Investigative Muscle Blockchain analytics firm Chainalysis signed a memorandum of understanding with the Korean National […]

themerkle.com Three Whale Addresses Pull $122M in ETH Off FalconX and Kraken in a Single Move

Three whale addresses, two of them freshly created, just withdrew a combined $122.29 million worth of ETH from FalconX and Kraken in what on-chain analysts are flagging as a significant accumulation signal. The move is being tracked across crypto monitoring communities and the details are specific. Two of the three addresses involved are brand new, which points to fresh capital entering the market rather than an existing holder simply reshuffling funds between wallets. The third address has history, it bought ETH previously and is currently sitting on a $9.1 million unrealized loss from that earlier entry. Despite being underwater, it The post Three Whale Addresses Pull $122M in ETH Off FalconX and Kraken in a Single Move appeared first on The Merkle News.

themerkle.com Pyth Network Launches 24/7 Price Indices for U.S. Equities, Oil, and Metals

Pyth Network just solved one of the most persistent structural problems in crypto derivatives markets, and it did it with partners that carry serious institutional weight. The oracle network has launched Pyth Indices, a set of proprietary 24/7 price indexes covering U.S. equities, oil, gold, silver, and thematic baskets and the products are not just announced. They are already live and powering real trading across Coinbase, Kraken, dYdX, and Nado. PYTH is up 5% on the news. The Problem Pyth Indices was Built to Solve Pyth Network laid out the core thesis with unusual clarity. Traditional markets close overnight and The post Pyth Network Launches 24/7 Price Indices for U.S. Equities, Oil, and Metals appeared first on The Merkle News.

themerkle.com Mastercard Launches Agent Pay for Machines, Ripple and XRPL Join 30+ Partners to Power AI-Driven Commerce

Mastercard just made its biggest move yet into the AI economy. The payments giant has officially launched Agent Pay for Machines, a new payments infrastructure designed specifically for AI agents executing transactions at machine speed and Ripple is right in the middle of it, with the XRP Ledger and RLUSD helping lay the foundation for what comes next. The announcement landed with serious weight. Mastercard is launching this initiative with more than 30 partners on board from day one, including Coinbase, Stripe, and OKX alongside Ripple. That is not a pilot program with a handful of friendly participants, that is The post Mastercard Launches Agent Pay for Machines, Ripple and XRPL Join 30+ Partners to Power AI-Driven Commerce appeared first on The Merkle News.

news.bitcoin.com 200,000 Human Neurons Learned to Play Doom, Pointing to Low-Power Biological Computing

Cortical Labs connected 200,000 human neurons grown from blood-derived stem cells to its CL1 silicon interface, teaching the culture to navigate and shoot in Doom. By translating the game’s state into electrical patterns and reading neural spikes as commands, the system improved with training, pointing to low-power biological computing even as current neuron-chip setups last […]

blockonomi.com CryptoQuant Flags Structural Shift as Crypto Natives Pile Into TradFi

TLDR: Gate’s TradFi volume grew from near zero to a widening share of total activity through early 2026. Spot trading on Gate compressed from ~35% in early 2025 to low double digits as TradFi expanded. Gold and silver instruments, including XAU and XAUT, now lead Gate’s TradFi volume by category. Equity exposure on Gate spans [...] The post CryptoQuant Flags Structural Shift as Crypto Natives Pile Into TradFi appeared first on Blockonomi.

forklog.media Former xAI Engineer Sues Over Dismissal Following Grok Safety Complaints

Former xAI engineer Devin Kim has filed a lawsuit against xAI and SpaceX in a California court, claiming he was dismissed in September 2025 after raising safety concerns about Grok. In his statement, he highlighted risks of discrimination and the potential spread of weapons of mass destruction information through the chatbot; Kim also specifically mentioned xAI co-founder Jimmy Ba as someone who attempted to silence him. xAI and SpaceX did not respond to requests for comment.

bitcoinist.com Helius CEO Says Crypto’s ‘Straw Houses’ Face Collapse As AI Raises The Stakes

Helius Labs CEO Mert Mumtaz has warned that crypto is entering a new security era in which AI, formal verification and higher software standards could separate serious infrastructure teams from fragile protocols. In a widely viewed post on X, he argued that crypto is “about to enter the space age,” with immutable financial code increasingly […]

cryptopotato.com Football, Crypto and $5 Million of Rewards in 1win’s World Cup Mega Tournament

[PRESS RELEASE – Willemstad, Curaçao, June 11th, 2026] 1win is inviting users to compete for a total of 5,000,000 USDT in rewards during the FIFA World Cup 2026. The new Football World Cup tournament by 1win will run between June 11 and July 19, 2026, allowing thousands of users to compete for prizes while enjoying […]

blockonomi.com Clarity Act Faces Senate Setback as Ethics Dispute and Law Enforcement Concerns Grow

TLDR: Senate negotiators failed to resolve a major ethics dispute tied to the Clarity Act this week. White House officials met law enforcement groups over concerns about blockchain crime enforcement. Democratic support hinges on stronger ethics provisions linked to Trump’s crypto ventures. House lawmakers reviewed crypto tax reforms as Congress races against a tight calendar. [...] The post Clarity Act Faces Senate Setback as Ethics Dispute and Law Enforcement Concerns Grow appeared first on Blockonomi.

cryptobriefing.com John Mearsheimer: US and Israel escalate military actions against Iran, the limits of American power are becoming clear, and the erosion of US moral authority in warfare | Tucker Carlson

Escalating US-Israel military actions against Iran reveal the limits of American power and moral authority. The post John Mearsheimer: US and Israel escalate military actions against Iran, the limits of American power are becoming clear, and the erosion of US moral authority in warfare | Tucker Carlson appeared first on Crypto Briefing.