Broadcom loses over $250B in market value after revenue forecast disappoints Wall Street
The massive selloff highlights the precarious expectations in the AI semiconductor sector, signaling potential volatility for tech investors. The post Broadcom loses over $250B in market value after revenue forecast disappoints Wall Street appeared first on Crypto Briefing.
CLARITY Act vote more likely before August recess, says Lummis
Senator Cynthia Lummis has indicated that the Senate could take until August to complete work on the CLARITY Act as lawmakers continue assembling the final version of the crypto market structure bill. Speaking with journalist Eleanor Terrett, Lummis said a…
Bitmine Unveils $300M Preferred Stock Plan With 9.5% Dividend, Following Strategy’s Blueprint
Bitmine announces $300M preferred stock offering with 9.5% annual yield, mirroring Strategy's successful model as Ethereum prices hit 14-month lows. The post Bitmine Unveils $300M Preferred Stock Plan With 9.5% Dividend, Following Strategy’s Blueprint appeared first on Blockonomi.
Bitcoin (BTC) Plunges Below $62K as Markets React to Geopolitical Tensions and ETF Outflows
Bitcoin drops under $62K triggering $1.5B crypto liquidations. Stock futures fall on Iran war concerns as Broadcom earnings miss expectations. The post Bitcoin (BTC) Plunges Below $62K as Markets React to Geopolitical Tensions and ETF Outflows appeared first on Blockonomi.
Revolut Eyes U.S. Banking License to Deliver Stablecoins and Federal Deposit Insurance
Revolut is pursuing a U.S. banking charter to offer FDIC-insured deposits, stablecoins, and stock trading. Learn about the OCC application and launch plans. The post Revolut Eyes U.S. Banking License to Deliver Stablecoins and Federal Deposit Insurance appeared first on Blockonomi.
SpaceX IPO: Elon Musk’s Rocket Company Takes $1.29B Bitcoin Stash Public
SpaceX files for $75B IPO at $135/share, bringing 18,712 Bitcoin worth $1.29B to public markets. What this means for cryptocurrency investors. The post SpaceX IPO: Elon Musk’s Rocket Company Takes $1.29B Bitcoin Stash Public appeared first on Blockonomi.
XRP (XRP) Price Alert: Crypto Analyst Predicts Potential Dive to $0.84
XRP trades near $1.22 after touching $1.14. Analyst warns of potential decline to $0.84 Middle Regression Band. Key resistance at $1.20 holds. The post XRP (XRP) Price Alert: Crypto Analyst Predicts Potential Dive to $0.84 appeared first on Blockonomi.
Coinbase Blocks $3M in Crypto Assets Linked to Southeast Asia Fraud Rings
Coinbase froze $3M in cryptocurrency linked to Southeast Asia scam operations. Meta, Microsoft, and Starlink assisted in DOJ effort. 63 arrested. The post Coinbase Blocks $3M in Crypto Assets Linked to Southeast Asia Fraud Rings appeared first on Blockonomi.
Ethereum (ETH) Plunges to $1,800 — Analysts Warn of Deeper Decline Ahead
Ethereum (ETH) falls to $1,814, marking a 14-week low. With $847M in ETF outflows and weak US demand, analysts warn $1,800 may not hold much longer. The post Ethereum (ETH) Plunges to $1,800 — Analysts Warn of Deeper Decline Ahead appeared first on Blockonomi.
Mt. Gox Sends $8M in Bitcoin to Bitstamp, Sparking Market Concerns
Mt. Gox transferred $8.16M in Bitcoin to Bitstamp as BTC fell below $62K. With October 2026 creditor deadline approaching, traders remain cautious. The post Mt. Gox Sends $8M in Bitcoin to Bitstamp, Sparking Market Concerns appeared first on Blockonomi.
Bitmine Targets $300M in Preferred Stock to Stack More ETH, Yields 9.50%
Bitmine Immersion Technologies (NYSE: BMNR) announced plans Wednesday to raise $300 million through a new 9.50% Series A Perpetual Preferred Stock offering, its latest capital markets move to expand the world’s largest corporate ethereum treasury. The Offering The said it company filed a preliminary prospectus supplement with the SEC on June 3, 2026, pricing 3,000,000 […]
Elon Musk poised to become first trillionaire with $1.7T SpaceX IPO
Musk's potential trillionaire status highlights the transformative impact of private space ventures on global wealth dynamics and innovation. The post Elon Musk poised to become first trillionaire with $1.7T SpaceX IPO appeared first on Crypto Briefing.
Solana (SOL) Breaks Below Key Support as Analysts Eye $53 Target
Solana (SOL) drops to $69.53 after losing $77 support. Analysts target $53 as DEX volumes fall 62% and technical indicators turn bearish. The post Solana (SOL) Breaks Below Key Support as Analysts Eye $53 Target appeared first on Blockonomi.
How AI agents can transform DeFi trading without sacrificing user control
AI agents have moved from experimental tools to active participants in financial markets, and Neyro’s Andrew Isaacs has argued that decentralized finance could become one of the sectors where the technology proves its value most clearly. Over recent weeks, several…
CFTC scraps no-deny policy, allows settlements amid denials
The CFTC's policy shift may lead to increased settlements, streamlined regulatory processes, and reduced litigation, impacting market dynamics. The post CFTC scraps no-deny policy, allows settlements amid denials appeared first on Crypto Briefing.
Donald Trump expects progress in Iran talks by week’s end, with crypto markets watching closely
The anticipated progress in Iran talks could reshape geopolitical dynamics, impacting global markets and intensifying crypto regulatory scrutiny. The post Donald Trump expects progress in Iran talks by week’s end, with crypto markets watching closely appeared first on Crypto Briefing.
Worldcoin price surges 62% as Maelstrom sees AI IPO trade in WLD
Worldcoin price jumps 62% weekly as Maelstrom sees WLD reaching $5 by August, citing AI IPO demand, Eightco holdings and unlock cuts ahead.
Coinbase’s x402 has processed over 100 million transactions on Base
Blockchain analytics platform Chainalysis has reported that wallets interacting with Coinbase’s x402 protocol have generated more than 100 million transactions on Base since the payment standard launched, offering one of the clearest signs yet that machine-to-machine payments are beginning to…
Real Finance Partners With Anchorage Digital to Address Fragmented Infrastructure for Institutional On-Chain Capital Markets
Real Finance, the EVM-compatible Layer-1 blockchain that’s purpose-built for real-world asset tokenization, and Anchorage Digital, which is the first federally chartered crypto bank in the United States, announced a strategic partnership alongside a qualified institutional custodian. The goal is to provide the regulated infrastructure necessary for institutional-scale tokenized finance. Battling the Challenge of Industry Fragmentation […]
About 67% of banned Anthropic accounts used AI to prep for cyberattacks
AI firm Anthropic mapped a year’s worth of AI-enabled cyber threats, finding that malicious actors are quickly becoming more dangerous with AI.
Polymarket Upholds ‘No’ Outcome on Bitcoin Sale by Strategy
The Polymarket platform maintained the 'no' outcome on the bet regarding the sale of Strategy's bitcoins until May 31. Earlier, the company reported the sale of 32 BTC from May 26 to May 31, but the information was only published on June 1. The contract volume on Polymarket was approximately $80 million.
Gantz backs US-brokered Israel-Lebanon deal, insists troops stay in Lebanon
Gantz's stance complicates long-term peace prospects, as troop presence in Lebanon suggests limited progress beyond a temporary ceasefire. The post Gantz backs US-brokered Israel-Lebanon deal, insists troops stay in Lebanon appeared first on Crypto Briefing.
Israel and Lebanon agree to ceasefire contingent on Hezbollah halting hostilities
The ceasefire's success could stabilize regional tensions, impacting global markets and influencing geopolitical dynamics in the Middle East. The post Israel and Lebanon agree to ceasefire contingent on Hezbollah halting hostilities appeared first on Crypto Briefing.
Trump downplays Iran war impact, claims economy remains strong
Ignoring economic impacts in military decisions heightens market uncertainty, potentially slowing crypto adoption amid geopolitical tensions. The post Trump downplays Iran war impact, claims economy remains strong appeared first on Crypto Briefing.
SEC’s 2026–2030 Plan Puts Crypto At The Center Of Its Regulatory Agenda
The US Securities and Exchange Commission (SEC) has again pointed to its goal of regulating the cryptocurrency industry in a way that the agency says can both support innovation and protect investors. In a draft plan covering fiscal years 2026 to 2030, the SEC places digital assets at the center of its regulatory agenda and […]
Indians Train Robots and AI with Video Tutorials
Workers in India have started filming first-person videos to train AI and humanoid robots for companies like Tesla and Figure AI. The market for such data ranges from 100 million to 1 billion hours of recordings, and project participants are sometimes unaware of the purpose of the materials.
BitMine to Issue $300 Million in Shares for Ethereum Acquisition
BitMine Immersion Technologies, the largest corporate holder of Ethereum, has filed an application with the U.S. Securities and Exchange Commission to publicly offer 3 million perpetual preferred Series A shares. The nominal value of the shares is $100 each, with the company aiming to raise $300 million. The shares offer a fixed cumulative yield of 9.5% per annum, with weekly cash payments. The net proceeds are intended for general corporate purposes, including the purchase of additional Ethereum and other digital assets, expansion of infrastructure for staking and validation (including MAVAN), increasing working capital, and strategic investments in the ecosystem of the second-largest cryptocurrency by market capitalization. BitMine also considers repurchasing common stock. The firm reserves the right to redeem the new securities in full or in part for cash. In the first 18 months, the price will be 110% of the set value, from 18 months to three years — 105%, and after three years — 100%, plus accrued and unpaid dividends in all cases. Holders can also demand redemption upon significant changes. The company has applied to list the shares on the New York Stock Exchange under the ticker BMNP. Trading is expected to commence within 30 days of issuance. Moelis & Company and Cantor are acting as joint bookrunners. In May, BitMine reported acquiring 111,942 ETH, marking the firm's largest transaction in 2026.
Polymarket upholds ‘No’ ruling in disputed Strategy Bitcoin sale market
Polymarket has finalized a disputed prediction market with a “No” outcome after 98.6% of voting power backed the decision in a final UMA review, despite Strategy disclosing that it sold 32 Bitcoin before the market’s May 31 deadline. According to…
Bitcoin (BTC) Plunges Below $62K Amid Record ETF Withdrawals and $1.5B Liquidation Wave
Bitcoin drops below $62K amid $1.5B liquidations, $1B ETF outflows, and Strategy's first BTC sale in four years. Analysis of the crypto market decline. The post Bitcoin (BTC) Plunges Below $62K Amid Record ETF Withdrawals and $1.5B Liquidation Wave appeared first on Blockonomi.
U.S. House Democrats push FTC probe into prediction market ads
U.S. House Democrats urge FTC to probe prediction markets over ads that frame event contracts as sports betting despite financial-product claims.
US asset managers fall as investors brace for private credit fund updates
Rising redemption requests in private credit funds could trigger asset sales at discounts, impacting institutional investors and market stability. The post US asset managers fall as investors brace for private credit fund updates appeared first on Crypto Briefing.
SpaceX, Anthropic prepare for major US IPOs amid investor scrutiny
The massive IPOs of SpaceX and Anthropic could strain market liquidity, prompting shifts in tech investments and heightened governance scrutiny. The post SpaceX, Anthropic prepare for major US IPOs amid investor scrutiny appeared first on Crypto Briefing.
Andrew Left found guilty of securities fraud, reshaping activist short selling
The conviction may deter aggressive short-selling tactics, prompting stricter scrutiny on activist investors' market influence strategies. The post Andrew Left found guilty of securities fraud, reshaping activist short selling appeared first on Crypto Briefing.
Coinbase Ventures Invests in ENA as Ethena Scales USDe Beyond $1B
Coinbase Ventures has purchased ENA on the open market as Coinbase and Ethena prepare to launch new onchain finance and savings products. The partnership could bring Ethena’s products to Coinbase’s user base of more than 100 million people. Coinbase Ventures Buys ENA as Ethena Targets 100M Coinbase Users Coinbase Ventures has taken a position in […]
Bitcoin’s Massive Plunge Toward $61K Leaves Over $1.6B in Liquidations
Naturally, roughly $1.35 billion out of the entire amount was from longs.
Brandt Warns Bitcoin Could Face 'Terminal Wash-Out'
Legendary chartist Peter Brandt has predicted that Bitcoin could suffer a devastating "terminal wash-out" with no market bottom in sight until October.
Bitcoin Loses Momentum Trade as Capital Rotates Into AI and IPOs
TLDR Bitcoin has dropped over 16% in the past month while the S&P 500 gained approximately 5% over the same period. Schwab’s Ferraioli says crypto investors chase momentum, which has now shifted toward AI stocks and upcoming IPOs. A $1.26 billion block sale of BlackRock’s IBIT ETF signals large investors are exiting BTC near breakeven [...] The post Bitcoin Loses Momentum Trade as Capital Rotates Into AI and IPOs appeared first on Blockonomi.
Bitcoin price slides below $63K as Iran tensions shake crypto markets
Bitcoin price fell below $63K as Iran tensions, ETF outflows and $1.1B liquidations pushed BTC near key support between $60K and $54K.
United States, Israel, and Lebanon agree to ceasefire framework with conditions on Hezbollah withdrawal
The ceasefire framework's success hinges on Hezbollah's compliance, impacting regional stability and future diplomatic negotiations. The post United States, Israel, and Lebanon agree to ceasefire framework with conditions on Hezbollah withdrawal appeared first on Crypto Briefing.
US Trade Representative proposes new tariffs on 12 countries over forced labor concerns
The proposed tariffs could strain international relations and disrupt global supply chains, impacting both adversaries and allies economically. The post US Trade Representative proposes new tariffs on 12 countries over forced labor concerns appeared first on Crypto Briefing.
Ethereum Crashing to 14-Month Low Is a ‘Screaming Buy-The-Dip Opportunity’ – Analyst
Ethereum prices have tanked to their lowest levels for more than a year as the crypto exodus continues.
Coinbase freezes $3M tied to Southeast Asia crypto fraud networks
Authorities around the world have been heavily targeting scam infrastructure this year, with joint actions involving the US, UAE, China, Austria and Albania.
Bitmine eyes dividend-paying preferred shares, echoing Strategy’s playbook
The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday.
Bitcoin Eyeing $60,000 Support As Iran Strikes Hammer Crypto Markets
Bitcoin traders are watching $60,000 after US-listed funds tied to the coin shed $519 million in a single day, extending a run of withdrawals that has shaken the market. The cryptocurrency dipped 4.5% on Wednesday to an intraday low of $65,700 before recovering to around $67,100. Related Reading: WLFI Raises Alert: Sanctioned Wallets Could Trigger […]
Ethereum Whales Sell as Retail Accumulation Hits Record Highs
TLDR: Ethereum retail accumulation addresses have surged to near-record levels in late 2025 and early 2026. ETH SOPR has remained close to 1 for an extended period, reflecting limited fresh capital inflows. NUPL remains above 2018 and 2022 bear market lows, leaving room for further ETH price downside. Binance user deposit addresses stay below bull [...] The post Ethereum Whales Sell as Retail Accumulation Hits Record Highs appeared first on Blockonomi.
Kuwait Petroleum Company estimates 10-12 weeks to restore oil output after Hormuz reopens
Prolonged oil output recovery may sustain high crude prices, impacting inflation and potentially altering crypto market dynamics and rate cut expectations. The post Kuwait Petroleum Company estimates 10-12 weeks to restore oil output after Hormuz reopens appeared first on Crypto Briefing.
Bitmine Immersion Technologies plans $300M preferred stock offering to buy more Ethereum
Bitmine's $300M stock offering highlights the risks of high-yield obligations amid volatile crypto markets and potential financial strain. The post Bitmine Immersion Technologies plans $300M preferred stock offering to buy more Ethereum appeared first on Crypto Briefing.
Lovable signs multi-year deal with Google Cloud to expand usage 5x
Lovable's partnership with Google Cloud could accelerate AI-driven app development, influencing enterprise adoption and innovation in software creation. The post Lovable signs multi-year deal with Google Cloud to expand usage 5x appeared first on Crypto Briefing.
John Lennox: Mathematics reveals a word-based universe, AGI challenges human identity, and transhumanism raises ethical dilemmas | The Diary of a CEO
Exploring AI's potential to redefine human identity and challenge ethical boundaries in the 21st century. The post John Lennox: Mathematics reveals a word-based universe, AGI challenges human identity, and transhumanism raises ethical dilemmas | The Diary of a CEO appeared first on Crypto Briefing.
Wyoming targets AI data centers as Bitcoin mining power race grows
Wyoming set new AI data center rules as demand for power rises and Bitcoin miners expand into data center and HPC hosting markets.
Premier League Crypto Sponsors Under Fire In UK Regulatory Warning
The UK’s financial watchdog has raised concerns to Premier League football clubs about sponsorships with unauthorized crypto firms. UK FCA Has Warned Premier League Football Clubs Over Crypto Sponsors According to a statement from the UK’s Financial Conduct Authority (FCA), the regulator has written to football clubs in the country over concerns about sponsorship deals […]
George Santos Hyped His State of the Union Seat, Then Bet He Wouldn’t Show
Former U.S. congressman George Santos publicly promised he would attend President Trump’s State of the Union address in February, then quietly bet on Kalshi that he would not, according to people familiar with his trades. The prediction market froze his account and referred the case to two federal regulators, both of whom have opened insider-trading […]
SpaceX sets IPO price at $135 per share, targeting $75B raise and record $1.77T valuation
SpaceX's IPO could reshape market dynamics, influencing tech valuations and investor strategies with its unprecedented scale and AI integration. The post SpaceX sets IPO price at $135 per share, targeting $75B raise and record $1.77T valuation appeared first on Crypto Briefing.
Broadcom loses over $250B in market value after revenue forecast disappoints Wall Street
The massive selloff highlights the precarious expectations in the AI semiconductor sector, signaling potential volatility for tech investors. The post Broadcom loses over $250B in market value after revenue forecast disappoints Wall Street appeared first on Crypto Briefing.
Coinbase freezes $3M as DOJ hits Southeast Asia scam networks
Coinbase froze over $3M in crypto as DOJ, Meta, Microsoft and Starlink disrupted Southeast Asia scam networks and 1.4M online accounts.
Benchmark raises two new funds totaling $2 billion, shifts focus to mature startups
Benchmark's shift to larger funds and growth-stage focus may reshape venture capital dynamics, attracting diverse investors and altering risk profiles. The post Benchmark raises two new funds totaling $2 billion, shifts focus to mature startups appeared first on Crypto Briefing.
Cboe sets monthly ADV record of 22M options contracts in May 2026
Cboe's record options volume highlights a shift towards 24/7 trading and increased use of derivatives, impacting market dynamics and revenue. The post Cboe sets monthly ADV record of 22M options contracts in May 2026 appeared first on Crypto Briefing.
Bitcoin flash crash below $62K wipes out $1.8B in leveraged bets
The Bitcoin flash crash highlights the volatility and risks in leveraged crypto trading, potentially impacting investor confidence and market stability. The post Bitcoin flash crash below $62K wipes out $1.8B in leveraged bets appeared first on Crypto Briefing.
Paybis says stablecoins are taking over business payments
Paybis says 22.5% of businesses use or plan stablecoins for cross-border payments as B2B volume reaches 97.8% in early 2026, new data shows.
European Parliament switches to Qwant search engine from Google in tech sovereignty push
The shift to Qwant highlights Europe's strategic move towards tech independence, potentially reshaping the digital landscape and market dynamics. The post European Parliament switches to Qwant search engine from Google in tech sovereignty push appeared first on Crypto Briefing.
Microsoft reports major quantum computing gains with Atom Computing and EeroQ
Microsoft's quantum advancements could accelerate the need for post-quantum cryptography, impacting blockchain security and innovation. The post Microsoft reports major quantum computing gains with Atom Computing and EeroQ appeared first on Crypto Briefing.
Over $7M In Crypto Scams Thwarted As Singapore Launches Second Crackdown
Over $7 million in potential losses has now been stopped across two back-to-back operations after Singapore’s Anti-Scam Centre and Cyber Investigation Branch joined forces with some of the world’s biggest crypto exchanges to intercept scams before victims lost their funds. Related Reading: $52M Ethereum Bet Comes As Tom Lee Says ETH Isn’t Reflecting Its Potential […]
Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%
Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years, Strategy founder Michael Saylor, the man who built […]
Wyoming governor signs executive order to guide AI data center development
Wyoming's AI data center initiative could boost economic growth, energy innovation, and job creation, while balancing resource management. The post Wyoming governor signs executive order to guide AI data center development appeared first on Crypto Briefing.
CFTC scraps no deny rule as crypto enforcement shift deepens
CFTC scraps no-deny settlement rule after SEC's May move, giving defendants more room to dispute agency claims in enforcement cases in 2026.
Broadcom CEO expects AI demand to drive visibility through 2028
AI-driven demand boosts Broadcom's long-term growth prospects, highlighting the transformative impact of AI on the semiconductor industry. The post Broadcom CEO expects AI demand to drive visibility through 2028 appeared first on Crypto Briefing.
NEAR Protocol Surges 89% as On-Chain Buy Pressure Flips
TLDR: NEAR Protocol’s Buy/Sell Pressure Delta crossed from deeply negative to +112.107 at $1.50. Standard chart signals, funding rates, and derivatives gave no warning ahead of NEAR’s move. NEAR Intents now connects 30+ chains, with private transactions making up nearly half of activity. Bitwise NEAR Staking ETP inflows point to growing institutional interest in the [...] The post NEAR Protocol Surges 89% as On-Chain Buy Pressure Flips appeared first on Blockonomi.
CFTC follows SEC in scrapping ‘no-deny’ policy for settlements
CFTC Chairman Mike Selig says the rescission of its “no-deny” policy means it now has more flexibility when settling enforcement actions.
US House approves war powers resolution to halt military action against Iran
The resolution's passage highlights congressional influence on market dynamics, affecting oil prices and crypto volatility amid geopolitical tensions. The post US House approves war powers resolution to halt military action against Iran appeared first on Crypto Briefing.
160 Security Veterans Urge US Senate to Pass CLARITY Act
Concerns over illicit finance remain high after reported crypto-related criminal flows jumped 162% last year.
Bitcoin’s Rising Realized Losses Among Short-Term Investor Coincide With Growing Crypto Exchange Inflows
Over the past few days, the broader cryptocurrency market has flipped extremely bearish, with Bitcoin’s price steadily declining to the $66,000 threshold. Given the heightened volatility, BTC is starting to experience a notable rise in market stress, which is evidenced by increased realized losses and sharp transfers of coins into multiple cryptocurrency exchanges across the […]
Blockchain Association Urges Senate To Pass CLARITY Act With Letter Backed By 160 Ex-Officials
The Blockchain Association, one of the industry’s biggest advocacy groups, urged Senate leadership to move forward on the long-awaited CLARITY Act in a letter sent Tuesday to Senate Majority Leader John Thune and Senate Democratic Leader Chuck Schumer, signed by 160 former national security, intelligence, and law enforcement professionals. The signatories contend that without a […]
SEC Commissioner Challenges Blockchain Oversight Push That Could Shape Crypto Rules
SEC Commissioner Hester Peirce challenged broad oversight of blockchain infrastructure, arguing securities rules should not automatically reach neutral networks, open-source code, or noncustodial tools. Her remarks framed crypto regulation around control, custody, and discretion. Why the SEC’s Blockchain Boundary Fight Could Reshape Crypto Rules A June 3 speech from U.S. Securities and Exchange Commission (SEC) […]
Bitmine files for preferred stock offering with 9.5% yield, targeting $300M to buy more ETH
Bitmine's strategy could amplify financial risk, as its reliance on Ethereum's value and staking yields may impact dividend sustainability. The post Bitmine files for preferred stock offering with 9.5% yield, targeting $300M to buy more ETH appeared first on Crypto Briefing.
Bitcoin’s high-conviction holders sell $2.4B as price falls below $70K for first time since April
The sell-off by high-conviction Bitcoin holders may indicate a late-stage bear market, signaling potential shifts in market dynamics and investor sentiment. The post Bitcoin’s high-conviction holders sell $2.4B as price falls below $70K for first time since April appeared first on Crypto Briefing.
Broadcom CEO confirms 10 gigawatts of AI chip shipments planned for 2027
Broadcom's AI chip expansion highlights the growing demand for specialized compute power, underscoring significant financial and strategic stakes. The post Broadcom CEO confirms 10 gigawatts of AI chip shipments planned for 2027 appeared first on Crypto Briefing.
House votes to end Iran war, rebuking Trump in bipartisan move
The bipartisan vote signals a shift in congressional power dynamics, potentially impacting U.S. foreign policy and military engagement strategies. The post House votes to end Iran war, rebuking Trump in bipartisan move appeared first on Crypto Briefing.
SpaceX seeks $75B IPO that would be the largest in history, filing reveals 18,712 BTC treasury
SpaceX's IPO could reshape market dynamics, highlighting the growing intersection of traditional finance and cryptocurrency investments. The post SpaceX seeks $75B IPO that would be the largest in history, filing reveals 18,712 BTC treasury appeared first on Crypto Briefing.
Bitcoin price drops to $60k, triggering $1.7B in crypto liquidations
The recent Bitcoin price drop and subsequent liquidations highlight increased market volatility and uncertainty, impacting future price predictions. The post Bitcoin price drops to $60k, triggering $1.7B in crypto liquidations appeared first on Crypto Briefing.
Tether launches gold-backed stablecoin Visa card with Fasset, offers 6% cashback in XAUT
The launch could revolutionize financial inclusion in emerging markets, leveraging gold's cultural value and enhancing digital asset utility. The post Tether launches gold-backed stablecoin Visa card with Fasset, offers 6% cashback in XAUT appeared first on Crypto Briefing.
SpaceX targets record $86B IPO, aiming for $1.7T valuation
SpaceX's IPO could redefine market dynamics, influencing tech investment trends and highlighting the growing intersection of space and finance. The post SpaceX targets record $86B IPO, aiming for $1.7T valuation appeared first on Crypto Briefing.
Tesla rolls out unsupervised robotaxis across Austin metro area
Tesla's limited robotaxi rollout highlights challenges in scaling autonomous fleets, impacting investor confidence and market competition dynamics. The post Tesla rolls out unsupervised robotaxis across Austin metro area appeared first on Crypto Briefing.
XRP Falls Sharply as Traders Brace for Deeper Crypto Sell-Off
XRP extended its decline, testing support near the $1.14 level, as heavy long liquidations, persistent selling pressure, and a series of lower highs reinforced the cryptocurrency’s bearish market structure. XRP Price Slides as Selling Pressure Intensifies At 10:09 p.m. on June 3, XRP was trading at $1.15712, extending a sharp decline that has dominated recent […]
Ripple Expands RLUSD Into Turkey as a $200B Crypto Market Signals Bigger Stablecoin Demand
RLUSD, Ripple’s USD-backed stablecoin, has launched in Turkey via local crypto platforms, giving enterprises regulated access to digital dollars. The rollout supports payments, liquidity, collateral management, and tokenization in a market with roughly $200 billion in annual crypto volume. RLUSD Enters Turkey Through Local Platforms Serving Crypto Users Ripple said its USD-backed stablecoin, RLUSD, is […]
Bitcoin Price Plunges Below $62,000, Erasing Months of Recovery as Sell-Off Accelerates
Bitcoin Magazine Bitcoin Price Plunges Below $62,000, Erasing Months of Recovery as Sell-Off Accelerates Bitcoin price has tumbled to its lowest level in months Wednesday night, crashing below $62,000 and wiping out a sharp intraday loss of more than $5,300. This post Bitcoin Price Plunges Below $62,000, Erasing Months of Recovery as Sell-Off Accelerates first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Commerzbank contacts German regulator over UniCredit stake buildup
The situation underscores the complexities of cross-border banking mergers, highlighting regulatory challenges and national economic sensitivities. The post Commerzbank contacts German regulator over UniCredit stake buildup appeared first on Crypto Briefing.
SpaceX wins 35-year tax exemption for $55B AI chip plant as Grimes County residents push back
The tax exemption for SpaceX's AI chip plant highlights tensions between economic incentives and local community concerns over environmental and infrastructural impacts. The post SpaceX wins 35-year tax exemption for $55B AI chip plant as Grimes County residents push back appeared first on Crypto Briefing.
Geoffrey Hinton: AI may already be conscious, superintelligence is expected in two decades, and rapid advancements are reshaping mathematics | Big Technology
AI chatbots may already possess consciousness, challenging our understanding of intelligence and sparking ethical debates. The post Geoffrey Hinton: AI may already be conscious, superintelligence is expected in two decades, and rapid advancements are reshaping mathematics | Big Technology appeared first on Crypto Briefing.
$1.2B Liquidated as Bitcoin Tests $62.5K Support Amid Sharp Crypto Selloff
Bitcoin hovered under the $63,000 mark late June 3 after a steep selloff erased more than $1.2 billion in leveraged crypto positions during the past 24 hours. Data from Coinglass shows total liquidations reached approximately $1.12 billion over the last day, with long traders absorbing the overwhelming majority of the damage. Nearly $949 million in […]
Broadcom shares fall 4% despite record $22B revenue and 143% AI chip growth
Despite impressive AI growth, Broadcom's stock dip highlights market skepticism about sustaining momentum and meeting ambitious future targets. The post Broadcom shares fall 4% despite record $22B revenue and 143% AI chip growth appeared first on Crypto Briefing.
US business groups urge government to boost memory chip supply amid AI boom
The AI-driven memory chip demand surge risks economic disruption, prompting calls for policy intervention to stabilize supply and prices. The post US business groups urge government to boost memory chip supply amid AI boom appeared first on Crypto Briefing.
SpaceX targets $1.8T valuation in historic IPO, solidifying Musk’s control
SpaceX's IPO could reshape market dynamics, concentrating power with Musk while potentially impacting tech and growth stock allocations. The post SpaceX targets $1.8T valuation in historic IPO, solidifying Musk’s control appeared first on Crypto Briefing.
Steve Hilton’s strong showing signals shift in California primary
Hilton's rise may reshape California's political landscape, challenging Democratic dominance and influencing future electoral strategies. The post Steve Hilton’s strong showing signals shift in California primary appeared first on Crypto Briefing.
Robert Kiyosaki Asks How Government Taking 40% of Your Money Still Ends up Trillions in Debt
Robert Kiyosaki questioned how a government that takes “40% of everyone’s money” can still accumulate massive debt. The Rich Dad Poor Dad author pointed to America’s growing debt burden, arguing that strong tax collections have not prevented Washington from borrowing heavily. Rich Dad Poor Dad Author Turns a 40% Tax Claim Into a Debt Warning […]
Trump administration seeks to end Russian oil waivers as soon as possible, Rubio tells Senate
Ending Russian oil waivers could spike global oil prices, impacting inflation, monetary policy, and reducing demand for speculative assets. The post Trump administration seeks to end Russian oil waivers as soon as possible, Rubio tells Senate appeared first on Crypto Briefing.
Dogecoin Price Just Entered A Critical Level, But Analyst Says It’s Not Time To Buy
Dogecoin has returned to a major long-term level on the monthly chart, setting up another important test for the meme coin after months of weak price action. The setup was initially noted by crypto analyst Trader Tardigrade on X, who argued that DOGE is now sitting at a critical resistance zone where previous rallies have […]
Bitcoin crashes under $63,000 amid market volatility: WatcherGuru
The Bitcoin price drop signals increased market caution and uncertainty, potentially impacting investor confidence and future price recovery. The post Bitcoin crashes under $63,000 amid market volatility: WatcherGuru appeared first on Crypto Briefing.
BlackRock Investment Institute maintains overweight US equities stance ahead of midyear forum
BlackRock's stance on US equities highlights AI's transformative economic impact, potentially reshaping global investment strategies. The post BlackRock Investment Institute maintains overweight US equities stance ahead of midyear forum appeared first on Crypto Briefing.
Bitcoin falls below $64,000, triggers $1.1B in liquidations
The drop in Bitcoin's price highlights increased market volatility and uncertainty, potentially affecting future investment and regulatory landscapes. The post Bitcoin falls below $64,000, triggers $1.1B in liquidations appeared first on Crypto Briefing.
Federal Reserve’s Logan flags investment slowdown in border regions as USMCA review looms
Investment slowdown in border regions may signal broader economic uncertainty, potentially impacting trade dynamics and regional growth. The post Federal Reserve’s Logan flags investment slowdown in border regions as USMCA review looms appeared first on Crypto Briefing.
Stanford study finds AI lawyers outperform law professors in reasoning about 75% of the time
AI's superior legal reasoning could reshape the legal industry, impacting staffing, smart contract auditing, and regulatory compliance efficiency. The post Stanford study finds AI lawyers outperform law professors in reasoning about 75% of the time appeared first on Crypto Briefing.