Italy industrial production rises 1% in April, beating estimates and signaling economic recovery
Italy's industrial growth may boost European economic confidence, potentially influencing rate expectations and global capital flows. The post Italy industrial production rises 1% in April, beating estimates and signaling economic recovery appeared first on Crypto Briefing.
Tax Proposals for Digital Assets Spark Debate in Congress
The U.S. House of Representatives' tax committee held hearings on a package of initiatives concerning the taxation of digital assets. Lawmakers discussed six bills, one draft project, and an amendment to two initiatives. The package addresses tax reporting for small transactions, mining and staking, donations in digital assets, voluntary disclosure of violations, and the application of anti-abuse rules to the market. According to The Block, the hearings revealed disagreements over the timeline for advancing the initiatives. Republicans emphasize the need for clear rules, while some Democrats pointed out the risks of abuse, including the deferral of taxation on mining and staking income.
ServiceNow patches vulnerability exploited against some customers
The incident highlights growing security risks for SaaS providers, potentially impacting customer trust and financial stability. The post ServiceNow patches vulnerability exploited against some customers appeared first on Crypto Briefing.
Europe gains major slot for PGL Singapore, Americas loses one
The slot reallocation underscores Europe's dominance in CS2, potentially intensifying regional rivalries and reshaping global competitive dynamics. The post Europe gains major slot for PGL Singapore, Americas loses one appeared first on Crypto Briefing.
Trump regulators propose new rules for prediction markets
The proposed rules could enhance market stability and investor confidence, potentially boosting U.S. competitiveness in global prediction markets. The post Trump regulators propose new rules for prediction markets appeared first on Crypto Briefing.
Oracle revenue growth surges from cloud services amid AI demand
Oracle's AI-driven cloud revenue surge highlights a pivotal shift in enterprise priorities, underscoring AI's critical role in future tech landscapes. The post Oracle revenue growth surges from cloud services amid AI demand appeared first on Crypto Briefing.
New York DFS updates stablecoin regime ahead of GENIUS Act rollout
New York financial regulators have moved to update the state’s stablecoin rules as the federal government prepares to implement the GENIUS Act, a law that will reshape how payment stablecoins are supervised across the United States. The New York State…
BEAT price rallies 28% as Audiera extends its 343% weekly gain
Audiera price rises 28% to $5.44 as BEAT ranks among the top crypto gainers, while $4.2 million in short liquidations and an RSI of 94.54 increase pullback risk.
Iran targets US bases in Jordan and Gulf after Trump orders strikes near Hormuz
The escalation risks destabilizing regional security, impacting global oil markets, and increasing scrutiny on crypto transactions linked to Iran. The post Iran targets US bases in Jordan and Gulf after Trump orders strikes near Hormuz appeared first on Crypto Briefing.
Bank of Japan Governor Kazuo Ueda reportedly hospitalized, but verified details remain elusive
Unverified reports of BOJ Governor Ueda's hospitalization highlight the fragility of market stability amid leadership uncertainties. The post Bank of Japan Governor Kazuo Ueda reportedly hospitalized, but verified details remain elusive appeared first on Crypto Briefing.
Barcelona opts not to activate €30M buy option for Marcus Rashford
Barcelona's decision not to buy Rashford highlights financial prioritization, impacting both their squad strategy and Manchester United's planning. The post Barcelona opts not to activate €30M buy option for Marcus Rashford appeared first on Crypto Briefing.
XRP, XLM, and LINK Get Featured in Brand New Nasdaq CME Crypto Index, Alongside Bitcoin
CME Group and Nasdaq expand regulated crypto offerings, adding XRP, XLM, and LINK to their new flagship index.
Manchester United confirms departures of Casemiro, Sancho, and Malacia in squad overhaul
Manchester United's squad overhaul could lead to strategic reinvestment opportunities, potentially reshaping the team's competitive dynamics. The post Manchester United confirms departures of Casemiro, Sancho, and Malacia in squad overhaul appeared first on Crypto Briefing.
CrowdStrike warns of rising cyberattacks from China targeting AI
Escalating cyberattacks on AI assets highlight the urgent need for enhanced cybersecurity measures to protect technological innovation globally. The post CrowdStrike warns of rising cyberattacks from China targeting AI appeared first on Crypto Briefing.
Norwegian squad brings 300 kg of fish, 116 kg of cheese to World Cup
Norway's culinary strategy at the World Cup highlights the importance of cultural familiarity and psychological comfort in high-pressure environments. The post Norwegian squad brings 300 kg of fish, 116 kg of cheese to World Cup appeared first on Crypto Briefing.
Hungary’s World Cup squad spotlights NB I talent as crypto crossover opportunities linger
Hungary's World Cup squad highlights domestic talent, potentially boosting crypto fan engagement amid regulatory shifts and digital innovation. The post Hungary’s World Cup squad spotlights NB I talent as crypto crossover opportunities linger appeared first on Crypto Briefing.
Whale 0x97f8 takes profits on $148M SP500 short position on Hyperliquid
The successful on-chain trade highlights the growing influence of decentralized platforms in macroeconomic market strategies. The post Whale 0x97f8 takes profits on $148M SP500 short position on Hyperliquid appeared first on Crypto Briefing.
Starbucks (SBUX) Stock Climbs on Reports of Potential Japan Business Sale
Starbucks (SBUX) stock rises 2.73% on reports of a potential $2.5-3 billion Japan stake sale, mirroring its recent China business divestment strategy. The post Starbucks (SBUX) Stock Climbs on Reports of Potential Japan Business Sale appeared first on Blockonomi.
XRP Slips Toward $1.10 as Ripple Taps RLUSD to Fund Safe Water for Millions
XRP is trading on shaky ground near $1.11 as a fresh selloff threatens to drag it under $1.10, even as Ripple puts its RLUSD stablecoin to work funding clean-water access for millions of people. A Price on Shaky Ground XRP has slipped into a precarious technical setup, breaking below a bullish trendline support at $1.1620 […]
Iran’s soccer team allowed entry to US before World Cup matches
Iran's entry highlights the complex interplay of sports and geopolitics, underscoring challenges in international relations and global events. The post Iran’s soccer team allowed entry to US before World Cup matches appeared first on Crypto Briefing.
BizLink acquires Blackstone’s Interplex Datacom for $850M to boost data center capabilities
BizLink's acquisition could significantly enhance its role in the AI data center supply chain, impacting market dynamics and competition. The post BizLink acquires Blackstone’s Interplex Datacom for $850M to boost data center capabilities appeared first on Crypto Briefing.
TensorWave raises $100M Series A led by AMD Ventures, eyes multi-gigawatt AI infrastructure buildout
TensorWave's funding and AMD partnership could disrupt Nvidia's dominance, fostering competition and innovation in AI infrastructure. The post TensorWave raises $100M Series A led by AMD Ventures, eyes multi-gigawatt AI infrastructure buildout appeared first on Crypto Briefing.
BYD chairman aims for company to become world’s largest automaker in 5 years
BYD's ambitious growth strategy could reshape global auto industry dynamics, challenging established players and influencing market competition. The post BYD chairman aims for company to become world’s largest automaker in 5 years appeared first on Crypto Briefing.
Tottenham confirms Yves Bissouma leaves as free agent after turbulent spell
Tottenham's decision to release Bissouma highlights the club's shift towards aligning player roles with managerial vision, despite financial losses. The post Tottenham confirms Yves Bissouma leaves as free agent after turbulent spell appeared first on Crypto Briefing.
Taiwan fires US-supplied HIMARS into waters facing China in first live-fire test
Taiwan's HIMARS test underscores rising tensions, highlighting potential economic disruptions and geopolitical instability in the region. The post Taiwan fires US-supplied HIMARS into waters facing China in first live-fire test appeared first on Crypto Briefing.
Shin-Etsu to establish rare-earth smelter in Japan to reduce reliance on China
Shin-Etsu's new smelter could enhance Japan's supply chain resilience, reducing geopolitical risks and fostering technological independence. The post Shin-Etsu to establish rare-earth smelter in Japan to reduce reliance on China appeared first on Crypto Briefing.
X introduces memory feature to proactively notify users of Community Notes corrections
X's proactive notifications could enhance misinformation control, but declining contributor engagement may limit its effectiveness and credibility. The post X introduces memory feature to proactively notify users of Community Notes corrections appeared first on Crypto Briefing.
Antonio Rüdiger’s contract renewal with Real Madrid finalized, announcement delayed
Rdiger's extended stay at Real Madrid ensures defensive stability, reflecting strategic squad management amid leadership transitions. The post Antonio Rüdiger’s contract renewal with Real Madrid finalized, announcement delayed appeared first on Crypto Briefing.
Wintermute Highlights Weak Capital Inflow into Bitcoin
Following Bitcoin's drop below $62,000, there are no signs of capital returning to digital assets. Analysts at Wintermute linked the correction to institutional sales and outflows from ETFs. Source: X/Wintermute. Over the week, Bitcoin lost about 14% and fell to the lows of September 2024. Experts do not consider the current position of the asset to be a confirmed market bottom. In their view, a reversal requires sustained buying pressure. Wintermute also mentioned the sale of 32 BTC by Strategy between May 26 and 31. The company described this volume as insignificant but noted the symbolic significance of the transaction — it was the firm's first Bitcoin sale since 2022. According to analysts, the main market pressure is due to weakened demand. After May 30, US spot Bitcoin ETFs showed 10 consecutive sessions of net outflows, with cumulative net losses during this period amounting to about $2.97 billion. The total outflow for May reached $2.43 billion — the worst monthly figure of 2026. Wintermute also referred to data from its own OTC terminal: retail investors have recently been net sellers, shifting to stocks. American institutions have taken a bearish stance in recent days, while flows in Asia and Europe remained balanced. Analysts noted the weak technical support in the $50,000–$59,000 range, as Bitcoin quickly moved through this zone during its rise in 2024. The company added that some long-term capital is gradually building positions at current levels, but for a confirmed reversal, the market needs a return of sustained inflows.
Reuters: SpaceX IPO Demand Surpasses $250 Billion
Demand for Elon Musk's SpaceX IPO has exceeded $250 billion, reaching nearly four times oversubscription, according to Reuters, citing its sources. The company plans to raise about $75 billion by offering 555 million Class A shares at $135 each. Agency sources stated that the current level of oversubscription is 3.5-4 times the planned deal size. Reuters emphasized that these figures reflect indicative interest from institutional investors, including large orders from long-term funds, and may change. Musk participated in several Zoom meetings with potential buyers, one of the agency's sources noted. SpaceX continues its marketing efforts. Company President Gwynne Shotwell and CFO Bret Johnsen, according to sources, are expected to attend a luncheon for institutional investors at Morgan Stanley's Manhattan office, organized by the bank's co-president Dan Simkovic. The offering occurs amid extreme market volatility. On June 10, the Nasdaq Composite traded down after its largest one-day drop in over a year, while Bitcoin fell 2.8%, sitting 37% below its January peak. Some analysts suggested that one factor in the market's decline could be asset sales by buyers freeing up liquidity to participate in the SpaceX IPO. In May, SpaceX filed a public IPO application with the SEC. According to the S-1 form, as of March 31, the firm held 18,712 BTC, acquired for $661 million.
Glassnode Detects Signs of Capitulation Among XRP Holders
According to Glassnode, XRP holders are increasingly selling the asset at a loss. The 90-day average realized profit-to-loss ratio has dropped to 0.38, meaning for every $1 of losses, there is only $0.38 of profit, reports CoinDesk. At its peak in 2025, the ratio reached 50. Glassnode estimates that a drop below 1 indicates a dominance of loss-making sales and signs of market participant capitulation. At the time of publication, XRP was trading around $1.11, down nearly 40% since the beginning of the year and significantly below the July high of over $3.60.
Oracle (ORCL) Earnings Report: Analysts Anticipate Strong Q4 Results Today
Oracle (ORCL) reports Q4 earnings Wednesday. Analysts forecast $1.97 EPS, $19.1B revenue, and cloud infrastructure surge of 90.8% amid massive OCI backlog. The post Oracle (ORCL) Earnings Report: Analysts Anticipate Strong Q4 Results Today appeared first on Blockonomi.
Warner Bros. Discovery (WBD) Stock Slides to Three-Month Low Amid Merger Regulatory Hurdles
Warner Bros. Discovery (WBD) stock fell to $26.24, 17% below the $31 deal price, as the Paramount merger faces EU and state attorney general scrutiny. The post Warner Bros. Discovery (WBD) Stock Slides to Three-Month Low Amid Merger Regulatory Hurdles appeared first on Blockonomi.
Robinhood (HOOD) Stock: Director Injects $20M as Company Gains IPO Underwriting Authority
Robinhood (HOOD) director Meyer Malka buys $20M in shares as the company receives approval to underwrite IPOs. Wall Street analysts target $99.38. The post Robinhood (HOOD) Stock: Director Injects $20M as Company Gains IPO Underwriting Authority appeared first on Blockonomi.
Memory Chip Stocks Rally as Analysts Forecast Supercycle Through 2028
Memory chip stocks climb as UBS and Mizuho predict AI-fueled supercycle. WFE revenue could reach $250B by 2028 with major price target upgrades across sector. The post Memory Chip Stocks Rally as Analysts Forecast Supercycle Through 2028 appeared first on Blockonomi.
Ant International targets $10 billion valuation in planned funding round
Ant International has weighed a $1 billion fundraising round at a valuation of at least $10 billion as the Singapore-based fintech unit posts eight straight quarters of profitability and expands its cross-border payments business. According to Bloomberg, Ant Group’s overseas…
XRP, ADA, SOL Crash Again as BTC Price Slumps to $61K: Market Watch
SIREN has plummeted by over 35% in the past 24 hours. Many altcoins follow suit.
Japan’s SBI Bank Expands Crypto Push With BTC, ETH, XRP Rewards Program For Depositors
The banking arm of Japanese financial giant SBI Holdings is reportedly launching a crypto rewards program for depositors as part of a broader push to expand its digital assets business. Related Reading: ‘Time For CLARITY Act’: Over 200 Crypto Organizations Push For Senate Vote SBI Shinsei Launches BTC, ETH, XRP Rewards SBI Shinsei Bank, the […]
Suez Canal oil tanker crossings surge nearly 30% in April as Hormuz crisis reshapes global shipping
The shift in oil tanker routes to the Suez Canal highlights vulnerabilities in global energy logistics, impacting commodity prices and inflation. The post Suez Canal oil tanker crossings surge nearly 30% in April as Hormuz crisis reshapes global shipping appeared first on Crypto Briefing.
UK government takes stakes in Kraken, Wayve, and Oxford Quantum Circuits to retain high-growth startups
The UK's strategic investments in tech startups could bolster domestic innovation, but inconsistent support may deter broader investor confidence. The post UK government takes stakes in Kraken, Wayve, and Oxford Quantum Circuits to retain high-growth startups appeared first on Crypto Briefing.
Waymo builds benchmark model for robotaxi crash comparisons
Waymo's benchmark model could redefine AV safety standards, influencing regulatory frameworks and public trust in autonomous technology. The post Waymo builds benchmark model for robotaxi crash comparisons appeared first on Crypto Briefing.
Botanix to wind down Bitcoin Layer 2 network, urges asset withdrawal by July 9
The shutdown highlights the challenges of sustaining Layer 2 networks without token incentives, impacting future Bitcoin scalability solutions. The post Botanix to wind down Bitcoin Layer 2 network, urges asset withdrawal by July 9 appeared first on Crypto Briefing.
IRGC launches missile and drone attacks on US bases, military escalation rattles crypto markets
The escalation may lead to prolonged crypto market volatility and influence global economic policies due to potential oil price shocks. The post IRGC launches missile and drone attacks on US bases, military escalation rattles crypto markets appeared first on Crypto Briefing.
Quantum X Labs and IQCC to Test AI Decoder
Quantum X Labs announced a partnership with IQCC, a research platform of Quantum Machines. The parties plan to evaluate an AI-based quantum error correction system in an integrated software-hardware environment, according to a press release. The key element of the project will be the Deep Transformer Decoder—an algorithm designed to analyze measurement data on potential errors in the quantum system and select corrective actions. Such decoders are considered crucial for future fault-tolerant quantum computers. What Will Be Tested Quantum X Labs will test the AI decoder on the quantum control infrastructure of Quantum Machines. IQCC will provide access to its systems, including the OPX1000 real-time controller. The trials aim to demonstrate the suitability of the development for future quantum error correction processes. The parties did not disclose timelines, technical metrics, financial terms, or success criteria for the tests. Nir Sharon, Head of Quantum Technologies at Quantum X Labs, described the collaboration as a step towards testing the decoder on real quantum equipment data. According to him, IQCC's infrastructure will allow the technology to be evaluated in conditions close to practical application. Nir Alfasi, General Manager of IQCC, noted that quantum error correction remains one of the key challenges on the path to large-scale quantum computing. Why a Decoder is Needed Qubits are sensitive to noise and quickly accumulate errors. To build a fault-tolerant quantum computer, the system must be taught to detect them and quickly determine how to fix them. Additional measurements are used for this purpose: they do not show the quantum state directly but indicate possible errors. The decoder analyzes this data and decides which corrections the system should apply. The challenge is that decisions need to be made very quickly. If processing takes too long, errors continue to accumulate, and the computation loses reliability. Therefore, not only algorithms but also low latency between the quantum processor, classical computations, and the control system are important for correction. Why IQCC The Israeli Quantum Computing Center was opened in June 2024 at Tel Aviv University with support from the Israel Innovation Authority. The center is designed as a platform for testing quantum processors, algorithms, and control systems. According to Quantum Machines, IQCC integrates several types of quantum computers, classical computing resources, and cloud access. The center also utilizes the OPX1000—a controller designed for scaling and real-time processing tasks. Previously, Quantum X Labs announced work on an error correction decoder based on transformer architecture. In May, the company stated that it had integrated Google's public Quantum AI dataset into its Error Correction Transformer and also announced a neutral atom platform with over 50 physical qubits. No independent test results are available yet. In May, it was reported that machine learning is already being used to optimize error correction—one of the main barriers to creating scalable quantum computers.
SK Hynix Eyes August U.S. Debut With Massive $14B ADR Offering
SK Hynix targets August U.S. listing via ADRs with $14B raise potential. SEC approval expected June 22. Stock up 240% YTD with $1T market cap. The post SK Hynix Eyes August U.S. Debut With Massive $14B ADR Offering appeared first on Blockonomi.
Super Micro Computer (SMCI) Stock Plunges 9% on $7B Capital Raise Announcement
Super Micro (SMCI) stock dropped 9% after-hours on a $7B equity raise announcement, despite reporting $39B in AI server orders from major customers. The post Super Micro Computer (SMCI) Stock Plunges 9% on $7B Capital Raise Announcement appeared first on Blockonomi.
Crude Oil Markets Stabilize Around $91 Amid Renewed U.S.-Iran Tensions
Oil stabilizes near $91 as U.S.-Iran military strikes escalate and crude inventories drop 9.12M barrels, significantly exceeding forecasts. The post Crude Oil Markets Stabilize Around $91 Amid Renewed U.S.-Iran Tensions appeared first on Blockonomi.
Can Humanity Protocol price recover after a 74% weekly crash?
Humanity Protocol price rebounds 23% after a $36M exploit, but bearish momentum, falling open interest and a June unlock may limit recovery.
World Cup 2026 Prediction Markets Now Live on Whale.io with $90K in Prizes
[PRESS RELEASE – Mahe, Seychelles, June 10th, 2026] Whale.io has launched native Prediction Markets for the 2026 World Cup, giving players direct access to match betting backed by a combined $90,000 prize pool – including a $40,000 USDT raffle and five weeks of $10,000 weekly sports tournaments. Whale.io is giving users the chance to turn […]
Nearly 42,000 new tokens launched on Solana in 24 hours, led by Pump.fun
The surge in token launches on Solana via Pump.fun highlights the platform's impact on crypto markets, but low survival rates pose investment risks. The post Nearly 42,000 new tokens launched on Solana in 24 hours, led by Pump.fun appeared first on Crypto Briefing.
Reserve Bank of India updates foreign investment framework to unlock billions in capital inflows
The updated framework could significantly boost India's financial markets by attracting more foreign capital, enhancing economic growth prospects. The post Reserve Bank of India updates foreign investment framework to unlock billions in capital inflows appeared first on Crypto Briefing.
XRP ETF Beats Bitcoin, Solana and Ethereum Products: But Why Does Price Struggle?
XRP overtakes Solana, Bitcoin and Ethereum on ETF market, even though the price is yet to follow the trend.
Humanity Protocol Suffers $36M Hack Through Compromised Employee Device
Humanity Protocol suffered a $36M breach after an employee laptop exposed private keys, causing H token to crash 85%. Full breakdown of the attack. The post Humanity Protocol Suffers $36M Hack Through Compromised Employee Device appeared first on Blockonomi.
Trump’s Crypto Deals May Have Increased The Family Fortune By $2 Billion—At Investors’ Expense
A new investigation by Reuters alleges that the Trump family has generated $2.3 billion from its four main crypto ventures, while investors in those projects have absorbed losses of a similar magnitude, amounting to roughly $2.3 billion, including paper losses, by the end of April. World Liberty Sales The investigation describes World Liberty Financial’s token […]
Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Billion From Crypto
Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines […]
US nears long-term nuclear deal with Iran, says VP Vance
A long-term US-Iran nuclear deal could stabilize global oil prices, reduce geopolitical tensions, and reshape crypto regulatory narratives. The post US nears long-term nuclear deal with Iran, says VP Vance appeared first on Crypto Briefing.
UAE condemns Iranian attacks on Bahrain, Kuwait, and Jordan as crypto markets lose $700M in hours
Geopolitical tensions heighten market volatility, impacting investor sentiment and potentially influencing central bank policies amid inflation concerns. The post UAE condemns Iranian attacks on Bahrain, Kuwait, and Jordan as crypto markets lose $700M in hours appeared first on Crypto Briefing.
Sandstone Secures $30 Million for AI Platform
Startup Sandstone has raised $30 million in a Series A round led by Lightspeed Venture Partners. The funds will be used to support corporate clients, hire staff, and develop a community of in-house lawyers. Sandstone is developing an AI platform for in-house legal departments: it assists in gathering requests from Slack, email, and Jira, distributing tasks, and initiating processes for document preparation, review, and legal analysis.
Cardano ADA On-Chain Metrics Signal Dormant Wallet Activity Amid 25% Weekly Price Drop
TLDR: ADA Age Consumed hit its largest spike since April amid a 25% weekly price decline to $0.1605. Mean Dollar Invested Age paused after a steady climb, signaling older coins re-entered circulation. Santiment says Age Consumed clusters near key turning points but stopped short of a reversal call. Cardano Foundation signed a three-year deal with [...] The post Cardano ADA On-Chain Metrics Signal Dormant Wallet Activity Amid 25% Weekly Price Drop appeared first on Blockonomi.
Is Bitcoin Cheap? Grayscale Weighs in
A new Grayscale report suggests the cryptocurrency is technically undervalued.
FIFA Taps Kraken as Official Cryptocurrency Partner for 2026 World Cup
Kraken becomes Official Crypto Exchange Supporter of FIFA World Cup 2026, bringing digital asset education to 6 billion viewers across three nations. The post FIFA Taps Kraken as Official Cryptocurrency Partner for 2026 World Cup appeared first on Blockonomi.
Ripple Transfers 50M XRP Worth $59M to Binance Wallets — What It Means
Ripple transferred 50 million XRP ($59M) to Binance wallets. On-chain analysis shows liquidity operations as XRP holds above $1.16 support level. The post Ripple Transfers 50M XRP Worth $59M to Binance Wallets — What It Means appeared first on Blockonomi.
Manchester United leads race for RB Leipzig’s Castello Lukeba, priced at €60M-€65M
Manchester United's pursuit of Lukeba could intensify competition in the transfer market, impacting player valuations and club strategies. The post Manchester United leads race for RB Leipzig’s Castello Lukeba, priced at €60M-€65M appeared first on Crypto Briefing.
SpaceX IPO could refinance 8% of the US current-account deficit in a single day
SpaceX's IPO could significantly boost US capital inflows, highlighting the growing influence of tech giants on global financial markets. The post SpaceX IPO could refinance 8% of the US current-account deficit in a single day appeared first on Crypto Briefing.
US nearing long-term nuclear deal with Iran, VP Vance reports
A US-Iran nuclear deal could pivot regional dynamics from military tensions to diplomatic engagement, fostering stability and cooperation. The post US nearing long-term nuclear deal with Iran, VP Vance reports appeared first on Crypto Briefing.
EU targets head of Russian Orthodox Church with sanctions after Hungary drops four-year veto
Hungary's policy shift enhances EU unity, potentially strengthening future sanctions and reducing Russia's ability to bypass oil restrictions. The post EU targets head of Russian Orthodox Church with sanctions after Hungary drops four-year veto appeared first on Crypto Briefing.
EU eyes ban on foreign crypto services linked to Russia sanctions evasion
The European Commission has proposed sanctions on 20 non-EU entities, including crypto platforms, as part of a new package that could introduce the bloc’s first country-level ban on foreign crypto services linked to Russian sanctions evasion. According to the European…
US government works to release energy reserves, boost gas sales to ASEAN
The US's strategic energy initiatives could reshape Southeast Asia's energy landscape, offering growth opportunities for investors and exporters. The post US government works to release energy reserves, boost gas sales to ASEAN appeared first on Crypto Briefing.
Ant Group considers raising $1B to accelerate international growth
Ant Group's potential $1B fundraising could significantly enhance its global fintech influence, leveraging blockchain and AI for financial inclusivity. The post Ant Group considers raising $1B to accelerate international growth appeared first on Crypto Briefing.
Kazakhstan slashes 2026 oil production forecast to 98 million tons amid pipeline and field disruptions
Kazakhstan's reduced oil output may strain global markets, potentially raising prices and impacting its economic diversification efforts. The post Kazakhstan slashes 2026 oil production forecast to 98 million tons amid pipeline and field disruptions appeared first on Crypto Briefing.
Xpeng CEO He Xiaopeng takes personal control of robotics unit, targets IRON robot mass production by year-end
Xpeng's strategic shift towards robotics could redefine its market position, potentially impacting its EV focus and long-term revenue streams. The post Xpeng CEO He Xiaopeng takes personal control of robotics unit, targets IRON robot mass production by year-end appeared first on Crypto Briefing.
Italy industrial production rises 1% in April, beating estimates and signaling economic recovery
Italy's industrial growth may boost European economic confidence, potentially influencing rate expectations and global capital flows. The post Italy industrial production rises 1% in April, beating estimates and signaling economic recovery appeared first on Crypto Briefing.
Trump pressures Netanyahu to halt Iran attack, threatens isolation
Trump's intervention highlights the fragile balance of geopolitical tensions, impacting global markets and emphasizing crypto's volatility. The post Trump pressures Netanyahu to halt Iran attack, threatens isolation appeared first on Crypto Briefing.
BYD abandons $1B Türkiye factory project, shifts focus to Hungary
BYD's shift to Hungary highlights the complexities of localization and evolving EU trade dynamics, impacting Chinese automakers' strategies. The post BYD abandons $1B Türkiye factory project, shifts focus to Hungary appeared first on Crypto Briefing.
OpenAI in talks to lease 10GW AI data center in Ohio as Nvidia discusses credit support
OpenAI's Ohio data center plan highlights AI's growing infrastructure needs, posing financial risks and environmental challenges. The post OpenAI in talks to lease 10GW AI data center in Ohio as Nvidia discusses credit support appeared first on Crypto Briefing.
SpaceX IPO nears 4 times oversubscribed, squeezing crypto and tech
Tech stocks and crypto are selling off in a “classic pre-mega-IPO liquidity squeeze,” say analysts.
Kalshi Tightens Insider Trading Controls with Employer Verification
The Kalshi platform introduced mandatory employer verification for traders in markets with heightened risks of insider trading and manipulation. The company will now assign a risk score to new markets. This score considers corporate events and metrics, potential impact on trading outcomes, market significance, regulatory restrictions, unconventional insider information, and national security aspects. If a market receives a high-risk rating, the platform requests employer information from the user. Kalshi then checks whether the trader might have access to significant non-public information and, if necessary, restricts their participation. Market pages now also feature tools for reporting suspicious activity. The changes took effect immediately. Kalshi also disclosed enforcement statistics for the first quarter. According to the platform, over 150 investigations were conducted, more than 100 potential insider trades were prevented, over 20 referrals were made to law enforcement, and five disciplinary actions were taken. Back in May, Vice President of Software Development at Polymarket Josh Stevens denied rumors about mandatory verification for all users.
SpaceX IPO Draws $250B in Demand — Are Crypto and Tech Markets Paying the Price?
SpaceX IPO attracts $250B demand at 4x oversubscription. Crypto markets drop $180B as exchanges launch pre-IPO futures amid liquidity concerns. The post SpaceX IPO Draws $250B in Demand — Are Crypto and Tech Markets Paying the Price? appeared first on Blockonomi.
BREAKING – Bitcoin Drops As Trump Orders Retaliatory Strikes On Iran
Iran’s deputy foreign minister pushed back on Monday, saying Tehran had nothing to do with deliberately bringing down the American helicopter, suggesting what happened could have been an unintended consequence of heightened tensions in the region. That denial, however, did not stop US President Donald Trump from ordering a military response — and crypto markets […]
Dogecoin (DOGE) Surges as Whales Acquire 200M Tokens While MoonPay Expands to 6K Stores
Dogecoin (DOGE) shows bullish signals at $0.081 with 200M tokens accumulated by whales and MoonPay bringing DOGE payments to 6,000+ merchants. The post Dogecoin (DOGE) Surges as Whales Acquire 200M Tokens While MoonPay Expands to 6K Stores appeared first on Blockonomi.
Kalshi Rolls Out Stricter Insider Trading Controls Following High-Profile Criminal Cases
Kalshi introduces employer verification and risk scoring for insider trading prevention after criminal cases involving a Google engineer and U.S. soldier. The post Kalshi Rolls Out Stricter Insider Trading Controls Following High-Profile Criminal Cases appeared first on Blockonomi.
Will Nasdaq CME crypto index futures change how institutions invest in crypto?
CME Group has launched a market-cap-weighted cryptocurrency futures contract tied to eight digital assets, giving institutional investors a single regulated product for gaining exposure to a large portion of the crypto market. According to CME Group, trading in the new…
XRP perpetual futures go live on Kalshi for U.S. traders
Kalshi launches XRP perpetual futures for U.S. traders, adding regulated cash-settled exposure with no fixed expiration and flexible access.
Netherlands loses Jurriën Timber to injury ahead of 2026 World Cup
The Netherlands faces increased pressure on defensive depth, highlighting the critical need for adaptable strategies in an expanded World Cup. The post Netherlands loses Jurriën Timber to injury ahead of 2026 World Cup appeared first on Crypto Briefing.
Are crypto markets at risk as SpaceX IPO is 4x oversubscribed?
SpaceX’s IPO draws over $250B in orders as analysts examine whether its June 12 debut could drain liquidity from Bitcoin and crypto markets.
Cardano (ADA) Rebounds 12% From Multi-Year Bottom With Leios Testnet Days Away
Cardano (ADA) rallies 12% from six-year low ahead of June 23 Leios testnet. Dormant wallets activate but TVL drops 42M ADA. Full analysis inside. The post Cardano (ADA) Rebounds 12% From Multi-Year Bottom With Leios Testnet Days Away appeared first on Blockonomi.
Liverpool seeks 5-7 players for squad reinforcements ahead of summer window
Liverpool's extensive squad overhaul could redefine team dynamics and set a precedent for strategic financial management in sports. The post Liverpool seeks 5-7 players for squad reinforcements ahead of summer window appeared first on Crypto Briefing.
Einride debuts on NASDAQ after completing $1.35 billion SPAC merger
Einride's NASDAQ debut highlights growing investor confidence in electric and autonomous freight tech, despite valuation adjustments. The post Einride debuts on NASDAQ after completing $1.35 billion SPAC merger appeared first on Crypto Briefing.
Securitize CEO Predicts Tokenized Equities Will Explode RWA Market to $5 Trillion
Securitize CEO Carlos Domingo predicts tokenized stocks and ETFs could expand the RWA market from $30 billion to $5 trillion. Learn about his vision. The post Securitize CEO Predicts Tokenized Equities Will Explode RWA Market to $5 Trillion appeared first on Blockonomi.
Japan’s Takumi Minamino joins World Cup campaign as mentor after ACL injury sidelines him from playing
Minamino's mentorship role highlights the strategic value of veteran experience in nurturing young talent and fostering team cohesion at major tournaments. The post Japan’s Takumi Minamino joins World Cup campaign as mentor after ACL injury sidelines him from playing appeared first on Crypto Briefing.
Solana (SOL) Price Slips Under $65 as Analyst Spots Buy Signal Targeting $77
Solana (SOL) trades below $65 with mixed signals. Analyst identifies TD Sequential buy setup targeting $77 amid declining futures and volatile ETF flows. The post Solana (SOL) Price Slips Under $65 as Analyst Spots Buy Signal Targeting $77 appeared first on Blockonomi.
Are crypto markets at risk as SpaceX IPO demand hits 4x?
SpaceX’s IPO draws over $250B in orders as analysts examine whether its June 12 debut could drain liquidity from Bitcoin and crypto markets.
Tom Lee’s Bitmine Buys $123 Million More Ethereum as Treasury Tops 5.4 Million ETH
Bitmine Immersion Technologies has scooped up another 75,000 ether worth roughly $123 million, lifting the Tom Lee-chaired firm’s treasury past 5.4 million ETH and deeper into a multibillion-dollar bet on the network. A 75,000 ETH Buy in an Eight-Hour Window Bitmine Immersion Technologies (NYSE American: BMNR) acquired 75,000 ether on June 9 for about $123 […]
US and Iran exchange strikes after helicopter downing, rattling oil markets and boosting Bitcoin’s safe haven narrative
Heightened US-Iran tensions could destabilize global oil supply, prompting increased interest in Bitcoin as a perceived financial safe haven. The post US and Iran exchange strikes after helicopter downing, rattling oil markets and boosting Bitcoin’s safe haven narrative appeared first on Crypto Briefing.
Tottenham Hotspur extends Ben Davies’ contract as club deepens crypto ties with Kraken and Socios
Tottenham's strategy highlights the potential for sports clubs to blend fan engagement with stable revenue through crypto partnerships. The post Tottenham Hotspur extends Ben Davies’ contract as club deepens crypto ties with Kraken and Socios appeared first on Crypto Briefing.
Six Proposed Crypto Tax Bills Could Reshape Bitcoin Taxation in the United States
House Ways and Means Committee reviews six crypto tax bills covering mining, staking, small transactions, and donations. Democrats question potential abuse risks. The post Six Proposed Crypto Tax Bills Could Reshape Bitcoin Taxation in the United States appeared first on Blockonomi.
Bitcoin (BTC) Plunges 7% as Middle East Tensions Rattle Markets and CPI Looms
Bitcoin (BTC) fell 7% weekly to $61K while gold dropped below $4,200. US strikes on Iran and Wednesday's CPI report dominate market focus. The post Bitcoin (BTC) Plunges 7% as Middle East Tensions Rattle Markets and CPI Looms appeared first on Blockonomi.
XRP Price Action: Critical Support Level Could Determine Next Major Move
XRP drops below $1.15 as bearish indicators intensify. Analysts highlight $1.40 monthly close needed to confirm double bottom pattern at $1.05 level. The post XRP Price Action: Critical Support Level Could Determine Next Major Move appeared first on Blockonomi.
Could insider trading bans hurt Polymarket and Kalshi market accuracy?
Prediction market accuracy has suffered under both weak and excessive insider trading enforcement, according to a new academic study that argued a complete ban could leave markets less informative. According to a June 2 research paper by Balbinder Singh Gill,…
Ethereum Never Reached A Key Bull Market Milestone This Cycle
On-chain analytics firm Glassnode has revealed how the latest Ethereum cycle never reached a profitability threshold cleared in previous bull runs. Ethereum Has Seen Its Profitability Profile Compress This Cycle In a new post on X, Glassnode has talked about how the share of supply carrying a gain of more than 300% is currently looking […]
Morpho Raises $175M in DeFi’s Largest Ever Funding Round to Build the Open Credit Network for the World
Morpho just made history. The decentralized credit protocol has closed a $175 million funding round, the largest raise DeFi has ever seen and the investor lineup behind it reads like a who’s who of the most serious capital in both traditional and crypto finance. The round was co-led by Paradigm, a16z crypto, and Ribbit Capital, with strategic participation from Apollo Global, VanEck, Circle Ventures, Ledger, and Cathay Innovation. Additional participation came from Variant Fund, WMT Ventures, Prelude XYZ, IOSG Ventures, HashKey Capital, SBI Group, Bpifrance, Mirana, NJJ Capital, and more than ten other strategic partners. The announcement landed via Morpho’s The post Morpho Raises $175M in DeFi’s Largest Ever Funding Round to Build the Open Credit Network for the World appeared first on The Merkle News.