Several more US states are scheduled to hold primaries next week after one Republican candidate won in Alabama on Tuesday after a crypto company-backed PAC used what it called its “biggest spend of the cycle.” Read More at https://cointelegraph.com/news/crypto-pac-alabama-senate-runoff-june-primaries?utm_source=rss&utm_medium=rss&utm_campaign=rss
Author Archives: pdgweb
Bitcoin capitulation ‘twice as weak’ after spot liquidity turns supportive: Glassnode
Bitcoin’s realized losses fell by 46% as increasing bid-side liquidity points to easing sell pressure. Can bulls push BTC price back above $70,000? Read More at https://cointelegraph.com/markets/bitcoin-capitulation-twice-as-weak-as-spot-liquidity-turns-supportive-glassnode?utm_source=rss&utm_medium=rss&utm_campaign=rss
Blockchain.com deepens onchain stock offerings as tokenized equities market grows
The rollout in collaboration with Ondo Finance broadens access to tokenized traditional assets as demand for onchain stocks and ETFs continues to grow. Read More at https://cointelegraph.com/news/blockchaincom-adds-173-tokenized-stocks-and-etfs-through-ondo?utm_source=rss&utm_medium=rss&utm_campaign=rss
Altcoin selling tops $266B as capital rotates out of crypto: Is altseason extinct?
Altcoin spot demand fell to its weakest level in six years while the stablecoin market cap, stocks and AI industry continued to capture investors’ attention. Read More at https://cointelegraph.com/markets/altcoins-witness-266b-in-selling-at-5-year-high-is-capital-leaving-crypto?utm_source=rss&utm_medium=rss&utm_campaign=rss
Kalshi adds software partner as it looks to boost prediction market surveillance
The collaboration comes as US state regulators and the CFTC battle over oversight of event-based contracts. Read More at https://cointelegraph.com/news/kalshi-partners-with-starcompliance-on-prediction-market-surveillance-tool-for-institutions?utm_source=rss&utm_medium=rss&utm_campaign=rss
US lawmakers warn against presidential pardon for Sam Bankman-Fried
The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related to the misuse of customer funds. Read More at https://cointelegraph.com/news/resolution-donald-trump-against-pardon-sam-bankman-fried?utm_source=rss&utm_medium=rss&utm_campaign=rss
Bybit lands on Singapore MAS Investor Alert List
Crypto exchange Bybit has been added to Singapore’s MAS Investor Alert List, which flags entities that may be mistakenly perceived as licensed or regulated. Read More at https://cointelegraph.com/news/bybit-singapore-mas-investor-alert-list?utm_source=rss&utm_medium=rss&utm_campaign=rss
Trace Finance raises $32M for cross-border stablecoin settlement expansion
The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting blockchain payments with traditional banking systems. Read More at https://cointelegraph.com/news/trace-finance-cross-border-stablecoin-settlement-expansion?utm_source=rss&utm_medium=rss&utm_campaign=rss
Bitcoin price sets $64.5K week-to-date low as Strategy selling worries return
Bitcoin circled $65,000 after downside BTC price pressure into the FOMC meeting as analysis warned over the impact of Strategy potentially selling more BTC in the future. Read More at https://cointelegraph.com/markets/bitcoin-price-sets-645k-week-to-date-low-as-strategy-selling-worries-return?utm_source=rss&utm_medium=rss&utm_campaign=rss
Ready USDC card halts non-EEA service after issuer change, users report
Users reported losing access to Ready’s USDC card outside the EEA after a card provider change triggered rapid deactivation notices. Read More at https://cointelegraph.com/news/ready-usdc-card-service-halt-non-eea-report?utm_source=rss&utm_medium=rss&utm_campaign=rss