“It appears traders are seeing the latest BTC acquisition as an unsustainable path for STRC,” said 10x Research’s Markus Thielen. Read More at https://cointelegraph.com/news/strc-hits-all-time-low-as-latest-btc-purchases-seen-as-unsustainable?utm_source=rss&utm_medium=rss&utm_campaign=rss
Author Archives: pdgweb
Illinois governor approves crypto transaction tax despite industry uproar
“There is effectively no comparable state financial transaction tax on stocks, bonds or derivatives anywhere in the country,” said a16z general counsel Miles Jennings. Read More at https://cointelegraph.com/news/crypto-advocates-execs-push-back-on-illinois-transaction-tax?utm_source=rss&utm_medium=rss&utm_campaign=rss
Hyperliquid open interest surges 32% in a week: Is $80 HYPE next?
Despite mixed HYPE derivatives market signals, Hyperliquid’s explosive TradFi perpetual growth makes a push toward $80 increasingly realistic. Read More at https://cointelegraph.com/markets/hyperliquid-open-interest-gains-32-in-a-week-is-80-hype-next?utm_source=rss&utm_medium=rss&utm_campaign=rss
Senators urge Treasury ensure state authority in GENIUS application
A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.” Read More at https://cointelegraph.com/news/senators-urge-treasury-ensure-state-authority-in-genius-application?utm_source=rss&utm_medium=rss&utm_campaign=rss
Bitcoin Covenants Part 2: OP_CHECKTEMPLATEVERIFY
CTV lets a Bitcoin output commit to precisely what the next transaction must look like. This enables trust-minimized vaults, congestion control, and smart contract primitives without pre-signed key management. Read More at https://cointelegraph.com/research/bitcoin-covenants-part-2-op-checktemplateverify?utm_source=rss&utm_medium=rss&utm_campaign=rss
Bitcoin tops $67K following US-Iran peace deal: Is it a bull trap?
Despite Bitcoin derivatives data highlight traders’ skepticism even though BTC briefly rallied above $67,000. Are bulls stepping into a trap? Read More at https://cointelegraph.com/markets/bitcoin-tops-67k-following-us-iran-peace-deal-is-it-a-bull-trap?utm_source=rss&utm_medium=rss&utm_campaign=rss
Tokenized asset market tops $43B as institutions accelerate blockchain adoption
Tokenized financial assets have surged 37% in six months as institutions expand blockchain adoption and the market broadens beyond funds and private credit, according to Token Terminal. Read More at https://cointelegraph.com/news/tokenized-rwa-market-tops-43b-wall-street-pushes-deeper-onchain?utm_source=rss&utm_medium=rss&utm_campaign=rss
Bitcoin metric near ‘low-risk’ zone after holders absorb 125K BTC in June: Time for a rebound?
Bitcoin’s Sharpe ratio and a 125,000 BTC increase in BTC accumulator demand mark the start of a new demand phase. Will prices follow? Read More at https://cointelegraph.com/markets/bitcoin-risk-metric-nears-low-risk-zone-as-holders-absorb-125k-btc-in-june?utm_source=rss&utm_medium=rss&utm_campaign=rss
Crypto PAC has $12M stake in Senate primary runoff as Alabama voters head to polls
Defend American Jobs reported spending $7.4 million on media to support Republican Barry Moore ahead of his May 20 Alabama primary, and an additional $4.7 million before Tuesday’s runoffs. Read More at https://cointelegraph.com/news/crypto-pac-fairshake-senate-primary-alabama-voters?utm_source=rss&utm_medium=rss&utm_campaign=rss
Coinbase lets users transfer stock portfolios as exchange expands beyond crypto
The crypto exchange is deepening its push into traditional finance by enabling ACATS stock transfers and expanding trading products beyond digital assets. Read More at https://cointelegraph.com/news/coinbase-acats-stock-portfolio-transfers-beyond-crypto?utm_source=rss&utm_medium=rss&utm_campaign=rss