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Ripple Burns 9M RLUSD, Slowing Push Toward $2B Supply Target Pace Now
RLUSD Supply Adjustments and Treasury Activity
Ripple executed the latest burn through its treasury wallet, permanently removing nine million RLUSD tokens from circulation. Consequently, the move reduced the available supply and followed earlier large-scale burns during the same month. The action f
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Crypto Market Rebounds as Bitcoin Hits $71K After Volatility
The crypto market recovered today as Bitcoin climbed back above $71,000 after recent losses. The broader market cap rose to $2.42 trillion, supported by derivatives activity. However, macro pressure and weak sentiment continue to shape short-term
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Meme Coin Crash Leaves Hailey Welsh Traumatized, ‘Hawk Tuah’
A prominent crypto influencer is speaking out about the fallout from promoting a memecoin that unraveled just days after its 2024 launch. Hailey Welch, popularly known as the Hawk Tuah girl, says the HAWK memecoin episode left lasting scars after a rapid rise and a dramatic collapse, and she
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Resolv Labs’ Stablecoin Depegs as Attacker Mints Millions of Tokens
A stablecoin linked to the crypto project Resolv Labs has fallen off its dollar peg after a deliberate exploit allowed an attacker to mint millions of USR tokens. Resolv Labs announced on X that the protocol’s functions were paused to curb further damage and that the team is working on recovery
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Nevada Court Temporarily Blocks Kalshi from Operating in Nevada
A Nevada judge has halted Kalshi from operating in the state for now, ruling that the company’s prediction-market contracts could violate Nevada gambling laws by serving as unlicensed sports pools. The temporary restraining order (TRO) lasts 14 days and follows a Nevada Gaming Control Board action a
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Crypto markets edge higher as gold sinks 43-year drop amid Iran war
Gold slid 3.5% on Friday, trading around $4,488 per ounce, as geopolitical volatility and uncertainty in the Middle East weighed on sentiment. The decline pushed the metal’s weekly drop to about 11%, the steepest weekly decline since 1983, underscoring how a risk-off environment can erode the
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CFTC Staff Set Crypto Collateral Standards for Market Participants
The U.S. Commodity Futures Trading Commission (CFTC) has sharpened its stance on using crypto as collateral in derivatives markets, releasing updated guidance that clarifies how crypto assets can be deployed within a pilot program launched last year. A Friday notice from the agency’s Market
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Bitcoin Tests a $70K Level as Inflation Fears Surge
Bitcoin is grappling with a shift in momentum after failing to sustain a rally above $76,000, slipping back under $70,000 as crude oil prices rise and inflation concerns roil risk markets. The move underscores how macro forces—oil, policy expectations, and stock weakness—continue to shape the
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Brazil Postpones Crypto Tax Policy Until After Election
Brazil’s crypto tax policy is taking a back seat as the government focuses on an October 2026 presidential race, with officials delaying public consultation on crypto taxation until after the election cycle. Sources familiar with the matter told Reuters that regulators are hesitant to push
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Google Threat Intel Flags Ghostblade as Crypto-Stealing Malware
Google Threat Intelligence has flagged a new crypto-stealing malware named “Ghostblade” targeting Apple iOS devices. Described as part of the DarkSword family of browser-based tools, Ghostblade is engineered to siphon private keys and other sensitive data in a rapid, discreet burst rather than a
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Bitcoin Options Signal Fear Amid Subdued BTC ETF Outflows
Bitcoin traded in a narrow range near $70,000 on Friday after a stumble to reclaim the $75,000 level earlier in the week. The back-to-back sessions of net outflows from U.S.-listed spot Bitcoin ETFs cooled a recent run of inflows, prompting traders to reassess whether institutions are turning more c
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Analyst warns traders pricing in TACO trade could face a rude awakening
Traders are underestimating how deeply the current conflict in the Middle East could reshape the macro backdrop, with some positioning around a so‑called “TACO trade”—short for “Trump always chickens out”—dominating chatter in crypto and broader markets. Nic Puckrin, founder of Coin Bureau,
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Analyst: SEC crypto guidance signals end of the Gensler era
The U.S. securities and commodities watchdogs have jointly published guidance that for the first time attempts a formal taxonomy for digital assets. Market observers welcomed the move as a material shift away from the prior Gensler-era posture, with Galaxy Digital’s Alex Thorn framing it as a step t
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Ethereum Approaches Cycle Low as Bitmain Indicates Violent Belief
The article explores Ethereum's potential market bottom, highlighting its correlation with past S&P 500 trends and significant institutional investment by Bitmain. Despite mixed market sentiment, historical patterns suggest possible recovery.
ai-iconThe abstract is generated by AI
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