Crypto traders enter June 15 with U.S. data releases and a Federal Reserve decision in focus. Summary Bitcoin climbed above $65,500 as U.S.-Iran deal eased oil and inflation concerns. Markets expect Fed to keep rates unchanged during Kevin Warsh’s first policy meeting this week. Retail sales, housing starts and manufacturing data could shape crypto risk…
SoFi Technologies has made SoFiUSD available inside the SoFi app, giving members the ability to buy, sell, hold, and convert the U.S. dollar-pegged stablecoin. Summary SoFiUSD is now available in the SoFi app for 14.7 million members across the U.S. The stablecoin runs on Ethereum and Solana, with tokenized deposits and transfers planned soon next….
The U.S. Commodity Futures Trading Commission has proposed a new framework for reviewing prediction market contracts that could reshape how platforms such as Polymarket and Kalshi operate in the United States. Summary The CFTC is preparing a new framework to review prediction market contracts instead of relying on broad restrictions. Platforms such as Polymarket and…
Ethereum price has fallen to around $1,630 after losing roughly 4% in the past 24 hours, while fresh technical signals and market-wide liquidations have kept traders focused on the risk of another move toward key support levels. Summary Ethereum price fell about 4% to near $1,630 as crypto liquidations reached $468 million, and Bitcoin dropped…
SEC Commissioner Hester Peirce has said that software developers who publish open-source blockchain code should not face federal securities registration rules simply because others use their work. Summary Hester Peirce said open-source DeFi code should not automatically expose developers to federal securities registration requirements or intermediary rules. Peirce argued that securities violations should rest with…
WhiteBIT Coin surged nearly 8% on Wednesday, emerging as one of the top-performing crypto assets as fresh momentum followed a major partnership announcement. Summary WhiteBIT Coin rose nearly 8% after announcing a five-year partnership expansion with FC Barcelona, adding new utility via crypto-linked payment features. Deflationary tokenomics, including recent burns and a 33% fee-based buyback…
Solana price has rebounded from a three-year low after a wave of liquidations eased and buyers stepped back into the market, though traders remain divided on whether the token can reclaim its May highs. Summary Solana price rebounded above $66 on June 8 after plunging to a three-year low near $60 amid last week’s market…
“Ships of the World, start your engines. Let the oil flow.” The reopened strait sends oil down, and oil down is the first link in a chain that ends at crypto liquidity. Tracing that chain is the difference between trading the headline and understanding it. Summary The Strait of Hormuz reopening matters to crypto because…
Sui blockchain stalled on May 28, halting block production and sending the SUI token down 8%. Summary Sui blockchain stopped producing blocks on May 28, its second major stall in five months. The core team confirmed a network stall and paused transactions while deploying a fix. The SUI token fell roughly 8% as block finality…
Stand With Crypto UK has launched a campaign against bank-imposed crypto transfer restrictions after a report found that 40% of cryptocurrency transactions in the country are being blocked or limited. Summary Stand With Crypto UK has launched a campaign urging its 286,000 members to challenge bank restrictions on transfers to crypto exchanges. A UK Cryptoassets…
