Cryptocurrency News

A wallet tied to former Bitforex chief Garrett Jin has sold its entire 184,102 HYPE stake, worth about $13.55 million, for a $2.83 million profit, then rotated into a long position on Uniswap’s UNI. The Trade Lookonchain flagged the moves, reporting that Jin (who posts as Garrett Bullish) had offloaded all 184,102 of his HYPE…Read More

The Dutch gambling regulator (KSA) has moved to collect €420,000 (~$487,000) from the company behind Polymarket, the latest sign that Europe is treating prediction markets as unlicensed gambling even as the US embraces them as financial products. How a single day cost Polymarket $487,000 The Kansspelautoriteit (KSA) published its collection decision on 16 June against…Read More

Bitcoin Magazine Fed Signals Possible Rate Hikes as Kevin Warsh Opens ‘New Chapter’ at Central Bank The Federal Reserve kept rates unchanged but signaled potential rate hikes under new Chair Kevin Warsh as inflation concerns persist, sending Bitcoin and stocks lower. This post Fed Signals Possible Rate Hikes as Kevin Warsh Opens ‘New Chapter’ at…Read More

Crypto ETF flows turned positive across the board on Tuesday, June 16, with bitcoin, ether, HYPE, XRP, and solana ETFs all recording inflows. The rare all-green session suggested investors are starting to rebuild exposure, even if demand remains measured. Bitcoin and Ether ETFs Gain $19.6 Million Combined as Investor Demand Broadens For once, the crypto…Read More

The Federal Reserve held interest rates steady on Wednesday under Chair Kevin Warsh, pairing a historic leadership moment with a blunt reminder that inflation is still running the show. Fed Holds Rates as CPI Reheats The Federal Open Market Committee (FOMC) voted 12-0 on June 17 to maintain the federal funds rate target range at…Read More

Bitcoin spent much of the last 24 hours locked in a tight range ahead of the expected signing of the U.S.–Iran memorandum, oscillating mostly between $65,500–$65,750 despite a brief spike above $66,000. Leverage Liquidations Subside Bitcoin traded sideways on Wednesday as global markets awaited the formal signing of the U.S.-Iran memorandum of understanding on Friday.…Read More

Bitcoin Magazine Mexican Billionaire Ricardo Salinas Bets 70% of His Portfolio on Bitcoin, Eyes $1 Million Price Mexican billionaire Ricardo Salinas says he has increased his bitcoin allocation from 10% in 2020 to 70% of his portfolio today and believes bitcoin will eventually reach $1 million. This post Mexican Billionaire Ricardo Salinas Bets 70% of…Read More

Bitcoin Magazine U.S. Congressman Nick Begich Wants America to Stop Selling Its Bitcoin — And Start Treating It Like Gold A first-term Alaska congressman and former tech entrepreneur argues the U.S. should stop selling seized Bitcoin, treat it as a strategic reserve asset, and approach AI with the same sober reckoning it applies to nuclear…Read More

Bitcoin Magazine Oman Launches Mandatory National Bitcoin Mining Pool in State-Backed Push for Regulatory Control Oman launched a mandatory state-backed Bitcoin mining pool requiring all licensed miners to participate, tightening regulatory oversight while expanding the country’s $700 million-plus push into industrial-scale Bitcoin mining. This post Oman Launches Mandatory National Bitcoin Mining Pool in State-Backed Push…Read More

Bitcoin Magazine 79% of Bitcoin Supply Now Locked by Long-Term Holders. Analyst Sees Bear Market Nearing Exhaustion Bitcoin may be nearing a bear market bottom, according to K33, as long-term holders now control a record 79% of circulating supply and historically low old-coin spending suggests persistent accumulation despite ongoing macroeconomic uncertainty. This post 79% of…Read More