Cryptocurrency News

Bitcoin Magazine Galaxy Research Cuts CLARITY Act Passage Odds to 50-50 as Senate Clock Runs Out Galaxy Research cut its odds of the Senate passing the CLARITY Act to 50-50, citing dwindling time before Congress’s August recess and mounting legislative uncertainty. This post Galaxy Research Cuts CLARITY Act Passage Odds to 50-50 as Senate Clock…Read More

The U.S. Treasury, in collaboration with Chainalisys, took action against Huione, one of the largest enablers of crypto-money laundering operations for the Prince Group, a transnational criminal organization that targeted Americans with romantic fraud scams, also known as pig butchering operations. US Treasury Hits Huione Group’s Crypto Money Laundering Cloud Infrastructure The Trump Administration is…Read More

Cathie Wood’s ARK Invest scooped up shares of Coinbase, Circle, Bullish, and Robinhood on June 25 as all four crypto-linked stocks fell, according to the firm’s daily trade disclosures. The purchases clearly reflected Wood’s ongoing strategy of buying into weakness. Buying Into a Broad Crypto-Equity Selloff ARK added 35,023 shares of Robinhood (Nasdaq: HOOD), worth…Read More

Bitcoin snapped a two-day, $4,500 slide on Friday, experiencing choppy trading between $58,500 and $60,500 before settling around $60,000. Choppy Trading Snaps a Two-Day Slide Bitcoin oscillated between $58,500 and $60,500 on Friday, snapping a steep 48-hour decline that had shaved nearly $4,500 off its value. According to market data, the digital asset stabilized above…Read More

Bitcoin Magazine Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’ Jeremy Grantham doubled down on his long-standing Bitcoin skepticism, predicting the cryptocurrency will “dwindle away with a whimper.” This post Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’ first appeared on Bitcoin Magazine and is written by Micah Zimmerman.Read More

Binance will halt crypto asset services in European Union markets from July 1 after notifying customers that it could not meet the bloc’s Markets in Crypto-Assets (MiCA) licensing requirements before the regulatory deadline. Customer Emails Explain Service Changes as MiCA Access Changes Near Crypto exchange Binance has sent notices to customers in several European Union…Read More

Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect nearly 90 employees, reducing Bitgo’s total headcount to nearly 520. Crypto Custody Company Bitgo Announces Layoffs Bitgo, a company that offers staking, trading, OTC services, financing, settlement, and provides custody…Read More

Bitcoin Magazine Michael Saylor Responds to Scrutiny as Strategy Shares and STRC Hit 52-Week Lows Michael Saylor took to X to defend Strategy’s long-term Bitcoin-focused strategy after MSTR and its preferred shares hit new lows. This post Michael Saylor Responds to Scrutiny as Strategy Shares and STRC Hit 52-Week Lows first appeared on Bitcoin Magazine…Read More

Bitcoin Magazine ‘I See Volatility as Opportunity’: Bitcoin Tests Critical Support as Key Level Hangs in the Balance Bitcoin is testing the critical $58,000–$60,000 support zone for a third time, with a break below could trigger a deeper decline. This post ‘I See Volatility as Opportunity’: Bitcoin Tests Critical Support as Key Level Hangs in…Read More

Bitcoin Magazine Strategy Stock (MSTR) Nearly Craters Another 10% as Securities Lawsuit Lands Strategy shares plunged some more today as Bitcoin fell to $59,000. This post Strategy Stock (MSTR) Nearly Craters Another 10% as Securities Lawsuit Lands first appeared on Bitcoin Magazine and is written by Micah Zimmerman.Read More